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Housing opportunity through Modernization Act signed. Makes room now for easier Florida condo sales
WASHINGTON – Aug. 2, 2016 – President Obama has signed H.R. 3700 – the “Housing Opportunity Through Modernization Act” – into law. The move paves the way for more condo sales, especially in Florida. First-time buyers will soon find it easier to qualify for a mortgage in more condo developments, and, as a result, more current condo owners will find it easier to move up to a single-family home. The National Association of Realtors® (NAR) hailed the development as a “significant step” in eliminating barriers to safe,...
read morePatricia Delinois featured in the Chronicles of Nardea of 2016
Chronicles of Nardea, written and published by Sara Nardea, is a collection of the Top 20 Most Fascinating Artists of 2016. These talented artists span the globes art scene from New York to Miami and range from painters, fashion stylists, interior designers, musicians, and more. Sara Nardea is a painter, art exhibition curator, journalist, author and publisher, providing you with thousands of words and dozens of pictures drowning in a sea of art, fashion and music. Full Article Save Article Article Feedback Share...
read moreMercedes Demonstrates Technological Prowess with Un-piloted 12-mile Bus Drive –
Luxury Daily As cities bear the brunt of worldwide population growth and the effects of global warming are gradually felt, public transport is a necessity. Focusing on the public transit market as the market poses for growth will keep revenue high while also allowing the brand to show off technology and position itself as a leader. “In luxury, acting as an advancer is expected, particularly considering German engineering,” said Chris Ramey, president of Affluent Insights, Miami. “Luxury demands a higher standard.”...
read moreMiami Beach approves negotiations for $400 million dollar light rail project Miami train
Miami Beach city commissioners on Wednesday directed City Manager Jimmy Morales to begin talks with the French rail firm, Alstom, on an interim agreement that could eventually lead to a light rail system being built in South Beach that could lead to a Baylink system crossing the MacArthur Causeway and connect with a similar system on the mainland. Alstom’s project, called the Greater Miami Tramlink Partnership, is the leading bidder among three the city considered. City commissioners directed Morales to carry out similar talks with the...
read moreAll Aboard Florida Miami may extend to Jacksonville
Brightline The company that is preparing to launch passenger rail service next year between Miami and Orlando via Fort Lauderdale and West Palm Beach eventually may extend the service to Jacksonville. All Aboard Florida (AAF), which expects to launch its Brightline passenger rail service by mid-2017, has formed an affiliated company called AAF Jacksonville Segment LLC. AAF formed the affiliated company to secure rights to run a passenger rail service on the Florida East Coast Railway line between Jacksonville and Cocoa, located east of...
read moreMiami Beach gets the acclaim, but there’s so much more to Miami than the beach
Miami Beach gets the international acclaim and deservingly so, but there’s so much more to Miami than the beach. From the colorful murals in Wynwood to the international banks in Brickell to the stunning Mediterranean homes in Coral Gables, Miami offers a diverse array of neighborhoods. Each of Miami’s 34 municipalities is experiencing growth and major commercial development. Let’s take a look at 10 Miami neighborhoods… Click Full Article for more details. Full Article Save Article Article Feedback Share...
read moreCoral Gables Game changer Gables Station
The Coral Gables City Commission approved plans on Tuesday for a mixed-use project that aims to transform a corner of South Dixie Highway. NP International, the developer behind the planned Paseo de la Riviera project, received approval for Gables Station, which includes residential units, a hotel, retail, parking and open space. The 4.3-acre development would replace a surface parking lot and small commercial building at 251 South Dixie Highway, which currently houses cars from the Collection. The project was previously approved for big box...
read moreJune Residential Sales Jumped 25%, Says HUD, Census Bureau
This is the biggest increase since February 2008, said Trulia’s economist. The Census Bureau and HUD use sample surveys to collect data for their home sales, which means this data is subject to sampling variability as well as the typical statistical variance. The survey is based on a sample of houses pulled from building permits. “Sales” are defined as deposits taken or sales agreements signed, not necessarily closings. Click Full Article for more details. Full Article Save Article Article Feedback Share...
read moreHow to make Miami an elite city?
South Florida CEOs share their ideas | Miami Herald Dr. Alejandro Badia is an orthopedic surgeon who leads a network of orthopedic urgent care centers called OrthoNOW based in Doral. The company has locations in Miami-Dade and Broward counties.This week’s question: A comprehensive new report names transportation, housing and income inequality as Miami’s biggest problems. What do you think is holding Miami back from joining the ranks of the world’s elite cities? While Miami has made incredible strides, there is still a great deal of...
read more2 Miami-area Neighborhoods Among Best Opportunity Markets in U.S. Miami Future Opportunities
Both Homestead and Miami’s 33150 ZIP code offer some of the best housing opportunities in the country, according to a new analysis from RealtyTrac. In its report, RealtyTrac analyzed 3,561 ZIP codes nationwide, focusing on areas with: at least 2,500 residents; an increase in construction loans from last year; an average home flipping return of at least 60 percent; and where Millennials comprised at least 25 percent of the total population. Under those standards, the 33150 ZIP was the No. 14 opportunity market in the country, with a flipping...
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