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Homeowners twice as house rich as five years ago
America’s housing market is heating up again, fortifying the finances of current homeowners and frustrating potential first-time buyers. After hitting bottom in 2012, home prices took off dramatically before leveling off a bit in mid-2014. In the last two months, though, they turned higher again. The amount of equity homeowners now have — the value outside their mortgage debt — has doubled in the last five years, according to CoreLogic. The latest read on September home prices showed a 6.3 percent annual gain, a touch bigger than August...
read moreLittle Haiti Development
A Miami-based company has submitted plans to the Urban Development Review Board for a large-scale, mixed-use project on 22 acres it owns in Little Haiti. The Eastridge Special Area Plan (SAP) proposal would replace the Design Place Apartments at 5045 Northeast Second Avenue in Miami. SPV Realty owns the existing apartments, built in 1948. Kobi Karp is the architect and Kimley Horn the landscape architect. The Miami board on Wednesday will review the application, which is requesting buildings varying in height from eight to 28 stories, 2,798...
read moreSee How Miami has Grown since 1984 in This Time-Lapse Video
In this time-lapse video from Google Earth starting in 1984, see how Miami has grown by about a million people from 1.7 million in 1984 to more than 2.6 million today. Click Full Article to watch the video. Full Article Save Article Article Feedback Share Article
read moreThe extravagant in-house amenities of Florida’s elite
From curated art collections to exclusive eateries to over-the-top lobbies, these are the latest trends on South Florida’s luxury real-estate landscape. A brilliant laser display will illuminate the sky above the Ritz-Carlton Residences, Miami Beach during Art Basel (126 units, from $2 million). Designed by visual artist Yvette Mattern, “Global Rainbow” beams the hues of the rainbow across a 25-mile viewing field. It’s a spectacle to behold, but privileged residents can also enjoy marvelous art within their luxury addresses. Indeed, art...
read moreFlorida No. 2 for population growth – will real estate markets follow?
The U.S. Census released it 2016 population estimates this week, showing state-by-state growth from 2015 to 2016, and almost nowhere were gains bigger than in Florida. The state’s population made a 367,525-person leap from 20.24 million to 20.61 million – an increase second only to Texas’. However, looking at growth relative to population size, Florida wasn’t the No. 2 state, but No. 4, increasing 1.82 percent year over year. Florida’s growth was not unique to the region, but a trend that spanned the entirety of the South. “States in the...
read moreSouth Florida Home Prices steadily growing
South Florida home buyers waiting for a price dip, don’t hold your breath. According to the latest report from the S&P CoreLogic Case-Shiller Indices, home prices in the region continued their years-long upward climb in October. The index, which tracks home sales in major metropolitan areas throughout the United States, stated the cost of South Florida’s single-family homes jumped by 6.5 percent in October when compared to the same month in 2015. That means South Florida saw the fifth-highest percentage growth in the country, with Seattle...
read moreChronicles of Nardea top 2016 Artists and Game Changers featuring real estate Mogul Patricia Delinois
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. https://www.linkedin.com/in/sara-nardea-97440579 Sara Nardea is no stranger to...
read moreEmirates Airlines launches Fort Lauderdale to Dubai service
Fourteen hours and 20 minutes is a long time to be on a plane. Good thing Emirates Airlines’ planes, now flying from Fort Lauderdale to Dubai, have lie-flat beds, gourmet food and 2,500 channels of entertainment to choose from. The Dubai-based airline made its first transatlantic voyage from Dubai to Fort Lauderdale-Hollywood International Airport Thursday morning, touching down in Fort Lauderdale just after 11 a.m. The flight signaled the beginning of South Florida’s first daily nonstop service to Dubai. Daily flights will leave FLL at 8:20...
read more5 Home Technologies to Watch for in 2017
Did you ever want to live inside the home of the future? This could be the year that happens. Click through for a list of some of the coolest and most practical devices designed for your home. In 2017, your house will have a higher IQ than you do. Here are the five home technologies to watch for in 2017: 1. Smart thermostats 2. Smart maids 3. Smart lighting 4. Smart alarms 5. Smart locks Full Article Save Article Article Feedback Share Article
read moreMiami Worldcenter secures first construction loan for Seventh Street Apartments
This was one of the largest apartment construction loans in Miami this year. The first phase of the apartment towers on Seven Street at Miami Worldcenter. Click Full Article for more details. Full Article Save Article Article Feedback Share Article
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