Increase in Stock Market Results in Increase in Luxury Properties

According to a CNNMoney.com article all 20 major metro areas saw an increase in sales of million dollar plus condos and single family homes, rising an average of 18.6%. The increase is largely attributed to the increase in the stock market since 2009 and cheaper financing for jumbo loans.

Buying, Luxury Real Estate
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Miami Real Estate – Good News, The Wealthy Are Spending Again!

Two articles in today’s Business Monday add more evidence that South Florida is starting to pull out of the recession and, though we fell farther and therefore have further to go to actually feel that the recession is over, there are positive signs in South Florida’s economy. The first article, Brazilian buyers put the luxe […]

Luxury Real Estate, Market Summary
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Miami Real Estate – Pending Home Sales Jump In January

According to the Miami Realtors Association, January total pending home sales jumped 28% over January 2010 and increased 2.5% from December.  Pending sales were as follows: condominium: increased  37.2 percent compared year over year.  Increased 3.3 percent from December. single-family homes:  increased 15.531 percent from January 2010.  Increased 1.4 percent from December. Although this jump […]

Luxury Real Estate, Market Summary
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Miami Real Estate On Sale

With prices still on a downward slide in South Florida, the number of sales are up as buyers realize the buying opportunity these price decreases represent.  And although 30-year mortgage rates inched up slightly this week, they are still under 5% and near historic lows. These interest rates will help first time buyers, but may […]

Buying, Luxury Real Estate, Mortgage information, Selling
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Pier 66 Marina At Hyatt Ft. Lauderdale

Yachting is a huge part of the South Florida Lifestyle and the yachts at Pier 66 today were gorgeous.  One was called Milk Money…I had all sorts of fun guessing where owner made the money to buy that yacht!  Want to venture a guess?  What are some of your favorite marinas?

Florida Life, Luxury Real Estate, Marinas, Yacht Clubs and other Boating Information, Things To Do
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EWM Real Estate Has Another Great Week of Sales!

Thanksgiving week is normally the start of a slow time for real estate sales.  Not for EWM, however.  Our  Miami-Dade  EWM offices totaled almost $23,000,000 in sales and leases.

Buying, Luxury Real Estate, Selling
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Ocean Reef Club – Vintage Weekend

Ocean Reef Club will be holding its 15th annual Vintage Weekend, sure to delight automobile, yacht, and plane enthusiasts, from Thursday, December 3  through Sunday, December 6.  This is only open to club members and registered guests staying at the Inn and is sure to fill up quickly.

Luxury Real Estate, Marinas, Yacht Clubs and other Boating Information, Things To Do
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Miami Real Estate – Third Quarter Market Update – Single Family Homes

Below is a quick snap shot of what the real estate market looked like after the third quarter.  These numbers are derived from the Multiple Listing Service and though they do not include For Sale By Owners and anything not listed on the MLS, they are indicative of what is going on in our local […]

Buying, Foreclosures, Luxury Real Estate, Market Summary, Selling
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