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Miami Commercial Real Estate
News & Blog Posts
South Florida Is In Construction Phase Once Again The latest report from Miami Herald (http://www.miamiherald.com/2012/02/08/2631956/construction-spending-finally.html) indicates that the construction spending in South Florida rose for the fourth month in a row in Broward County in November 2011, joining Miami-Dade County as areas with sustained growth in the real estate sector. “We’re seeing a lot of custom-home building,” said Bernie Navarro, head of the [...]
Miami Commercial Real Estate Due For Rise In 2012 Great news for the beginning of this year came from the commercial real estate sector, reports Miami Today (http://www.miamitodaynews.com/news/120105/story3.shtml). Miami commercial real estate market is performing better than most experts say, and values in some sectors may be rising within the next year. “In my view it was relatively flat this year, but improving fundamentals [...]
Miami Condo Sales Are Up And Miami Real Estate Is On The Rise Once Again Being a broker of Sunny Realty and providing one of the most used resource for Miami real estate (http://www.sunnyislesmiamirealestate.com/) I’m often asked: “how’s (Miami) real estate these day?”. Unfortunately I can’t just answer this question simply – “good” or “great” or “better”. When I start to explain that Miami basically has the best and worst [...]
Multi Family Properties Leading Miami’s Rental Market Over the past several months, numerous reports have pointed to the rising strength of the Miami rentals market. Investors from local regions, as well as abroad, have been snapping up discounted properties with the intent to rent to residents as well as tourists. While a variety of property types demonstrate rental promise, a recent report [...]
Miami Herald Land Recently Sold for $236 Million The 3rd largest casino company (Genting Malaysia Berhad) in Asia just purchased 13.9 acres of waterfront land owned by the Miami Herald, for $236 million. The property stretches from Biscayne Boulevard to Biscayne Bay. This landmark deal will reshape the surrounding downtown area, bringing more life and vitality to an already booming portion of the [...]
Developer Land Interest Points to Strong Condo Development Future for Miami As the signs that the Miami real estate market remains stable many investors and residents are interested in what future Miami condo developments may be in store. While developments may take years to complete, they show promise as growth for the area, something recent investors and current residents are interested in monitoring. Miami land previously [...]
Miami Foreclosure Stats For 2011 As of June 3rd, 2011, the number of foreclosed condos and homes in South Florida year-to-date is 11,551, down from 30,635 at the same time last year, based on the most recent data available from Broward, Miami-Dade and Palm Beach counties. Please see the graph above which shows foreclosure activity in these three counties. South [...]
Is Residential Real Estate International – The New Global City In today’s Wall Street Journal I read a great article about International buyers all over the world. The Russians are buying luxury properties in London, Miami, New York, Silicon Valley. The Brazilians are buying condos in Miami and Chinese are buying in California. The biggest players in the residential-real-estate scene today often come from halfway [...]
Miami Real Estate Picking Up The real estate market in Miami Florida is seeing significant recovery of late and investors, as well as those simply looking for a new place to call home, are back in the market looking to buy. According to the Florida Realtors, there has been significant growth in different sectors of the market. Condominiums in Miami [...]
Commercial Miami Real Estate Getting Hot Sometimes, when investors see a good deal, everyone benefits. This is exactly what’s going on with the commercial real estate in the Miami area at present and, given current real estate trends, the investors that are driving this beneficial activity are going to see tidy returns for putting their money into the area. The Stage [...]