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Coral Gables, FL Real Estate News

By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Typically, well maintained Coral Gables luxury homes don’t last too long on the Coral Gables real estate listings. This city lying just south of Miami and skirting the gorgeous Atlantic Coast is one that many home buyers would love to settle into, whether they are from the states or international buyers.However, if you have clients listing homes for sale in Coral Gables and properties are not selling, then taking a hard look at the home is probably necessary. There may be some areas within the home that need to be renovated, updated, or cleaned up. Get ideas on what you can suggest to selling homeowners.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
 Coral Gables luxury homes and other real estate properties in South Florida where the market has been rebounding quite well may see prices steadying, but this summer season is expected to be a truly hot one, according to real estate economists. A recent report from Florida Atlantic University sees the real estate market in South Florida, including Coral Gables real estate, as well as others across the country to do exceptional well for the summer. Traditionally spring is what realtors consider the peak of the home selling season, but his year could be different. Find out more about what summer 2016 may hold for you!
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Home improvements for Coral Gables luxury homes are always good for maintaining a high quality of living as well as better home value in the long run. A frequent home addition many Coral Gables real estate property owners find themselves considering is fencing.There are many reasons why homes require fences, and there are a variety of materials to choose from depending upon your budget, the amount of time you have to keep it in top shape, and the look that you want it to reflect on your property. Before you get started, read through some tips on the Berkshire Hathaway HomeServices Florida Realty on what you need to consider to pick the right one.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
When it comes to South Florida real estate, international buyers continue to grow with 2015 being a stellar year and 2016 expected to do as well if not better.In fact, foreign real estate buyers accounted for about 36 percent of the dollar value when it comes to home sales in the South Florida residential real estate market. According to the Miami Association of REALTORS®, Miami-Dade County topped the area in home sales with 78.9 percent of $6.1 billion in homes sales, while Broward County registered 18 percent of these sales. Coral Gables luxury homes and Fort Lauderdale luxury homes were undoubtedly part of the draw!Find out more about the international real estate buying market and what 2016 is expected to bring!
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Pending homes sales are on the rise across the country in most regions, including the South and homes for sale in Coral Gables.The numbers reported from the National Association of REALTORS® (NAR) show pending home sales are at their highest level in nearly 10 years. Looking at the pending home sales in April indicates a three-month consecutive rise. Experts see more interested buyers moving into the Coral Gables real estate market and others property markets across the country. Many associate it with a building momentum coming from the over 14 million jobs created since 2010. Additionally, the prospect of higher rents and mortgage rates down the road are bringing prospective buyers into real estate markets. Get the specifics on these latest numbers. 
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
As gorgeous as the properties in South Florida can be even Coral Gables luxury homes can become dated and out of step with the current trends. What is important for homeowners to understand is that by keeping the look of their homes in another decade, its value can be affected.Home values are dependent on the impression a property makes on home buyers. Despite whether you plan to list your home on the Coral Gables homes for sale roster, these types of creature comforts also affect those living in the home. Get some ideas on how you can boost your home’s value and update it, too, at the Berkshire Hathaway HomeServices Florida Realty website.
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By JM Padron, CCIM, CCP, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
Hermès of Paris has signs office lease for its perfume division in downtown Coral Gables. Hermès leased nearly 2,900 square feet at 2020 Ponce, where it will house its Latin American office.Florida East Coast Realty developed and owns the mixed-use tower, which includes ground floor retail and seven floors of office space. About 20,000 square feet in the 130,000-square-foot building are available to buy or lease, according to a press release.Tenants include AMC Networks Latin America, Providence Companies, Peebles Corporation, as well as Florida Community Bank, Total Bank, Coral Gables Vein Specialists, and Elite Body Sculpting on the ground floor.FLorida East Coast Realty first opened the office and retail building in 2009 with for-sale office space, but later shifted to leasing. The c...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Are you looking forward to the upcoming shift in season is on the way? Summer is coming soon! With schools out and longer days, it is a fantastic time to throw an evening party. If closing and moving into new homes for sale in Coral Gables or a longstanding homeowner of Coral Gables real estate and wanting to celebrate the new season, why not throw a summer party?Get some ideas that are perfect for anyone, especially those South Florida residents who can take advantage of the area’s seaside flavor. Visit the Berkshire Hathaway HomeServices Florida Realty site for more details.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
May 20, 2016 (CORAL GABLES, FL) - Ody Sierra has assumed the role of Managing Broker of our Miami – Coral Gables Branch Sales Office location in the Southeast Region reporting to Pat Dahne, Regional Vice President. The Coral Gables Branch Sales Office is located at 135 San Lorenzo Avenue, Suite 150, Coral Gables, FL 33146.“Joining Berkshire Hathaway HomeServices Florida Realty is an exciting opportunity. Being familiar with the company under Rei Mesa’s leadership, I feel privileged to be associated with a company that has such an impressive reputation and global brand recognition! I look forward to assisting our Sales Professionals with growing their business by incorporating my local knowledge and skills with the finest tools and services in the real estate industry today. We will cont...
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By JM Padron, CCIM, CCP, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
Cisneros relocates from Coral Gables and signs lease at the Two  Miami Central office building currently under construction. Cisneros, a media, entertainment company will occupy 30,000 square feet on the top two floors of the office building. The 10-story building will total 190,000 square feet and should be completed in 2017 and will be connected to developer Florida East Coast Industries' Brightline passenger train. MiamiCentral and Brightline represent a major step forward for South Florida Commercial Real Estate Development"  The advantage of this location besides state of the artinnovation, is being able to provide employees with a range of amenities and transportation options located right in MiamiCentral.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
 There are always those that will love both the suburbs and the city. But right now it seems that home buyers are shifting their preferences from the previous years of suburban sprawl to urban tall. The move back into the inner cities seems to be a phenomenon that is continuing to grow across the country, including the Coral Gables luxury homes market.Instead of the large ranch style homes with as much property as you can possibly get, home buyers are looking for Coral Gables luxury homes in high-rise buildings that place them near the center of all the action. South Florida isn’t the only market experiencing this shift. Read more about it at the Berkshire Hathaway HomeServices Florida Realty website.
