Real Estate, Community News & More from My Desk to Yours

Wednesday, January 11, 2012

Real Estate around the World, Cost per Square Foot

Listen to Jeannett Slesnick and Ginger Jochem on the Coral Gables Real Estate Today Radio Show on 880 AM The Biz every Wednesday from 1 to 1:30 p.m. This past week, Jeannett and Ginger gave a glimpse of the cost of real estate around the world. The price per square foot in some of the world’s biggest cities will amaze you. See how Miami compares below…

LOWEST WORLDWIDE
Santiago, CHILE $160/sq.ft.

LOWEST USA
Houston, TX $54/sq.ft.

MEDIAN WORLDWIDE
Athens, GREECE $890/sq.ft.

MEDIAN USA
Chicago, IL $158/sq.ft.
(Miami, FL ranks nearby at $178/sq.ft. Coral Gables’ price per square foot is $371)

HIGHEST WORLDWIDE
Paris, FRANCE $3,287/sq.ft.

HIGHEST USA
New York, NY $1,068/sq.ft.

Prices in U.S. Dollars. Figures based on 2011 MLX data and Credit Sesame Blog.

Screening of "Red Tails" with Cuba Gooding, Jr.

Recently, the United States Southern Command, here in Miami, had a premier screening of the movie "Red Tails" with Cuba Gooding, Jr. The movie about the Tuskegee Airmen, a group of African American pilots during World War II, opens at local theaters January 20th and has received positive reviews for its inspirational message of resilience. The Alabama Crimson Tide football team saw the movie prior to the BCS national championship game; Coach Nick Saban quoted the motto of the Red Tails: "the last plane, the last bullet, the last man, the last minute, we fight." It seems the Airmen inspired a whole football team to greatness. Pictured: Air Force Gen. Douglas Fraser and Cuba Gooding, Jr.; Original Tuskegee Airman Eldridge Williams and Gooding. Photo Credit: Spec. Scott Riley, U.S. Army.