Jan 24, 2012 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
European buyers are divided almost evenly between those wanting a condo and those wanting a single family home. 47% of Western European real estate acquisitions in Florida are for single family homes. 41% are for condos … with a handful looking for townhouses....
Jan 23, 2012 | BUYER'S ADVICE, MIAMI REAL ESTATE, REAL ESTATE NEWS
We were showing property this week to a buyer looking for a home priced under $500K … Let me tell you – There are SO many well-priced (nice) homes in Miami available for under $500K right now. Because of the pricepoint for these buyers we are...
Dec 15, 2011 | BUYER'S ADVICE, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
With so many people looking to rent or lease now, the opportunity is ripe for investors. Over 50% of all residential real estate purchases in South Florida are cash transactions… And, by buying in cash, and not paying a mortgage, you may well be looking at...
Dec 13, 2011 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
By the end of 2010 distressed single family homes in Miami listed for sale in the MLS (multiple listing service) numbered in excess of 1,000. And as we moved into 2011 that number dropped: The number of distressed properties listed for sale dropped. Distressed...
Dec 5, 2011 | BUYER'S ADVICE, LUXURY & WATERFRONT PROPERTY, MIAMI REAL ESTATE
I moved to Miami from New York City over two decades ago. Homes weren’t listed or available on the Internet back then. You had to physically go to see each one … in person. I think I visited about a hundred before narrowing it down, and buying. We...