News

  • South Beach Penthouse Buyers- Art Basel Clients

    BY Allan Kleer

    Art Basel Miami Beach will be taking place December 4 - 7, 2008. Art Basel Miami Beach is the most important contemporary art show in the United States, a cultural and social highlight for the Americas. It is the sister event of Switzerland's Art Ba...

  • Miami Beach Real Estate: Picking up Bargains – Now is the time!

    BY Allan Kleer

    It’s been a busy month for myself and my team, as we’re seeing strong buyer activity from so-called “Bargain Hunters”.  I’ve intentionally avoided weighing in on the technicalities of the financial crisis and the future impact of the Pauls...

  • “TIPS for Sellers” in Today’s Market

    BY Allan Kleer

    What Works: Be willing to contribute to Buyer's Closing Costs Consider Seller Financing Offer to pay for Buyer's Mortgage Points Get a Home Warranty Gimmicks that generally do NOT work: Free Vacations Free TV's and cars Non-related seller...

  • Foreign Buyers Putting Florida First

    BY Allan Kleer

    According to a recent study released by the National Association of Realtors, approximately 25% of all international purchases in the United States are occurring in the state of Florida, which represents a significant target market for anyone interes...

  • South Beach Condos (South of Fifth)- Latest Closed Sales & Quick Market Update

    BY Allan Kleer

    Below are some highlights of closed condominium sales for the past 90 days for the more prominent South of Fifth Street buildings such as Murano at Portofino, Murano Grande, Continuum II South Beach and Continuum South Beach, Apogee Miami Beach, Port...

  • Miami Beach Single Family Homes- Latest Closed Sales & Quick Market Update

    BY Allan Kleer

    I'd like to highlight a few of the more significant closed sales information for single family homes located on Palm Island, Hibiscus Island, Venetian Islands and Sunset Islands in Miami Beach from May 1 through August 20, 2008. A total of eighteen ...

  • Florida Tax Reform – Amendment 5

    BY Allan Kleer

    The State of Florida is still in desperate need of property tax reform & reduction. The measure that was approved last year has helped to provide some limited tax reductions, but has turned out to be a complicated & very limited property tax...

  • South Beach Luxury Condos – Market Update

    BY Allan Kleer

    Below are sales statistics for the overall Miami Beach (South Beach) luxury condo market for the past three months : As of late July, there are 450 units for sale between $500K and $1.1M As of late July, there are 209 units for sale ...

  • Foreclosure Prevention

    BY Allan Kleer

    The foreclosure problem has left many struggling homeowners looking for a means of relief in order to avoid having to give up their cherished South Florida homes and thus become the next foreclosure statistic. While positive efforts are being made to...

  • Downtown Miami’s Condo Oversupply- Not as Bad as Initially Projected

    BY Allan Kleer

    Statistical Source: The Miami Herald 6/19/08 Everyone is well aware of Miami's downtown building oversupply, but just how bad is it? In the last six years, 22,737 units were built or are now under construction in Miami's urban core -- more than doubl...