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Luxury Miami Homes

My Insights, Market Updates, Business News, Community Events

December 8, 2021

Coral Gables Market Update

Coral Gables single family homes between $3,000,000 - $4,999,999: inventory is low, so every listing that goes on the market seems to be snatched up quickly. If you have been debating whether or not to sell your Miami home, I would highly recommend doing so in the near future.
December 1, 2021

Rental Prices are Up Nationwide

Rental prices have increased across the 50 largest metro areas in the United States, according to an article in South Florida Agent Magazine. The surge in rental prices is a sign of the economy bouncing back from the Covid-19 pandemic.
November 24, 2021

The Demise of Zillow Offers

According to Fannie Mae, the Federal National Mortgage Association, the median price of a home in the US is expected to increase by 7.9% between the fourth quarter of 2021 and that of 2022. Real Estate prices should continue to increase next year as well.
November 17, 2021

Home Prices are Expected to Rise in 2022

According to Fannie Mae, the Federal National Mortgage Association, the median price of a home in the US is expected to increase by 7.9% between the fourth quarter of 2021 and that of 2022. Real Estate prices should continue to increase next year as well.
November 10, 2021

Will Opening Borders Impact Miami Real Estate? I think so!

Because overseas visitors are once again able to come to the U.S. and, more specifically, to South Florida, I also think that we will see a large uptick in foreign real estate investment.
November 3, 2021

What Will 2022’s Mortgage Rate Hike Mean for Real Estate?

Mortgage rates are expected to rise to 4% in 2022, according to CNBC.com. Rates have been historically low so buyers have been spoiled, but 4% for a 30-year fixed mortgage is still a great interest rate.
October 29, 2021

Trader Joe’s is Coming to Coral Gables

It’s official: Trader Joe’s will open its doors in Coral Gables in 2021! Located at 211 South Dixie Highway, it will be in the Gables Station complex, a mixed-use development that includes Lifetime luxury apartments, 2 acres of park space along the Underline, additional retail space, much-needed parking, and connectivity to public transportation.
October 27, 2021

Coconut Grove Condo Inventory: Now is the Time to Sell!

If you own a luxury condo in Coconut Grove, which I am defining as a condominium unit that will sell for $1,000,000 or more, then now is the time to sell! We are seeing shortages of listings in this market; in fact, in September 2021 there were only 8 units for sale, which is a stark contrast to the 30 units available in the same month of 2020.
October 20, 2021

Will More Employees Stay Home?

Will the convenience of a commute from your bedroom to your desk win out over a higher salary and a long drive to the office? It will be very interesting to see whether we have another influx of out of state buyers.
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