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New York developer bets on permanent boom in South Florida

New York developer bets on permanent boom in South Florida

Miami's real estate segment continues to show signs of strong solidity, even with the slowdown seen in recent months. Large market players have already realized that the “Magic City” has a life of its own and may be immune to the global scenario of high interest rates...

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The best and worst luxury real estate markets for 2023

The best and worst luxury real estate markets for 2023

Miami remains among the main destinations for investment in luxury roots in 2023, according to recent forecasts published in the Knight Frank report. According to studies, the Miami real estate market will see an expected appreciation of 5% in the luxury segment, in...

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Sellers reluctant to lower prices in Florida

Sellers reluctant to lower prices in Florida

A good part of the owners of real estate for sale in Florida are reluctant to realize the new reality of the real estate market. With significantly higher interest rates compared to last year, demand for real estate in Florida has declined. The loan installment is now...

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Technology, finance and hype drive Wynwood

Technology, finance and hype drive Wynwood

We recently published an article on this blog about the impressive transformation of the Wynwood region in recent years. From a neighborhood occupied by warehouses and abandoned factories, Wynwood has evolved into an art stronghold and, little by little, reaches the...

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Wynwood: From sheds to luxury condos

Wynwood: From sheds to luxury condos

Wynwood takes off and emerges in Miami as a desirable residential neighborhood. Even with high American interest rates, the local Wynwood real estate market is booming with luxury condos priced in excess of $20,000 per square foot. The area, once known as a warehouse...

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October: Median Sales Price keeps rising in South Florida

October: Median Sales Price keeps rising in South Florida

Despite the restrictive interest rate policy by the US Central Bank (FED), the average property price in South Florida remains on an upward trend. The month of October registered double-digit annual growth, confirming that the imbalance between supply and demand will...

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Sales drop in October. But year-to-date still high

Sales drop in October. But year-to-date still high

Home sales in South Florida continue their downward trend in October, according to a report released by the Miami Association of Realtors. However, year-to-date, Miami-Dade County will have the second best year in sales in historical analysis, second only to 2021....

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New townhomes on the way to North Beach

The new project was just approved by Miami Beach's  Design Review Board. The development will be located at 7637 Carlyle Avenue and will have units with about 1,200 square feet and private rooftop terraces. The owners haven’t decided if they will do rentals or put the...

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What is happening with Miami’s Real Estate Market

After two years of a great inventory and home prices going up almost non-stop, Miami buyers are finally seeing the scenario change. Although mortgage rates are above 6% for 30-year loans, experts say that Miami's real estate market will hold strong as the city...

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US interest rates reach highest level in 20 years

US interest rates reach highest level in 20 years

The US prime rate hit its highest level since April 2022. The fixed rate for 30-year loans hit nearly 7% in mid-October 2022, according to data released by Freddie Mac on Thursday. The Fed's decisions to raise interest rates significantly have the main objective of...

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Aventura Rail Station Nears Completion

Aventura Rail Station Nears Completion

Aventura will be the new Brightline’s station in Florida, connecting Miami, Fort Lauderdale, Boca Raton, West Palm Beach and Orlando. A 131-foot-long pedestrian skybridge was just put into place and connect the station to the platform. Once the station is...

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Tips to decorate your house for Halloween

Tips to decorate your house for Halloween

Ready for the spooky season? With Halloween approaching, here are some tips that can help you make your home freak out (and also delight) your trick-or-treaters and neighbors. Commit to a theme: Pick one theme to guide you. If you like pirates, go for it; Is it...

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Are we transitioning to a Buyer’s market?

Are we transitioning to a Buyer’s market?

Florida's housing market, characterized by overheating for the past two years, appears to be finally cooling off as the Fed raises interest rates to curb inflation. Some signs of the slowdown are: greater inventory, decrease in the so-called “Bidding War” (competition...

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What to do when a hurricane is coming

What to do when a hurricane is coming

Florida is a tropical paradise with beautiful beaches, lots of greenery and entertainment options. Because it is close to the Caribbean, it is exposed to tropical storms and hurricanes. Florida's hurricane season officially starts on June 1st and runs through November...

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Crystal Lagoons: Orlando’s New “Beaches”

Crystal Lagoons: Orlando’s New “Beaches”

Can't you go to the beach? Then the beach comes to you! Discover the Crystal Lagoons mega artificial lagoons to be built in the Orlando area! Did you know that Orlando also has a beach? In fact, they are not located in the city of Orlando or nearby, even because...

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Lagoons: The new “waterfront” High-End

Lagoons: The new “waterfront” High-End

It’s well know that home buyers love a water view. A home on a lake for example would sell 25 to 50 percent more than the same house in an inland location. Having this in mind developer Carlos Rosso is launching ONE Park Tower by Turnberry at SoLe Mia in North Miami,...

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New mixed-use project coming to Bal Harbour

New mixed-use project coming to Bal Harbour

The planned Residences at Bal Harbour was just approved by the Architectural Review Board and will be constituted by 24-story, 61-unit luxury condo tower that would be built on the 2.7-acre property at 10245 Collins Avenue. The existing Carlton Terrace, built in 1956,...

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Tal Avetura: new condo tower to be built in Aventura

Tal Avetura: new condo tower to be built in Aventura

2151 Development and 2020 Acquisitions will soon start their new project, Tal Aventura, witch will be located at 2785 Northeast 183rd Street, Aventura, FL. Miami-based Idea Architects to design the project that just scored a key approval from the city. The proposal to...

