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2018 Real Estate Market Predictions, Upcoming Events & Our New Location

Posted by admin on January 23, 2018
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2018 Real Estate Market Predictions

EWM Realty International President, Ron Shuffield, provided predictions for what 2018 will bring in the South Florida real estate market commenting on both single-family homes and condos.

Single-family:
“The overall market for single-family homes is more promising, with only 27 months of supply as of the end of November. We have more pent-up demand for luxury single-family homes in South Florida than we have ever had.”
Condos:
“At the end of November 2017, we have five years worth of condo inventory over $1 million in the market. The average price reduction is around 19 percent. Some are 35 percent off the initial asking price.” As we head into the new year South Florida remains in a buyer’s market. If the beautiful weather doesn’t pull you in perhaps the discount prices will!

                                                   Miami International Boat Show
The Miami International Boat Show will return to Miami Marine Stadium on Virginia Key February 15-19. You can see more than 1,300 boats on display, on land and in water along with the newest technology for your cruise. Great Performances catering will partner with well-known Miami area restaurants and food trucks to provide delicious fare for the occasion. New this year, VIP attendees will have all-inclusive access to the show with full complimentary food, drink, and entertainment, luxury VIP lounge, and an outdoor deck offering unparalleled views of Miami and the show.


Art Wynwood

Art Wynwood will debut its seventh edition during President’s Day Weekend, February 15-19 at the former Miami Herald site, which also is the new home of Art Miami and CONTEXT Art Miami. The fair has quickly become the premier winter destination contemporary and modern art fair

in South Florida. A special VIP Private Preview will open on Thursday, February 15, benefiting the new Institute of Contemporary Art, Miami (ICA, Miami).

 

 

 


 

Price Adjustment
Now offered at $799,000, down from $879,999Panoramic views of the azure Atlantic Ocean surround you from this 3-bedroom, 2 and a half bathroom condo situated in tranquil Highland Beach. Over 2,200 square feet of living space provide the ideal environment for entertaining family and friends.


We’ve Relocated!

It is with great excitement that we announce we have relocated to the EWM Miami Beach Office located at 419 W 41 Street, Miami Beach, FL 33140.
We are delighted to provide our clients with an outstanding and effortless home buying and selling experience from our wonderful, central location in Miami-Dade.

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