New FIRPTA Rules Take Effect February 17, 2016

  Two changes made to the  U.S. Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) will go into effect February 17.  While one affects foreign investment in publicly-traded real estate investment trusts (REITs) and should make commercial property in the U.S. more attractive to foreign buyers, the second one affects foreign buyers of […]

Buying, Commercial Real Estate, Luxury Real Estate, Selling
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EWM’s Coral Gables Office: Over $30 Million in Sales Three Weeks In a Row

Wow, the Spring Selling Season is definitely here in Miami!  Our office alone has had three consecutive weeks with over $30 million in real estate transactions and two of those weeks we were over $35 million.  Sales continue to outpace listings and 30% of our sales were at or over asking.

Buying, Luxury Real Estate, Selling
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Coral Gables Real Estate Market Year-End Summary For 2014

Coral Gables had a phenomenal 2014 for real estate sales.  There were 520 closed sales from January 1, 2014 through December 31, 2014 and 218 of those were cash sales.  The highest priced sale for the year was for a 21,000 square foot, waterfront home in Tahiti Beach, listed by One Sotheby’s Saddy Delgado and sold […]

Coral Gables, Luxury Real Estate, Market Summary, Selling
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Pinecrest Real Estate Market Year-End Summary For 2014

Now that we are in the second week of 2015, almost all of the Pinecrest real estate sales for 2014 have been recorded in the MLS.  There were 246 closed sales reported with a high sales price of $5.5 million for a stunning 12,000 square foot home on 60 Avenue, listed and sold by One Sotheby’s […]

Luxury Real Estate, Market Summary, Pinecrest, Selling
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Miami’s Busy Winter Real Estate Season Is Off To a Roaring Start At EWM Realty

As we start to get into the busy winter buying season, EWM Realty International has gotten off to a strong start.  The company had a $70 million week between our offices in Miami-Dade and Broward Counties. The breakdown for our Miami-Dade offices are: Brickell $1.3 million Coconut Grove $1.5 million Coral Gables/ South Miami $24 […]

Buying, Luxury Real Estate, Selling
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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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Coral Gables Old Spanish Has 2014's Color Trend Throughout

In early January, I posted Interior Design Color Trends For 2014. This adorable bathroom in a 1928 Old Spanish in Coral Gables is purple with white accents. Other accents, such as a chandelier and Cuban tile, also contained the trendy purple color.

Coral Gables, Home Improvement, Luxury Real Estate, Neighborhood News
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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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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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