Luxury Miami Real Estate

Hello and Welcome to Miami!

I have designed this website with you in mind, filling it with helpful information. Visit often to search for properties with my user-friendly real estate search solution, get details on schools all over Dade County, spend time reading my blog, or explore to find so much more!

550 South Dixie Highway

Coral Gables, FL 33146

Cell: 305-798-8685

Office: 305-960-5330

Email Me


Archive for the 'Luxury Miami Real Estate' Category

Foreign Investment, or Lack Thereof

A little while ago I attended the Luxury Portfolio International Summit on Miami Beach. It is a great opportunity to network with my fellow realtors, not to mention it is incredibly educational! One subject that was discussed extensively at this year’s conference was the lack of foreign real estate investment in the United States. Miami is a very international market, so we have certainly felt this change over the past year, and I was interested to learn more about what is happening internationally to cause this shift.

Take a look at this chart, which illustrates why foreign investors have stopped buying property in the US. You will note that, with the exception of China, it has become more expensive across the board to buy property in the US. For example, if you look at Argentina, back in 2007 a $1,000,000 property in the US could be purchased for 3,186,990 Argentinean Pesos. However, in 2016, a $1,000,000 home would cost 16,042,200. That makes a $1,000,000 house a whopping 403.4% more expensive to an Argentinian buyer in 2016 than it was in 2007! Colombia, Peru, Brazil, and Venezuela have all seen their currency rates change, meaning that the Latin American market here in Miami has weakened considerably.

It is not just South Florida that is experiencing this shift in the real estate market: other parts of the US have historically had heavy foreign real estate investment as well. Because property is relatively more expensive right now, the “steals” that foreign investors were purchasing around 10 years ago simply do not exist at this point.

The real estate market is constantly changing, and this is just the latest shift. I am sure that one day in the future I will be writing a blog about how much foreign investment we are experiencing!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , , ,

The Importance of Giving Back

I recently attended the Luxury Portfolio Conference on Miami Beach, and one entire morning was spent talking about giving back. I absolutely love that this topic was given so much importance in a high-end luxury real estate seminar. I have always believed in giving back and find that it is one of the most important aspects of my life, whether I am coaching lacrosse, volunteering with the Junior League Foundation or Beaux Arts, or serving on my church’s vestry.

My high school motto was “what we keep we lose, and only what we give remains our own.” I still believe in this mantra and I continue to try to live that way! I am so glad that the real estate community worldwide is buying into this!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: ,

Miami Real Estate Insight

Earlier this week I had the pleasure of attending a market outlook meeting put on by EWM called Insight. The panelists were Alice N. Bravo P.E., the Director of Transportation & Public Works, Miami-Dade County, Dr. J. Antonio Vallamil, Founder & Principal, Washington Economics Group and Ron Shuffield, President & CEO, EWM Realty International.

It was interesting and enlightening. The real estate take away from Ron was that, as realtors, we should be pushing to reduce asking prices. Currently our $1,000,000 + single family home market is carrying a 26 month supply and there has been an 11% decrease in sales. I have said this many times, but below 12 month’s inventory represents a seller’s market, 12-18 month’s supply is a balanced market and over 18 month’s supply is a buyer’s market. In spite of these numbers, I will say, we have experienced a lot of activity in the past few months. Priced well, good houses are selling. The foreign buyers, or lack thereof, really hit us last year. 2 years ago 32% of every buyer was from outside of the country, last year 25% were foreigners. The most dramatic example of this are the Argentinians who would be spending 24% more with their currency value compared to our dollar today versus a year ago.

The good news is the value of luxury we afford in Miami compared to other important cities in the world. A 120 sq meter (1,291 sq ft) condo in Monte Carlo, for example, is a staggering $45,000/sq meter ($4,349/sf), while Miami Beach is $8,180/sq meter ($760/sf). New York is $22,482/sq meter ($2,089/sf) and Downtown Miami is $5,113/sq meter ($475/sf). It makes Miami look like a deal, right?!

I am cautiously positive about 2017, as we have gotten off to a great start! Much different than last year!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: ,

Super Bowl 51!

Although my beloved Miami Dolphins did not make it to the Super Bowl, I am, as always, excited to watch the big game! As a competitive runner I love to see other athletes playing at their peak, and what is the Super Bowl if not an example of that type of athleticism?

I am not going to lie to you and say that it’s all about the game, though. I do love a good Super Bowl ad. Remember the Apple “1984” commercial? I happen to be reading 1984 for my book club, and that Apple spot really hit the nail on the head. More recently, I adored the little boy dressed as Darth Vader who managed to turn on a Volkswagen! I must admit that the Budweiser Clydesdales are always so sweet that they bring a tear to my eye!

