A few months ago I wrote a post entitled, “Advice to Miami Condo Sellers“. It was a highly read piece because of the inventory figures that were provided. I highly recommend that you read it if you recently discovered this blog and are curious about the developments that are scheduled to close within the [...]

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Today, I finally had a chance to edit, render and upload the video that I shot of the Platinum Condominium auction last Thursday. I split it up into three separate video files which highlight key points of the auction. You can read my analysis of the auction here.
An explanation of how the auction [...]

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Star Lofts on the Bay looks to me to be a prime candidate to have a developer closeout sale in the near future. Closings for units at Star Lofts on the Bay began towards the beginning of July. As of today, there have been a total of 18 recorded closings with the last [...]

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I just received word that the 7 high bids that were contingent upon approval from the developer have all been rejected.
Fisher Auctions did a great job last night. It is just too bad that they weren’t working with a truly motivated seller. What was the developer expecting?

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(The video that I shot of tonight’s auction is at the bottom of this post.)
The Platinum Condominium auction has come and passed. The big talk of the town packed the house with auction participants, brokers, reporters and spectators. If tonight was any indication of what lies ahead, then the Miami condo market [...]

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