Tips to make your real estate buying experience a smooth one
Location, Location, Location! This house is walking distance to South Miami plus:
– Updated kitchen with stainless steel appliances, gas stove, granite counters,
– Newer roof and septic tank
– Hurricane shutters
– 3bedroom/2 bath/1 car garage
$450,000. 7925 SW 55 Ave., details
Several articles in newspapers this week plus the Case Schiller index, help to illustrate the importance of remembering that real estate is local. Just because national housing news is negative, does not mean that is the case in Miami!
Miami real estate prices appear to be stabilizing and in some areas are actually starting to creep up.
Active Rain’s Real Estate Recovery Survey show that agents in the Miami-Ft Lauderdale market believe the real estate market in their areas are improving. What do you think?
Data provided by ActiveRain.com. Join 215,590 Real Estate Agents on the world’s largest Real Estate Social Network.
Home prices in Florida are up according to Florida Association of Realtors January Housing report. The same holds true for the Miami real estate market. Inventories have been decreasing steadily, as can be seen in the graph below.
The Jade is a beautiful, modern, waterfront building that is walking distance to all of the activity on Brickell Avenue. Built in 2004, the Jade has amazing resort-like amenities including a spectacular infinity pool, state-of-the-art gym, entertainment rooms, private elevators to your residence, and views galore.
The Jade was one of the first luxury buildings completed during the boom and provides a great historical perspective of the boom, bust and now rebound of Miami real estate. There are currently 23 units listed for sale out of a total of 326 units. The average price listing price per square foot is $629. In 2004 the average price per square foot of units sold was $540 and at the height of the market ini 2007 it was $805.
Approximately one-third of the building is still owned by original buyers who purchased in 2004 and 2005. That fact, coupled with the fact that the majority of the sales that took place in 2008 and 2009 were cash purchases, results in a very stable condominium association.
The 49th annual Coconut Grove Arts Festival is just one of the many art festivals and events that take place in Miami. We have art walks in a variety of neighborhoods (Coral Gables, Coconut Grove, Little Havana, Wynwood)throughout the year, the Beaux Art Festival, Art Basel, and many other satellite fairs. If you are an art lover in town for the festival and are considering a real estate purchase, here are some areas to consider
Coconut Grove
Coral Gables
Miami Beach
Brickell
Wynwood/Midtown Miami
Aventura/Sunny Isles
The 49th annual Coconut Grove Arts Festival is just one of the many art festivals and events that take place in Miami. We have art walks in a variety of neighborhoods (Coral Gables, Coconut Grove, Little Havana, Wynwood)throughout the year, the Beaux Art Festival, Art Basel, and many other satellite fairs. If you are an art lover in town for the festival and are considering a real estate purchase, here are some areas to consider
Coconut Grove
Coral Gables
Miami Beach
Brickell
Wynwood/Midtown Miami
Aventura/Sunny Isles
If you are visiting Miami for the International Boat Show, welcome. Whether you are here for the first time or have been here often, if you are here for boats check out the marina resources on the right hand side of this blog. Interested in properties that are close to marinas? How about homes with their own dock? Boating around Miami, to the Bahamas or beyond is just one more reason I Love So Fla!
If you are visiting Miami for the International Boat Show, welcome. Whether you are here for the first time or have been here often, if you are here for boats check out the marina resources on the right hand side of this blog. Interested in properties that are close to marinas? How about homes with their own dock? Boating around Miami, to the Bahamas or beyond is just one more reason I Love So Fla!
If you purchased a primary residence in 2011, you may qualify for homestead exemption. The homestead exemption may reduce the amount of property tax you pay, but the deadline to apply is approaching and if you do not apply by March 1, you will have to wait until January of next year. You can even file online