Sellers Archives - Page 9 of 17 - Debra Wellins Real Estate: Pinecrest Coral Gables Coconut Grove

July 28, 2014

Breaking News: Zillow Agrees to Acquire Trulia

Trulia has entered into a definitive agreement to be acquired by Zillow. The agreement stipulates a 3.5 billion stock-for stock transaction approved by the Boards of Directors of both companies and is expected to close in 2015. Both companies will operate as separate and distinct brands. At closing, Trulia CEO Pete Flint will remain as CEO of […]

July 19, 2014

JUST SOLD MODERN COCONUT GROVE TOWNHOUSE

I just closed on this fabulous Coconut Grove townhouse at 3177 Florida Ave. This place is absolutely divine. Not only is it located on a quiet charming street, but it is walking distance to everything Coconut Grove. I represented the buyer of this modern townhouse, listed by Jessica Adams of the Riley Smith Group. This stunning place […]

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 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 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 […]

April 2, 2014

Eight Steps to Get the Best Price on Your Home

A home in good repair, with fresh pain and new carpets, will always show better and attract higher offers. If you are thinking of selling your home, follow these recommendations and you will have much greater success. Don’t Overprice – The worst case scenario is no showings or no offers. Buyers who are qualified to buy your home […]

April 1, 2014

Are Zillow Zestimates Accurate in Home Valuation?

When citing a home’s value, I personally have not had a problem with my sellers and buyers believing a Zillow “zestimate” over my Comparable Market Analysis (CMA). The value generated by a well researched and analyzed Professional CMA is persuasive and clear. Zillow is very upfront about their limitations. They generate a range for their estimate rather than a specific sales […]