California Contemporary in Palmetto High School District

Miami Palmetto High School has long had a reputation of being a great high school and many families move into Pinecrest or Palmetto Bay so their children can attend.  There are other areas west of U.S 1 that are often overlooked that also have Miami Palmetto High School as their home school. This house, at […]

Buying
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Miami Real Estate: High Affordability + Low Prices = Buy

An article in today’s Wall Street Journal uses Miami as one example as to why 2011 may be the year to buy. Affordability, which looks at how many months of income an average family would take to pay for a home, is at the lowest level in 35 years Pricing is believed to be at […]

Buying, Investment Real Estate
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Miami Real Estate: Downtown Miami Continues Growing

Biscayne Boulevard in downtown Miami is still building services to provide conveniences for new residents that have moved into the buildings that were mostly empty during the real estate collapse.  Projects under, or soon-to-be-under, construction include Museum Park, the Port of Miami Tunnel, Whole Foods, and a multiplex movie theater.

Brickell/Downtown Miami, Neighborhood News
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Miami Real Estate – Good News, The Wealthy Are Spending Again!

Two articles in today’s Business Monday add more evidence that South Florida is starting to pull out of the recession and, though we fell farther and therefore have further to go to actually feel that the recession is over, there are positive signs in South Florida’s economy. The first article, Brazilian buyers put the luxe […]

Luxury Real Estate, Market Summary
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Rental Rates On The Rise

With the increasing popularity of living in walkable communities, rents are on the rise in areas such as downtown Brickell and Coral Gables.  The fact that there are so many new buildings with great amenities and upgraded finishes, such as granite counter tops and modern kitchens and baths, in these two areas have lead to […]

Brickell/Downtown Miami, Coral Gables, Neighborhood News, Renting in Miami
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Miami Real Estate – Pending Home Sales Jump In January

According to the Miami Realtors Association, January total pending home sales jumped 28% over January 2010 and increased 2.5% from December.  Pending sales were as follows: condominium: increased  37.2 percent compared year over year.  Increased 3.3 percent from December. single-family homes:  increased 15.531 percent from January 2010.  Increased 1.4 percent from December. Although this jump […]

Luxury Real Estate, Market Summary
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Coconut Grove, FL Real Estate – Market Summary

Market information from the Multiple Listing Service for single family homes for the month of January are as follows: Closed sales:  8.  None were short sales, 7 were REOs. 5 were cash sales. Price range of closed sales: $565,000 – $48,000 Pending sales: 12.  2 short sales, 1 REO Price range of pending sales: $2.39 […]

Buying, Coconut Grove, Foreclosures, Market Summary, Selling
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“Economists Bullish On Miami”

In case you missed my posts on the projected economic improvement of South Florida and Miami-Dade in particular, read today’s front page Miami Herald article, Forecast calls for robust rebound in Dade. Previous posts I have written include a lot more detail if you want to read more: Commercial Real Estate Starting To Pick Up […]

Buying, Commercial Real Estate, Investment Real Estate
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"Economists Bullish On Miami"

In case you missed my posts on the projected economic improvement of South Florida and Miami-Dade in particular, read today’s front page Miami Herald article, Forecast calls for robust rebound in Dade. Previous posts I have written include a lot more detail if you want to read more: Commercial Real Estate Starting To Pick Up […]

Buying, Commercial Real Estate, Investment Real Estate
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Commercial Real Estate Starting to Pick Up

The recent up-tick in consumer spending has resulted in an increase in demand for retail space.  Since the multi-family and office had been showing improvement, this is a good sign the economy is starting to pick up. On a local level, Miami Today reported  the following increases in November: Total taxable sales are up 7.5% […]

Commercial Real Estate
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