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Price reduction in South Florida homes. What does it means?

Price reduction in South Florida homes. What does it means?

The housing prices in Miami-Dade County fell even more and for the first time in months the same thing happened in Broward County, making home buyers hopeful again.. The average sales price of single-family homes went from $570,000 in August to $551,250 in September....

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Lake Nona could experience a new boom in new construction

Lake Nona could experience a new boom in new construction

The planned community of Lake Nona, east of Orlando, looks set to see a new boom in construction. Tavistock Development Co., a developer responsible for the community, plans to change the region's development program to nearly double the size of homes, hotels and...

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Golden Bay Club Sunny Isles Beach

The Golden Bay Club is a 12-story boutique-style residential condominium. It is located on the southern tip of the island, closest to the Bal Harbor neighborhood. The units have approximately 120 m2. It is only two blocks away from the beach and is considered one of...

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5 condos in Sunny Isles Beach that allow short term rental

5 condos in Sunny Isles Beach that allow short term rental

Sunny Isles Beach is one of Miami's most elegant communities, famous for its luxury oceanfront skyscrapers. The island is also known as the “Riviera of Florida” and its beaches are among the most beautiful in the USA. No wonder the demand for real estate in the region...

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Edgewater: Discover the community in Miami

As the name suggests, Edgewater is a small stretch of coastline on mainland Miami, covering approximately 1.68 square miles. It's sandwiched between Midtown and the Upper East Side to the north and Downtown Miami to the south. North 17th Street, North 37th Street, and...

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Edgewater community in Miami now following Airbnb trend

Edgewater community in Miami now following Airbnb trend

The Edgewater neighborhood has finally decided to enter the “Airbnb” trend in a more forceful way. Recently, a new launch, in the same format as those offered in Downtown, was announced in the community: VIDA Residences. The new complex also allows the practice of...

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Construction material prices slow down, but still high

Construction material prices slow down, but still high

The price of building materials in Florida seems to finally show signs of slowing down, albeit in an uptrend. After two years of significant volatility, due to the imbalance in the production chain. It is still too early to know if the segment is entering an...

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Will Orlando also have skyscraper landscape like miami?

Will Orlando also have skyscraper landscape like miami?

Will the city of Orlando follow in the footsteps of cosmopolitan Miami and also evolve to have a skyscraper skyline? It's still early to conclude, but the projects are starting to get off the ground. Recently developer Cameron Kuhn, responsible for major projects in...

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Miami becomes The “Wall Street South”

Miami becomes The “Wall Street South”

Miami gets a new nickname: “Wall Street of the South”. The title reflects the diaspora of banks and financial institutions to Miami over the past three years. The most recent situation occurred in June of this year, when tycoon Ken Griffin revealed that he would...

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Brightline station in Boca Raton to open in 2022

Brightline station in Boca Raton to open in 2022

Another Brightline station in South Florida will open soon. The city of Boca Raton will be the next stop! A closing ceremony was held by the train company, which announced that operations will begin in the city later this year. It will be the company's fourth station...

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Discover the new Bal Harbour Shops

Discover the new Bal Harbour Shops

One of the most famous and luxurious malls in the world, Bal Harbour Shops in Miami, will receive a new wing that promises to double in size. The project, conceived by architect Bernard Zyscovich, is in line with the transformation that the entire neighborhood is...

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The new Waterfront park in Bal Barbour

The Bal Harbour Village community recently released illustrative renderings of the new Waterfront Park, a revitalization of the existing park at the corner of 96th Street and Bal Bay Drive. The renderings, made available by Zyscovich Architects, show that the project...

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Florida is the most visited US state by foreigners

Florida is the most visited US state by foreigners

Florida topped the rankings among the US states most visited by foreigners in 2021. Data on visits by foreigners in 2021 were released by the National Travel and Tourism Office of the United States International Trade Administration (NTTO). The city of Miami was the...

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The Cut Walk Jetty: Discover Bal Harbour’s New Pier

The Cut Walk Jetty: Discover Bal Harbour’s New Pier

The Bal Harbour community in Miami will have its old pier revitalized and enlarged in a project that will cost about $ 15 million. The Cut Walk Jetty, named after the new pier, was conceived and designed by the renowned Mikyoung Kim Design office. The works will start...

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Orlando Real Estate: Inventory grows, but prices rise

Orlando Real Estate: Inventory grows, but prices rise

Florida real estate inventory finally shows solid signs of growth. The Orlando region has already recorded the fourth consecutive month of growth in the number of properties for sale, a scenario that seemed distant at the beginning of the year, when the market was...

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Porsche Design Tower leads biggest sale of the week

Porsche Design Tower leads biggest sale of the week

A unit sold at the Porsche Design Tower last week topped the list of the most expensive properties sold in Miami-Dade. Unit 4405 in the tower was traded at $14.4 million. Sunny Isles Beach, where the German brand's tower is located, is home to some of the most...

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830 Brickell Tops Off

830 Brickell Tops Off

The commercial building 830 Brickell has reached the “Top-Off” stage, when it reaches the maximum height of the construction (top floor). The development has 55 floors and is now the second tallest office building in Miami, at 220 meters high, behind the Southeast...

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