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!
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 […]
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 […]
Art Week, which kicks off on December 4 with Art Miami, is a great time to list your luxury home. EWM will prominently promote our luxury listings to the patrons of Art Miami, Art Basel, and Art Wynwood. Christie International Real Estate and it’s local affiliate, EWM, are sponsoring Art Miami and will be heavily […]
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 […]
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 […]
Welcome Home! The Mournings sold their home in Coral Gables and downsized to the Village of Pinecrest. The Mournings join several distinguished residents who call Pinecrest home.
The Sanctuary at Pinecrest is on 112 Street, next to the Village of Pinecrest Community Center and Pinecrest Gardens. Twelve homes are tucked into this enclave built by nationally recognized, award wining builder Brookman-Fels. Built between 1995 and 1998, the homes sit on over 33,000 square foot lots and are between 5,200 -7,900 square feet […]
Just south of Red Oaks and next door to Wayside Fruit Stand is Arboretum. This gated community of 11 single family residences was built between 1991 and 1993. Homes range in size from 4,000 to 6,000, lots from 15,000 to 19,000 square feet. The residents really love Arboretum; there has not been a property listed […]
Miami is a very international city with lots of foreign investors. If you are buying property here, you need to make sure to ask if the seller is a foreign investor or you could be on the hook for money owed to the IRS. Under FIRPTA, Foreign Investment in Real Property Tax Act, there is […]