Design approved for four-story Miami Beach townhomes from hospitality-nightlife guru
Hospitality guru Mio Danilovic is turning his hand to residential development. Earlier this week, Danilovic received design approval from the city of Miami Beach to replace the existing two-story building at 1311 15th Terrace with four sleek condos designed by...
COVID is not taking a toll on real estate deals. Home sales are up in South Florida
The South Florida housing market is finally getting its time in the sun after months of weathering a storm. And condos, not just single-family homes, are feeling the warmth. Broward and Miami-Dade saw 82% to 100.8% growth in year-over-year condo and single-family home...
Miami’s condo market rebounds, led by $22M sale at 321 Ocean
Miami’s condo market came back to life last week, led by a $22 million sale at 321 Ocean. A total of 153 condos sold for $80 million last week. That’s compared to 112 units that sold for $52.6 million the previous week.Condos last week sold for an average price of...
30-year mortgage rate hits record low — again
The average mortgage rate on America’s most popular home loan has hit another record-setting low. The rate on the 30-year mortgage fell to 2.88 percent, the lowest rate in 50 years, Bloomberg reported, citing Freddie Mac. Rates have dropped eight times during the...