Miami’s residential condo market may be slowing down, but foreign buyers are now focusing on income-producing commercial real estate properties. This is due to economic uncertainties in Latin America and financing opportunities. According to Real Capital Analytics, foreign investment in Miami commercial real estate rose to over $1.5 billion during January to July 2016. This represents an increase from $1.1 … Read More
South Florida Cities Come out on Top in Real Estate
South Florida real estate offers many opportunities for finding lucrative investment properties. Miami is a city that continues to attract both domestic and international investors. A recent survey confirms that The Sunshine State remains one of the best places for investing. GOBankingRates surveyed 61 of the 100 most populous cities to rank the best and worst for owning property. The … Read More
What’s the Deal with Mortgage Applications?
Housing experts believe that despite the low mortgage rates, mortgage applications should be higher than what they currently are. Total mortgage applications rose over 2.5% at the beginning of the month, largely due to the uptick in refinancing applications. However, homeowners who have already taken advantage of refinancing opportunities may not be as incentivized to do it again. Interest rates … Read More
Greater Downtown Miami Market Shows Positive Activity!
The Miami Downtown Development Authority has released a mid-year market report on Greater Downtown Miami, showing positive gains in the market. Although resale pricing among condominiums in Downtown Miami is down by 4%, the pre-construction market continues to show solid signs. Private lending opportunities for worthwhile long-term investment properties are ripe. M & M Private Lending Group, a hard money … Read More
