Which Florida Cities Will Rank As Most Expensive in 2009?

Last year, Forbes’ 500 most expensive zip codes list included 11 in Florida, including the number 1 most expensive zip, 33109 in Miami Beach, with a median sales price of $3,850,000!  Miami Beach also ranked #369 with zip code 33154 which had a median home price of $745,900.  The list was based on sales between […]

Buying, Luxury Real Estate, Selling
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3 Reasons Miami-Dade's Housing Market Will Take Longer to Recover Than Broward's

The Miami Herald posted an article that Broward’s housing market is close to bottoming out, even though prices in both Broward and Miami-Dade counties continue to slide.  The article was correct in predicting that Broward will rebound faster mainly because: 1) Miami’s inventory was higher than Broward’s to begin with.  Last year at this time, […]

Buying, Investment Real Estate, Selling
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3 Reasons Miami-Dade’s Housing Market Will Take Longer to Recover Than Broward’s

The Miami Herald posted an article that Broward’s housing market is close to bottoming out, even though prices in both Broward and Miami-Dade counties continue to slide.  The article was correct in predicting that Broward will rebound faster mainly because: 1) Miami’s inventory was higher than Broward’s to begin with.  Last year at this time, […]

Buying, Investment Real Estate, Selling
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Miami FL – Commercial Real Estate is the Next Buyers Market

An Associated Press article last week highlights opportunities in commerical real estate.  Whereas many economists are predicting that the housing market is at or close to bottom, the commercial sector is just starting to see massive defaults.  A skyscraper in New York that was purchased for approximately $50o million in 2006 just sold for $100,000!  […]

Buying, Investment Real Estate
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Miami Rentals – Renters Will Benefit From New Law

Before President Obama signed the housing law last week, renters were often found being thrown out of a home when their landlord was foreclosed on.   Since Miami is almost ground zero for foreclosures, renters need to be cautious when renting in Miami and inform themselves of the protections that are buried in the new housing […]

Renting in Miami
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Miami Real Estate – Quarterly Update For Miami-Dade County

Wow, EWM’s Coral Gables office alone had over $24,000,000 worth of transactions this week!  Does this mean the market has finally reached bottom?  Not necessarily, but if we are not there yet in terms of prices,  I think we are in terms of the decrease in sales.  Put in perspective, the lowest level of inventory […]

Buying, Investment Real Estate, Market Summary, Selling
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Buying a Home? Know What You are Looking For

I know it sounds obvious, but knowing what you are looking for isn’t always as simple as it sounds.  Once you are pre-approved for a mortgage, decide what your ideal neighborhood and home would be.  Are schools important or is it more important that you be close to work?  Determine what the “must haves” are.  […]

Buying
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