History is endangered in Coconut Grove these days. The charming old bungalows are being replaced by huge concrete cubes at an alarming rate, and gentrification threatens the historic Black Grove neighborhood. The new Mayfair, however, pays tribute to everything that made the Grove special. CLICK ON THE HEADLINE FOR MORE
Mayfair House Hotel Reopens After $50 Million Renovation Read More »
Up until a month or two ago, sellers were in the driver’s seat, able to practically dictate the terms under which they would accept a buyer’s offer. Now, though, buyers are regaining the upper hand. There’s still a way for sellers to maintain control of the process. CLICK ON THE HEADLINE FOR MORE
According to a new study, competition for apartments in Miami is fierce, and by far the most competitive nationwide, The average vacant apartment is being filled in just 27 days, with an average of 31 prospective renters per unit. CLICK ON THE HEADLINE FOR MORE
Miami Named Hottest Rental Market In The Nation, ‘Fierce’ Competition For Apartments Read More »
First established in 1873, Coconut Grove has danced through many incarnations as Miami’s oldest community. But history is no match for bulldozers. The houses of the old Grove are vanishing at an accelerated pace. CLICK ON THE HEADLINE FOR MORE
History Bulldozed As Charming Coconut Grove Homes Replaced By Giant Concrete Cubes Read More »
According to a new report, the Miami Metro area as a whole isn’t building enough new housing to match the national average. Instead of expanding with new suburbs as in other metro areas, developers in Miami have been building vertically – but it still isn’t enough. CLICK ON THE HEADLINE FOR MORE
Miami Not Building Enough Housing To Match The National Average Read More »
Whether investors or owner-occupiers are more sensitive to rising rates is something being watched closely. The expectation is sellers aren\’t going to be able to sell their homes as quickly as they have, especially as they did last year, which will result in price cuts. Investors may, therefore, be holding off to take advantage of better deals down the line. CLICK ON THE HEADLINE FOR MORE
In the latest in a series of high-density developments being built along the Metrorail, Grove Central will include 400 apartments that includes some workforce housing and 172,000 square feet of retail that includes a signed lease from Target. CLICK ON THE HEADLINE FOR MORE
The developer is expecting to start construction on Merrick Parc in the first quarter of 2023. The project already received an initial $24 million tranche with $13 million in equity financing from Colliers. CLICK ON THE HEADLINE FOR MORE
MG Developer To Bring $204M Project To Miami Read More »
Housing prices in South Florida continued to climb last month, reaching levels not seen in almost 15 years. But rising interest rates, which hit 5.37% last week, so far don’t seem to have cooled the market. CLICK ON THE HEADLINE FOR MORE
With Miami\’s fintech expansion and stature as the No. 1 U.S. destination for global homebuyers, demand is driving the real estate market and the lack of housing supply continues to fuel property appreciation and record sales, CLICK ON THE HEADLINE FOR MORE
