Miami Beach
Real Estate News

Record Setting 49 Million Americans to Travel Over July Fourth Holiday

Record Setting 49 Million Americans to Travel Over July Fourth Holiday

The American Automobile Association (AAA) is forecast this week that a record-setting 49 million Americans are planning an Independence Day getaway this year. Read More »


U.S. Hotel Market Performance to Dip Through 2022

U.S. Hotel Market Performance to Dip Through 2022

According to CBRE Hotels Research's latest report, the U.S. lodging supply will increase at an annual pace greater than the long-run average through 2022. Read More »

7.3 Million U.S. Homes at Risk of Storm Surge Damage in 2019 Hurricane Season

7.3 Million U.S. Homes at Risk of Storm Surge Damage in 2019 Hurricane Season

More than 7.3 million single- and multi-family homes in the U.S. along the Gulf and Atlantic Coasts have the potential for storm surge damage, with a total estimated reconstruction cost value (RCV) of nearly $1.8 trillion. Read More »

U.S. Condo, Apartment Sector Confidence Weakens in Q1

U.S. Condo, Apartment Sector Confidence Weakens in Q1

Based on the National Association of Home Builders latest Multifamily Market Survey, confidence for new multifamily and condo housing in the U.S. weakened in the first quarter of 2019. Read More »


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Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated July 3, 2019 9:10 AM ET

Miami Beach Property News

Nearly 43 million Americans will start their 2019 summer season with a Memorial Day weekend getaway. Orlando top vacation destination, followed by New York City and Las Vegas

According to Florida Realtors, Florida's housing market reported more sales, higher median prices and increased inventory (active listings) in April 2019 compared to a year ago.

According to the latest housing data by Florida Realtors, Florida's housing market reported higher median prices and rising inventory during the first quarter of 2019.

According to the newly released 2018 Profile of International Home Buyers Report by the Miami Association of Realtors and the National Association of Realtors, foreign buyer activity in South Florida had a significant 23 percent spike in 2018.

According to the Miami Association of Realtors, Miami mid-market home sales and median prices for all properties increased in February 2019, reflecting demand for local properties, particularly in certain price points.

According to the U.S. Housing and Urban Development and Commerce Department, total U.S. housing starts rose 18.6 percent in January 2019 to a seasonally adjusted annual rate of 1.23 million units from a downwardly revised reading in December 2018.

The Florida Realtor Association is reporting that Florida home sales of single-family homes statewide totaled 15,526 last month, down 6.2 percent compared to January 2018.

According to the Miami Association of Realtors, uncertainty over mortgage interest rates, the federal government shutdown and the stock market may have impacted Miami-Dade total home sales in January 2019.

According to the latest housing data from Florida Realtors, Florida's housing market reported higher median prices and increased inventory (active listings) in December 2018 compared to a year ago.

Total Miami-Dade County Florida home sales increased 7 percent year-over-year in November 2018, marking the market's fifth consecutive month of year-over-year transaction gains.

Orlando held steady in 2018 as the #2 destination of choice for Florida's international homebuyers. Nine percent of all of Florida's international homebuyers opted to purchase a property in Orlando.

Florida's housing market reported more closed sales, rising median prices and more new listings in October 2018 compared to a year ago. Sales of single-family homes statewide totaled 22,272 last month, up 8.5 percent compared to October 2017.

According to the Miami Association of Realtors, total Miami-Dade County home sales surged 15.2 percent in 3Q 2018 as median prices for all properties rose for the 27th consecutive quarter.

Florida's housing market had more sales, higher median prices, more pending sales and more new listings in 3Q 2018. Closed sales of single-family homes statewide totaled 72,843 in 3Q 2018.

Over 57,002 homes in the Florida Gulf Coast with a reconstruction cost value (RCV) of approximately $13.4 billion are at potential risk of storm surge damage from Hurricane Michael.

South Florida luxury property developer BH3 is now benefitting from one of the US housing market's most significant real estate trends in 2018 -- wealthy tax reform refugees from the northeast seeking residences in Florida's luxury home market.

According to the Miami Association of Realtors, Miami-Dade County existing condominium sales surged 5.6 percent in 2Q 2018 as median prices for all properties rose for the 26th consecutive quarter.

Miami-Dade County luxury real estate sales continue to increase while lower price points experience strong demand and limited supply, resulting in price increases countywide.


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