Best Schools | ILoveSoFla.com

Pinecrest Real Estate – Market Summary for Single Family Homes

July 5th, 2011 by Jennifer Wollmann
Comments: Please leave a comment.

How does the housing market look in Pinecrest half way through 2011? Below are the numbers for single family homes. Note that all of these are going to change a little due to status changes that happen at the end of the month, but are not updated in the MLS until the following month. As of 6/30/2011:

Closed sales: 90. Low of $270,000, high of $4,000,000. 7 were bankowned (REO), 10 are short sales or approximately 19% distressed sales. 57 closed in the second quarter.
Pending sales: 48. Low of $265,000, high of $2,150,000. 3 are REO, 17 are short sales. Almost 42% are distressed sales.
Active sales: 160. Low of $269,900, high of $5,000,000 ($4,999,999 to be exact!). 3 are REOs. 14 are short sales. Only 11% distressed listings. 64 were listed in the second quarter.

What does this mean if you are a seller? If you want to sell your home during the end of the summer buying season, drop your price now. Homes are selling and people are still looking to buy in Pinecrest because of the quality of the public and private schools, parks, and good size lots. If your home needs a lot of work, you are going to have to drop the price even further. Buyers are looking for homes that need minimal updates. If you don’t drop your price now, you are going to have to drop it even further come the beginning of the school year.

If you are a buyer, the numbers mean there aren’t as many “deals” in terms of short sales and foreclosures. Those that are on the market, are priced well, and in reasonably good shape are going to have multiple offers, because there are fewer of them. If you are financing your purchase, you are better off using the numbers to make an offer on a well priced, non-distressed listing.

Tags: best schools, buying real estate, Luxury Real Estate, Pincrest Real Estate, Pinecrest Schools, Selling Real Estate

Miami Palmetto Senior High School To Add Environmental and Science Masters Academy

February 8th, 2011 by Jennifer Wollmann
Comments: 2 Comments »

Miami Palmetto Senior High School will be adding an Environmental and Science Masters Academy to their curriculum this Fall.

The proposed curriculum is as follows:

9th grade – Honors or Gifted Biology, Honors Geometry or Honors Algebra II
10th grade – Honors or Gifted Chemistry, AP Environmental Science, Honors Algebra II or Pre-calculus or Analysis of Functions
11th grade – Two of the following science courses – AP Chemistry, AP Biology, AP Physics, Honors Marine Biology, Honors Anatomy/Phisiology or Honors Solar Energy and Pre-Calculus, AP Calculus AB or BC or AP Statistics
12th grade – Research 4 or Honors Solar Energy and AP Chemistry, AP Biology, AP Physics, Honors Marine Biology, or Honors Anatomy/Physiology; AP Calculus AB or BC, AP Statistics or Multivariable Calculus/Differential Equations.

Considering that MPSH’s AP Environmental Science passing rate last year was 90%, compared to about a 40% national average, and that MPSH won the Lexus Eco Challenge and moves on to the Final Challenge, the new Masters Academy should prove to be a challenging yet fun program for students who want to excel in the environmental science field.

No wonder MPSH is one of the top rated schools in Miami-Dade County.

Tags: best schools, Pinecrest, Pinecrest Schools