Right now many people from around the world are coming to Miami to park their cash to hedge and hide money from their homeland. But economies shift and change overnight. Thus, having a homegrown population base that lives and works in Miami is important for a sustainable future.
And we have the whole world's wealth vying for our limited supply of trophy properties. Pent-up demand is reducing inventories to our lowest's levels since 2005.
Miami has more work to be done to realize its vision as a world-class city: stimulating economic development, enhancing access to public transit, and increasing quality of life for its residents and visitors.
Today, value is not found on a checklist including square footage or finishes. Today's value comes from a holistic view of the home. Here the top five "must haves" in home design today.
I moved to Miami nearly five years ago to start a yoga company. Miami was cheaper and there were fewer yoga studios than in other metropolitan cities. I also knew that it is sunny exactly 70 percent of the time. Coming from Philly, this was huge.
If you are old enough to remember Avocado Green and Harvest Gold, you know that day eventually comes to say goodbye to some home trends.
While Miamians have traditionally opposed gambling, Genting's bling has turned a lot of heads and eased their fears. They say "Gambling is already here," "A big casino will bring jobs."