Maybe you want to know about that property you’re thinking of buying. Or you just want to know the valuation range for your own property. Click through to access an app that will give you value ranges, and more, for any property you’re interested in. Welcome to our interactive feature: an automated valuation model (AVM) tool. An AVM uses software to...
Florida’s population exploding; expected to reach 20.7 million by end of 2016
Florida’s population exploding; expected to reach 20.7 million by end of 2016 Analysis by Cushman & Wakefield depicts a thriving economy in Florida driven by explosive population growth and high consumer confidence. The report, compiled by Cushman & Wakefield’s Research Team, analyzes population growth, employment levels, home values and retail...
Is Miami/ South Florida the Newest Hot Spot for Manufacturing?
South Florida’s industrial developers are building bigger and better facilities to accommodate a thriving logistics market, a new wave of e-commerce giants looking for large chunks of warehouse space and an uptick of goods flowing through the now-expanded Panama Canal. Click Full Article for more details. Full Article Save Article Article Feedback Share...
Florida GDP outpacing U.S. economic output thanks to strong real estate, construction sectors
Florida’s GDP growth of 2.1 percent in the first quarter of 2016 not only outpaced the country as a whole, but all of the other top population states and every state in the Southeast but one. Not a bad economic scorecard for the Sunshine State. A key measure of economic vitality, gross domestic product (GDP) by state is the market value of goods and...
U.S. Mortgage Rates hit record low
From the New York website: The average interest rate on 30-year fixed-rate mortgages in the U.S. hit 3.36 percent Friday, matching the lowest level ever recorded. The last time these mortgages came with a 3.36 percent interest rate was in December 2012. Driving the trend is a decline in the yield on 10-year U.S. Treasury bonds, which serve as a key benchmark...
Square Station Miami gets city approval
Despite negative recommendations from staff and the Miami Planning and Zoning Appeals Board, the city commission unanimously approved a zoning change that paves the way for The Melo Group’s Square Station project to move forward. City commissioners were swayed by the developers’ promise to set aside 96 apartments in two proposed residential towers for workforce...