Market Information
February 1, 2022
If you’re in the market for a fixer-upper, it can be an exciting time to think about paint colors, shiny new appliances, and designing rooms. But before you get carried away with the enthusiasm, there are a few things you should know and look for when you plan to renovate a home in the Miami area. One of the first things to consider is the location in which you want to buy a property. Depending on your goals for renovation – whether you plan to sell the house to another family or live in it yourself – the location of your house is always important. This will help you set your budget as home prices can vary widely by neighborhood. […]
January 25, 2022
The time has come for you to start looking for a home and somewhere to call your own. Whether you are simply tired of renting, or ready to start investing in your own property, buying a place of your own seems like the logical next step. But what type of home is right for you? Thankfully, Miami has a lot to offer when it comes to types of homes available to buyers – from condos and duplexes to town homes and single-family homes. Better yet, the city also has a wealth of different types of homes within each of those categories that can satisfy your needs as well as your wants. When To Consider a Condo Living: For homebuyers, whether it is […]
January 18, 2022
So, you’ve made the decision to buy a new home. That’s big. No matter if you are a first-time homebuyer or an empty-nester looking to be a last-time homebuyer, making the move to a new home is always a big decision. So, congrats. Now, that you’re here – there’s a question to consider that doesn’t always top everyone’s list when they are writing out all their wants for a new space. Oftentimes, we start jotting down location, number of rooms, and cost. All are very important details – but typically should come after asking yourself: are you looking for a move-in ready property or a renovation project? This is a big question as it can help determine the direction of […]
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 28, 2021
The Miami market is on the move. We wanted to take a moment to highlight the market trends for the last quarter, specifically within Pinecrest. Pinecrest has always been an in-demand city within Miami-Dade County; well-situated with great schools, parks and accessibility to restaurants, lifestyle activities and more. From August through to October 2021, more than 130 homes have sold in Pinecrest alone. With properties ranging in price from $725,000 for a 3-bedroom, 1,858 square foot single-family home to $9.15M house featuring 6 bedrooms, 8 baths at 12,300 square feet, Pinecrest is offering properties at a wide range of value, size ,and price. Here are a few of the listings that recently sold in this area: 6065 SW 116th St, Miami, […]
November 16, 2021
Real Estate prices are high and interest rates are low. Home values had a reported 17.2% historic increase last year (which was the highest increase in history), and the demand equaled a decrease in available commercial properties by 28%. When it comes to investing in residential real estate, most people start by looking to buy below market value, assuming they can bring up the property value, flip it, and pocket the difference. It makes sense, but it is much more difficult to see where the real estate market is undervaluing properties than perusing Zillow (though seeing what properties are renting for and how that changes over time is absolutely vital knowledge). Instead, it’s much more practical to look at longer-term […]
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 5, 2021
Miami has always been a highly-desired city to live in. As the demand for more living space, warmer climates and beach accessibility continues to rise – so does the interest in Palmetto Bay. While the Miami market is in big demand across the whole city, Palmetto Bay has a bit more to offer homeowners – and by that we mean, space. With larger lots and a lower entry point for home sales, Palmetto Bay is an in-demand neighborhood for families, first-time homeowners, and any new transplant to our Magic City. Meet Palmetto Bay This city within a city has always been a favorite among locals for its space, safety, schools, standard of living and more. This low-key neighborhood captures the […]