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 possible ever. Many of Miami Dade’s condo properties and homes witnessed a 25 percent increase in their overall value […]
Voters have said yes on Amendment 1. Realtors around the state expect buyers and sellers’ pent up housing demand to generate an immediate increase in home sales following passage yesterday of Amendment 1, which allows buyers to now take their Save Our Homes tax savings with them when they move. “People who buy now are […]
So what is selling these days in Miami Dade County? Everyone is asking… We will review the sales of Sunny Isles real estate along with Miami Beach FL real estate to see what buyer’s are finding as HOT buys along the ocean.. Sunny Isles oceanfront condos have 6 closed this month worth reviewing. Acqualina, Ocean One, Oceania I, […]
Three sections of our City are well underway with Capital improvements. North Beach and South Beach have various stages of construction and there’s more on the way. Eighty percent of Miami Beach FL real estate improvement projects are ahead of schedule, so it won’t be long before you can enjoy new and improved streets, drainage, […]
Want to have a positive cash flow with the minimum 20% down? Today’s $1M investment (3BR at 2400 Sq Ft) will return around $6,000 in monthly rental income. When you take into account Taxes $1,500 and a Maintenance fee (Ave.) $1,200 with today’s interest rate at 5.75% (Principal & Interest) at $4,700 totals $7,500! The Miami Beach investor is […]
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 seller’s are only accepting 5 to 10% off the asking prices. What about 30 to 40 cents on the dollar? Where are the foreclosures, bank-owned and desperate seller’s the media […]
Florida Real Estate Forecast 2008. Flattening and Recovering in the Coming Years? A new report from the Attorneys’ Title Insurance Fund Inc. finds that Florida’s housing market slowed in 2007 in nearly every county it analyzed. The report also showed that real estate markets flattened out in the spring of 2007 before the subprime mortgage […]
Florida doesn’t follow tourism trends; it makes them. So, it’s no surprise that Tourism and Spa Life in Miami Beach, one of the fastest-growing branches of tourism, is booming. More than 100 major resort spas have sprung up throughout the state, appealing to a range of tastes, budgets, and lifestyles, from clothing optional to black […]
Miami Ranked First for Business Start-Ups! With its dynamic business climate, the Miami metro area ranked first in the country on the 2007 Kauffman Index of Entrepreneurial Activity. This annual study measures business start-up activity across the United States. IEC expects the Miami-Dade area to rank near the state’s top per capita personal income level, […]
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 […]
Most expensive property for sale in Miami Beach FL real estate: $32 Million (December, 2007) 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 of the luxury home segment was revealed […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • Ashton@miamidreamrealty.com
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