How Do You Feel About Third Party Real Estate Sites As A Buyer Or Seller?

Edina Realty, a Minneapolis-St Paul real estate subsidiary of HomeServices of America, Inc., has decided to stop syndicating its listings to non-brokerage sites, such as Realtor.com, Trulia,  and Zillow.   Edina’s arguments are outlined in Inman News and bring up some interesting concerns regarding “advertising” on third party sites. I work with several buyers and […]

Buying, Selling
Comments Off on How Do You Feel About Third Party Real Estate Sites As A Buyer Or Seller?
read more

Miami Real Estate: Inventory Low, Prices Increasing

Further evidence of the improving Miami real estate market can be seen in EWM’s Coral Gables office sales for last week.  The total of sales and leases was $20,484,380.  Residential sales represented 90.5% of those transactions.   The total for all of EWM’s Miami Dade County offices was over $36,000,000. Today’s Miami Herald article, “South […]

Buying, Foreclosures, Selling
Comments Off on Miami Real Estate: Inventory Low, Prices Increasing
read more

The National Association of Realtors Rallies Congress on Real Estate Issues

Today the National Association of Realtors will be in Washington DC to address several real estate issues that Congress is contemplating to address the federal deficit.  Some of the issues being addressed include: Mortgage Interest Deduction: long enjoyed by homeowners, this deduction has been recommeded to be eliminated as part of  large tax reform proposal Capital Gains – Exclusion […]

Buying, Selling
Comments Off on The National Association of Realtors Rallies Congress on Real Estate Issues
read more

Miami Real Estate: Prices on the Rise

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 […]

Buying, Investment Real Estate, Selling
Comments Off on Miami Real Estate: Prices on the Rise
read more

Riviera Drive Gets A Facelift

I drive Riviera every day on my way to and from work and love all of the renovations that have been going on on that street between Hardee and U.S.1.  Whether on a waterfront lot, like the house below, or a dry lot, over 6 homes have recently had major remodeling done. I love the […]

Buying, Coral Gables, Home Improvement, Selling
Comments Off on Riviera Drive Gets A Facelift
read more

Miami Real Estate: Believe Warren Buffet

I listed a rental in Cutler Bay last week and had over 150 phone calls!  I had three offers the first day, even though there wasn’t single picture listed yet, the yard was over grown and the house had not been cleaned out from previous tenant.  If you are an investor, buy more properties.  The […]

Investment Real Estate
Comments Off on Miami Real Estate: Believe Warren Buffet
read more

7601 E Treasure Drive – Bank Approved Short Sale

This bank-approved short sale at The Grandview Palace in North Bay Village has water views from every room.  Other features include: crown molding baseboards updated kitchen with stainless steel appliances, granite counters & a pantry two full baths two good-size balconies All this for $136 per squar foot!

Buying, Marinas, Yacht Clubs and other Boating Information
Comments Off on 7601 E Treasure Drive – Bank Approved Short Sale
read more

Miami Real Estate: Rent vs Buy? That Is The Question…

During a Sunday get together, the rent vs buy question came up and a lively discussion ensued.  The individuals who were pro-renting argued that renting provided: cash flow/opportunity cost:  not having money tied up in a mortgage, taxes, and insurance, allowed more money for investing, travelling, miscellaneous purchases  flexibility:  if they wanted to move into different […]

Buying, Renting in Miami
Comments Off on Miami Real Estate: Rent vs Buy? That Is The Question…
read more

7925 SW 55 Ave, High Pines

Location, Location, Location!  This house is walking distance to South Miami plus: – Updated kitchen with stainless steel appliances, gas stove, granite counters, – Newer roof and septic tank – Hurricane shutters – 3bedroom/2 bath/1 car garage $450,000.  7925 SW 55 Ave., details

Buying
Comments Off on 7925 SW 55 Ave, High Pines
read more

Miami Real Estate: Sales Are Up and Inventory is Down

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.

Buying, Investment Real Estate, Market Summary, Selling
Comments Off on Miami Real Estate: Sales Are Up and Inventory is Down
read more