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Orlando Homes Hit Record High Prices
Right now, Orlando homes are being sold at prices that are higher than ever. In May, Central Florida home prices continued to rise despite a small slowdown in sales. In fact, 3,872 existing homes sold last month, which was a 5% drop from April. However, it was still...
How To Own A House And Avoid Buyer’s Remorse
Homeownership can be life changing. More often than not, embarking on the journey to own a house changes people's lives for the better. Purchasing real estate is not only a good investment, but it also has a huge happiness factor. In addition, owning gives buyers...
Mortgage Applications Increase During June
In the latest Weekly Mortgage Applications Survey by the Mortgage Bankers Association showed an increase in mortgage applications. As of the week of June 11th, mortgage applications increased by 4.2% compared to the previous week. In addition, the Refinance Index...
Edgewater Miami Is Getting a New Two-Tower Project
Right now, there is a total condo craze in South Florida, and Melo Group is joining it. The group is building a two-tower project in Edgewater Miami. The project will be located on a 5-acre site that has been assembling for more than a decade. Aria Reserve Miami will...
Brickell Real Estate: What Is Happening Right Now
Right now, the Brickell real estate market is experiencing a slim supply of condo inventory available. This means that right now, sellers have the advantage. As of now, condo prices in the area are about 22% higher than the country's median sales price. The median...
Developers Of Five Park Condo Tower Start Sales
The developers of the new Five Park condo tower in South Beach recently started sales. This is a huge milestone for the project. Developers Russell Galbut and David Martin are joining a group of condo developers who have started sales this year. Right now, demand for...
Things To Consider If You Are Moving To South Florida
Right now, Florida is extremely popular. During the pandemic, many people decided to move to Florida because working remotely allowed them to. Although people from out of state flocked to many different parts of the Sunshine State, there was a huge influx of people...
First Time Homebuyers: All The Steps You Should Take
Buying a home might seem like an overwhelming process, especially for first time homebuyers. Whether you just started thinking about buying a home, or you've been researching for a while, knowing what steps to take is crucial. Understanding all the facts will help you...
New Mortgage Refinance Program Opens
Fannie Mae just opened a new mortgage refinance program. This program targets low and moderate income borrowers. Right now, mortgage rates are still low due to the pandemic. Therefore, it is a great time for homeowners to seek refinancing. However, many lenders have...
Brickell Is Getting A New Retail Project
Brickell is getting a new boutique retail. Recently, six families acquired 1101 S. Miami Avenue. CMC Group sold its one-story Brickell Flatiron sales center for $6.5 million to Argentine investors. This was after that project closed out sales last month. Companies...
New Eco-Adventure Park and Hotel Coming To Miami
Miami's Jungle Island is getting a makeover. The renowned attraction is spending $300 million to remodel and rebrand. The new development will turn Jungle Island into an eco-adventure park and hotel. In fact, it will feature zip lines, water attractions, animal...
Five Park: Newest Residential Tower in Miami Beach
Developers David Martin and Russell Galbut recently broke ground on a new residential tower in Miami Beach. Five Park, a development located in 500 Alton Road obtained financing at the beginning of the year. Currently, construction is underway for the three-acre city...
5 Waterfront Restaurants in South Florida You Must Try This Summer
South Florida is full of excellent dining destinations. From world renowned options, to local gems, the area is full of notable restaurants. In addition, the weather is fantastic, which means that locals and tourists can enjoy a wonderful outdoor dining experience....
Wonder Woman Actress Buys $15M Surfside Condo
Recently, Wonder Woman actress Lynda Carter bought a $15 million condo in Surfside. The Surfside condo is located at the oceanfront Four Seasons Residences at The Surf Club. In addition, it features four bedrooms, five bathrooms, and one half bath. The 3,844 square...
The Largest Cryptocurrency Real Estate Deal Happened in Miami Beach
Recently, Miami Beach's most expensive penthouse was sold for $22.5 million. The Surfside penthouse measures 5,067 square feet. It features four bedrooms and occupies the entire floor in the boutique condo building. In addition to breaking the record for price per...
Looking For A Hotel In Wynwood? A New One Is On The Pipeline
Wynwood is becoming one of South Florida's most sought-after destinations. With its combination of art, culture, restaurants, bars, offices, and apartments, the neighborhood has it all. Although it is a huge tourist destination, there is still a need for a hotel....
Property Values In South Florida: The Latest Numbers
Property values in South Florida continue to rise despite the Covid pandemic. In fact, the preliminary estimates of taxable property values shows increases in many markets in South Florida. In Miami-Dade county, values grew by 3.6% at the end of 2021. Without counting...
Will The Housing Market In South Florida Slow Down?
