Real Estate
September 13, 2022
As we move into the fall of 2022, the Coral Gables market is continuing to trend upward. Fall of 2021 into winter of 2022 saw pricing swings in both directions. However, we are back on the steady upward track we were seeing for much of last summer. The median sale price in the area is $950K, which is up 8.6% year over year. Homes are being sold in about 32 days on the market compared to 63 days during this same period last year. The number of homes sold, however, is down 35.4%: 104 homes were sold in June of this year, while it was 161 in June of 2021. What Does It All Mean? The data suggests we are […]
September 6, 2022
After 2008, it’s normal for buyers and sellers to feel a little skittish about less-than-ideal market conditions, but 2008 was (hopefully) a once-in-a-lifetime event. The next recession, whenever that may be, will very likely not be as damaging for real estate (as a whole). So, as of right now, there’s no reason to panic – but there is reason to be concerned. The best way to avoid worrying about what is going on in the market is to have the best listing in your neighborhood. Here’s how to outshine the competition when you’re selling your Miami home in a down market. Price Your Miami Home Right From The Start You only make a first impression once. So once you are […]
August 16, 2022
If you live in Miami, impact windows are a must. Impact windows are made of impact-resistant glass and are held in place by a strong frame. They are designed to help protect your home from damage during a severe storm or hurricane. What’s more – not only will they protect your home and your family during hurricane season, but they will also help keep your energy bills low by keeping your home cool in the summer. Here are some other reasons why impact windows and doors are so important if you are buying or selling a home in Florida: They Increase the Value of Your Home If you are selling your home, impact windows will increase the value of your home. […]
August 9, 2022
Back on the 1st of June, every business dusted off their marketing material for hurricane season and shared it again. Besides Irma in 2017 (as Irma was a glancing blow), we haven’t had a real landfall since 2005. What that means is a lot of folk – anyone who moved to Miami since 2006 – doesn’t know what is coming when a hurricane is on the way (and those of us that have been here our whole lives could use a reminder too). While no one can predict the future, it’s always better to be prepared than take any chances on what-ifs. So, how can you be sure your home is best prepared for this year’s hurricane season? Here are a […]
August 2, 2022
Heading south on US-1 has been a growing trend in real estate for the past couple of years. Because of this, the state of the real estate market in Palmetto Bay and Pinecrest has been leaning heavily towards the sellers since early 2020. Now, as interest rates are rising, what’s most interesting is how little has changed. Currently, there are 112 properties for sale in Pinecrest and 91 in Palmetto Bay. Housing Inventory in Palmetto Bay & Pinecrest The level of inventory is up from last year, but still well below pre-COVID levels of inventory (low inventory typically drives up prices). Homes in Palmetto Bay are currently selling with a median sale price of $1,017,000and Pinecrest homes are going for a median price of $2,623,000. These are both still […]
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. […]
June 7, 2022
It’s no surprise Miami attracts people from all over the world – the beautiful waters and sunny weather make for the perfect place to settle into a vacation home (or a forever home!) If you’re looking for a vacation property in South Florida, here are some recommendations for top areas to begin your search: Miami Beach A fashion and entertainment capital, playground for celebrities, and oasis for travelers, Miami Beach is the ultimate vacation destination. From 5-star restaurants to gorgeous beaches, there is an unending variety of attractions that will leave visitors and vacationers wanting more. The area is the perfect combination of luxurious and fun. Most vacationers and beach lovers prefer to walk or ride a bike as their main mode of transportation – and with […]
May 10, 2022
Miami real estate has whatever you are looking for (unless you’re looking for mountains) and can suit just about anyone’s taste. From the beautiful ocean views to the rich culture that inhabits every nook and cranny, Miami has earned its global city status. While it is no secret that the palm tree-laden paradise is a sought-after destination – even more sought-after since COVID – many people come here because of the exceptional neighborhoods, towns, and suburbs most tourists don’t often hear about. To describe all of Miami-Dade County succinctly is pretty much impossible, which is why we would much prefer to show you: 4340 SW 10 STMIAMI, FL 33134 $999,000 Beds: 3 Baths: 1 Sq. Ft.: 1,098 Restore this gem to […]
April 26, 2022
It can’t be stressed enough – if you’re buying a home, knowing what financing you can qualify for is the first step to getting the house you really want. One of the worst sensations (especially in this market) is to find your dream home, get your offer accepted…only to lose it when the financing falls through. If you are planning to get a mortgage to finance your new home purchase, getting pre-approved (not just pre-qualified) is an essential step to not only get the result you want, but also to line you up to get your offer accepted. Here’s our take on why it’s so important to be pre-approved for a mortgage when buying a home: First, You Don’t Need […]