Amazon in Miami $198 million fulfillment center over $51 million in Real Estate
Amazon in Miami $198 million fulfillment center over $51 million in Real Estate. A company that the South Florida Business Journal said could be Amazon.com applied for $1.5 million in county and state job incentives to build the high-tech facility in Opa-Locka. “Project Sol” would also invest $147 million in personal property and equipment for an 855,000-square-foot distribution warehouse that’s set to break ground during the third quarter of next year, according to the publication. Amazon currently operates a fulfillment center near Doral...
read moreMiami home price appreciation approaches 5 consecutive years
For 56 consecutive months, single-family home prices have appreciated in Miami, a report from the Miami Association of Realtors and the local MLS confirmed. In July, the median sales price reached $299,000. Condo price appreciation has been similarly predictable, rising 60 of the last 62 months, bringing the median sales price to $225,000. Still “a major bargain” by the association’s measure. Click Full Article for more details. Full Article Save Article Article Feedback Share Article
read moreU.S. consumer confidence hits one-year high
NEW YORK – Aug. 30, 2016 – The Conference Board Consumer Confidence Index, which had decreased slightly in July, increased in August. The Index now stands at 101.1 compared to 96.7 in July. The Present Situation Index rose from 118.8 to 123.0, while the Expectations Index that gauges consumers’ expectations six months from now improved from 82.0 last month to 86.4 in August. “Consumer confidence improved in August to its highest level in nearly a year, after a marginal decline in July,” says Lynn Franco, director of economic...
read moreReal estate to get its own stock category
NEW YORK – Sept. 2, 2016 – Real estate companies have been included in a category with banks and insurance firms since 1999 in stock markets across the globe. But that soon will change. Real estate is getting its own dedicated category. The Wall Street Journal reports that the move likely will prompt analysts to pay closer attention to real estate investment trusts. The Global Industry Classification Standard separates companies into 10 industries, like energy and health care. The groupings allow investors to follow broad trends. But the new...
read moreReal estate better than stocks, gold
NORWALK, Conn. – Sept. 6, 2016 – Despite recent gains in the stock market, Americans have more confidence investing in real estate. About a quarter of Americans surveyed said real estate was their top choice for long-term investing, according to a new national survey released by Bankrate. Consumers selected real estate as the top pick to invest money they wouldn’t need for more than 10 years, followed by cash investments (e.g. certificates of deposit and savings accounts). Then, coming in a distant third was the stock market....
read moreMiami’s Hottest Events in August
Don’t miss these Miami events in the month of August. August in Miami is sizzlin’ hot—featuring live music, Miami Spice and a list of events you won’t want to miss. Source: MiamiandBeaches.com Click FULL ARTICLE tab below here. Full Article Save Article Article Feedback Share Article
read moreCity of Coral Gables booming and transforming
Change is coming to Coral Gables, which has long been defined by a strict zoning code that has maintained founding father George Merrick’s vision of the City Beautiful. From the type of vehicles homeowners can park in their driveways to the type of terracotta roof tiles developers can use, Coral Gables meticulously governs the city’s aesthetics so that nearly every building is done in grand Mediterranean Revival architectural style, every residential block is lushly landscaped and swales are kept free and clear of clutter. The city’s refined...
read moreKnow, like and trust: The essence of networking – South Florida Business Journal
Unlike its stereotype, business networking is not based on hitting up every new person you meet with some line about how great your product or service is while slapping a business card into their hand and uttering clever one-liners such as, “let’s do lunch.” Click Full Article for more details. Full Article Save Article Article Feedback Share Article
read moreCarnival Corp. extends deal with Port Everglades to 2030 – South Florida Business Journal
Carnival Corp. & plc has extended an agreement with Port Everglades that includes preferential use of its multiple terminals until 2030. The agreement makes the Miami company a priority when it comes to five terminals at the port, including Port Everglades’ newly renovated Cruise Terminal 4, which recently received $24 million in upgrades. The extension pertains to the 15-year agreement Carnival Corp. reached with county commissioners in 2010. As part of the original agreement, the port underwent a $54 million renovation project to...
