preconstruction market in miami: Stormy weather for developers - 07/20/18 08:27 AM
Miami condo’s supply are growing in numbers. In the year 2017 alone, 14 condo projects were delivered which includes high-profile projects such as Four Seasons Residences at The Surf Club, Louver House, Echo Brickell, Biscayne Beach, Brickell Heights and many more. Some of these projects were sold 100% before the completion date and some sold poorly.
For example, Biltmore Parc sold only 34% of their inventory while Four Season Residences at The Surf Club sold 49%. These developers are still looking for buyers past the project delivery and now, they are competing with their own buyers. In one instance, a buyer who … (1 comments)

preconstruction market in miami: Is this still a good moment for developers to build in Miami? - 12/05/16 02:44 PM
South Florida real estate market saw a slowdown in the past months. Five of the biggest condo developers met to discuss about the slowdown of the real estate market in Miami. The topic was about the uncertainty of developing new preconstruction projects today. Could the preconstruction market be at risk during this slowdown?  Should developers continue on building?
In the last 10 years the Miami skyline changed a lot especially in Brickell and Downtown. But after a few years of real estate boom, we are now in a stable situation. The majority of industry experts start to be worried. It’s not just … (2 comments)