Monthly Archives: March 2014

Miami Home Prices Continue to Experience Double-Digit Increases in February 2014

Miami, FL (PRWEB) March 20, 2014 The performance of the Miami real estate market remained strong in February, as prices continue to rise while properties sell rapidly and near asking price, according to the 31,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) system. Median Sale Prices Continue to Increase Median sale prices again increased […]

2014 Miami Luxury Condos Revive With Buyer Cash Deposits

il Dezer had 850 unsold condominiums on his hands five years ago and almost $500 million in loans coming due as credit markets froze and buyers disappeared. Today, he’s back in the market with what he sees as a safer bet: a 132-unit luxury project for auto enthusiasts called the Porsche Design Tower. Condos at […]

Tommy Hilfiger on verge of Raleigh Hotel purchase in Miami Beach Florida

Expanding into the hospitality sector, fashion icon Tommy Hilfiger is on the verge of acquiring the Raleigh Hotel in South Beach for an undisclosed price. Hilfiger is in discussions with Raleigh owners David Edelstein and Sam Nazarian about buying the 1775 Collins Avenue property and extensively renovating the hotel, the Miami Herald reported. The designer […]

In Florida, Miami Beach passes initial “party homes” measure for short time Rental homes

Miami Beach commissioners took an initial step toward cracking down on so-called “party homes.” A measure making it illegal to advertise short-term home rentals unanimously passed a first round of voting by the commission during Wednesday’s meeting, the Miami Herald reported. A second vote is necessary for the new regulations to take effect. The city […]