Sellers – Real Estate Information

June 5, 2017

Plenty of Pinecrest Homes for Sale but Slow to Sell

There are plenty of single family Pinecrest homes currently on the market, 205 to be exact. The average list price is $2,354,283 or $411/SF.  But, there is a big discrepancy between the offered price and sale price. Since January this year, a total of 77 homes have sold with an average sale price of $1,245,886 or $305/SF. These homes […]
April 28, 2017

HB 483/SB 398 Bill Passed by Florida Legislature that Caps Estoppel Certificate Fees

HB 483/SB 398, which caps estoppel certificate fees, was just passed by the Florida Legislature! As many of you know, this is a long-standing issue that those in the real estate industry have been working on for several years, and its passage represents a big win for homeowners and Realtors across the state. This bill caps the […]
March 13, 2017

Pinecrest Real Estate – Market Recap of Land Sales in 2016

The Village of Pinecrest land sales were relatively stable in 2016. Although it took longer to move Pinecrest real estate last year, prices were up. Market Recap of Land Sales A total of 14 properties sold last year in Pinecrest, most between 3/4 of an acre and 1.25 acres, averaging $1,031, 921 per sale or $26 a square foot (SF). […]
March 5, 2017

Village of Pinecrest 2016 Annual Market Report

                                          Jump in and enjoy my Village of Pinecrest 2016 Annual Market Report – the most comprehensive analysis of single-family home sales in Pinecrest. Sales data is divided into quadrants, with SW 112th Street representing the division between north […]
February 27, 2017

Just Sold – North Coral Gables Home

I just sold a North Coral Gables home, completely remodeled in 1995.  Situated on a gorgeous corner lot in a beautiful section of the Gables, this 1939 Spanish home has three bedrooms and two and a half baths with 2,240 SF of living space and 2,608 total SF. North Gables Home the Perfect Choice This two story home had all the […]
January 21, 2017

One Sale Leads to Another – Relationships in Real Estate Deals

As real estate deals go, this one was a triple double.  I was tremendously fortunate to represent the buyers and sellers in a transaction that closed today. I’ll tell you about the home in a minute as I’m more interested in relating why relationships, not to mention open houses, are so important in the real estate business. I met the sellers about […]
October 29, 2016

How to Calculate Your Real Estate Tax Portability when Downsizing Homes

So often, I’m asked how to calculate the real estate tax savings or tax portability when downsizing homes.  Here’s a clear and simple example that I provided to one of my sellers in Pinecrest.  Use it as a template for your own numbers. Take a look at the chart.  If you own a home that has a current market value of $2,300,000 with […]
July 10, 2016

A Zen Real Estate Deal

I’ve worked with great clients before, helping them buy and sell property, but this transaction was straight out of the Zen book of real estate deals. I was holding my first open house when a family of three stepped past the red front door, glanced around the room and proclaimed , “we are buying this house.”  I immediately liked them!  Fifteen […]
October 5, 2015

Q3 Hot Markets in the Village of Pinecrest

The luxury market in the Village of Pinecrest continues to thrive in the $1M to $1.4M price range.  Out of 30 single family home sales, almost half the sales were in this pocket.  The balance of sales fell between $1.5M and $2.9M. When comparing high-end sales for the third quarter of 2015 to 2014, the numbers are stable. However, sales under […]