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A look at the Heat’s chances heading into the 2018 NBA playoffs

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With but a few weeks left in the regular season and the Heat having cemented their place in the upcoming NBA post-season, fans of Miami’s pro basketball team are now looking to how the squad would fare. Just how good are the Heat this year, and can they go deep into the playoffs?  Image source: hothothoops.com Though positioning in the Eastern Conference isn’t etched in stone at this point, it’s safe to say that the lower four teams in the now-finalized eight (the Pistons have been eliminated) are keen on avoiding Lebron’s Cavaliers in the first round. As of this writing, the Pacers are on fifth place, with the Heat, Wizards, and Bucks taking the sixth, seventh, and eighth, respectively.  The win-loss records of these last three teams are very identical, and it makes perfect sense for their management to be watchful of Philadelphia’s campaign to rise to the third position (as of this writing, they just beat the Cavs to secure that spot). If the trend conti...
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More real estate projects are pushing into South Florida

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Despite nearly five years of plateau in its office-space segment, the South Florida real estate market is now on the rise, evidenced by new office buildings all set to open within the year. This welcome development is fueled by a growing number of renters, mostly in the submarkets.  Image source: miamicentral.com While this does not yet signify an official boom, multiple projects are being planned in the area in a huge effort to meet increasing demand. Residential construction has dipped a little through the first eight months of 2017, but nonresidential construction, including various types of commercial real estate, has gone up by 36 percent to $3.8 billion.  The rationale is, there having been few constructions in South Florida for quite a while, the amount of vacant space has declined. The yearly net records of office spaces have been steady, yet higher rents in certain submarkets have made new developments attractive, paired with consistent growth of ...
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Real Estate Roundup: Smaller Home Inventories In South Florida Affecting Condo Sales

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At the start of the year, buying a luxury condo in the Miami or Fort Lauderdale area was heralded by real estate experts to be a sound decision. This was because the dollar was strong, and developers were offering good discounts of between 1o to 20 percent to absorb the oversupply. Image source: sflhomeinspections.com Approaching the middle of 2018, being ready to buy has become even more important as the inventories dwindle, especially among smaller homes. According to Florida Realtors, the March rebound in condo sales had dipped in the tri-country region just last month. Sales in Miami-Dade County, which had a then 15-month streak of decline broken, came back down anew. Single-family home sales declined by 0.2 percent from a year ago, while the median home price increased by 8.3 percent. The same lowered sales are true in Tampa and Orlando, but they did see an increase in the Jacksonville area. For condos and townhouses, the sales dropped by 6.8 percent. Expe...
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