The following are significant Commercial Real Estate developments of the past few weeks (some reprints from South Florida Business Journal), which I believe demonstrates the long-term strength and resilience of S.E. Florida Real Estate market: Vinnci Hotels Opens in South Beach + Bentley Beach
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10/01/2007
This past week, I had the privilege of working with one of the most skilled and capable real estate attorneys in the business. She delivered one of the smoothest closings that I have ever had, and all parties involved in the transaction were thrilled! To celebrate, we went out to lunch and my te
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08/25/2007
I believe that the housing market is at the beginning of a healthy balancing process, in other words, the capitalist system of supply and demand is in the process of adjusting to economic reality. This week, I took the opportunity to check in with clients that live in the greater Miami area and
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08/22/2007
What a turbulent week it's been! There is no denying that the credit markets have been in turmoil over the past week- particularly the interest rate for jumbo loans for *well qualified* buyers in the real estate market. The good news is that the Feds have stepped in and lowered interest rates t
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08/17/2007
Recently, I have had many clients calling to ask about the latest equities market volatility and apparent panic selling that has occurred on Wall Street over the past few week (largely attributed to the troubled US housing sector). While it is true that the credit standards have tightened over t
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08/10/2007
Miami Beach Update- Summer, 2007 Miami Beach especially continues to draw strong interest from retirees, baby boomers and second-home buyers, pointed out Allan Kleer, PA, leader of the TheKleerTeam based out of Fortune International Realty in Miami Beach. "The wave of speculative investors seek
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08/10/2007
There are many signs that Miami’s general real estate market continues to thrive despite the sales trend toward a “buyers” market. We have found that properties that are priced right, and have the potential for additional value for their future owners, continue to sell in both the residential a
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08/10/2007
The resilience of the U.S. economy and commercial real estate markets continues to overshadow negative headlines about housing and geopolitical tensions. Low unemployment, rising wages, and strong corporate profits have helped offset the slowing housing market so far. We're beginning to see const
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06/07/2007
When the nation's home prices were booming, Florida led the way. Now, with the housing market in a slump, the state is taking the lead in tackling one of the boom's more onerous legacies: sky-high property taxes...
06/07/2007
"Motivated" sellers are flooding online forums like Craigslist with advertisements for condo units still months or years from being finished. And lawyers have been inundated with calls from people hoping to avoid closing on units they bought during the speculative craze of 2004 and 2005...
06/07/2007