Coral Gables Mansion

$11,900,000

Miami Beach Palatial Estate

$17,900,000

Luxury Condo in Tallest Building South of N.Y.

Luxury apartment in the fabulous Millenium, located on Brickell Ave in Miami in the ultra-luxurious Four Seasons Hotel soon to be announced as on the market for sale at the wonderful price of $1,775,000. Look for it on the Miami real estate site this month.

Alex Shay

November Newsbytes

Nov 19, 2006 - Miami Beach FL real estate - 129 closings this year of Miami Beach FL homes for $1,000,000 and up
Nov 17, 2006 - 197 Miami Beach FL homes (waterfront properties) for sale in zip codes 33139 to 33154
Nov 14, 2006 - Florida real estate - Miami MLS shows 136 Miami homes for sale, priced at $5,000,000 and higher, in Coral Gables, Miami Beach, Miami, Bal Harbour, Indian Creek, and surrounding communities.
Nov 4, 2006 - 541 Miami Beach condos priced at $1,000,000 and higher are presently listed for sale.

Miami FL Real Estate Officially a Buyer’s Market

It’s officially a buyer’s market in Miami. Miami FL real estate market conditions have been less than favorable lately if you are a seller in Miami. According to data supplied by the Coral Gables, Homestead-South Dade, Kendall-Perrine, and Northwestern Association of Realtors or their MLS, in June of 2005, there were 3,261 single-family homes on the market in Dade County (which includes Miami, Miami Beach, and a number of surrounding smaller cities), with 1,196 sales. In January of 2006, there were 6,364 single-family homes on the market, with only 687 sales. In August of this year, there were 10,579 single-family homes for sale in Dade County, but there were only 705 sales. September of 2006 saw 11,103 single-family homes in Dade County, for sale; with only 758 homes sold.

The condo market in Dade County has been similar. In June of 2005, there were 5,550 condos for sale in Dade, and there were 1,564 sales. However, moving into January of 2006 there were 11,800 condos listed on the market for sale, but only 915 sales. In August of this year, there were 18,133 condos in Dade for sale, with the number of sales falling to a 15 month low of 823 condos sold. September of 2006 fell lower with a total of 18,974 condos for sale in Dade County, and 805 sales.

This is all good news if you are looking to buy real estate, because there is so much to choose from, and the savvy buyer can make a wonderful deal in this real estate climate.. Thousands of luxury homes and condos available for sale in the real estate marketplace can be viewed on the Miami real estate website.

Miami Beach Real Estate a Buyer's Market, Declares Alex Shay

Miami, FL (PRWEB) October 16, 2006 -- It’s officially a buyer’s market in Miami Beach and surrounding South Florida communities, according to Alex Shay, a prominent Miami Beach real estate broker, whose award winning website, www.alexshay.com , features some of the most beautiful residential real estate in all of the world. “The market was bound to change,” said Alex Shay. “Real estate prices couldn’t continue to climb at the rapid rate of the boom days of a couple of years ago, and this is how it should be. The luxury home market is just beginning to once again become balanced, and soon the buyers will be out again in droves, because Miami real estate is still undervalued, relative to real estate in other parts of the country,” said Shay. Nonetheless, real estate market conditions have been less than favorable lately if you are a seller in Miami. For example, according to data supplied by the Coral Gables, Homestead-South Dade, Kendall-Perrine, and Northwestern Association of Realtors or their MLS, in June of 2005, there were 3,261 single-family homes on the market in Dade County(which includes Miami, Miami Beach, and a number of surrounding smaller cities), with 1,196 sales. In January of 2006, there were 6,364 single-family homes on the market, with only 687 sales. In August of this year, there were 10,579 single-family homes for sale in Dade County, but there were only 705 sales.The condo market in Dade County has been similar. In June of 2005, there were 5,550 condos for sale in Dade, and there were 1,564 sales. However, moving into January of 2006 there were 11,800 condos listed on the market for sale, but only 915 sales. In August of this year, there were 18,133 condos in Dade for sale, with the number of sales falling to a 15 month low of 823 condos sold.Shay believes that buying real estate in Miami is a wonderful opportunity for those who love the “magic city”, and for those who have an interest in investing their money in some of the best real estate that dollars, euros, pounds, or any other currency, can buy. “I came to Miami many years ago,” said Shay, “and it always feels like you are on vacation around here. It’s a wonderful place to live and work.” Some of the most beautiful homes in all of Florida, if not in all of the world, are featured on Miami FL Real Estate , and Shay welcomes all of those who have an interest in Miami luxury real estate to visit his website.“I want people to buy real estate in Miami Beach, because Miami luxury real estate is always going to be a good investment. The doldrums of the real estate markets of the 70’s and 80’s are long gone, and in 2006 and 2007, those who invest in Miami real estate are going to be very glad they did,” said Shay, “and a buyer can make a great deal right now.” Miami is an international city, and the most unique city in America, with it’s warm ocean breezes, and sunny, bright days. The weather and the wonderful beaches are among the predominant reasons that people from all over the world come to Miami Beach. It’s beautiful all year round. It is the third most visited city in the United States, behind New York and Los Angeles.Alex Shay is an experienced real estate broker, who specializes in luxury real estate in Miami, and Miami Beach, as well as Coral Gables, Key Biscayne, Aventura, Bal Harbour, Indian Creek, and all of the surrounding South Florida community. He has been licensed to practice real estate in the State of Florida for over 20 years, and he brings his expertise and negotiating skills to his clients, whether they are his neighbors, or clients from as far away as Taiwan. “We are in a buyer’s market now”, he said, “and it’s a great time to invest in Miami real estate.” Literally thousands of homes can be viewed on his user friendly website (Miami Real Estate).

