Category: Ross Report

Miami is Still an Inexpensive Luxury Market Compared to Worldwide Markets

Miami is Still an Inexpensive Luxury Market Compared to Worldwide Markets

May 24, 2018

According to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS), Miami luxury home sales surged 12.3 percent in Q1 2018 as median prices rose for the 25th consecutive quarter. The Miami luxury market is hot, and one of the reasons for our surge in popularity is that we are still an inexpensive

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Tech Industry Could Boost Miami’s Housing Market

Tech Industry Could Boost Miami’s Housing Market

May 14, 2018

When most people think of Miami, the first thing that comes to mind isn’t usually the city’s prominence in the tech industry. However, Miami-Dade, Broward and Palm Beach counties are home to 8,167 technology businesses, the 12th highest in the country according to Census data by Computing Technology Industry Association. With growth of the industry on the horizon, it could

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Homebuyers are Undeterred by Rising Interest Rates

Homebuyers are Undeterred by Rising Interest Rates

April 27, 2018

Despite the recent increase in interest rates and the new tax hikes set in place at the end of 2017, home sales were higher than expected early this year, according to the National Association of Realtors. In the luxury home market sales were up 19 percent from a year ago. Few Concerns from Buyers With the prediction of interest rates

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What Rising Interest Rates Mean for Miami’s Real Estate Market

What Rising Interest Rates Mean for Miami’s Real Estate Market

April 16, 2018

The Federal Reserve recently raised key short-term interest rates and maintained the current forecast for three hikes this year. The rising rates not only signals a strengthening economy, but it also has specific meaning for the real estate market. Buy Sooner Than Later to Save on Mortgage Payments With rates rising, the best time to buy a home and save

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Miami Luxury Home Sales Rise in February 2018

Miami Luxury Home Sales Rise in February 2018

April 2, 2018

The Miami luxury condo and home market is experiencing a period of demand, according to the Miami Association of REALTORS® and the Multiple Listings Service (MLS) system. Miami existing condo sales rose for the fourth consecutive month in February of this year while luxury condos priced at one million and up saw an increase in sales of 31% from 116

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Top Luxury Interior Home Design Trends of 2018

Top Luxury Interior Home Design Trends of 2018

March 14, 2018

Every year we see new interior design trends come into the luxury market and 2018 is the year of maximalism. For fashionable, chic interiors think of bold colors, mixed finishes, lots of texture, geometric patterns, and accessories. Here are a few ways you can incorporate this year’s hottest home interior design trends. The Glamour of Art Deco Art Deco-inspired décor

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3 Ways to Stage a Bedroom for Different Buyers

3 Ways to Stage a Bedroom for Different Buyers

February 20, 2018

When preparing to sell a home, one of the top items on my priority list is making sure that it is properly staged. Staging can have a profoundly positive impact on the purchase price. Many people focus on staging the common areas, but it’s equally important to stage the bedrooms to help buyers see how the entire home can fit

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3 Things to Know About Miami Property Tax Payments in 2018

3 Things to Know About Miami Property Tax Payments in 2018

February 1, 2018

Owning a property is a financial commitment that takes proper planning. One annual expense that’s guaranteed is property taxes. It’s imperative that homeowners in Miami are aware of their responsibility in paying these taxes appropriately and on time. Here are three important factors to know about property taxes in Miami. Tax Year and Annual Notices The tax year runs the

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Florida Homestead Exemption Overview

Florida Homestead Exemption Overview

January 18, 2018

It’s the beginning of the year and financial planning is on everyone’s minds. In Florida, property owners are eligible for discounts on their property taxes based on their homestead qualifications and property ownership status. Here are a few points to keep in mind about Florida’s homestead exemption. 1. Qualification All legal Florida residents are eligible to apply for homestead exemption on

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Build Your Luxury Home Gym in 2018

Build Your Luxury Home Gym in 2018

January 5, 2018

We’re at the start of another New Year, and it’s time to focus on those resolutions for 2018. We know a popular goal for the beginning of the year is to get that body in shape. If you are a busy homeowner, bring the gym to you. Here are the essentials that you need to build your own luxury home

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