January 5th, 2009

2008 is in the books. Whew!! So what are the statistics about the condos for sale in Miami- Dade county?

• Total Housing Units in Miami-Dade county - 1,000,000 100%
• Total Condos for Sale in MLS - 22,247 2.2%
• Total Short Sale Condos in MLS - 6,524 .6%
• Total Short Sale Condos in Miami- 1,024 .1%

Short Sale Miami condos are often foreclosed upon by the lender before…

Miami-Dade County, Florida
December 30, 2008

I hope you made it through the calorie blasts of the Holidays unscathed!! The New Years Day
weather forecast is for highs in the high 70’s and sunny…of course!

Miami Condo Investments

Todays Update will be brief as we are only including our latest Bank Owned Miami Condos list click here. The list is much larger than normal, you may want to bookmark it as we are now updating it weekly.

This week there are…

The Miami Condo Lifestyle team recently tour a took of the newly opened EPIC Residences and Hotel project at the mouth of the Miami River in Downtown Miami. We shot several dozen images and here are the best ones for you.

Please note that the EPIC Hotel is open for business along with Area 31, the excellent riverfront restaurant that has just opened. We recommend an early evening cocktail and…

Buyers should lock in rates now

Supported by the Federal Reserve’s recent decision to cut its overnight federal funds rate to a range of zero to 0.25 percent, the 30-year fixed rate mortgage hit a 37-year low last week reaching 5.17 percent. That’s the lowest the 30-year mortgage rates have been since Freddie Mac began its weekly mortgage rate survey in 1971, noted Frank Northaft, Freddie Mac chief economist.

Click here for the full article and…

How to sell you Miami or Miami Beach condo apartment for the most money in a buyers market!!

This is a question that I am asked daily. Let’s think about where the buyers are coming from and how best to attract them. Currently, the majority of buyers are from somewhere else, Canada, Europe, South America and, of course, the snowy, blowy, icy…Northeastern United States.

Here are several absolute requirements to get the top dollar…

Now open, 270 Biscayne Blvd Way, 18th Fl, Miami; 305.424.5234

Overlooking Brickell Avenue and the Miami River from the 18th floor of the Epic Hotel in Miami, Area 31 serves a Mediterranean-style crudo menu including stone crab, yellowfin tuna, and Key West pink shrimp, plus grilled seasonal selections like Spanish mackerel, mangrove snapper, cuttlefish, wahoo, and spiny lobster. The restaurant’s name comes from the UN’s designation for the economically sustainable fishing waters from Georgia to the northern tip of Brazil.

Deep…

On September 15th of this year we posted an article on the Brickell Key condominiums which included a graph of sales activity for the eleven buildings there (please see Diagram 1)

Diagram 1

Here is an updated graph for sales from January through November for Brickell Key buildings. Interestingly enough,…