The U.S. housing market has witnessed its smallest annual increase in foreclosure activity in four years last month. Foreclosure filings were reported on over 300,000 homes in the month of February, that's approximately 2 percent decline from January but an increase from last year. February represents the 12th consecutive month with more than 300,000 foreclosure filings. The slight monthly decrease can be linked to the HAMP program. This has worked to slow the pace of troubled mortgages from going into foreclosure, lenders have been attempting to determine if borrowers qualify for government assistance. Unfortunately there are a number of forces that are working to push foreclosures higher. A major indicator that we all should keep on eye on is the the sluggish labor market which isn't ... 04/28/2010

Minorca Coral Gables condos sale rent Minorca Coral Gables The Minorca Coral Gables, at 2030 S. Douglas Road, is ideally located in the heart of "The City Beautiful" (Coral Gables, Florida). Minorca Coral Gables is an eight-floor Mediterranean revival style building completed in 2005. Just like many of its neighboring buildings, The Minorca Coral Gables Condo rooftop is lined with Spanish tile. The first floor windows are lined with striped awnings and columns. The Minorca Coral Gables consists of 120 residential units on the top 5 floors. Units range in size from 1, 2, and 3 bedrooms to one exceptional two-level penthouse. Each residential unit has a balcony with beautiful city views, an upgraded kitchen with stainless steel appliances and granite countertops, as well as a master bathr... 04/22/2010

Minorca Coral Gables condos sale rent Minorca Coral Gables The Minorca Coral Gables, at 2030 S. Douglas Road, is ideally located in the heart of "The City Beautiful" (Coral Gables, Florida). Minorca Coral Gables is an eight-floor Mediterranean revival style building completed in 2005. Just like many of its neighboring buildings, The Minorca Coral Gables Condo rooftop is lined with Spanish tile. The first floor windows are lined with striped awnings and columns. The Minorca Coral Gables consists of 120 residential units on the top 5 floors. Units range in size from 1, 2, and 3 bedrooms to one exceptional two-level penthouse. Each residential unit has a balcony with beautiful city views, an upgraded kitchen with stainless steel appliances and granite countertops, as well as a master bathr... 04/22/2010

No doubt about it, EWM stays on top of the figures.  Check out this chart that was recently released to our agents.  The chart shows the return on investment (ROI) for real estate in Miami Dade compared to the stock market.  As you can see, real estate has far outperformed investments in stocks.   This chart is just more confirmation that now is the time to buy in Miami! Click on graph to view larger.    If you are interested in buying or selling real estate in the Miami area and are looking for an experienced realtor, please contact me at 305.342.1623 or send me a note here, I would be happy to assist you! To view this chart in its original form, visit Coral Gables Real Estate Vault. 04/20/2010

Emerald Plaza Condo Miami Emerald Plaza Condo Coral Way address 3410 Coral Way Miami Fl. 33145 Emerald Plaza Condo Miami About Emerald Plaza Condo Miami Year Built: 2007 Number of Floors: 10 Number of units: 61 Sq. Ft. range: 486-899 Beds: 1 Baths: 1-2 Emerald Plaza Condo Miami Amenities: - Secured entrance - Well appointed lobby - Assigned parking - Centrally located in Coral Gables Enter Miami Brickell Condos and Real Estate Website 04/13/2010

Dakota Condo Coral Gables  Dakota Condo Coral Gables address 111 Edgewater Dr Coral Gables Fl. 33133 Dakota Condo Coral Gables About Dakota Condo Coral Gables Year Built: 1992 Number of Floors: 3 Number of units: 5 Sq. Ft. range: 1,360-2,520 Beds: 3-2 Baths: 2-3 Dakota Condo Miami Amenities: - Secured entrance - Pool (access for one unit) - Assigned parking - Centrally located in Coral Gables See Coral Gables Condos Home Page 04/12/2010

DAVID WILLIAM HOTEL CONDO David William Hotel Condo Coral Gables address 700 Biltmore Wy Coral Gables Fl. 33134 David William Hotel Condo Coral Gables About David William Hotel Condo Coral Gables Year Built: 1963 Number of Floors: 12 Number of units: 192 Sq. Ft. range: 320-2,630 Beds: Studio, 1-3 Baths: 1-3 David William Hotel Condo Miami Amenities: - Secured entrance - Concierge - Pool - Gym - Assigned parking - Centrally located in Coral Gables See Coral Gables Condos Home Page 04/12/2010

