Miami Archives - Page 13 of 16 - Rava Realty

Single-family houses may be hot, but luxury condos are selling better than you think

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The pandemic might have driven some buyers out of towers and into single-family houses. But recent sales are proof that for many luxury buyers, condos are still the way to go in South Florida.

The luxury-condo market was oversupplied even before this year. Once pandemic restrictions began, Realtors were forced to go virtual. To attract buyers, they added incentives and dropped prices.

The sales team behind Armani/Casa is offering gift cards worth $25,000 for home buyers to purchase furniture from Armani/Casa, said ...

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8 Questions To Ask as You Search for an Apartment During the Coronavirus Pandemic

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  1. Can you show me the apartment live? Since you cannot tour the apartment in person, the next best thing is a live video tour.
  2. Can you send me the floor plan? If an apartment is already occupied and a live viewing is not possible, request a floor plan.
  3. What is the closet space like? Ask for the measurements of each closet and get photos, if possible, for a better idea of the closet layout.
  4. Where are the services (supermarkets etc.) located in relation ...
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Condo Sales Volume Plunges in Miami-Dade

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Condo sales volume dropped by more than $20 million last week.
A total of 49 condos in Miami-Dade County sold for $30 million last week. That’s compared to 47 units that sold for $54 million the previous week. Condos last week sold for an average price of about $616,000 or $362 per square foot.

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How to handle a negotiation during Coronavirus Era

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You’ve been able to find your perfect house even during the pandemic and you’re now ready to make an offer, congratulations! Here is some advice on how to prepare an offer without expecting surprises.

1. How low can you go?

Not as much as you would think.

“Banks have rolled out mortgage forbearance programs, so most sellers are not in immediate danger of losing their home, even if they just lost their job or their income has been significantly cut,” says Caleb Liu, ...

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Condo sales fall in Miami-Dade

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Condo sales in Miami-Dade County began to drop last week.

A total of 61 condos sold for $41.5 million last week, amid the coronavirus pandemic. That is compared to 102 units that sold for $54 million the previous week. Condos last week sold for an average price of about $680,000 or $397 per square foot.

The most expensive closing was at Fendi Chateau Residences in Surfside. Unit 806 sold for $6.9 million, or $1,538 per square foot, after 510 days on the ...

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Miami-Dade orders all non-essential businesses closed due to coronavirus

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Miami-Dade Mayor Carlos Gimenez has expanded his order of businesses that must close — and those that can remain open — during the coronavirus pandemic. All malls and casinos will have to shut down. Construction sites, hotels and banks can remain open.

Medical facilities, grocery stores, gas stations and restaurant kitchens can stay open for pick-up and delivery. The announcement is effective Thursday at 9 p.m.

Gimenez ordered all non-essential ...

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