News

April 04, 2017

Miami’s condo market is in bad shape

Condo sales in Miami-Dade County have plunged. Condos on the market have surged. Supply has hit 14 months. Developers are sitting on completed units they[...]

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April 01, 2017

How did the Brickell Condo Market perform in Quarter 1 2017?

This is a useful and quick update on the Brickell Condo Market for the first quarter of 2017. We provide you with simple tables and a narrative that[...]

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March 27, 2017

Miami’s spectacular condo-flipping market is in turmoil

Miami-Dade’s spectacular condo-flipping mania is in turmoil, with sales plunging, inventory-for-sale soaring, and new supply flooding the market. It’s not like Miami hasn’t been through[...]

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March 24, 2017

Analyst Says Miami’s Overbuilt Condo Market Is Officially “Distressed”

Miami real-estate analyst Andrew Stearns releases a report about the health of the city's condominium market four times per year. Read between the lines of[...]

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March 17, 2017

By 2025, Every Downtown Condo Projected to Cost $750,000 or More

Greater Downtown Miami — which encompasses the city's classic downtown area, plus Wynwood, Overtown, Brickell, Edgewater, and the Design District — houses South Florida's largest[...]

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March 08, 2017

Development authority expects Miami’s condo market to soften more as sales decline

The condo market in greater downtown Miami is expected to be soft for the next several years, with fewer deliveries of new product. But that[...]

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March 07, 2017

The number of new downtown Miami condos will surge this year — and then fall

Downtown Miami’s real estate market is slowing fast, just as developers are preparing to deliver the most new condos in a single year since the[...]

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February 12, 2017

2017 is Going to Be a Renter’s Market for Downtown Miami Condos and Apartments

If you thought living in Downtown Miami was a distant dream, think again. 2017 comes bearing great news for those who’ve always wanted to live[...]

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February 01, 2017

Analysts: South Florida Apartment Rents Will Continue Upward Momentum

Multifamily rent growth in Miami slowed down its rocket-like growth pace last year. But don't worry, say analysts, the sky's not falling. According to a[...]

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January 13, 2017

Miami Realtors ‘Freaking Out’ After Luxury Condo Market Stalls

MIAMI –  Stephen Cohen, a realtor and investor specializing in the South Beach luxury condo market, is biding his time. By this time next year,[...]

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January 03, 2017

It’s getting cheaper to rent in downtown Miami

Good news, renters: It’s getting cheaper to live in downtown Miami. As developers deliver a bounty of new condos and rental apartments in 2017, the[...]

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October 12, 2016

MIAMI’S MILLENNIAL MIGRATION RESHAPES REAL ESTATE

Miami has long been criticized for overbuilding. 20,000 condo units were developed in the city’s urban core between 2005 and 2009 alone – double the[...]

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