Recent Real Estate Newsbytes

Oct 1, 2006 - In August 2006, with regards to homes priced at $750,000 and higher, there were 2450 real estate homes for sale in Miami FL, and 92 luxury homes sold.

Sep 21, 2006 - In the month of August, there were 10,579 real estate homes for sale in Miami Dade County, and 705 homes sold.

Miami Real Estate - The Summer of 2006

How has the luxury real estate market fared this summer with regards to residential Miami real estate? People who own homes and want to sell, know very well what has happened this summer, because they can feel it. As far as luxury homes in Miami go, things have come to all but a standstill. Prices haven’t really come down much, and therefore we are seeing a whole lot of real estate for sale, but relatively few buyers. In real estate everything takes time, so prices will come down a little more, and homes will begin to sell. That having been said, it is safe to say that we are in a buyer’s market right now. Statistics aren’t everything, but they do sometimes tell a story, and in Dade County Florida, which includes Miami, Miami Beach, and a number of surrounding cities and communities, there is definitely a story to be told. For example, according to data supplied by the Coral Gables, Homestead-South Dade, Kendall-Perrine, and Northwestern Association of Realtors or their MLS, in the month of August 2006, that’s just last month, there were 28,712 homes and condos on the market for sale in Dade County, but there were only 1,528 sales. The stats go on and on, but suffice it to say that the Miami real estate market needs a boost, and that is going to take some time. The good news is that Miami is a very special place, an international community, where people from so many parts of the world feel right at home, so real estate is still undervalued. Owning real estate in Miami is always a good idea.

Miami Real Estate

I'm going to Miami! People all over the world love to say that. Miami Beach is one of the most beautiful cities in the world, and Miami real estate is some of the most desirable luxury real estate in the world. South Beach has come to be known as the American Riviera, and celebrities from all over the world can be seen in the beautiful clubs and restaurants that line Miami Beach’s Ocean Drive. Miami Beach consists of a number of Islands, including the four Sunset Islands, and the Venetian Islands, as well as beautifully landscaped La Gorce Island, and Star Island with it’s mansions that say luxury, and huge wide bay properties. A small island, which is it’s own little city, is Indian Creek Village, with its luxury mansions and some of the largest wide bay homes in all of Miami and it’s surrounding areas. The front of every home in Indian Creek faces the golf course, and in the back, is the wide bay, with amazing vistas, making this some of the most desirable Miami Beach real estate in all of South Florida. Miami Florida real estate is hot. Perhaps Gables Estates in Coral Gables is more to your liking, with its luxury wide bay homes, in a neighborhood removed from the busy city life. Luxury Miami real estate is the dream of so many, from Paris, to Frankfurt, to Toronto and New York. Miami Florida real estate continues to be some of the best real estate that money can buy.

Luxury Miami Florida Real Estate - A Great Investment Opportunity

Miami real estate is a great investment. Like they say, there is only so much Miami Beach luxury real estate available. Why Miami Florida real estate? In Miami, you have the beautiful ocean with it’s cool breezes, and lovely beaches. The sun is always shining, and the days are bright. When you become the proud owner of luxury Miami real estate, whether you live in Miami part of the year, or whether you live and work here all year round, you can always feel like you are on vacation in Miami. Since 1986, real estate prices in Miami Florida have continued to climb, and Miami Beach real estate held its value even during times of economic recession. Miami is the one place in the United States, where the weather is warm all year round, and owning Miami real estate has become more desirable now than ever before, because Miami has truly become an international city, with people from all over the world buying Miami Beach real estate. Miami Beach is centrally located, so whether you fly to Tokyo or Sydney, you are never more than just a few minutes away from Miami International Airport. Miami’s international flavor and central location make Miami Florida real estate a sound investment opportunity for the savvy buyer. In this present real estate marketplace, closings of multimillion dollar luxury waterfront homes continue to happen, in Miami Beach, Florida. There has recently been an increase in the number of luxury Miami Florida homes for sale, and this could be an excellent time for those buyers who want the best in Miami Florida real estate and Miami Beach real estate, to purchase a luxury waterfront home.

