Arts District of Miami Closed Condo Sales – November 2009 – There were 12 closed condo sales in the Arts District of Miami last month in the MLS.  The average sales price of these condos was $177 per square foot.

Downtown Miami Closed Condo Sales – November 2009 – 18 condos in Downtown Miami closed in [...]

[Read more →]

As of June 1, 2009, Fannie Mae updated their website to reflect the condo developments in Florida that are now approved for financing.
The following is a list of recent condo developments in South Florida that are now Fannie Mae approved:

50 Biscayne
500 Brickell (East & West)
900 Biscayne Bay
Artech
Brickell on the River South
Everglades on the Bay (North [...]

[Read more →]

It’s been a few months since my last Miami condo closing rate update. The percentage of closed units for 25 major condo developments are provided below, starting with the first development to begin closings. Four condo developments have been added: Icon Brickell, Everglades on the Bay, Infinity at Brickell and Epic.  You’ll find these towards [...]

[Read more →]

Yesterday, a rumor was circulating that 100 condos recently went under contract at Quantum on the Bay to an investment group from Israel in a bulk sale transaction.  I was able to confirm today, from multiple sources, that the rumor is true.  However, everyone is keeping quiet in regards to the details involved in the [...]

[Read more →]

The spreadsheet below reveals 13 distressed condos currently listed in the MLS which reside in developments in Miami completed within the past two years. I expect this list to grow in coming months. I plan to provide future updates with new listings as well as track the outcome of condos previously listed. [...]

[Read more →]