South Florida real estate is selling fast, and well, according to October reports claiming the sales of single-family homes spiked 41.9 percent in Miami-Dade from a year earlier. Amid a tightening inventory of real estate, the number of home sales in the county October 2012 rose to 1,142 units while...
Fixed mortgage rates in the United States moved slightly lower the first week of November, continuing to remain near their all-time low levels amid signs of a growing economy and low inflation. As EB5 regional center investors continue to flock to the U.S., the housing market continues to grow in their favor. “Mortgage rates...
Growing concerns about corruption, inequality and food safety are coming to light in China, according to a recent Pew Research Center study. As the country prepares for its leadership change, the Chinese people are beginning to voice their opinions and concerns on the side effects of rapid economic growth. The Chinese have traditionally rated...
Real estate investors are setting their sights on Miami Beach, just in time to capture part of the market’s resurgent tourism industry. The limited supply of hotel properties on Miami Beach has caused rush for investors to get their money in while there is still room. Most of the beachfront or...
Private bankers are beginning to help wealthy Asians find investment and short-term residences overseas, according to recent reports from the International Herald Tribune. The wealth management divisions of banks have entered the business of setting up short-term revolving loans for property purchases. Typically five years in length, the loans are...
The 18th Miami International Real Estate Congress was held on the week of November 5, 2012, at the Biltmore Hotel, in Coral Gables. During the expo, Teresa King Kinney, chief executive officer of the Miami Association of Realtors, reported that Miami is the number one location for international residential real...
By Bill DiPaolo Palm Beach Post Staff Writer JUPITER — Motorists passing over the Intracoastal Waterway on Indiantown Road see steam shovels pushing dirt around next to the Burt Reynolds & Friends Museum. Nick Mastroianni sees the birth of Jupiter’s new downtown. “Harbourside will have restaurants with outdoor seating on the water. There will be...
EB-5 investments have become a trend within South Florida real estate development over the past year, and are now mixed with other, more traditional investment types. As Congress recently approved a three year extension of the EB-5 Immigrant Investor program, it’s usage is expected to become even more popular with...
The Miami hotel market is expected to prosper in 2013, according to market data based on occupancy, ADR and RevPar (revenue per available room) statistics. According to the numbers, Miami is past the recovery stage and into the new growth phase. As Miami is in the clear, and expected to...
The EB-5 Immigrant Investor Program reaches far and wide in the real estate development world. As the three-year extension of the program was just approved by the House of Representatives, it is expected to reach even further, contributing to the economic rebound and success of the United States. Investments from the...