Luxury RE services Selling Miami Estates team provide

Hi Dear Customer and Friend, We are often asked 'how is the Luxury Real Estate Market'? Before providing relevant statistics that apply to any particular luxury market in South Florida we first make it a practice to point out that we are in a very 'Opportunistic Market'.! Depending upon personal needs and circumstances, unprecedented opportunities for buyers, sellers and investors are available in this luxury real estate South Florida market. There are other luxury real estate activities related to Premier customers like you, and we want to offer this service to you. The following is a list of services Selling Miami Estates team can assist you with this year; carefully review it and email us, how Selling Miami Estates team can best service your luxury real estate needs. 1. Staging 2. Curb Appeal 3. mortgage information 4. referral for an out of town realtor 5. how to receive luxury real estate information in different languages 6. previous month / year luxury market analysis for your neighborhood 7. active properties for sale in your luxury real estate market 8. Investment Properties available in your market area / REOs 9. New Constructions 10. ** How to have your home marketed at the Highest Level !!! It will be our honor to skillfully serve the luxury real estates needs of your friends and family as well. Please feel free to share this information to All those you deem appropriate. All the Best, Espie Franky Realtor. Luxury Member. BBA Founder Selling Miami Estates team Dir 305.283.5868 email: espiefranky@gmail.com twitter @espiefranky facebook page: sellingmiamiestates

new Luxury Condominium in Coral Gables launches...

Astor Companies’ Merrick Manor condominium launches sales in Coral Gables The Astor Companies’ Merrick Manor condominium has launched sales in Coral Gables, the project announced. Merrick Manor, the first new luxury condo in Coral Gables since the downturn, is a 10-story, 180 unit property. Construction of the $80 million property, which will be located at 301 Altara Avenue near the Village of Merrick Park, is slated to launch this summer, with completion projected for late 2014. “With Miami’s residential market bouncing back faster than many had predicted, now is the time to move forward with the first luxury condo to take shape in Coral Gables in more than five years,” said The Astor Companies’ Vice President Peter Torres. —Alexander Britell ** from The Real Deal. South Florida RE Magazine Thinking on Selling or Purchasing Luxury RE in So Florida? Allow us to work together with you & for you ! Espie Franky Luxury Realtor Selling Miami Estates team founder One Premier International Realty Dir 305 283 5868 twitter @espiefranky

Referral words from our dear customer Architect Ramon Pacheco

2013 Luxury real estate arena is HOT !!! Very Few Inventory !! Great Time to List your property (ies). We are Honored to have great References from Past Customers. Call us for a confidential strategic market analysis. All the Best, Esperanza Franky "espie" Realtor Member of The Institute for Luxury Home Marketing "Selling Miami Estates" team with One Premier International Realty Cell: 305.283.5868 Visit our Blog: www.sellingmiamiestates.com & Follow us via Twitter: @espiefranky Marketing Florida Real Estate at the Highest Level !

U.S. $1 million market ends year with a burst of activity According to the National Association of Realtors, sales of homes priced at $1 million or more jumped 51% in November, compared with a year earlier. As the fiscal cliff approached, many sellers concerned about the anticipated capital gains tax increase and the 3.8% surtax on investment income of high earners as part of the Affordable Care Act, rushed to close home sales before year end. It remains to be seen what impact this might have on 2013’s sales. The good news for demand is that interest rates remain low, foreign buy interest remains high, and last year’s fourth quarter sales activity has reduced luxury home inventory, which may bode well for prices. ** from The Institute For Luxury Home Marketing web site Thinking on Selling ? Call us for a confidential strategic market analysis All the Best, Esperanza Franky "espie" Realtor Member of The Institute for Luxury Home Marketing "Selling Miami Estates" team with One Premier International Realty Cell 305.283.5868 Follow us via Twitter @espiefranky Marketing Florida Real Estate at the Highest Level !

Update for Your Luxury Real Estate market:

