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Lazaro Lopez posted a blog post

Why You Should Consider Triple Net Investment Properties For Your Portfolio

Imagine what it would look like to have a multibillion-dollar company send you a check every month for the next 25 years. Is the idea of having companies like Walgreens, McDonald's, or Bank of America sending you monthly rent checks enticing? It should be — the peace of mind this could give you is likely far superior to that offered by a local or regional commercial business tenant. With a publicly traded tenant, you could look at its stock ticker to track what condition it's in.After selling a…See More
Lazaro Lopez posted a blog post

Luxury Home Sales in Miami Spike in Early 2018

According the Miami Association of Realtors, Miami luxury home sales surged 12.3 percent in 1Q 2018 as median prices rose for the 25th consecutive quarter.Total Miami luxury home sales ($1 million and up) rose 12.3 percent to 421 in 1Q 2018, up from 375 in 1Q 2017. Median prices for single-family homes increased to $337,000, a 5.9 percent increase from last year. Miami existing condo median prices rose 4.5 percent year over year to $230,000."Miami real estate continues to see major pent-up…See More
May 16
Lazaro Lopez posted a blog post

Mortgage Rates in U.S. Remain Flat in Early May

According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates were unchanged over the past week in early May 2018.Sam Khater, Freddie Mac's chief economist, says the 30-year fixed mortgage rate remained at 4.55 percent. "The minimal movement of mortgage rates in these last three weeks reflects the current economic nirvana of a tight labor market, solid economic growth and restrained inflation," he said. "As we head into late spring, the demand for purchase credit remains…See More
May 12
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Mar 29
Lazaro Lopez posted a blog post

Miami Condo, Home Sales Continue to Rise in 2018

According to the Miami Association of Realtors, Miami existing condominium and total luxury home sales increased in February 2018.Miami-Dade County existing condominium sales--which are competing with one of the most robust new construction markets in the country -- rose for the fourth consecutive month in February. Miami luxury $1-million-and-up sales jumped 31 percent, from 116 in February 2017 to 152 in February 2018.…See More
Mar 29
Lazaro Lopez posted a blog post

How To Win A Real Estate Bidding War!

How to win a real estate bidding war in today’s home buying market is a fine art. From Los Angeles to San Francisco to Boston offering a home’s asking price is just the starting point in negotiations.In Long Beach, California, Breanna LePante of Nook Real Estate recently got her client’s offer for a 1,000 square foot condominium to stand out from 21 competing offers. How did she do it? I always have my buyers write a nice letter to the seller telling them how much they want the house. I…See More
Mar 27
Lazaro Lopez posted blog posts
Mar 21
Lazaro Lopez posted a blog post

Why We Invest In Real Estate

Real estate is one of the oldest and most reliable forms of investment. From the first moment that someone created an ownership deed for a piece of property and then later sold it for a profit, it has held appeal for every would-be investor.Making the most of a real estate investment is heavily centered on the investors. There are several reasons why so many more people feel comfortable with real estate as…See More
Mar 20
Lazaro Lopez posted a blog post

Miami’s building boom: New construction trends to watch

A growing and dynamic city like Miami needs a diversified and ample housing market to keep up with demand. The city’s existing housing market is uneven: there’s tremendous inventory in certain sectors, while in others — like modestly priced single-family homes — there’s not nearly enough. The imbalance has not dampened new construction in South Florida, however, as aggressive and creative developers are working to give Miami residents the housing that is needed and wanted. Those developers are…See More
Mar 15
Lazaro Lopez posted a blog post

Home Flipping in U.S. Hits 11-Year High in 2017

Over 200,000 U.S. Homes Flipped in 2017According to ATTOM Data Solution's Q4 and Year-End 2017 U.S. Home Flipping Report, 207,088 U.S. single family homes and condos were flipped in 2017, up 1 percent from the 204,167 home flips in 2016 to the highest level since 2006 -- an 11-year high.The 207,088 homes flipped in 2017 represented 5.9 percent of all single family home and condo sales during the year, up from 5.7 percent of all sales in 2016 to the highest level since 2013.A total of 138,410…See More
Mar 13
Lazaro Lopez posted a blog post

Norwegian Cruise Line will build a futuristic new terminal at PortMiami

Royal Caribbean Cruises just hit a construction milestone with its sleek new Terminal A at PortMiami. Royal Caribbean and building contractor Suffolk celebrated in January with a party to commemorate reaching the highest construction point of the $247 million state-of-the-art terminal.The cruise terminal is slated to open in October, and will become home to massive…See More
Mar 9
Jessica Kirk posted an event

College Hoops Madness at Monty's Sunset at Monty's Sunset

March 13, 2018 at 5pm to April 2, 2018 at 11:30pm
Join us for College Hoops Madness at Monty's Sunset! We are showing ALL games on ALL 30 of our TVs with sound! $15 pitchers with a purchase of any menu item! Join us from the first game on 3/13 until the Championship game on 4/2!See More
Mar 8

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