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April 11, 2023
Miami has its share of classic restaurants – and it runs the gamut from Joe’s to Shorty’s. But, over the years, we’ve discovered that simply by being Realtors we come across new restaurants regularly and have become a source for some of our longtime clients. With that in mind, we thought we’d share a few of the new spots you should consider trying on your next night on the town. The Gibson Room – This swanky spot is the perfect combination of unique and familiar. Yes, there’s a marlin on the wall and a line of barstools, but there’s also likely to be a jazz combo playing live and the menu is full of unexpected, and delicious, selections. They also […]
April 4, 2023
It feels like 2023 just started, but somehow Easter is already here! We’ve compiled a list of some of the best Easter egg hunts we know of all around Miami. All these public events welcome everyone no matter how you celebrate. . Miami Kids Magazine always puts on great seasonal events for families, and Easter is no exception. Their event will be on April 1st – the weekend before Easter – at Shops at Sunset Place in South Miami. The Easter Bunny himself will be on hand for photos. They will have music, games, arts & crafts, and entertainment from 11am-2pm. If you want your kiddos to have a chance to participate in an egg hunt you’ll want to take […]
March 21, 2023
Higher interest rates are affecting real estate markets nationwide, and Miami can’t escape the impact fully.. That said, we are still enjoying one of the strongest markets in the country despite some cool-down. So, let’s talk about what you need to know no matter which side of the Miami market you’re on: buyer or seller. Where are We Now? The current average interest rate for mortgages is sitting just below 6.5%, but many of our lenders can do better than that. Feel free to ask us for a recommendation. This is the highest we’ve seen rates since the end of the year in 2007, so it feels high. However, it’s worth recalling that in the fall of 2000 it was right […]
March 14, 2023
The simple fact is that we are unlikely to see mortgage interest rates head anywhere near where they were pre-2022 anytime soon. So, what does this mean for sellers? Here – in the Miami market at-large – it doesn’t mean that we expect to see any shortage of buyers. No, the demand is still there, but what we will see change is a shift in competition. The golden hour of buyers competing with each other has mostly expired. Instead, it will be sellers competing to offer buyers the most bang for their buck to make those higher interest rates worth it. Price Competitively Let’s start with pricing – how do you know what price is attractive enough to buyers without […]
March 7, 2023
Whether you are in the market to buy or sell a home, one of the most important choices you will need to make is which professionals you enlist to work with you through the process. At The Drew Kern Team, we are admittedly biased. We have spent many years honing our processes as real estate professionals while finding the best ways to combine those within our team to make us stronger as a group. The short answer to the question: ‘What are the benefits of working with a Realtor with a team’ rather than one realtor is quite simple. While there are only 24 hours in a day for an individual realtor, for a team of 4 realtors there are 96 hours. Efficiency […]
February 21, 2023
Whether you are in the real estate market as a buyer or seller, choosing the right realtor for you is the most important early step in the process. But how do you know who to choose? Experience is Key Whether you’re buying or selling, your realtor should be experienced in your area. Building up a reputation and a basis of knowledge in specific areas give realtors a big advantage over agents who are less familiar with individual neighborhoods. Miami is a large, unique city with many different areas that appeal to different people for different reasons. A realtor who works mostly in Aventura might not know the nuances of smaller areas within Pinecrest. Moreover, real estate is moving fast! Buyers […]
February 21, 2023
Curb appeal has always been essential when it comes to real estate. And the fact is that we know live in an online world. In other words, the first impression nearly 100% of potential buyers will have of your home is the images in your online listing. With just a few quick clicks they will browse the photos and decide if your property is enough of a contender to view in person. Don’t miss out on the opportunity to wow them! Quality Over Quantity When posting pictures anywhere on the internet, having ten great pictures is always better than twenty mediocre ones. We see so many listings in which all the interior photos do is confirm that the home has […]
February 14, 2023
If you are already a Florida resident moving into Miami, you are accustomed to the issues you will face with property insurance. If you are new to the state, however, this will be a little crash course for you. Property insurance in Florida is more expensive than in many areas of the country, and you will likely have questions. For help understanding the ins and outs of every financial decision when it comes to Miami real estate, including homeowners insurance in Florida, you can call on The Drew Kern Team to give you an honest opinion. What’s the Situation? It’s no surprise that Florida has a higher risk of severe and damaging storms when compared with the rest of the […]
February 7, 2023
Just south of Pinecrest and north of Cutler Bay lies Palmetto Bay, one of the more popular suburbs in Miami-Dade County. There are currently 95 homes for sale in this area, which is about on par with the inventory we’ve seen in the second half of 2022. This long-sought after neighborhood for families with school-aged children remains competitive but has seen a downturn at the end of 2022. This makes it an excellent time for buyers to jump in to grab a property at a lower price point than has been typical for this neighborhood over the past year. Palmetto Bay Home Prices Price per square foot in Palmetto Bay started 2022 off low, at $343. The price per square foot for […]