Jun 20, 2011 | GUEST CONTRIBUTORS, IN THE NEWS, LUXURY & WATERFRONT PROPERTY, MIAMI MARKET CONDITIONS, REAL ESTATE NEWS
Alexandra and I have been showing property this past week on Brickell to foreign buyers as well as to a handful of corporate relocations, relocating to Miami … and I must say that I am impressed with the dramatic turn-around at the Icon Brickell… The...
Jun 17, 2011 | GUEST CONTRIBUTORS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Whether a family is thinking of buying or selling a home, price seems to have become all important. I’m not sure why that has occurred. I realize, whenever anyone sells or buys anything, making sure you get a ‘good deal’ is a crucial part of the transaction. However,...
Jun 15, 2011 | BUYER'S ADVICE, FORECLOSURES/SHORT SALES, IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Despite what appears to be a non-stop wave of tough news regarding real estate, four major media players have come out this month with the same advice: It Is Time to Buy a Home! The Wall Street Journal: Why It’s Time to Buy CBS Money Watch: Why the Time to Buy is Now...
Jun 10, 2011 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, NEW LISTINGS, REAL ESTATE NEWS, SELLER'S ADVICE
Rental property in Miami is gone often the moment it hits the MLS it seems (or at least that’s true with many of the really good listings). Of the properties listed for lease in Coconut Grove on Wednesday, 75% of what we scheduled to show our clients...
May 30, 2011 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Despite what you see advertised, you cannot get 95% conventional financing in Florida. By phoning an 800 number you may well be told by some out-of-state lender that you can get 95% financing, and they may well supply you with a pre-qual letter, but 95% financing...
May 16, 2011 | BUYER'S ADVICE, FORECLOSURES/SHORT SALES, IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Right now in South Florida 7 out of 10 condos are foreclosure or short sale listings. 2/3 of all real estate transactions involve distressed property (whether foreclosure, pre-foreclosure, or short sales). Not only do those distressed sales downwardly influence...