HOME SELLING INFOR
May 16, 2023
If you live in Florida, it’s important to understand what’s been happening with property insurance here. As of January 1, 2023 several big changes went into effect following special legislative sessions. These sessions were called to address the property insurance premiums rising across Florida. A Little Background First, let’s talk about some of the things that make Florida a unique market for property insurance. Our geography sets us apart from the rest of the continental U.S. No other place is as likely to receive significant damage from hurricanes and tropical storms. Since 2017, the frequency of heavily damaging storms has increased statewide (even if we’ve been relatively protected here in Miami). As a result, insurance companies have paid out significantly […]
May 2, 2023
Pinecrest is one of our favorite neighborhoods. You’ll find many mid-century ranch homes on large lots and gorgeous natural scenery plus some of the most stunning mansions in Miami-Dade. Just north of Palmetto Bay and only about 20 minutes from downtown Miami, there’s a reason leafy Pinecrest is so in-demand: it is great for young families (boasting fantastic schools) and those that are looking for a little space to spread out while still being close to it all. Great Opportunities for Buyers The end of 2022 saw more homes on the market in Pinecrest than we’ve seen in years. However, the price per square foot is up – the average at the end of 2022 was $868 in Pinecrest. Price […]
April 18, 2023
The last couple of years have been a wild ride, there’s no denying that. Miami has been one of the U.S. cities that has not followed the nationwide trends as closely as the majority of the country. But are we immune from a negative trend across the States? What Makes Miami Different? One of the simplest things setting Miami apart from most of the U.S. is the size. We are the 7th largest metro area in the country. Secondly, Miami has a higher-than-average concentration of luxury homes. On top of that we are a coastal city which entices buyers from not only all over the U.S., but internationally as well. Miami is a destination city within a state that has […]
November 2, 2021
It is true that Miami is known for its iconic beaches, diverse culture, and economic success; however, there is more than meets the eye when it comes to Miami’s real estate market. A true hotspot for new and returning residents, investors, and foreign business seekers, this city is on a continuous uprise and has been that way for the past few decades. If you’re considering moving here, one thing is true; you should know the three big Miami real estate trends happening right now in 2021. 1. Supply and Demand In general, the United States is dealing with a record high demand for housing. It is one of the worst housing shortages that we have experienced in the nation. This […]
June 29, 2021
It’s that time again… June to November in Florida is time to pack your beach bag, make a friend with a boat, and… get prepared for hurricane season. Is your home hurricane ready? We’re going to give you a breakdown of the most crucial preparations you can make. But did you know that there’s more at stake than just your safety? Having a hurricane-resistant home is not only going to protect your loved ones and your home, but it could also add value to your home. According to a University of Alabama study, homes that are fortified to the highest level of standards sell for 7% more on average. Stay safe and boost your homes resale value? Win, win. Now, […]
June 15, 2021
Comparables, or comps, are how you calculate the value of your home based on the recent sales prices of homes in your area. As a seller, you and your real estate agent will use comps to figure out your asking price. Comparatively, buyers and their agents will also be using comps to determine how much to offer on homes in their price range. Comps are crucial for sellers to get the best sale price on their home and to get their home sold in a reasonable time. Price your home too low and you are potentially losing out on a lot of money. Price it too high and your home could sit for months on the market. The key to […]
May 11, 2021
There’s an old adage in the real estate world that says to wait until the flowers start blooming to list your home. There are many reasons to wait until spring or summer to list your home: Weather, tax season ending and returns coming back, the ability to view homes and summer vacation for your kids. These are some of the typical reasons that spring and summer tend to be the best times to list homes. But is Florida typical? And is the (post) pandemic world we’re living in typical? In a normal year, on average across the country, spring and summer are the best times to put your home up for sale. However, 2020 was anything but normal and 2021 […]
December 10, 2019
The seller’s disclosure form is among the most important documents you will evaluate when buying a home. Why? It gives you a glimpse into the history of the home in a way that touring a property simply cannot give you. And that history could be the difference between landing a home you can happily say “yes” to and one that is doomed to be a money pit. What is a seller disclosure form? Typical disclosure reports contain information about the features and history of the home’s internal and external structures, including appliances, roofing and foundation, environmental hazards, zoning regulations, and more. The owners are responsible for truthfully disclosing any information they personally know about, but they are not expected to […]
December 3, 2019
“The Village of Parks” is aptly named given its commitment to preserving the natural environment, its numerous parks, and expansive recreation opportunities for residents. What’s more – its easy access across the county mean you can enjoy all the perks the big city has to offer while still embracing the small community charm (which of course has its own list of perks!). Here are a few reasons why we think house-hunting in Palmetto Bay is always a good choice: Top-notch schools – Palmetto Bay’s public and private schools are top-rated and offer superior educational opportunities for children from preschool on up through high school. Active parks & recreation department – You’ll never be bored in Palmetto Bay. With numerous planned […]