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April 5, 2022
House-hunting can be a stressful, albeit-exciting venture. If you’ve started the process of looking for a home – congrats! You probably have a lot of factors on your mind about what makes a home ideal, such as the neighborhood, size of the home, natural lighting, and floor plan. A lot of times we have a general idea about what we’re looking for in a home, but more often than not, the less-exciting factors get brushed aside, even if they can make a big impact once you’re all moved in. Not to worry – we’ve compiled four crucial things you should consider before moving forward in your home-buying process. Outlets This may be the most overlooked factor while home-buying. Having outlets […]
March 29, 2022
When looking to buy or sell a property, one of the first things to consider is what the comps are for recent sales in the area. As for Miami, the numbers still show a seller’s market. In Palmetto Bay specifically, we’re seeing very little supply – only about 40 active listings ranging from 3 bedroom homes in the mid $400s near US-1 to estates abutting the Deering Nature Preserve asking $2,500,000. Recent sales have mostly ranged from $325 a square foot to $375 a square foot. The median listing home price is sitting right around $875,000 in early 2022, which is up over 29% in the last 12 months. Homes in Palmetto Bay have been selling right around asking price in […]
March 22, 2022
For what seems like time immemorial, the world over has been looking to invest in waterfront condos in Miami. And the truth is there is a valid reason, so much so that we tend to split Miami’s real estate market into segments – single family homes and condos – and see demand for one segment really doesn’t affect the other. In fact, political instability abroad and the strength of the dollar are important factors to consider when looking at Miami condos. If you’re looking for a short answer, yes – condos are a good investment in Miami. However, like anything in real estate, there are many factors you should consider before diving into a serious investment. Here are some of […]
March 15, 2022
For many empty nesters, there comes a time to face the impending question: keep the family home or downsize to something smaller? Like any real estate investment, there are a lot of things to think about when downsizing to a smaller home. Here are a few questions to ask yourself before deciding whether or not to downsize: Lifestyle With the kids out of the house, you now have the freedom to decide how you want to live your life. Before downsizing, it’s important to think about what you do – for instance, if you’ve been commuting to work an hour plus each way to be near the kids’ school, and if your hobbies are near your home. It’s not uncommon for empty […]
March 8, 2022
Buying a home is often be the most important financial decision people will make in their lives – which is why it’s important to do your research and get the details right the first time. After working in Miami’s real estate market through all the booms (and busts) of the last 20+ years, we figured it would be a good idea to share some tips that will help you navigate this difficult (but very exciting process): Start Saving Up Early for Your Down Payment: While there are some options to buy a home with little or no down payment (the most common ways are through the VA for veterans or through an FHA program), most buyers in Miami are buying a […]
February 15, 2022
Flood zones are defined as areas that the Federal Emergency Management Agency (FEMA) determined to be at a higher risk of flooding or heavy rainfall – and it should come as no surprise that these zones are just about everywhere in Miami. When buying a home or property in Miami, there are some things you should know about flood zones, risk, and overall flood safety that will make your life a lot easier: Know Your Zone It’s crucial to find out exactly what flood zone your home falls in so you can be as prepared as possible should any unfortunate situation arise. Different flood zones correspond to different risk levels – for instance, if you live in ZONE AE, your home is […]
February 8, 2022
When it comes to finding a neighborhood that’s right for your family, just about everyone can agree that a safe location, great nearby schools, and friendly neighbors are crucial. When it comes to having high schoolers, there’s a few more things to take into consideration before deciding on a location that’s right for everyone. Miami has a large number of magnet and Choice schools, in addition to charter schools, with a variety of programs that may be right for your high schooler. Don’t forget: every high schooler’s needs are different, so consider yours when reading the below. CORAL GABLES: Coral Gables is a very popular choice with families who have high schoolers, and there’s no doubt why. Considered to be one of […]
February 1, 2022
If you’re in the market for a fixer-upper, it can be an exciting time to think about paint colors, shiny new appliances, and designing rooms. But before you get carried away with the enthusiasm, there are a few things you should know and look for when you plan to renovate a home in the Miami area. One of the first things to consider is the location in which you want to buy a property. Depending on your goals for renovation – whether you plan to sell the house to another family or live in it yourself – the location of your house is always important. This will help you set your budget as home prices can vary widely by neighborhood. […]
January 25, 2022
The time has come for you to start looking for a home and somewhere to call your own. Whether you are simply tired of renting, or ready to start investing in your own property, buying a place of your own seems like the logical next step. But what type of home is right for you? Thankfully, Miami has a lot to offer when it comes to types of homes available to buyers – from condos and duplexes to town homes and single-family homes. Better yet, the city also has a wealth of different types of homes within each of those categories that can satisfy your needs as well as your wants. When To Consider a Condo Living: For homebuyers, whether it is […]