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By JM Padron, CCIM, CCP, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
What are the Tax Benefits When Investing in Real Estate?Following the benefits:1. Amortization of Loan Fees/Costs. The mortgage cost and fees can be amortized over the tendency period and will be deducted from the yearly cash flow.2. Morgage Interest. The annual interest paid will be deducted from the yearly cash flow.3. Leasing Commission. The leasing commissions paid yearly are also deductions from the Healy income.4. Depreciation. Depreciation is one of the best incentives to invest in Real Estate since you don’t have to spend any money to receive this tax benefit, All commercial properties are depreciated in 39 days with the exception of Multifamily which are depreciated in 27 years. It is important to note that this depreciation is subtracted it from the yearly net income cash flow...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Joining in to compete with Coral Gables luxury homes for upscale residential buyers are a few new developments in the small town of Surfside.  With a population numbering just over 5,700, Surfside is an area that has remained relatively under the radar for a while. Most recently big name developers with award-winning architects and architectural firms have taken a stake in this Atlantic beach real estate market.Although Surfside offers potential home buyers a lot, so does homes for sale in Coral Gables. Real estate located on the south side of Miami is still in high demand. Find out more about these luxury residential developments at the Berkshire Hathaway HomeServices Florida Realty website.*Photo credit: Felix Mizioznikov / Shutterstock.com
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
A recent report published in Nature Climate Change predicts millions of U.S. residents living in coastal communities and residences, like Coral Gables luxury homes, are at risk from rising sea levels. We’ve heard this before, but this report emphasizes the number of people who will inevitably have to determine how to handle the loss of land and rise of water quite possibly within our children’s generation.An interesting solution has come in the form of floating and amphibious homes. These types of structures are built to ride along with the rise and fall of water levels. Could this be the future of Coral Gables real estate? Read more at the Berkshire Hathaway HomeServices Florida Realty website. 
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Steering home buyers toward model homes can be good and bad. When it comes to Coral Gables luxury homes, it may be the right way to go if the typical listing prices are hitting just out of range for your clients. However, as we all know, there are some drawbacks to model homes.For one thing, they are not always easy to find. If there is not any new construction happening in the area where your clients are hoping to relocate to, the idea can be nearly impossible. Plus, model homes are often quick sellers. You may not ever even see them hit the market before the title exchanges hands.If you or your home buyers are thinking about model homes as a viable option, read through a few reminders of what is good and bad about owning a model home at the Berkshire Hathaway HomeServices Florida Real...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Successful real estate professionals are always networking. That is one of the keys to their success. Real estate is a relationship driven business whether a realtor is working in the high-end market of Coral Gables luxury homes or the more affordable homes for sale in Miami-Dade County. The numbers prove this.The National Association of REALTORS® proves that most home buyers and listing home sellers are generated through relationships built with the realtor. Other marketing methods don’t fare as well, which is a very telling sign. Learn more by the visiting Berkshire Hathaway HomeServices Florida Realty News page.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Ever had a client that just couldn’t see why their home wasn’t selling, although you tried over and over again to point out the obvious stumbling block? Whether it is the asking prices, the color of their walls or that strange smell, it can be hard for a real estate professional to break some unpleasant news to their clients without offending. There are some techniques that many experienced sales professionals have used throughout the years quite successfully to move Coral Gables luxury homes off the real estate rolls and into the hands of another. See if the ones listed on the Berkshire Hathaway HomeServices Florida Realty site are ones you’ve used. Share any thoughts you might have on making uncomfortable topics easier to broach and what type of persuasive techniques have worked for y...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Home selling and buying can be comical at times. All realtors know that when you are working with owners in listing Coral Gables luxury homes, they may not see what you see. And, you know that any potential buyers you walk through will definitely notice it. Whether it is the loud sound of traffic or that strange smell that lingers in certain areas of the house, it is important that these items get corrected if you want the home to sell and sell within a reasonable amount of time.Get a few tips from Berkshire Hathaway HomeServices Florida Realty on what could hinder the sale of your home, and some easy remedies to fix them.
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
This magnificant Hotel built as the centerpiece in the City Beautiful (Coral Gables) sits just as regal as she did 9 decades ago. Lot's of legend and lore in the history as well, Al Capone and his mobster buddies loved hanging out here and appearently there is a ghost that likes hanging around in the tower suites.Also home to the largest hotel pool in the country at the time and it still may be. Johnny Weismueller & Esther Williams performed in it.                                                                               LOBBY Now this is a banquet hall!
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
In a seller’s market, moving homes off the real estate rolls is easier in some areas, but it always pays to market properties the best way you can. Including details on a property to answer those questions that home buyers want to know is a great screening tool, and wording it so that it is still appealing to those potential leads that may be on the fence about a particular feature requirement.One key to captivating buyers is photographing the property, and photographing it well. Even in a market like Coral Gables luxury homes, which practically sell themselves, realtors and home buyers should invest in a professional photographer. Find out how much more a home can potentially sell for if pictures of the property are handled by a professional at the Berkshire Hathaway HomeServices Flori...
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