Daniela Pellicciotti's (condoideasrealtygroup) Blog

30 years after bonding with East Asia, Miami is finally succeeding in attracting foreign buyers from China and that’s a great timing for the local real estate market. South Florida’s residential real estate industry currently needs an infusion of new investors. As condo developments increase, pre...

The Hispanics represent the segment of the U.S. population that grows the fastest, yet they are more and more locked out of home ownership because of standards of creditworthiness.Being 17% of the population and forecast to become over 30%, the Hispanics are an economic and political power to cou...

 Developers have secured a $133.7 million construction loan for a luxury condo project in Sunny Isles Beach. The project, called Muse and located at 17141 Collins Ave., will break ground this week. Canyon Partners Real Estate, a Los Angeles-based real estate firm, provided the financing to develo...

 How to assess the power Miami’s preconstruction market? Just go to a sales center that has been recently put together. The end of May displayed that of Gran Paraiso. Knowing that reservations have started at that date, units of the project are selling at a fast pace. According to the president o...

 The number of houses sold and the average price in South Florida have kept on rising year by year.  In Miami, single-family houses have grown by 14.2% month after month. The existing condo sales rose by 10.4%, as new luxury units multiply on the beach and in Downtown. The Icon Brickell, the Bris...

 If London remains the most important global city in the eyes of the ultra-wealthy, New York comes next and Singapore and Hong Kong are in the run for pole position. Yet, Miami has gained interest for the world’s high-net-and-worth over the past 10 years, moving up to the 6th position, ahead of D...

 Even though the housing market in Miami is still way above the rest of the nation’s performances, the growth is slowing down as compared to the past few years. Miami metro area has seen the prices of single-family homes rise by 8.6% in the Miami metro area lately, whereas it used to be a double-...

 It first attracts for its luxurious and safe lifestyle: Miami gives the option of living one step from the beach and go boating as residents from Trump Tower enjoy. They have amazing views from their apartments and relax in the cabanas on the beach. Everything shouts luxury in Miami: yachts, des...

 The real estate burst and the recession of South Florida are long gone. The area has been going well lately and its situation is promising for 2015 as it is on track to strengthen its employment base along with having a fast growth in construction jobs. On top of that, the business climate is go...

 Miami is catching the eye of more and more businesses. Hedge funds and financial institutions are definitely betting on Miami. Even though it is not a true relocation yet, corporations and financial companies are starting to realize that moving to Miami can be profitable. NYC residents do not li...