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Florida real estate market rapidly returning to ‘normal’

Florida real estate market rapidly returning to ‘normal’

WASHINGTON – Oct. 26, 2016 – According to Freddie Mac, the nation’s housing market is almost back to normal or, in Freddie’s terms, “on the outer edge of its historic benchmark range of housing activity.” The study also found that Florida and many of its metro areas are improving quickly. The state came in second to Nevada as “most...

Metrorail and Metromover will run late on weekends

Metrorail and Metromover will run late on weekends

A goal Miami’s Downtown Development Authority has been pursuing for more than a year – late-night service on Metrorail and Metromover – will finally be realized by the end of this month. On Friday and Saturday nights, Metrorail and Metromover will run until 2 a.m., said Alice Bravo, director of the county’s Transportation & Public Works Department. “We have...

Coconut Grove’s luxury real estate market on the rise | Miami Herald

Coconut Grove’s luxury real estate market on the rise | Miami Herald

As Miami’s primordial neighborhood, Coconut Grove evokes passion and pride among its residents past and current. Long considered Miami’s dormant market, the Grove has most recently come alive with vast opportunity driven by the demand of both residential and rental sales that includes new plans, preconstruction deals and surging prices. The Grove’s vast green...

NEIGHBORHOOD TOUR: Wynwood ready for development boom as it grows up

NEIGHBORHOOD TOUR: Wynwood ready for development boom as it grows up

Miami’s Wynwood neighborhood’s current incarnation as an arts district and retail and nightlife cultural hub took off in the mid-2000s when Goldman Properties and its founder Tony Goldman began buying up chunks of the neighborhood in 2006. Now, a decade later, the neighborhood is entering its next stage as a work/live destination. In addition to Goldman...

Miami-to-Orlando train Brightline Express 3.1 billion dollar project on track

Miami-to-Orlando train Brightline Express 3.1 billion dollar project on track

Progress on the $3.1 billion Brightline Express train project is on track. The Brightline Express project will bring high-speed train travel to commuters from Miami to Orlando, with stops in Fort Lauderdale and West Palm Beach. The Brightline railroad’s Phase 2 — the West Palm Beach-to-Orlando section — is expected to be ready for service after Orlando...

Miami ranks 4th in US for Asian investment

Miami ranks 4th in US for Asian investment

Good news for Miami real estate players hungry for Asian capital. A report from commercial brokerage CBRE shows more than half a billion dollars worth of Asian cash flowed into Miami real estate during this year’s first six months, making it the country’s fourth-most popular destination for investments from across the Pacific. According to the report, Asian...