Green Diamond Miami Beach and Blue Diamond Miami Beach

are sister towers and two of the most prestigious addresses in the Miami area. These condominium complexes are well known for their comfort and luxury, and they’ve been favorites in the area for several years.

Even with the recent economic distress, the sales have been very strong which means both towers are in huge demand. However, in many ways, it is still the buyers market and smart investors have been utilizing this to their advantage. Even during the mortgage crisis, the sales in both towers have been incredibly strong because most buyers these days do not need mortgages and are buying for cash.

During the recession years, the asking price and the sales price were often far different, with sellers taking losses just to rid themselves of their property. What many people don’t realize is that the gap between these two prices have slowly closed, as home sales have picked up. In fact, the average selling price is only 2% to 5% is lower than the asking price. This is a true sign of improving real estate. In addition, the inventory have diminished dramatically within the past year but there are still many great properties for sale in both Blue Diamond and Green Diamond while the buyers’ market is still in effect. If you’ve been considering a luxury beachfront condo in Miami Beach area, this is the time to make your move.

Miami Beach Real Estate Prices Are Going Up

As you’re probably aware, the luxury you’ll receive in either of these communities is hard to match. The prices you’ll find range from $500,000 to well over $2,000,000, depending on the size and layout of the unit you choose. With over twenty residences sold in 2011, it’s easy to see that the sales have picked back up again, and now is still the best time to buy. You can get a great direct ocean front condo with beautiful designer touches, upgraded lighting and floors, gourmet kitchens, and bathrooms with elegant features. It all comes with the price, as well as amenities in the community. You’ll be able to enjoy the swimming pools, fitness centers, two tennis courts, private movie theater, pool-side cafe and service and security staff at all times, not to mention the views you’ll have from every window and terrace.

Take Advantage of the Buyers’ Market

If you’re looking to take advantage of this lingering buyers’ market, then you should certainly act now. The signs are showing that it’s not going to be in effect much longer, and you’ll want to get the best price possible for your new Green Diamond Miami condo. You can count on our agents to give you the assistance you need, so give us a call at 1.954.336.1016 when you’re ready.

Buying a Green Diamond condo or Blue Diamond condo

is not the same as buying a house, so you’ll need someone on your side who can show you the differences. We’ll help you understand all the different aspects involved when purchasing a new condo, and then we’ll show you the many amenities that come with a luxury property like this one. When all is said and done, you’ll be thrilled with your new home and the lifestyle that comes along with it.

The above chart outlines the prices for Miami real estate are at the all time low in comparison to other parts of the world. This is why Miami’s real estate will continue to rebound in 2012.

A recent Census Bureau report revealed that while International real estate buyers dominate the South Florida real estate rebound, a recent Census Bureau report on migration trends indicates that U.S. residents from northern climates are once again heading to Florida for retirement.

Between April 1, 2010, and July 1, 2011, Florida welcomed 256,000 new residents, or roughly 560 new Floridians each day. In total population, Florida retained its No. 4 status, but its 19.1 million residents moved closer to bumping New York, with 19.5 million residents, from its No. 3 spot.

Florida ranked No. 3 for attracting new international residents, behind only California and Texas. However, the Sunshine State ranked No. 2 in attracting residents from other U.S. states. During the 15 months of the Census study, 119,000 moved to Florida from other states, a number surpassed only by Texas’ 145,000 new residents.

The state’s growth according to the Census Bureau surpassed earlier estimates by the University of Florida’s Bureau of Economic & Business Research, and Sarasota’s Herald-Tribune dug a little deeper to find out why. They found that the UF study relies mainly on new electric utility hookups to judge population growth, while the Census Bureau relies largely on tax returns and Medicare data.

Residents of Blue & Green Diamond Towers In Miami Beach

live in the lap of luxury. Located on 500 linear feet of stunning beachfront property on the world renowned Golden Mile in Miami Beach, the 45-story Blue Diamond condos will offer you a gateway to the Atlantic Ocean and access to exciting activities in South Beach and Bal Harbor.

When the Blue Diamond Miami Beach and Green Diamond Miami Beach

were created, detailed attention was given to all of life’s simple pleasures. Amenities include a 16,000 square foot Mediterranean-style spa and clubhouse that includes a state-of-the-art fitness center, sauna and steam rooms, whirlpool tub, private massage/facial rooms, and daily fitness classes including Pilates, yoga, Zumba, and water aerobics. Lighted tennis courts set along beautifully landscaped pathways and a billiard/entertainment center are icing on the cake. Residents also enjoy staffed oceanside pools, beachside cabanas, and the Diamond Café & Market that includes indoor and outdoor dining as well as room service. The Topaz Business Center includes high-speed Internet which can be accessed in the Café Market, on the beach, and poolside. Lobbies in both Blue Diamond towers have recently been renovated to ensure the utmost in luxury.