read moreMiami-Dade MPO gives Beach Corridor project Priority 1 status – Miami Today
The Beach Corridor project, which aims to connect Miami to Miami Beach with public transit, is quickly moving forward, despite the latter city’s controversial decision to explore a locally funded initiative on its side of Biscayne Bay. The Miami-Dade Metropolitan Planning Organization (MPO) voted unanimously July 21 to make the Beach Corridor a Priority 1 project, which means it joins the other five corridors of the Strategic Miami Area Rapid Transit plan as a front-burner item. “Let me say that we have truly reached a major step in moving...
read moreIf Miami neighborhoods went through the Sorting Hat » The New Tropic
J.K. Rowling’s newest book, Harry Potter & The Cursed Child Part I & II, comes out at midnight on July 31. WE’RE SO EXCITED. We thought we’d never see Harry again after he graduated from Hogwarts.To celebrate, we decided to sort Miami’s neighborhoods into their proper Hogwarts houses. There was just one problem: we didn’t have a sorting hat. So we asked you, Miami, to sort the neighborhoods for us. Click FULL ARTICLE below. Full Article Save Article Article Feedback Share Article
read moreFlorida welcomes 57.4M visitors in first-half 2016 – Record number of visitors in first six months
The first six months of this year were ones for the record books, as Florida welcomed 57.4 million visitors — the highest number in that time span in state history. The record numbers represent a 4.3 percent increase over the year. In the second quarter alone, 27.3 million visitors came to the state, an increase of 3.1 percent over the year. “The Florida tourism industry has a tremendous amount of momentum because every month we have millions of new visitors who are experiencing the best tourism product on earth and returning home to share...
read moreFlorida is benefiting from California’s tax, regulatory policies causing businesses to flee – South Florida Business Journal
California’s tax and regulatory policies have made the cost of doing business more expensive than other states and prompted about 10,000 companies over the last eight years to leave the state or shift or curtail operations to reduce costs, according to a report from Spectrum Location Solutions. Florida is one of the states benefitting the most. The Irvine-based company, which helps companies find places to locate their operations, issued a report titled “ California Business Departures: An Eight-Year Review 2008-2015,” which provides details...
read more5 bounce-back tips after a foreclosure or short sale
HIGHLAND, Calif. – Aug. 12, 2016 – Philip and Denise Powell lost their home in 2011 after Philip’s hours as a pastor were cut in half and Denise was sidelined by a surgery. But they were determined to become homeowners again, so they rolled up their sleeves and got to work. The Highland, California, couple got financial counseling. They took control of their credit reports, tackled high-interest debts and cut spending. In 2015, they bought another home. “We thought we’d never recover,” Philip Powell says, recalling the...
read moreThe Power Of Renewables And Energy Efficiency In Real Estate
How do energy efficiency improvements increase property value? Key Takeaways Energy conservation, efficient lighting and building automation are now common — so when discussing a new home, it’s important to address energy efficiency. Newer buildings often have higher efficiency standards while being built, even though some of them don’t posses efficiency certification. On top of saving monthly costs, many energy-saving upgrades can lessen outside noise. Improve efficiency first, then add solar. Lowering energy demand could...
read moreNumber of optimistic buyers hits all-time high – Time to buy
WASHINGTON – Aug. 12, 2016 – Home purchase sentiment reached an all-time survey high in July, an indication that Americans are feeling more upbeat about the housing market, according to Fannie Mae. Overall sentiment rose 3.3 points to a reading of 86.5. Each of the index’s six components– including selling outlook and personal finances – also rose last month. The share of consumers who said they would buy if they were going to move climbed to 67 percent, while the share of consumers who said they would rent dropped to 26 percent, an...
