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South Florida Real Estate Blog

Zillow Looking to Raise $650 Million Via Public Offering for Company Expansion

June 28, 2018

The Seattle-based listings giant, Zillow released their regulatory filing statement on Wednesday. In it, the company stated they are looking to raise $650 million via concurrent offerings - $325 million in stock and $325 million in convertible bonds.

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Miami will be Home to the Largest and Most Expensive Mall in the Nation

June 25, 2018

It has been said the days of the shopping mall are over. Yet, while brick and mortar shopping centers are struggling to stay open, the developers of American Dream Miami are moving forward with their plans to build the nation’s largest and most expensive megamall to South Florida. American Dream Miami should not be considered your average shopping mall or even megamall. The 174-acre site will have more in common with a theme park than a traditional shopping center.

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Elysee Miami Begins its Vertical Ascent with a Massive 20-Hour Concrete Pour

June 21, 2018

A new milestone in the early life of the iconic telescope-shaped Elysee Miami has been reached. After breaking ground back in December of 2017, the striking 57-story waterfront condo tower set to rise in Miami’s Edgewater neighborhood began its vertical ascent with a massive concrete pour.

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Canvas Miami Shows Unique Amenities Including a Dog Park in the Sky

June 18, 2018

Canvas Miami is a luxury residential condo tower soaring 37 stories above Miami’s Arts and Entertainment District. As the nearly all-glass tower is heading toward completion, the developers have shared new images of the luxury amenities including a dog park in the sky and the vividly painted hallways that give Canvas Miami its art-inspired name.

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Fed Raises Interest Rates and Signals More Increases to Come

June 14, 2018

On Wednesday, the Federal Reserve raised interest rates and signaled that at least two more increases could be on the way later this year. Fed chairman Jerome Powell, in a news conference Wednesday, said the U.S. economy had strengthened enough for borrowing costs to rise without choking off economic growth. He noted that the economy had strengthened significantly since the financial crisis of 2008 and was approaching a normal level that could allow the Fed to step back and play less of a role in encouraging economic activity.

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Douglas Elliman Launches New “Douglas” Platform Tool for Agents

June 11, 2018

Douglas Elliman Real Estate is continually looking for new and innovative ways to help their agents. They work to enure Elliman agents are the best and most well-equipped real estate professionals in the industry. So, in an attempt to look forward and stay ahead of the ever-changing technology race within the brokerage world, Douglas Elliman has launched “Douglas”.

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A New City is Being Proposed Between Aventura and North Miami Beach.

June 7, 2018

A special election is being held this November to decide if a section of Northeast Miami-Dade could become its own city. If residents vote in favor, the section of land between Aventura and North Miami Beach would be authorized to exit from the county's municipal services and taxing structure. Miami-Dade commissioners approved the special election on Tuesday, allowing the 20,000 residents of Highland Lakes, Skylake and the previously incorporated Ojus, a say in the outcome.

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The Current Real Estate Market is Tough, but Prospective Buyers Aren’t Giving Up

June 4, 2018

It is no secret the housing market has been tough for quite a long while now. In fact, according to the National Association of Realtors, the listings for homes for sale have dropped year-over-year for 34 consecutive months. Yet, according to the most recent Housing Trends Report, prospective home buyers aren’t giving up on looking for a new home.

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