Maji's Market Minute December 1, 2022

Interesting Inventory Trend this week

Interesting trend…
I have seen an increase in inventory in the last couple of weeks, which is very atypical for this time of the year. Actually, my predictions were that we were going to see a substantial increase in the first quarter of next year.
If you’re a BUYER, this would be a good time to get serious about looking and presenting offers because there are more options, but for how long??
If you’re a SELLER, you need to get in the game. If the inventory goes up, the market could shift a bit.
BUT…BUYERS should not wait too long because you don’t want to be in those dreaded bidding wars again.
Interest rates did go down a little bit. Actually more than a little bit, and there have been some other changes in the mortgage game recently.
And remember.. always remember this…the real issue here is inventory.
INVENTORY is the “Majic” bullet.


Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Expert
• Miami native
For breaking news in the real estate market subscribe to: Maji’s Market Minute Blog:
Maji's Market Minute November 23, 2022

How to time the market

So this video is a few months old but it still holds true because land is a very limited commodity in South Florida. Interesting to see how little has changed.
Wanted to do a quick video before my workout.🏃
In today’s Maji’s Market minute, we’re going to talk about timing 🕛 the market or lack thereof. It’s really not possible to time the market. I’ve tried and it’s not possible.
Buyers are probably thinking the market is going to crash and prices are going to come down.📈 I don’t think that’s really going to happen, definitely not like what we saw in 2009. I think Miami was just on sale, (basically discounted pricing or bargain basement pricing) for so many years and we just took it for granted and the rest of the world finally woke up. Actually, the international market always knew, but I think that our domestic market, especially the Northeast and California discovered Miami during Covid as a place to live year-round, and that changed everything.
So what’s going to happen? These people are buying primary residences, not investment. The lending guidelines are very strict, so it’s not like they’re giving away money like what happened in the last crash in 2009. Prices are holding steady and may go up, supply and demand. It’s as simple as that.
So what’s going to happen to a buyer that thinks they’re going to wait in time to market? They’re probably going to miss out and that’s reality. I think that if you found the right property that fits your needs and you want to buy that property, buy it now. Even though interest rates have gone up. Btw interest rates are not that high historically speaking. They went up quickly, but we knew this was going to happen. It’s not a surprise.
So that’s my Maji’s Market Minute for today.
DON’T WAIT TO BUY.
If you find the right place, just buy it.

Like “Majic” I’ll get it closed.

Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Expert
• Miami native
For breaking news in the real estate market subscribe to: Maji’s Market Minute Blog:
Maji's Market Minute November 23, 2022

How to time the market

So this video is a few months old but it still holds true because land is a very limited commodity in South Florida. Interesting to see how little has changed.
Wanted to do a quick video before my workout.🏃
In today’s Maji’s Market minute, we’re going to talk about timing 🕛 the market or lack thereof. It’s really not possible to time the market. I’ve tried and it’s not possible.
Buyers are probably thinking the market is going to crash and prices are going to come down.📈 I don’t think that’s really going to happen, definitely not like what we saw in 2009. I think Miami was just on sale, (basically discounted pricing or bargain basement pricing) for so many years and we just took it for granted and the rest of the world finally woke up. Actually, the international market always knew, but I think that our domestic market, especially the Northeast and California discovered Miami during Covid as a place to live year-round, and that changed everything.
So what’s going to happen? These people are buying primary residences, not investment. The lending guidelines are very strict, so it’s not like they’re giving away money like what happened in the last crash in 2009. Prices are holding steady and may go up, supply and demand. It’s as simple as that.
So what’s going to happen to a buyer that thinks they’re going to wait in time to market? They’re probably going to miss out and that’s reality. I think that if you found the right property that fits your needs and you want to buy that property, buy it now. Even though interest rates have gone up. Btw interest rates are not that high historically speaking. They went up quickly, but we knew this was going to happen. It’s not a surprise.
So that’s my Maji’s Market Minute for today.
DON’T WAIT TO BUY.
If you find the right place, just buy it.
Like “Majic”, I’ll get it closed.
Maji Ramos,
Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Specialist
• Miami native
Maji's Market Minute November 22, 2022

