The average sales price in Miami has seen a 7% increase this year but one luxury condo in downtown Miami has increased sales prices by almost 63%. Epic, a 54-story luxury condo along the north bank of the Miami River, is outperforming new condo sales trends for downtown Miami. According to Condo
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04/29/2011
Did Miami lose its groove? Well, the NY Daily News and Departures Magazine think we've got it back! The recession and the real estate market collapse may have put a damper on our spirits but the city has been showing new signs of life lately. Major projects that were started during the boom are
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04/27/2011
More good news for South Florida real estate is coming from March numbers. Data released by Florida Realtors says that sales of existing-family homes were up by 46% and condo sales were up by 28%. The good news for buyers is that while sales are increasing, most prices are decreasing. “A variet
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04/26/2011
The March real estate sales numbers are proof that Miami's real estate market is improving. Sales of existing condos jumped to 85% in the Miami metropolitan area in March 2011 compared to the previous year and jumped to 80% compared to the previous month. According to the Miami Association of R
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04/22/2011
Miami-Dade had their highest sale in nearly a year last week. Penthouse A in South Beach's Apogee condo tower sold for $11.5 million to an undisclosed European company. Apogee South Beach is home to 67 luxury residences on 22 floors located in SoFi, the South Fifth district of South Beach. Ther
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04/20/2011
Bid on the City is a real estate listing and bidding platform to sell, buy and rent residential properties. The website, which offers live audio and video bidding in real time online, has announced that they will bring their platform for renting and selling over $17 million in luxury properties
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04/18/2011
Many US cities, including Miami, have seen an increase in interest from foreign homebuyers recently. This uptick could be the result of turmoil in the Middle East, which has sent real estate investors looking elsewhere for properties. The weak US dollar is also a contributing factor. "The lates
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04/15/2011
Newer homes with high-end features and amenities are a hot item in Miami Beach. These homes, built during the boom and predominately located on North Bay Road, are quite an upgrade from the older surrounding properties. With very few of these homes left in the area, buyers are starting to look
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04/14/2011
After the federal tax stimulus expired toward the end of 2010 the real estate market in Miami Beach cooled off but you wouldn't know that now. The first quarter of 2011 could very well be the strongest period of time for Miami Beach real estate since the housing bubble popped. While the volume o
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04/13/2011
Where did all the condos go? Unlike greater downtown Miami, which has a plethora of unsold condo units, downtown Fort Lauderdale has virtually no remaining new condos available for purchase. Of 5,100 units created in downtown Fort Lauderdale since 2003, only 160 new units remained unsold at the
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04/08/2011
