Things To Do

The Round Up Has Great Concerts For Cheap!


Okay, so you don’t really think of country music when you think of Miami.  We are more well known for the house and trans music played by DJs at our great clubs or at Ultra and the Winter Music Festival.  However, if you are a country music fan or just want to try a different scene, head to the Round Up Country and Western Bar in Davie.  They have a large dance floor and their stage gets the live performers literally in with the crowd.


Things To Do

Excercise Your Right To Vote!

If you did not wait in line for early voting or request an absentee ballot, make sure you take the time to vote today.  My daughter was so excited to be able to vote for her first time, I hope all registered voters feel the same!

Neighborhood News Pinecrest

November is Carnival Time At Pinecrest Schools

For fun, inexpensive ways to spend time outdoors with the kids, head to the Village of Pinecrest schools for their carnivals.

Pinecrest Elementary’s Wild West Fest is this Saturday.  Howard Dr. Elementary is also having theirs this Saturday from 10:00-4:00.



Palmetto Elementary has their Jungle Jamz on Saturday, November 17 from 11-4.






Florida Life

Happy Halloween!


How To Track Your Absentee Ballot

Many voters in Miami-Dade County are voting by absentee ballot due to the long (9+ pages!) ballot and resulting long waits at the polls.  If you want to track your absentee ballot, go to

Commercial Real Estate Investment Real Estate Luxury Real Estate Selling

Miami Real Estate: Foreigners Continue To Invest In South Florida

In case you think that the investment in Miami is starting to ebb, there is an article in today’s Business Monday about Fort Capital Management, a private equity firm, buying up prime South Florida real estate.  Their most recent purchase it the Surf Club in Surfside.

Miami-Dade’s strong rebound in the tourism industry is driving up sales of hotels and fueling construction.

Florida Life Things To Do

Don’t Let Sandy Ruin Your Weekend…Still Lots To Do!

1.  Movie screening of “Last of the Haussmans” at Coral Gables Art Cinema [youtube width=”425″ height=”344″][/youtube]

2. Early voting starts Saturday.  The ballot is long, so know how you are going to vote on everything before you go so you don’t add to long lines.  Pack your patience!

3. Deering Estate’s Wine On Harvest Moon is Saturday night.

4.  South Florida’s Jazz Orchestra’s,  Great American Songbook is at Pinecrest Gardens on Saturday night

5. Fort Lauderdale International Boat Show is going on Friday-Monday.  Fireworks and flyover scheduled for Sunday.

6.  Gables Bike Day is on Sunday from 10 a.m to 4 p.m




Buying Florida Life Hurricanes Investment Real Estate Luxury Real Estate

For Florida Real Estate, Homeowners Insurance May Be A More Important Issue Than Taxes

I attended a very informative windstorm insurance session at the Miami Realtors Association this afternoon.  The presentation by Lee Gorodetsky, The Home Insurance Guru and President of L & S Insurance, was my third insurance update of the year because that is how much of a moving target Florida insurance has become.

So why is property insurance a more important issue than taxes in South Florida?  It is not because hurricane Sandy is churning off the coast of our neighbors in the Bahamas.  It is because we only have a sales tax and property tax, no state income tax and Citizens, what has been the major insurer in Florida, is so grossly overexposed that it is changing all of the rules to minimize it’s exposure if The Big One hits.

In Miami, property insurance prices for a primary or secondary home range from 1-3% of the replacement cost of the home, calculated by multiplying the living area square footage by $135 for an average standard home.  Luxury homes would use a higher dollar amount.  The 1% is for homes built after 2006 that receive all of the current wind mitigation credits.  Most homes are closer to the 3% range.  Property insurance runs at about 2% of the purchase price and as long as you have homestead exemptions, it cannot go up more than 3% or CPI per year, whichever is lower.

The rates on Citizens insurance are expected to increase dramatically next year to raise money to try to close the gap they have between their reserves and their risk exposure.  They will also be dropping an estimated 300,000 policies, mostly in south Florida.

There are three amendments relating to property taxes on this November’s ballot and not one amendment addressing insurance.

Related Post:  Hurricane Insurance:  Will It Be The Next Shoe To Drop In The Recovering Real Estate Market

Luxury Real Estate Neighborhood News Pinecrest

Welcome to Pinecrest, Zo and Tracy!

Welcome Home!

The Mournings sold their home in Coral Gables and downsized to the Village of Pinecrest.  The Mournings join several distinguished residents who call Pinecrest home.


Repairing Your Credit After a Short Sale or Foreclosure

Last week I wrote a blog about how a short sale can affect your credit.  Today I heard some interesting information from Chris Colston, with Second Chance Credit, that I would like to share.

  • Nationally, there are approximately 14.9 million customers with underwater mortgages.
  • Many of these will end up short selling their homes or having them foreclosed on.
  • If you do a short sale, your credit will be hit between 60-150 points depending on your credit.  Ironically, the better your credit, the more you will be hit.
  • Due to housing crisis, many creditors are looking at an individuals credit history.  If the only blemish is a short sale, they may still lend money.  If there are other blemishes, such as late mortgage payments or maxed out credit cards, they may not.
  • If you are considering a short sale and have not missed a payment, DO NOT stop making payments.  Banks are working with short sales with mortgages that are current, and it will affect your credit more if you stop making payments.  Up to 110 points on top of those you will get for the short sale.

If you would like help to get your credit back on track, contact Chris.