This is Maji Pace Ramos coming to you in between raindrops in Miami

This is Maji Pace Ramos coming to you in between raindrops in Miami. We had a lot of rain in the last 24 hrs. Yesterday there was four inches of rain in some areas in Miami!
It’s a really good idea to look at properties in the rain and even if you can’t get inside of them, drive the neighborhoods and see which streets are flooding. For example, I wanted to show you a street that doesn’t flood.
Even though we had oodles of rain, this is the amount of flooding on this particular street. And when I tell you it’s been raining non stop for the entire day yesterday and it’s going to continue to rain most of this week, you definitely want to look for streets that flood.
You also want to look for elevation. Basically homes that are elevated. If I were to walk down the block, there are definitely areas that flood here and that’s what you want to look for.
Looking at homes in the rain is a very good idea and if you can get inside of the home during a rainstorm, that’s even better because then you can actually see if there are any active leaks.
I think you get the idea. I do have a couple of other photos of a street that I drove past yesterday in the same neighborhood that was so flooded I couldn’t even drive through the street.
I will be posting that next.

Like “Majic” I’ll get it closed.

Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Expert
• Miami native
For breaking news in the real estate market subscribe to: Maji’s Market Minute Blog:
Maji's Market Minute November 3, 2022

How is inflation affecting Landlords?

Inflation refuses to budge.
In September, consumer prices rose by 8.2%. Rent rose by 7.2%. It’s not in pace with what the landlords and owners are paying out, so they are actually at a loss.
This is at an all-time high in the last 40 years.
If you are struggling to keep up with payments and your rent is not covering your costs as a landlord, please reach out to me.

Like “Majic” I’ll get it closed.

Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Expert
• Miami native
For breaking news in the real estate market subscribe to: Maji’s Market Minute Blog:
Maji's Market Minute October 28, 2022

Equity is the shining star of this market

Did you know that equity is the shining star of this market?
This is really what makes this market different from other markets in the past.
The average equity in a home is $300,000.
If you want to buy another property, you can leverage your home and buy using your equity.

Like “Majic” I’ll get it closed.

Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Expert
• Miami native
For breaking news in the real estate market subscribe to: Maji’s Market Minute Blog:
Maji's Market Minute October 20, 2022

Real Estate & Inflation

The best hedge against inflation is to control your monthly costs.
Don’t RENT.
BUY.
For your “key🗝” to the “Majic” City,
Please contact me.
Maji Pace Ramos
305-519-7940 | maji@majisold.com

Like “Majic” I’ll get it closed.

Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Expert
• Miami native
For breaking news in the real estate market subscribe to: Maji’s Market Minute Blog:
Maji's Market Minute October 13, 2022

Colombianos se preparan para propuesta de impuesto permanentes

En esta edición de Maji’s Market Minute, quería discutir lo que está pasando en Colombia. Hay una propuesta de aumento permanente de impuestos para los ricos. (personas que ganan más de $643,000 US o 2.7 billion pesos.) También hay otros impuestos que se están proponiendo.
Para ver el articulo completo, visite: https://bit.ly/3CFIXNu
Si conoces a alguien de otro país que esté interesado en comprar propiedades en Miami por favor déjame saber..Es importante que trabajen con un agente inmobiliario que entiende las condiciones actuales del mercado en Miami y el proceso de compra y venta de propiedades en Miami para personas internacionales. Es un proceso diferente y requiere un grupo diferente de profesionales.Yo sé cómo trabajar con clientes internacionales, he trabajado con muchos, y tengo un grupo de profesionales espectacular!
Como “Majic” lo cerrare.
Maji Pace Ramos,
Maji Ramos Real Estate Advisor, P.A.
305-519-7940 | maji@majisold.com

• Agente Inmobiliario de Miami desde 1993

• Agente Inmobiliario de segunda generación
• Especialista en negociación
• Especialista en tendencias de mercado
• Nativo de Miami (Nacido y criado en Miami)
• Bilingüe (Inglés y Español)

Para obtener la información más reciente del mercado, sígueme o suscríbete a:
Maji’s Market Minute Blog https://lnkd.in/eVXdX5E9 
Facebook @ Maji’s Market Minute 
Instagram @Miami_Home_Trends 
YouTube @ Maji’s Market Minute 
TikTok @miami_home_trends 
Maji's Market Minute October 13, 2022

Colombians Brace for Permanent Wealth Tax Proposal!

