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No sweat to fill 30,000 condos

When some 30,000 new condos are built in a county within two years, it begs the question if there are enough people to buy them. But residential agents and industry watchers say they have confidence the…

Vast project’s job creation debated

Vast project’s job creation debated

The Miami Worldcenter project, set to begin this year, is the beneficiary of tax breaks forecast to be as high as $6.889 million per year through 2030. Detractors say the…

Strong housing prices might dip

Strong housing prices might dip

Those who are immersed in residential real estate every day believe the market will stay strong in 2015, with leveling off on the appreciation we’ve seen for the past few…

More hotel rooms create rate pressures

More hotel rooms create rate pressures

Market watchers see a continuing bright outlook for Miami-Dade’s visitor industry in the coming year, with a possible dip in some room rates as new hotels come online. The hotel…

Traffic tangles office market

Traffic tangles office market

Drivers’ frustration with ever-lengthening commutes and snarled traffic has a direct effect on Miami’s office leasing market. “Everyone is becoming more concerned about the time it takes to commute,” said…

Visitor growth spurs hotels development

Visitor growth spurs hotels development

Industry experts agree there’s intense hotel development in different pockets of Miami-Dade to fill what they say is an ever-growing demand for additional rooms. The occupancy rate here is one…

Parking issues park 19-story tower

Parking issues park 19-story tower

Concerns about enough room for parking have temporarily sidelined a mixed-use project that would be a neighbor of the Design District. Mack Real Estate Group is the developer of District…

Miami Circle parking goes round in circles

Miami Circle parking goes round in circles

Archaeologist Robert Carr is sending to the state his fifth revision in a year of a study evaluating the 2,000-year-old Native American historical site beside the Miami Circle and outlining…

Russian ruble’s skip hits Miami realty market

Residential brokers who help Russians find homes in Miami say the plunging value of the ruble will probably affect their clients in a variety of ways, including apprehension over buying…

South Florida electric costs 17% cheaper

South Florida electric costs 17% cheaper

The Miami area, which consistently has paid far less than the national average for electricity, saw the gap widen even more in November. In November 2013 the Miami area was…

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