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Coral Gables, FL 33146

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Archive for the 'Miami Real Estate News' Category

Ashley Cusack Receives R.E.A.L. Award!

REAL Award 2

We hijacked Ashley’s blog to share some WONDERFUL news with you!  Ashley was nominated to receive a R.E.A.L. Award (Real Estate Achievers & Leaders) given by the Chamber of Commerce in the residential real estate category (single family homes) and selected as one of the top three finalists. At the awards luncheon last Friday, she was granted this wonderful honor and received the award! The award was given to the person who has achieved great success in real estate, and who is also a leader in the community. Ashley was the perfect match. She’s had an incredible 23-year career in real estate, selling more than $300 million since 2000 and always volunteers her time in the community. From the Junior League to the Race for the Cure, Ashley gets involved everywhere she can! Her energy and dedication are contagious, her achievements are many and her love for our community is evident in everything she does. Ashley, WE ARE SO PROUD OF YOU!

Ashley with Ron Shuffield, President of EWM Realtors

Ashley with Ron Shuffield, President of EWM Realtors

An Update on Interest Rates

Piggy Bank

People ask all the time how interest rates are doing, so I thought I’d give a brief update on them this week. Interest rates have been at all time lows in the past year, dipping as low as 3.875% on a 30-year fixed loan. Historically, jumbo loans (anything greater than $417,000) have higher interest rates than conventional loans, but rates for jumbos and conventionals have been fairly comparable recently. As the market has stabilized, it seems more and more lenders now have better Jumbo products and rates to offer. Interest rates started to rise slightly this year hovering around 4.5% for a while, but are back down, so we have been in the 4% range pretty consistently on conventional loans for the past year. Rates are always a little higher on a 30-year-fixed product than on an Adjustable Rate Mortgage (ARM), where rates have been as low as 3%! Now is the time to take advantage of these low interest rates!

Interested in real estate in Miami? My areas of specialty are Coral Gables, Coconut Grove, Pinecrest, Ponce-Davis, South Miami and waterfront properties. Feel free to call or email me today. Let me and my team help you in your search!

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Thank YOU For Another Wonderful Year!

EWM awards

Interested in real estate in Miami? My areas of specialty are Coral Gables, Coconut Grove, Pinecrest, Ponce-Davis, South Miami and waterfront properties. Feel free to call or email me today. Let me and my team help you in your search!

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Miami Real Estate on Pinterest!

Pinterest_Logo

I’m sure most of you have discovered Pinterest by now, but if you haven’t, you are absolutely missing out. Pinterest is an online bulletin board where you can “pin”, tag and add comments to most anything that you find online of interest to you. For example, do you have a knack for cooking? You can start a Pinterest board for recipes and collect your favorites that you find online.  Or if you’re planning a wedding, maybe a board with ideas for the reception would be helpful. The options are endless!  So I recently started a few boards related to real estate that I’m sure you will enjoy looking through. My boards include images of the most spectacular dining rooms in Miami, romantic outdoor entertaining spaces, inviting living rooms and more! I invite you to come find me and follow me on Pinterest, and be inspired by the beauty of our magnificent homes!

Interested in real estate in Miami? My areas of specialty are Coral Gables, Coconut Grove, Pinecrest, Ponce-Davis, South Miami and waterfront properties. Feel free to call or email me today. Let me and my team help you in your search!

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South Florida’s Booming Condo Market

South Florida Condo Market

I love analyzing our real estate market – it’s so interesting, it’s ever changing, and I’m always learning something new. For example, did you know that in Miami-Dade County, we are selling more $1 million+ condos every month than $1 million+ homes? This has been the trend down here for the past 4 years. We used to sell more million dollar homes than condos, but with the condo boom, it was inevitable that we would see this shift, since there’s such an influx of condo inventory now. Just in the past three months, we have sold an average of 38 homes every month priced at $1 million or higher. But there’s an average of 48 condos priced above $1 million selling monthly! Another interesting fact? The most expensive condo in Miami-Dade County sold in December at the Setai for $21.5 Million. It’s an exciting time to be a luxury condo owner in South Florida!

Interested in real estate in Miami? My areas of specialty are Coral Gables, Coconut Grove, Pinecrest, Ponce-Davis, South Miami and waterfront properties. Feel free to call or email me today. Let me and my team help you in your search!

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