Concierge

South Florida Real Estate Blog

Category: Market Updates

Miami Home Sales Set New Record

July 28, 2015

Single-family home sales set a record in Miami last month. More homes sold than any other month in history, with condominium sales also near a record high. 

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Ritz-Carlton Fort Lauderdale Begins 9-Million-Dollar Renovation

July 3, 2015

The Ritz-Carlton Fort Lauderdale is currently undergoing a 9-million-dollar renovation. Upgrades will be made to the luxury building's lobby, spa and main restaurant. It will also bring in more retail stores. All the renovations are expected to be completed by the fourth quarter of this year.

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Broward County Home Sales Increased in May

June 25, 2015

May was the best month for home sales in Broward County in 11 years. There were 1,527 closings of existing single-family homes, up 14 percent from May of last year. 

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Miami Attracts Super-Rich Foreign Real Estate Investors

June 3, 2015

Elite cities around the world are attracting foreign real estate investors looking for a safe place to protect their wealth. In 2014, these mega-rich foreigners invested about 25 billion dollars in cross-border residential real estate. Miami is currently the top destination for wealthy South Americans seeking to safeguard their fortunes.

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Brazilians Still Search the Most for Miami Real Estate

June 2, 2015

According to web traffic data, Brazil is still the top foreign country searching the Internet for Miami real estate. Brazil has topped the list 11 out of the past 12 months, with Venezuela taking the number one spot a single time. 

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Miami Home Prices Rose in the First Quarter of 2015

May 14, 2015

Miami real estate had a strong first quarter. Median sales prices of condos and single-family homes both rose, as has been the case for the past 12 quarters. 

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Prices Revealed for Final Paraiso Bay Tower

May 12, 2015

The developers of GranParaiso, the final Paraiso Bay tower, have released pricing information for the 317-unit luxury building. GranParaiso condos will start at 700,000 dollars for a 1-bedroom, 1.5-bathroom unit and rise upwards of 1.6 million dollars for a 4-bedroom, 4.5-bathroom unit.

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Miami Beach Is a Leader for Homes Sales Over 10 Million Dollars

May 6, 2015

Miami Beach ranked third for property sales over 10 millions dollars in 2014, according to a recent report. Only Beverly Hills and New York City topped Miami Beach. 

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