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The sky appears to be the limit for South Florida luxury residential real estate. Billions of dollars in luxury condominium towers are in the pre-sales, planning and construction pipeline. March ...
Here are five housing trends in Miami as the real estate market continues to change. September 23, 2024 at 3:13 PM. Despite record-breaking high prices, South Florida’s luxury real estate market ...
Miami real estate can be hard to navigate. That’s why we created RE|source, a newsletter informing the real estate curious of their community’s key commercial and housing news.
Since then, the company has expanded its portfolio with projects in Brickell, Key Biscayne, Coral Gables, Aventura, Miami Beach, Sunny Isles Beach and Pompano Beach. [6] In 2022, Fortune International Group formed a partnership with Christie’s International Real Estate, becoming the affiliate in Miami-Dade and Broward Counties.
The boom, however, ended abruptly around 2008 when the real estate market crashed and the late-2000s recession began. By 2011 the market began to return, with new office and condominium projects such as Brickell House announced for construction beginning in 2012. [5] This was followed by a second boom that is currently active as of January 2019.
Despite the dip in deals, prices kept rising in the condo market. The median sales price for condos in Miami-Dade was $420,000, up from $415,000 in September 2023. In Broward, the median sales ...