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Plumbing, electrical, solar and roofing-related work represent the most common upgrades
South Florida is cited as a difficult market for first-time buyers
National developers, regional firms and REITs all actively developing
Development had a difficult time obtaining construction financing, a joint venture partner
Solano County represents the only affordable region in the Bay Area
Homes priced below $1.5 million seeing the most activity
New homes start in the 500,000s, existing median price sits at $530,000
Hines has pre-leased at least 287,000 square feet at a building slated for 2017 completion.
Nearly $400 million of residential projects broke ground last month
Prices have not dipped significantly since the summer
Colombian buyers accounted for 10 percent of all foreign transactions in Miami last year
The city's single-family market outperformed the condo sector
Volume of new project deliveries to impact both sectors
Market features a number of $3 million-plus mansion listings
BHHS caters to buyers who typically search according to specific neighborhood
Supply levels of less than two, three months are driving sales prices
Currently has two ground-up developments available for investment
Several firms in expansion mode plan to close more than $1 billion in transactions this year