June 10, 2013

Problems with Buying and Selling Smart Homes…Get the CODE!

I’m not talking The Davinci Code here folks.  However, if you don’t have it, you’re dead in the water.  This is probably the most important piece of advice I can give the buyer who is making an offer on a luxury property with sophisticated home automation. You must have the Source Code or you can’t […]
June 2, 2013

Ultra Luxury Smart Home Technology

This is how it works!  You’re having a party and want to set the mood.  With one touch,  the lights turn on to a preset softness and color, the thermostat reduces the temperature, the fountains flow, the motorized shades retract, the music begins, the front gates open and the fireplace ignites.  Bing-bang-boom. Home automation is […]
May 26, 2013

Pinecrest Real Estate Market Update

To show you the trends in the Village of Pinecrest real estate market these days, I’ve created the chart below that shows the number of new listings that came out on the market each month in 2013 combined with how many of those new listings have either pended or sold. As you can see, we […]
May 25, 2013

Luxury Sales in Pinecrest, Coral Gables and Coconut Grove

The luxury residential market is healthy with 38 homes selling at $2 million and up.  Since January,  11 homes in  Pinecrest, 10 homes in Coral Gables and 17 homes in Coconut Grove have closed, 21 of which are waterfront. *Some Nice Features* Most of these high-end homes have what you would expect: gourmet kitchens, luxurious […]
May 13, 2013

Five Year Comparison of Average Price Per Square Foot in Pinecrest

In looking at the “average list price per square foot” and the “average sale price per square foot” in Pinecrest, there is good reason for optimism.  These numbers are indicative of buyers and sellers frame of mind. Between  2009 – 2011, prices per square foot declined.  You can see by the graph below that  prices […]
May 10, 2013

Action Galore in Gables by the Sea

Sales are heating up in the luxury waterfront community of Gables by the Sea.  Eighteen single family homes are on the market.  The most expensive home is a 5 bedroom, 5 bath contemporary offered at $8,199,000 .  This property, with phenomenal wide bay views, was recently subdivided allowing for a much better asking price.  The […]
April 27, 2013

Zen is Hot in Pinecrest

Several homes in Pinecrest have sold for more money this year (3 to be exact), but the home that sold for the “highest price per square foot”  is located in NE Pinecrest at 5952 S.W. 102nd St.   Homes in the NE quadrant of Pinecrest typically sell for the highest price and price per square foot and this property is […]
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 22, 2013

Smokers’ Homes Have Lower Value

And I’m Not Talking About Smoking Pork…  I read a timely article last week in Florida Realtors that supported what I recently told a seller about smoking and the value of his home.  A survey of Ontario real estate agents and brokers, sponsored by Pfizer Canada, found that smoking in the home could potentially lower the value […]