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    They brought dense, Hong Kong-style commercial development to Miami. Now they want more
    • Jul 9, 2018
    • 5 min

    They brought dense, Hong Kong-style commercial development to Miami. Now they want more

    Brickell City Centre, the sprawling shopping, dining and residential complex that successfully brought Hong Kong-style multi-level commercial development to #Miami's financial district, now aims to expand its footprint to a fourth block. Swire Properties has filed plans with the city of Miami for an extension of its existing special area plan that would comprise two condo towers, one of them with a three-level retail base. Both towers would be connected to each other and the
    15 views0 comments
    What is the Condo Approval Process if You Want to Rent in Miami?
    • May 29, 2018
    • 4 min

    What is the Condo Approval Process if You Want to Rent in Miami?

    Once you have selected a unit that suits your preferences, the following must occur: PRIVATELY OWNED CONDOMINIUM An Application to Lease is prepared for you to review and sign. This document defines how much you are willing to pay over a specified period of time (stating specific beginning and end dates). It is then presented to the owner’s agent. First Month’s Rent: Upon submission, the first month’s rent in the form of personal check, cashier’s check or money order is place
    177 views0 comments
    You can still find reasonably priced homes in these Miami neighborhoods. But you have to hurry
    • May 21, 2018
    • 4 min

    You can still find reasonably priced homes in these Miami neighborhoods. But you have to hurry

    If you're braving Miami-Dade County's competitive housing market in search of a moderately-priced home or condo, it's no longer enough to be armed with a pre-approved mortgage loan or be flexible about location. Today, there's one more essential thing to have: A fast trigger finger. "So many people are looking for properties in the $180,000-$225,000 price point, buyers can no longer afford to say, 'Let me think about it and get back to you,'" said Justine Jimenez Garcia, owne
    7 views0 comments
    Luxury Home Sales in Miami Spike in Early 2018
    • May 16, 2018
    • 5 min

    Luxury Home Sales in Miami Spike in Early 2018

    According the Miami Association of Realtors, Miami luxury home sales surged 12.3 percent in 1Q 2018 as median prices rose for the 25th consecutive quarter. Total Miami luxury home sales ($1 million and up) rose 12.3 percent to 421 in 1Q 2018, up from 375 in 1Q 2017. Median prices for single-family homes increased to $337,000, a 5.9 percent increase from last year. Miami existing condo median prices rose 4.5 percent year over year to $230,000. "Miami real estate continues to s
    1 view0 comments
    ‘Good’ credit score lowers avg. mortgage cost by $21K
    • May 16, 2018
    • 2 min

    ‘Good’ credit score lowers avg. mortgage cost by $21K

    In Miami it is lowered by an average mortgage cost by $27K. Homebuyers with a lower credit score pay thousands of dollars more for the same home than a buyer with an excellent credit score. A new Zillow analysis found that nationally, a borrower with an "excellent" credit score could get a mortgage with a 4.50 percent Annual Percentage Rate (APR). A similar borrower with a "fair" credit score could get a 5.10 percent rate. Over the lifetime of a 30-year mortgage, this means a
    3 views0 comments
    20 Questions to Ask When Buying a Condo
    • May 15, 2018
    • 2 min

    20 Questions to Ask When Buying a Condo

    Considering a condominium? Take the time to research the community, talk to residents, review the condominium documents and study other data to answer these questions: 1. CONDITION What's the condition of the unit you're considering -- the building -- the entire complex? 2. COMMON AREAS Are common areas well maintained? 3. FOR SALE? How many condos are for sale? (A large percentage could be a sign of problems.) 4. OWNER OCCUPIED? What percentage of the units are owner-occupie
    11 views0 comments
    Buyers' mortgage preapprovals mean a lot less than you think
    • May 8, 2018
    • 2 min

    Buyers' mortgage preapprovals mean a lot less than you think

    It's common advice: Buyers should obtain a mortgage preapproval letter from a lender before going out with a real estate agent to look at homes. The rationale is that a preapproval shows, in writing, an amount of mortgage money a buyer is qualified to receive, all but guaranteeing the price range the buyer can afford. For real estate agents, that preapproval letter is an assurance that they're not wasting time on clients who may not be able to afford the homes they're conside
    1 view0 comments
    Here’s how much you need to earn to afford Coral Gables
    • May 2, 2018
    • 1 min

    Here’s how much you need to earn to afford Coral Gables

    Trulia has crunched the numbers to determine the best neighborhoods for living well by ranking “universally loved” features like quiet streets, parks and proximity to schools and healthcare. Now, the online real estate giant had determined how much a homebuyer needs to live in those neighborhoods. Coral Gables (which Trulia incorrectly lists as a neighborhood within Miami) made the list, but buyers will need to have a well-paying job to afford to live there. Described as a “m
    6 views0 comments
    So you are all settled in your new home. Now it's time to explore Miami!
    • Apr 23, 2018
    • 2 min

    So you are all settled in your new home. Now it's time to explore Miami!

    Here is a list of things to do in the Magic City: First, take a look at this Miami Relocation Guide and Interactive Map of Miami and Beaches. I have separated the suggestion below by geographic areas. Be sure to use the interactive map to familiarize yourself with each location, and to take distances into account when planning your visits. Miami Beach: Art Deco District / South of Fifth (SoFi) Nikki Beach South Pointe Park Ocean Drive Española Way Lincoln Road Mall New World
    27 views0 comments
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