miami real estate

December 17, 2024

How Do Negotiations Work After a Home Inspection?

Many home buyers underestimate the importance of a home inspection. This crucial step in the home buying process could have a major impact on the property’s final sales price. It’s easy to forget that what looks completely fine to the untrained eye could turn out to be serious trouble when inspected by a trusted expert.  If your inspector uncovers problems with the home, you can factor these additional expenses into your negotiations. However, you still want to be reasonable with the seller assuming you still want the home.  Before we explain how to approach these conversations, let’s go over what constitutes a severe issue in need of fixing. What is a Home Inspection? During a home inspection, a professional inspector […]
December 14, 2024

Our Holiday Gift Guide for New Homeowners

Buying a home is undoubtedly worth celebrating, but finding the perfect gift for a new homeowner can be difficult. It’s not just about figuring out which household items your friend needs most. It’s also about making their home feel more welcoming, helping them express their personality, and ultimately facilitating a smooth transition into this new space.  With that in mind, here are a few tasteful and useful gifts for that new homeowner in your life: Our 2024 Holiday Gift Guide for New Homeowners For the one from another era: Buying a home in Miami is living the dream, and nobody captured that lifestyle better than iconic photographer Slim Aarons. When house guests see this great coffee table book, “Slim Aarons: Style” […]
December 10, 2024

How to Know if Your Home is Priced Right

When it comes to pricing a home for sale, the goal is to strike a balance between underpricing and overpricing. This sounds obvious, but it can be difficult since there are so many factors to consider in a home valuation. Finding the right price for your home takes some research but it’s surely worth the effort. If you price your home correctly right off the bat, you’ll attract more buyers and increase the likelihood of a fast sale.  Here’s how we make sure your home is priced correctly: Research the Comps Comps – or “comparable” sales in your local real estate market – are recently sold homes with a similar size, age, and layout to your home. Understanding the comps […]
December 3, 2024

State of the Market: South Miami

The South Miami housing market remains fairly competitive, with plenty of homes on the market but fewer homes sold compared to the past six months. Inventory is up by nearly 40% in South Miami, a stronger sign of a buyer’s market that we haven’t seen since before COVID. From a seller’s perspective, this suggests you should make sure your home doesn’t stay on the market for too long. South Miami Home Prices In September of 2024, the median listing home price in South Miami was $557 per square foot, putting it in the same range as nearby Coral Gables. That’s also 6.1% increase since August 2024, but within the same general ballpark as the summer and spring. How Quickly are […]
November 26, 2024

What is a Seller’s Market?

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 […]
November 12, 2024

Can You Back Out of Your Real Estate Contract?

Buying or selling a home is a life-changing decision. So, it’s no surprise that sometimes, a buyer or a seller will suddenly change their mind and decide to back out of a signed real estate contract, or home purchase agreement.  Can someone legally do this? The short answer for both parties is yes. But whether you’re a buyer or a seller, canceling a real estate contract can come with a few consequences. In some cases, you could run into serious financial and legal implications.  Can a Buyer Back Out of a Real Estate Contract? As a home buyer, yes, you can back out of a home purchase agreement. What happens next, however, is determined by the terms and conditions of […]
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 25, 2022

Condo vs. Single-Family Home: Which is the Right Move for You?

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 4, 2022

Miami’s Best Kept Secrets: Our Favorite Local Spots Around Town

It’s officially wintertime in Miami, and unlike the North with snow and brutally cold temperatures, we get to spend January enjoying our city to the fullest – especially as the winter months bring about some favorite seasonal eats and activities. Did we mention that we can stay nice and warm while we do it, too? It’s no wonder why Miami is the envy of the country!  This season, we would be remiss if we didn’t share some of our favorite spots and activities that are fun for the whole family.  Miami’s Best Kept Winter Season Secrets:  1) Knaus Berry Farm:  Started in 1956, Knaus Berry Farm is a local favorite that we all keep going back to year after year […]