Condos Accounted For Almost 45% of September Sales In Miami

Spurred by downsizing baby boomers and other age groups wanting to be close to dynamic urban cores, the market share of condo sales has increased nationwide from 8% to 11-12%, according to Lawrence Yun, Chief Economist for the National Association of Realtors .  In Miami, that number is closer to 45% of home sales in […]

Buying, Market Summary, 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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Latest Real Estate Scam Hits E-Mail Accounts – Buyers Beware

As if the real estate market in South Florida doesn’t have enough going on with all of the new construction and tight inventory in high demand locations, there is now a new scam to watch out for. Hackers are using the hot real estate markets throughout the country and are targeting Realtors® and their client’s. […]

Buying, Selling
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Miami Real Estate Market Continues With Tight Inventories In Many Neighborhoods

  Although today’s Miami Herald article “Housing market shows signs of cooling” may send some buyers back to the sidelines, it should be emphasized that they are referring to the condo market.  Here is a snapshot of what EWM’s Coral Gables office saw in activity this week: New Sales Listings: 15, 6 condos and 9 […]

Buying, Coconut Grove, Market Summary, Selling
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12085 SW 65 Ave Is An Updated Entertainer’s Dream In Pinecrest

This tastefully updated 4 bedroom/4 bath home is an entertainer’s dream.  It has an extra office/den, a huge family room with a wetbar, a basketball court, an oversized swimming pool surrounded by a covered patio with remote-controlled screens, and sliding doors that open from all of the living areas directly onto the patio.  The extra […]

Buying, Pinecrest, 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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Is Miami's Real Estate Market Starting To Shift?

Based on EWM’s activity this week, it appears we may be starting to get into a more neutral market. EWM’s Coral Gables’/South Miami office did over $22.5 million worth of transactions this week, with an almost even split between sales (26), and leases (24). Seven of the sales were over $1,000,000. Eight out of the […]

Buying, Selling
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Homeowner Flood Insurance Affordability Act Passes Senate

The U.S. Senate passed legislation that would delay flood insurance increases on properties whose rates were set to increase once they were sold, that had their flood zones changed when the maps were updated, or that were previously grandfathered in. Although the House is unlikely to approve the four year delay, they are working on […]

Buying, Selling
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How's The Miami Real Estate Market?

I get asked this question all of the time and my current answer is hot, at least for now. People from all over the world have taken an interest in Miami. The addition of our cultural component, as illustrated by the success of Art Basel Miami and the accolades coming in for PAMM, has catapulted […]

Selling
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Multifamily Properties Are Still The Commercial Properties In Highest Demand

With South Florida rentals in high demand, increasing rents, and available rentals low, investors are searching for multifamily properties. According to LoopNet, 9 out of the Top 10 Most Popular South Florida Properties were multifamily. Here are some multifamily properties for sale in Miami areas with high rent demand.

Buying, Investment Real Estate, Selling
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