March 26, 2013

No Sales in Snapper Creek Lakes for Six Months

Three months ago, I reported that sales in the Coral Gables community of Snapper Creek Lakes have stalled.   This is a very desirable gated community yet, it has been six months now since there has been a sale.  There are currently two properties under contract and eight homes for sale.  Also on the market since last October is an oak laden lot around three quarters of an acre listed […]
March 25, 2013

Price Distribution of Pinecrest Homes for Sale

    In Pinecrest, 91 homes over $1,000,000 are currently for sale.  Forty four homes are for sale between $500,000 and $1,000,000 and only four homes are under $500,000.  Most homes in this community are on large parcels of land, often 3/4 acre and up, adding significant value to these properties. Click here to see the complete market analysis […]
March 17, 2013

Cibo Wine Bar – Pasta Plenty on Miracle Mile

The newest Italian eatery on Miracle Mile in Coral Gables was jam packed Saturday night and super noisy but we were able to shout through the hustle bustle and enjoy the evening. We were served Italian bread with nothing of interest to dip or smear.  It took quite a few requests to receive the olive oil.  Our group […]
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

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 above […]
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 11, 2013

Miami City Ballet – The Masters

The Miami City Ballet (MCB) performed their Program III, The Masters, on Sunday at the Adrienne Arsht Center and it was wonderful.  With new Artistic Director Lourdes Lopez in charge this season, MCB has stayed true to form, continuing with outgoing Artistic Director Edward Villella’s vision in presenting three George Ballanchine ballets as the cornerstone of the program. […]
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 […]