April 7, 2015
First quarter sales in the Village of Pinecrest has seen a bit of a decline when compared to single family home sales from the same period in 2014. Forty five homes sold through March 31, 2015, only four less than last year. Luxury Market In the luxury market, with 22 sales over $1 million, the hot market continued to be between $1 […]
February 17, 2015
The Village of Pinecrest has very few undeveloped parcels of land remaining. Last year, 17 lots were purchased, 6 of which were undeveloped and 11 with tear-down houses that sold for land value only. Developers are chomping at the bit for beautiful parcels of land in prime locations in The Village. The chart below has all the data for 2014 Pinecrest […]
February 10, 2015
The numbers are in for 2014 single family home sales in the Village of Pinecrest. These numbers reflect all sales listed in the MLS but not homes sold by owner. Each year, I brake down Pinecrest sales by quadrants, with SW 112th Street representing the division between north and south and SW 67th Avenue representing the division between east and […]
December 26, 2014
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
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 […]
September 10, 2014
At the top of the cool building material chart is a company called uBeam who is leading the charge, so to speak, in wireless smartphone charging techniques. uBeam is developing an ultrasonic sound transmitter that will fill a room with inaudible energy. A receiver in your wireless device will be able to pick up the sound and […]