According to data from the Florida Realtors Association, the region has fewer homes for sale than anytime in the past three years; the median price has increased steadily for a year; and the houses are disappearing faster than anyone can remember. CLICK ON THE HEADLINE FOR MORE
By The Numbers: South Florida’s Torrid Housing Market Read More »
A lack of inventory continues to plague parts of South Florida, with the luxury sector outperforming other price points. In the first quarter, residential sales volume totaled $15.8 billion in Miami-Dade, Broward and Palm Beach counties. CLICK ON THE HEADLINE FOR MORE
South Florida Resi Sales, Prices Jump In The First Quarter Read More »
According to researchers from FAU, the average South Florida home is overpriced 13 percent more than the market average. Although nowhere near the record highs achieved during the market crash of 2007, the speed at which home prices are rising has become a cause for concern. CLICK ON THE HEADLINE FOR MORE
South Florida Home Prices Continue To Rise Read More »
Evidence is emerging that sellers who have hibernated for months are ready to list their house. Over the next six months, enough of them are expected to add to the thinning number of homes for sale that buyers could have broader choices, according to analysts, brokers and home search sites. CLICK ON THE HEADLINE FOR MORE
Relief For Homebuyers: More Sellers Are Putting Their Homes On The Market Read More »
The Miami commission just unanimously approved the creation of the West Grove Community Redevelopment Agency where proponents aim to spend future tax revenue on affordable housing and economic revitalization. CLICK ON THE HEADLINE FOR MORE
Miami Approves Creation Of New Anti-Blight Taxing District In West Coconut Grove Read More »
At Mr. C Residences in Coconut Grove buyers are purchasing multiple units in the 20-story condo tower and combining them to up their square footage. CLICK ON THE HEADLINE FOR MORE
Pandemic Trends Endure For Miami’s Sizzling Luxury Market Read More »
The Miami Beach-based buyer plans to upgrade the 2-acre, 140-unit property and convert it to multifamily. The hotel sold for about $221,000 per unit. CLCIK ON THE HEADLINE FOR MORE
Residence Inn Coconut Grove Sells For $31M, To Be Converted To Apartments Read More »
Miami-Dade County total home sales posted a double-digit increase for the fifth consecutive month in January 2021 as pent-up demand and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors and the Multiple Listing Service system. CLICK ON HEADLINE FOR MORE
Miami-Dade Total Home Sales Continue Surging In January 2021 Read More »
The transit-oriented development called Grove Central will include a new 23-story residential tower comprising of 402 workforce and co-living units; a 1,250-space public parking garage; and approximately 170,000 square feet of retail space. CLICK ON THE HEADLINE FOR MORE
Terra, Grass River Break Ground on Grove Central Mixed-Use Project In Coconut Grove Read More »
The case filed by the association against Terra and others settled for an undisclosed amount. It\’s favorable for the association that levied claims for over $21 million in damages. CLICK ON THE HEADLINE FOR MORE
$21M Suit Alleging Defects In Miami\’s Grove At Grand Bay Condo Settles Confidentially Read More »
