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Premier Elite Realty opens new office
Patricia Delinois, CDPE, NSFA, TRC, CSES, founder and CEO of Century 21 Premier Elite Realty, announced the opening of her company’s new office, located at 13827 South Dixie Hwy. Palmetto Bay, FL 33176 . “Miami is quickly transforming into a new global city keeping our agents busy with the increasing demand from our foreign buyers looking for stable safe real estate investments. Our international buyers find Miami as an affordable option with tremendous opportunity” said Patricia Delinois, President Century 21 Premier Elite...
read moreMiami’s Hottest Renderings 2016
There’s nothing like renderings of sleek, new South Florida projects to excite agents, buyers and consumers of South Florida real estate news during a slow point in the real estate cycle. From the tall and thin towers of Brickell and Edgewater to the bevy of renderings submitted for a (now failed) public-private partnership on a Miami Dade College-owned site in downtown Miami, architects and designers showed off their best work in 2016. Click Full Article for more details. Full Article Save Article Article Feedback Share...
read moreWith 2017 Approaching, South Florida’s Real Estate Market Is Still Kicking
Keeping up with South Florida tradition, a number of big-dollar real estate deals have marked the last few weeks of the year. Starting with a major step forward for the $2 billion Miami Worldcenter project, developers CIM Group and Falcone Group scored a hefty construction loan for the project’s 444-unit apartment complex. The $89 million loan will fuel construction of the development’s east tower — the first phase of the Seventh Street Apartments, a two-tower rental community near Northeast First Avenue and Northeast Seventh...
read moreMiami Beach Convention Center renovation speeds up
The entire west side of the Miami Beach Convention Center is getting replaced as the renovation and expansion of the facility speed up heading into the first quarter of 2017. No events will be held at the center until late May, and work will continue for months after it partially reopens. The $600 million redo remains behind schedule after planning, permitting and design changes slowed work earlier this year. The contractor, Clark Construction, is expected to submit a plan to recover lost time in the coming weeks. Meanwhile, construction work...
read moreHomeowners 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...
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