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Extraordinary Homes in Miami and Miami Beach Blog

Friday, August 20, 2021   /   by Enrique Tejera

TRENDS August 2021 - Southeast Florida Real Estate Market Report including Miami Dade and Miami Beach

Read about the trends in the real estate market in Southeast Florida.  Trends by region and by city. The growth continues but at a smaller pace in some areas. The strong demand for single family homes continues and the demand for condos increases. 
The limited inventory creates heavy pressure on home prices.
Read the full report:
TRENDS August 2021 - Market Report by ONE Sotheby's International Realty
Questions? Call 786-375-1459 for a free consultation.

  market report, miami, miami beach, southeast florida

Wednesday, August 4, 2021   /   by Enrique Tejera

5 Factors That Reveal Where The Real Estate Market Is Really Headed

5 Factors That Reveal Where The Real Estate Market Is Really Headed
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country.
News website The Atlantic summarized the sizzling home market this way:
“Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record low. Percentage of homes selling above asking price: record high. Average time on market: record low.”¹
Meanwhile, homebuilders are contending with an increase in material costs and a shortage of labor. These issues come amid an ongoing shortage of housing. A study commissioned by the National Association of Realtors found the U.S. is coping with a defici; ...

Tuesday, August 3, 2021   /   by Enrique Tejera

Miami is the best city for walking according to moveBuddha

Miami is the best city for walking according to moveBuddha
Anyone who lives in South Beach or downtown Miami, New Kendall or many other areas knows that you can walk to most anything in a few minutes. Now it is official!
Read the article at moveBuddha:
Miami #1 15 Minute City
One more reason to move to Miami as it joins cities like Paris, Amsterdam or Copenhagen where everything you need, such as markets, schools, parks and hospitals, is within a 15 minute walk or bike ride.

Friday, July 23, 2021   /   by Enrique Tejera

What are the trends in the Miami Beach and the South East Florida Real Estate market in July 2021?

Read our comprehensive report for insights, data and graphs showing the latest TRENDS in the South East Florida Real Estate market.
Moving to Miami, Miami Beach or to the South East coast of Florida? This report will help you to locate the best areas and prices.
Click the link below to view (and download) the full report:
TRENDS July 2021 Report
Questions about the best places and options? Contact me at 786-375-1459

Friday, July 23, 2021   /   by Enrique Tejera

How to Bridge the Appraisal Gap in Today's Real Estate Market

How to Bridge the Appraisal Gap in Today’s Real Estate Market
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever.
That’s because some sellers are finding out the hard way that a strong offer can fizzle quickly when an appraisal comes in below the contract price. Traditionally, the sale of a home is contingent on a satisfactory valuation. But in a rapidly appreciating market, it can be difficult for appraisals to keep pace with rising prices.
Thus, many sellers in today’s market favor buyers who are willing to guarantee their full offer price—even if the property appraises for less. For the buyer, that could require a financial leap of faith th; ...
One Sotheby's International Realty
Enrique Tejera, P.A.
119 Washington Ave. Ste 102
Miami Beach, FL 33139

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