Market Information
November 26, 2024
If you’re thinking of buying or selling a home, it’s important to pay attention to your local housing market to see if your area is currently in a buyer’s or a seller’s market. This can give you an idea of how to approach each process and give you an advantage over other buyers or sellers. In a seller’s market, the demand for homes exceeds the supply. Based on the basic laws of supply and demand, this gives sellers the upper hand because it means that buyers have fewer houses to choose from. Under these conditions, homes typically sell very quickly, and sellers typically receive multiple offers over asking price. Here are a few more ways to tell you’re in a […]
October 15, 2024
Shenandoah is one of the oldest neighborhoods in the city of Miami. It’s roughly a square of land between Brickell & SW 27th Ave, south of Calle Ocho and north of Coral Way. Due to it’s being smack dab in the middle of the Grove & Brickell, it’s always been a popular neighborhood for buyers that want to be in the middle of the action but a little more space that condo living can provide. Here’s a look at the state of the real estate market in Shenandoah: A Look at the Numbers There are roughly 5,000 households in Shenandoah, and due to the age of the neighborhood (it was founded in 1919 by developers from Virginia, thus the name Shenandoah) […]
September 17, 2024
Everyone has an opinion as to whether they would prefer a newer home or an older one. Whichever side of the debate you fall to, it’s important to weigh the pluses and minuses. Sometimes finding the perfect home requires a little flexibility on what you previously thought. Pros of buying an old house Architecture While Miami is still a young city, there are plenty of homes that are 50-100 years old. When you step into an older home, you can feelthe history as you walk through the rooms. That’s not as common in newer homes. Mature landscape The best time to plant a tree is 30 years ago. If you want to live with a yard that has shade and don’t want […]
September 10, 2024
When you are buying a home – particularly your first home, but is still true no matter how many times you do it – it’s easy to get overwhelmed with the prospect and excited about the potential of a home. Over the years, we have done a lot of education to help home buyers find the perfect home – and large part of that education is getting them to ask the right questions when they are looking at a home so they will be as happy and excited about the home on day 3,650 of owning it as they are on day one. Questions to ask before the showing Before you go to the viewing, you should connect with your […]
July 16, 2024
Buying a condo vs buying a single family home may seem like an odd comparison. But there’s plenty of comparisons that can be made, from what you’d be buying to the application process. So what exactly are the differences? And should you buy a condo vs. a single family home? Read on below. What’s a condo? A condominium, or “condo” for short, is a privately owned individual unit within a community of units. The owner of a unit typically owns the interior of that unit and some exterior elements. Common & shared areas such as pools, garages, gyms, hallways, etc. are owned collectively by the condo owners. Condos can be found in high-rises, apartment-style complexes and even (surprisingly to most) […]
June 18, 2024
Why should you have a checklist? Moving is more than just dumping everything into boxes and then driving to the next place. There’s a number of factors to think about—including doctors, service providers, schools, and plenty of others. Here’s a handy checklist to keep you on the right track to have a successful move. Two months before the move Set a budget for the move Make sure you’re aware of all moving expenses you’re going to face. Having a dedicated moving budget can save you a big hassle down the road. Schedule a mover If you’re moving out of state, you want to schedule with your mover about two months out to make sure it goes smoothly (usually one month […]
May 28, 2024
Whether you’re moving within Miami-Dade or resettling from elsewhere, it’s important to consider the qualities needed for a successful buyer-realtor relationship. Not every realtor is the same and a successful realtor for one client may not be right for you. When comparing realtors, these are the top 5 things to look out for. They can give you both a broad as well as a focused perspective when making your decision. With these in your back pocket, you’ll be in a better position to coordinate your next home purchase. Experience Like in most things, you’ll want to find a realtor with the experience to tackle your unique home-buying needs. An experienced realtor will be able to help you navigate Miami’s real […]
May 21, 2024
The housing market ebbs and flows, much like the seasons. When thinking of buying a house, you have to consider your timeline: when’s the best time to start looking and when’s the best time to close on a deal. A lot of it comes down to timing, especially during the year. Even for a warm state like Florida the market can fluctuate depending on the month or season. So we can hear you asking, “is summer the best time to buy in Miami?” Well, that depends on a couple of factors. Is summer the best time to buy in Miami? Florida experiences pretty warm temperatures year-round. For example, Miami International Airport had an average 2023 temperature of 79.9 degrees. Because […]
May 7, 2024
Pinecrest, Florida continues to be a highly desired market in the Miami-Dade County. This makes sense as Pinecrest is centrally located with oversized lots, a mature canopy, and close access to some of the County’s (and Country’s for that matter) best schools. Quiet streets and easy access to everywhere in Miami-Dade is a rare combination. As of March 2024, Pinecrest may be a market in transition. Prices have been way up since 2019 and available inventory has stayed low, but the frothiness of the 2021 market seems to have subsided. Pinecrest Home Prices As of March 2024, the average price per square foot for Pinecrest single family homes was at $812. This is up 36.7% from the same time last year, […]