South Florida DB's Market Insights June 22'

South Florida is ready for a roaring Summer! South Florida continues to see a surge in home sales and median prices despite rising mortgage rates.

Miami-Dade County recorded the seventh highest number of home sales ever and the second most sales recorded in any April on record last month, according to a report by the MIAMI Association of Realtors.

As always, feel free to contact me with any questions you may have or with any of your real estate needs -

Remember to stay safe and enjoy the beautiful Spring weather.

All the best,

Demand

and Inventory Trends

Real Estate in the News

Stop Googling 'bubble': Here's why the news may be more positive than you think

The shift from 2.7 percent mortgage rates to more than 5 percent will certainly have an impact on the real estate market. We see that happening already.

Read more here!

Local Events

Pride On The Block

June 4th, 2022 1PM - 12AM

Pride on the Block is an annual block party and fundraiser on the 500 block of Clematis Street in downtown West Palm Beach. This event draws crowds from all over South Florida to celebrate Pride month and raise funds for the local LGBTQ+ nonprofit, Transpire Help. Details

Downtown Drive Car Show

June 19th, 9 AM - 3 PM

Come and have fun at the 10th Annual Mizner Park Downtown Drive car Show on Father's Day, Sunday, June 19 at Mizner Park. Admission is Free. There will be over 150 unique cars on display in this year's car show to benefit Make-A-Wish Southern Florida. Details

Maximize the Value of Your Home or Investment

Sell your home faster and for a higher price.

Compass Concierge is the hassle-free way to transform your home with zero upfront costs or interest. I'll work with you to

determine how we can maximize the value of your home by

taking advantage of select Compass Concierge Services.

With Concierge, you do not have to pay the initial out-of-pocket costs for home improvement services like painting, staging, flooring, and more.

Learn how you can maximize the value of your home.

Featured Listings

7820 Hawthorne Avenue Biscayne Point 3 Bed \| 2.5 Bath	827 Spinnaker Drive East Hollywood Lakes 4 Bed \| 3 Bath
551 North Fort Lauderdale Beach Boulevard, Unit H1604 Central Beach 1 Bed \| 1 Bath	11 Island Avenue, Unit 1709 Venetian Islands 1 Bed \| 1.5 Bath

South Florida Spotlight

THE RESIDENCES

• 115 residences ranging from 1,309 sq ft to 4,850 sq ft

• Spacious floorplans boasting ocean, city and Intracoastal views

• All residence delivered fully-finished including flooring, kitchens & bathrooms

• Expansive terraces

• Private elevator lobby for each residence

• Service elevators

• Italian designed kitchens with top-of-the-line appliances

• Walk-in closets in all master bedrooms

• Laundry rooms with full-size washer and dryer

• Prewired for high-speed internet access and WiFi

• THG Paris bathroom faucets

Waterway

BEACH LEVEL

• Restaurant bar & grill with indoor & outdoor seating areas

• Open lounge area on the beach with chaise lounges

• Beach storage

• Food & beverage service

• Water sports

• Wellness programming

RESORT DECK

• Two oceanfront infinity pools

• Private cabanas available for sale

• Private poolside cabanas available for day use

• Lounge area

• Food & beverage service

• Oceanfront infinity pool sunken lounge

• Lush Gardens including covered pavilion & fire pit

•Bar & lounge area

• BBQ & pizza oven area

• Outdoor fitness area & meditation area

• Dog park

LOBBY LEVEL

• Drop-off & arrival experience with impressive porte-cochère

• Oceanfront lobby

• 24/7 valet service

• Reception & concierge desk

• Signature Lissoni sculptural staircase

• Clubroom – multipurpose social event space with prep kitchen

• Library & breakfast room

• Business center on the 3rd floor

• Lounge areas

• Outdoor terraces

• Oceanfront fitness center with juice bar

WELLNESS CENTER

• Wellness concierge

• Juice & nutrition bar

• Treatment rooms

• Relaxation terrace

• Beauty salon & barbershop

• His & hers spa with locker rooms, sauna, steam room, vitality pool and relaxation lounge

• Business center with private offices, conference room and coffee bar.

Interested in Learning More?

David Berger

Licensed Real Estate Salesperson

David Berger Homes Team

M: 786.222.3000
[email protected]

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

South Florida DB's Market Insights June 22'

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