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South Florida Real Estate Blog

Just Released, 2Q South Florida Elliman Market Reports – The Market is Heating Up.

July 26, 2018

Douglas Elliman just released their second quarter 2018 “Elliman Reports” for the South Florida sales markets. According to the reports, the overall assessment of the South Florida markets based on price, sales and inventory trends were considerably favorable this quarter. Standout markets were Delray Beach and Fort Lauderdale with both rising prices and sales.

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The Downtown Miami Skyline is set to Change as Okan Tower Targets a 2018 Groundbreaking.

July 23, 2018

It has been full steam ahead for Miami’s upcoming Okan Tower.  The Urban Design Review Board gave the new luxury condo development the green light in October and the project’s Istanbul-based developers have been pushing forward with their sales and marketing efforts ever since.  If all continues to move according to plan, the soaring downtown skyscraper hopes to break ground by the end of 2018.

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New Yorkers Fleeing the Tri-State Area in Favor of Lower Tax Options, like Florida.

July 16, 2018

States like Florida and Texas have been wooing businesses and wealthy residents with promise of warm weather, zero state income tax and relatively low property taxes for years. It looks like their time has finally come as the states are drawing a wave of Wall Street investors, real estate executives and other wealthy residents from New York and the tri-state area.

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Home Foreclosures are on the Rise in the First Half of 2018.

July 12, 2018

According to a new report released by Attom Data Solutions, twenty-two U.S. states posted increases in the number of new foreclosure filings for the first half of 2018, compared to the same period a year ago. Some experts believe the loosening of lending standards may be among the reasons why some of the nation’s hottest real estate markets are seeing a rise in their foreclosures.

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Douglas Elliman Florida Celebrates the Opening of the MIMO District Office in Miami

July 9, 2018

Douglas Elliman continues its path to dominate the Florida market with the opening of a new office in Miami’s MiMo District. The historic MiMo District runs roughly from 50th Street to 77th Street along Biscayne Boulevard in Miami. The full-floor 6,000 square-foot space located at 5555 Biscayne Boulevard will house the firm’s Design District agents.

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