Your search results

Blog

Miami’s Residential Market is Strong

Office prices aren’t the only real estate costs increasing in South Florida – the residential market is also seeing growth and rising prices. The average price per square foot has increased 9% YOY, up to $177 for single family homes. The median sale price is up 13.1% compared to last year. When it comes to residential rentals, increases are up 10-11% depending on the …

South Florida Office Space Prices Are Seeing Record Highs

Prices for Class A office space have been rising in Florida. Miami-Dade county has seen some of the largest increases. Asking prices have averaged $40.75 per square foot, up 5.1% since the peak of the last real estate cycle in 2008. Palm Beach and Broward counties are also seeing increased prices, up 1.6% and 1.2% respectively. Class B office spaces have also seen record …

Foreign Investors in the Miami Real Estate Market

The real estate market goes through cycles, and as discussed in last week’s article, we at Rise Realty believe that Miami is currently healthy in mid-cycle. The market’s health can largely be attributed to foreign investor activity. Despite the rising dollar, foreign money is still flowing into Miami. Keith Darby, Rise Realty President says, “Foreign investors see real estate as a safe place for …

Where in the Real Estate Growth Cycle is Miami?

When investing in Real Estate, most will consider where in the cycle the market is to guide their strategies and decisions. In Miami, most believe that the market is either in mid-cycle or beginning to slow down. The Miami Real Estate market’s health is largely indicated by the rental and condo market. When people are building and buying condos, the market cycle is considered …

Miami is Internationally in Fashion

There’s no question, Miami real estate is on the Rise. When comparing the young city to its recent past, it is almost unrecognizable due to its desirability, demand, development, geographical accessibility and affordability. While sales continue to elevate, prices remain relatively attainable compared to the likes of international marketplace competitors. Miami is the international gateway to Latin America. Miami’s growing neighborhoods, such as the …