Press Release - The State of Miami Real Estate presented by Miami Real Estate Specialist Alex Shay

Miami, FL (PRWEB) July 29, 2006 -- What is the state of Miami Real Estate? Is it good? Is it bad? Should I buy? Should I sell? These are the questions that people interested in real estate are asking. According to Miami real estate specialist Alex Shay, who has a full featured real estate website, www.alexshay.com the state of Miami real estate is just fine. “The market has definitely slowed this year”, he said, “but really, there is nothing to worry about.” Although luxury homes are not selling as quickly as they did a couple of years ago, it’s not because people who buy luxury real estate are strapped for funds. They are just playing a waiting game. Those who are looking to buy luxury homes are waiting to see if prices will come down. According to Shay, prices may come down in Miami Beach, but they won’t come down very much. The demand will be there for luxury waterfront property, because Miami is an international city. This topic is discussed in articles found on www.alexshay.com.Homes and condominiums that are priced below a million dollars are selling well, and that is a good sign, because it demonstrates the continued demand for property in Miami. “It’s only going to get better” states Alex Shay, “and anyone who owns a home in Miami is going to be very glad they do.” The gorgeous homes featured on his site www.alexshay.com , are all going to sell, says Shay, and although the asking prices of many of those homes will come down a bit, sellers are still well ahead of the game, because just a few years ago, they would never have believed that their homes would be worth what they are valued at in today’s market. “Many prospective buyers of luxury homes in Miami and Miami Beach visit my site (www.alexshay.com), and then call me. They want to know about Miami real estate, and they ask me lots of questions”, says Shay. He tells them that if there is a deal to be made, make it now, because there are enough homes on the market for a buyer to make a very sound deal, and the state of Miami real estate is just fine. “If you love Miami, and want to make your home here, it’s a wonderful time to buy” he says, “and if you do buy, you are going to be very glad you did.” Homes have continued to climb in value in Miami for the past 20 years that he has been in the real state business, and he sees the continued demand for Miami real estate.

The July Real Estate Report

It's the middle of the summer here in Miami Beach, Florida, and all is well, except for real estate, that is. The market is slow. It's not that people don't have money, because they definitely do. So what's the problem? People are waiting. They want to see who is going to buy a property. No one wants to be first, because being first presents a greater risk, one that people buying luxury property these days, are unwilling to take. Properties are selling, so the market is definitely not dead this midsummer's day, but things could be better. The market has stabilized, and everyone should be happy, because sellers are still way ahead of where they could have possibly imagined, just a few years ago, and buyers can make really good deals now, because the marketplace is flooded with listings. Who is going to give? That is the question, and from this writer's point of view, it is definitely not going to be the prospective buyer. Therefore, prices are going to have to come down a little more, but no worries, because what seller could have ever imagined that at this point in time, their property would have been worth what is is valued at in today's market? For detailed market information and property listings visit www.alexshay.com

Inman News Interviews Miami Real Estate Specialist Alex Shay

Miami real estate specialist, Alex Shay, was recently interviewed by journalist Glenn Roberts Jr. of Inman News. The following is an excerpt of his article.

Alex Shay, broker associate for Beachfront Realty in Miami Beach, Fla., said that despite increasing prices for Florida real estate, property is inexpensive to foreign buyers. The Florida Association of Realtors reported that median sales price in Florida increased 17 percent in March to $248,200, and have more than doubled since March 2001, when the statewide median sales price was $121,600.

"When (Europeans) come here everything is quite inexpensive," Shay said. The Miami area is truly international, he said. "It's got a very international flavor. People come here and they don't feel out of place."
The beaches and weather are definitely a draw, too, he said.

The increasingly international character of the area owes a lot to a growing trend in international travel, he said. Foreign buyers of Florida real estate typically have a pretty good grasp of the English language, Shay said. "When you get into the luxury market like I'm in, there is not much explaining you have to do. You are dealing with people who are wealthy, who have been out there in the marketplace for a long time. This is not their first property."

