September 20, 2013
The real estate market in Broward County continues to sizzle. In August, the median home price increased 26 percent from August 2012. It was the ninth consecutive month that the median price rose by more than 20 percent.
September 18, 2013
The economy in South Florida is growing at 3.5 percent, with real estate being the largest contributor to growth. The 3.5 percent increase was the largest since 2006 and well ahead of the national metropolitan average of 2.5 percent.
September 16, 2013
The luxury real estate market in Miami Beach is sizzling. Luxe Miami Beach homes (500,000 dollars and up) are selling quicker and in greater numbers. According to a recent report, the number of closed home transactions rose 38 percent in the year ending August 31, and the number of closed condo transactions rose 21 percent in the same time period.
August 22, 2013
The Miami real estate market continued to thrive in July. Driven by limited supply and high demand, more single-family homes were sold in July since the peak of the 2005 housing boom.
August 20, 2013
With all the new luxury condominium developments set to rise in South Florida, it comes as no surprise that residential construction in the area continues to show increases. Construction data for July and 2013 both show sustained strength in the residential sector.
August 16, 2013
The average sales price for high-end single-family homes and condos in Miami Beach rose over the year, according to a recent report. The Miami Beach luxury real estate market also saw an increase in sales, with 826 condos and 304 homes sold since August 1, 2012.
July 26, 2013
Condominium developers in South Florida have been extremely busy lately. Starting in October of last year, developers have proposed an average of approximately 1,000 new units per month.
July 22, 2013
Like Miami, Broward County home sales have been extremely active. The county saw a double-digit increase in the median price of single-family homes and condos in June, on a year-over-year basis. Single-family home sales also increased, despite the continuing property shortage.
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