EDITION Residences, Miami Edgewater opened for reservations in the 3rd Quarter of 2022 to an amazing reception. Those who are familiar with the brand from Miami Beach already knew what to expect from a level of service to the elevated finishes that the brand embodies…
Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below):Let’s break those reasons down and explore how they might resonate with you.1. I Want To Take Advantage of the Current Market and Make a ProfitWhen you decide to sell your house, how much you’ll make from the sale will likely be top of mind. So, here’s some good news: according to the latest data, the average...
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship between mortgage rates and a typical monthly mortgage payment:Even a 0.5% change can have a big impact on your monthly payment. And since rates have been moving between 6% and 7% for a while now, you can see how it impacts your purchasing power as rates go down.What This Means for YouYou may be...
Ora by Casa Tua has released details about FOUR new restaurant concepts that will be incorporated into the new residential tower at 1210 Brickell Avenue along with prices and initial renderings…
It’s a new development party! An impressive team of creative minds has come together with plans to construct a new 58-story tower in Miami’s Edgewater district. The condo is slated to be called The Villa, and will replace a Zaha Hadid design that was planned a few years back…
The two highest-grossing entertainment conglomerates are partnering up to bring Casadonna to Edgewater. The name “Casadonna” is clearly a nod to the location. Meaning “house of women” in Italian, the new eatery will be housed in the historic waterfront Miami Women’s Club located at 1737 North Bayshore Drive…
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market...
Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips:1. Make Sure You Give Buyers AccessOne of the biggest mistakes you can make as a seller is limiting the days and times when buyers have access to view your home. In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’...
Genting Malaysia is selling the former site of the Miami Herald offices in Downtown Miami. At least 5 bids surpass the $1 billion mark, making this arguably the highest priced development site in the United States…