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Victor Mills

Weekly Report for Pinecrest, Palmetto Bay and Cutler Bay Real Estate

Nov 4th 2009
hi

Here’s the sales activity from our local MLS from last Wednesday, Oct. 28, 09 through last night, Tuesday, Nov. 3, 09.
Village of Pinecrest
As of last night Pinecrest has a total of 189 single family homes for sale. Only one is a foreclosure…
Notice the pattern? In each area, short sales out number the foreclosures when [...]

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Victor Mills

Weekly update for Pinecrest, Palmetto Bay and Cutler Bay

Oct 26th 2009
hi

Real estate market activity reported on our local MLS for 10/18/09 through 10/26/09  for the Village of Pinecrest, the Village of Pametto Bay and Cutler Bay. There’s a small window of opportunity for sellers right now while there’s little competition with foreclosure sales and the holiday season approaching.

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Victor Mills

Foreclosures in Pinecrest, Palmetto Bay and Cutler Bay

Oct 19th 2009
hi

Home values have been affected by foreclosures. Unless you’ve been on an extended vacation to Mars, you’re fully aware of this by now. You’re probably also aware that a housing recovery may not be a steady return. It’ll more than likely take a winding road back.
Here’s some current facts regarding foreclosures in the Village of Pinecrest, the Village of Palmetto Bay and Cutler [...]

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Victor Mills

September data for Pinecrest, Palmetto Bay and Cutler Bay

Oct 16th 2009
hi

September numbers are in. Here’s a quick comparison of how September 2009 compared to September 2008.
In Miami-Dade County, there were 46.2% fewer single family homes for sale at the end of September 2009 than there were at the end of September 2008, and there were 33.7% more sales recorded in September 2009 than there were in September 2008. The [...]

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Victor Mills

Public Schools in Pinecrest, Palmetto Bay and Cutler Bay

Oct 7th 2009
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The Village of Pinecrest and the Village of Palmetto Bay have been known for great schools. There are some residents that moved to these areas just to be in those school districts.  
According to the  A+ Plan for Education, schools are assigned a grade, primarily based on student achievement data from the FCAT. The grades are calculated based [...]

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Victor Mills

REO’s and Short Sales

Oct 6th 2009
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Buzz words that still make a buyer’s heart skip a beat… REO’s, Foreclosures and Short Sales. They’ve been around in large numbers for a while now.
No one disputes the fact that property values have declined. There’s not a whole lot of argument as to why it happened either. The 30+ % increases we were enjoying before April 2005 just [...]

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Victor Mills

Affordable home with 2 master bedrooms

Oct 4th 2009
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Looking for a house to accomm0date more than a family of four is easy enough these days.
Finding a place with 5 bedrooms  if you’re budget and credit scores are high, still easy enough. Houses for sale in SW Miami Dade are still plentiful, though they’re disappearing much quicker now and competition for each is growing.
Finding a home with 5 [...]

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Victor Mills

Will housing prices continue to drop?

Jul 11th 2009
hi

The answer is yes.  In fact, they’re dropping daily, just like they always have. Asking prices that is. Most sellers start out at a price just higher than buyers are willing to pay to test the market trying that higher asking price first, hoping to get lucky.

When no offers come they drop their price, timed [...]

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Victor Mills

Palmetto Bay Beauty

Mar 21st 2009
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In our every day rush to get things done, we only notice things when they stand out.
The obvious things; hard to miss things. . . .

Once in a while circumstances cause us to slow down. Something catches our eye.  Something not so obvious but in one way or another,  very striking.
This is the case of a house that just came on the market. It’s [...]

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Victor Mills

Homestead’s Waterstone Communities

Jun 9th 2008
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The five years prior to April 2005 while our seller’s market was working overtime, we were all enjoying over 30% property value increases a year. Our limited supply of land led to planned unit developments, which were rather popular with first time home buyers. Developers were purchasing land and farm land in the City of [...]

Authored by Victor Wayne Mills | Print This Post | 6 Comments »

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