Archive for the ‘Good Deals’ Category
Why do some properties languish on the market for an eternity, while others get snapped up?
Some sellers don’t want to admit that they know the real reason that there property isn’t selling.
An article in today’s Miami Herald shows the success of a stalled condo project in mid-beach that is bucking the trend.
I believe the high-end waterfront home sector in Miami Beach will be the story of 2010. Here’s why: Inventory is way up, homes have been sitting on the market for record amounts of time, and number of real estate transactions are way down.
Miami Beach condos have been pummeled in the media for years. Prices have dropped big time, except for the South of Fifth neighborhood. Inventory is decreasing and number of transactions are up—way up. Not the same for waterfront Miami Beach homes…
Mei Miami Beach: Oceanfront Luxury for Less These pictures are from the newly-opened Mei Miami Beach. “Mei” (pronounced “May-ee”) is an Asian “themed” (notice I put “themed” in quotes) condominium located at 5875 Collins Avenue in Miami Beach. Ya’ll can go on and say whatever you like about Miami Beach real estate. If pics are worth 1000 [...]
6410 North Bay Road, Miami Beach, FL 33141 While perusing the residential real estate inventory on Miami Beach, I came across this fantastic home which was reduced by $1M today! Located on very prestigious upper North Bay Road, and home to celebrities like Ricky Martin, Calvin Klein, and Matt Damon, this estate has five bedrooms, 5,000 interior [...]
Ok off the heels of last week’s wildy successful “Great Deals” post, I decided to make it a regular here at the SBCB. Some of these condos may or may not be in foreclosure or bank-owned. I truly believe that the best deals are out there, it’s just that they are being overlooked because many [...]