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Miami home prices increase 5% in June, year-over-year, lagging national average: S&P CoreLogic Case-Shiller

Tuesday Aug 29th, 2017

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Miami home prices rose 5 percent in June, year-over-year, marking the fifth lowest increase nationwide, according to the latest S&P CoreLogic Case-Shiller Index. The newly released report, which tracks 20 major metropolitan areas in the country, shows home prices in Miami increased by just 0.4 percent from May to June. From April to May, Miami home prices increased by 0.8 percent, ranking as the 13th highest increase among the top 20 cities. Nationwide, home prices rose 5.7... [read more]

Here’s how much you need to make to buy a house in Miami

Tuesday Sep 5th, 2017

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As home prices continue rising in South Florida, so does the minimum salary needed to afford a house. In Miami, the income needed to buy a median-priced home rose to nearly $72,000, according to a report from HSH.com. July marked the 68th consecutive month that single-family home prices have risen in Miami-Dade. The median price of a single-family home in Miami-Dade rose 12 percent annually in July to $335,000, according to the Miami Association of Realtors. HSH, a mortgage and... [read more]

“Salt Bae” opening his first US restaurant in Miami

Tuesday Sep 19th, 2017

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Nusret Gökçe — aka the man behind the meme phenomenon better known as "Salt Bae” is setting his sights on Miami as the location of his first-ever U.S. restaurant. Gökçe is just weeks away from opening a branch of mini Turkish steakhouse chain, Nusr-et, in the former COYA Miami space this October at 999 Brickell Avenue. This will mark the eleventh location for Nusr-et, which has outposts in places like Turkey and... [read more]

Ex-NFLer to list $18.5M waterfront Miami mansion

Thursday Aug 17th, 2017

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Former NFL linebacker and Super Bowl champ Jonathan Vilma — now an ESPN TV personality — is about to list his modern waterfront home at 17 Tahiti Beach Island Road in Coral Gables, Fla. for $18.5 million. The five-bedroom property measures 8,000 square feet. Recently built, it comes with 161 feet on Biscayne Bay. The home boasts 12-foot ceilings, floor-to-ceiling windows, an elevator, a chef’s kitchen, a home theater, and a three-car garage that can hold up to... [read more]

Once asking $73 million, Céline Dion’s Jupiter Island compound sells for $28 million

Wednesday May 31st, 2017

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Céline Dion finally sold her oceanfront estate on Jupiter Island for $28 million, more than 60 percent less than its original $72.5 million price tag. The Grammy-winning singer-songwriter sold the 5.7-acre compound to a domestic buyer who will use it as a vacation home, the Palm Beach Daily News reported. Jupiter Island Trust, with Paul Friedman as a trustee, is the buyer, property records show. Dion and her late husband, René Angélil, spent nearly $20... [read more]

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