Miami Condo Lifestyle Weblog

Foreclosure & Bank Owned Condos in Miami

Ned Berndt — Sun, 12 Oct 2008 12:07:33 +0000

October 12th, 2008

Often the best opportunity to purchase Miami Condos is by considering foreclosure, bank owned condos, sometimes referred to as REO or Real Estate Owned. Here is a list of available Miami investment condos as of October 12, 2008. Please note that they are in order by city and then in descending price order and their availability is subject to change without notice.

If you are interested in acquiring any of these foreclosure & bank…

Condo Prices in Miami, Florida

Ned Berndt — Tue, 07 Oct 2008 11:02:36 +0000

October 7th, 2008

Every day we get dozens of emails and phone calls from various buyers, sellers, landlords and tenants trying to find the information they need in order to make an informed and sound business decision about Miami condos and real estate. This is what we do all day long.

We are continually in “conversation” with multiple buyers and sellers, appraisers, banks, developers, landlords and other Realtors trying to find just the right opportunities and…

Miami Condo Developers Create Economic Rescue Deal

Ned Berndt — Fri, 03 Oct 2008 17:12:25 +0000

Last night, we heard some very interesting news…at least one major Miami Condo developer
is putting together an economic bailout rescue plan of his own. This is what we need…not the government’s pork-filled, bloated, socialistic power grab that the Senate has passed and the House is voting on right now but a real, innovative response to a shifting market.

Check this out…Buy a Brickell condo and get a SMART car…or buy that Miami condo and get a…

12 Best Condos Deals on the Ocean in Miami Market

Ned Berndt — Wed, 01 Oct 2008 14:11:36 +0000

October 1st, 2008

Often the best opportunity to purchase properties is to understand when a property is actually good deal. Here is a list of twelve oceanfront Miami Beach condos as of September 30, 2008. Please note that they are in two groups…the ultra-luxury building and the plain ‘ole luxury buildings and their availability is subject to change without notice.

If you are interested in acquiring any of these best buy oceanfront condos, please contact us…

Miami Investment Condos New Construction Condos Closing Rates

Ned Berndt — Tue, 30 Sep 2008 18:17:01 +0000

Today begins the first in a series of articles about Miami Investment condos. We have created sales graphs showing the actual closed sales statistics for new construction condos in Miami Beach, Miami, Brickell and Sunny Isles area condos. These will be updated regularly and can be used to get transparency in the MiamiCondo market. Several buildings are approching their ‘Magic Number” of 70% closed which will allow them to pay out their lender.

Often the most difficult information to…

Courvoisier Courts Brickell Key Condos

Ned Berndt — Wed, 24 Sep 2008 23:16:47 +0000

Courvoisier Courts condo on Brickell Key near world famous Brickell Avenue in Miami has seen it’s sales activity dramatically increase this September. For the first eight (8) months of 2008, just five condos were sold but in the month of September, four units became pending sales.

Often, it is difficult to see if a market has turned so we use a formula referred to as “Absorption Rate” ,which is the total available units divided by the…

1060 Brickell Avenue Condos - A Good Deal?

Ned Berndt — Thu, 18 Sep 2008 18:35:47 +0000

This morning several hundred Miami Realtors gathered at 1060 Brickell Avenue to hear about the Brickell Avenue condo market and 1060 Brickell project. This event was sponsored by Maureen Levine from RAMB with a breakfast catered from Perricone’s Restaurant, a Brickell Village stalwart for over 12 years.

Charlotte Piro from Fortune, the sales director at 1060, shared some very aggressive pricing (shown below) with us and described the unique amenities in the building such as a…