September 30, 2016
Good news for sellers! The Miami and Fort Lauderdale real estate markets rebounded in August. Existing home sales in Miami-Dade County and Broward County were much stronger than the previous month's sales.
August 26, 2016
A group of top Chinese real estate brokers recently toured some of South Florida's most prestigious new luxury condo developments. In the past, Chinese buyers have largely been attracted to San Francisco and New York, but South Florida developers are bidding to add Miami to that list.
July 28, 2016
On Wednesday, the U.S. Treasury Department's Federal Crime Enforcement Network announced plans to expand the tracking of secretive luxury homebuyers to Broward and Palm Beach counties. The announcement came near the end of the original trial period for "Global Targeting Orders", which requires title insurers to discover and submit the names behind all-cash real estate transactions in excess of 1 million dollars.
July 25, 2016
Douglas Elliman just released the second quarter 2016 South Florida market reports covering the Miami Beach, Miami, Fort Lauderdale, Boca Raton and Palm Beach real estate markets. The reports are produced in conjunction with Samuel Miller and serve as an indispensable reference source for home buyers and sellers, the media, financial institutions, government agencies and other market professionals. The reports include an analysis of price trends, sales trends and other metrics to give readers an idea of current real estate conditions, along with historical and emerging market trends.
July 22, 2016
Existing home sales in Miami-Dade County declined again in June, further suggesting that the market has stabilized after years of unsustainable growth. However, the Fort Lauderdale real estate market, which is less dependent on foreign buyers, posted a strong month.
July 15, 2016
The real estate market in Miami and Miami Beach has slowed down significantly over the past year, but it's not crashing. According to Douglas Elliman's second quarter 2016 market report, this is actually a sign of stability.
July 1, 2016
Brits have largely favored Florida when it comes to buying real estate in the Unites States, so many have been wondering how their surprise vote to leave the European Union may affect the real estate market in the Sunshine State. From April 2014 to March 2015, homebuyers from the U.K. made 29 percent of their U.S. real estate purchased in Florida. Arizona was a distant second, accounting for only 8 percent of residential purchases.
June 28, 2016
Colombia has officially replaced Brazil as the top foreign country searching for property in South Florida. In April, Colombia registered the most searches for South Florida real estate for the fifth straight month. Prior to this, Brazil led the rankings for 13 consecutive months through June 2015. Since then, they have fluctuated between the top 2 positions, before landing at number 5 in the most recent report.
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