Lately, the housing market in South Florida has been in a total boom. During the pandemic, low interest rates, continued migration, limited inventory, and high demand has caused a perfect storm in the market. Because of this, prices have gone up. Will this tend...
4 New Restaurants In Miami You Must Try
South Florida is full of amazing restaurant options. In fact, more and more restauranteurs have opened locations in the area since the pandemic started. Right now, Miami is a hot dining destination. Many top rated restaurants have opened, and there are more on the...
Dwayne Wade Sold His Miami Beach Waterfront Mansion
Basketball star Dwayne Wade recently sold his Miami Beach waterfront mansion for $22 million. Along with his wife Gabrielle Union, Wade acquired the Miami home for $11 million back in 2010. The beautiful waterfront home was originally built in 1940 and expanded in...
Smart Homes: What are the benefits?
We live in a world where there is technology to facilitate pretty much every aspect in our lives. With smart technology, we are able to be a lot more efficient. This is why little by little, more "smart" devices have come out. In this article, we will discuss 5...
There Will Be A New Co-Living Project In Miami Beach
A new co-living project in Miami Beach is moving forward. It will be located in Washington Avenue near the Post Office. In addition, it will be 6 stories and feature 60 residential units. Although some of the units will be for sale, there will be co-living units for...
This Is Why So Many People Are Moving To Florida
Recently, there has been a huge influx of people who are moving to Florida. Although its fantastic weather is a big factor, it is not the only reason why the Sunshine State is so popular. Right now, there are many tech companies that are opening offices in the state....
World’s Largest Crypto Conference Is Happening In Miami
Miami is going to be the host of the world's largest crypto conference. Recently, the Magic City has gotten the reputation of being a tech hub. Therefore, it is no surprise that the biggest cryptocurrency conference the world has ever seen will be held there....
New Coconut Grove Apartments Coming Next Year
New Coconut Grove apartments are on the way. For a while, this historic neighborhood has experienced some gentrification changes. These new apartments will be a more affordable option for people looking to move to the West Grove. Located across from the Douglass Road...
South Florida Restaurant Gets Robot As Waiter
Is the future finally here? It looks like it at Sergio's in West Kendall. This South Florida restaurant has placed a robot to take orders and bring food to its customers. "ASTRO" is short for "Automated Service Tray Removal Organizer," and it is her to revolutionize...
A Miami Beach Mansion Is Being Rented By Jennifer Lopez and Ben Affleck
Jennifer Lopez and Ben Affleck are renting a Miami Beach mansion that's asking for $130,000 a month. The dream-like property is located at 2700 North Bay Road. The mansion's owner is jewelry designer Paul Morelli. The designer bought the Miami Beach mansion in April...
Coral Gables: 5 Fascinating Facts About This Florida Gem
Coral Gables is one of the most beautiful cities in South Florida. It is located adjacent to Miami, which gives it a prime location for residents and visitors. The city has a population of about 49,000. Furthermore, it is a place that is full of amazing real estate...
30 Buildings in Miami Beach Will Likely Be Renovated By New Owner
Sentinel Real Estate recently purchased 30 buildings in South Beach and Bay Harbor. In total, the firm bought 29 apartment buildings and one office building for a total of $97 million. The new owner of the 30 buildings in Miami Beach is planning to renovate the units....
Orlando Home Prices Rise As Inventory Falls To Record Low
The inventory of homes for sale in metro Orlando hit a new record low last month. As a result, Orlando home prices jumped by another $10,000. The inventory has been declining for a while. However, it fell by another 7.8% in April to just 2,655 homes. This is the...
Weston Florida: 5 Things You Probably Didn’t Know
Weston Florida is a great community located in Broward County, Florida. It is a cultural gem full of art festivals, concerts, and other cultural events. In addition, it is well known for having amazingly beautiful landscapes and neighborhoods. Furthermore, Weston also...
Doral Florida Is Going Through A Great Transformation
Doral Florida is truly a hidden gem in South Florida. It has become a wonderful community where people can work, live, and play without having to leave the area. Although it previously had a reputation of being "a warehouse hub," the city is beginning to shed that...
Home Prices In The U.S Rise For 10th Consecutive Month
Home prices in the U.S peaked in July 2006 during the housing bubble. This was before plunging to new lows in a crash that remained till 2012. However, right now they are once again reaching new peaks. In March of this year, home prices in the U.S soared to a 13.2...
Tech and Financial Wave In Miami Is A Movement, According To Mayor Suarez
Pandemic restrictions and high taxes caused many tech and finance entrepreneurs to move to Florida. For the past year, there has been a huge tech and financial wave in Miami. Last December, Miami Mayor Francis Suarez implied his support in a tweet that went viral....
