Blog Posts in October, 2015

  • Residential real estate market getting stronger in America

    The housing market in the United States, including in Florida, appears to be strong these days. Mortgage applications continue to climb in number, and homebuilder confidence has returned to the level it was at 10 years ago. As a result, residential real estate is being developed at the quickest pace since the beginning of the last recession. The strengthening of the housing market is contributing ...
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  • Buying residential real estate is cheaper than renting in Florida

    In South Florida, buying a house appears to be more financially beneficial than renting one for millennials. This is because buying residential real estate is 43 percent less costly than renting one in the Miami-Dade County area. Purchasing a house is also 44 percent less expensive in Broward County. In the Miami-Dade area, the median rent currently stands at $1,955. Some individuals may be ...
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  • Spa retailer to occupy commercial real estate property

    A new retailer of spa, makeup and skin care products will debut in Central Florida in 2016. The company, called Bluemercury, will occupy commercial real estate spanning more than 2,200 square feet. It will become a part of one of the most well-known shopping districts in the region. Bluemercury, which has ties to Macy's, already has stores in Jacksonville and Tampa Bay. Macy's acquired the spa and ...
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  • Residential real estate price increases slowing down in Florida

    Home prices continue to rise in the area of South Florida. Even better news is that the residential real estate price increases are starting to slow down. This means the working and middle classes in this part of the state might see more affordable properties over the next few years. The working and middle classes have essentially been locked out of Florida's housing boom up to this point due to ...
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  • Facena House residential real estate property breaks price record

    The real estate market in South Florida is steaming, but a certain recent sale is a record breaker. This residential real estate market transaction involved the Faena House, which is an 18-story luxury penthouse. The Miami Beach property sold for a whopping $60 million. The house is situated in an area known as the Faena District. This penthouse features a multitude of perks, including nine ...
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