Ocean Insiders Blog

 
Friday, March 28, 2014
Ocean Insiders has closed a total of $20 million in residential transactions on Fisher Island this quarter!! This is over 50% of the market share.
 
Total year to date in closings for the whole island is $35 million.
 
Recent closings are 19115, 7966 Fisher Island Drive. Also, the highest selling Oceanside penthouse per square footage. We are happy to announce that our rental transactionshave exceeded expectations this season.
 
Stay tuned for more upcoming closings!
 
Contact us for more information about how we can assist you to sell or buy your next Fisher Island property.
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Wednesday, March 26, 2014
Despite a run up in a high end home prices in 2012 and 2013, the year ahead seems likely to hold further upside.  What's driving luxury home prices higher:
 
1- Overseas buyers view US real estate as a safe haven.
2- A limited supply of trophy properties for sale intensifies demand and pushes up prices.
3- High income households are more confident about US recovery.
4- Higher equity prices have disproportionately benefited high income households.
5- Fisher Island is a value purchase compared to properties in Miami Beach. 
6- The US housing market gained momentum 2012 and 2013 on the back of a healthier economy.
 
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