As the summer heats up, luxury homes in Miami continue to be a hot commodity. According to a report released by the Miami Association of Realtors, the total luxury sales ($1 million and above) were up 24 percent year-over-year in May 2018. Luxury condo sales boasted the largest increase with a 58.6 percent gain. Notably,…
When you’re ready to sell a luxury home, it’s important to understand that potential buyers may be just as discerning as you are when it comes to understanding the market trends and considering high-end homes for purchase. Creating a home environment that appeals to the buyers you are targeting is one of the ways that…
Hurricane season is here until November 30th. Therefore, it’s important to take note of some crucial information about homeowner’s insurance, especially when purchasing a South Florida home this summer. Check Your Policy & Deductible Make sure your policy covers the full value of your home and not just a percentage. Additionally, check your deductible to…
The Miami-area has some of the most amazing real estate options for primary or secondary homebuyers and investors in the world. Along with arguably the most beautiful neighborhoods in South Florida, living in Miami-Dade County offers residents a lifestyle full of year-round golfing, sailing, boating, beach life, nightlife, luxury shopping, dining, and natural parks. Whether…
The Miami luxury home market is having a fantastic 2018 and is continuing to prove to be strong through mid-year. With the new tax laws in place, many buyers are considering choosing a luxury home in Miami over homes in much higher taxed states, providing a flood of potential new buyers into the market. Sales…
When you buy a beautiful luxury house in South Florida, you want to make into a special home for you and your family by customizing it to fit your desires. Whether you are traveling regularly, or if you prefer to stay local and use the amenities you have available in your own backyard, your luxury…
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…
Living in South Florida is hot, hot, hot right now, and we aren’t just referring to the summer temperatures. With one of the most coveted real estate markets in the world, it’s no surprise that the luxury market in our piece of paradise is growing in popularity every day with foreign and domestic buyers alike.…
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…
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…
With the spring real estate season in full swing, many potential homebuyers are anxiously anticipating what the market may do with regards to mortgage rates and are weighing their options for the right time to buy. Though interest rates can fluctuate regularly, there are some signs pointing to the fact that we are in the…
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…
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