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Paris Named Top Global Prime Residential Market for 2020, Berlin and Miami Close Behind
According to a new report by global real estate consultant Knight Frank, with capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago. In 2018, economists predicted 'the new normal' - that of higher interest rates and more expensive [...]
Miami Home Sales Raises by Double Digits
MIAMI BEACH, Fla., November 6, 2019 (Newswire.com) - Miami is a lovely place to live, with its all-year perfect weather conditions and some beautiful real estate. Miami Luxury RE LLC is a boutique real estate Miami Beach brokerage dedicated to assisting High Net Worth Individual (HNWI) buyers and sellers with their Miami real estate needs. These include local as [...]
More Focus by ‘Family Office’ Investors on Real Estate is Boosting the Demand of Luxury Real Estate in Miami
MIAMI BEACH, Fla., October 22, 2019 (Newswire.com) - With the looming possibility of economic slowdown, some family offices (i.e. investment firms that work for ultra-rich families) in the U.S. are focusing more on hedging their bets in real estate, as compared to exposure to hedge funds. A recently released report on family offices by UBS and Campden Wealth [...]
Miami Ranked #1 Fastest Growing Luxury Real Estate Market in US
MIAMI BEACH, Fla., October 3, 2019 (Newswire.com) - The USA's real estate market has been witnessing a downward trend in the last few years. Nevertheless, Miami's luxury market has seen an increased demand, broker for Miami Luxury Real Estate LLC states. Miami Luxury Real Estate LLC is a boutique real estate brokerage in Miami Beach [...]
Miami Luxury RE LLC Says Buyers From California and New York Are Flocking to Miami as Tax Refugees
MIAMI BEACH, Fla., August 22, 2019 (Newswire.com) - "The real estate market in the U.S. has been experiencing a slowdown nationally; however, the demand for the luxury market in Miami has increased considerably," says broker for Miami Luxury Real Estate LLC, Maria Kuzina. Miami Luxury RE LLC is a boutique real estate Miami Beach brokerage specializing [...]
These are the richest neighborhoods in New York
PERSONAL FINANCE / 2 APRIL 2019, 5:00PM / SHELLY HAGAN AND WEI LU Finally, a New York City neighborhood has landed a coveted spot on Bloomberg’s annual ranking of America’s richest zip codes. And no, it’s not Billionaires’ Row where residences have sold for more than $100 million. Instead, Tribeca -- a neighborhood in downtown Manhattan near the World Trade [...]
Condo Sales Surge in Miami-Dade County
Luxury house transactions also climbed in March All-cash deals accounted for 35.6% of closings in Miami-Dade County. PIXABAY Growing Miami home sales defied national housing trends in March, including an 18% spike in condo resales compared to last year, according to a report from the MIAMI Association of Realtors on Monday. Existing home sales, [...]
Millionaires Flee Their Homelands as Tensions Rise and Taxes Bite
The world’s wealthy are increasingly on the move. About 108,000 millionaires migrated across borders last year, a 14 percent increase from the prior year, and more than double the level in 2013, according to Johannesburg-based New World Wealth. Australia, U.S. and Canada are the top destinations, according to the research firm, while China and Russia are [...]
Ultra luxe real estate prices in Miami could rise at the second-fastest rate in the world this year
Worldwide, price growth is slowing for the prime property market Ultra luxury real estate prices could rise by 5 percent this year in metropolitan Miami, the second-fastest growth rate among 20 global cities, according to Knight Frank and Douglas Elliman. Knight Frank, a global real estate consultant, and brokerage firm Douglas Elliman forecast that prime property [...]