Categories
Buying Selling

EWM Is On The Technological Forefront Again

EWM is the only company in South Florida that has a rapid form of response for every online inquiry.  

What does this mean if you are a seller?  All inquires on your property are answered immediately by our EWM Customer Care Team. Since 90% of buyers start their home search online, having a quick response time when they are looking at your property on our website is vital to capturing their interest and getting them to visit your property.

 

 

 

If you are a buyer searching online for a new home, nothing is more frustrating than finding one that meets your criteria only to not have your request for further information ignored.  EWM’s Customer Care Team ensures that you receive an immediate response.

This is the newest generation of online lead management and we are happy to be on the forefront! 


Categories
Buying Luxury Real Estate Selling

Gated Communities In Pinecrest: Sanctuary At Pinecrest

The Sanctuary at Pinecrest is on 112 Street, next to the Village of Pinecrest Community Center and Pinecrest Gardens.  Twelve homes are tucked into this enclave built by nationally recognized, award wining builder Brookman-Fels.  Built between 1995 and 1998, the homes sit on over 33,000 square foot lots and are between 5,200 -7,900 square feet under air.  The last sale in the  Sanctuary at Pinecrest was in August of 2009.  It closed for $1,577,900, $285.44 per square foot.

Categories
Buying Investment Real Estate Selling

Summer Is Almost Over, Will The Miami Real Estate Slow Down?

In most markets in the country, Labor Day is the official end of summer because children are back in school and the weather starts getting cooler.  Along with students settling in their seats, the real estate market also starts to slow down since parents try to make their move to align with the start and end of school.

As anyone who lives here will tell you, Miami is not like most cities in the country about anything and real estate is no exception.  We actually have two real estate markets, the “traditional” one that is from Spring to Summer and the “snowbird” market that is from Fall to Spring.  So basically, year round!

With the huge number of sales we are posting in 2012 and the amount of cash that is still out there, I do not see the market slowing down.

If you are a seller that had been considering selling but were holding back until prices came up, now is a good time to list your home.  Inventory is down, demand is up, and prices in many of our neighborhoods have increased.  If most sellers wait until the “traditional” listing season, you will have more competition next Spring.

If you are a buyer, know that competition is tight.  You are going to need to be prepared if you want your offer to be accepted.  If you are not paying cash, be pre-approved for a mortgage.  The more money you put down, the stronger your offer will be.  Know the market and the listing history of the house you are putting an offer on.  If the house is price well based on relevant sales in the neighborhood and the house has not been on the market long, don’t make a lowball offer.  It isn’t the buyer’s market it was two years ago.

Categories
Buying Pinecrest Selling

Gated Communities in Pinecrest: Criterion Estates

Criterion Estates in Pinecrest

Located on Red Road between Coral Oaks Tennis Club and Pinecrest Gardens, Criterion Estates was developed between 1996 and 2001.   There are a total of 7 two-story homes that range in size from 5,200 square feet to over 8,000.  The lots are 22,000-32,500 square feet and have beautiful landscaping.  The last sale was in 2009 for $1,555,000 or $263.47 per square foot.

Categories
Buying Market Summary Selling

Miami Real Estate and EWM Make The News Overseas

On August 13, the Financial Times of London posted a video titled Foreign Buyers Flock to Miami.   EWM’s Ron Shuffield and Carole Smith were featured in the story, which highlighted the following:

  • 2011 was a record year for the number of sales of single family homes and condos
  • Majority of foreign buyers are from Venezuela, Brazil and Argentina
  • 2011 60 % of sales from foreign buyers and 90% of them paid cash
  • 2012 sales jumped 20% in first 1/2 of year.
  • 65% of June 2012 sales were cash sales 90% of the sales were to foreign buyers
  • Sunshine, multiculturalism and global access are features that make Miami so attractive to buyers

Categories
Buying Investment Real Estate Market Summary Selling

Miami-Dade Real Estate: Sales Are Still Going Up

EWM’s Coral Gables office had another amazing week in sales.  Over $23,000,000 in sales and leases this week, the week before schools start.  That follows last weeks’ $19,800,000+ in sales and leases.  The fact that sales are so high the last two weeks of summer vacation is a sign that the real estate market in Miami-Dade County continues to recover.  The number of sales (25) equaled the number of leases this week and were only slightly lower last week (21 sales and 25 leases).  This week we had 14 new sales listings.   Last week we had 8 new sales listings.

  • The breakdown in price range for the sales for single family and condosin our office over the last two weeks was:
  • 11 between $1,000,000 -$4,000,000
  • 9 between $500,000 & $999,999
  • 12 between $300,000 & $499,999
  • 12 between $100,000 and $299,999
  • 2 under $100,000

These numbers show that the luxury market is starting to recover, the lower priced inventory has significantly dropped as investors pick up properties, and demand in the middle price range is still strong.  If you are in the market to buy or sell, give me a call to discuss prices in your specific area.

 

Categories
Buying Neighborhood News Pinecrest Selling

Gated Communities in Pinecrest: Palms Estates

Directly across the street from Red Oaks and behind Arboretum Estates is the ultra private Palms Estates.  This gated enclave of six homes, ranging in size from 4,000-7,500 square feet on half acre lots, has not seen a single turnover since the homes were built, between 1995-1998.

Categories
Buying Selling

Latest Technology Is Paramount In Today’s Real Estate Market

Professional Forms From FAR

Gone are the days of having to receive paperwork via e-mail (or fax!), print it out, sign it, scan it, pray all of the pages scanned correctly and e-mail it to next party, who has to go through the same process, before the executed contract comes back completely illegible.

Not only does e-signing make for much neater contracts, it also expedites the offer-to-executed-contract process.  As a buyer or seller, you no longer have to be waiting by a printer, fax machine, or scanner.  You just open the file, acknowledge that the electronic signature is legally binding, choose your signature, and sign, initial and date where indicated with the click of a key stroke!  As soon as you are done, the program automatically sends it to the next person for their signature.

Categories
Buying Selling

Latest Technology Is Paramount In Today's Real Estate Market

Professional Forms From FAR

Gone are the days of having to receive paperwork via e-mail (or fax!), print it out, sign it, scan it, pray all of the pages scanned correctly and e-mail it to next party, who has to go through the same process, before the executed contract comes back completely illegible.

Not only does e-signing make for much neater contracts, it also expedites the offer-to-executed-contract process.  As a buyer or seller, you no longer have to be waiting by a printer, fax machine, or scanner.  You just open the file, acknowledge that the electronic signature is legally binding, choose your signature, and sign, initial and date where indicated with the click of a key stroke!  As soon as you are done, the program automatically sends it to the next person for their signature.

Categories
Buying Luxury Real Estate Selling

Gated Communities in Pinecrest – Arboretum Estates

Arboretum Estates in PinecrestJ

Just south of Red Oaks and next door to Wayside Fruit Stand is Arboretum.  This gated community of 11 single family residences was built between 1991 and 1993.  Homes  range in size from 4,000 to 6,000, lots from 15,000 to 19,000 square feet.

The residents really love Arboretum; there has not been a property listed for sale in there since 2010!  It sold for $1,600,000 ($320 per square foot).  Homeowners fees are $1,000 per quarter.

Stay tuned for my next featured community in this “Gated Communities in Pinecrest” series.