The Miami Real Estate Market Is Booming For Sellers
Right now, the Miami real estate market is a total dream for sellers. Prices are steadily increasing, and a lot of times houses are selling for above asking. In Miami-Dade county, single-family prices rose by 21.6% compared to this time last year. As for condos,...
Downtown Miami Tower Sold Out Thanks To LATAM Buyers
Latin American buyers are officially back in full force in Miami. In fact, a new Downtown Miami Tower sold out because of them. During the pandemic, many Latin American buyers invested in real estate in the area. Right now, more of them are returning. This means a lot...
Miami Single-Family Home Median Sales Price Increased in April
The demand for single-family homes in Miami is very hot right now. In fact, it has been since the beginning of the pandemic. During the pandemic, people were looking for homes that can accomodate a lifestyle that was heavily lived indoors. Even a year later, a lot of...
Marc Anthony’s Coral Gables Home Sells For $22M
Recently, Latin music artist Marc Anthony sold his Coral Gables Home. The Grammy-Winning artist sold his Bacardi-developed estate for $22.4 million. The beautiful Coral Gables home features 12 bedrooms. With a total of 21,000 square feet, this mansion truly brings...
The New Brightline Miami To Orlando Train Is Almost Here
Good news for Florida residents and visitors. The new Brightline Miami to Orlando train is almost here. Brightline is a modern, eco-friendly, and high-speed train. The rail connecting Miami to Orlando has officially passed the halfway mark for construction. In total,...
4 Things You Didn’t Know About Privé Island In Aventura
Privé Island in Aventura is truly the definition of luxury: "the state of great comfort and extravagant living." Not only is it South Florida's last private island, but the entire experience embodies the idea of luxury living. Privé officially opened its doors to...
California Residents Continue To Move To Florida
During the past year, the Sunshine State has seen a huge influx of new residents from out of state. However, right now the migration from California to Florida is increasing. In fact, many believe that this year there will be even more people from the Golden State who...
New Fort Lauderdale Project Wins Approval
Recently, Kushner Companies got the approval to start working on a four-tower, mixed-use project in Fort Lauderdale. The project will include 1,300 apartments, office and retail, and maybe a hotel. In fact, construction is likely to start in the first quarter of 2022,...
A New Brickell Boutique Hotel Is On The Works
A new Brickell boutique hotel is on the works. In fact, a 1960s Brickell Avenue landmark is getting a makeover. The Colonnade Plaza, which was designed by World Trade Center architect Minoru Yamasaki will be transformed into a beautiful boutique hotel. The new...
Arte Becomes First Miami Development To Accept Cryptocurrency
Arte Surfside is one of Miami's most exclusive and luxurious boutique condominiums. Recently, it announced that they will accept cryptocurrency as a payment method for their remaining units. In fact, this was part of the developer's optimism for the city's future as...
Gloria and Emilio Estefan’s Property In Ocean Drive Is Listed For $45M
It is official. Gloria and Emilio Estefan's property in Ocean Drive just hit the market. The Estefans recently listed their mixed-used commercial building that they have owned since 1992 for $45 million. The three story property is located at 820 Ocean Drive. Gloria...
Palazzo Della Luna Unit Sells For $23M, Leading Weekly Sales
Last week, Miami-Dade's weekly luxury condo sales and dollar volume rose. In fact, a total of 246 condos sold last week. The total for all the sales was $207.2 million. This was up from the week before, when 237 condos sold for a total of $174.7 million. Units sold...
Luxury Real Estate In Miami Is Booming: Here’s What You Need To Know
As of right now, Miami has experienced 112 consecutive months of price appreciation. In fact, right now, luxury real estate in Miami is hotter than ever. That, in addition to blue-collar condos, single-family homes, and everything in between. The real estate market in...
Demand For Short Term Vacation Rentals Is Booming
With Summer right around the corner, the demand for short term vacation rentals is booming. Nationwide, the demand for these rentals spiked compared to last year and even the year before that. In fact, it is 5.4% greater than the same period in 2019, and 66.4% than...
Miami Beach Will Open Its First Underwater Sculpture Park
Get excited! An incredible new attraction will open up in Miami Beach this year. Architecture firm OMA is designing a 7 mile long underwater sculpture park. The project will include installations by many well-known artists. In addition, it will be much more than just...
This Sunny Isles Beach Hotel Made It Into Tripadvisor’s Best of the Best List
Sunny Isles Beach is one of Miami's most beautiful and vibrant neighborhoods. Not only does it have a breathtakingly beautiful beach, but its location makes it a convenient and fun spot for both residents and visitors. In fact, one of its hotels made it into a...