Many buyers are now taking advantage of the reduced prices of Blue Diamond Miami condominiums and can save as much as 4% on a luxury unit. Each condo unit has ceilings of either 9’ or 10’ in height, a Jacuzzi tub, and European-style kitchens with custom made cabinetry. A variety of floor plans are available so that buyers have the opportunity to personalize their purchase to find exactly what they are looking for.

Buyers have the opportunity to live in or invest in one of the most prestigious addresses in South Florida. Residents have the benefit of feeling like they are on vacation 7 days a week where fantastic shopping, an exciting nightlife, culture and arts, and the most beautiful beaches are always just a few steps away.

Whether you are hoping to make a savvy financial investment or an investment in the quality of your life, Canyon Ranch Miami Beach condominiums offer a superb opportunity. Residents enjoy the stunning white beaches located on their doorstep and are welcomed each day by an expansive and historic lobby. Canyon Ranch living provides everything a person needs to stay in top physical condition while enjoying the many luxuries of life.

Miami Beach real estate

is known around the world for it’s brand new, top-notch, ultra-modern ocean front condominiums, as well as exciting resorts all around the city that offers an endless amount of excitement, relaxation, night life, dining experiences and much more. Residents of Canyon Ranch Miami are able to enjoy the dynamic atmosphere of Miami Beach while being able to escape to their own private resort at any time day or night. Being “on vacation” becomes a daily event at Canyon Ranch.

Canyon Ranch

focuses on health and fitness allowing visitors and residents to regain their youthful energy and vigor for life. Included are a modern fitness center and an innovative spa that offers a variety of spa treatments. People visit from around the world to gain a sense of vitality through the massages and body work offered at Canyon Ranch. Residents have access to these blissful experiences 7 days a week.

To add to the nourishing atmosphere, Canyon Ranch features award-winning dining experiences that focus on healthy and delicious food. Ingredients are fresh, local, and sustainable. It’s not surprising that residents of Canyon Ranch are able to maintain their health, and feel and look fantastic throughout the year.

A wide variety of luxury options are available at Canyon Ranch from 1 bedroom to 6 bedroom units. Each unit has been designed to include top-of-the-line features that offer comfort and class. Whether you are moving in as a single person or with your family, you will find the elegance you’ve been searching for at Canyon Ranch Miami Beach.

South Beach Real Estate

offers luxury living at its finest. Since 2002, select residents have taken advantage of all that the Continuum South Tower condos have to offer. In 2006, the Continuum North Tower was constructed to meet the high demand of buyers interested in living in the lap of luxury. These oceanfront properties offer unparalleled amenities and features that will make comfort and elegance a daily part of your life.

The Continuum South Tower Condo

is located on 1,000 linear feet of stunning ocean beachfront and includes 12 acres of beautifully landscaped gardens, fountains and pools. Residents enjoy a rooftop pool, a smoothie and snack bar, aerobics room, private treatment rooms, heated whirlpools, a cold plunge, the Sporting Club, a private spa and fitness center, a private tennis club with three courts that are surrounded by palm trees, and much more.

When you enter the Continuum North Tower condo

you will be greeted by a luxurious and expansive lobby that includes Venetian Plaster walls, state-of-the-art lighting, and elegant furnishing. The white sand beaches on the Biscayne Bay will be right at your door.

Both Continuum properties allow residents easy access to the gourmet restaurants, special events, and dynamic nightlife in Miami Beach. Whenever you feel ready to escape the city and enjoy an oasis of pure tranquility, your home at Continuum will be waiting for you.

Both north and south towers at the Continuum feature 10’ ceilings and floor-to-ceiling sliding glass doors that lead out to oversized private balconies. Master baths include a whirlpool tub and designer fixtures. All other rooms have been designed for maximum comfort and sophistication. To get the full sense of all that the Continuum condos have to offer, pay a visit. You will have the opportunity to choose a customized floor plan that best suits your lifestyle and your unique needs.

WASHINGTON – Nov. 30, 2011 – Pending home sales in Miami

rose strongly in October and remain above year-ago levels, according to the National Association of Realtors® (NAR).

The Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, surged 10.4% to 93.3 in October 2011 from 84.5 in September 2011 and is 9.2% above October 2010 when it stood at 85.5. The data reflects contracts but not closings.

“Miami home sales have been plodding along at a sub-par level while interest rates are hovering at record lows, and there is a pent-up demand from buyers who normally would have entered the market in recent years,” says Lawrence Yun, NAR chief economist. “We hope this indicates more buyers are taking advantage of the excellent affordability conditions. Many consumers recognize that homebuyers in the past two years have had one of the lowest default rates in history. Moreover, continued inventory declines are another healthy sign for the housing market.”

The PHSI in the Northeast surged 17.7% to 71.3% in October and is 3.4% above October 2010. In the Midwest the index jumped 24.1% to 88.7 in October and remains 13.2% above a year ago. Pending home sales in the South rose 8.6% in October to an index of 99.5 and are 9.7% higher than October 2010. In the West, the index slipped 0.3% to 105.5 in October but is 8.1% above a year ago.

“Although contract signings are up, not all contracts lead to closings,” Yun says. “Many potential homebuyers inadvertently hurt their credit scores and chances of getting a mortgage through easily averted actions, such as cancelling an old credit line while taking on a new one. Such actions could unwittingly prevent buyers from obtaining a mortgage if their credit score is close the margins of qualifying – or they might get a loan but with less favorable terms.”

Miami real estate

is probably still at it’s most affordable point despite tight lending rules and appraisal problems. However, for buyers with cash it’s golden opportunity to step into the market at this time. In fact, we’re seeing the investor community step up, it’s share of home purchases reached almost 25% in August 2011. In fact, most luxury Miami condo buyers paid cash for their non-primary occupant homes.

For investors who can hire out or manage property themselves, the attractive rates of return from rising rental income is a strong lure. Miami rents rose at a better than 3% annualized rate in the third quarter of 2011 according to the government data. However, private data sources imply even faster rent growth.

There is no reason to believe this rent growth will coll, given the favorable demographics of a rising number of young adults over the next 20 years, a high number of owners of foreclosed homes who can’t buy in the near term, and the low construction rate of apartments.

If annual rent gains stay near 3.5%, rents will double in 20 years. If they reach 5%, rent doubling would occur in only 14 years.

In addition to strong rent returns, investors can anticipate solid home price appreciation over the long haul. Using 2000 as a “normal” year in which the market saw neither a bubble nor a bust, the metrics on home prices in relation to consumer prices imply a 14% undervaluation, and in relation to rental rates, a 20% undervaluation.

With the bubble clearly gone, the future home price path should follow the future rent growth path. That means home prices could also double in 14 to 20 years, though it is unclear when home prices will begin to catch up with rents. But long-term investors buying today are sure to catch some, if not most, of the upward ride.

The Mei Miami Beach Condominiums

are the latest addition to luxury living in Miami Beach. These Miami Beach condos are unique in that they blend traditional Asian design with contemporary technology. Residents spend their time relaxing on the white sand beach, visiting the on-site Tea Lounge, spa, fitness center, and Zen library. The Mei Miami condominium is minutes away from the dynamic city of Miami Beach. At the same time, residents have access to their own personal refuge where they can get away from a fast-paced life and into a more centered, tranquil space.

Buyers appreciate the customized options available at Mei condominiums. You can choose from a residence that is ready to move into or opt for a unit that can be personalized by your own decorator. Amenities include a gorgeous lagoon pool with an ocean view. Also included are a misting pool and an Infinity Edge pool. The gardens are landscaped with a tropical theme that provides the ultimate oasis for relaxation.

Located on 175 linear feet of beachfront, the sound of the ocean will put your mind at ease. You will be able to walk barefoot on the pristine beach, take a dip in the oceanside pools, enjoy a massage at the spa, and enjoy the beauty of your condo. Services include 24-hour concierge, security, and valet parking. Each unit has been pre-wired for hi-speed Internet, satellite television, local and international phone, music and video libraries, and voice mail.

You can reserve your space on the renowned “Millionaires Row” where you will share an oceanfront with legendary condos such as the Fountainbleau, the Bath Club, and Canyon Ranch Miami. South Beach and Bal Harbor are merely minutes away so that you can experience some of the best shopping experiences in the world, fine dining, and an exciting nightlife. Set up a consultation today so that you can find the perfect home to enjoy luxury living every day of the week.

