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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 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 […]
South Florida local restaurant Tap 42, just sealed the S4.5 million EB-5 loan last week. Tapco Restaurant Group, which owns Tap 43 Craft Beer Bar & Kitchen has stores in Boca Raton, Fort Lauderdale and will open Coral Gables gastropub at 301 Giralda Avenue. Roger Bernstein, the co-founder of a South Florida based regional EB-5 […]
The 2-acre Rader Memorial United Methodist Church at 205 NE 87th St. was purchased by Group 10 Capital Management last February for $3.2 million. Developers Seth Gadinsky and Sam Soriero intend to convert the former Methodist church and elementary school to an affordable mixed use building. They guarantee that the rent will still be affordable […]
According to Miami property management, South Miami commissioners and staff are currently negotiating the price for the City Hall. Some residents however are reluctant to part with their City Hall. Steven Alexander, the City Manager mentioned that over the past two years, several different entities have expressed their interest in the property. Oxford Group Holdings […]
Cushman & Wakefield reported that both Palm Beach and Miami-Dade Counties are included in the top 10 nationwide in demand for office space and rent growth for the first quarter of 2016. From January until March, Miami-Dade County ranked second and consumed 907,000 square feet for office space, just behind Metro Denver’s 909, 000 square […]
Florida property management believe that the likelihood that South Florida homes will depreciate is narrow. Reports from Arch Mortgage Insurance Co. show that in a span of 3 years, the chances that Palm Beach County homes will have lower market values is only 3%. Both Broward and Miami-Dade counties as well as 22 other areas […]
Developers and mall operators are planning to renovate and develop open-air shopping centers all over South Florida. Although the timing appears to be strange, due to the economic crisis in China, Europe and Latin America, experts believe that Miami’s market is strong and will be able to withstand the fears of oversaturation when the projects […]
Turyap, the pioneer Turkish real estate firm has opened its first franchise in Miami. Turyap Miami Realty LLC is open for business and is located at Dupont Building at 169 Easter Flagler St. Hilal Borque who originally hailed from Turkey opened the first franchise in the United States. Borque is an insurance claims professional who […]
During the 2016 Real Estate Trends event held last January, Jonathan Smoke, the chief economist of realtor.com announced that Florida is projected to become one of the hottest spots in the United States. The demand is rising, there is positive gains in recovery, good fundamentals and a positive momentum. Smoke also said that the national […]
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