Is Miami's Real Estate Market Starting To Shift?

Based on EWM’s activity this week, it appears we may be starting to get into a more neutral market. EWM’s Coral Gables’/South Miami office did over $22.5 million worth of transactions this week, with an almost even split between sales (26), and leases (24). Seven of the sales were over $1,000,000. Eight out of the […]

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Homeowner Flood Insurance Affordability Act Passes Senate

The U.S. Senate passed legislation that would delay flood insurance increases on properties whose rates were set to increase once they were sold, that had their flood zones changed when the maps were updated, or that were previously grandfathered in. Although the House is unlikely to approve the four year delay, they are working on […]

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Multifamily Properties Are Still The Commercial Properties In Highest Demand

With South Florida rentals in high demand, increasing rents, and available rentals low, investors are searching for multifamily properties. According to LoopNet, 9 out of the Top 10 Most Popular South Florida Properties were multifamily. Here are some multifamily properties for sale in Miami areas with high rent demand.

Buying, Investment Real Estate, Selling
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More Changes To Affect The Florida Real Estate Market In 2014

On December 20 I wrote a post about some changes to federal laws that may affect Miami’s real estate market in 2014.  I neglected to include two more (well one is a Florida State Law, but I will include it here anyway).  The first one I thought would be extended by now, but since we […]

Buying, Foreclosures, Selling
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The New Year Will Bring Several Changes That Will Affect The Real Estate Market

The Federal Reserve announced on Wednesday that starting January it will begin scaling back its bond purchase program from $85 billion per month to $75 billion per month. 2012’s Biggert-Waters Flood Insurance Reform Act, if not modified, will continue to affect owners of older homes who have subsidized flood insurance.  A 25% increase in insurance is […]

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Florida Is Expected To Outperform The U.S In 2014 and 2015

The economic outlook for the Sunshine State is extremely positive. TD Economics, an affiliate of TD Bank, estimates that Florida’s economic growth will grow from 2.4% this year to 3.5% in 2014 & 4.0% in 2015.  This growth is largely due to the increase in domestic in-migration, which has led us to knock New York […]

Buying, Commercial Real Estate, Florida Life
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Another Great Week At EWM’s Coral Gables Office – $29 Million In Real Estate Transactions

Total sales (24) still outnumbered total new listings (11), which is to be expected in the middle of the holiday season.  Buyers are still out in full force and are purchasing in all price ranges.  The highest sale in our office was the home pictured below.  It sold for $7,030,000 and was listed by EWM.

Buying, Luxury Real Estate, Selling
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Another Great Week At EWM's Coral Gables Office – $29 Million In Real Estate Transactions

Total sales (24) still outnumbered total new listings (11), which is to be expected in the middle of the holiday season.  Buyers are still out in full force and are purchasing in all price ranges.  The highest sale in our office was the home pictured below.  It sold for $7,030,000 and was listed by EWM.

Buying, Luxury Real Estate, Selling
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Florida Foreclosure Starts Down 18.02% Month-To-Month

Realty Trac’s November Foreclosure Market Report shows that foreclosure start in Florida dropped 18.02% from the previous month and a whopping 45.9% drop year-over-year; completions were down 2.72% month-to-month and 15.59% from previous year; and overall foreclosure activity was down 15% and 23% respectively. These decreases show that the foreclosure crisis is almost over, but the Florida still […]

Buying, Foreclosures, Luxury Real Estate, Neighborhood News, Pinecrest, Selling
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Not Going To The Dolphins Game Or Holiday Shopping? Check Out These Pinecrest Open Houses

Okay, it is another beautiful, hot, Miami day in December with lots going on.  If you are not busy and are looking for a new home for 2014, take a look at some of these open houses in the Village of Pinecrest. One of my favorites, is the house pictured below.  It is a 1926 […]

Buying, Neighborhood News, Pinecrest
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