Condoideas Realty Group- Newsletter November 2022.
The high season will soon be here, the weather is already awesome. Next month, our beautiful city will glow with new residents ready to enjoy their winter in the sun. It is funny how Miami can change in a such a short period. The demand for rentals is slowly increasing and buyers are starting to have a look at their options. In this edition of my newsletter, we will have an overlook at the latest real estate news. First let's talk about the purchase of a historical Miami Beach building. Yet again, a developer wants to buy a historical property to tear it down and build a brand new condo.To give you my point of view about the actual real estate in Miami, I have analyzed a sample of 11 condominiums in Brickell to understand the main tendency in this neighborhood. Tell me if the result strikes you, I was in shock. After that, we will discuss how the Federal Reserve policy influenced the rise of mortgage rates and of course the buying power of my clients. November will be full of surprises. Don't forget to go to the NightGarden at the Fairchild Tropical Garden, I have been there at least 3 times and I'm always mesmerized.