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August 2018 Blog Posts (9)

Nationwide rents remain largely flat during August: report.

In the battle of West Coast versus East Coast, one might say the former just added another notch under its belt.

The price for a one-bedroom in Santa Ana, located in Orange County, climbed 3.4 percent, knocking Miami off the list of the top 10 most expensive places to rent, according to a new report from Zumper.

Otherwise, rents remained relatively flat nationwide last month, with one- and two-bedroom units rising just 0.1 percent since July. On average, rents for a one-bedroom…

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Added by Lazaro Lopez on August 31, 2018 at 7:07am — No Comments

U.S. Housing Market to Become a Buyers Market in 2020

According to the 2018 Q3 Zillow Home Price Expectations Survey, U.S. home sellers will continue to hold more negotiating power than buyers for the next 18 months.



The quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 real estate economists and experts for their predictions about the U.S. housing market, including when they expect the market to favor homebuyers over sellers.



Annual home-value…

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Added by Lazaro Lopez on August 30, 2018 at 7:07am — No Comments

Strong Job Growth in U.S. Driving Up Office Asking Rents

According to Transwestern's second-quarter 2018 national office market report, continued improvement in the U.S. office sector was due in large part to a strong jobs market with remarkably low overall unemployment of 3.9 percent, and a 1.6 percent annual growth rate in office-using employment.



For the second quarter, office absorption totaled 18.8 million square feet, vacancy remained stable at 9.6 percent, and average asking rents increased by 3.4 percent…

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Added by Lazaro Lopez on August 16, 2018 at 8:40am — No Comments

Florida's Housing Market: Sales, Median Prices, New Listings Up in 2Q 2018

Second-quarter 2018 saw increased sales, higher median prices and more new listings for Florida’s housing market, according to the latest housing data released by Florida Realtors®. Many local markets continued to report a lack of for-sale inventory, which impacts sales and puts pressure on rising median prices. Closed sales of single-family homes statewide totaled 80,711 in 2Q 2018, up 1 percent from the 2Q 2017 figure.

“During the second…

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Added by Lazaro Lopez on August 15, 2018 at 9:04am — No Comments

Miami Condo Sales Takeoff in Mid 2018!

According to the Miami Association of Realtors, Miami-Dade County existing condominium sales surged 5.6 percent in 2Q 2018 as median prices for all properties rose for the 26th consecutive quarter.



Miami condo transactions jumped 5.6 percent, from 3,818 in 2Q 2017 to 4,033 in 2Q 2018. Miami existing single-family sales decreased 2.6 percent, from 3,882 to 3,782. The change is due to a lack of single-family home inventory in lower and mid-price…

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Added by Lazaro Lopez on August 12, 2018 at 9:37am — No Comments

Building a New Construction Home in Miami? How Much Does It Cost?

Deciding to build a home is exciting—it's no wonder that more than 1,000,000 new residences are projected to go up this year. Still, if this thought has crossed your mind, you have also probably wondered: How much does it cost to build a home, anyway?

According to data from the …

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Added by Lazaro Lopez on August 9, 2018 at 8:00am — No Comments

The week in luxury: A map of Miami-Dade’s priciest condo sales

Condo sales in Miami-Dade rose last week, led by a sale on Fisher Island.

Condo sales totaled 173 closings for a combined $63.2 million, 49 units and about $15 million more than the previous week. Condos last week sold for an average price of about $365,000 or about $300 per square foot.

The priciest…

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Added by Lazaro Lopez on August 9, 2018 at 7:01am — No Comments

Keystone Point North Miami Real Estate58 homes for sale.

KEYSTONE POINT REAL ESTATE FACTS: Total Homes for Sale: 53 AVERAGE HOME VALUES BY CITY Bal Harbour $1,043,000 Bay Harbor Islands $289,300 Golden Glades $203,600n Indian Creek - Miami Beach $383,700 More For more information, or for a FREE HOME EVALUATION, call: (786) 525-9430. Lazaro Lopez, PA Fortune…

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Added by Lazaro Lopez on August 8, 2018 at 2:58pm — No Comments

DEVELOPERS AND DREAMERS EYE DOWNTOWN’S WATERFRONT...

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Miami Wave’s 550-foot-tall observation wheel would go “hand-in-hand with how Miami has evolved...waves of immigrants developing this great international destination.” MiamiEye Development Group

he Cuban Exile History Museum, proposed for public waterfront land behind American Airlines Arena, is in limbo.

After four…

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Added by Lazaro Lopez on August 1, 2018 at 9:55am — No Comments

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