Miami
February 21, 2023
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 […]
February 14, 2023
If you are already a Florida resident moving into Miami, you are accustomed to the issues you will face with property insurance. If you are new to the state, however, this will be a little crash course for you. Property insurance in Florida is more expensive than in many areas of the country, and you will likely have questions. For help understanding the ins and outs of every financial decision when it comes to Miami real estate, including homeowners insurance in Florida, you can call on The Drew Kern Team to give you an honest opinion. What’s the Situation? It’s no surprise that Florida has a higher risk of severe and damaging storms when compared with the rest of the […]
January 17, 2023
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
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
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 […]
December 1, 2022
Living in the tropics doesn’t mean that Miamians don’t know how to celebrate winter holidays. We just do it with our own style and flair – the way we do everything! Here are some of our favorite festive activities in the Miami area. We hope you will enjoy them as much as we do. Coral Gables A Christmas Carol, the Musical – Actors’ Playhouse at the Miracle Theatre Various dates and times throughout December A musical reimagining of this Christmas classic. Find all details and purchase tickets through the link. Dec. 9 at 7pm – A Very Merry Holiday Gala – Coral Gables Women’s Club A family friendly event pictures with Santa, a silent auction, dinner and drinks, plus a keynote […]
August 23, 2022
When you’re looking to buy a home in Miami, one of the first things you should check is the flood zone of the property. Flood zones are areas that are more likely to experience flooding, and they’re important to know about because they can affect your insurance rates and your ability to get a mortgage. While it’s important to look for flooding risks in your neighborhood – proximity to canals, for example – that’s not really what we’re talking about here. It’s checking what zone a property is in before you make an offer. Buying a Home in a Flood Zone If you’re looking at homes in a flood zone, it’s important to talk to your insurance agent and lender […]
July 19, 2022
There’s no doubt why Miami is a very desirable place to live. With the tropical weather, beautiful beaches, and amazing restaurants, what’s not to love? All these factors – plus the business climate in South Florida – are reasons the real estate market in Miami remains strong. Prices have been rising steadily over the past few years and that has been leading to a common question we get – what is the next ‘It’ neighborhood in Miami? Before we dive in – to be clear, there are many neighborhoods that are attracting a lot of developer attention like Allapattah for which there is a strong argument to be made that it will be the next ‘It’ neighborhood. We’d rather talk […]
July 5, 2022
The Grove has seen a lot of changes over the past few years – but at the same time, has kept the allure it’s had for decades. There has always been a certain level of walkability and community that other neighborhoods just don’t possess. It’s not hard to see why with the restaurants, new and improved Cocowalk shops, and tree-lined streets, right on the bay. What We’re Seeing in Coconut Grove Real Estate The part of the Grove along Main Highway & Ingraham has been a mainstay in desirable addresses for ages. A decade ago we saw the parts east of Mary st and north of Bayshore flourish. Now we’re starting to see homes on the other side of US-1 […]