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US Foreclosure activity drops as housing prices go up.

7 important qualities of the Baby Boomer buyer in 2017


Source: Miami Agent Magazine


Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of change.


A recent survey gauged the interests and motivations driving the buying decisions of each generation. We've already broken down the specifics of Millennials, Gen Xers and Young Boomers. And now we look at Old Boomers (ages 55 to 64), who, as our tables below illustrate, are in a position to put preferences ahead of obligations.


Goals of Buying

The majority of buyers between the ages of 55 and 64 are looking for privacy, a good investment and comfort.


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Mediterranean Style Residences in the Heart of Coral Gables.


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Merrick Manor Luxury Residences receives building permit from the City of Coral Gables

Source: Merrick Manor Press Release


Construction of this exceptional, centrally located building in Coral Gables, will begin shortly.


Miami, Florida (PRWEB) January 18, 2016

Project Construction Update

Today is a marvelous day at The Astor Companies. Astor is delighted to announce that the much-anticipated building permit has been received. Major construction of Merrick Manor Luxury Residences will begin on February 1st, 2017. The construction team has started the pile-work on the building site, and high voltage crews have started to remove the overhead utility lines. This project has been long in the planning and permitting stages. It has overcome many obstacles. However, due to the incredible persistence of Henry Torres, president of The Astor Companies and his team, the project has stayed on track and is moving forward. At every turn, officials at the City of Coral Gables have provided valuable guidance and assistance in going through the process. The Astor Companies owes a debt of gratitude to these officials and the leadership of the City of Coral Gables, for the hard work and effort involved in a project of this magnitude. Without their assistance and confidence in this project, it would not have been possible to advance to this consequential milestone.


Merrick Manor is a 10-story contemporary Mediterranean Villa-style condominium project designed by architectural firm Behar & Font, with the lobby and all interior community areas designed by world-renowned design company, Interiors by Steven G. Merrick Manor will be located in the most desirable and exclusive enclave of Coral Gables. Immediately adjacent to the Shops at Merrick Park, when completed Merrick Manor will consist of 227 unique residential units and 19,000 square feet of prime retail space with 24-hour valet and concierge service.


The team at Astor Real Estate Group, which is headed by Sales Director and Principal Broker Roza Radkiewicz, is currently located a 4311 Ponce De Leon Blvd, Coral Gables, Florida 33146 and can be reached at (305) 779-6870. The sales team is looking forward to the spacious new Sales Gallery. It is being built-out across the street from the construction site at 4200 Laguna Street, Coral Gables, FL 33146. They continue to provide excellent service to clients and real estate professionals, which are an integral part of this project. Information on the remaining residences, finishes and design options are available, as well as great knowledge of the surrounding areas. Frequent events are held to provide information on the history of Coral Gables and the greater Miami area, plus additional guest speakers give seminars on various Real Estate topics. To find out when the next event will be held, call (305) 770-6870.


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Miami Marathon 15th Year

Art Wynwood, presented by Art Miami, celebrates its sixth edition at The Art Wynwood Pavilion (3001 NE 1st Avenue), the same location as renowned sister fair Art Miami in Midtown Miami during Presidents Day Weekend from Thursday, February 16 to Monday, February 20, 2017. The five-day show sponsored by Christie’s International Real

Estate will kick off with a VIP Private Preview on Thursday evening benefiting the Miami City Ballet. Art Wynwood has become the most important winter contemporary art fair in the Southeast showcasing international galleries representing a vibrant array of works from world renowned contemporary and modern artists, emerging young talent, and underground artists in the street art movement.


For Tickets And Information

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Visit our Sales Center at

4311 Ponce de Leon Blvd., Coral Gables, Florida 33146

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