My Go to Realtor®

"When  life gives you lemons ,  make  lemonade" I think most people understand that you can make lemonade out of lemons by adding a little sugar and water. But most of us fail at finding  the water and sugar. Finding the sugar to turn the market sweet is extremely important.  We are bombarded every minute with statistics, figures and projections but most of them are global in nature, either national, state, county or very few on  municipalities . Its good to have an overview of the market but Real Estate is local in nature, down to your neighborhood and often to the block level. It does not matter is your selling or buying having the right information, accurate, timely information can make or break many transactions. It used to take many months and maybe a year or two for the market to change significantly, now changes are much faster leaving little time to react. Everyone hears phrases like, I should have bought then..,or I waited too long.... There man

Miami Single-Family Luxury Homes Sales Rise 16.2 Percent Miami single-family luxury home sales jumped 16.2 percent in 1Q 2018, rising from 185 transactions to 215. Miami existing condo luxury home sales increased 8.4 percent year over year from 190 to 206. POSSIBLE MARKET TRIGGER Federal tax reform, sets a deductions cap for income, sales and property taxes at $10,000. The new cap is leading more residents of states with high property values and state income tax to purchase properties in states such as Florida, which has no state income tax and a pro-business tax structure. INTEREST RATES According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 4.27 percent for 1Q 2017, up from the 4.17 percent average recorded during the same quarter a year earlier. MIAMI DADE  RESIDENTIAL SALES REPORT Total existing residential home sales Declined 6.5 %  from 6,169 to 5,770 in 1 Q 2018 Total sales volume of $2.6 billion in 1Q 2018, a decline from the $2.7