An article by Robert Shiller in today’s New York Times concluded that though housing prices have increased by double digits, we are not in a housing bubble yet.  His conclusion was based on the result of a questionnaire he and Professor Case sent out to recent home buyers in four major cities.  Although Miami wasn’t […]

EWM’s Coral Gables office broke a record sales number…over $50 million in one week!  Imagine what a week we would have had if we had more inventory!

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 […]

On August 13, the Financial Times of London posted a video titled Foreign Buyers Flock to Miami.   EWM’s Ron Shuffield and Carole Smith were featured in the story, which highlighted the following: 2011 was a record year for the number of sales of single family homes and condos Majority of foreign buyers are from Venezuela, […]

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 […]

Active Rain’s Real Estate Recovery Survey show that agents in the Miami-Ft Lauderdale market believe the real estate market in their areas are improving. What do you think?   Data provided by ActiveRain.com. Join 215,590 Real Estate Agents on the world’s largest Real Estate Social Network.

Home prices in Florida are up according to Florida Association of Realtors January Housing report.  The same holds true for the Miami real estate market.  Inventories have been decreasing steadily, as can be seen in the graph below.

Last week we did over $21,000,000 in sales.  This week  was over $17,500,000  with 32 sales and only 14 new listings.  Inventory in Miami-Dade is decreasing steadily, as illustrated in the graph below.  Inventory is even tighter once you start looking in a specific price range and community.               […]

Last week we did over $21,000,000 in sales.  This week  was over $17,500,000  with 32 sales and only 14 new listings.  Inventory in Miami-Dade is decreasing steadily, as illustrated in the graph below.  Inventory is even tighter once you start looking in a specific price range and community.               […]

  Here is another construction site on Ponce de Leon East of U.S 1 close to 88 Street.   I blogged about another site that has just been cleared and is being prepared for a new home. More Proof Miami-Dade’s Housing Market is Turning Around The new building is not limited to the affluent Ponce/Davis area […]