CondoWatch Miami: Strong Week of Sales

The Miami Dade condo market had a strong performance last week. There were 173 closings for a sales volume total of $79,711,196. The average price for a condo rose to $460,758.36, or $295.04 per square foot. Miami Beach was the top city with a total sales volume of $23.888 million across ... Read More...

Demand for Rental Properties Rising Dramatically

Inventory shortages are severely impacting the housing market, and will have the greatest effect upon renters. A recent multi-family report estimates that by 2030, 4 million new apartments will be needed to keep up with the demand. The National Apartment Association (NAA) along with the National Multifamily Housing council (NMHC) ... Read More...

Nation’s Housing Market Struggles for Affordability

The Joint Center for Housing Studies at Harvard University has reported that housing has largely recovered from the crash. In an article written in RISMedia.com (State of the Nation’s Housing: Affordability Puts Pressure on Progress), Suzanne DeVita  points out that the study shows a “definitive recovery in home prices, growth ... Read More...

National Luxury Condo Sales Update

How is the condo sales market doing so far this year? It appears to be a mixed bag for luxury condos across the country. In an article in Marketwatch.com, Sepehr Niakan takes a look at the top five markets in the US (Prices for Luxury Condos Under Pressure in Top ... Read More...

For Your Money’s Sake, Rent Don’t Buy

Rising home prices and the possibility of an increase in mortgage rates could put a damper on home ownership. According to an article by Diana Olick for CNBN, Don’t Put Your Money in a House, Says a New Report, renting just might be a better option. Most people believed conventional wisdom ... Read More...

CondoWatch Miami: Settling Into Summer

The Miami Dade condo market settled into a steady pace through the first full week in June. Last week there were 164 closings for a sales volume total of $61,339,390. The average price for a condo was $374,020.67, or $271.39 per square foot. Miami was the top city with 67 sales ... Read More...

Condo Buyer’s Guide

  We put together this valuable Condo Buyer’s Guide as a cheat sheet just for you. We know the hidden costs in any transaction when buying real estate, so protect yourself by educating yourself! Factor in closing costs and taxes into any offer you make! This Condo Buyer’s Guide includes: Purchasing Timeline From Searching to Living Condo Buyer's ... Read More...

Why Hasn’t it Sold Yet?

You decided to put your home or condo on the market and fully expected it to sell within a short period of time. After all, the neighborhood is ideal, and you have invested a considerable amount of money in upgrades and improvements over the years. However, it’s been several months ... Read More...