Wondering what the new year will bring to the luxury housing market? We are guessing it will look a lot like last year. Five years ago the recession sent the U.S. housing market into a tailspin. Happily, 2012 appears to have been a turnaround year for the residential market; however, the recovery can still retreat into a false start due to financial and political issues -- including the uncertainty created by deficit issues, an expected increase in the capital gains tax, and the Dodd Frank Act (which sets new mortgage standards as of January). The luxury home segment has led the recovery, beginning in 2011 in many markets. One major driver of luxury market activity has been the increase in the number of wealthy U.S. households. The start of the recession saw the number of High Net Worth Individuals (HNWI) -- those with a million or more in investible assets, not including their personal residence -- drop dramatically. Consequently, the luxury home market cratered. However, this affluent group recovered their wealth quickly and many focused on residential real estate as a desirable asset. For some, a second or third home was both a lifestyle purchase and a portfolio play. Record low interest rates and the perception of bargain home prices were also purchase motivators for the affluent. As a result, the luxury market in many areas enjoyed increased activity in 2011 and in 2012. For instance, California is often considered a bell weather state and it was one of the hardest hit geographic areas in the downturn. According to DataQuick, in the second quarter of 2012, million dollar home sales in California were up 10.3% above the same quarter the previous year. This was the highest level of million dollar sales since the third quarter of 2007. One of the strongest luxury market recoveries occurred in Miami where, according to Knight Frank stats, the luxury home segment saw a jaw-dropping 35% price increase over a two year period ending in September, along with declining inventory levels. While U.S. luxury purchasers are active, a major driver of the luxury market is the wealthy international buyer. Foreign demand for U.S. homes has grown, as has the diversity of the foreign buyer prospects. The factors which influenced foreign luxury home demand in 2012, are still at the top of the list as influencers for 2013. •Wealth creation. As wealth rises, especially in emerging countries, the number of prospects shopping for prime residential properties grows. •The flight to safe haven. The U.S. is considered a stable, safe place to invest. For those who wish to move assets out of their home countries, the U.S. has special appeal. For some, physical safety for themselves and their families is also a consideration. •Currency fluxuation. Although home prices slipped when we went into recession, the home price decline is aggravated when some currency exchange rates are considered. In short, the bargain prices brought by the recession were discounted further for some foreign buyers. •The desire to own prime property and enjoy a desirable lifestyle. Lifestyle is a powerful motivator. Trophy homes in desirable areas have great appeal and supply is limited. Where foreign buyers come from depends upon the market. Brazilians, Venezuelans, and Argentinians continue to flock to Miami along with Germans and Italians. Australians and Brazilians are boosting the Aspen market. Russians, the British and French are joining Wall Streeters in the New York Hamptons. Watch for Chinese buyers at the very, very top of the U.S. luxury market, especially in New York. Eastern Europeans are also popping up as prospects in some U.S. markets. Across all price points, Canadians still rank as the number one foreign buyers, followed by the Chinese. All in all, without a fall off the U.S. debt cliff, a tidal wave from the Euro crisis, or an unpredictable black swan event, the luxury home market should continue to be healthy (and perhaps even grow) in 2013. If you are wondering just how big this market segment is, the $500,000 and above market represents 10% of sales and the $1 million and above market is about 1.6% of sales. ** extracts from The Institute For Luxury Home Marketing thinking on Listing/Selling ? give us a Call for a re market analysis. All the Best until I hear from you !! Esperanza Franky "espie" Realtor Member of The Institute for Luxury Home Marketing Certified Strategic Marketing Specialist "Selling Miami Estates" team with One Premier International Realty Cell: 305.283.5868 Follow us by twitter: @espiefranky Marketing Florida Real Estate at the Highest Level !

What happened to Luxury South Miami RE Dec 2012...

Luxury Real Estate in South Miami behaved as following during Dember 2012

Active Luxury Listings 13
Pending Sales 4 during the month of December
And 3 Closings took place

Market Analysis Report

Property Type: Single Family (RE1) Status: Closed Sale, Active-Available, Pending Sale Number of Properties: 20

#Beds #FBaths SF/FF List Price LP$/SqFt Sale Price SP$/SqFt SP$/LP$ Days on Market High 7 8 10,358 $3,300,000 $456 $520,000 $255 99.07 282 Low 3 2 1,591 $509,000 $124 $500,000 $158 83.47 7 Average 4.45 3.9 3,997.3 $1,087,565 $262 $506,667 $197 92.96 75.71 Median 4 3 3,165 $665,000 $243 $500,000 $177 96.34 26

Search Criteria
Status	CS , A , PS
County	DADE
City Name	SMIAMI
List Price	between 500,000 -
Sale Price	between 500,000 -
Closing Date	between 12/1/2012 - 12/31/2012

** from MLX Miami Association of RealtorsReport time: 1/7/2013 6:08 PM

Luxury market analysis for Dic 2012 City of Coral Gables

City of Coral Gables.

During the month of December 2012;  265 active Luxury Listings 
                                                                 92 properties were Pended for Sale
                                                                 34 Closings.

Price analysis report following: Statiscs analysis as following:

1M 3M 6M 1Y 2Y

Property Type: Single Family (RE1) Status: Active-Available, Closed Sale, Pending Sale Number of Properties: 323 Price Range Quantity Summary List Price Sale Price $149,999 or under 0 High $18,000,000 $12,400,000 $150,000 - $199,999 0 Low $500,000 $540,000 $200,000 - $249,999 0 Average $2,408,674 $1,633,697 $250,000 - $299,999 0 Median $1,295,000 $910,000 $300,000 - $349,999 0 $350,000 - $399,999 0 $400,000 - $449,999 0 $450,000 - $499,999 0 $500,000 - $549,999 14 $550,000 - $599,999 21 $600,000 - $699,999 32 $700,000 - $799,999 25 $800,000 - $899,999 21 $900,000 - $999,999 25 $1,000,000 or over 185 Total 323 Search Criteria Status A , CS , PS County DADE City Name CORALGBL List Price between 500,000 - Sale Price between 500,000 - Closing Date between 12/1/2012 - 12/31/2012 Report time: 1/7/2013 5:56 PM

Good news for 2013...Residential shadow inventory falls

January 02, 2013 12:00PM

Residential shadow inventory in the United States fell to 2.3 million units as of the end of October, according to a new report from real estate analytics firm CoreLogic. That number amounts to a supply of seven months, a 12.3 percent drop from the same period in 2011. The shadow inventory is calculated by looking at the number of properties that are seriously delinquent, in foreclosure or REO and but not listed on the MLS. “The size of the shadow inventory continues to shrink from peak levels in terms of numbers of units and the dollars they represent,” said Anand Nallathambi, president and CEO of CoreLogic. “We expect a gradual and progressive contraction in the shadow inventory in 2013 as investors continue to snap up foreclosed and REO properties and the broader recovery in housing market fundamentals takes hold.” —Alexander Britell

** from The Real Deal. So Florida Realty