December 26, 2014
I’ve been reviewing economic outlooks for the national housing industry to see what the experts are saying about bubble trouble for 2015. The “bubble” is an unsustainable rise in prices, often fueled by speculation and lending and characterized by easy credit, irrational exuberance and a rapid rise in prices. Real estate bubbles are measured by a few fundamentals […]
December 22, 2014
I’ve just taken an early look at the 2014 average and median sales of single family homes in the Village of Pinecrest and compared the numbers to last year. To date, 217 homes have sold this year, while at the same time last year, 230 homes closed. In the chart you will see that the number of bedrooms and bathrooms are […]
December 15, 2014
My 1909 pioneer home in South Miami just closed for $425,000. This was a very exciting sale for a number of reasons, the most important of which is that the buyer is keeping the original home and not tearing it down. The new owner, soon to be married, fell in love with this rustic abode on […]
November 17, 2014
There is certainly no shortage of new single family homes being built in Pinecrest these days. I drove around the Village from 102 Street to 118th Street, just east of Ludlam and found 8 homes under construction, some in the early stages and some almost completed. The architectural styles are a mix of Key West, Mediterranean and Modern. I definitely have my eye on the stunning contemporary […]
November 3, 2014
I just listed an amazing 3 bedroom, 3 bath, 1,562 square foot lakefront penthouse in North Miami. This spacious and cheerful apartment looks out over the lake and pool from the living room, kitchen and screened-in porch. It has split plan master bedrooms with walk-in closets, one of which has a screened-in porch. The building has a […]
October 24, 2014
I’ve just listed this historical gem in South Miami. The original 2 bedroom home was built in 1909 and lived in by the supervisor of the mango grove. In 1941, a warm and inviting living room with huge fireplace was added along with the bathroom and a new breezeway. The old porch became the new kitchen as it stands today. […]