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Recently, there has been a huge influx of newcomers from around the country moving to South Florida. Florida offers lower taxes, warmer weather, and an overall relaxed way of life. In addition, there are many amazing neighborhoods in South Florida with lots of options...

Since the pandemic started, out of state buyers have shown a lot of interest in buying real estate in Miami. This is no surprise, as Miami has a lot to offer. Right now, there is a lot of competition when it comes to buying real estate in Miami. However, an educated...

Last week, both condo sales and dollar volume rose in Miami-Dade County. In total, 305 condos were sold for $235.2 million. This was up from the 243 condos that were sold for $154.9 the week before. The average price of the units sold was $771,000. This was up from...

Right now, the South Florida real estate market is extremely hot. Locals are actively looking for bigger homes, and there has been an influx of out of state buyers as well. Therefore, the market for new luxury developments in Miami has also been heating up. There are...

Despite the pandemic, vacation rental properties are on the rise. Covid-19 has devastated many industries around the world, including tourism. However, in Florida, where most attractions are open, domestic tourism is getting back to speed. In addition, due to the...

For years, the MacArthur Causeway entrance to Miami beach has been a messy building site. However, it is finally transforming. Allegedly, the area will be include a new park, a pedestrian bridge, a residential tower, and a retail pavilion. This will all be within the...

Right now, many people are choosing condos. This is because there is very high demand for single-family homes, and condos provide a lot of options. In fact, Miami is full of amazing new condo developments worth looking at. If you are planning on moving to a condo,...

For the majority of 2020, mortgage rates were historically low. However, right now as the pandemic gets better, this is changing. During 2021, mortgage rates have been rising. In fact, this is something that is likely to continue throughout the year. However, this...

Recently, the Coral Gables dining scene has taken a turn. With the pandemic, many Coral Gables restaurants closed. However, new ones are opening, and they are worth trying. Currently, people are looking for outdoor dining experiences, and these new Coral Gables...

Right now, home prices are soaring, and there is very low inventory in many places nationwide. In fact, during February, the pace of homes under contract fell 10.6%. This was the sixth straight monthly decline. In addition, February's pending home sales were down 0.5%...

The popularity of South Florida condos is continuously growing. With the availability of Covid vaccines, and the limited inventory of homes for sale, people are turning to condos to satisfy their real estate needs. In fact, right now buyers appear to be more...

Edgewater is an amazing Miami neighborhood close to downtown. Right now, the neighborhood is already dense with great real estate projects. However, new high-rises are on the way. In fact, at least two new projects are on the works. The Edgewater real estate scene is...

Right now, buyers are facing some challenges when it comes to the home-buying process. In a lot of places nationally, inventory is tight, and there is a lot of competition. Therefore, for the past two weeks, there has been some pressure when it comes to mortgage...

Wynwood is already one of Miami's most sought after neighborhoods. However, right now a new Wynwood development is set to become an even bigger Miami sensation. "The Oasis" will combine restaurants, bars, art, live music, and shopping. This incredible new development...

If you have been looking for a downtown rental near Flagler Street, you'll be happy to hear that in about 18 months, you'll have many more options. According to the Miami Herald, The Melo Group has launched construction on two of three towers. One of the towers will...

Over the last year, the Florida real estate market has been booming. Although home and condo sale prices have increased for the last 112 months, low mortgage rates and relaxed Covid-19 regulations have helped the market thrive. As of February, the median sales price...

A Wynwood mixed-use project won a positive review from the City's Urban Development Review Board. The project will bring apartments, office space, and more in two new buildings in Wynwood. The board unanimously recommended the approval of the project. The project,...

Right now, millennial homebuyers are braving the real estate market. Because this generation has reached a point of financial maturity, they have truly begun to chase the American dream. In fact, many have been in the market experiencing bidding wars and all the...

For quite some time, Florida's real estate market has been booming. In fact, during the pandemic many people have decided to take advantage of everything Florida has to offer. Many people from the Northeast, especially, have seized the opportunities. Initially, frigid...

Edgewater Miami has seen tremendous growth in recent years. With its incredible views of Biscayne Bay, it is no surprise that so many people want to call this neighborhood home. Recently, Edgewater has gone trough rapid urbanization. Not only that, but it also has a...

Grand Station Apartments in Downtown Miami is launching leasing on the tower. The tower is 30 stories and has 300 units. In addition, retired Yankee, Alex Rodriguez is an investor. In fact, Alex Rodriguez's Monument Real Estate Services is the property manager. The...

Right now, life is slowly going back to normal. Although vaccines are being distributed all around the country, going back to normal will still be a slow process. The real estate market was one of the few areas that actually improved during the pandemic. In fact, now...

Right now, the Central Florida real estate market is seeing massive demand. However, there are not enough homes to meet it. Therefore, this has had a ripple effect on both potential buyers and renters. Right now, buyers are seeing a lot of competition when trying to...

Over the past few months, many companies and individuals have opted to move to Florida. People from California and the Northeast, especially, have flocked to South Florida a lot over the past year. This is no surprise, as South Florida has a lot to offer. Moving to...

It is no secret that the real estate market in Miami has been hot for quite some time now. Sales price records continue, and A-list buyers continue to move to the Magic City. Many businesses and elites are also moving to Miami. In fact, according to a report by the...

Miami house prices are finally stabilizing after months of increases. In Miami-Dade, the median sales price for a single family home dipped to $450,000 in February. This is a 4% dip from its record high in January of $470,000 despite shrinking supply. In fact, this is...

A Surfside historic villa will become an exclusive luxury project by 2023. This $200 million development will bring to life the historic building by Fort Partners. "Seaway Villas" is located at 9149 Collins Ave. In fact, it was built in 1936, and deemed historically...

The developers of Waldorf Astoria Miami are finally launching sales. This project will be the tallest residential tower south of Manhattan with 100 stories. It will be located at 300 Biscayne Boulevard, and will be 1,049 feet tall. In addition, Property Markets Group,...

Famous for its colorful murals, and great cultural spot, Wynwood is the Miami gift that keeps on giving. Now more than ever, the Wynwood scene is hot. This time, for being a top dining destination in Miami. In fact, over the last couple of months, a bunch of new...

Buying a home can be a very overwhelming process. Working with a trusted real estate agent is the number one tip for a seamless journey. However, what many first-time homebuyers don't know is that they can benefit from some key advantages that can help the process go...

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...