Market Information

July 16, 2024

Moving to Miami? When to consider a condo vs. single family home

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

Moving? Here’s an Easy Checklist to Ensure Your House is Ready For You To Say Goodbye

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

Top 5 things to look for in a Miami realtor – How to make the most of the buyer-realtor relationship.

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

Is summer the best time to buy in Miami? How to navigate Miami real estate, no matter the season.

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

Miami Market Analysis: Pinecrest

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, […]
February 27, 2024

Buying Your Home in Miami From Out of State

Miami has a lot to offer buyers from across the country as well as international buyers. It could be the beach calling you here, or the vibrant culture, active lifestyle, and engaged communities. Whatever the reason you’ve chosen to buy a home in Miami, The Kern Team is here to make the long distance buying process as simple as it can be. From effective virtual tours to making the most of your short in-person visits, we’ve got you covered. Virtual Tours: Embracing Technology It’s really amazing all the ways we utilize technology every day. Virtual home tours have created a way for remote homebuyers to have a first viewing of a home they are interested in from anywhere. There are […]
January 16, 2024

Buying a Miami Vacation Home? What to Look For.

Is there a better vacation destination than Miami? We’ll admit to being biased, but we think this is the best city for living and vacationing. Buying a vacation home is a way to do both. People are drawn here for many different reasons; vibrant nightlife, gorgeous beaches, and a rich culture are a blend of all the people who have made their lives here over time. The idea of a vacation home is exciting, and The Kern Team is here to guide you through the process.  What Does Your Ideal Vacation Look Like? One of the most important considerations when looking for your vacation home is the location. Miami is full of unique neighborhoods that each have their own personality. Your […]
January 2, 2024

Finding Your Ideal Miami Neighborhood: Little Gables

A neighborhood we get asked about commonly is Little Gables. For those that don’t know, Little Gables is surrounded by Coral Gables on three sides, and the city of Miami to the north. It exists as a quirk of a fight in the 1920s between John Stadler – who owned most of the land that is now Little Gables but then was a fruit orchard – and George Merrick, the founder of the Gables. Stadler didn’t want to sell the land to Merrick and so the area never got incorporated into the city of Coral Gables and is still unincorporated Miami-Dade County.  Many homeowners are attracted to Little Gables because it has a lot of the perks of the Gables […]
December 19, 2023

Miami Residential Market Forecast for 2024

Over the past few years, Miami’s real estate market has been somewhat unique when compared to the average trends across the US. 2023 held some surprises that we didn’t see coming at the end of 2022. Everything else we’re about to tell you is our best prediction based on our experience as well as what we see other experts saying. Beware of any market forecasts that claim to know exactly what will happen and when – we haven’t seen anyone with a working crystal ball yet! Slow and Steady is the Name of the Game in 2024 We’re not anticipating any big or fast changes on the horizon. Expect to see home prices increasing gradually through at least the first […]