September 23, 2013

Luxury Homes for Sale in South Coral Gables

There are 55 homes for sale in the Southeastern corridor of Coral Gables, thirty five of which are waterfront. Nine homes are currently under contract and eight of these are waterfront. In the last three months, ten homes have sold in South Coral Gables, nine of which are in the luxury waterfront communities of Gables […]
September 20, 2013

Residential Land Sales in Pinecrest

The Village of Pinecrest has been active in land sales this year with nine lots between .65 acres to 1.5 acres selling for an average of $18 a square foot.  The most expensive land,  a 6,438 square foot lot  lot on 78th Ave and 111th St., sold for $1,100,000 or $23 per square foot.  The […]
September 19, 2013

Valuing Land – Buy a Tear Down or Vacant Lot?

A buyer recently inquired about the value difference in buying undeveloped residential land vs a tear down.  When you purchase land, the major considerations are location, size and shape of the property, size of the home you wish to build and limitations due to protected trees.  There are also impact fees associated with new construction. […]
September 18, 2013

Two acres and a Wine Cellar In Palmetto Bay

Take the three story elevator down to your wine cellar, select a bottle of Chateau Haut Brion Vintage 1990, bring it upstairs, open it and let it breath while you dial me up for an invite over to share it on your terrace overlooking the back acreage. La  Maison (these estates have names) is a […]
September 16, 2013

Luxury Sales in Coconut Grove

Forty two homes sold in the residential luxury market in Coconut Grove this year, with sales beginning at $1,000,000. The chart below breaks down the sales in increments of $200,000 until reaching $2,000,000.  Sales were strongest between $1,200,000 and $1,399,000, with nine of those sales falling between $1,200,000 and $1,299,000. In the ultra luxury category, […]
September 9, 2013

Apple’s New iPhone – Fingerprint ID? Can it Be Hacked?

Rumor has it that Apple is launching its new iPhone Tuesday with fingerprint authentication, a major new technology that should give Apple a leading edge in big markets like enterprise computing and mobile payments. It is possible that the fingerprint tech will be near the home button at the bottom of the device, the most […]
September 9, 2013

Five States with Highest Home Price Appreciation in July

Florida (13.5%) along with Nevada (24.2%), California (20.2%), Arizona (14.9%) and Utah (13.5%) had the highest home price appreciation for the month of July, if distressed sales are excluded. The five states with the highest home price appreciation, including distressed sales, are Nevada (27%), California (23.2%), Arizona (17%), Wyoming (16.4%) and Oregon (15%). Only Deleware […]
September 3, 2013

Pinecrest Modern Home for Sale

An eye appealing and spacious modern home just hit the market in Southeast Pinecrest. This gated 1990 residence was recently remodeled with a new addition by Hollub Homes. Consisting of 5 bedrooms, 6.5 baths and 7,225 square feet of living space, it has all impact doors and windows and a two car garage and pool […]
August 30, 2013

Flipping Houses – Seven Rules to Flip By

Interested in buying properties at a discount, fixing them up and re-selling them quickly for a profit?  Follow these seven rules and you will succeed. 1.  Don’t overpay for the property.  Know its value. 2. Don’t underestimate the cost of repairs or skimp on renovations. (Save receipts to show appraisers) 3.  Don’t buy with the […]