Over the last several months I have written about different signs, see blog links below,  that the real estate market is changing.  Today’s Miami Herald article, Rents rise as overseas buyers invest, talks about some of the reasons why. More Proof Miami-Dade’s Housing Market is Turning Around Investors Are Taking A Bite Out Of Inventory […]

  As I drive around town, I am seeing a lot more new construction.   This new single family home is going up in north Gables.   I have seen other ones being built in South Miami and Pinecrest as well. In addition to the new construction I have been seeing many remodeling projects.  Significant additions are being […]

If this week’s sales vs listings in just one of EWM’s offices is any indication, the market is changing.  Our Coral Gables office had 37 residential sales versus 10 new listings and 27 leases vs 8 new rentals.  Our total for this week, which include the sale of a commercial property was almost $35,000,000.  This […]

New single family homes listed since July 1. 8 in Coral Gables.  Priced from $349,900 to $13,475,000 7 in Pinecrest.  Priced from $585,000 to $2,099,999 5 in Coconut Grove.  Priced from $450,000 to $1,300,000 3 in Miami Beach.  Priced from $399,900 – $8,650,000

How does the housing market look in Pinecrest half way through 2011?  Below are the numbers for single family homes.  Note that all of these are going to change a little due to status changes that happen at the end of the month, but are not updated in the MLS until the following month.  As […]

We are half way through the year and the market has been moving.  Sales are up, mostly due to lower prices.    As of June 30, the single family home market in Miami Beach for the year so far is as follows: Closed sales:  94. Low of $190,000 to a high of $25,500,000.  9 of the closed […]

Market information from the Multiple Listing Service for single family homes for the month of January are as follows: Closed sales: 16.  2 short sales 2 REOs.  7 were cash sales, including the one for $3.86 million. Price range of closed sales: $3.86 million – $375,000 Pending sales: 20. 3 short sales, 4 REOs Price […]

Two articles in today’s Business Monday add more evidence that South Florida is starting to pull out of the recession and, though we fell farther and therefore have further to go to actually feel that the recession is over, there are positive signs in South Florida’s economy. The first article, Brazilian buyers put the luxe […]