Following a slow week due to the threat from Hurricane Matthew, sales have bounced back for the Miami-Dade condo market. Last week 123 units closed for a total sales volume of $52.689 million. The average condo sale price was $428,368.58, or an average of $313.05 per square foot. Miami was the ... Read More...
Real Estate Professionals
Is the perceived suspension of condo construction in Broward County an indication of a slowdown in condo sales and development? Hollywood Station Investments has presold 60% of the 247 units planned for its H3 condominium in Hollywood. However, the developer stopped construction of the planned tower after 13 of its ... Read More...
West Palm Beach, long the enclave of sprawling single-family homes and high-end condos, will not include luxury rentals at Luma. Developer Charles Scardina has broken ground on this latest community of one, two, and three-bedroom apartments. The development will feature a broad range of resort-style amenities. Luma will begin its ... Read More...
The Miami-Dade condo market had a solid performance last week with 136 units sold for a total volume of $48.260 million. The average condo sale price was $354,856.93, or $269.65 per square foot. Miami was the top city with 65 transactions for a total of $15.946 million, followed by Miami Beach ... Read More...
Here’s a look at some recent news of note in South Florida real estate. Jorge Perez - Miami’s “Condo King” - is stepping aside to make way for his two sons. Perez, who enjoyed a decades-long career as a top real estate developer is preparing the way for Jon Paul and ... Read More...
David Martin’s Terra Group is hoping to tap into the demand for affordable rentals in Coconut Grove with several initiatives – starting with leasing for the Bayshore Grove apartments. This building, formerly Summerhill Apartments, at 2655 South Bayshore Drive is located across the street from Regatta Park and the Grove ... Read More...
Millennials, young families and baby boomers are all buying real estate, but a tight economy, high college debt and changing lifestyles have altered home buying patterns for these diverse demographic groups. In today’s reality, neighborhood services and conveniences may be more important than the actual residences. Marcie Williams, president of Rivergate ... Read More...
As the average price for a condo in Manhattan approaches the $2.4 million mark, what’s the major takeaway for condominium developers? Joshua Silverbush, the Director of Market Insights and Analytics at The Marketing Directors, advises that when listening to the market, it would be important to be thoughtful and realistic ... Read More...
Leading brokers are putting their agents on the right path to working with clients wishing to purchase so-called “smart homes.” The following six facts, based on an article first printed in Realtor Magazine, will prepare agents to speak with buyers and sellers about the latest smart home technology trends. Demand is ... Read More...
The prevalence of mobile technology has transformed the way companies approach marketing. It has forced companies to rethink advertising of their services. For marketing campaigns to be effective, the message must reach the right people, at the right time, in the right way. A great website and social media profile are ... Read More...
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