U.S. Highlights and from abroad

A real Estate Explosion in Edgewater, Miami’s next trendy district. 12 May 2013 - Miami Herald News - Edition 12 mai 2013 | Par Martha Brannigan Driving the streets of Edgewater recently, Martin Melo eased the accelerator of his Porsche Panamera to point out large swaths of land his family-run firm has cobbled together for high-rise development in one of Miami’s most rapidly emerging neighborhoods.  “This four-block area is ours,” said his brother Carlos, whose Melo Group has seven condominium and apartment projects lined up in the area. “We bought [the lots] one by… Read more
How to buy Real Estate in the United States? 6 December 2013 - Les Echos - Edition 06 December 2013 In order to buy a condo or a house in the United States, you need to hire a lawyer who will be the one responsible for much of the work that is done in France by the notary. A 1,130 sqft (105 m²) condo on Fifth Avenue in New York ($3.1M), a 915 sqft (82 m²) condo in Miami Beach on West avenue in the Mirador building ($375k) or a 2,766 sqft (257… Read more
Miami boosted by construction frenzy 27 December 2013 - Le Figaro Economie - Edition December 27, 2013 Asian capitals and wealthy South American clients are jostling in the ambitious metropolis of Florida. It is still only a futuristic sketch, an artist's view: a skyline worthy of New York or Shanghai, a forest of sparkling skyscrapers, still dotted. This project that everyone is talking about in Florida is called "Miami 2020". It concentrates more than $10 billion of investments, 171 major projects, glass and steel buildings with clean lines. It… Read more
Miami’s property boom makes the French dreaming 12 December 2014 - Le Figaro Magazine - Edition 12 December 2014 The city is in full transformation. Far from the cliché of destination for retirees and tourists, it is increasingly attracting South American capital, New York hedge funds and luxury brands. Those who have invested in the most Latin big city in the United States rub their hands. Prices have jumped 12.5% ​​in one year. However, Florida was one of the states hardest hit by the housing crisis. Today, the strength of the… Read more
Miami, a city in full transformation 24 February 2017 - Le Figaro Magazine - Edition February 24, 2017 Miami is popular with the South Americans and European people who invest in stone. And Asians are now gaining a foothold in the new Brickell district. If you think that Miami is only a city of retirees, where the American people from the Northern States flee the cold to come to warm their old bones (the "snowbirds"), go for a ride in Florida. The climate has not changed, but retirees are far… Read more
Real estate abroad: how to buy in the United States? 19 July 2019 - Les Echos - Edition(#1) July 19, 2019 There are many steps before becoming a homeowner in the United States. But in the Dollar's land, business goes fast. The deadlines are 45 days on average when a cash sale can even close in a week. And across the Atlantic, a character is essential: the Real Estate Agent. At Uncle Sam's, business is going strong. If it is possible to close a sale in less than a week, do not skip the… Read more
Real estate abroad: the American dream 19 July 2019 - Les Echos - Edition(#2) July 19, 2019 From multi-million dollar condos at New York to suburban houses of less than $100,000, the American dream is within reach for all budgets and spreading through 4 time zones. Already more than 300,000 Frenchies have settled down on the other side of the Atlantic, the United States is welcoming the second largest contingent of French people from abroad behind Switzerland. Since the subprime cataclysm in 2008, American real estate has recovered to return… Read more
Trade between Latin American countries and the United States is shaping South Florida’s industrial market 11 December 2019 - Miami Herald News - Edition December 11, 2019 | by Rebecca San Juan The amount of exports and imports traded increased by 9.1% year-over-year in 2018 up to 2.4 million tons, according the 2019 South Florida Industrial Market Outlook report by Houston-based commercial real estate firm Transwestern. South Florida seaports — including PortMiami, Port Everglades and Port of Palm Beach — saw an increase by 15.2% year-over-year in 2018 up to 18.9 million tons. The trade activity will draw more… Read more
2019 South Florida Industrial Market Outlook and its impact on the Residential 15 December 2019 - 2019 Edition - South Florida Industrial Market Outlook "Demand has consistently exceeded the level of new supply for several years, leading to single-digit vacancy across Miami, and developers are responding to meet this need." SOUTH FLORIDA is one of the state's most important economic drivers. The region generates more than one-third of the state's GDP through trade, tourism, international business and finance, healthcare and education. And every one of these industries has an impact on real estate. When businesses require… Read more
Miami rents rise, making the city the 8th most expensive place to rent 4 March 2020 - Miami Agent Magazine - Edition March 4, 2020 | by Lydia Bhattacharya It’s been a good week for rental data. Earlier this week, Zumper released its monthly national rent report, which ranks cities in the U.S. by how expensive each respective rental market is. When matched up with a recent report published by TurboTenant, a software program that offers property management tools, agents can get an idea where the rental market is right now, both locally and nationally. In March,… Read more
Foreclosures are shooting up – Is it a Repeat of the early 2000s Housing Crisis? 14 October 2021 - Realtor.com News - Edition Oct 14, 2021 | By Sharon Lurye With a federal moratorium on foreclosures ending, loan forbearance relief running out, and no end to the COVID-19 pandemic in sight, the latest data shows that foreclosures are starting to jump up. The number of properties with foreclosure filings shot up a whopping 68% in the third quarter of 2021 compared with the previous year, according to a report released on Thursday by real estate information firm ATTOM Data… Read more
5 Reasons Miami is a Great Place for Buy and Hold Investors 3 January 2022 - PropSteam - Edition Jan 03, 2022 Where sunny skies and luxurious beaches meet a booming economy, it should come as no surprise that more people are drawn to The Magic City, AKA Miami! For an investor, particularly a buy and hold investor, this city is bursting with opportunity in 2022, whether you specialize in short-term or long-term rentals. Population, market, and travel trends create a demand for these rental property types. To help you understand these trends fully, we’re going… Read more
Real estate: it’s time to sell! 8 April 2022 - La Chronique Agora - Edition April 8, 2022 (by Bill Bonner) In the United States, the real estate market is reaching excesses reminiscent of the subprime era. The wind that is starting to turn could bring down this house of cards. There is a time to cry and a time to laugh. A time to buy and a time to sell. Yesterday we heard from former US Treasury Secretary Larry Summers. He said the Fed has yet to recognize the… Read more
Sales Remain Strong in Florida’s Housing Market 22 May 2024 - WRE News - Edition May 22, 2024 (by Phil Hall) The Florida housing market recorded 24,682 closed sales of existing single-family homes in April, up 5.8% year-over-year, while existing condo-townhouse sales totaled 10,228, up 1.9% from one year earlier, according to new data from Florida Realtors. The statewide median sales price for single-family existing homes in April was $429,900, up 4.9% year-over-year, while the statewide median price for condo-townhouse units was $335,000, up 3.1% over the year-ago figure. The level… Read more