In the seven days to July 6, 2015, MLS counts 15 new listings for commercial/business/agricultural land, down from from the prior week ending June 29th, which saw 20 new listings of this type. Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and availability. These are […]
About a month ago, we reached out to a couple of our favorite banking contacts to get some current guidelines for financing of Miami area commercial properties. The near zero short term interest rate environment we have enjoyed since the end of 2008, as evidenced by the “Code Blue” chart pattern at right of the Federal […]
In the seven days to July 6, 2015, MLS counts 95 new listings for improved commercial/industrial properties within Miami-Dade County, down from 127 in the prior week ending June 29th. Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and availability. These are influenced by […]
In the seven days to June 29, 2015, MLS counts 20 new listings for commercial/business/agricultural land, down slightly from from the prior week, which saw 24 new listings of this type. Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and availability. These are influenced […]
In the seven days to June 29, 2015, MLS counts 127 new listings for improved commercial/industrial properties within Miami-Dade County, up from 110 in the prior week ending June 22nd. Miami area commercial real estate related headlines during this period, all linked to the original stories, can be found in the following pages (listed by date): June […]
In the seven days to June 22, 2015, MLS counts 110 new listings for improved commercial/industrial properties within Miami-Dade County, up from 91 in the prior week ending June 15th. Further, during the same period, it counts 24 new listings for commercial/business/agricultural land, down slightly from from the prior week, which saw 25 new listings of […]
In the seven days to June 15, 2015, MLS counts 91 new listings for improved commercial/industrial properties within Miami-Dade County, up from 86 in the week ending June 5th. Further, during the same period, it counts 25 new listings for commercial/business/agricultural land, also up from the week ending June 5th, which saw 18 new listings […]
As can be seen in the above chart, new commercial/industrial (improved) listings in MLS for Miami-Dade County have fluctuated in a range of 300 to 450. This follows, in the years preceding, a period in which but for a bump in the 3rd quarter of 2011 the quantities of new listings for this category were […]
The Q2 2015 update of the Residential Real Estate Market Study of the Miami Downtown Development Authority has been released . This is a a continuation of their Q1 2015 (Annual) market research report. Some of their findings in this most recent report include: Units under construction have declined 6% due to formerly under construction projects having been delivered. 153 Additional units […]
It is usually the case that when one views a chart of some variable, the chart goes up and down erratically. Of notable exception is the MLS chart, shown here, of average days to sell commercial property in Miami-Dade County for the six years from 2010 to 2015. Not only have the days to […]
In the seven days to June 5, 2015, MLS shows 86 new listings for improved commercial/industrial properties within Miami-Dade County. During the same period, MLS counts 14 new listings for commercial/business/agricultural land, making the total of both exactly 100. This strong listings pace is in line with the strong pace of closed sales counted by MLS, […]
In the six years from 2009 to 2014, closed commercial land and developed commercial property transactions have steadily increased. Starting off in January 2009 at barely a 500 transaction per year pace, in 2014 transactions fairly steadily hovered around 1,700 per year. This growth in unit sales is significant, but it was slightly dwarfed by the growth […]
A recent study from the Miami Downtown Development Authority (DDA) about the recent trends in office markets in South Florida has shown a marked increase in business in the Miami-Dade County region. The study included in-depth research into the markets of Coral Gables, Miami-Airport, Boca Raton and the downtown region of Fort Lauderdale in addition to […]
We recently extracted some office building sales data from Costar, specifically sales by quarter. We were looking at sales in units, not dollars, to get an idea of what percentage of properties were turning over. As those in the industry can attest, sales have been increasing. After hovering at around or just over 2% throughout […]
