Blog Elements – Page 21 – Elite Title Agency

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

From Condo To Commercial

As skyrocketing prices soar above the condo high-rises that dominate the Miami skyline, investors money has receded to more oxygen-rich segments. Though condo sales are slacking, funds continue to pour into the Miami real estate market. Commercial property seems to be the target rich area as 2016 came to a close and 2017 launches […]

January 18, 2017/0 Comments/by support_8dba

Major Crash Averted?

Uncategorized

President-elect, Donald Trump has not officially been sworn into office, but Republicans in Congress are wasting no time in passing legislation that seems to foreshadow his political agenda. Dodd-Frank was put into action by the Democrats in Congress, and with the full backing of President Obama, in 2010 for the sole purpose of trying to […]

December 30, 2016/0 Comments/by support_8dba

From Condo To Commercial

Uncategorized

January 18, 2017/0 Comments/by support_8dba

Major Crash Averted?

Uncategorized

December 30, 2016/0 Comments/by support_8dba

Full Sized Blog Element (Big Preview Pic)

From Condo To Commercial

Uncategorized

Commercial property seems to be the target rich area as 2016 came to a close and 2017 launches into view.

A recent interview with Alex Zylberglait, the senior vice president in charge of investments for Marcus & Milchap in Miami, exposed his experiences and opinions on this new trend.

Over the last two years, Miami has seen investor funds buying up commercial property grow from over $465 million to $1.75 billion. Although there was a bit of a drop off in 2016, those numbers are still impressive and still show substantial proof of a positive trend.

Luxury condos slowly started saturating the market in 2014 and investors were quick to pick up on this developing asset.

Although commercial sales were slightly lower in 2016 than in 2015, investors are still purchasing steadily. These investors are mainly from South America where they are looking to keep their funds clear from economic recessions and the turmoil in Venezuela.

Zylberglait sees a strong market in 2017 for commercial properties. He did temper his remarks by saying that by late in the year the market could see some slight price correction as economic and political conditions change in the United States.

Even if that is the case, Zylberglait went on with assurance, the equity and strength in the market are deeper than during the last correction. Adding in the maturity of the Miami marketplace, the city is poised to withstand a minor correction.

January 18, 2017/0 Comments/by support_8dba

Major Crash Averted?

Uncategorized

President-elect, Donald Trump has not officially been sworn into office, but Republicans in Congress are wasting no time in passing legislation that seems to foreshadow his political agenda.

Dodd-Frank was put into action by the Democrats in Congress, and with the full backing of President Obama, in 2010 for the sole purpose of trying to reign in financial institutions in hopes of avoiding any future economic downfall.

Trump has made it clear during his campaign that he feels that Dodd-Frank has put a strangle hold on economic growth and has vowed to have it reversed. His campaign promise seems to be on its way toward fulfillment.

At the current moment, there seems no way to get this billed passed as Congress is lame-duck and President Obama vowed to veto it. The future of the bill sits with the new Congress, led by a Republican majority and the soon to be Trump administration.

Trump and the Republicans in Congress see Dodd-Frank as a complicated and overly restrictive bill. The new bill would allow large banks with over $50 billion in assets to no longer be deemed as a threat toward a future financial crisis.

The ease would allow for these institutions to ease up on lending practices and make borrowing easier to those in small business and those living on Main St. This action would produce growth in the housing and business market.

Proponents of the legislation state that the reason the bill is being pushed is to give a payback to Trump supporting Wall Street financiers.

Whichever it is, one thing is clear, economic growth would be beneficial for commercial and retail America.

December 30, 2016/0 Comments/by support_8dba

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

Full Sized Blog Element (Big Preview Pic)

Main Office