Considering An FHA Loan? Better Hurry…Cost Going Up

FHA loans are the largest source of low-down payment mortgages.  A buyer with less than stellar credit can purchase a property with as little as 3.5% down.  Starting April 1st, the FHA will institute it’s third increase since 2011 when it raises it’s premiums by 1/10 of a percent, or 10 basis points. Then, on […]

Buying, Mortgage information
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Is Renting A Home Better Than Buying?

This question has been asked forever and most answers are it depends on how long you plan on living in a home and what your lifestyle is like.  If you plan on living in a home for more than 3 years – 5 years, experts say that it is probably more economical to buy.  Given […]

Buying, Renting in Miami
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6 Florida Cities In List Of Best Places To Buy Foreclosures

Palm Bay-Melbourne-Titusville, Lakeland, Tampa, Jacsonville, Orlando and Miami are among the top cities in the nation to buy foreclosures, according to RealtyTrac.  That being said, foreclosures have not been overwhelming the Miami real estate market and the demand for these properties far outstrips the current supply.  If you are a buyer, do not be fooled […]

Buying, Foreclosures
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Punxsutawney Phil Says Spring Is Here!

Phil says Spring is right around the corner because he did not see his shadow.   In Miami’s real estate market it has been Spring for a while.   Traditionally, Spring is the busiest season with sales peaking in April and May.  Our local market has been extremely busy since last year.  As a result, inventories are […]

Buying, Selling
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Similarities Between Buying Running Shoes And Buying A Home

I went to The Runner’s High in Pinecrest today to buy a new pair of running shoes.  While I was listening to the salespeople talk to different customers about shoes specific to their needs, I thought that buying a pair of running shoes is similar to buying a home, though obviously on a much different […]

Buying
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South Florida Real Estate Continues To Gain Steam

A quick snapshot of the overall market for 2012: Single Family home sales increased 21% in 2012.  Those listed between $300,000 to under $1 million increased 50%.  Home sales for those over $1 million increased 64%. Condo sales increased by 6%.  Condos between $300,000 to under $1 million increased 45% and those listed over $1 […]

Buying, Investment Real Estate, Luxury Real Estate, Market Summary
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Another Stellar Week For EWM Sales

EWM continues to sell an enormous amount of real estate despite low inventory.  Our Coral Gables office alone did over $20 million this week.  We had 23 sales and only 14 new listings so if you are ready to list, give me a call.  Rentals are in short supply as well.

Buying, Selling
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Christmas Came Early To EWM’s Coral Gables Office

All I can say is “wow”.  Our Coral Gables EWM office had an AMAZING week, with a grand total of $39,733,888 in sales and leases.  There were 25 sales, 8 of which sold at asking price and 3 of which sold over asking, and 21 leases.  Still doubt that Miami is a place where people […]

Buying, Selling
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Christmas Came Early To EWM's Coral Gables Office

All I can say is “wow”.  Our Coral Gables EWM office had an AMAZING week, with a grand total of $39,733,888 in sales and leases.  There were 25 sales, 8 of which sold at asking price and 3 of which sold over asking, and 21 leases.  Still doubt that Miami is a place where people […]

Buying, Selling
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Miami Real Estate: Another New Construction Project Coming

I just received yet another e-mail on a new construction project; this one is coming to Coral Gables.  It seems hard to believe that we went through a MAJOR real estate crash, with many of our prominent developers themselves involved in foreclosures of their projects, just a few years ago.  It also seems hard to […]

Buying, Luxury Real Estate, Selling
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