read moreTourists still flocking to Florida in record numbers for now
FORT MYERS, Fla. (AP) — Tourists are flocking to the Sunshine State in record numbers — at least for now. Florida Gov. Rick Scott will announce Friday that 57.4 million tourists visited the state during the first half of 2016. State officials say that’s the highest six-month total ever and a 4.3 percent increase over the year. Visit Florida, the state’s tourism marketing arm, estimates that the record number includes more than 49 million domestic visitors. The rest came to the state from Canada or other countries. The...
read morePlans for Tri-Rail’s downtown link on track – Miami Today
With most of the partner agreements in place, final details are being smoothed out for Tri-Rail commuter service to steam into downtown Miami before the end of next year. “We are looking at insurance issues we’ll have to deal with in the future, and we got All Aboard Florida to give us a tour of its Miami station,” said Jack Stephens, executive director of the South Florida Regional Transportation Authority, Tri-Rail’s parent. “It’s amazing. By this time next year they expect to be in service [to Fort Lauderdale and West Palm Beach] and told...
read moreMiami is among the hottest markets for new apartments in 2016 – Curbed Miami
Miami’s apartment scene is booming, with the market projected to deliver 13,245 new units in 2016, per Rent Cafe. This ranks eighth nationally, closely behind Austin (13,568) and Seattle (13,384). Texas paves the way, with Houston topping the list at nearly 26,000, followed by Dallas (23,159). Midtown has been especially hot with rental projects, with several new developments announced within the past few months. Click FULL ARTICLE below. Full Article Save Article Article Feedback Share...
read moreThe sharing economy takes on luxury – South Florida Business Journal
As technology and shifting consumer preferences continue to intertwine, brick-and-mortar businesses must adapt if they’re to remain competitive in an ever-changing landscape. Click FULL ARTICLE tab below here. Full Article Save Article Article Feedback Share Article
read moreThe Estates at Acqualina will be the Finest Residences in the World
The Estates at Acqualina will be the Finest Residences in the World offering an exceptional lifestyle. Our residents will enjoy the services of the existing Forbes 5 star, AAA 5 Diamond Acqualina Hotel & Resort and will have unrivaled amenities that will be housed in an Oceanfront Villa. The Estates will have Two towers that include Penthouses, Tower suites, Two single family homes, Oceanfront residences and furnished Beach Cabanas ACQUALINA RESORT & SPA WINS TOP HONOR. As an owner at the Estates at Acqualina, residents have...
read moreFla. beating pre-recession job growth. Florida now best state in the country to find a job
Fla. beating pre-recession job growth. Florida now best state in the country to find a job TALLAHASSEE, Fla. – Aug. 11, 2016 – After a debilitating recession from 2007 to 2009 that cost thousands of people their jobs, Florida is again among the national leaders in job creation at the halfway mark of 2016, according to the latest Economic Commentary by Florida TaxWatch. And most housing industry experts say that job increases are one of the best predictors of a strong housing market. The nonpartisan taxpayer research institute found that...
read more4 Reasons You Want to Buy a Home This Year
Are you dreaming of buying a new home but holding back because you are unsure whether it’s the right time? Strike now!Click through to learn why, with rates decreasing and rental prices soaring, now is the time to take action. If you have been sitting on the sidelines since the housing collapse, fearful of taking a chance on buying a home, the wait is over. Even with tighter credit standards, 2016 may be the best time to buy a home. Take a look at these top four reasons now is the time to find your dream home. Full Article Save Article...
read moreHome Office Design Trends for Productivity
Live and work smarter with these new design trends that will bump productivity and look good at the same time. Click through to learn how you can create a CEO-style room right in your own home. Home office design trends continue to grow and develop as the work-at-home trends themselves change. Home offices are no longer the exclusive domain of traveling salespeople or working-round-the-clock executives. Personalized setups for home productivity zones can vary from a laptop on an upcycled occasional table with a vintage overstuffed chair to an...
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