Home Values Up But Still Off 43% From 2006 Peak

Many of my clients have been calling me, shocked at how rapidly home prices have risen over the last year and questioning whether the South Florida real estate market is entering a new bubble.  Although this graph confirms that prices have gone up, we are a long way off from the peak.  Given that we […]

Buying, Foreclosures, Investment Real Estate, Selling
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1542 Drexel #205 – Perfect Miami Beach Pied-A-Terre

You know what they say about real estate, location, location, location, and boy does 1542 Drexel Avenue #205  have it.  Location:  2 blocks from Lincoln Road.  Location:  1 block from Espanola.  Location: 3 blocks to the Ocean.  In the heart of Miami Beach, yet on a quiet, low traffic street, this fully furnished unit is […]

Buying, Investment Real Estate, Miami Beach
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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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Black Friday Buyers Are In Miami To Shop For Investment Real Estate

Black Friday brings out buyers looking for bargains and buyers looking for Miami real estate investment properties are here in droves.  While most people are enjoying time with family and friends, Realtors are busy selling properties.  Driven by news reports of increasing prices, decreased inventories, and increasing rents both local and foreign buyers continue to […]

Brickell/Downtown Miami, Buying, Coconut Grove, Coral Gables, Foreclosures, Investment Real Estate, Pinecrest, Selling
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Can This Happen To Your Vacant Property?

Tuesday night, CBS 4 reported on a homeowner whose house has been taken over by squatters.  According to the story, the house was sold and when the Realtor went to the final walk through before closing, she found people living in the house.  The people living there claim they were duped and rented the property. […]

Buying, Investment Real Estate, Selling
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Miami Real Estate: Foreigners Continue To Invest In South Florida

In case you think that the investment in Miami is starting to ebb, there is an article in today’s Business Monday about Fort Capital Management, a private equity firm, buying up prime South Florida real estate.  Their most recent purchase it the Surf Club in Surfside. Miami-Dade’s strong rebound in the tourism industry is driving […]

Commercial Real Estate, Investment Real Estate, Luxury Real Estate, Selling
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For Florida Real Estate, Homeowners Insurance May Be A More Important Issue Than Taxes

I attended a very informative windstorm insurance session at the Miami Realtors Association this afternoon.  The presentation by Lee Gorodetsky, The Home Insurance Guru and President of L & S Insurance, was my third insurance update of the year because that is how much of a moving target Florida insurance has become. So why is […]

Buying, Florida Life, Hurricanes, Investment Real Estate, Luxury Real Estate
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100 Edgewater Dr. – Waters Edge Condo On Coral Gables Waterway

Unit 208 is an updated 1 bedroom 1.5 bath that would be great for an investor. Rented until April of 2013.

Buying, Investment Real Estate, Selling
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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 […]

Buying, Investment Real Estate, Selling
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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 […]

Buying, Investment Real Estate, Market Summary, Selling
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