In today’s Maji’s Market Minute, I wanted to discuss what is going on in Colombia.
A few months ago, they had an election and now there is a proposed permanent tax increase for the wealthy. And by wealthy, they’re talking about assets in excess of 670,000 US (that would be the conversion into US dollars). There are also other taxes that are being proposed basically to fund all their social programs.
For the full article please visit: https://bit.ly/3CFIXNu
If you know anyone from another country that is moving to or wants to invest in Miami, please have them contact me. It’s important that they work with a realtor that understands the international buying process. It’s a very complicated process and requires a different skill set and a different set of professionals. I do know how to work with international clients. I’ve worked with many, and I have a stellar international team in place.
Like “Majic” I’ll get it closed.

Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Expert
• Miami native
For breaking news in the real estate market subscribe to: Maji’s Market Minute Blog:
Maji's Market Minute October 7, 2022

Importance of Flood Insurance

In today’s Maji’s Market Minute, we’re going to discuss Flood Insurance and its importance after Hurricane Ian.
I think we can all agree that was catastrophic and unfortunately, many of those homeowners did not carry Flood Insurance.
Even if you’re not in a flood zone, you really need to carry Flood Insurance. This is of utmost importance. Otherwise, you’re going to have a major issue getting a claim through, especially during a hurricane.
I am going to be discussing other options for Flood Insurance and policies that you can get in addition to FEMA which would be very interesting for most homeowners.

Like “Majic” I’ll get it closed.
For the REAL Market Trends, subscribe to my blog, Maji’s Market Minute.
Maji Pace Ramos,
Maji Ramos Real Estate Advisor, P.A
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Specialist
• Miami native
305-519-7940 | maji@majisold.com
Maji's Market Minute September 28, 2022

Hurricane Ian

It will be a bumpy ride for some but got to say Florida knows how to deal w hurricanes and we have some of the strongest building codes in the country.
Few tips from a Miami native and hurricane Andrew survivor that may not have been mentioned on the news.
1. Charge all devices, portable chargers. Including that old tablet you never use.
2. Register on nextdoor. It’s so helpful in times of need.
3. If you are coastal park your car on a higher level or better yet a few blocks inland. This applies to all FL coast.
4. Do not park your car under a tree if you can avoid it.
5. Find a safe room in the house w no windows just in case. (closet, hallway)
6. Do NOT go out during the eye no matter what! It will look very surreal, very still, crystal blue skies but dead silent. (very very and incredibly dangerous)
7. Do not try to hold a window or door preventing it from blowing in. Just don’t go near windows during the storm.
8. If the house starts contracting and expanding meaning the ceiling bows in and out like it’s breathing this is an er. RUN to the safe room.
9. If you hear freight trains RUN to the safe room.
10. Do not BLOCK gates where transformers are it will only delay getting your grid back up.
11. Break into that expensive bottle of Tequila or Bourbon. 🥃
12. Have a hurricane and get to know your neighbors party. This is when you need to lean on each other.
13. Don’t panic. I know it’s scary but Florida knows hurricanes.
💪🏼🐊🍻🏝🍸🌴🙏🏻🌳🏡
Maji's Market Minute September 23, 2022

Just Listed for Rent in South Miami!

6871 SW 50 Terrace | Miami, FL
3 bdrm / 2 baths | LA 2,038 sq ft. | Lot 7,875 sq ft
Offered at $ 4,250 / Month | Partially furnished
• Quiet South Miami neighborhood
• Single story home
• Open floorplan
• Ktchn remodeled in 2017 ( light stone counters, dark wood cabinets & oversized breakfast counter with tons of storage)
• Luxury vinyl plank flooring throughout.
• Split bedroom design
• Private large primary bedroom suite with luxurious bathroom with separate spa tub & shower.
• Ample 2nd and 3rd bedrooms.
• Laundry/utility room under air.
• Relaxing vibe in the backyard retreat with wood deck / bbq area
• Plenty of grassy area.
• Additional storage shed
• Room for boat.
• Water/sewer included in rent.

