From Bogotá to the Bay: Why South American Luxury Buyers (Especially Colombians) Are Quietly Choosing Miami
Snapshot: What’s Different Now International capital is steering the cycle. MIAMI REALTORS® reporting indicates global buyers account for roughly half of new‑construction condo sales in South Florida—49% over 18 months and 52% over 22 months—with Latin Americans...
Luxury vs. Ultra-Luxury: Two Very Different Worlds at the Top of Multi-Unit Real Estate
Snapshot: What’s Different Now International capital is steering the cycle. MIAMI REALTORS® reporting indicates global buyers account for roughly half of new‑construction condo sales in South Florida—49% over 18 months and 52% over 22 months—with Latin Americans...
Had It With Manhattan? Move to Miami—Where Luxury Meets Common Sense
Executive Summary Income migration is real: In five years, ~30,000 New Yorkers shifted roughly $9.2B of annual income to Miami‑Dade and Palm Beach (Bloomberg; Realtor.com). Florida remains the #1 destination for departing New Yorkers; ~17% of NYC movers choose...
The Luxury Condo Playbook: Navigating $2M, $5M & $10M+ Segments in a Buyer’s Market
At the ultra-luxury level, “value” isn’t the lowest price—it’s the best long-run equation of views, privacy, services, club reciprocity, marina access, structural quality, and liquidity. Q2-2025 provides an unusually clear backdrop: buyer-friendly inventory with...
Where to Find Real Value Above $2M: Fisher Island vs. Grove/Gables vs. Downtown/Brickell
At the ultra-luxury level, “value” isn’t the lowest price—it’s the best long-run equation of views, privacy, services, club reciprocity, marina access, structural quality, and liquidity. Q2-2025 provides an unusually clear backdrop: buyer-friendly inventory with...
Why Latin American Cash Buyers Are Powering Miami’s Ultra-Luxury Pre-Construction Market (2025)
Miami’s ultra-luxury condo market has entered a decisive phase: global capital—particularly from Latin America—is now the cornerstone of new-construction demand. The latest MIAMI REALTORS® collaboration across 37 projects shows international buyers purchased 49% of...
Market Brief: Older Miami Condos Are Selling Faster Than New Builds
Source: Miami Herald (Jul 24, 2025) What's Happening The Herald reports older Miami-Dade condos are selling faster than newer ones. Miami Herald Underlying data (MIAMI REALTORS®): 30+ year buildings averaged 62 days on market vs. 79 days for <29-year buildings...
Market Brief: Q2-2025 Miami Luxury Condo Snapshot (Buyer’s Market; Prices Resilient)
Source: CondoBlackBook (Aug 1, 2025) Key stats (luxury = $1M+) Closed sales: 418 (-9.9% YoY, +14.5% QoQ). Median price: $1.9275M (+10.1% YoY). Median PPSF: $1,027 (+3.1% YoY; -4.7% QoQ). Inventory: 19 months. CondoBlackBook $2M+ tier: 203 sales (flat YoY); $1,544 PPSF...
Market Brief: Foreign Purchases of U.S. Homes Surged—Florida #1
Source: CondoBlackBook (Aug 1, 2025) Key stats (luxury = $1M+) Closed sales: 418 (-9.9% YoY, +14.5% QoQ). Median price: $1.9275M (+10.1% YoY). Median PPSF: $1,027 (+3.1% YoY; -4.7% QoQ). Inventory: 19 months. CondoBlackBook $2M+ tier: 203 sales (flat YoY); $1,544 PPSF...
Market Brief: Foreign Buyers Dominate Miami’s New-Condo Market
Source: Homes.com (Jul 30, 2025) Key stats (luxury = $1M+) In the 18 months to June 2025, international buyers purchased 2,688 of 5,460 new-construction condos across Miami-Dade/Broward/Palm Beach. Home Downtown Miami (43%) and Brickell (60%) had the highest...
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