Douglas Grand Coral Gables Condo  Douglas Grand Condominium address50 Menores, Coral Gables, Fl. 33134 About Douglas Grand Condo Year Built: 2002Number of Floors: 8Number of units: 159Sq. Ft. range: 574 - 1,078 - Floor PlansBeds: Studio, 1 & 2Baths: 1-2Douglas Grand Amenities:- 24-hr Security Cameras- Covered Parking- Gated Community- Pool- Tennis Courts Next to Building- Gym- On-site Publix Supermarket- Central Coral Gables Location See Coral Gables Condos Home Page 04/05/2010

Real Estate Market Report for Coral Gables - the City Beautiful The following is a market snapshot of real estate activity in Coral Gables as of March 19th, 2010:                         Active Listings (For Sale) - 473 Pending Listings (In escrow) - 91 Sold Listings (last 30 days) - 34 Of the Sold Listings, here is how the Days on Market (DOM) stack up:                             0 - 30 Days - 32% 31 - 60 Days - 10.4% 61 - 90 Days - 11.2% 91 - 120 Days - 5.6% 120+ Days - 40.8% Data is gathered from the SEF MLS and believed accurate, but not guaranteed. 03/20/2010

March 10th, 2010 Categories:Selling in Coral Gables This new construction home (built in 2008) sold this week at a price of $1,330,000.  Located near the University of Miami and The Biltmore, the home featured 6 bedrooms, 6 baths with 3,627 sq. ft. of living space on a 10,000 sq. ft. lot.   $360/square foot is a relatively high price for new construction right now.   Recent new construction homes in similar locations in the Gables have sold between $300 to $350 per square foot.   The address is 440 Vilabella Avenue and the broker was Coldwell Banker. If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced Realtor, please contact me at 305.342.1623 or send me a note here.  To receive a custom market snapshot of your current property just ... 03/10/2010

As you can see from the chart above (click to view larger) there is a large discrepancy between the price of homes for sale and the price of homes selling in Coral Gables.  The average price of homes on the market right now is $2,345,000 and the average price of homes sold in the beginning of 2010 was $740,000.   This shows that there is a large gap between what sellers are asking and buyers are willing to pay in Coral Gables.  (Keep in mind that there are some exceptionally high priced waterfront homes that are pulling up the average list price). If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced Realtor, please contact me at 305.342.1623 or send me a note here.  To receive a custom market snapshot of your current property just en... 03/09/2010

The Platinum Triangle is a very desireable location in Coral Gables.  Believe it or not, the prices in the Platinum Triangle start at $589,000.   Most of the homes in this area were built in the 1950's and updated, but there are a few new construction homes that have come on the market as well.  Check out a few properties currently for sale in The Platinum Triangle. 6710 Tarrega Street | Built In 2009 | 5 Bedrooms, 5 Baths | 4,274 Square Feet | 9,200 Sq. Ft. Lot | Asking Price: $1,599,000 | Broker is One Sothebys 701 Coronado Street | Built in 1956|  4 Bedrooms, 3 Baths | 3,440 Square Feet | 19,422 Sq. Ft. Lot | Asking Price: $1,197,000 | Broker is ReMax Other properties for sale in the Platinum Triangle of Coral Gables include: 720 Coronado Avenue 5 Beds/4 Baths, $1,200,000 7020 Minde... 03/09/2010

We all know that most condominium buildings in South Florida have taken a big hit in the market crash.   But in Deering Bay, most of the units on the market are now asking much more than they sold for just a few years ago. When doing some research for a client, I noticed that the owners of Unit #1001 in the Verona building are acutely aware of the market conditions.  They purchased the property for $1,378,000 in 2006 and are now asking $1,099,000.   The unit is updated with ebonized mahogany wood floors, silhouette and black out shades, new appliances, crown moldings and many more special features.  The unit has wonderful views of the Deering Bay Lagoon and golf course.  Other details include: 2,740 square feet of living space and 4 bedrooms, 3 baths.  Broker is Miami Real Estate. As I... 03/05/2010

