Commercial Real Estate Insights From NAR Convention in Boston

NAR’s annual conference was held in Boston earlier this week, and there were several takeaways for those of us who buy, sell and own commercial real estate.  Like the light shining forth to the Prudential building pictured above, Florida’s economy is strong and the future for bright.  Florida was the top state in the country […]

Commercial Real Estate
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What Happening in Miami-Dade Multi-Family Market? Sales Rise In Second Quarter

  As reported in Vizzda’s Quarterly Report For South Florida Commercial Real Estate, the total dollar amount of multi-family sales in Miami-Dade County rose to $232,943,000 in the second quarter of 2018, up from $196,115,503 in the first quarter.  This is approximately half of the $462,372,302 worth of sales in the second quarter of 2017. […]

Buying, Commercial Real Estate, Investment Real Estate, Selling
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Florida Is The Top Destination For Foreign Buyers

In  a sign of Florida’s continued attraction as a place to visit, live, work and invest, the National and Miami Association of Realtors 2017 Profile of International Activity states that foreign buyers purchased $153 billion of residential properties last year, approximately $50 billion more than in 2016.  Though purchases were made throughout the U.S., Florida, […]

Buying, Commercial Real Estate, Investment Real Estate, Selling
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What Do The Election Results Mean For Real Estate?

  The long election  is finally over and the question I am getting asked a lot is, “What does it all mean for the real estate market?”  A recent video put out by the National Association of Realtors sums up the election as follows: In Congress, not much has changed.  Republicans controlled the House and the Senate […]

Buying, Selling
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Top 3 Retail ‘Buy’ Markets Are In South Florida

Ten-X’s U.S. Retail Market Outlook listed the top five markets for investors to consider buying retail real estate.  Three out of those five were Miami, Fort Lauderdale, and West Palm Beach.  Robust employment and increasing population in all three cities are pushing the demand for retail space in all of their respective counties.

Commercial Real Estate, Investment Real Estate, Restaurants
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New FIRPTA Rules Take Effect February 17, 2016

  Two changes made to the  U.S. Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) will go into effect February 17.  While one affects foreign investment in publicly-traded real estate investment trusts (REITs) and should make commercial property in the U.S. more attractive to foreign buyers, the second one affects foreign buyers of […]

Buying, Commercial Real Estate, Luxury Real Estate, Selling
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Majority of Millennials Cite Cost of Living as a Concern

  Bank of America/USA Today Better Money Habits® Millennial Report, provides great insight into the financial concerns of the millennial generation.  As the mother of three millennials, ages 21-25, and a Realtor I am always interested in what reports say drive this group of young adults. Of great interest is the correlation between jobs and […]

Buying, Commercial Real Estate, Investment Real Estate, Renting in Miami
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Florida Home Prices Projected to Increase 9.3% in 2016

CoreLogic, is projecting overall U.S. housing prices to rise 5.2% next year.  Florida is projected to increase by 9.3%, which is the second highest increase in the nation, just behind California at 10.8%.

Buying
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Condos Accounted For Almost 45% of September Sales In Miami

Spurred by downsizing baby boomers and other age groups wanting to be close to dynamic urban cores, the market share of condo sales has increased nationwide from 8% to 11-12%, according to Lawrence Yun, Chief Economist for the National Association of Realtors .  In Miami, that number is closer to 45% of home sales in […]

Buying, Market Summary, Selling
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Miami’s Busy Winter Real Estate Season Is Off To a Roaring Start At EWM Realty

As we start to get into the busy winter buying season, EWM Realty International has gotten off to a strong start.  The company had a $70 million week between our offices in Miami-Dade and Broward Counties. The breakdown for our Miami-Dade offices are: Brickell $1.3 million Coconut Grove $1.5 million Coral Gables/ South Miami $24 […]

Buying, Luxury Real Estate, Selling
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