News
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According to a recent report from the Miami Association of Realtors, German citizens demonstrated the greatest interest in Miami real estate in October 2022, as evidenced by the search query statistics. Germany’s growing interest in Miami properties may result from the havoc wreaked by Hurricane Ian in Southwest Florida and the fact that German...
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The National Association of Realtors has recently held its annual conference in Orlando. Tony Veldkamp, President, Realtor Association of Sarasota and Manatee in 2022, welcomed 8,500 members at this event. The five-day conference featured meetings on management, educational opportunities, and networking. For Mr. Veldkamp, the favorite part was the...
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The year 2021 set new records for South Florida real estate but over the last eight months of 2022, the market slowed down, as evidenced by the smaller number of closed sales. Buyers are facing the growing interest rates and not competing with each other as much as they used to, while closing the deal takes longer. The question is, how serious the...
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The climate continues to change, which affects the international real estate market in all respects, from price growth to reduced popularity of certain regions. The examples are numerous, from torrential rains that caused mass floods and landslides in the Netherlands, Australia, and Florida to ravaging forest fires and draughts in Greece and...
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The value of American properties continued to grow in the third quarter of the current year, although mortgage loan rates are approaching 7% and the number of closed deals is dropping. According to the National Association of Realtors, prices in 46% out of 185 surveyed districts experienced a double-digit growth. In the second quarter, this share...
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Carousel Beach Inn in the south of Fort Myers Beach was recently purchased by Dublin Real Estate Investment Group, a developer from Chicago, which is planning to create a luxurious 12-unit residential project called Gulfside Twelve here. The construction of the condominium project is already underway on the neighboring land plot. The small 27-room...
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Bentley Residences, a new opulent 60-story skyscraper with over 200 luxurious condominiums, will soon emerge in Sunny Isles Beach, Miami-Dade County, Florida. The developer is Dezer Development. Sieger Suarez Architects was in charge of the design. As the name suggests, the interior design was developed by Bentley, a luxury car manufacturer....
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Since the start of the pandemic, the demand for properties in the southern part of Florida has skyrocketed. There are over 100 cities and settlements here, including Miami, West Palm Beach, Boynton Beach, Fort Lauderdale, Boca Raton, and North Miami. This is the seventh largest metropolitan area across the USA and the second largest, in the...
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In 2021, the real estate market in the south of Florida was setting one record after another but over the past eight months of 2022, a certain slowdown began: the number of closed purchase and sale transactions reduced, interest rates rose, the time in the market grew, and bidding wars between buyers declined. This, however, does not mean that the...
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Dwight Schar, a billionaire, real estate tycoon, and former Financial Chairman for the Republican National Committee, listed for sale his opulent mansion on the beachfront in Palm Beach, Florida. In 2013, he purchased this 757 square meter home for $11.5 million and is now asking $48.85 million for it. This is one of the most expensive properties...
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