How’s The Pinecrest Real Estate Market?

I usually save my market updates until the end of the quarter, but with so much activity going on I figured I should write a quick snapshot in case you are thinking of buying or selling a home in the next couple of months. Since January first of this year, there have been 58 new […]

Buying, Foreclosures, Luxury Real Estate, Neighborhood News, Pinecrest, Selling
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Want To Buy A Home In North Coral Gables? These New Listings Are Sure To Please

Today during our open house tour, I was pleasantly surprised with a series of new single family homes for sale in North Coral Gables. With the exception of 1220 Capri, which is beautifully updated, these are all Old Spanish homes that have been modernized without losing the character that buyers of Old Spanish homes look […]

Buying, Coral Gables, Luxury Real Estate, Neighborhood News
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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 […]

Buying, Selling
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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 […]

Buying, Selling
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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 […]

Buying, Selling
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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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