For those of you in the Miami area who are familiar with the beloved Rusty Pelican that has been closed for the past two months, you can soon breathe a sigh of relief. The 40-year old Miami fixture that closed back in July is in the process of undergoing a $6 million renovation that is expected to be completed by November, according to a recent article from... [Read more...]

The verdict is out. Zip code absolutely affects that value of homes in the South Florida area according to a recent Code-level report from real estate research firm Zillow. The report notes that in certain neighborhoods, homeowners are seeing as much as a 20 percent appreciation since 2010, while others plummet down as much as 30 percent. The neighborhoods that... [Read more...]

The City of Coral Gables might be getting a break soon. Well, kind of. According to a recent article from the Miami Herald, Coral Gables City Manager Patrick Salerno is planning to suggest a property tax cut for Coral Gables’ down to $5.869 from $6.072 for every $1,000 of assessed property value. This news will be introduces as part of the city’s proposed... [Read more...]

In updating our website, Urbanism Group knew that it was extremely important to provide content that would be interesting and relevant to our target audience.  One of the thoughts was to provide data/statistics related to our industry.  Obviously, there is no end to the supply of data in the real estate industry; we are all inundated with reports, releases,... [Read more...]

CoStar Group recently reported some great news for commercial real estate’s office sector. Not only are office property sales up, but this increase is also spreading to other markets and property types. The company’s first quarter 2011 data reveal $12 billion of transaction volume, and that may reach $15 billion once other sales information is verified.... [Read more...]

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