The Bath Club in Miami Beach

offers luxury living just minutes away from Bal Harbour and South Beach, two super popular neighborhoods in Miami Florida. The highly esteemed condominiums at the Bath Club Miami are located directly on the beach on Millionaire’s Row, one of the most famous spots along the Atlantic Ocean. If you are ready to have all of the comforts of life right at your fingertips, the Bath Club will deliver in spades.

Residents of the Bath Club Miami Beach

enjoy their condos set on 5.3 acres where there are six beachfront and oceanfront villas and 112 luxury condo units. The gated enclave includes a health club, spa, tennis courts, beautiful walking gardens, a swimming pool, poolside cabanas, formal ballrooms, a billiards and game room, courtyard, outdoor hot tub, gorgeously landscaped grounds, and much more. Services at the Bath Club include fine dining, full-service concierge, 24-hour security, valet, catering, a gourmet market, newsstand, and in-residence dining. Perhaps the greatest luxury of all is the white sand beach located on the blue waters of the Atlantic that will sit at your doorstep.

Residents of the Bath Club condo

will enjoy the world renowned shops in Bal Harbour and the exciting nightlife in South Beach. There is no shortage of superb dining experiences, arts and culture, stunning beaches, and other unique activities in the area. The Bath Club is a rare gem in the middle of one of the most highly sought after areas in the world. Bath Club residents never run out of fantastic weather, great food, and invigorating experiences.

For those interested in purchasing or renting a Bath Club condo, there are a wide variety of choices from 2-bedroom to 5-bedroom units with unique floor plans. All units offer state-of-the-art features and 5 star amenities. The lifestyle you’ve always dreamed of is just a step away with the purchase of a Bath Club apartment.

Sunny Isles Condos Sales

jumped almost 70% (that’s right seventy percent) when comparing to last year’s 3rd quarter. There were 175 condos sold in Sunny Isles Beach within the 3 month period from July to September for a total of $114 million which is 105 transactions more for the same period last year.

Sunny Isles Beach

is projected to sell out of new condo inventory in the next 12 to 15 months according to the number of projected transaction reports in the first three quarters of 2011.

Developers Propose Construction Of Four New Condo Towers In Sunny Isles Beach

Recently major real estate development groups have proposed the construction of at least four oceanfront condos in Sunny Isles Beach

Developers of all four proposed towers have approached the city of Sunny Isles Beach with their respective plans, the city’s attorney Hans Ottinot said.

Each of the proposed projects – with a combined 648 units – is currently categorized as “planned,” “under construction,” or “planned / active” on the city of Sunny Isles Beach’s “Existing & Planned Developments” list, according to a February 2011 report posted on the city’s website as of Nov. 3.

At the current 2011 sales pace of nearly 45 new condo transactions per month, the unsold developer units in Sunny Isles Beach would be absorbed by the end of 2012, according to an analysis based on the Condo Buyers Guide To Sunny Isles Beach.

Given the shrinking inventory of developer units from the real estate boom, Sunny Isles Beach is poised to follow the emerging South Florida trend of new condo construction as 13 towers with nearly 3,500 units are already being proposed for the tricounty region of Miami-Dade, Broward, and Palm Beach as of Oct. 31, 2011.

The new ultra-luxury Regalia condo tower is proposed as one unit per floor and will be one of the first new Sunny Isles Beach project to launch pre-construction sales since the recent downturn in the Florida real estate market. The 42 story Regalia building is projected to start selling at more than $1,000 per square foot which will be a test of the newly improved Sunny Isles Beach real estate market.

The are as many as six additional projects being proposed in Sunny Isles – five condo towers and one townhouse community, all in various stages of planning development and currently categorized as “planned / active,”.

The six new residential projects, as originally proposed, are slated to create more than 450 condo units and townhouses in Sunny Isles Beach, according to the government report.

Overall, the South Florida condo boom has generated nearly $4.1 billion in developer sales of newly created units in Sunny Isles Beach as of Sept. 30, 2011.

Between 2003 and the third quarter of 2011, developers have sold nearly 5,700 condos with more than 9.2 million square feet of space, according to the report.

Sunny Isles Beach is a 40-block stretch from the city of Golden Beach single family homes boundary south to Haulover Beach Park, Biscayne Bay east to the Atlantic Ocean. Sunny Isles Beach is divided up into three neighborhoods separated by causeways: North, Central, and South.

Developers created 27 projects with nearly 6,400 units in the Sunny Isles Beach market since 2003. Prior to the boom, developers had built nearly 60 projects with nearly 12,000 units in Sunny Isles Beach.