RECENT NEWS & PRESS
Experience is Everything in Today’s Housing Market
The age-old real estate mantra “location, location, location” is now giving way to “experience, experience, experience.” That’s especially true in the Miami apartment market, where buildings like Douglas Enclave stand out for amenities and services that maximize convenience for residents. Post-pandemic shifts in favor of remote or hybrid work schedules place even more of a […]
Lock in Your Rent Now: More of the Same Expected for Housing Market in 2026
The U.S. housing market is not expected to see any meaningful relief in 2026, as new construction activity likely will not pick up until 2027 at the earliest. In Miami, renters can wait out another “tough” year by taking advantage of Douglas Enclave’s 18-month lease terms and lock in present-day rents. A new analysis from […]
UBS: Miami is World’s Most Overvalued Housing Market
In case you needed further evidence why renting makes much more sense than buying in Miami these days, the city just ranked No. 1 in the wrong kind of list: the 2025 UBS Global Real Estate Bubble Index. UBS studied 20 major cities worldwide and concluded that Miami is the most overvalued when it comes […]
REPORT: Modest Fed Cut Not Likely to Bring Mortgage Rate Relief
Don’t expect the quarter-point Federal Reserve rate cut to bring any significant mortgage rate reductions for aspiring homebuyers, a new analysis from Realtor.com shows. In fact, mortgage rates may even move higher due to other macro-economic factors. “Prospective homebuyers who are holding off in anticipation that mortgage rates will automatically fall further after the Fed decision may face disappointment, housing economists warn,” according to […]
Skyrocketing Florida HOA Costs Bolster Case to Rent Now
Florida is one of the nation’s leaders in a category that is the opposite of brag-worthy: homeowners saddled with burdensome HOA or condominium association costs. This distinction reinforces why renting is the sensible option in the Miami market, regardless of any incremental interest rate reductions. A new Realtor.com report shows that 44.3% of Florida homeowners […]
Cold Feet: Job Anxiety Has Homebuyers Canceling Purchases, Renting Instead
We are in the middle of “the year of cold feet,” with would-be homebuyers backing out of purchases due to fears of losing their jobs – among other reasons. In the Miami market, these skittish individuals are opting to rent at buildings like Douglas Enclave now and wait for a more comfortable time to buy. […]
Even Millionaires Are Choosing to Rent Now!
The decision to rent over buy is not just about affordability. Reports show that millionaires are continuing a long-term trend of renting for a variety of reasons. Kiplinger writer Dori Zinn examined the significant increase in millionaire renters throughout the U.S. and found that the following factors drove their choice: “high housing costs, better investment […]
Employment Worries, Economic Pressures Scrap Homebuying Plans
The upcoming small Federal Reserve rate cut is not expected to move the needle with South Florida homebuyers, who are much more concerned about their job security and continued economic pressures. These would-be buyers are more likely to keep renting, with Douglas Enclave established as the best new rental option in the Miami market. Approximately […]
Dubious Distinction: Miami Has Highest Mortgage Rates in U.S.
Miami generates many favorable headlines, but the Magic City recently ranked No. 1 on the wrong kind of list: the nation’s most expensive mortgage rates. At just under 7%, the Miami metro area’s median mortgage rate was the highest among all major U.S. markets tracked by construction and real estate industry data firm Construction Coverage. Only 58% […]