As we close out the third quarter here in the Coconut Grove real estate market, the number of single family home sales is down slightly from the same time last year which is largely due to the lack of inventory. We have also seen a slight decrease in the average sale price of homes sold in the Grove from $816,335 in 2011 to $800,000 in 2012. I would say that these small fluctuations are minor and mainly show us that the market has stabilized. ...Continue Reading!
Real Estate News Category
In most markets in the country, Labor Day is the official end of summer because children are back in school and the weather starts getting cooler. Along with students settling in their seats, the real estate market also starts to slow down since parents try to make their move to align with the start and end of school. As anyone who lives here will tell you, Miami is not like most cities in the country about anything and real estate is...Continue Reading!
I know that Labor Day is a celebration of the American worker and the huge contribution labor makes to the prosperity and success of our country. I didn't remember much from my history class about the history of Labor Day, so I looked it up. Interesting, but then I came across Thebar.com Labor Day Drinks and spent way more time on that site. Based on the number of reviews, I thought about trying the Bulleit Bourbon Lemonade. I reconsidered because...Continue Reading!
Located on Red Road between Coral Oaks Tennis Club and Pinecrest Gardens, Criterion Estates was developed between 1996 and 2001. There are a total of 7 two-story homes that range in size from 5,200 square feet to over 8,000. The lots are 22,000-32,500 square feet and have beautiful landscaping. The last sale was in 2009 for $1,555,000 or $263.47 per square foot.Continue Reading!
In the Home and Design Section of the Miami Herald this Sunday, you'll find a large quarter page ad placed by the Forster Team. The market is moving so quickly and prices are going up steadily, that we wanted to share that with our audience. MIAMI HERALD AD - HOME AND DESIGN SECTION EWM PAGE AD - THE MIAMI HERALD - HOME AND DESIGN Continue Reading!
I just listed this completely renovated modern style home in South Coconut Grove. As you can see from the photos, the house has an open floor plan including a new oversized chef's kitchen and very bright spaces. The downstairs living areas offer wood and tile floors and open onto a private backyard with tropical pool and outside cabana bath. Details include 3 bedrooms, 4 baths with 1,940 square feet of living spaces on a 7,000 square foot lot. This property is listed at...Continue Reading!
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Matsuri's Japanese Restaurant is located in the Red/Bird shopping center, located on the corner of Red and Bird Roads. Consistently fresh sushi is worth the wait.Continue Reading!
What a great home and a great value, this 4/2 in Palmetto Bay starts with impressive curb appeal and never disappoints. Lushly landscaped front and back yards and pristine interiors including eat-in kitchen, large great room and living room, spacious bedrooms. Large master suite has sitting room, his/hers closets and private bath. Large pool and generous screen-in pool deck, 2 car garage plus carport. Priced right at $535,000, this one's sure to sell quickly. Brokers' open planned for next Wednesday, September...Continue Reading!
After being in the business for more than 10 years there are many lessons that I have learned along the way. One thing that is an absolute given is when the buyer's realtor wants to come and present their client's offer to me in person I know for sure that I am about to receive a low-ball offer. The need to present the offer in person (instead of sending it via email or fax) is code for "I'm giving you a low offer and I need to explain why your...Continue Reading!