JUST LISTED = 333 Palermo Avenue, Coral Gables, Florida 33134 $885,000 - Professional office building on one of the prettiest streets in Coral Gables.  This property currently provides 3 spacious executive offices, glass enclosed conference facility, 4 work stations and an impressive reception area.  Sufficient parking ofr up to 3 vehicles is conveniently located at theback of the building with plenty of street parking for guests.  Great curb appeal.  This is a seller's sacrifice and a solid investment.  For a private viewing or additional information contact listing agent Monica LoMonaco 305-215-5564, Chairman's Club, EWM Realtors, Coral Gables, Florida. Year Built 1952 SF 1,960 Lot size 25 x 100 Includes land and building 03/02/2010

  FOR IMMEDIATE RELEASE Media Contact: Michael Mut 786.426.2277 mmut13@gmail.com Miami, FL, February 15, 2010 — Since 2002, the Furniture Exchange has been serving the Coral Gables, Pinecrest, Coconut Grove and Key Biscayne communities as an upscale furniture consignment store. On Thursday, February 25, from 6 to 9 p.m., the store will serve wine and cheese to new and loyal customers at a special event. Located at 6020 South Dixie Highway, Miami, FL, 33143, the Furniture Exchange  will host an evening of wine, cheese, fine furniture, home accessories and art on consignment. “We hope to create an increased awareness of our store and our services with this event,“ says proprietor Miriam Gilmore.  “We invite the public to get to know us and learn more about our all  of the different, uniqu... 02/17/2010

Edgewater Drive is located at the mouth of the Coral Gables Waterway.  As far as real estate goes, there is something for everyone on this street.  You can find inexpensive non-waterfront condos on the north side of Edgwater and $16,000,000 penthouses on the south side. Talking with residents of Edgewater Drive they tell me that they love the street for its proximity to Coral Gables and Coconut Grove.  The street also has a very residential feeling.  It is lined with trees and sidewalks, and is just steps from the recently renovated Sunrise Park.   The street is a haven for joggers and cyclists (including myself) on the weekend who try to avoid the traffic found on Ingraham Highway. If you are in the market for condos in Coral Gables you should check out what is available on Edgewater ... 02/16/2010

Taking a look at the below numbers you will see that Gables Estates still remains the premiere gated community in Coral Gables with an average list price per square foot of $1,328.00 and sale price per square foot of $856.00.  If you want to be in a gated community for good value you should check out Gables By The Sea.  The homes in Gables By The Sea are priced at $448.00 per square foot and sell for an average of $375.00 per square foot. Snapper Creek Lakes There are 14 homes for sale in Snapper Creek Lakes.  They range in price from $1,799,000 all the way up to $12,500,000.  The average list price per square foot is $614.00.   There was one home sold in Snapper Creek Lakes in 2009 and it sold for $2,100,000 at a sale price per square foot of $384.00.  There have been no closed sales ... 02/12/2010

02/10/2010

Snapper Creek Lakes is a prestigious gated community in the city of Coral Gables.   The entrance sits across from Fairchild Gardens on Old Cutler Road.  Snapper Creek Lakes has a bay access marina, 24 hour gated security and high end homes with acre+ estates ranging in price from $1,699,000 to $12,500,000.   The community sits within the highly desirable Pinecrest/Palmetto school district.  The average list price per square foot is $595.00 currently in Snapper Creek.  There was only 1 closed sale in Snapper Creek in 2009, it was a 5,469 square foot home on a 57,499  square foot lot with 5 bedrooms, 5.5 baths.  The home was on the market for 5 months and after 4 price reductions it sold for $2,100,000 (original list price was $3,900,000).   EWM was the listing and buying broker for the ... 02/05/2010

Homes in the Golden Triangle area sell at a premium due their prime location within Coral Gables.  There is a new property currently on the market in this exclusive area.   The home is located at 630 Escobar Avenue and features 4 bedrooms, 3 baths with 3,764 square feet of living space on a 10,500 square foot lot.  Other special features include wood beamed ceilings, marble floors, a master suite upstairs with walk in closets and large master bath.  The home has a lush pool and patio area and is within walking distance to the Biltmore Hotel and Golf Course.  The asking price is $1,195,000 and is listed by EWM Realtors, Inc. For a list of homes for sale in the Golden Triangle of Coral Gables, click here. If you are interested in buying or selling real estate in Coral Gables please feel f... 02/02/2010