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Miami is the front runner to host the travel Industry’s 2016 International Pow Wow. If this is not news to you then read further. This three day long extravaganza is anticipated to generate $400 million in revenue from future International visitors. Pow Wow is a three day trade show promoted by US Travel Association’s that ... [Continue Reading]
Lower Priced Mansions Attract All-Cash Buyers
Miami Beach, long a playground for the rich and famous, is now more accessible. If you consider $3 million, as opposed to $6 million, accessible. About 60% of residents are part-time residents from the North or Europe buying with all cash. The lower prices are affecting everybody. NBA star Shaquille O’Neal recently took a hit ... [Continue Reading]
Luxury Insights is making a North-American search for the best realtors in the luxury market devoted to marketing themselves and their properties. The sixth-annual ‘Our  Leaders in Luxury National Marketing Competition’ is receiving entries in the following categories: Best Marketing Campaign for a Luxury Property (domestic or international) Overall Excellence in Personal Marketing with Emphasis ... [Continue Reading]
The Florida Office of Financial Regulation will stop taking applications for mortgage licenses on July 8 as it overhauls the background screening system to look for criminal records and credit history. The changes apply to mortgage brokers, mortgage brokerage businesses, mortgage lenders and correspondent mortgage lenders. Applications submitted by July 8 will be processed before ... [Continue Reading]
Big Firms Snapping Up Condos
Condos sales are up an estimated 70 percent from last year. Many of the recent purchases are being conducted by large firms buying in bulk at rock bottom prices. Lionheart Capital, consisiting of a team of Miami investors and strategists and backed by a New York based private-equity firm, recently dropped $120 million for 146 ... [Continue Reading]
Don’t call it a comeback!  Downtown Miami is seeing greater demand for urban living in areas previously thought to be solely business districts. A Residential Closings and Occupancy study by Goodkin Consulting/Focus Real Estate Advisors has found that 74% of the 22,079 residential units built in Downtown Miami since 2003 are currently occupied. This uncovers ... [Continue Reading]

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