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South Florida Real Estate Blog

Lenders Are Backing Luxury Condo Projects in South Florida

September 27, 2013

The proof continues to roll in; the real estate market in South Florida is recovering. The Porsche Design Tower Miami just received a 214 million dollar construction loan. It is the largest loan for a new condo project in South Florida since the real estate crash.

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South Florida Condo Prices Continue to Rise

September 23, 2013

South Florida condo prices rose again in August. Robust demand and limited inventory continue to drive condominium prices in Broward and Palm Beach Counties higher.

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Broward Real Estate Market Remains Hot

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.

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Real Estate is the Top Contributor to Economic Growth in South Florida

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.

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More Gains in Luxury Miami Beach Real Estate

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.

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Sales for Beach House 8 Launched

September 13, 2013

Presales for ultra-luxury condos in Beach House 8 have begun. A lavish, boutique development, Beach House 8 will include 8 exquisite oceanfront condos in Miami Beach.

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Miami Developers Cater Services and Amenities to Wealthy Globetrotters

September 11, 2013

For real estate developers in Miami’s ultra-luxury market, lavish amenities and exceptional services are required if they wish to attract super wealthy homebuyers. In the current market, developers can no longer just build a luxury condo tower; they have to provide services and amenities to make their project standout from others.

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Proposed 6747 Collins Avenue Tower Named The Bath Club Estates

September 9, 2013

Developer Don Peebles’ proposed condo project at 6747 Collins Avenue in Miami Beach will be known as The Bath Club Estates. The developer built The Bath Club condos at 59th and Collins in 2005.

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