ARCHIVED BLOG POSTS
2018
In the 1970’s and 80’s the goal for most people buying second homes was to have a place for the family to get away and spend most of their vacation time. Following the credit boom of the early 2000’s, vacation homeowners now expect their property to work for them and become an income-producing a...
09/27/2018
On the surface, when one talks about affordable housing, many think it is just another form of charity or government assistance. In a city like Miami with extreme wage discrepancies and a cost of housing that far exceeds salaries, the need for affordable housing goes well beyond simply providing...
09/24/2018
Now that the city of Miami Beach has doled out millions in fines for short-term renting, but to date only collected a tiny fraction, they are turning towards more extreme measures to ban short-term rentals. Mayor Dan Gelber has proposed criminalizing the practice by way of going after landlords ...
09/19/2018
As is typical with any market cycle, there are many social and economic factors that trigger declines in the rental market. Most typically, as is the case now, a surplus of supply and a decrease in demand is sending normally booming rental markets into a slump across the country. The past few ye...
09/17/2018
As the revitalization of downtown Miami continues to heat up, the Miami Worldcenter is starting to make waves as it gets closer to opening. Many developers in Miami began shifting gears last year as they prepared for potential market changes by modifying or even canceling pending projects. Howev...
09/10/2018
When buying or renting a new condo, would a $100/month discount incentivize you to rent in that building? What if it meant you would not have a parking space at the building? Would you, and could you give up your wheels to save money at the end of the day? The Melo Group is betting that some Miam...
09/07/2018