June 10, 2014

Inventory of Homes for Sale is on the Rise – Especially in Palmetto Bay

There are definitely more homes on the market this year over last.  Take a look at the graph to the right that compares single family homes for sale between Jan 1 and June 1 in 2013 and 2014. Palmetto Bay has seen the greatest increase in homes for sale, up by 44%.  This is a super hot area to […]
December 17, 2013

The Condo Construction Craze

Been downtown lately?  It’s a mass of construction cranes.  Condo towers are going up all over the place from Miami Beach to Hollywood. I’ve been tracking the 35 condo projects currently under construction in Miami-Dade County.  Three of them are now completed towers*. Most of these are available for pre-sale, meaning you can place a […]
August 20, 2013

Distressed Sales of Single Family Homes – Southeast Miami Dade Corridor – 2013

Distressed single family home sales as a percentage of total annual sales are down since the first quarter in homes along the Southeast Miami-Dade corridor.  Distressed sales include foreclosures and short sales. I analyzed distressed sales in six cities: Pinecrest, Palmetto Bay, Coconut Grove, Coral Gables, South Miami and Key Biscayne.  In the chart  to […]
August 12, 2013

Compare Your City – Average Price Per Square Foot of Homes for Sale

Check out how your neighborhood compares in average price per square foot for single family homes for sale.  I analyzed homes currently on the market in six cities: Coconut Grove, Coral Gables, Key Biscayne, Pinecrest, Palmetto Bay and South Miami. The numbers are quite interesting, especially if you are thinking of buying or selling a home. […]
July 3, 2013

4th of July Fireworks, Concerts, Picnics, Pool Parties

Here ya go pyromaniacs and ooh-ers and ahh-ers.  A run down on the 4th of July picnics, pool parties, bbq’s, concerts and fireworks. For a list of events click here  Channel 10 Run Down For a suave 4th of July celebration check out The Biltmore For eating and viewing (focus here is on viewing) The […]
June 18, 2013

Key Biscayne Luxury Condo Sales

Condos with a waterfront view are selling on Key Biscayne.  Twenty seven properties have closed in the last 105 days at or above $1 million and 24 of these were waterfront. The Grand Bay had the highest sale at $5,750,000 ($1,195/square foot) for a 5 bedroom 3.5 bath condo, with 4,810 square feet of living […]
April 23, 2013

Oceanfront Views – For Sale in Coral Gables, Coconut Grove, Key Biscayne and Palmetto Bay

You’d be surprised to know that true oceanfront single family homes for sale these days are rare.  Hundreds of properties have ocean access and are located off canals of Biscayne Bay, but there are only 17 properties in all of Coral Gables, Coconut Grove,  Key Biscayne and Palmetto Bay with true ocean or wide bay views – the kind you’d want to pay $10 million for. You […]
April 13, 2013

Distressed Sales Single Family Homes – Southeast Miami-Dade County – First Quarter

I read an article today in Florida Realtors who reported that the greater Miami area posted the highest foreclosure activity of any large city in the U.S. for the first quarter, with one in every 79 residences receiving some type of foreclosure filing.  This prompted me to analyze the distressed sale activity of single family homes in the South […]