September 29, 2014

The Best Real Estate Market Indicator – Number of Months Supply

The number of months supply of housing inventory is the most important metric in the real estate business and the key to understanding housing market value trends. The optimum number of months supply ranges between six and nine months.  Once the number of months supply falls below six months, the value of homes and condos increase. […]
August 30, 2014

Just Closed on Another Townhouse

  Its been a great run for Wellins Dwellings this year.  I’ve had four closings in three months, all smooth as silk, happy buyers and sellers and personally, a most satisfied feeling. My clients and I work closely through the process of buying and selling their homes and we get to know each other quite well, becoming extended family, […]
August 14, 2014

What is My Home Worth?

You think your home is worth HOW MUCH? Well let’s find out.  It could be more, but then again, it could be less. Even if you’re not thinking of selling right now, it’s good to know the value of your home or condo. Just click this link for a complementary home valuation. I am an estate specialist […]
August 11, 2014

Highest Sale – Lowest Sale in Pinecrest

Here’s the ying and yang of single family home sales in The Village of Pinecrest this year. Let’s start with the high end.  Located at 9030 SW 60th Ave, this 7 bedroom, 8 bath, 3 half bath home with 12,400 square feet of living area on over an acre sold in June for $6,199,000 or $444 […]
July 28, 2014

Breaking News: Zillow Agrees to Acquire Trulia

Trulia has entered into a definitive agreement to be acquired by Zillow.  The agreement stipulates a 3.5 billion stock-for stock transaction approved by the Boards of Directors of both companies and is expected to close in 2015. Both companies will operate as separate and distinct brands.  At closing, Trulia CEO Pete Flint will remain as CEO of […]
July 19, 2014

JUST SOLD MODERN COCONUT GROVE TOWNHOUSE

  I just closed on this fabulous Coconut Grove townhouse at 3177 Florida Ave. This place is absolutely divine.  Not only is it located on a quiet charming street, but it is walking distance to everything Coconut Grove. I represented the buyer of this modern townhouse, listed by Jessica Adams of the Riley Smith Group.  This stunning place […]
July 8, 2014

Pinecrest Townhouse Sales

Since January, only 4 townhouses have closed in Pinecrest, two at Swan Lake and two at Sutton Place. The prices ranged from $425,000 ($224/SqFt) for a 3 bedroom, 2.5 bath townhome at Sutton Place to $650,000 ($221/Sq Ft) for a 3 bedroom, 3 bath tonwhouse at Swan Lake. The townhouse market in The Village of Pinecrest is extremely small […]
June 10, 2014

Inventory of Homes for Sale is on the Rise – Especially in Palmetto Bay

There are definitely more homes on the market this year over last.  Take a look at the graph to the right that compares single family homes for sale between Jan 1 and June 1 in 2013 and 2014. Palmetto Bay has seen the greatest increase in homes for sale, up by 44%.  This is a super hot area to […]
June 5, 2014

How Long to Sell Your Home in Pinecrest

Sellers frequently ask me how long I think it will take to sell their home in the Village of Pinecrest.  Homes that are priced correctly usually sell within weeks in today’s seller’s market.  Price is clearly the number one factor that determines speed of sale. That being said, the time it takes to sell a home depends […]