Monthly Archives: November 2013

Fine art helps sell real estate in South Florida

Nine iconic, life-size photographs of celebrities by renowned British photographer Terry O’Neill fill the sales office for The Bond on Brickell, a condominium planned for Miami. Down the street, shoppers eyeing the Related Group’s Paraiso Bay and SLS Brickell projects are greeted by a huge, Philippe Starck-designed outdoor duck sculpture. And inside the sales center, […]

Miami ,South Florida residential resale inventory down 65 percent from five years ago

  A number of real estate investors and second-home buyers traveling to South Florida for this year’s long Thanksgiving holiday weekend that symbolically kicks off the start of the busy winter tourism season are sure to develop a case of indigestion that is not related to overeating. The root cause of this anticipated uneasiness is […]

Rising sea levels in South Florida, falling real estate values ?

While most residents in South Florida still have no worries that global warming could dramatically lower housing prices, land-use attorney Sam Poole has already developed a plan to sell his house in a low-lying Fort Lauderdale neighborhood. Poole has heard some scientists predict that the first financial effects are probably two decades away, and he […]

New Yorkers now top spenders for Miami homes

New Yorkers are emerging as the darlings of local real estate. Accustomed to expensive property and wanting to escape state taxes, they’re outspending other buyers to set up a local home base. “They’re now competing with the South Americans, and in a lot of the cases the New Yorkers are willing to pay more,” said […]

Miami Reports Surge in Colombian, Italian Real estate Buyers

Home buyers from Colombia, France, Mexico and Italy are playing a larger role in the Miami real estate market, according to data released today by the Miami Association of Realtors. Venezuelans are still the largest group of international buyers in the area, accounting for 14 percent of sales to international buyers, followed by Argentinians and […]

Forget Bitcoin, Apparently Miami Real Estate Is the Hot New Alternative Currency

If you’re some libertarian geek you might be interested in Bitcoin as your new form of alternative currency. If you’re a jet-setting billionaire then you probably prefer Miami luxury condos.   Yes, Jonathan Miller, president and CEO of Miller Samuel Inc., says the world’s wealthy elite are pretty much using Miami real estate as currency. […]

Miami’s commercial real estate market

 Between international money flowing in and companies positioning themselves to benefit from port projects and trade, Miami is a market like no other in Florida.“We’ve got kind of a perfect storm in a positive way working for us here in south Florida,” says Ken Krasnow, managing director at CBRE. “We are seeing a pretty good picture, […]