March 24, 2013

Do NOT Wait to Upsize – Here’s Why

If you are considering selling a house to purchase a larger, more expensive home, waiting a year or two will likely mean a higher sales price as well as a higher purchase price.   So why move up now, you ask? The Numbers Don’t Lie… If you look at the dollars and cents, a $200,000 home […]
March 15, 2013

Average Price a of Home in The Village of Pinecrest

Pinecrest Real Estate is More Expensive… I was just looking at the numbers for home sales from January to March 15th of this year and am astounded at how much the average price of a home has jumped in 2013.  The average sale price has increased from $746,636.00 to $1,229,740.00, a whopping $484,104.00 difference.   There have been 25 homes that […]
March 11, 2013

The Only Way to Buy a Condo in Pinecrest

WITH CASH.  Condos under $250,000 are being bought by local and foreign investors for cash.   No cash – no deal.  If you add a finance contingency, you can just about forget it.  Sellers are receiving multiple offers and can pick and choose from the highest and best offer – for cash. In fact, sellers are receiving […]
March 11, 2013

Gables Estates Update – On the Waterfront

Gables Estates, the privately gated waterfront community east of Old Cutler Road, between 80th St and 92nd St. currently has 12 homes for sale.  Most of these residential estates have been on the market for only two to three months, suggesting that luxury waterfront property is selling in Miami.  Properties for sale in this exclusive community range between a ten bedroom, […]
March 9, 2013

Divorce and Home Sales Can be a Legal Mess

I recently represented the buyer in the purchase of a condo.  After a lengthy contract negotiation, with both sides in full agreement, the seller added a stipulation to the contract that the sale was contingent on her divorce.  The listing agent suggested that this was a minor change to the contract, but I knew immediately that it was a significant problem.  After reviewing the […]
March 4, 2013

Gables by the Sea Update

Gables by the Sea, a lovely Coral Gables community on the water, has fifteen homes for sale as of March, 2013.  The most expensive listing is a 6 bedroom, 5 bathroom contemporary beauty that has 7,765 SF with fabulous views of Biscayne Bay, offered at a list price of $8,999,000.00 (a whopping $1,159/SF).  The lowest […]
March 3, 2013

Reduced Price Listings in Pinecrest

There are currently 117 homes  for sale in Pinecrest.  Half of these home have been on the market for over three months.  Fifteen houses have been listed for over six months and ten have been for sale for over a year.  Most of the houses that have been on the market for over three months […]
March 2, 2013

Want to Sell Fast? – Price it Right

Pricing a house correctly when it is first listed is incredibly important. A property that has been reduced in price creates concerns and questions to the buyer.  The buyer always wants to know why that property has been on the market for so long and what is wrong with it? As a general rule, it […]
February 25, 2013

********* Palmetto Bay 2012 Year in Review *********

  Residential home sales in Palmetto Bay in 2012 were strong with 290 closed  sales  for a total volume of $118,073,513. The most expensive house sold for $1,00,000.00 at $285 per square foot while the least expensive home sold for $70,000.00 at $94 per square foot.  The average house in Palmetto Bay was a 4 bedroom, 2.5 […]