Spanish Billionaire Bought an Entire block of Lincoln Road Miami Beach
Earlier reports says that a buyer who is known as the world’s fourth richest person, a Spanish fashion billionaire (whose empire includes Zara), just bought the entire block of Miami …
Wealthy Chinese Businessmen Eyes Miami Real Estate
It has been reported that there are about 22 wealthy Chinese art collectors who has connections with real estate about visiting Miami about business prospects, they have been reported to …
Miami Real Estate Market Continues its Streak of Growth in 1Q
Increasing demand from domestic and international buyers helped carry the Miami real estate market to a robust first quarter, as single-family home transactions registered double-digit growth while all properties saw …
Blooming South Florida: Ritz-Carlton Sunny Isles Beach Residential Project on the Rise
As if Ritz-Carlton isn’t already a household name in Residential Real Estate, talks of yet another Ritz Carlton in Sunny Isles is already on planning stage. Reports that Ritz Carlton …
Investors Start to Evacuate the Housing Market
The recent housing activity was fueled with a frenzy of buying from investors. Deep-pocketed buyers grabbed homes left and right, driving prices faster than normal. Now with prices reaching new …
Prices and Supply Jump as Mortgage Rates Stabilize
Recent report from the National Association of Realtors reveals that the median price for existing home in June rose 13.5 percent from the same month of 2012. The increase was …
Fewer Homes for Builders in June
Builders in the country started fewer constructions in June, especially on the rental sector. Still, applications for single-family home construction reached their highest in five years. A seasonally adjusted annual …
Aided Borrowers Defaulting Again
Nearly four years ago, 1.2 million distressed homeowners benefitted from the Home Affordable Modification Program of the Obama administration. Recent reports are now saying that a fourth of that number …
Real Estate Scams to Avoid
With the current atmosphere in the real estate market, buyers are becoming more and more aware of the attractiveness of owning a home. Despite recent mortgage increase, affordable homes are …
Miami Boom Emerged After Condo Supply Crunch
The shortage of condominiums is slowly starting to become history as more builders are adding new inventory. Investors who didn’t had the chance to grab a Miami property can look …