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not a housing bubble 2021

Three charts that tell us this is not a housing bubble

July 21, 2021

[caption id="" align="alignnone" width="750"] 3 Charts That Show This Isn’t a Housing Bubble[/caption] With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. - miami housing market 1. The housing market...

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How to manage your mortgage before interest rates rise

July 19, 2021

How to manage your mortgage before interest rates rise [caption id="" align="alignnone" width="750"] Mortgage Strategy low rates Real Estate Miami Florida[/caption] In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than...

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Miami’s Travel Market Nearly Fully Recovered Despite Rules Banning Some International Tourists

May 11, 2021

Miami hotels saw revenue in March and April that was close to their pre-pandemic numbers, even though the lucrative international market is mostly closed off. During April, hotels in Miami saw as much as 98 percent of their business recovered compared to the same period in April 2019, statistics from the Greater Miami Convention and Visitors Bureau show. At the airport,...

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Total Demolition Of Building On Baccarat Residences Site Complete

April 20, 2021

Total demolition of a four-story office building on the Baccarat Residences site in Brickell was completed today. Developer Related Group has also released new renderings of a riverwalk planned behind the new project, including a connection under the Brickell Avenue bridge to the Miami Circle. According to marketing material, Baccarat Residences will have three towers rising 57, 77 and 82 stories....

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New York State Is Set to Raise Taxes on Those Earning Over $1 Million

April 7, 2021

The deal, a sign of Gov. Andrew Cuomo’s weakened influence, would mean wealthy New York City residents would pay the highest combined local tax rate in the nation. Gov. Andrew M. Cuomo and New York State legislative leaders were nearing a budget agreement on Monday that would make New York City’s millionaires pay the highest personal income taxes in the...

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Miami is a true Paradise!

March 9, 2021

#Repost• • • • • •Florida State income tax is 0% compared to California State income tax which is 13.3% and expected to rise to 16.8%. This is one of the many things you will love about Florida!..#Taxes#Florida#California#RealEstate#Invest#LuxuryRealEstate...

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New Details Of 75-Story Baccarat Residences Brickell

February 22, 2021

Related Group is moving forward with Baccarat Residences Brickell, and the developer has now revealed more details of the project in the Herald. Soon to be Baccarat Residences at Brickell The first tower at the Baccarat site will be 75 stories. In total, three towers are planned. Over 300 condo units are planned in the first tower, along with at least...

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Why are we seeing more traffic from California?

February 18, 2021

Here are some reasons: 1- California imposes an 8.8% corporate income tax on businesses, while Florida has it at 4.458%. 2- Florida’s absence of a personal income tax. Paychecks go farther in Florida compared to California, which has the highest state income tax in the U.S. at 13.3%. 3- Florida residents do not have to pay taxes on capital gains,...

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COMING SOON!!!

February 10, 2021

Brickell is getting a Baccarat Hotel & Residences at 444 Brickell. Developer Related Group is teaming with Baccarat on the project, according to The Real Deal. The project, formerly known as One Brickell, will include three towers and retain Arquitectonica as the architect, the report said. (In 2019, Related’s Jon Paul Perez said he wanted to do a Brickell waterfront project designed...

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