Miami Real Estate: Inventory Low, Prices Increasing

Further evidence of the improving Miami real estate market can be seen in EWM’s Coral Gables office sales for last week.  The total of sales and leases was $20,484,380.  Residential sales represented 90.5% of those transactions.   The total for all of EWM’s Miami Dade County offices was over $36,000,000. Today’s Miami Herald article, “South […]

Buying, Foreclosures, Selling
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The National Association of Realtors Rallies Congress on Real Estate Issues

Today the National Association of Realtors will be in Washington DC to address several real estate issues that Congress is contemplating to address the federal deficit.  Some of the issues being addressed include: Mortgage Interest Deduction: long enjoyed by homeowners, this deduction has been recommeded to be eliminated as part of  large tax reform proposal Capital Gains – Exclusion […]

Buying, Selling
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Miami Real Estate: Prices on the Rise

Miami and Phoenix are seeing a rise in asking prices, based on a Trulia Price Monitor Report.  There are still a lot of good buys out there, but many buyers are frustrated when a new property comes on the market and goes under contract almost immediately.  Decreasing inventory and aggressive pricing by listing agents, mean […]

Buying, Investment Real Estate, Selling
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Pet Friendly Buildings on Brickell

Luckily for pet lovers living in or moving to Miami, there are more buildings than ever that allow pets.  Most of them do have restrictions and sometimes buildings go from pet friendly to not, so make sure to double check with the association before you buy or rent.  Most only allow one pet per unit […]

Selling
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Riviera Drive Gets A Facelift

I drive Riviera every day on my way to and from work and love all of the renovations that have been going on on that street between Hardee and U.S.1.  Whether on a waterfront lot, like the house below, or a dry lot, over 6 homes have recently had major remodeling done. I love the […]

Buying, Coral Gables, Home Improvement, Selling
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Miami Real Estate: Positive News Locally Bucks National Housing News

Several articles in newspapers this week plus the Case Schiller index, help to illustrate the importance of remembering that real estate is local.  Just because national housing news is negative, does not mean that is the case in Miami! Miami real estate prices appear to be stabilizing and in some areas are actually starting to creep up. […]

Buying, Selling
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Miami Real Estate Market: Active Rain Survey Shows Agents Bullish on Miami Real Estate

Active Rain’s Real Estate Recovery Survey show that agents in the Miami-Ft Lauderdale market believe the real estate market in their areas are improving. What do you think?   Data provided by ActiveRain.com. Join 215,590 Real Estate Agents on the world’s largest Real Estate Social Network.

Buying, Investment Real Estate, Market Summary, Selling
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Miami Real Estate: Sales Are Up and Inventory is Down

Home prices in Florida are up according to Florida Association of Realtors January Housing report.  The same holds true for the Miami real estate market.  Inventories have been decreasing steadily, as can be seen in the graph below.

Buying, Investment Real Estate, Market Summary, Selling
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Another Amazing Week At EWM’s Coral Gables/South Miami Office

Last week we did over $21,000,000 in sales.  This week  was over $17,500,000  with 32 sales and only 14 new listings.  Inventory in Miami-Dade is decreasing steadily, as illustrated in the graph below.  Inventory is even tighter once you start looking in a specific price range and community.               […]

Buying, Investment Real Estate, Market Summary, Selling
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Another Amazing Week At EWM's Coral Gables/South Miami Office

Last week we did over $21,000,000 in sales.  This week  was over $17,500,000  with 32 sales and only 14 new listings.  Inventory in Miami-Dade is decreasing steadily, as illustrated in the graph below.  Inventory is even tighter once you start looking in a specific price range and community.               […]

Buying, Investment Real Estate, Market Summary, Selling
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