December 31, 2018

Where are we in the cycle? Some experts say luxury condo market will remain ice cold in 2019

Entering 2018, Mike Pappas predicted developers would start lowering prices on luxury condos to accelerate absorption in an increasingly oversupplied market. Looking back on the[...]

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September 20, 2018

Miami’s Condo Market Is Winding Down. But There Are Exceptions

MIAMI–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[...]

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September 13, 2018

The end is near: Downtown Miami’s condo cycle will likely end this year, report shows

After 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[...]

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September 13, 2018

South Florida mortgage trouble: Tops for fraud, delinquencies rising

CoreLogic 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[...]

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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,[...]

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September 12, 2018

ISG blood feud could do lasting damage to firm, industry pros say

As Craig Studnicky and Philip Spiegelman pummel each other in court over the fate of their brokerage, International Sales Group, the fallout could be far[...]

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September 05, 2018

Advice To South Florida Condo Investors: Walk, Don’t Run

MIAMI, 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[...]

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September 03, 2018

We May Be Facing a Textbook Emerging-Market Crisis

For 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.[...]

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August 22, 2018

Developer Snags $138M Construction Loan Even as Miami’s Condo Market Sputters

A 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[...]

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August 20, 2018

Prices for condos rising fastest in these South Florida neighborhoods

In 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[...]

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August 16, 2018

‘Don’t Sell Now’: Vacant Luxury Condos Are Driving Down Prices Across Downtown Miami

Real estate experts caution that the decline in prices is not as severe as the crash 10 years ago. Indeed, prices remain stable or are[...]

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August 14, 2018

How Big is South Florida’s Acknowledged Condo Glut?

But CondoVultures took a different approach to looking at condos. They were more selective about prices. Their August report found nearly a 70-month supply[...]

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