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Price per square foot of luxury condos hovers around $2,925, per MLS stats; average days on market reached a low of 60 days in the fall. As with all real estate, Miami has distinct submarkets.
The Related Group was launched in 1979 as a builder of affordable housing. Pérez teamed up with New York developer Stephen Ross in 1979 to start the company, and over the following decades, expanded to developing mixed-use luxury condominiums, hotels, commercial spaces and rental apartment buildings incorporating extensive amenities and museum quality art into sophisticated living and working ...
Jacksonville condo owners slashed prices 6.5%, Miami prices dropped 2.5%, and Orlando’s fell nearly 5%. Meanwhile—as Studnicky says—single-family homes are faring better, meaning that their ...
Condo prices in Jacksonville dropped nearly 7% year over year, while Miami’s decreased almost 3%. Meanwhile, average U.S. condo list prices are up over 8%, according to another Redfin report ...
Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as a way for corrupt foreign government officials and business people from countries without strong rule of law to launder money or to protect ...
From big cities to tropical beaches to quaint hideaways, Florida is a something-for-everybody state, which is why it has been known as America's premier vacation destination for generations. No ...