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Category Archives: article

South Florida is not ideal for first timers

A personal financial website called WalletHub, ranked the most promising American cities for new home owners. The analysis included 19 factors which includes housing affordability, real estate taxes and crime rates. A total of eleven cities in Palm Beach and Broward counties were included in the list of 300.The lowest ranked cities includes Miami Beach […]

321 at Water’s Edge to be built in Fort Lauderdale

Last 2012, when the Florida housing market was just starting to recover, Grand Birch LLC acquired nearly an acre of property located at North Birch Road in Fort Lauderdale for only $2.45 million. The initial plan was to construct Privage, an 11 story condominium with a nice view of the ocean and the Intracoastal Waterway. […]

Oceanfront tower at Collins Avenue breaks ground

According to Miami Property Management, Fortune International Group and Château Group has broken ground on a new project at Collins Avenue. The ground breaking of the 52-story Ritz-Carlton residential tower was attended by Sunny Isles Beach Mayor George Scholl, Commissioner Jennifer Levin, Commissioner Dana Goldman, Commissioner Sergio Grosskopf of Château Group and lastly by Jeff […]

1 Hotel South Beach is for sale

Florida property management reported that 1 Hotel South Beach is being marketed for sale. 1 Hotel is a LEED-certified hotel and development which opened last year at 2341 Collins Avenue. The hotel was part of a joint venture between Sternlicht’s Starwood Capital Group and LeFrak. The 426 keys hotel includes 3 Tom Colicchio-branded restaurants, four […]

Home prices in Miami-Dade and Broward continue to increase

South Florida home prices continue to appreciate in both Broward and Miami-Dade counties. In Miami- Dade, the average sales price for existing single-family homes for this April is $285,000. It is 9.5% more expensive compared to April 2015. The average price for single-family homes for April 2015 was $260,000. Miami property management stated that although […]

Taxable properties in Palm Beach increases

Taxable properties in Palm Beach has increased for five successive years. This level of increase had not been seen since the pinnacle of the housing boom. The tax increase indicates that the market value of homes have increased. Higher taxes could also mean that the government will have a better budget. For 2016, Florida property […]

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Is Denver Pushing A Reform On Local Construction Defects?

The construction defects reform was out voted at the state-wide level last April 27, 2015 at a 6-5 vote. Senate Bill 177 aimed to provide protection for condominium developers from the threat of defects lawsuit. The senate bill if it were approved would have made mediation or arbitration the method for dispute resolution instead of […]

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Top Housing Markets For 2015

According to Auction.com, Denver sits at the top spot as the best USA housing market for 2015 for the sales of single-family homes. The ranking is based on the present and anticipated future housing fundamentals. The five markets that topped the list from the 49 biggest American markets are: Denver followed by San Antonio, Nashville, […]