As if the real estate market in South Florida doesn’t have enough going on with all of the new construction and tight inventory in high demand locations, there is now a new scam to watch out for. Hackers are using the hot real estate markets throughout the country and are targeting Realtors® and their client’s. […]

  Although today’s Miami Herald article “Housing market shows signs of cooling” may send some buyers back to the sidelines, it should be emphasized that they are referring to the condo market.  Here is a snapshot of what EWM’s Coral Gables office saw in activity this week: New Sales Listings: 15, 6 condos and 9 […]

This tastefully updated 4 bedroom/4 bath home is an entertainer’s dream.  It has an extra office/den, a huge family room with a wetbar, a basketball court, an oversized swimming pool surrounded by a covered patio with remote-controlled screens, and sliding doors that open from all of the living areas directly onto the patio.  The extra […]

I usually save my market updates until the end of the quarter, but with so much activity going on I figured I should write a quick snapshot in case you are thinking of buying or selling a home in the next couple of months. Since January first of this year, there have been 58 new […]

Based on EWM’s activity this week, it appears we may be starting to get into a more neutral market. EWM’s Coral Gables’/South Miami office did over $22.5 million worth of transactions this week, with an almost even split between sales (26), and leases (24). Seven of the sales were over $1,000,000. Eight out of the […]

The U.S. Senate passed legislation that would delay flood insurance increases on properties whose rates were set to increase once they were sold, that had their flood zones changed when the maps were updated, or that were previously grandfathered in. Although the House is unlikely to approve the four year delay, they are working on […]

I get asked this question all of the time and my current answer is hot, at least for now. People from all over the world have taken an interest in Miami. The addition of our cultural component, as illustrated by the success of Art Basel Miami and the accolades coming in for PAMM, has catapulted […]

With South Florida rentals in high demand, increasing rents, and available rentals low, investors are searching for multifamily properties. According to LoopNet, 9 out of the Top 10 Most Popular South Florida Properties were multifamily. Here are some multifamily properties for sale in Miami areas with high rent demand.

On December 20 I wrote a post about some changes to federal laws that may affect Miami’s real estate market in 2014.  I neglected to include two more (well one is a Florida State Law, but I will include it here anyway).  The first one I thought would be extended by now, but since we […]

The Federal Reserve announced on Wednesday that starting January it will begin scaling back its bond purchase program from $85 billion per month to $75 billion per month. 2012’s Biggert-Waters Flood Insurance Reform Act, if not modified, will continue to affect owners of older homes who have subsidized flood insurance.  A 25% increase in insurance is […]