Among his recent clients: "I've had a gastroenterologist from Spain, a dental surgeon from Taiwan. I've had a Russian client, I've had Latin clients, Israeli clients," he said. "I can get a call from almost anyone in any country and it doesn't surprise me." While prices continue to escalate in Florida, sales have been sliding. In March, sales were down 22 percent compared to March 2005, the Florida Association of Realtors reported.

Foreign buyers, just like domestic buyers, are concerned about the sustainability of price increases in Florida, he said. "Foreign buyers are just like everybody else - everybody is talking about a real estate bubble." This article can be read in full at http://www.alexshay.com/

AlexShay.com Receives Top Real Estate Award for Outstanding Website

(PRWEB) June 1, 2006 -- AlexShay.com recently received the Real Estate Library’s Pure Gold Award, for an outstanding real estate website. Located at http://www.alexshay.com/ , this easy to navigate site is ideal for those searching for the most luxurious homes in Miami, Florida. The award is given only to those real estate websites that are entertaining, informative, and that have demonstrated that they have what people searching for real estate want to see.

Based on merit alone, the award was given to http://www.alexshay.com/ in May 2006, only a few months after the website was originally launched. The Real Estate Library communicated the following to AlexShay.com, upon presenting the award. “Congratulations. The final review of your site is complete. Your site has received PURE GOLD. The Award is absolutely free... This is how we have kept it a PURE award based upon site merit only...”

“I’m very proud of this award,” said Alex Shay. “I hope that many people will benefit from the information they find on my site. I have worked very hard to ensure that people will be able to easily navigate through my site, and find the real estate information they seek. If luxury homes in Miami is what is desired, they won’t need to go anywhere else.”

Alex Shay has been negotiating deals on luxury Miami real estate since 1986, and many of the most discriminating buyers in the world have come to him to seek the advice of an expert in luxury real estate. “I created this wonderful real estate website, because I saw a need,” said Shay. “People now use the internet when they look for property. They can look without any pressure from a real estate agent, and find a property they like, or a broker they might consider working with. It’s a great way of doing an initial real estate search. I want everyone who is interested in buying luxury real estate in Miami to visit http://www.alexshay.com/ , and see the opportunities that exist in this wonderful city.”

AlexShay.com is a complete real estate website, full of information and descriptions of luxury real estate. Up to date articles and news are also featured. Property records of almost any home in the United States can be found on this informative and attractive website. For those too busy to search through an entire website composed of hundreds of pages, clicking the “view luxury homes” link at the top of the top of any page, leads directly to photographs and “virtual tours” of some of the most gorgeous homes in all of America. “The site is only going to get better with time,” said Alex Shay, and http://www.alexshay.com/ , is an address to remember.

AlexShay.com receives The Real Estate Library Pure Gold Award

AlexShay.com receives The Real Estate Library Pure Gold Award for top real estate website...more to come soon at http://www.alexshay.com

Press Release - Miami Real Estate 1st Quarter Analysis

Alex Shay Presents First Quarter 2006 Miami Real Estate Analysis


Alex Shay, an experienced real estate broker associate in Miami, analyzes market conditions and a changing real estate climate in Miami Beach, where luxury waterfront properties have been in high demand for years.


Miami Beach, FL (PRWEB) April 25, 2006 -- What’s happening in Miami? It’s a question that is asked over and over again. Sellers want to know; and buyers want to know. We’re talking real estate, Miami Beach luxury real estate, to be exact. This is an analysis of the first quarter, which should give you a feel of the real estate climate and marketplace in Miami Beach during the first 3 months of 2006.

Do you want to know what’s happening? According to Alex Shay, the best way to describe it is, resistance. It’s a word that Realtors don’t like to hear, but that’s what has been happening. Sellers are keeping their asking prices up, and buyers are resisting. Sellers feel that the number of luxury homes in Miami Beach is very limited, and that the demand is high, and buyers are refusing to pay the prices being asked. “We are experiencing a bit of a standstill in the Miami real estate marketplace”, says Alex Shay, and the result is that there far more luxury waterfront properties on the market now, than there were during the first quarter of just one year ago. For example, in discussing Miami Beach real estate, including Indian Creek Village, and Bal Harbour, changes are taking place. Last year, during the first quarter, there were 29 closings of listed luxury waterfront properties, as compared to 24 closings during the first 3 months of 2006. However, last year during the same time period, there were less than 90 listed luxury waterfront homes as compared to almost 200 luxury homes that are presently listed on the market for sale. That in itself should tell you that the Miami real estate marketplace has shifted, at least temporarily.

