December 31, 2018
Where are we in the cycle? Some experts say luxury condo market will remain ice cold in 2019Entering 2018, Mike Pappas predicted developers would start lowering prices on luxury condos to accelerate absorption in an increasingly oversupplied market. Looking back on the[...] View Article |
September 20, 2018
Miami’s Condo Market Is Winding Down. But There Are ExceptionsMIAMI–The once-hot Miami condo market generally continues to wind down with a few exceptions — such as the recent sale of an upper penthouse at[...] View Article |
September 13, 2018
The end is near: Downtown Miami’s condo cycle will likely end this year, report showsAfter a more than eight-year run that changed the Magic City’s skyline, Greater Downtown Miami’s condo cycle is likely nearing the end. The Downtown Development[...] View Article |
September 13, 2018
South Florida mortgage trouble: Tops for fraud, delinquencies risingCoreLogic issued two reports that paint a troubling picture of the residential mortgage market in South Florida. The tri-county region is the most at-risk metro[...] View Article |
September 13, 2018
Is this nasty feud between brokerage partners a sign of trouble in the condo market?One of Miami’s highest-profile real estate brokerages is engaged in an ugly split, with accusations of substance abuse, mismanagement and runaway expenditures. For 25 years,[...] View Article |
September 12, 2018
ISG blood feud could do lasting damage to firm, industry pros sayAs Craig Studnicky and Philip Spiegelman pummel each other in court over the fate of their brokerage, International Sales Group, the fallout could be far[...] View Article |
September 05, 2018
Advice To South Florida Condo Investors: Walk, Don’t RunMIAMI, FL–It’s not just the huge number of condos in South Florida that has caused them to lose their luster as investments. It’s also the[...] View Article |
September 03, 2018
We May Be Facing a Textbook Emerging-Market CrisisFor those trying to understand the local Miami condo market with greater depth than the simplistic view of a supply-demand imbalance, read the article below.[...] View Article |
August 22, 2018
Developer Snags $138M Construction Loan Even as Miami’s Condo Market SputtersA developer secured a $138 million loan to finance a 57-story waterfront condominium near downtown Miami, an impressive feat according to one analyst who says[...] View Article |
August 20, 2018
Prices for condos rising fastest in these South Florida neighborhoodsIn this review of condo pricing in the Tri-county market based on zip code, two of the worst performers were in Greater Downtown Miami. Zip[...] View Article |
August 16, 2018
‘Don’t Sell Now’: Vacant Luxury Condos Are Driving Down Prices Across Downtown MiamiReal estate experts caution that the decline in prices is not as severe as the crash 10 years ago. Indeed, prices remain stable or are[...] View Article |
August 14, 2018
How Big is South Florida’s Acknowledged Condo Glut?But CondoVultures Realty.com took a different approach to looking at condos. They were more selective about prices. Their August report found nearly a 70-month supply[...] View Article |
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