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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Phil says Spring is right around the corner because he did not see his shadow.   In Miami’s real estate market it has been Spring for a while.   Traditionally, Spring is the busiest season with sales peaking in April and May.  Our local market has been extremely busy since last year.  As a result, inventories are […]

I went to The Runner’s High in Pinecrest today to buy a new pair of running shoes.  While I was listening to the salespeople talk to different customers about shoes specific to their needs, I thought that buying a pair of running shoes is similar to buying a home, though obviously on a much different […]

A quick snapshot of the overall market for 2012: Single Family home sales increased 21% in 2012.  Those listed between $300,000 to under $1 million increased 50%.  Home sales for those over $1 million increased 64%. Condo sales increased by 6%.  Condos between $300,000 to under $1 million increased 45% and those listed over $1 […]