HOME SELLING INFORMATION
July 12, 2022
Real estate is always about location. Neighborhoods are – in a way – defined by their surrounding schools. There is a strong correlation between the quality of the schools nearby and the demand for homes within a given neighborhood (read more about that here. This is why it’s crucial to do your research on districts when house hunting. Even if you don’t have kids, school districts should still be carefully considered when buying a home. Commute Times Near Schools in Miami When looking at a home near schools, we always encourage our clients to check out the neighborhood during drop-off and pick-up times. If you don’t have kids, you may discover that certain streets are not ideal due to school-related traffic. […]
July 5, 2022
The Grove has seen a lot of changes over the past few years – but at the same time, has kept the allure it’s had for decades. There has always been a certain level of walkability and community that other neighborhoods just don’t possess. It’s not hard to see why with the restaurants, new and improved Cocowalk shops, and tree-lined streets, right on the bay. What We’re Seeing in Coconut Grove Real Estate The part of the Grove along Main Highway & Ingraham has been a mainstay in desirable addresses for ages. A decade ago we saw the parts east of Mary st and north of Bayshore flourish. Now we’re starting to see homes on the other side of US-1 […]
June 21, 2022
While many agree that hosting an open house is an excellent way to get potential buyers through your door, it is still a heavily debated topic between homeowners and real estate professionals. Truthfully, there are pros and cons to choosing to have or forgo an open house. Having a strong understanding of these pros and cons can help you make an informed decision. Pros Increased exposure – Perhaps more important than having open houses is gaining exposure for your home. While a sale may not come directly from an open house, you will undoubtedly gain exposure from ads, street signs, and promotions for your open house . Low pressure environment – Open houses are usually very laid back and give potential buyers an […]
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 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 […]
January 11, 2022
While it may come as a surprise to naysayers, the Miami real estate market is still going strong. With many families escaping the north and a new influx of professionals leaving California behind in favor of our beaches, restaurants, and – surprisingly – less traffic, the market continues to show growth and demand. 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. We’ve compiled a list of a few recent sales to give you a sense of what homes in the Miami area are selling for. As always, if you have questions about […]
December 21, 2021
Having your house sitting on the market without a buyer can be frustrating once you’ve gone through all the time and effort it takes to get your house in good standing. If you’ve had showing after showing, and still it’s not selling, that may means that it’s time to make some changes. Realtors know that buyers pay attention to what is happening with a listed home. In fact, you can say that buyers are savvier now than ever before. They have countless methods – at their fingertips – to research and stay up-to-date with the status of a home including: how long it has been on the market, if the price has dropped in the last few weeks or months, […]
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 […]
October 12, 2021
It is no secret that Miami is one of the fastest growing cities in the US. A hub for technology, innovation, and an unparalleled mezcla of cultural ingenuity, it is easy to see why so many people are attracted to the Magic City. With the influx of new residents and the overwhelming interest of potential residents, demand has never been so high. This is in large part to low interest rates in the Miami housing market right now. So, the question on everyone’s mind is why are interest rates so low? Interest Rates and Demand For those that have been following the current updates from the Federal Reserve you will see that the have been making changes in response to […]