International Buyers of Miami Beach Real Estate; Miami Beach Real Estate values have been dropping for the last 18 months. What we see is high inventory and a good selection everywhere. I believe that besides each market being “local,” we will soon see another local separation between the Beaches and the mainland of Miami. While […]
Archives: December 2007
Looking at Sunny Isles ‘Sale Price to List Price Ratios’
Let’s look at Sunny Isles Beach’s buyer discounts, known as the sale price to list price ratios. Recently I decided to work with a serious foreign client who needed a lot of education. I informed him of today’s inventory, value, and location advantages. After previewing many condo units with the buyer, the ultimate decision was […]
The Lexi Condos North Bay Village
$175M Sale Sets New U.S. Residential Sales Record
Most expensive property for sale in Miami Beach real estate: $32 Million (December 2007) $175 million sale sets new U.S. residential sales record. The U. S. housing market overall may be suffering from the doldrums, but wealthy home buyers continue to invest in homes at the very top of the market. Evidence of the strength […]
Trump Tower I Sunny Isles Beach Closings to Occur 1Q 2008
Trump Tower I Sunny Isles Beach closings to Occur 1Q 2008! In determining value at Trump Tower I, from a Banks perspective, they will send out someone who may or may not even know the local market. They research similar units in the same tower that have already closed and consider floor height, view direction, […]
St. Regis Resort of Bal Harbour Real Estate
St. Regis Resort of Bal Harbour Real Estate is the talk of the town. St Regis Resort & Residences of Bal Harbour real estate has commenced excavation. The St Regis Resort of Bal Harbour will consist of three towers. Each tower stands at 20+ stories, located at the previous Sheraton Hotel across from the infamous […]
The Lexi North Bay Village Is Now a Reality
The Lexi North Bay Village Is Now a Reality! The Lexi of North Bay Village real estate has now opened its doors. Closing over 55 units, we now have unique, oversized loft-style condos with exceptional views. The views vary from the Downtown Miami skyline and Biscayne Bay. What’s great for our North Bay Village community […]
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