Luxury Spotlight Chicago: Priciest Condo Sales

DNAinfo provides a brief look at the most expensive Chicago condos sold in the first half of 2017 (The 25 Most Expensive Homes Sold in Chicago in 2017). 11 East Walton Street (#3802)- $4,375,000 – sold June 29, 2017. This 4,000 square foot, three bedroom, three bath unit is located in ... Read More...

Luxury Spotlight Philadelphia: Priciest Condo Sales

Periodically, we will feature some of the priciest condos sold, focusing on a different city each time. This week’s city is from Melissa Romero in “Curbed Philadelphia” (Philly’s Most Expensive Homes Sold in 2017). The Lanesborough penthouse – Sold for $6,231,000 on June 15, 2017; featuring 4,000 square-foot, 3-bedroom, 3.5 bath ... Read More...

CondoWatch Miami: Strong Start for August

The Miami Dade condo market performed strongly this past week. There were 206 closings for a sales volume total of $70,223,543. The average price for a condo was $340,890.99, or $255.09 per square foot. Miami was the top city with 86 reported transactions for a total sales volume of $21.550 million. ... Read More...

CondoWatch Miami: Final Week of July

The Miami Dade condo market had a modest end to the month of July. This past week saw 122 closings for a sales volume total of $44,700,398. The average price for a condo was $366,396.70, or $266.86 per square foot. Miami was the top city with 56 reported closings for a ... Read More...

Foreign Buyers Continue to Seek U.S. Real Estate

Foreign buyers continue to buy more American real estate than in any previous era. Business Insider, in a recent issue of The Real Deal, claims that one market’s loss, is another Market’s gain (Foreign Buyers are Snapping Up More American Real Estate Than Ever). Some countries, such as Canada, the ... Read More...

Is Homeownership Becoming Out of Reach for Millennials?

While it’s true that many millennials are looking forward to becoming homeowners, a recent report has shown that their aspirations could be years from becoming a reality. An article by Suzanne De Vita in rismedia.com (For Millennials, Homeownership Is a Waiting Game), reports that a survey by ApartmentList.com shows that while ... Read More...