Tag: Miami Real Estate Facts

  • Sales of Miami’s Single-family Home and Condo Market Doubles

    Sales of Miami’s Single-family Home and Condo Market Doubles

    Miami’s single-family housing and condo markets have doubled in sales in the first quarter of 2016 compared to the first quarter sales of 2015. The growth of sales in Miami puts the percentage in the double digits. According to a report released by the Miami Association of Realtors, the sale of single-family homes, in the price […]

  • Miami-Dade Real Estate Prices Rise in February

    Miami-Dade Real Estate Prices Rise in February

    If you’re looking to sell your home, it’s still a great time to have your house on the market in Miami-Dade. Median sales prices for homes are on the rise. Furthermore, while the inventory of homes may up, they are selling closer to their asking price. Single-family homes have decreased .8 percent in the median […]

  • Foreign real estate buyers accounted $6.1 billion of total sales volume in South Florida in 2015

    Foreign real estate buyers accounted $6.1 billion of total sales volume in South Florida in 2015

    It’s no surprise to hear that people from all over the world are drawn to South Florida’s sunny climate and vibrant culture. A recent survey by leaders in the real estate industry provides new statistics focused on foreign investors in the area’s real estate market. The survey, conducted by the MIAMI Association of REALTORS® and […]

  • Will 2016 be the best year yet for South Florida real estate?

    Will 2016 be the best year yet for South Florida real estate?

    Industry experts are confident that 2016 will be an excellent year for South Florida real estate. Law firm Berger Singerman polled 100 top players in the real estate industry, including developers, realtors, investors, lenders and contractors, to determine their expectations for the new year. Many are certain that this year will be another good one, […]

  • Top 25 Most Expensive Homes Sold in Coral Gables in 2015

    Top 25 Most Expensive Homes Sold in Coral Gables in 2015

    Coral Gables is one of the most lauded neighborhoods in Miami. The City Beautiful embodies the real estate mantra of location, location, location. Parks, designer boutiques, and renowned restaurants are within a short traveling distance. Families and singles alike have numerous dining, entertainment, and recreational options available year round. Most of residential neighborhoods offer at […]

  • Miami Ranks Nationally as a Top Ten Market for Investors

    Miami Ranks Nationally as a Top Ten Market for Investors

    The question most people have when it comes to real estate is whether it is a buyer’s or seller’s market. The answer may surprise you, at least in Miami; it is an investor’s market! A boon for investors is a market punctuated by appreciation and cash flow. BiggerPockets, the online destination for real estate investors, […]

  • Miami Ranks as the Second Fastest Growing Economy in the Nation

    Miami Ranks as the Second Fastest Growing Economy in the Nation

    When it comes to lifestyle, business and real estate, Miami is the place to be. Recently, Wallet Hub ranked Miami as the second fastest-growing large-sized economy, right after Austin, Texas. Incidentally, Miami is also the 17th overall city in terms of total growth. Real estate sales are keeping up with the growing population Miami’s growing […]

  • $50 Million Dollars Can Go Far in Miami’s Revived Condo Market

    $50 Million Dollars Can Go Far in Miami’s Revived Condo Market

    Miami has historically experienced highs and lows in the real estate market; it’s a normal cycle. Even when Time magazine’s cover declared Miami “Pardise Lost” in 1981, the Magic City’s real estate market bounced back stronger than ever. In 2008 when the demand for Miami luxury properties plummeted, given the city’s history, it could only mean that […]

  • Good News for Investors, Miami’s Average Rent Increased During the Summer

    Good News for Investors, Miami’s Average Rent Increased During the Summer

    A number of Miamians have both a residential home and investment properties. Rental properties can be great, as they can offer strategic tax deductions and appreciation over the long run is quite possible. During the Great Recession starting in 2008, rental prices plummeted to the dismay of investors, but after a long stretch of darkness, […]

  • Priciest Homes Sold in Pinecrest in June 2015

    Priciest Homes Sold in Pinecrest in June 2015

    Summer hasn’t slowed down the Pinecrest luxury home sales market. The most expensive single-family homes sold in Pinecrest in June 2015 were: Sold! $3,100,000 Closed on June 22, 2105 10900 SW 69th Avenue, Pinecrest, FL 33156 Property Details: 5 Bedrooms, 5.5 Baths 6,676 Square Feet Sold! $2,875,000 Closed on June 25, 2015 10845 SW 62nd […]