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Miami is an amazing place to live. From culture, to beaches, to entertainment, the Magic City has it all. Not only that, but Miami is full of amazing neighborhoods. Brickell is one of them. If you are not familiar with Miami, Brickell is an urban neighborhood and...

Kayak is an online search engine for hotels, flights, and rental cars. However, it recently announced that it is finally diving into real estate. The search engine plans to open its first Miami Beach hotel this spring. The boutique hotel is a product of the company's...

PulteGroup, a national homebuilder, bought 98 lots at Avenir in Palm Beach Gardens. The group paid $13.7 million for the lots, and plans to build single-family home community. In total, Pulte paid nearly $140,000 per lot. The planned development will be named...

An incredible, immersive Vincent van Gogh Experience is coming to Miami. This one of a kind exhibition will turn the walls and floors into a van Gogh dream. In the past, this exhibit has popped up in Chicago and St. Petersburg, and is now coming to Miami and other big...

Hersha Hospitality Trust sold a Marriott-branded Coconut Grove hotel for $31 million to AB Asset Management. The hotel is a three-building, 140 unit Residence Inn by Marriott. In total, the hotel sold for about $221,000 per unit. For now, AB Asset Management is...

Miami is full of worthwhile neighborhoods. In fact, the Magic City has a neighborhood for whatever you might be looking for. From family-oriented spots like Aventura, to business hubs like Brickell, to hipster areas like Wynwood, Miami has it all. Wynwood Miami is...

The Miami Design District is an 18-block neighborhood famous for its high-style fashion, art, modern architecture and more. The neighborhood is located just north of Wynwood, and has gained a lot popularity in recent years. Locals and tourists can enjoy a variety of...

During 2020, U.S. homeowners gained a record o $1.5 trillion in equity despite the coronavirus pandemic. According to the latest Home Equity Report (fourth quarter of 2020) by CoreLogic, homeowners with a mortgage saw their equity increase by 16.2%. In total, the...

Multigenerational homes are extremely popular amongst homebuyers. In fact, from April to June, 15% of homebuyers bought this type of homes. That was the highest multigenerational-home buying rate since 2012. In 2012, 14% of buyers opted for multigenerational homes....

This week, the interest rate for a 30-year fixed mortgage rate averaged 3.05%. A year ago, the average rate was 3.36%. However, before last week, the average mortgage rates remained bellow 3% since July 2020. Right now, rates increased because the economy is...

A new North Miami Beach real estate project is moving forward. The North Miami Beach Planning and Zoning Board recently approved the 19-story, mixed-use, multifamily high rise. The project will be located at Northeast 163rd Street and 19th Avenue. At 224 feet, the...

During Spring, it is not unusual for the housing market to see an uptick. This year is no exception. Right now, the demand for mortgage applications is accelerating. In fact, the Mortgage Bankers Association reported that mortgage applications increased 7%, seasonally...

Right now, there is an influx of people moving to Miami. Therefore, competition for real estate is very high. With high demand and limited supply, buyers need to move fast in order to get the house or condo they want. Although the real estate market is full of...

South Florida is getting an influx of new real estate buyers. So much so, it has become a seller's market, and many are getting top dollar selling their homes. People from high-tax areas are opting to move to South Florida. From lower taxes, to job opportunities, to...

Right now, there is very high demand for luxury condos in Miami. During December and January, there was a surge in pre-sale at ultra-luxurious projects under development. This is another indication of the new wave of tech and business executives moving to Miami. Most...

As more and more tech and finance executives move to Miami, the competition for real estate is getting hotter. While many new South Florida migrants are buying, a lot o them have opted to rent first. This adds up to competition, especially for single-family homes....

As of March 5, 2021, the Douglas Elliman Development Marketing sales team has sold 30 residences in the last 75 days at The Ritz-Carlton Residences in Miami Beach. This totals to over $130 million in sales. Right now, there is huge demand for luxury condos in South...

Now more than ever, Miami is welcoming many new residents moving from other states. Miami is a desirable place to live for many reasons. First, it is a tax-friendly state, which appeals to people living in higher-tax states such as New York. Second, the quality of...

Miami's business scene is booming. 2020 was a very important year for many reasons. Unexpected market shifts made luxury real estate more desirable than ever. There is very high demand for luxury single-family homes and condos. In addition, Miami's business landscape...

Despite the pandemic, the demand for luxury South Florida homes was very high during 2020. High-end single-family home sales surged. Luxury properties are those priced at $1 million and up. During 2020, these types of properties jumped by double digits in Miami-Dade,...

New York and South Florida are in completely different paths when it comes to the Covid-19 pandemic. Many New York based businesses have seen tremendous opportunities in the South Florida real estate market. In fact, many New York developers in the hospitality...

New York City Institution, Pastis, is coming to Miami. The award winning restauranteurs are planning on opening a location in Wynwood. In fact, the Wynwood restaurant will take place at an 8,000-square-foot space at 380 Northwest 26th Street. This will be the first...

Due to the pandemic, more and more people want to get the most out of outdoor living. Therefore, many have opted to maximize their outdoor space. In fact, the National Kitchen & Bath Association reported a 65% uptick in membership interest for outdoor living...

