Real Estate Blog, Real Estate News, Miami Beach Real Estate Blog

Wednesday, March 18, 2009
Tags:   Miami Beach Real Estate, Miami Beach condos

Sellers who refuse to negotiate on price generally have a tougher time in today’s South Beach real estate market than another seller who chooses to compromise.  Buyers may not be out in droves but those that are—particularly those that are buying a home for the first time or are looking for a vacation condo—are usually ignoring the sticker price.  Hence, compromise has become virtually necessary to a seller’s success.

Anyone who is even vaguely familiar with the South Beach real estate market probably knows that condos tend to generally outnumber any kind of property and since the location is a favorite, many outsiders often begin their vacation condo search in South Beach as well as other popular areas like Fort Lauderdale and Palm Beach.  Recent numbers also show that in several cases where South Beach condos are being purchased for use as a second and/or vacation residence, buyers are negotiating prices that are well below what the seller was originally asking for.

Assuming you’re in the market for vacation condos in South Beach and have never embarked on such a purchase before, it may be to your benefit to stick to doing business with condo resellers than developers.  Chances are you’ll be able to get a better deal on a unit but do remember that the deal does not guarantee that tomorrow, the price could have gone lower due to fluctuating values.

Tuesday, February 17, 2009
Tags:   Miami Beach condos, Miami Beach homes, South Beach Real Estate, Miami Beach Real Estate

Last year, surging gas prices had many people trying to figure out how to lessen their commute or figuring out a way to work from home.  On top of trying to buy South Beach real estate, location played a major factor which forced many people to choose a location in the Miami Beach suburbs instead of the waterfront condo they were originally intending upon.

Gas prices have since tumbled but many people would still prefer not to have to drive at all if circumstances allowed for it.  This is where the growing trend of “live-work” residences might be of interest.  Instead of advertising rooms that can function as offices, live-work residences are constructed as homes with genuine offices built-in, custom shelves and high speed internet included.  Web designers, writers and pretty much anyone who has a job where they can work from home can benefit greatly from these types of homes.

There are numerous benefits in a “live-work” residence, the commute savings and reduced carbon footprint only being two of them.  Here in South Florida where getting anywhere within a reasonable amount of time requires vehicular travel, what are the odds of these types of homes becoming a popular buying option?

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