South Florida Real Estate

April 18, 2023

Is Miami Immune to the U.S. Market Correction?

The last couple of years have been a wild ride, there’s no denying that. Miami has been one of the U.S. cities that has not followed the nationwide trends as closely as the majority of the country. But are we immune from a negative trend across the States? What Makes Miami Different? One of the simplest things setting Miami apart from most of the U.S. is the size. We are the 7th largest metro area in the country. Secondly, Miami has a higher-than-average concentration of luxury homes. On top of that we are a coastal city which entices buyers from not only all over the U.S., but internationally as well. Miami is a destination city within a state that has […]
April 11, 2023

Our New Favorite Restaurants in Miami

Miami has its share of classic restaurants – and it runs the gamut from Joe’s to Shorty’s. But, over the years, we’ve discovered that simply by being Realtors we come across new restaurants regularly and have become a source for some of our longtime clients. With that in mind, we thought we’d share a few of the new spots you should consider trying on your next night on the town. The Gibson Room – This swanky spot is the perfect combination of unique and familiar. Yes, there’s a marlin on the wall and a line of barstools, but there’s also likely to be a jazz combo playing live and the menu is full of unexpected, and delicious, selections. They also […]
April 4, 2023

The Best Easter Egg Hunts Around Miami

It feels like 2023 just started, but somehow Easter is already here! We’ve compiled a list of some of the best Easter egg hunts we know of all around Miami. All these public events welcome everyone no matter how you celebrate. . Miami Kids Magazine always puts on great seasonal events for families, and Easter is no exception. Their event will be on April 1st – the weekend before Easter – at Shops at Sunset Place in South Miami. The Easter Bunny himself will be on hand for photos. They will have music, games, arts & crafts, and entertainment from 11am-2pm. If you want your kiddos to have a chance to participate in an egg hunt you’ll want to take […]
March 21, 2023

Interest Rates are Affecting Miami’s Market – What You Need to Know

Higher interest rates are affecting real estate markets nationwide, and Miami can’t escape the impact fully.. That said, we are still enjoying one of the strongest markets in the country despite some cool-down. So, let’s talk about what you need to know no matter which side of the Miami market you’re on: buyer or seller. Where are We Now? The current average interest rate for mortgages is sitting just below 6.5%, but many of our lenders can do better than that. Feel free to ask us for a recommendation. This is the highest we’ve seen rates since the end of the year in 2007, so it feels high. However, it’s worth recalling that in the fall of 2000 it was right […]
March 14, 2023

Managing Selling a Home in a Rising Rate Market

The simple fact is that we are unlikely to see mortgage interest rates head anywhere near where they were pre-2022 anytime soon. So, what does this mean for sellers? Here – in the Miami market at-large – it doesn’t mean that we expect to see any shortage of buyers. No, the demand is still there, but what we will see change is a shift in competition.  The golden hour of buyers competing with each other has mostly expired. Instead, it will be sellers competing to offer buyers the most bang for their buck to make those higher interest rates worth it.  Price Competitively Let’s start with pricing – how do you know what price is attractive enough to buyers without […]
February 21, 2023

How to Choose the Right Realtor for You

Whether you are in the real estate market as a buyer or seller, choosing the right realtor for you is the most important early step in the process. But how do you know who to choose?  Experience is Key Whether you’re buying or selling, your realtor should be experienced in your area. Building up a reputation and a basis of knowledge in specific areas give realtors a big advantage over agents who are less familiar with individual neighborhoods. Miami is a large, unique city with many different areas that appeal to different people for different reasons. A realtor who works mostly in Aventura might not know the nuances of smaller areas within Pinecrest.  Moreover, real estate is moving fast! Buyers […]
January 17, 2023

Moving to Miami: What Neighborhoods to Look at for Your New Home

If you are planning a move to Miami, let me be the first to welcome you! It is such a wonderful and unique city, so learning a bit about the different neighborhoods will be an important step in your search for a home. I have more than 25 years of experience selling real estate locally and am a native of South Florida. Helping people find their dream home here is something my team and I love to do!  Each neighborhood in the Miami area has its own style and personality. Let’s talk about a few of those areas and their individual qualities. Coral Gables  This family-friendly suburb is packed with charm! Known as “The City Beautiful,” its unique 1920s and […]
January 10, 2023

What’s Happening with the Miami Rental Market?

Miami has been the red hot center of a nationwide rental market boom. In South Florida, rent rose nearly 25 percent between the summer of 2021 and summer of 2022. On top of that, almost 97 percent of rental inventory in Miami-Dade County is occupied. Available properties have multiple applicants all hoping to score a place to live. While rent is up and inventory is down in major cities across the US, nowhere has it been as dramatic of a shift as we’ve seen here.  Expectations for 2023 I expect the rental market will continue to have high prices and high demand throughout 2023, and likely beyond. The storm season we experienced in 2022 factors in to these high prices […]
January 3, 2023

What To Expect in the 2023 Miami Market

Sometimes markets are easier to predict than others, and this one… well, there are a lot of moving parts. I’m certainly no fortune teller and any number of things could impact my best guesses.  At any rate (pun very much intended), I’ll give you my thoughts as of now about what to expect with the Miami real estate market for the upcoming year. Will Housing Prices Go Up or Down? The next several months will be different, a “back to normal” market, but that doesn’t mean a loss of all the gains we have seen over the pandemic price surge. In fact, in most areas of Miami prior to 2019, I would say we were undervalued from a global perspective as […]