market Archives - Page 5 of 11

Work to begin on Miami Beach’s Tallest Building

Terra, GFO Investments and New Valley plan to break ground this month on Five Park, a 48-story, roughly 280-unit tower at 500 Alton Road that will become the tallest building in Miami Beach at 519 feet upon completion in 2023.

Five Park will feature two-, three- and four-bedroom and penthouse condominium and multifamily units. “Building amenities,” the press release said, “will include an amenity deck with tw2o swimming pools, a restaurant, sunset viewing lounge areas, a resort-style spa, and a state-of-the-art ...

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22
JUN
2021

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519, Arquitectonica, beach, building, condo, dade, feet, five park, florida, investment, investors, market, Miami, real estate, residential, south florida, tallest

Powerful new rush of buyers sends housing prices soaring

Posted by: Riccardo Ravasini

So far in 2021, residential real estate experts are reporting a powerful new wave of buyers, increasing the demand on an already low housing inventory throughout Miami-Dade County.

The powerful new wave of domestic buyers, purchasing more expensive primary residences and second homes with longer stays, is a also direct result of the pandemic catapulting the remote working trend, tax reform creating tax refugees, Florida’s no state income tax, and the influx of technology and finance companies; not to mention the quality of ...

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18
JUN
2021

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2020, 2021, average sales price, condo, covid, demand, florida, inventory, market, median sales price, Miami, miami beach, prices, real estate, recovery, soaring, south florida, transaction volume

Miami-Dade April2021 New Signed Contracts

Posted by: Riccardo Ravasini

“Single family and condo new signed contracts combined have roughly doubled annually for the third consecutive month. New inventory for single families and condos has increased year over year for the first time in twelve months of tracking as seasonal patterns return.”

(source: millersamuel.com)

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28
MAY
2021

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2021, april, condo, contract, contracts, dade, market, Miami, real estate, sales, single family, south florida, states, stats, USA

Manhattan Sale Contracts – April 2021

Posted by: Riccardo Ravasini

“New signed contracts for all three property types combined expanded annually for the past three months. The new signed contract gains were significantly larger for this March and April because the year-ago period marked the early days of the pandemic lockdown. New inventory jumped annually for the most recent two months for the same reason.”

(source: millersamuel.com)

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27
MAY
2021

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2021, april, city, contracts, covid, manhattan, market, new york, real estate, recovery, sales, signed

Manhattan Rental Report – April 2021

Posted by: Riccardo Ravasini

The activity is picking up big time but there is still a huge amount of inventory to be absorbed.

April 2021 saw the largest number of new leases ever recorded, encouraged by the continuous price drops.

There were 9,087 New Lease Signings by the end of April, nearly seven times more than the same period a year ago, ...

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21
MAY
2021

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2021, april, city, concession, days on market, effective, inventory, lease, leases, market, median, net, new york, number, record, rent, rental, states, update, updates, USA, vacancy

Manhattan Sales Report 1Q 2021

Posted by: Riccardo Ravasini

Let’s take a look at closed sales in the first quarter of 2021.

Manhattan has finally joined the real estate party that the wider tri-state region, and also most markets in the USA, have been experiencing since the summer.

Manhattan lost more residents than the other boroughs during the pandemic ...

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16
APR
2021

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1, 1Q2021, 2021, average, buyers, days on market, demand, discount, first, first time, inventory, listing, manhattan, market, median, new york, new york city, price, q, quarter, real estate, sales, square foot, supply, update, USA

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