In addition to the football and the commercials, I am also intrigued by this year’s halftime show. What will Lady Gaga wear?! And how will they take such an “out there” performer and make her appeal to the masses? Only time will tell! Hopefully something outrageous will come out of the performance – more fodder for my blog!

What is your favorite part of the Super Bowl? The food? The commercials? The halftime show? Maybe it is the chicken wings! Whatever it is, I hope that you enjoy Sunday’s game and the surrounding pomp and circumstance. May the best team win! And may that not be the Patriots!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , ,

Waterfront Lot Size Discrepancies

Luxury Miami Homes for Sale

Lately I have had the pleasure of showing several waterfront homes to a buyer. When I show property, I like to give the buyer as much information as possible, so I always hand them the MLS sheet, the tax roll, the listing history, and anything else that I can get my hands on such as a survey or floor plan. Once my buyer zeroed in on a few homes, she really started to analyze the information I had given her and she called me with an important question: why did the lot size on MLS listing sheet almost always reflect a larger number than the Miami-Dade County tax rolls?

Waterfront lots are interesting because, well, they end in the water. Because water is a dynamic force that can rise or become lower, Miami-Dade County does not utilize the entire square footage of a waterfront lot in its tax rolls. Rather, the County will only measure up to what is known as a “survey tie line” to assess this type of property rather than measuring the entirety of the lot, all the way to the water’s edge.

Although Miami-Dade County does not assess waterfront lots based on their true size, a buyer who purchases such a lot does, in fact, own all the way down to the water’s edge. During the contract period, a buyer’s closing agent will order a survey of the land and that document will show the survey tie line, but will also give credit to the whole lot. Upon selling, owners can then provide that survey to their realtors so that they can list the correct lot size. This is why my astute buyer noticed that the lots in the MLS were, more often than not, larger than reflected in the tax rolls.

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: ,

The Stunning World of Alfred Browning Parker

Luxury Miami Homes for Sale

I have always loved the homes designed by Modernist architect Alfred Browning Parker, so I am very excited to see HistoryMiami Museum’s new exhibit “The Discipline of Nature: Architect Alfred Browning Parker in Florida.” I have been in – and sold – several of his designs, I have never actually seen his sketches or models, and I look forward to viewing those and other pieces of his work all in one place!

Parker studied under Frank Lloyd Wright, and his work is stunning. It truly fits the Miami lifestyle because he ingeniously brought the outdoors in. His homes feature clean lines and simple, natural materials, plus abundant windows, all of which allow the beautiful nature here in South Florida shine. Though his career started just after World War II, Alfred Browning Parker’s designs still feel fresh and modern – probably because he influenced the next generation of architects, many of whom have adopted elements of his style.

Whether or not you are familiar with the Parker’s designs, HistoryMiami Museum’s retrospective will definitely be worth your time because his work is a treat to behold! Maybe you will be inspired to redecorate in a modernist style, or maybe you will feel compelled to buy one of his homes! If the latter is the case, then I know just the realtor to help!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , ,

Miami Real Estate July 2016 Market Update

The Miami Herald recently ran a piece called “Miami real estate had a really bad month in July.” Ouch. That is not something that, as a realtor, I want to see! However, I know that I put just shy of $6,000,000 worth of property under contract during just that month, so it did not feel quite so doom and gloom to me!

After my shock and dismay at the headline, I actually took a moment to read the article. Sure, there are negatives in there, including the down condo market and the lack of foreign investment, but the real estate market does have some positive things going for it. For example, I think that the fact that the number of foreclosures is down is excellent news because it means that our market has grown healthier in that regard. I have also found that what Ron Shuffield said is true: “the middle of the market is still strong.” Mid-priced listings are in high demand because, at the end of the day, not everyone can afford to spend $1,000,000 on their home.

As always, price does come up in this article. Pricing is up 7.9% for single family homes year over year in July of 2016. I do believe that this will stabilize now that the market has shown evidence of a slow-down. It might be time to revisit pricing with some of my listings that have not received the attention that they merit.

I do realize that this summer has felt slower than summers past, but, in addition to the obvious negatives, there are some positives in our real estate market! Hopefully now that we are all back to school and back in work mode, we will see an uptick in sales here in South Florida.

Click here to read the Miami Herald article

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , , ,

Olympics Inspiration!

If you know me, you know I love sports! I love to play sports and I love to watch sports! So, when the Olympics roll around, summer or winter, I am addicted! I love watching athletes that have worked as hard as they have to be the best at what they do. I wish I could give that dedication to a sport and see it realized in the Olympics. Alas, I think my opportunity has passed, but the inspiration these kids (some not kids at all) give to us all is amazing. At a time when the world can’t get along, our nation is divided by two struggling parties and people overall just don’t seem to be acting in a way we would be proud of, the Olympics are there to show us something completely different.

