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Village of Pinecrest – Mayor to Give State of the Village Address
Mayor Cindy Lerner will be giving her State of the Village Address on Thursday, January 20, 2011 at 7:00 p.m. in the Banyan Bowl at Pinecrest Gardens.
One of her announcements will probably include the capital improvements taking place at the Banyan Bowl, which will be hosting its first Jazz in the Gardens Concert, featuring the Rodriguez Brothers, on Saturday, January 29, 2011. The Community Foundation of Pinecrest is assisting with the Banyan Bowl Capital Campaign to raise the necessary funds.
Miami Real Estate – Thinking of Selling, Now is the Time. Thinking of Buying? Now is the time.?!
How can it be both the right time to sell and the right time to buy? Usually, if it is a seller’s market, prices are high and inventory is low. If it is a buyer’s market, it is the other way around. We currently have enough overall inventory of single family and condos in South Florida to make it a buyers market so, if you are a seller, you may think of holding off until the inventory decreases. If you have the holding power, you are right. If you need to sell, but were thinking of holding off for the Spring, read Steve Harney’s blog, Oswald Acted Alone and We Did Land on the Moon.
If you are a buyer and read the blog, you will be tempted to hold off, figuring prices will fall further and you could get a better deal. The difference is that with a home buyer, unless you are purchasing with cash, the cost of the home is often more important than the price. Another great Harney blog, 3 Questions You Must Answer Before Buying a Home, can help you determine if you would be better off waiting until the end of 2011 or purchasing now.
Remember, real estate is hyper-local and your specifications for a home or investment property, may be completely different from what is going on in a city, county, state or nationally. Some areas experienced less price decreases, short sales, and foreclosures than others.
Miami Beach – Last Day of Art Deco Weekend
Flamingo Plaza - 1051 Meridian Ave.
Today is the last day of Art Deco Weekend on Miami Beach. Take advantage of our glorious Miami weather (Boston had a high of 26% yesterday) and head to the beach to learn about our backyard. Events and tours start at 10:00 a.m. so if you are a football fan, you still have plenty of time to tour and get home for the Patriot/Jets game at 4:30. Or better yet, enjoy it at one of the many restaurant/bars, such as the Clevelander, Big Pink or just about any other bar on the beach!
FHA Loans – Minimum Credit Scores Reduced
- Credit score 500 – 579 allowed with maximum 90% LTV
- Credit score 580 – 599 allowed with maximum 95% LTV
- Credit score 600 – and higher allowed with maximum 96.5% LTV
Miami Real Estate – New Year Update
The inventory for single family homes in Miami-Dade County has inched up in the first few weeks of 2011. There were 971 single family homes that closed in the month of December, but 723 new listings have increased our inventory from 7591 at the end of December to 8314 as of today.
This increase is not unexpected as foreclosures were put on hold while being investigated, and many homeowners don’t want to deal with showing their home during the holidays.
Miami Commercial Real Estate – Retail and Shopping Centers
Florida Living – Swimming in January?
While the northeast digs itself out of yet another snow storm, Florida was the only state in the U.S. to not have snow on the ground. Not only that, our water is nice and warm (unless you are a Floridian)!
Miami Beach Ocean Front Condo
Direct Ocean View
This is not a view that you have to crane your neck to see, but rather the beautiful ocean and beach that is seen from every window in this updated 1 bedroom 1.5 bath at 5601 Collins Ave., in Miami Beach. Walk along the beach during the day, then down the street to Don Shula’s Steakhouse. Plenty of shopping nearby at Bal Harbour or hop in a cab for a short ride to the Fountainebleau
Commercial Real Estate – Why the Big Secret?
It is amazing to me that so many commercial real estate agents like to keep their listings a secret. Instead of posting their listings on the MLS, or having their own commercial MLS if they want to keep it separate from residential real estate, they post their listings on their own sites. If they do post them on a site, they post them under the “private” or “premium” listing, which requires a monthly membership in order to view.
In this age of information, when everything is on the internet and the majority of people searching for anything start their search there, wouldn’t you want your commercial listing to get the most eyes possible? The more eyes, the more likely you will get an offer.
I applaud the commercial realtors who use the most media possible to market their listings. I post my listings everywhere, blog about them, put up signs, put them on Facebook and do everything else possible to get the most people to look at my listings.
City of Miami Traffic Light Camera Locations
With local economies in the tank and municipalities hurting for income due to lost revenues, many cities are putting up traffic light cameras to help them catch drivers that run red lights, block intersections, or don’t make a full stop before turning right on red.
Aventura is notorious for its high fines. The City of Miami is about to join the ranks.
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