In real estate, technology has become a very important tool that facilitates day to day operations. In fact, it has also helped to expand investment opportunities. As technology keeps evolving, a new app meant to help with investing will debut in June. "Vaycaychella,"...

Miami is a very popular spot right now. Recently, Miami has been seeing a big influx of new residents coming from different states. Florida is one of the few states that does not tax residents’ incomes. Therefore, many people from high-tax cities like New York,...

According to a recent report by the Miami Association of Realtors, Miami-Dade home sales continued to increase for the fifth consecutive month in January 2021. There is very high demand for homes in the area, and mortgage rates continue to be historically low....

In the last week of February, Miami-Dade condo sales doubled. Not only that, but the dollar volume also rose, according to The Real Deal. A total of 225 condos were sold that week for $140.5 million. This is an increase compared to the prior week, where there were 113...

Natiivo is a development in Downtown Miami that broke ground earlier this year. The project made history for being the first groundbreaking in Miami since the pandemic and of 2021. The development is on schedule to top off in August 2022. Therefore, its completion is...

Recently, Miami has been seeing a big influx of new residents coming from different states. Ever since the senate passed the tax bill, high-tax cities became even more expensive. Florida is one of the few states that does not tax residents' incomes. Therefore, many...

The FHFA extended foreclosure and eviction bans to June 30. Therefore, homeowners with mortgages by Fannie Mae or Freddie Mac can't be evicted. The same applies to renters in buildings acquired by these lending giants. Furthermore, forbearance was also extended,...

After years of development, The Underline finally opened its first section on Friday, February 26. The project is located underneath the metro rail. Eventually, The Underline Miami will become a 10-mile linear park going from the Miami River to Dadeland South Station....

Buying a new-construction home is very exciting. However, it is important to consider that just because the construction is new, it doesn't automatically mean that it is free of flaws. Before closing on a new-construction home, here are some things to consider: 1-...

The Covid-19 pandemic has changed our lives in many ways. Although the lockdowns have forced many Americans to stay in one place, many have opted to relocate. A lot of people are looking for better lifestyles in more affordable cities. Therefore, many people have...

At times when apartment rents are still, the demand for single-family home rentals is surging. Although these types of rentals were already popular, the Covid-19 pandemic increased their demand. As a result, rents show promising growth that is projected to boom in...

In mid-February, Miami-Dade condo sales declined. 113 condos were sold last week for $97.8 million. This is a dip in comparison to 139 condos that were sold the previous week for $134 million. The average price for a unit also declined. On average, condos were sold...

Right now, the real estate market is booming. Therefore, there are many people looking to invest in properties. Terms like "second home", "investment property", "vacation home, " etc, are constantly being used. However, is there really a difference between all of...

Overall, the real estate market in the US is hitting a lot of records. Although the Covid-19 pandemic affected a lot of areas in the economy, real estate was one of the few areas that has benefitted. According to Redfin, U.S. home sale price increased 15% year over...

Because of the pandemic, buying a home sight unseen is more common than ever. Although it might seem like a big gamble, if paired with the right tools, buying a property this way can be a really smooth process. If you are out of the state or country, here are five...

The South Florida real estate market has been hot for quite some time. However, due to harsh weather conditions amongst other things, the market is hotter than ever. Right now, Miami offers a few perks that residents in other states do not currently have. For example,...

For the fifth month in a row, Miami real estate prices have hit a new high. As of January, the new median is $470,000. In Miami-Dade, the median price for a single-family home increased by more than 25% from January 2020 and up more than 3% from December. The prices...

Choosing between renting or buying a home is a big decision. However, there comes a time in a person's life when becoming a homeowner just makes sense. Of course, the decision to rent or buy can have a lot to do with finances. However, there are other factors to...

U.S existing-home sales unexpectedly rose to a three month high in January. Americans are taking advantage of the historically low mortgage rates that have continued to power the industry during the pandemic. According to the National Association of Realtors, contract...

Hundreds of new Orlando rental homes are in constriction. According to the Orlando Business Journal, Orlando will support 13,050 built-for rent homes by 2030. This is because a lot of millennials and retirees are choosing single-family rental communities over...

When buying a home, deciding between a house or condo can be a very big decision. For a lot of first-time homebuyers, single-family homes are above what they can afford. Although condos do come with lower price tags, there are other factors to consider. If you are...

The Covid-19 pandemic has dramatically impacted our lives in many ways. Jobs and schools went remote, and we are spending more time than ever inside of our homes. Even almost a year later, we are still spending a significant amount of time inside our houses. In fact,...

Because of the pandemic, many people have spent the last few months working from home. Therefore, having a functional home office is especially important in today's market. Buyer demand for home office space has increased dramatically during the pandemic. In fact,...

The first Aman-branded Hotel and Residence project in South Florida is officially taking a step forward. The highly anticipated Aman Hotel and Residences got the approval from the Miami Beach Historic Preservation Board. This means that the project can now begin to...

The White House is extending Forbearance and Foreclosure protections through June. Originally, both protections were going to disappear at the end of March. However, mortgages backed by the Department of Housing and Urban Development, Department of Veterans Affairs,...

Today, there are very high-stakes in the real estate market. The pandemic has been a very big factor that has impacted the market in the past few months. With low mortgage rates, and more and more people wanting to move, the housing market is thriving. Although this...