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‘The City Beautiful’ has eye on expansion

Coral Gable officials are nearing finalization of a deal to annex to unincorporated, 205-acre neighborhood of Little Gables, according to a new report from Miami New Times. Little Gables, which sits between Coral Gables and Miami, is home to

Minority homeownership lags in the United States

While homeownership continues to be a key part of the American Dream, minorities in the United States lag behind the rest of the country in homeownership rates. According to a new report from ABODO Apartments, a national apartment listing

New high-speed train could transform Florida cities

The U.S. is getting its first high-speed train that ultimately will stretch 235 miles from Orlando east to the coast and down to Miami — for a total travel time of three hours, NPR reported. Phase one of the $3

This Week in Miami Real Estate: New city park, super-tall towers and more

With little room for horizontal footprints in Miami, developers are almost literally reaching for the stars, with several planning on towers that would be among the tallest in the city. Property Markets Group recently filed plans for a 1,036-foot

How the tax reform impacts Florida homeowners

As Congress works on creating a new tax bill, the National Association of Realtors (NAR) has been vocal about the ways in which the proposals would affect homeowners, home prices and the real estate industry as a whole. However,

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Miami home prices surge 5 percent in October

Home prices in the Miami metropolitan area had a year-over-year increase of 5 percent in October, while national prices increased 7 percent, according to the recent CoreLogic Home Price Index. The national increase marks the fourth consecutive month of

Miami ranks No. 4 in recovery since the recession

Almost a decade since the start of the recession, when the housing market crashed and home values dropped 30 percent, SmartAsset has compiled a list of the cities that have seen the most recovery. From 2010 on, five metrics were

Miami real estate team is blazing the Bitcoin trail

Chances are, you’ve seen a lot of news about Bitcoin lately, with news about its shares surging to a record high, then, a few days later, news about those shares plummeting only to spike again to another new high

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This Week in Miami Real Estate: Hot Wynwood lot, downtown proposals and more

A 1.65-acre lot in Wynwood just hit the market and, according to The Real Deal Miami, it could go from $16 million to nearly $20 million because of the neighborhood’s hot status right now. The spot has been owned

Median U.S. home value increases by $12,500 since last year

Just months after median U.S. home values reached their highest point in history, home values have continued to rise. Zillow recently released its October 2017 Market Housing report showing that the median U.S. home value stands at $203,400, a $12,500,

Florida sales stay hot as holidays near

The Florida market is showing a well-rounded recovery post-Hurricane Irma, according to new data from Florida Realtors, with the number of sales, median prices, new listings and new pending sales all increasing in October.  The number of sales in

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New Miami mayor pledges commitment to affordable housing

Less than two weeks after being elected mayor of Miami, former city commissioner Francis X. Suarez released a statement in The Miami Herald outlining his vision for the city, which has a big focus on housing.  Affordability has been

This Week in Miami Real Estate: Chinatown plans, new Fort Lauderdale project and more

The North Miami Community Redevelopment Agency recently approved the master plan for a new Chinatown district, which calls for $5 million for infrastructure, streetscapes and business grants, according to The Real Deal. The district will have two gateways, one

With lofty plans for transformation, billionaire sets sights on Miami

Thanks to a wealthy investor with big plans, Wynwood and Flagler Street in downtown Miami are poised for a transformation in coming years. In recent years, Moishe Mana has quietly spent $350 million acquiring dozens of blocks and buildings,

City millennials heading for the suburbs, says NREI

As millennials get older, they’re trading in their train passes for minivans as they head for the suburbs, this according to National Real Estate Investor’s survey of suburban areas with the best potential for millennial population growth. Thanks to

International buyers continue to invest in Florida properties

Sales of Florida homes to international investors amounted to $24.2 billion so far this year, up sharply from $19.5 billion last year, according to a new report from Florida Realtors. That’s the highest amount in the U.S. and accounts

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