January 30, 2015

Same Sex Marriage- The Property Title Issue

Same sex marriage became legal in the State of Florida on January 6, 2015.  And up until now, gay and lesbian couples had no rights as a married couple, despite being legally wed in other states. There are, however, legal issues that remain unresolved concerning same sex marriage that can and will impact real property and ownership […]
January 28, 2015

Sold – Waterfront Condo in Bay Harbor

The condo market continues to be hot.  I represented the buyers in the sale of a two bedroom, two bath waterfront condo on Bay Harbor Island in Miami Beach . This condo sold for a sweet $285,000, a great price for an apartment with bay and city views from every room. The owners are thrilled with their purchase and […]
December 26, 2014

Is There a Housing Bubble About to Burst?

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

Pinecrest 2014 Single Family Homes Sales

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

South Miami Pioneer Home Closed

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 […]
September 29, 2014

The Best Real Estate Market Indicator – Number of Months Supply

The number of months supply of housing inventory is the most important metric in the real estate business and the key to understanding housing market value trends. The optimum number of months supply ranges between six and nine months.  Once the number of months supply falls below six months, the value of homes and condos increase. […]
August 30, 2014

Just Closed on Another Townhouse

Its been a great run for Wellins Dwellings this year.  I’ve had four closings in three months, all smooth as silk, happy buyers and sellers and personally, a most satisfied feeling. My clients and I work closely through the process of buying and selling their homes and we get to know each other quite well, becoming extended family, so […]
August 14, 2014

What is My Home Worth?

You think your home is worth HOW MUCH? Well let’s find out.  It could be more, but then again, it could be less. Even if you’re not thinking of selling right now, it’s good to know the value of your home or condo. Just click this link for a complementary home valuation. I am an estate specialist […]
August 11, 2014

Highest Sale – Lowest Sale in Pinecrest

Here’s the ying and yang of single family home sales in The Village of Pinecrest this year. Let’s start with the high end.  Located at 9030 SW 60th Ave, this 7 bedroom, 8 bath, 3 half bath home with 12,400 square feet of living area on over an acre sold in June for $6,199,000 or $444 […]