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 […]
May 6, 2013

Pinecrest Homes Under a Million

There are some good buys in Pinecrest right now, particularly if you don’t mind updating.  Out of 50 homes for sale under $1,000,000, eight are less than $600,000,  21 are between $600,000 and $799,000 and 28 are between $800,000 and $999,000 . Sixteen homes are reduced price listings and may be a good opportunity for buyers to negotiate a great deal. Single […]
April 30, 2013

Journey’s End is the Beginning for Some

Tucked away off Old Cutler Road in Coral Gables is the exclusive gated community of Journey’s End.   This neighborhood, with its towering oaks and palms, features 18 estates with tennis courts, 24-hour security and a marina with boat slips. Four residential homes are for sale in this lush Coral Gables community, once privately owned by industrialist Arthur […]
April 29, 2013

Pinecrest Under $500,000

Only six residential homes are for sale in The Village of Pinecrest for under $500,000 and all but one are clustered near Evelyn Greer Park between 81st – 83rd Ave. and 127th – 132nd St..  Four of these are regular sales of homes built between 1955 and 1963 offering 3 – 4 bedrooms and 2 – 3 baths with 1,553 – 2,056 square feet of living space .  Two […]
April 26, 2013

Investors Smothering Individual Home Buyers

Big investors are killing the market for individual home buyers whose dreams of building wealth through home ownership is dying.  My investors are thrilled.  But, my first-time home buyers can’t compete for the same properties with the hedge funds, Wall Street investors and cash cows chewing up the little bit of grass that’s available.  The ability of investors to make cash deals […]
April 26, 2013

Echo Brickell – New Boutique Luxury Condo

Echo Brickell is taking reservations now for its 172 luxury residential units, featuring a cutting edge robotic parking system, a 4,000 square feet state-of-the-art fitness center and spa and a full floor infinity pool suspended over 250′ in the air.  Each residence will be delivered furniture ready, complete with interior design inspired by Carlos Ott, and include Apple […]
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 […]