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U.S. Home Turnover At Historic Lows – So Rent Instead!  

The U.S. for-sale housing market is in a holding pattern this year, as affordability challenges give aspiring homebuyers pause. This reinforces why renting is the prudent move for now – and likely for a while.  A new report from Probuilder cites Redfin data about the nation’s home turnover rate this year. In the first nine ...

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Condo Market Imbalance Means Renting Is Preferred In Miami

The Greater Miami condominium market has the nation’s second-highest imbalance between sellers and buyers, another dubious distinction that shows would-be condo buyers are choosing to rent instead. Renting at brand-new Miami apartment buildings like Douglas Enclave is the smart choice today, as affordability and financing challenges continue to hamper the local condo market. Through August, ...

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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% ...

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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 ...

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Brand-New Miami Two-Bedroom Apartment with Split Floor Plan – $1,000 Move-In Credit! 

Douglas Enclave, the brand-new apartment building in the heart of Miami, has an available two-bedroom unit with a split floor plan that is perfect for University of Miami students seeking a roommate. And for a *limited time, Douglas Enclave’s developer is offering a $1,000 move-in credit to the renters lucky enough to secure this apartment.  ...

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Less than 13% of Available Apartments are Affordable for “Typical” Miami Renter! 

In case you needed more motivation to lock in an 18-month lease at brand-new Miami apartment building Douglas Enclave, a new analysis shows that Miami currently has very little inventory that would be considered affordable to a “typical” Miami renter.  Through January 2025, less than 13% of available apartments met the threshold of affordable in ...

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Douglas Enclave’s 18-Month Leases Bring Many Benefits 

As housing costs are expected to rise in Miami – the nation’s “most competitive” rental market – the developer of Douglas Enclave is offering a rare opportunity to lock in a monthly rent under $2,000/month for a brand-new studio apartment. The building has a limited collection of studios, which are available for just *$1,995 per ...