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February 18, 2013
A few years ago most luxury home sellers knew they weren’t going to get the asking price of their home. Today, it’s a very different story. On a national scale the average home sold for 98.3 percent of the asking price this December, according to the Palm Beach Post.
February 14, 2013
Miami Heat President Pat Riley’s home that sold last year for sixteen million and eight hundred thousand is an example of a new trend in luxury real estate. Buyers are purchasing million dollar properties then tearing them down and starting over with better materials and a larger floor plan.
February 8, 2013
The Mansions at Acqualina luxury oceanfront penthouse is the most expensive penthouse in the country, according to a national market report by the Real Deal. The Penthouse takes luxury to a level we may not have ever seen before.
February 7, 2013
Alan Faena, a prominent Argentinean hotelier and real estate developer, has made it his mission to revolutionize South Miami’s beachfront. His starting point is the Faena House Residences, a luxury oceanfront condominium building on Collins Avenue.
February 5, 2013
This past December Manuel Grosskopf and his father Sergio Grosskopf launched construction on their first U.S. project, the Chateau Beach Residences, a luxury oceanfront condominium tower located in Sunny Isles Beach.
February 1, 2013
We have seen significant improvements in the luxury waterfront real estate market over the past year from Miami Beach to Palm Beach. Oceanfront condos and estate sales have gone up considerably and sale prices have increased as well. It isn’t always easy to predict the future of the real estate market but things are definitely looking up.
January 30, 2013
It was hard to tell the end of last year whether waterfront condos and estates were going to continue to go up in sales and sell at the same rate or not. Many luxury buyers were waiting to see how things were going to turn out in Washington before they decided to buy another property.
January 25, 2013
We are seeing an increase in luxury waterfront real estate developments and sales in Palm Beach County this year. New waterfront buildings are going up and luxury properties have been selling quickly.
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