August 2017 - Rava Realty

Where to invest in NYC?

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New York City remains a pipe dream for the vast majority of people who flock here every year to try launching acting and comedy careers, but there are some residents who can actually afford real estate.

The investment platform Sharestates analyzed numbers for New York City to determine which neighborhoods make more sense to buy in than rent. Sharestates used calculations for return on investment, after repair value, increase in demand over the past year and median sales price for its ...

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Looking to rent an apartment in Miami?

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The good news for Miami apartment hunters is that rents haven’t gone up since the spring.

Since this spring the rents haven’t gone up that’s a good news for Miami apartment hunters. The bad news is Miami is one of the 10 most expensive cities in the U.S. for renters.

Zumper report says Miami Beach is one of the priciest parts of town, with the median rent for a one-bedroom reaching $2,300 in South Pointe and $2,250 in the Oceanfront area.

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Miami luxury condo sales surged in July

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Latest report by Miami Association of Realtors says sales of existing luxury condos rose 51.1 percent  year-over-year in July. The chairman of the Miami Association of Realtors said that “Sellers are becoming more realistic with their prices, especially at the top of the market.”

  • Luxury single-family home sales rose 9.6 percent year-over-year in July, from 73 to 80.
  • Existing condo sales increased 2.5 percent, from 1,104 to 1,132.
  • The median sales price was flat at $225,000.
  • Total sales volume for all properties in July ...
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