New FIRPTA Rules Take Effect February 17, 2016

  Two changes made to the  U.S. Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) will go into effect February 17.  While one affects foreign investment in publicly-traded real estate investment trusts (REITs) and should make commercial property in the U.S. more attractive to foreign buyers, the second one affects foreign buyers of […]

Buying, Commercial Real Estate, Luxury Real Estate, Selling
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Majority of Millennials Cite Cost of Living as a Concern

  Bank of America/USA Today Better Money Habits® Millennial Report, provides great insight into the financial concerns of the millennial generation.  As the mother of three millennials, ages 21-25, and a Realtor I am always interested in what reports say drive this group of young adults. Of great interest is the correlation between jobs and […]

Buying, Commercial Real Estate, Investment Real Estate, Renting in Miami
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Florida Home Prices Projected to Increase 9.3% in 2016

CoreLogic, is projecting overall U.S. housing prices to rise 5.2% next year.  Florida is projected to increase by 9.3%, which is the second highest increase in the nation, just behind California at 10.8%.

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Miami Beach Loft-Style Condo Is Perfect Pied-A-Terre For Art Lovers

Just in time for Art Miami and Art Basel, this unique New York City style apartment comes on the market.  The light and bright unit features an open floor plan with plenty of wall space for art.  The kitchen features a Viking gas stove and a great layout for entertaining. Located in the heart of […]

Buying, Florida Life, Miami Beach, Neighborhood News
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EWM’s Coral Gables Office: Over $30 Million in Sales Three Weeks In a Row

Wow, the Spring Selling Season is definitely here in Miami!  Our office alone has had three consecutive weeks with over $30 million in real estate transactions and two of those weeks we were over $35 million.  Sales continue to outpace listings and 30% of our sales were at or over asking.

Buying, Luxury Real Estate, Selling
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Inventory In Many South Florida Markets Still Tight

Some newspaper headlines and news stations have been asking if Miami is getting ready to experience another housing downturn, due largely to the rapid increase in prices and the return of building cranes to the Miami skyline.  While there has been an increase in inventory in the Brickell corridor, there are still many areas in […]

Buying, Coral Gables
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Flood Insurance Rates Heading Up – Time To Call Your Insurance Provider

Remember all of the outcry in late 2013 &  early 2014 about flood rates increasing due to changes approved in the federal 2012 Biggert-Waters Flood Insurance Reform Act?  Well, once it was amended with the “Homeowner Flood Insurance Affordability Act,” people in coastal zones and flood prone areas seem to have forgotten about how flood insurance can affect […]

Buying, Commercial Real Estate
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Miami Only City On Case Schiller To Post Double Digit Year-Over-Year Gain

The idea of real estate being local is so important to keep in mind, especially when reading news headlines.  Headlines reporting on the national real estate market read “Home prices post broad-based slowdown in September”  or something similar.  While there is nothing untrue about the statement, if you are a buyer interested in Miami and don’t […]

Buying, Selling
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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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