Uncategorized

South Florida Leads In Luxury Home Sales

Galleria International Realty | Fort Lauderdale's Premier Real Estate

South Florida Leads In Luxury Home Sales A recent study by Redfin had demonstrated that South Florida continues to lead in the sales of luxury homes. Looking at the most expensive homes as listed by Redfin, Miami Beach, Coral Cables, and Palm Beach placed in the top six cities for homes nationwide. How expensive is … Read more

South Florida's Real Estate Market Is About To Get Hotter!

Galleria International Realty | Fort Lauderdale's Premier Real Estate

South Florida’s Real Estate Market Is About To Get Hotter! The Naples-Marco Island area is about to get even hotter according to a recent survey conducted by the Local Market Monitor! This area is estimated to see as much as a 41% cumulative gain in one to four bedroom homes over the next three years. … Read more

Investing In South Florida Is Very Lucrative

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Investing In South Florida Is Very Lucrative Invest: Miami 2015 offered some great tips when thinking about investing in South Florida! First, investments should always have a positive effect on nearby residents. That presents a “win-win” opportunity for everyone. Second, we love our international investors. But, there should be room for domestic ones as well. … Read more

A Recent Study Shows South Florida Millennials Prefer Renting

Galleria International Realty | Fort Lauderdale's Premier Real Estate

A Recent Study Shows South Florida Millennials Prefer Renting Why does this generation continue to refuse to buy? Well, one reason is that they have been priced out of the market. In some places, it is cheaper to rent. This group does not have time to worry about HOA fees, property taxes or insurance. They … Read more

Mega-Mansions In Miami!

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Mega-Mansions In Miami! What makes the current mega-mansions in South Florida so exceptional is the land in which they are built on. One home, worth $67 million sits on a 3.6 acre lot that juts into Biscayne Bay. Similarly priced at $65 million, is a historic Coconut Grove mansion that lies on a 6.9 acre … Read more

The Stewards of South Florida

Galleria International Realty | Fort Lauderdale's Premier Real Estate

The Stewards of South Florida It’s always been important for Galleria to be “in sync” with the neighboring community. Surrounding residents have spoken and the developers have heard. After meeting with each other in as many as 20 community meetings, the Galleria mall developers have come to a consensus that should please everyone. The height … Read more

Affordability Offsets Buying In South Florida

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Affordability Offsets Buying In South Florida Currently, the average South Florida home is approximately $270,000. Out of 25 metropolitan areas, only Los Angeles, San Diego, San Francisco and New York had greater average values (RealtyTrac). Least affordable homes were found in Miami-Dade and Broward Counties. However, buying here in these countries still outweighs renting. Freddie … Read more

Miami Is A Brand In Itself

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Miami Is A Brand In Itself South Florida, and specifically, the city of Miami, is known throughout the world. These words represent different things to different people. For some, South Florida means waterways and luxurious watercrafts. Outdoor folks love its beaches, forests and trails. Shoppers, whether from abroad or here in the U.S., understand that … Read more

Tax Time Is Approaching! Have You Taken Advantage Of These Tax Breaks?

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Tax Time Is Approaching! Have You Taken Advantage Of These Tax Breaks? Uncle Sam loves its homeowners!  Are you taking advantage of these tax breaks? Most well known, is the fact that almost all mortgage interest for both primary and second homes can be written off. Tax deductions can be made on home improvement loans, … Read more