Growing demand for apartments pushes up rents....

As apartment demand continues to rise, landlords are projected to increase their rents for the fifth consecutive year. A rise in apartment construction isn't likely to offer relief to tenants anytime soon either, USA Today reports. Between 2000 and 2012, apartment rents have risen 6 percent while incomes among renters have fallen 13 percent in that time period, according to a report from Apartment List, a rental housing website that adjusts for inflation.
 

“That’s what we call the affordability gap,” says John Kobs, Apartment List’s chief executive.

“I don’t see that improving in the near future.” The vacancy rate for apartments has dropped from 8 percent to 4.1 percent from 2009 to 2013, according to Reis, a commercial real estate data provider. Meanwhile, the average national effective rent has increased 12 percent to $1,083 from 2009 to 2013, according to Reis, which data reflects apartments in buildings with 40 or more units.

A 6% rise in apartment rents between 2000 and 2012 has been exacerbated by a 13% drop in income among renters nationally over the same period, according to a report from Apartment List, a rental housing website, which used inflation-adjusted figures.

Source: Associated Press

Posted by Analou Manent - Agent Immobilier a Miami Beach

$50 Million Dollar Penthouse Breaks Records in Miami Beach

A super-luxe penthouse condo at the very top of Miami Beach's Faena House that was listed for $50 million is in contract, making it the most expensive condo ever sold in Miami Beach, according to The Wall Street Journal.

Though the identity of the buyer and closing price were not disclosed, the agent who represented the buyer told the WSJ that "his client liked the privacy afforded by the fact that the building is relatively small—47 units—and that the penthouse has a rooftop pool."

The Faena House, an 18-story condominium tower that sits on Miami Beach's widest stretch of white sand, was developed and built by Argentina's Faena Group. It contains 47 residences, but the penthouse, with panoramic views of the beach, bay and downtown skyline is by far the most luxurious.

The penthouse has five bedrooms, two custom kitchens, as well as a private interior elevator. The property also contains breathtaking features such as a 70-ft infinity pool and an additional 7,000 square feet of exterior space.

Read more: Business Insider

Published by Analou Manent - Agent Immobilier a Miami Beach

New Pre Construction Townhomes in Bal Harbour

New Luxury Townhomes in Bal Harbour Islands starting in rhe $ 699,000.00, modern, spacious, open floorplan, with Rooftop Terrace and Garage.

Located in thr charming town of Bay Harbour Islands, just steps away of World renowned Bal Harbour Shops, Restaurants, Boutiques and Ocean...

For more information call:

Analou Manent

Agent Immobilier a Miami

Tel: + 1 754-245-7501

Beautiful Waterfront Home in Fort Lauderdale

Beautiful Waterfront Home with Ocean Access - $725,000 Great Opportunity in Pompano Beach View the Virtual Tour Great opportunity to own a Beautiful Home on the water with ocean access... Very nice single family home of 3,000 sf, 5 bedrooms, 3 baths, fully renovated kitchen (brand new), on large lot, deep heated pool, 2 car garage. Great neighborhood: very safe with all amenities nearby. Boat lift, large deck with 70 feet on water, not overlooked. Great deal... Heated Pool Oversized Lot New Boat Lift Great Neighborhood Fully Renovated Kitchen Open Floorplan Large Deck 2 Car Garage MLS: A1896803 Sq Ft: 2,978 Yr Built: 1978 Bdrms: 5 Baths: 3 Pool: Yes - Private Parking: 2 Car Garage Asking: $725,000   1301 SE 9th Avenue Pompano Beach, FL 33060 Property Map Analou Manent 754-245-7501 Contact Agent www.florida-prestige.com Lic#: 3164788 Sunny International Realty 17070 Collins Avenue Suite# 256 Sunny Isles, FL33160 305-948-3063

Real Estate Email Flyers by EmailFlyers.net

Regalia - Limited Edition Living

ONE ACRE OF OCEAN FRONT

• Regalia’s landscape is an expression of its seaside location as it captures the rhythm and form of the beach in long sweeping curves parallel to the shore.
• The beach forms a scenic and natural boundary to the pool deck overlooking the ocean.

STEPS TO THE BEACH

• Regalia’s tropical pool deck merges effortlessly into the broad beach washed by blue-green ocean waters.
• Steps away, the Beach Club awaits, anticipating the luxury of hours spent relaxing on sculptured lounges shaded from the sun.

SERENE SPACE TO REJUVENATE

• With unparalleled comfort, the opulent Regalia Spa offers a visionary space to rejuvenate your body and relax your mind.
• Form, materials and filtered light calm the senses in a secluded, sophisticated space that evokes a Turkish-style hamam.
• State-of-the-art fitness facilities, couples’ sauna and individual treatment rooms complete the environment.
• A menu of private spa services, either within the spa or in the privacy of your home, is offered to residents.
• Regalia’s concierge will assist with arrangements for services tailored to fit your needs.

By Analou Manent - Real Estate Agent Miami