People want to know will happen in the future, but a crystal ball has not been found. Alex Shay does have opinions, however, as well as a great deal of experience in the luxury real estate market, and although he doesn't pretend to be able to predict the future, he says that the demand for luxury waterfront real estate on Miami Beach remains high. Miami is an international city, and the only place in the USA, where the weather remains warm all year round. That makes Miami a very desirable place to live and to own real estate, especially luxury real estate. People come to Miami from all parts of the globe, and some of those people see the investment opportunities that this wonderful city offers. They buy property. For that reason, the demand for real estate is high, and will probably remain high in the foreseeable future.
Owning Miami real estate is most likely going to mean that you will be “sitting pretty” at the end of the day. Prices have not gone down in many years, and because the amount of international travel has increased dramatically over the past 20 years, people will continue to purchase Miami Beach real estate. What does it all mean? In Alex Shay’s opinion, it means that although there is presently a temporary standstill, in so far as buyers resisting the high asking prices of sellers, things are still looking good. Closings of luxury Miami real estate are still happening, and will continue to happen. If a buyer is astute, and allows him or herself, to become well educated in the real estate marketplace, that buyer can make a good deal, and within a few years time, may thank his/her lucky stars for having the courage and willingness to take a chance.

A few years ago, buyers would sometimes complain about the high prices. That was when you could pick up a luxury waterfront property, for $500,000. Today that same property may be valued at more than 5 times what it was worth then. Therefore, if you can buy a luxury property on Miami Beach, and get a fair deal, do it. Don’t hesitate. “You wont be sorry”, says Alex Shay. He points out that he has yet to find anyone who said that they were sorry for purchasing Miami Beach property. Miami is not a city located somewhere in the USA where people merely buy and sell property because they are able to afford more, or because they are downsizing. It’s not a place where only people who live here, buy property. It’s a city where people from all over the world buy and sell, so, unless some unknown disaster strikes, almost anyone buying Miami Beach real estate, is going to be very glad they did.
One last thing that should be mentioned is that those who are interested in luxury real estate are not hesitating to purchase a home because of negative economic conditions. It appears as if the economy is fine at the moment. They are hesitating because they don’t know what to do. No one wants to make a bad deal, and no one knows what the future will bring. They approach Realtors in whose opinion they have some faith, and ask the age-old question; will prices go up or down? In the near future, they won’t go up much, or down much. What can be said is that prices of luxury waterfront property on Miami Beach, have stabilized. For more information go to http://www.alexshay.com

Reprinted from PRWeb April, 25, 2006

Miami Real Estate

I’m going to Miami! People all over the world love to say that. Miami Beach is one of the most beautiful cities in the world, and Miami real estate is some of the most desirable luxury real estate in the world. South Beach has come to be known as the American Riviera, and celebrities from all over the world can be seen in the beautiful clubs and restaurants that line Miami Beach’s Ocean Drive. Miami Beach is composed of a number of Islands, including the four Sunset Islands, and the Venetian Islands, as well as beautifully landscaped La Gorce Island, and Star Island with it’s mansions that say luxury, and huge wide bay properties. A small island, which is it’s own little city, is Indian Creek Village, with its luxury mansions and some of the largest wide bay homes in all of Miami and it’s surrounding areas. The front of every home in Indian Creek faces the golf course, and the wide bay, with amazing vistas from the back, makes this some of the most desirable luxury real estate in and around Miami Beach. Perhaps Gables Estates in Coral Gables is more to your liking, with its luxury wide bay homes, in a neighborhood removed from the busy city life. Luxury Real Estate in Miami is the dream of so many, from Paris, to Frankfurt, to Toronto and New York. Miami Real Estate is also a great investment. Like they say, there is only so much luxury real estate property on Miami Beach. Why Miami Real Estate? In Miami, you have the beautiful ocean with it’s cool breezes, and lovely beaches. The sun is always shining, and the days are bright. When you become the proud owner of Miami Beach real estate, whether you live in Miami part of the year, or whether you live and work here all year round, you can always feel like you are on vacation in Miami. Since 1986, real estate prices in Miami have continued to climb, and Miami Beach real estate held its value even during times of economic recession. Miami is the one place in the United States, where the weather is warm all year round, and owning Miami real estate has become more desirable now than ever before, because Miami has truly become an international city, with people from all over the world buying Miami Beach real estate. Miami Beach is centrally located, so whether you fly to Tokyo or Sydney, you are never more than just a few minutes away from Miami International Airport. Miami’s international flavor and central location make Miami Real estate a sound investment opportunity for the savvy buyer. The best way to find luxury real estate in Miami is to contact an experienced real estate broker. Many luxury waterfront homes can be found if you go to http://www.alexshay.com/