Miami Only City On Case Schiller To Post Double Digit Year-Over-Year Gain

The idea of real estate being local is so important to keep in mind, especially when reading news headlines.  Headlines reporting on the national real estate market read “Home prices post broad-based slowdown in September”  or something similar.  While there is nothing untrue about the statement, if you are a buyer interested in Miami and don’t […]

Buying, Selling
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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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Latest Real Estate Scam Hits E-Mail Accounts – Buyers Beware

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. […]

Buying, Selling
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Miami’s Affordable New Construction Condos

Although it may seem like Miami is only building condos for the wealthy, not all of Miami’s new construction is aimed at millionaires.  Here are a few of the latest projects announced.   INTOWN, located in the Little Havana neighborhood,  is in the reservation stage with prices starting at $200,000.  This 14-story, 320-unit condominium will […]

Buying
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Is Miami's Real Estate Market Starting To Shift?

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 […]

Buying, Selling
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Multifamily Properties Are Still The Commercial Properties In Highest Demand

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.

Buying, Investment Real Estate, Selling
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More Changes To Affect The Florida Real Estate Market In 2014

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 […]

Buying, Foreclosures, Selling
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Florida Is Expected To Outperform The U.S In 2014 and 2015

The economic outlook for the Sunshine State is extremely positive. TD Economics, an affiliate of TD Bank, estimates that Florida’s economic growth will grow from 2.4% this year to 3.5% in 2014 & 4.0% in 2015.  This growth is largely due to the increase in domestic in-migration, which has led us to knock New York […]

Buying, Commercial Real Estate, Florida Life
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Another Great Week At EWM’s Coral Gables Office – $29 Million In Real Estate Transactions

Total sales (24) still outnumbered total new listings (11), which is to be expected in the middle of the holiday season.  Buyers are still out in full force and are purchasing in all price ranges.  The highest sale in our office was the home pictured below.  It sold for $7,030,000 and was listed by EWM.

Buying, Luxury Real Estate, Selling
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