I have been moved by Abbey D’Agostino and Nikki Hamblin, the runners that fell over each other and then helped each other up and encouraged the other to finish-this is the biggest race of their lives! Watching Bolt and De Grasse laugh together as they crossed the line in the semi-finals and seeing most everyone showing sportsmanship and respect to their fellow athletes as they win or lose! I just love this and wish we could carry this spirit with us throughout the year! These people are competing for all they know and for all they have worked so hard for, yet they can see the bigger picture.

Some of my favorite stories have been the success of the American girl’s gymnastics team, the Final Five! Watching Michael Phelps come back and win his 23rd medal, while feeling much more like a team member, watching Usain Bolt entertain the crowd while winning gold in the 100 and 200 for the third straight Olympics, and finally watching Kerri Walsh Jennings and April Ross lose against the Brazilians (I didn’t love that), only to come back and fight like crazy and with pride to win the bronze the next day. So many life lessons in all of these stories! My kids are tired of hearing me drone on about all there is to learn here!

And then there is Ashleigh Johnson, the girl’s water polo goalie who is a graduate of Ransom Everglades School, where my children go. She is competing for the gold medal with her team today. She is the only African American on the team and the only girl that, not only did not grow up in California, but does not play for a California school, she plays for Princeton. She grew up in the Redlands, not the hotbed of waterpolo! With hard work and determination she has become what many are saying is the best goalie in the world! How cool is that! What a lesson to my privileged children.

So as the Olympics come to an end, I am saddened to have to wait two more years to stay up too late and cheer like crazy, but hopeful that we will remember all the good that these amazing athletes have shown! I recognize how sappy this all sounds, but I really do believe we can take a lesson and try to be the achievers and good sports we have seen from so many of these Olympians. These Olympics came at the perfect time and have changed our headlines for a couple of weeks! Thank you to all of the athletes that have completely entertained the world with your positive and uplifting stories and athleticism!!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , ,

Miami Real Estate Market Update: Insight into 2016

Luxury Miami Homes for Sale

Ron Shuffield, the president of EWM Realty International, has created a market update video for the second quarter of 2016. He is probably the most interviewed person for residential real estate in Miami, so whenever he has something to share I like to, in turn, pass it on.

It is great news for the $1,00,000+ real estate market! We have seen a leveling off and recent decrease in inventory in this market after great increases in the past few years. I will let Ron’s video take it from here, but be sure to call me with all of your real estate needs!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , ,

Looking to Buy? Now is the Time.

Luxury Miami Homes for Sale

In case you haven’t heard, mortgage rates are still at near-historic lows. I just did a quick Google search and the highest rate that I found for a 30 year fixed interest loan was 3.625%, with some shorter-term loans coming in at under 3%. All that I can say is wow! Although I was not participating in the real estate market as either a home buyer or a realtor when rates soared to 18%, I have dealt with much higher interest rates than 3%, so I know that now is a good time to refinance or, better yet, to buy a new house!

According to Forbes.com, “Concerns about market volatility and apparent weakness in the U.S. economy earlier this year, combined with Britain’s vote in June to exit the European Union have made it much less likely the Fed will raise rates further in the near-term.” Interest rates, then, are low and should stay that way for a little while. Combine that with the large amount of inventory currently on the Miami market, as well as the price corrections that we have seen this year, and it sure does look like now is the time to buy here in South Florida.

Who wants me to help them start looking for a house? Give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , ,

Summer Time in Miami

Luxury Miami Homes for Sale

Summer is always an interesting time for me. My children often leave for long periods of time for camp and when they are back we take some trips. I am always juggling between the relaxing pace of summer and the frenzy of getting as much done as possible when I am here and have fewer or no kid responsibilities. Don’t get me wrong, I love summer! I don’t even hate the heat. I just seem to throw myself off balance while trying to balance my life. I know many of you must experience the same thing. There is a sick side of me that kind of enjoys the frenzied pace I get into trying to get as much taken care of as possible before leaving.

Most trips I take allow me to be in constant communication if necessary. My family loves the boat, so we actually altered vacation life from the Bahamas to Key West years ago so we can enjoy the same beautiful diving and spear fishing, while being in contact. That being said, I took a wonderful trip recently on a friend’s beautiful yacht to the Dry Tortugas and Cuba. I was forced to relax and disconnect because there was no internet and no cell reception. I thought I had outsmarted everyone by finding a phone you buy minutes on that can be used in Cuba, but it didn’t work! It ended up being absolutely wonderful (maybe not according to the girls in my office), but there is something to be said for complete peace! So enjoy the rest of your summer, with all we do all year we deserve it!!

If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: Luxury Miami Real Estate

Luxury Miami Real Estate

My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.

Consistently in the top 10 company-wide at EWM for the past 15 years, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!

Don’t hesitate to reach out to me, Ashley Cusack at {305.798.8685, email and website}. EWM Realtors.

Tags: , , ,