Lani Drody and Carrie Foote of Lowell International Realty just completed the sale of 6640 SW 129th Terrace - a single family home in Pinecrest situated on a lush lot. The home has four bedrooms and interesting features. The kitchen and family room both contain brick accents, the most notable of which is the family room fireplace. The final sale...
Continue Reading >
Here are some quick stories and listing updates to get you through the weekend - Happy Friday:
Housing Market Improvements
Merrill Lynch put together a video detailing the recent real estate market improvements. Here's their abstract:
"The U.S. housing market has been a bright spot in the current recovery. Our top housing expert outlines three reasons behind the momentum, and points to the...
Continue Reading >
3670 St Gaudens Road is an Old Spanish style home in Coconut Grove with a lot of historic charm. The home was listed for sale in the last few days of January and was just sold in a cash deal yesterday by our very own Carrie Foote. The home sold quickly, considering that it's not quite move in...
Continue Reading >
Last week we were pretty quiet, but that's because everyone in the office was busy working hard! As you'll see in the next few days, our agents have been busy closing transactions and listing new properties. Our most recent closing was 6509 Riviera Drive in Coral Gables. This home is a 4 bedroom, 3.5 bathroom property with just...
Continue Reading >
Here are some quick stories and listing updates to get you through the weekend - Happy Friday:
1 - Stucco & Snails
Giant African Land Snails are invading Florida. They can get fairly large and they like to feast on stucco - it strengthens their shells. Homeowners beware. They aren't native to the area so these snails could cause some trouble.
"Florida has...
Continue Reading >
During the most recent recession, we observed a downturn in the real estate market that started as home builders halted construction. As buyers lost confidence, builders were forced to reevaluate plans to build out new construction homes and shortly thereafter, residential re-sales slowed. Home values were on the decline.
As the market recovers, we've seen residential resale volume and prices increase...
Continue Reading >
Fantastic Home Wanted:
SOUTH GABLES | PINECREST | PALMETTO BAY | SOUTH MIAMI
We have a well qualified buyer looking for a home in Pinecrest, Palmetto Bay, South Coral Gables, or South Miami. The ideal home could be move in ready or need work, as long as it matches the criteria below. If you know of any property that fits this description, please contact...
Continue Reading >
The first quarter is over and as we transition to the spring season, one thing is still abundantly clear when it comes to real estate. Inventory will determine the fate of the market. Excuse me if I sound like a broken record, but it has to be said, because in many markets constrained inventory is driving the demand.
1. Housing Inventory...
Continue Reading >
I just previewed a townhouse located at 3162 Oak Avenue in Coconut Grove. The property is listed by Coral Park Realty. 3162 Oak is a 2500 square foot property priced at $569,000. The asking price works out to about $228 per square foot which makes it an excellent value for an interested buyer. Considering that the average price per square...
Continue Reading >
Snapper Creek Lakes is an exclusive guard-gated enclave in South Coral Gables across the street from Fairchild Tropical Gardens. The small community offers 124 luxurious residences situated on generous acre plus lots. The community is named after the three main bodies of water within its boundaries: the Snapper Creek Canal (which meets Biscayne Bay), the Elbow Lake and the Finger...
Continue Reading >
