market

August 2, 2022

State of the Market: Palmetto Bay + Pinecrest

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 […]
May 31, 2022

What to Expect in the Miami Real Estate Market

Miami is known for its iconic beaches, its status as the capital of Latin America, and its burgeoning tech scene. This adds up to a strong real estate market, however, there is more than meets the eye when it comes to Miami’s real estate.  A true hotspot longtime residents, new transplants, and business owners looking to either expand into or from Latin America, Miami-Dade is on a continuous uprise and has been that way for some time. If you’re considering moving here, one thing is true; you should know these Miami real estate trends happening in 2022: Miami’s Booming Rental Market Two-thirds of Miami residents rent, a rental rate rivaling that of New York City. This is partially due to […]
April 6, 2021

What’s a Starter Home – Do You Need To Start There?

Starter home vs. forever home? If you’re a first-time home buyer you may be stuck in this mystifying gray area. You know you want a home. You know your price range and your ideal locations. But you just don’t know if you want to settle for a home that might just be a step in the path toward another home, or if you want to seek out that home that you can call yours for the rest of your life. There’s no right or wrong answer. It’s a matter of circumstances, numbers and preferences. It’s a matter of where you’re at and where you want to be. Even armed with all the facts and info, it doesn’t always make it […]
February 16, 2021

What the Market is Saying So Far in 2021

Miami ranks among the top real estate markets in the U.S. and that trend will continue through 2021. Even with the inevitable hit from COVID, the market rebounded and continues to rise. The forecast is looking great for growth. Although you might be paying more for a home in the Miami area, it’s still a very solid investment and any fears of a housing bubble are unfounded. Growth and demand As always, supply and demand will continue to be a major factor in Miami real estate. The demand will increase as the population is predicted to continue to grow at a rate of 1.53% throughout Florida, setting the stage for home prices to increase. Property prices increase With an increased […]
June 18, 2014

Just Listed: Gorgeous Palmetto Bay Estate

   14045 SW 72 Avenue, Palmetto Bay, FL I just listed a magnificent 6,895 square foot home in Palmetto Bay on a low traffic street. 6 bedrooms/5 bathrooms plus an office, on a sprawling 1.17 acre lot. Expansive formal dining and living rooms. Soaring ceilings provide an abundance of natural light. Updated kitchen with stainless appliances, marble countertops, chef’s island and breakfast area. Marble tile and wood floors. Beautifully landscaped backyard is a private oasis with beach entry pool and covered patio. Impact glass throughout. Beautiful fireplace. Generator. Walled and gated, with a 3 car garage. Surround sound throughout interior and exterior. Listed for $2,300,000 Interested in scheduling a showing, or considering selling your home? Contact me for a complimentary […]
November 5, 2013

Under Contract in 4 Days

13802 SW 83 Avenue My team and I listed a wonderful home in Palmetto Bay this past week, and we received a flood of activity. The home went under contract in just 4 days! This light & bright, Palmetto Bay home with contemporary flair, boasts 3 bedrooms and 2 bathrooms, with over 2,500 sq ft. Spacious formal living & dining rooms. Laminate and marble flooring. Kitchen has lovely white cabinetry, stainless appliances and opens up to a breakfast nook.  Family room off the kitchen is the perfect spot for casual entertaining. Good size master bedroom with large walk-in closet. Currently garage is used as an office/ bedroom, easy to convert back to 2 car garage. Large covered patio, pool. Close […]
June 11, 2012

New Listing in Palmetto Bay

15700 SW 87th Avenue The Kern Team just listed another wonderful home in Palmetto Bay! This 4 bedroom/2 bathroom home is over 2,100 square feet and is beautifully updated! Newly renovated kitchen has granite countertops, stainless steel appliances, and even an island for extra counter space. Tastefully redone bathrooms, along with tile and wood floors, make this home perfect for anyone looking for move-in ready! French doors lead you out of the large living room to a screened and covered patio overlooking the over 14,000 square foot lot. Plenty of parking with a side entry two car garage, and even room on the lot for a pool and boat! To view more information and photos about the property, please click […]
May 29, 2012

Successful Beginning to 2012

My team and I have had a very successful beginning to 2012! We’ve taken on 21 new listings, averaging one new listing a week; and closed 33 transactions, averaging one closing every five days. We love the activity, and so do our clients. Even with this success, we still have time for, and are always looking for more business Our team’s activity is proof positive that the article in the Miami Herald on May 23, 2012, entitled “Real Estate Sees Jump from Slump”, is absolutely correct. I suspect we will be seeing more articles and comments about the market picking up substantially in South Florida. As the saying goes, “If you want something done, ask a busy person to do […]