Real Green Trends

Archive for February, 2009

We will rebuild, said President Obama. Real Estate sales increase.

Optimism is contagious. And in these times, I join the ranks of those who see the glass half full.

Today, our company’s President, Ron Suffield, attended our weekly meeting and he presented us the Facts and Trends sheet for the Real Estate Activity in Miam-Dade county and especially for the Aventura area – both for condos and homes.

And in a certain sense the information was  forthcoming.

If we compare what happened in the first quarter of 2008, to the first quarter of January 09, we see the following:

The month supply of condos was reduced from 57 months to 31 months.There was a 55% increase in sales

If we want to become more specific:

The month supply for condos between  $150,000 – $300,000 went from 43 months supply to 21 months supply.

87 Condos sold

For Condos in the $300,000 – $500,000 price range, the month supply went from 65 months to 53 months.

If we want to translate this to everyday language.

Condos are selling and buyers are out there finding great deals. This is also a great time for first home buyers with the incentives and tax credit benefit.

So, as President Obama said, we will rebuild.  And when the figures above couple with an optimistic approach the result is a very positive attitude that will help us whether this storm and realize that we can still make money even in hard times.

Please, leave share your thoughts we me …

Bank-owned Home for sale – 6870 SW 49 ST, Miami, Florida

Beautiful single family home located in a quiet street close to Ludlam and Bird Road.

This home features a nice backyard with a swimming pool and a too shed.

Appointments include:

• Tile floors  and baseboards throughout
• Breakfast area with access to car port
• Nice renovated kitchen (it just needs appliances)
• Fenced backyard

Home needs some minor work .

Are you interested in buying single family homes, either bank owned or priced below market value? Contact me and I will assist you.

3901 S OCEAN DR., #15Z, Hollywood, Fl 33019 – The Tides – Bank owned condo for sale

The Tides

Oceanfront Building in Hollywood, Florida

Condominium on the 15th. floor with direct ocean views

Offered by the bank at

$ 144,500

• One Bedroom + Den
• 2 Bathrooms
• Great Ocean view
• Floor-to-ceilings windows

TIDES AMENTIES INCLUDE NEW STATE OF ART FITNESS CENTER, SWIMMING POOL,COMPUTER/ BUSINESS CENTER AND CONFERENCE ROOM. IDEALLY LOCATED NEXT TO DIPLOMAT HOTEL AND ACROSS FROM NIKKI MARINA.

Call me for more information

Accepting Back-up Contracts – 10659 NE 11 CT, Miami Shores – Bank Owned

The bank has asked me if I have back-up contracts. Let the first one be yours!

 

Call me for instructions and more information.

Your opinions are important, please leave a comment.

Bank-owned condos for sale in Broward and Miami-Dade Counties

 

New Foreclosures coming soon in Hollywood and Aventura

3901 S Ocean Dr 15Z  (Tides) – Hollywood, Fl –  Not listed Yet

Great 1 bedroom 2 bath oceanfront condominium with open ocean views on a higher floor. This one will go fast.

2780 NE 183 St 314    (Commodore) - Aventura, Fl - Not listed Yet

Waterfront community with great amenities including tennis courts and Marina. Right close to Biscayne Blvd and walking distance to shops and restaurants.

3350 NE 192 St 3 E-B  (Southview) Aventura, Fl –   Not listed Yet

Southview a secluded waterfront complex right on the Intracoastal waterway very close to Aventura Mall, new Fairmont Resort and Golf and the Beaches.

If you are interested in these or you are looking to buy luxury properties in Miami Beach, Aventura, Sunny Isles and/or Hollywood contact me and I will provide the information you need.

Wells Fargo agrees to suspend foreclosures

 

Decision made while the Obama administration devises a plan to help troubled borrowers

According to a news article appearing on Bloomberg yesterday WellsFargo together with other credit institutions agreed to halt foreclosures while the new administration crafts a plan to modifiy mortgages.

This moratorium will be in place, as per WellFargo officials, until the new plan is announced.

President Barack Obama will give details on his housing proposals next week during a two-day trip to Denver and Phoenix to talk about the next steps in his strategy to revive the U.S. economy, White House press secretary Robert Gibbs said today. The housing speech is scheduled Feb. 18, he said.

Wells Fargo, which acquired Wachovia Corp. last month, extended until the end of February a freeze on foreclosure for Wachovia’s loan holders, and will halt actions until a U.S. plan is released, said Kevin Waetke, a bank spokesman.

Hopefully, these new measures will help owners avoid losing their homes and make credit available to new home buyers.

Time will tell, in the meantime here, in South Florida, especially in Sunny Isles and Aventura, we continue experiencing more activity and sales are increasing on a weekly basis.

Please, leave your comment or contact me

Green Friendly Staycation at the Everglades National Park

From Sunrise in the South Tower, at the Point; to Sunset in the Everglades National Park

Last weekend I headed towards the Everglades with the sole intention of taking pictures of the Sunset with a group of friends from Meetup. Take a look at a place you can really enjoy visiting. And it is close to home.

When I go to these places I keep saying to myself how blessed I am to be able to live in South Florida, especially in Aventura and on the Water. I can even take pictures of the sunrise and sunset from my South Tower condo, at The Point.

Hope you enjoy these pictures as much as I enjoyed taking them.

Great News – What happened to Aventura Condos in the last 3 months? Market Report for condos under $350,000

For Sale and Listed Condominiums in Aventura

As we all know, bad news sell and we all become scared, nervous and tend to withdraw at the first sign of recession. We wonder how are we going to meet our expenses and support our families.

So, when was the last time that you opened your computer and browsed the news and found a good one?

Well, let me tell you something … I have suprisingly shocking great news:

Unlike other neighborhoods, Sales in Aventura have actually increased, and Inventory has decreased.

Let’s take a look at the following charts:

	1 year			15 months
	Dec 07	Dec 08	% Change	Oct 07	Dec 08	% Change
For Sale	806	892	10.7%	821	892	8.6%
Sold	28	51	82.1%	26	51	96.2%
Pended	19	57	200%	29	57	96.6%

 

Now, I am sure that you will not find this in the front pages of any newspapers or online news. But these are facts and facts do not lie. We can always use a positive dose of good energy these days.

Please, share your thoughts with me and perhaps you will join the ranks of those wise and smart buyers. Contact me

San Souci – Bank-owned 1 bedroom / 1 bath condominium for sale

Just Reduced beatuiful condominium in a great location

SAN SOUCI COMPLEX FOR 55+

 

Great community located just East of Biscayne Blvd and very close to Bay Harbor Islands and Bal Harbor.  This condominium features a partially renovated kitchen, tile throughout and open and bright view. Great of someone who wants to live there and enjoy a friendly community.

 

 

 

3600,3610, 3640 Yacht Club Dr., Aventura, Fl

Portsview, Harbor Towers and Harborside Towers

3610 Yacht Club Dr., Aventura, Fl – Features

This development is a classic amongst other complexes in Aventura. It just offers great floor plans for these waterfront residences on the always inviting Waterways Marina. A luxury and yet low key lifestyle. This is not just another condominium. Portsview at the waerways is a landmark meticulously landscaped and manicured.

Portsview and their cousins Harbor Towers and Harborside,  with classic yet contemporary artistic features, offer luxury and originality in each individual condominium.  It’s a warm and inviting place to live.

Portsview, Harbor Towers and Harborside Towers  – Amenities

Residents enjoy:  A gated waterfront promenade with direct access to the Waterways Shops and Restaurants, a marina pool, spa, gym, and tennis courts.

Learn more about Portsview, Harbor Towers and Harborside Towers real estate opportunities, contact me