Real Estate Information Archives - Page 17 of 34 - Debra Wellins Real Estate: Pinecrest Coral Gables Coconut Grove

July 8, 2014

Pinecrest Townhouse Sales

Since January, only 4 townhouses have closed in Pinecrest, two at Swan Lake and two at Sutton Place. The prices ranged from $425,000 ($224/SqFt) for a 3 bedroom, 2.5 bath townhome at Sutton Place to $650,000 ($221/Sq Ft) for a 3 bedroom, 3 bath tonwhouse at Swan Lake. The townhouse market in The Village of Pinecrest is extremely small […]

June 27, 2014

A Shocker – Citizens Insurance Approves Rate Reduction

Citizens Property Insurance Corp. Board of Governors approved an overall average reduction of 2.9 percent statewide for personal residential policyholders. Single family homeowners will see an average drop of 3.2 percent and personal and commercial rates will decrease by 1 percent. These recommendations, however, still must be approved by the Florida Office of Insurance Regulation before they take […]

June 23, 2014

Townhome Just Listed in Gables Point

I just listed this 2 bedroom, 2-1/2 bath townhome in Gables Point II, the most well-maintained of the Gables Point townhomes. This unit backs up to a beautiful private garden area designed for meeting and greeting neighbors while walking the dog (or not). The kitchen was updated five years ago with gorgeous marble counter tops and under-counter lighting, a […]

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 […]

June 5, 2014

How Long to Sell Your Home in Pinecrest

Sellers frequently ask me how long I think it will take to sell their home in the Village of Pinecrest. Homes that are priced correctly usually sell within weeks in today’s seller’s market. Price is clearly the number one factor that determines speed of sale. That being said, the time it takes to sell a home depends […]

June 2, 2014

Pinecrest May See Decline in Sales Price Per Square Foot

This year, single family homes in the Village of Pinecrest have sold for an average of $300 per square foot. I’ve been looking at pending sales data for 2014 and it shows the average list price per square foot at $260. Since the average sale price to list price ratio is 95% for the year, meaning […]

May 28, 2014

Living Italian Style on the Green

Live elegantly and entertain in style in this Ramon Pacheco designed Italian Villa tucked away in a private enclave directly on the Biltmore Golf Course. This grand two-story Coral Gables home has a central courtyard that allows for a wonderful flow for parties and family living. It includes six bedrooms, six and a half baths, 5,392 square feet of living space and a formal dining […]

May 21, 2014

Unreal Custom Home Theaters

Interested in receiving first-run theatrical films in the privacy of your own home theater? Prima Cinema allows you to do just that with a cinematic experience unlike any other. With a $35,000 Prima system, you can watch first-run movies for about $500 each in the comfort of your own home, on the same day many films debut in theaters. Movies […]

May 20, 2014

Home Flipping is Down

The business of home flipping, a purchase and resale in less than six months, is down. According to RealtyTrac’s First Quarter U.S. Home Flipping Report, 3.7 percent of all U.S. single family home sales from January through March of 2014 were flips. This is a small drop from the previous quarter when 4.1 percent were […]