Real Estate Information

April 10, 2013

What’s for Sale in Palmetto Bay?

As of April 8, there are 37 homes for sale in The Village of Palmetto Bay that are not under contract.  Six homes are listed for over $1,000,000, 15 are listed between $500,000 to $999,000 and 16 are listed for under $500,000.   None of these are foreclosures and only three are short sales. With so little inventory on the market […]
April 6, 2013

Comparison of Sale Price Per Square Foot in Pinecrest Quadrants

Last year I reported that NE Pinecrest had the highest average single family home sale price per square foot than the other areas of Pinecrest.  The first quarter of this year continues the trend.  In looking at the median sales price of single family homes per square foot, NE Pinecrest comes in at $320.00, NW Pinecrest at $278, SE Pinecrest at $256.00 and SW […]
April 5, 2013

Great New Read – “TheTropical Cottage: At Home in Coconut Grove”

Now here’s a book that captures the heart and soul of Coconut Grove.  “The Tropical Cottage: At Home in Coconut Grove” by Beth Dunlop, editor of Modern Magazine, is the pictorial story of 33 charming bungalows and cottages, their lush gardens and the eclectic people who lived in and nurtured these homes.  Anyone who has made Coconut Grove their home or hung out in The […]
March 30, 2013

Contemporary Architecture

Contemporary architecture, in its most literal sense, is architecture of the moment or that being produced now.  Stylistically, it is innovative and forward-looking, incorporating free-form design with whimsical elements. Contemporary or Modern? Clearing up the Confusion… Contemporary architecture, by definition, is a changing phenomena, based on what is trendy at the moment, while modern style is based on a […]
March 28, 2013

Devonwood Contemporary Home Sold

A Pinecrest tri-level contemporary home just closed in Devonwood for $1,200,000.  Comtemporary architecture is red hot right now and this 5 bedroom, 4.5 bath, 1974 total renovation is no exception.  It sold in just under two months for 97% of list price at $269/sq ft. Want to learn the difference between Modern and Contemporary architecture? Check out my blog here. I am […]
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 24, 2013

Do NOT Wait to Upsize – Here’s Why

If you’re considering selling a house to purchase a larger, more expensive home, waiting a year or two will likely mean a higher sales price as well as a higher purchase price.   So why move up now, you ask? The Numbers Don’t Lie… If you look at the dollars and cents, a $200,000 home that […]
March 18, 2013

New Credit Criteria May Help Buyers and Renters

A new credit scoring system will potentially offer credit applicants a boost in their rating and help establish credit for people who previously had little to no credit history. The three major credit bureaus, Experian, Equifax and Transunion, will begin using the latest version of the VantageScore, the credit score they created.  According to John Ulzheimer, […]