February 1, 2018
According to a newly published report from Attom Data Solutions, home prices in the South Florida area are on the rise. The report, which tracks prices in 112 U.S. metro areas, found that median home prices in Miami, Fort Lauderdale and West Palm Beach went up by 8.9 percent year-over-year in the fourth quarter of 2017.
January 29, 2018
A handful of luxury high-rise residential condominium towers In South Florida have been topped off. The south tower at Auberge Beach Residences and Spa topped off at 70 percent sold. The north tower at Auberge Beach topped off a few months ago and is over 90 percent sold. Miami Worldcenter developers just topped off the first building of their massive $2 billion project. The Bristol in West Palm Beach topped off at 25 stories. Gran Paraiso at the Related Group’s Paraiso complex in Edgewater is topping off next week, according to a spokesperson.
January 25, 2018
Venezuelan developers, Alco International Group, just scored a $25 million loan to begin construction of Adagio Fort Lauderdale Beach. The new luxury boutique-style waterfront development will rise 5 stories and contain just 31 spacious condos. Alco International Group is also behind the Adagio on the Bay project in Fort Lauderdale
January 22, 2018
The highly anticipated completion of Prive at Island Estates in Miami has finally arrived. Thanks to it's stunning architecture and location, Prive is one of the most unique residential developments in Miami. Michael Neumann, the director of sales for the co-development firm BH3 stated that Prive is almost 75 percent sold out and the closings have begun.
January 18, 2018
According to Forbes, there are currently 51 billionaires living in Florida, with most of them residing in South Florida. Location and climate have always been the big sellers when it comes to luxury real estate, but Miami developers are sweetening the deal with services and amenities you won’t find anywhere else south of Manhattan.
January 15, 2018
Fort Lauderdale’s local economy has continued to grow, and with it, so has the interest in the Fort Lauderdale real estate market. Right now, investor demand and capital availability are set to increase next year, new businesses are opening and job opportunities are on the rise. What’s the cause of this phenomenal rise in Fort Lauderdale’s real estate market? Fort Lauderdale has long held the reputation of being the yachting capital of the world and a very popular tourist destination for affluent travelers. In addition, Fort Lauderdale is quickly becoming a destination for year-round luxury living.
January 11, 2018
The Winter Equestrian Festival is the largest and longest-running circuit in horse sport, running from January 10th through April 1st. The Festival is an annual 12-week show featuring competitions for hunters, jumpers and equitation. Every week is ran like its own show, starting on Wednesday and concluding the following Sunday.
January 8, 2018
Palm Beach's priciest home sales show a market trending upward with the volume of spec building suggests that trend will continue. The gold-plated Palm Beach real estate bubble shows no signs of popping any time soon, as the ultra-wealthy continue to place millions of dollars into the area.
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