For more information please contact me.
Maji Pace Ramos, Exclusive Listing Agent
Maji Ramos Real Estate Advisor, P.A
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Specialist
• Degree in Interior Design
• Extensive prior experience- Marketing Director
• Miami native
305-519-7940 | maji@majisold.com | miamihometrends.com
For the REAL Marketing Trends please subscribe to my blog Maji’s Market Minute. https://bit.ly/majismarketminute-blog
Maji's Market Minute September 20, 2022

Mega Brokers Open Event!

Welcome to my Mega Brokers Open Event!
Despite the pouring rain, we had an excellent turnout! Visitors included several buyers (including a 2nd showing), neighbors, IG influencers, Realtors and several of my trusted resources including
   •Tongelah Parkins with City Permit (Permit Expeditors)
   • Ivor Subtopic with Simply Plank (Wood flooring specialist)
   • Sheila Kuhl of Grove Gallery and Interiors
   • Kyle Haggerty of Ingage (Digital Marketing)
   • Matthew Levy with Results Management Group (Business Coach).
Pls contact me for more info on this lovely home or for more info on any of my preferred resources.
For the latest market trends please subscribe to Maji’s Market Minute Blog https://lnkd.in/eVXdX5E9

With gratitude,
Maji Pace Ramos,
Maji Ramos Real Estate Advisor, P.A
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Specialist
• Miami native
305-519-7940 | maji@majisold.com
Maji's Market Minute September 13, 2022

Mega Open House | 137 NE 92 St Miami Shores

Mega Open House Event!

Offered at $2,700,000.00

137 NE 92 St | Miami Shores

September 18, 1:00-4:00 PM

• Food + beverages
• Sparkling wine
• Network with my trusted vendors

(Check QR code for list of vendors)

Raffle Prize : Cutco knife!

Maji Pace Ramos,
Maji Ramos Real Estate Advisor, P.A

305-519-7940
maji@majisold.com
MiamiHomeTrends.com


Meet my trusted professionals this Sunday

I’m Maji Pace Ramos and I’m very excited about my upcoming “Mega Open House” this Sunday, 1:00 – 4:00 PM at my listing in Miami Shores. It’s a stunning Spanish Mediterranean home featuring 4 bdrm/ 4 ba + den | gorgeous pool, large lot, gorgeous l mature oak trees offered at $2,700,000.00.

This is a mega open (It’s a little different than a regular open house), catered (food, beverages, sparkling wine) with a raffle and a networking event with my trusted professionals and vendors including but not limited to a permit expediter, a public adjuster in case you have issues with insurance claims, a lender for all your interest rate questions, social media marketing company, an Interior Designer, a wood flooring specialist, and a home furnishings storefront. These are all my go-to people and they will be able to answer any of your questions.

Please visit my Open house. It’s going to be a wonderful event. Looking forward to seeing you all.
And we are going to be raffling a Cutco knife valued at $80.

Like “Majic”. I’ll get it close.
Maji Pace Ramos,
Maji Ramos Real Estate Advisor, P.A
305-519-7940 | maji@majisold.com
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Specialist
• Miami native

Maji's Market Minute September 8, 2022

Crazy statistic on the Miami Real Estate Market

Everybody seems to be talking about the Real Estate Market and what’s going on.
Is it slowing down?
Is it going to stop?
Is it going to depreciate?
There is definitely a slowdown going on in all of the entire country.
However, in Miami, not so much. Per realtor.com, Miami notched up. Miami notched to its highest year-over-year price jump in the entire country.-A 37% uptick over July of 2021.
July of 2021, that was the craziest market we’ve ever seen. So this is what I’m telling you. You have to be very careful when you’re talking about market trends. It’s very area specific. Even within Miami, it’s very specific.

Like “Majic” I’ll get it closed.
For the latest market info please subscribe to my YouTube Channel @Maji’s Market Minute
With gratitude,
Maji Pace Ramos,
Maji Ramos Real Estate Advisor, P.A
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Specialist
• Miami native
305-519-7940 | maji@majisold.com