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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EWM Coral Gables Posts $24,651,375 Thanksgiving Week!

The real estate sales continued to mount the week leading up to Art Week.  Even though Thanksgiving coincided with Chanukah this year, our sales for a normally quiet week were over $24,000,000, just for our Coral Gables office.  The highest residential sale was for the Pinecrest home pictured above. We had a total of 18 […]

Luxury Real Estate
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Pinecrest Real Estate: November Market Update

  November was a busy month in Pinecrest.  There are currently 127 listings on the market, 18 of which were added to the MLS in November.  There are a total of 42 listings under contract, 12 that went pending in November.  14 properties closed in November out of a total 227 sales to date for […]

Luxury Real Estate, Market Summary, Neighborhood News, Pinecrest
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Beautiful Water Views From 1331 Brickell Bay Drive Unit 9

Unobstructed water views from this spectacular unit, which has been professionally designed by Adriana Hoyos.  Enter your private foyer directly from the elevator, open your front door and water views greet you.  The spacious unit includes two bedrooms, a den, 3 full baths, large kitchen with built-in Miele coffee maker, wine refrigerator, Subzero, and laundry […]

Brickell/Downtown Miami, Buying, Luxury Real Estate
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Pinecrest Homes For Sale: Market Update

We are already half way through October and almost at the end of the year.  2013 will probably break another record in terms of the number of real estate sales we have had in Miami-Dade County.  A quick snapshot of the Pinecrest real estate market shows the following: 205 single family homes have closed since […]

Buying, Luxury Real Estate, Market Summary, Pinecrest, Selling
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$20 Million In Sales In One Week From EWM Coral Gables Office

Even though this close to the start  of the school year sales should be slowing down, nothing could be further from reality.  Our EWM office had over $20 million worth of sales this week, which represents a total of 31 sales.   5 of the sales went for the asking price and 3 went above asking. […]

Buying, Luxury Real Estate, Pinecrest, Selling
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Preservation vs Private Property Rights

Several recent  articles have highlighted the issue of preservation vs private property rights.  I want to clarify that I am for historic preservation of relevant buildings but I think if it is done retroactively, it infringes on private property rights. Both the Miami Herald building, sold to Genting Malaysia, and a Robert Browning Parker home […]

Buying, Coral Gables, Luxury Real Estate, Miami Beach
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Congratulations EWM! Record Breaking Week

EWM’s Coral Gables office broke a record sales number…over $50 million in one week!  Imagine what a week we would have had if we had more inventory!

Luxury Real Estate, Market Summary
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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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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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