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Cover story: New construction in Miami

Forget everything you thought you knew about Miami real estate, and the rest of Florida for that matter. With such rapid growth in just a few years, most of the state has undergone a transformation so broad that old

Bidding wars down significantly in Miami this month

Miami joins many cities across the country in posting a steep drop in the percentage of homebuyers facing competition to get to the closing table. That’s per a new study by Redfin, which compares the percentage of buyers who

This Week in Miami Real Estate: Downtown hotel market, groundbreaking plans and more

Downtown Miami hotel market expected to double in size A report from the Miami Downtown Development Authority projects that based on proposals and plans for upcoming hotel developments in downtown Miami, the area could see as many as 12,000

Miami named an emerging US tech hub

Miami is quickly becoming one of the most attractive destinations for technology professionals, thanks in large part to rapid job growth in this sector locally. According to a recent nationwide report from RentCafe using federal data, the Miami metro area

This Week in Miami Real Estate: Market reports, team members and more

Rent growth picks up again in February After a brief cooling period, average rents have begun rising again in Miami and most of the rest of the nation. According to the Zillow Rent Index updated for February, rent grew

Public data tools unlock Miami development opportunities

The affordable housing crisis facing much of the U.S. today is more like an affordable land crisis. In a city like Miami, the only affordable land available right now is that which is underutilized or vacant. Finding those opportunities

This Week in Miami Real Estate: Rent vs. own, mega-mergers and more

Homeowners save in Miami compared to renting While renting a home can be less expensive than owning a comparable one in some parts of the U.S., this isn’t the case everywhere. Miami found its way onto a LendingTree article

This Week in Miami Real Estate: Permit slowdown, broker news and more

Developers hope new tech will speed up permitting process Last October, Miami city officials announced the rollout of a new electronic system for developers to submit building plans for review by the proper authorities. Known as Electronic Plan Review,

Miami named a top destination for homebuyers this year

A surge in home and condo inventory is making Miami one of the most attractive real estate markets for buyers in the U.S. this year. A recent report from Zillow, using its proprietary Buyer-Seller Index, named the Miami-Fort Lauderdale

Condo sales slump may attract buyer, agent interest

Real estate agents in the Miami area may be ramping up marketing efforts that target condo buyers, as recent data show a local market primed for sales opportunities. Some condo owners and developers are even launching their own campaigns

This Week in Miami Real Estate: Property taxes, new homes and more

Miami-Dade property tax deadline approaches Miami-Dade County Property Appraiser Pedro J. Garcia is urging homeowners to file property tax returns soon amidst the upcoming March 1, 2019 deadline. Garcia is hoping property owners pay special attention to several new

This Week in Miami Real Estate: Traffic, beach life and more

  Miami ranks 12th in U.S. for traffic No one likes sitting in traffic, but Miami residents have recently amped up their concerns around swelling vehicle congestion in the booming city. Now, with the release of a new study

Miami home, condo prices finish higher in Q4

Median prices for single-family homes and condos in the Miami area grew at a faster rate than the national average in the final quarter of 2018, according to the latest data from the National Association of Realtors. Compared to

This Week in Miami Real Estate: State migration, hotel concepts and more

Officials in states like New York are already sounding the alarm on lost tax revenues due in part to migration to Florida. In a press conference Feb. 5, New York Governor Andrew Cuomo for the first time divulged the

This Week in Miami Real Estate: High-speed trains, flying cars and more

It’s been a good week for proponents of mass transit in the Miami area. On Jan. 24, the Miami Herald reported that Miami-Dade County officials had signed off on revisions to local zoning rules that would effectively allow more

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Florida pulls ahead in US job creation

Florida posted one of the highest rates of job creation in the U.S. for 2018, helping lift the entire southern region to the top regional rate of job growth. According to the Bureau of Labor Statistics, the Sunshine State’s

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