NAR Chief Economist Miami Beach NAR Chief Economist Gives Insights & Forecasts on the Miami Beach real estate market. USA Today rates the National Association of Realtors® (NAR) Chief Economist Mr. Yun as one of the top 10 economic forecasters. Yun is ranked 5th on the list and is responsible for NAR’s real estate statistics […]
The Venetian Islands in Miami Beach are remarkable. The NY Times called me in early February to write an article on the Venetian Islands. The article went out last Friday, March 28th. Since this interview, there have been 5 closed sales this year and 5 additionally under contract (congratulations, Todd!). Another important difference is there […]
Florida Real Estate Forecast 2008 Show Florida Rebounding. This morning, I ran the stats and trends report as I did on the 20th of each month. I noticed a positive trend from February to March where inventory seems to be going down while pending & closed sales are slowly increasing. Florida Real Estate Forecast 2008 […]
Today we will compare Miami Beach oceanfront condos to Bal Harbour and Sunny Isles Beach. I’m simply curious to see the differences in selling price per square foot in various locations along the Miami Dade Beaches. We will include recent sales data and statistics in South Beach, Miami Beach, Bal Harbour, and Sunny Isles. Strictly […]
The Miami Condo Blacklist was Just Released on the High-Risk Areas of Miami-Dade County, and it’s painful to review! A new article has just been released by the South Florida Business Journal showing Bank United’s “Condo Blacklist.” These are the high-risk condo properties that this bank will not be issuing loans to now and possibly […]
Short Sales in Miami Beach and Oceanfront Short Sales Steals in Sunny Isles Beach are easily found today. This type of distressed property is noted below with details on the short sale specifics. Do you have any short sales? The question arises more frequently each month as the consumer reads a little and knows a lot. […]
The Secret to Pricing Your Home to Sell today in 2008! One factor and one factor alone dictate what your home is worth, and it’s what a qualified buyer will pay for it. A home without a buyer has no value in the Miami Beach real estate marketplace. Sure, it has value to you, the […]
Is there a billionaire strategy for real estate investing? Here’s a simple solution to investing in real estate: do the opposite as the consumer. Buy when everyone is selling and sell when everyone is buying. Most speculators easily forget this simple real estate ‘investment 101’ formula. This article informs skeptical buyers about what the elite […]
What’s Actually Selling in 2008 for Oceanfront Condos in Miami Beach? What’s selling these days in Miami-Dade County? Everyone is asking… We will review the sales of Sunny Isles and Miami Beach real estate to see what buyers are finding as HOT buys along the ocean. Sunny Isles Beach Oceanfront Condos Sunny Isles oceanfront condos […]
Are Investors jumping back into Miami Beach investment property? You bet they are! Want a positive cash flow with a minimum of 20% down? Today’s $1M investment (3BR at 2400 Sq Ft) will return around $6,000 in monthly rental income. Considering taxes of $1,500 and a Maintenance fee (Ave.) of $1,200, today’s interest rate at […]
Blood Bath in Miami Beach & Sunny Isles. Where is the bloodbath in Miami Beach and Sunny Isles… buyers want to know!? Today’s buyers are now placing frequent offers and soon find that sellers only accept 5 to 10% off the asking prices. What about 30 to 40 cents on the dollar? Where are the […]
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; It’s been quiet so far this week on rentals. Last week we brought in 2 couples. The two couples I’ve taken in really loved what your condo had to offer but didn’t return my follow-up call. The best couple was the offer at 2-3 years at a discount, but […]
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, […]
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 […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • Ashton@miamidreamrealty.com
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