The Summer Doldrums Do Not Apply To Miami Real Estate

As of the time of this post, the Miami real estate market has yet to hit the summer doldrums even though many buyers are taking time off to travel with their out-of-school-children.  This week EWM’s Coral Gables office did over $16 million in sales and last week we did almost $30 million.  Given the lack […]

Buying, Selling
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Home Values Up But Still Off 43% From 2006 Peak

Many of my clients have been calling me, shocked at how rapidly home prices have risen over the last year and questioning whether the South Florida real estate market is entering a new bubble.  Although this graph confirms that prices have gone up, we are a long way off from the peak.  Given that we […]

Buying, Foreclosures, Investment Real Estate, Selling
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1542 Drexel #205 – Perfect Miami Beach Pied-A-Terre

You know what they say about real estate, location, location, location, and boy does 1542 Drexel Avenue #205  have it.  Location:  2 blocks from Lincoln Road.  Location:  1 block from Espanola.  Location: 3 blocks to the Ocean.  In the heart of Miami Beach, yet on a quiet, low traffic street, this fully furnished unit is […]

Buying, Investment Real Estate, Miami Beach
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Preservation vs Private Property Rights

Several recent  articles have highlighted the issue of preservation vs private property rights.  I want to clarify that I am for historic preservation of relevant buildings but I think if it is done retroactively, it infringes on private property rights. Both the Miami Herald building, sold to Genting Malaysia, and a Robert Browning Parker home […]

Buying, Coral Gables, Luxury Real Estate, Miami Beach
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$25 Million In Sales In One Week At EWM’s Coral Gables Office

Another spectacular week for real estate in Miami.  We had 29 residential sales this week in my EWM office.  Many properties are going under contract within a couple of days of being listed.  If you are buying, be ready to move as soon as a property is listed.  If you are selling, price realistically.  Six […]

Buying, Selling
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$25 Million In Sales In One Week At EWM's Coral Gables Office

Another spectacular week for real estate in Miami.  We had 29 residential sales this week in my EWM office.  Many properties are going under contract within a couple of days of being listed.  If you are buying, be ready to move as soon as a property is listed.  If you are selling, price realistically.  Six […]

Buying, Selling
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Architectural Styles In Florida

San Francisco is famous for its Old Victorian’s, Coral Gables is known for its Old Spanish, and Miami Beach for its Art Deco.  No matter where you live or travel, architectural styles play an important role in the fabric of a community.  Some other popular styles in Florida in the last 100 years include: Georgian […]

Buying, Selling
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Considering An FHA Loan? Better Hurry…Cost Going Up

FHA loans are the largest source of low-down payment mortgages.  A buyer with less than stellar credit can purchase a property with as little as 3.5% down.  Starting April 1st, the FHA will institute it’s third increase since 2011 when it raises it’s premiums by 1/10 of a percent, or 10 basis points. Then, on […]

Buying, Mortgage information
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Is Renting A Home Better Than Buying?

This question has been asked forever and most answers are it depends on how long you plan on living in a home and what your lifestyle is like.  If you plan on living in a home for more than 3 years – 5 years, experts say that it is probably more economical to buy.  Given […]

Buying, Renting in Miami
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6 Florida Cities In List Of Best Places To Buy Foreclosures

Palm Bay-Melbourne-Titusville, Lakeland, Tampa, Jacsonville, Orlando and Miami are among the top cities in the nation to buy foreclosures, according to RealtyTrac.  That being said, foreclosures have not been overwhelming the Miami real estate market and the demand for these properties far outstrips the current supply.  If you are a buyer, do not be fooled […]

Buying, Foreclosures
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