RECENT NEWS & PRESS
Calling All “Rentvesters”: Rent at Douglas Enclave, Buy Elsewhere
An emerging national real estate trend is the rise of the “rentvester,” or someone who rents in a major city – such as Miami – while purchasing a residential investment property elsewhere. This is a great way to begin building wealth through real estate ownership without having to compromise on lifestyle. A new Realtor.com piece […]
New Report: Miami Leads Nation in Delisting of Homes
Miami now has the dubious distinction of being the nation’s leader in frustrated home sellers pulling their listings off the market, a new report shows. This comes as housing prices remain stubbornly elevated in Miami, which reinforces why renting is the smart choice today. For every 100 for-sale listings in Miami, 59 of them are […]
Miami’s Condo Ownership Challenges Strengthen Case to Rent Now
It has become nearly impossible for aspiring condominium buyers to afford the purchase of even a one-bedroom unit in Miami, given the intense regulatory requirements for owners to fund condo association reserves, repairs and recertification compliance. New reports from the Miami Herald show that recent tweaks to post-Surfside condo safety law reforms are not making […]
Brand-New Two-Bedroom Miami Apartment with Downtown Views!
Frustrated with your search for a two-bedroom apartment in the hyper-competitive Miami market? Great news: Douglas Enclave has a brand-new, two-bedroom corner unit available with immaculate views! Get a feel for the spaciousness and gorgeous views at Douglas Enclave’s Residence 603 thanks to this incredible 3D technology. This 838-square-foot apartment overlooks the building’s pool deck […]
Frustrated South Florida Sellers Pull Homes Off the Market: Report
In South Florida – especially Miami, renting is the obvious choice over buying for the foreseeable future. A new report emphasizes this trend by showing how frustrated local sellers are “yanking” their homes off the market, making an already tight market even tighter. MarketWatch, citing data from Realtor.com, reports that delistings are rising faster than the number of […]
Bring Your Toothbrush: Move-in Ready Furnished Miami Apartment!
In an extremely rare occurrence for today’s Miami market, there is a fully furnished, brand-new apartment ready for immediate occupancy in the city. Douglas Enclave is where renters can find this available unit. Take a virtual tour of this apartment, Douglas Enclave Residence 307, and get a feel for the beautiful furnishings and views. Residence […]
“Hidden” Tax Penalty Could Further Stifle For-Sale Housing Market
A little-known home equity tax could further stall the for-sale housing market, keeping much-needed new inventory on the shelf, a new report shows. That reinforces the major edge renting has in the ongoing rent v. buy debate. Realtor.com notes that “millions of American homeowners are sitting on a hidden tax burden they never planned for – one that […]
FED’S Rate Decision Means Renting Remains Your Best Choice
The Federal Reserve held the line on the benchmark interest rate during its June meeting, keeping the for-sale housing market in a holding pattern for the time being. This means renting continues to be the right move, especially in the Miami market. Without a substantial rate cut, mortgage rates will remain elevated. Pricing relief does […]
Beyond the Costs: Renting Provides True Sense of Community
While there are many obvious financial benefits to renting instead of buying in today’s housing market, other compelling factors further strengthen the case to rent now. The combination of monetary and intangible benefits is especially evident at brand-new Miami apartment building Douglas Enclave. On the financial side, the Federal Reserve’s continued unwillingness to reduce the […]