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Monday, April 20, 2015

Florida has a large number of buyers returning to the market

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Over the coming nine years, Florida will nearly catch California in the number of buyers returning to the market.  

The return of previously unqualified buyers

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Between 2015 and 2023, an additional 1.63 million former distressed owners will become both program eligible and credit quality eligible, while 140,000 will face headwinds due to their low credit quality, roughly half of whom will not qualify in a normalized underwriting environment.
Ziff Family Florida Compound Is Seeking Almost $200 Million - WSJ

Known as “Gemini” the nearly 16-acre estate south of Palm Beach, which includes a furnished tunnel, a botanic garden and a miniature golf course, is one of the highest priced listings in the country.

Saturday, April 18, 2015

Knight Frank Wealth Report | Douglas Elliman | Howard Lorber

Super-rich flock to Miami, will keep coming back

Miami ranks No. 6 in 2015 for the world's wealthy, projected at No. 7 in 2025

Monday, April 13, 2015

Thursday, April 9, 2015

Owning cheaper than renting in 76% of U.S. metros At the current interest rates and home prices, it's cheaper to buy than to rent in most of U.S. and most of Florida.