I love Sunday mornings. As a good Argenintean I enjoy my mate and I love to take my time and read the paper. Well, two weekends ago I bumped into an article in the New York Times which was mentioning predictions by Ian Shepherdson of High Frequency Economics. by Gretchen Morgenson. I was glad to read that October's employment numbers rose more than expected and that Mr. Shepherdson predicts that credit will thaw and small businesses will start hiring. What does this...Continue Reading!
Archive for November, 2010
As I mentioned in recent blogs, real estate activity in Aventura , Sunny Isles and Bal Harbour areas has started to pick up. And now that we are at the onset of the high season I would like to focus on a building that I like very much. Yesterday, after I finished playing a tennis game in Williams Island I stopped by Bella Mare to say high to a customer of mine. This building, me with its luxury style and welcoming atmosphere,...Continue Reading!
The foreclosure property located at 60 Casuarina Concourse (listed by ReMax) in Gables Estates sold recently for $3,055,000. It featured 4,595 square feet of living area and 3 bedrooms, 4 baths. $3,055,000 for a waterfront home in Gables Estates means that the home must have sold for land value. The house was located on a 37,917 square foot lot. The property came on the market in September of 2010 at a price of $3,559,000 and went under contract 30 days later. This is...Continue Reading!
High Pines has been fairly active this year with 23 closed sales to date. Of those 23 closed sales, 10 sold for over $1,000,000 and 13 sold for under $1,000,000. The average sale price for the 13 closed sales was $490,000 while the average sale price for the remaining ten homes over a million was $1,375,000. These numbers really highlight the difference in inventory consisting of older homes as compared to the $1,000,000 and up homes built within the last three years (2007...Continue Reading!
I am looking for a listing somewhere in Broward County. I'm most definitely looking to find a seller who needs a listing agent for his or her home. Call 954-817-9930 and ask for Lindsey Penn, PA if you are in need of a listing agent and are a seller. All areas in Broward County interest me and Weston, FL especially; the Lakes, North Lakes, Savanna, San Messina, The Landings, The Ridges...you name it. I am experienced in doing open houses and would most definitely...Continue Reading!
I want to thank everyone who came out last night to Greenstreet for my Grove Real Estate Talk, it was by far the biggest crowd we have had since we began holding these events more than 2 years ago. I was impressed with the wide range of our audience which came from as far north as Miami Beach all the way down to Pinecrest. I enjoyed talking with each and every one of you and hope that you found the night informative. Here are a few...Continue Reading!
The owners of 5450 SW 72 St. (known to everyone as Sunset Dr.) have requested a zoning change from single family to semi-professional office district. This change is incompatible with the family neighborhood in High Pines & must not be allowed to happen. Once one change occurs it becomes easier for a second to happen & before you know it Sunset Drive will look like Bird Road. Take time to look at the nice homes adjacent to 5450 Sunset Dr....Continue Reading!
It's that time of year again Miami, Art Basel is almost upon us, official dates are Dec 2-5, 2010. Driving to the Venetian Islands today, I saw an installation of pink snails in front of the Miami Beach Golf Club. It flashed me back to 1983 and Christo's Surrounded Islands. The Art Basel nuances on our local landscape are always welcome!Continue Reading!
As you know I am a numbers guy and I like to track the trends and analyze the figures. Here are some interesting stats that I just pulled up for a client of mine looking to buy in Coral Gables. The average "List Price Per Square Foot" of homes currently on the market in Coral Gables is $412.00 per foot. When you take a look at the "List Price Per Square Foot" for the homes that actually sold, it is a much...Continue Reading!
I just listed a great home in South Miami located at 6250 SW 79th Street. The home was built in 2007 and has exceptional finishes to satisfy any buyer. The home features a formal living and dining area, chef's kitchen with high end appliances and a commercial grade gas range, over 14,000 square feet of land, an exquisite master bath, custom fireplace, crown moldings and ceiling inlays. We will be holding a catered Broker's Open at the home this Wednesday, November...Continue Reading!