CondoWatch Miami: Sales Bounce Back

The Miami Dade condo market rebounded with a strong performance this past week. There were 162 sales for a total volume of $66,657,909. The average price for a condo was $411,468.58, or $317.53 per square foot. Miami was the top city with 54 sales for $18.099 million. Miami Beach followed closely ... Read More...

Understanding the Resale Certificate

You found the perfect condo. Love at first sight! The unit’s layout is ideal. Everything, including the pool and surrounding deck, the fully-equipped fitness center, the lush landscaping, are all on your wish list. BUT, before you sign the sales contract, you need to research all of the facts concerning ... Read More...

CondoWatch Miami: Market Cools in January

The Miami Dade condo market was a bit quiet heading into the last week of January. There 101 sales reported for a total of $30,634,308. The average price for a condo was $303,309.98, which translates to $273.53 per square foot. Miami was the top city with 38 sales for a total ... Read More...

CondoWatch Miami: Sky-High Luxury Sales

The Miami Dade condo market got back on track this past week. There were 114 sales for a total volume of $77,481,488. The average price for a condo was $679,662.18, or $363.84 per square foot. Miami Beach was the top city, recording a total volume of $36.525 million with 20 sales. ... Read More...

The Lighter Side of Condo Living

“Always laugh when you can. It is cheap medicine.” – Lord Byron These words from a 19th-century poet still ring true today. And if you live in a condo, you’re bound to come across some amusing stories. So in the interest of “good health,” we present a handful of stories which ... Read More...

Understanding Rent-to-Own

An alternative to a traditional agreement between buyer and a seller is the rent-to-own contract. In a typical sale the buyer will present an offer. If accepted, the deposit, payment and settlement will result in new ownership of the property. Rent-to-own or Lease-to-own is a different process. In effect, this ... Read More...

Miami Condos Becoming the Hong Kong of the West

Has Miami become the “Hong Kong of the West?” In a recent article in Forbes, Ellen Paris maintains that Chinese investors love Miami (Why Chinese Investors Love Miami, The ‘Hong Kong Of The West’). Caroline Li Griffith, a Chinese real estate investor recently purchased her third luxury condo in Miami. ... Read More...