This storied estate was once the Miami Beach home of Cher, with a layout that embraces all of the grandiose drama you would expect from a superstar of her caliber, yet meticulously upgraded to reflect an ambiance of quiet luxury…
Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can also be a bit overwhelming. This is where a skilled real estate agent can make all the difference.An article from The Mortgage Reports sums it up like this:“Your Realtor or real estate agent will be key to helping you navigate this process. . . . they can guide you through construction and help anticipate and solve for any possible snags along the way.”Here’s...
With the price set at $16.2 million, or $3,333 per square foot, the Cipriani Miami Penthouse is a trophy property that represents a record-setting transaction for the area…
Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.You may have heard inventory is low right now, but you may not fully realize just how low or why that’s a perk when you go to sell your house. This graph from Calculated Risk can help put that into perspective: As the graph shows, while housing inventory did grow slightly week-over-week (shown in the blue bar), overall supply is still low (shown in the red bars). Compared to the same week last year, supply is down roughly 10% – and it was...
For 2023, there are a record 208 local restaurants participating in Miami Spice, which runs from August 1 – September 30 each year. These are the participants who have received either a Michelin Star or a Michelin Bib Gourmand…
If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than you think.According to the latest Equity Insights Report from CoreLogic, the average homeowner has more than $274,000 in equity right now. That much equity can help you achieve certain goals. In a recent article, Bankrate elaborates: “While the pandemic created serious challenges, the silver lining for anyone who owned a home was...
The Grandview Condominiums is a gorgeously-renovated waterfront 3-bedroom condo with spectacular views of the Atlantic Ocean, Intracoastal Waterway as well as Miami Beach. It is a very remarkable property that is offered for $995,000…
Sources have revealed that Ugo Colombo has teamed up with Fort Partners to bring the Four Seasons Coconut Grove at the location owned by CMC Group at 2699 South Bayshore Drive, according….
In a groundbreaking deal, The Shore Club Residences at 1901 Collins Avenue in Miami Beach has landed an incredibly difficult construction loan for their new waterfront super-luxury tower. The loan is valued at $430 million and is based upon developer reputations, buyer liquidity and sales.
Some HighlightsWant to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.