Michael Correra's (brickellspecialist) Blog

According to today's Miami Herald , the South Florida economic recovery should see a slight improvement in hiring and a small dip in unemployment .Housing still remains the unknown  800 pound gorilla in the room .All signs point to the gorilla not prone to cooperate in this economic healing anyti...

The normal forces of supply and demand were totally ignored in the past 15 years ,in favor of available capital formation ,by the  housing industry ,government , and Wall Street .Demographics never played a part in this "artificial demand" for construction of commercial and residential properties...

Since Genting , a Malaysian conglomerate bought  the Miami Herald Building in May for $236 million and announced plans to build the World Resorts Miami complex on the site ,almost daily articles and political posturing in Tallahassee has commanded the attention of all the stake holders that are i...

While my previous blog brought out the fact that one  ecomomic adviser is predicting a 50% drop of real estate value in the next decade , yesterday the South Florida Business Journal was stating "New highs in real estate prices appear to be coming at a frenzied pace." Of course they were referrin...

Some  time ago keen critics  of what bank were doing  with their non-performing mortgages ,coined the phrase "hold and pretend" , as to what banks were doing ( or better yet..not doing ) with their non-performing assets.By now even the novice realtor knows market values of properties don't align ...

Author on Outlook for "The Great Crash Ahead"   On Sept. 30  ,2011  -- Harry Dent, founder of economic advisory firm HS Dent and author of "The Great Crash Ahead," talks about the outlook for the U.S. economy. He speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (...

While most economic and real estate advisers are talking about a "bottom" in the next 6 months or one year or two , Dent says the 24 Trillion dollar personal debt as well as the 15 Trillion dollar government debt in these United States of America , will make it impossible for at least 10 years ,a...

Last week the Miami Herald reported that the the County Commission of Miami-Dade was weighing in on it's concerns as it applies to the very strong investments and proposed investments from national as well as  international players in the Casino industry.When this discussion starts among people i...

Today , our company ,Piquet Realty and especially our CEO , Cristiano Piquet ,was highlighted as one of the real estate companiies in Miami taking advantage of the many Brazilian investors as well as tourists ,spending and investing in Miami. Our company , for example, have put  together one-stop...

  It's really official now as the front entrance to the sales office of the 3200 Collins Ave block has new signage that states the "Faena Group" is now in charge of bringing this stalled project forward , headed by the well known Argentine Artist -Developer Alan Faena .The old remodeled Saxony ge...