Rising condo fees and insurance costs burden owners with a state deadline for reserve funding. Many struggling owners face challenges selling units, exacerbating South Florida’s affordability crisis....
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Record High in 2024: Over 500,000 new apartments expected nationwide. Miami's Contribution: 14,100 apartments to be completed in 2024, ranking No. 9....
Yet, the market is expected to rebound in 2025 with a 4% increase in home sales. Environmental factors might cause prices to drop 3%-5% by year-end....
A development proposal for 1K multifamily units in River Rapids has been approved by the Miami board. The company purchased a six-acre site for $23.5M, previously a self-storage facility....
Las decisiones de la Fed sobre las tasas de interés tienen un impacto significativo en los mercados globales, la actividad económica y las tasas de inflación.Se está considerando un posible aumento de tasas a medida que la inflación se acerca al objetivo del 2% de la Fed....
Related Group and Integra Investments secured a $527 million construction loan from TYKO Capital for the St. Regis Residences in Miami's South Brickell neighborhood. The 50-story tower will feature 152 condominiums, with over 60% already in contract. Amenities include a fitness center, pickleball court, private marina, and an indoor lap pool. Culinary options will feature the St. Regis Tea Room and...
Miami-Dade condo sales ↓ to 131 units, totaling $87.5M at the end of Early-Q3. Avg price/sq ft ↓ to $509, compared to $586 previously....
Renters in Miami pay 154% more than the national avg for single-family homes. The avg monthly rent in Miami has soared to $3,537.70....
Las tasas de refinanciamiento de hipotecas a 30 años cayeron al 6.63%, el nivel más bajo desde diciembre de 2023. Las tasas de 15 y 20 años también ↓11 y ↓ 5 puntos básicos, respectivamente....
Assess building type and market trends before investing in commercial Real Estate. E-commerce growth increases demand for industrial warehouses and multi-family apartments....