The Real Deal Miami

May 2013 Issues

Tight supply, all-cash deals are hallmarks of South Florida residential market

The short-term forecast for South Florida real estate depends on whether you’re a buyer or a seller. Like the residential scene nationwide, strong demand keeps shrinking the supply of homes on the market — obviously not good for the scads of buyers out there. But the dearth of properties is driving up prices, making for very happy sellers. The region, though, is distinguishing itself from other parts of the country … [more]

Miami’s top builders let go of bad memories and step up to meet demand

It’s anybody’s guess whether real estate in South Florida is headed for another bust, but the boom is clearly on. All the demand, especially for condos, is drying up inventory. … [more]

Related’s Jorge Pérez puts his stamp on the skyline

If you follow real estate, it’s hard to miss Jorge Pérez. In just the past couple of months, the Related Group chairman and CEO has announced plans to collaborate on … [more]

Inside Indian Creek, site of Miami’s priciest homes

The most expensive home in Miami-Dade County is in a neighborhood that those in the know consider perhaps South Florida’s most exclusive: Indian Creek. A foreign investor — a Russian … [more]

Office leasing on upswing, but vacancies dampen need for new construction

South Florida’s office market isn’t as robust as its residential one — just like much of the rest of the country — but the slower pace of leasing comes with … [more]

Property Markets’ Kevin Maloney weighs in on prices, inventory and what’s next

Developer Kevin Maloney had serious doubts about the housing turnaround. It just seemed to be happening too fast, especially considering the depth of the downturn. Was it for real? Was … [more]

Retailers on a rampage: Stores of all kinds hunt for space, driving up rents

South Florida’s residential brokers aren’t the only ones singing a song these days. So are their retail counterparts. Boutiques, discount giants, supermarkets, restaurants, department stores — they all need space, … [more]

Miami’s luxe listings vie to break $47M sale record

A $47 million glass house with a seven-car garage is the priciest residential sale ever in Miami-Dade County, and brokers are chomping at the bit to break that benchmark. Today, … [more]

Palm Beach’s most expensive oceanfront homes are lingering on the market

For more than a century, ever since Standard Oil founder Henry Flagler put up a 55-room Beaux-Arts mansion to spend his winters, Palm Beach has had a reputation for luxury … [more]

Beachfront benchmarks: South Florida’s real estate records and notable firsts

The year isn’t even half over and already there has been plenty of big real estate news about South Florida — mostly good, some not so good. A few of … [more]

Elliman’s Florida CEO on her nine new offices and what’s up with buyers

Vanessa Grout was a Miamian living and working in the heart of Manhattan when she got the call to head Douglas Elliman Real Estate’s Florida operation. Grout didn’t have to … [more]

Editor’s note: South Florida, a real estate enigma

South Florida is a real estate enigma: How can an area hit as hard by the housing crisis come back so strong, so fast? But it has, and brokers and … [more]