Monday, June 19, 2006

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

Friday, June 2, 2006 Receives Top Real Estate Award for Outstanding Website

(PRWEB) June 1, 2006 -- recently received the Real Estate Library’s Pure Gold Award, for an outstanding real estate website. Located at , 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 in May 2006, only a few months after the website was originally launched. The Real Estate Library communicated the following to, 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 , and see the opportunities that exist in this wonderful city.” 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 , is an address to remember.