Black Friday brings out buyers looking for bargains and buyers looking for Miami real estate investment properties are here in droves.  While most people are enjoying time with family and friends, Realtors are busy selling properties.  Driven by news reports of increasing prices, decreased inventories, and increasing rents both local and foreign buyers continue to […]

Tuesday night, CBS 4 reported on a homeowner whose house has been taken over by squatters.  According to the story, the house was sold and when the Realtor went to the final walk through before closing, she found people living in the house.  The people living there claim they were duped and rented the property. […]

In case you think that the investment in Miami is starting to ebb, there is an article in today’s Business Monday about Fort Capital Management, a private equity firm, buying up prime South Florida real estate.  Their most recent purchase it the Surf Club in Surfside. Miami-Dade’s strong rebound in the tourism industry is driving […]

I attended a very informative windstorm insurance session at the Miami Realtors Association this afternoon.  The presentation by Lee Gorodetsky, The Home Insurance Guru and President of L & S Insurance, was my third insurance update of the year because that is how much of a moving target Florida insurance has become. So why is […]

Unit 208 is an updated 1 bedroom 1.5 bath that would be great for an investor. Rented until April of 2013.

In most markets in the country, Labor Day is the official end of summer because children are back in school and the weather starts getting cooler.  Along with students settling in their seats, the real estate market also starts to slow down since parents try to make their move to align with the start and […]

EWM’s Coral Gables office had another amazing week in sales.  Over $23,000,000 in sales and leases this week, the week before schools start.  That follows last weeks’ $19,800,000+ in sales and leases.  The fact that sales are so high the last two weeks of summer vacation is a sign that the real estate market in […]

Miami is a very international city with lots of foreign investors.  If you are buying property here, you need to make sure to ask if the seller is a foreign investor or you could be on the hook for money owed to the IRS. Under FIRPTA, Foreign Investment in Real Property Tax Act, there is […]

At the height of the typical summer selling season, there are only 10 homes, out of 147 currently listed, for less than $500,000 in the Village of Pinecrest.  None are foreclosures, two are short sales. Pinecrest, long coveted by families because of great schools, large lots, and plenty of parks and family activities, has an […]

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 […]