Archive for the 'Life is Greener' Category

HAPPY MOTHER’S DAY !

I just wanted to honor mothers on Mother’s Day by sharing some of my favorite quotes:

“God could not be everywhere,  therefore he made mothers”, Rudyard Kipling

“I remember my mother’s prayers and they have always followed me. They have clung to me all my life”, Abraham Lincoln

“Mama was the greatest teacher, a teacher of compassion, love and fearlessness. If love is sweet as a flower, then my mother is that sweet flower of love”, Stevie Wonder

“The heart of a mother is a deep abyss at the bottom of which you will always find forgiveness.” Honore de Balzac

HAPPY MOTHER’S DAY!!!

Sunny Isles Beach back in 1970 – Where is Jade Signature?

Do you think someone could imagine back in the ’70s that Sunny Isles would become the Riviera it is today?

The Newport Beach Hotel and the Fishing Pier. Where’s Oceania, Turnberry Ocean Colony and Trump I, II and III?

Not to mention Jade Beach, Jade Ocean and the site of future Jade Signature!

 

If you are considering purchasing or selling an exceptional residence, please contact me at 305.773.0253 and I will meet with you and show it a customized presentation. You will see the benefits of working with my Group and obtaining results. Real Estate simply Better.

ONE THOUSAND MUSEUM – ZAHA HADID

Miami Best New Project

 Introducing ONE THOUSAND MUSEUM by ZAHA HADID

TEN THOUSAND MUSEUM

Sotheby’s International Realty and RealGreenTrends – Premier Real Estate for the Best Properties

You wonder why I work with the Support of ONE Sotheby’s International Realty?

I am pleased to provide my customers with and array of tools only ONE company can bring.

Now that most buyers in South Florida are International. Sellers know that there are only a few choices or just one they can make to successfully list, market and sell their homes. Enjoy this presentation and contact me for an outstanding listing presentation.

 

[youtube width="425" height="344"]http://www.youtube.com/watch?v=Qy6kuDfra8I&feature=youtu.be[/youtube]

New Qualified Mortgage Rules

The Consumer Financial Protection Bureau announced the New Qualified Mortgage Rules

 

 

Realtors and consumers were worried about the new rules. Will the minimum downpayment for a mortgage increase to 20%? How much information will the Banks require? Are the standards going to be much more difficult to meet?

These and other concerns were voiced by my clients and colleagues.

Well here’s a brief recap of what I’ve read.

Let’s remember that all these guidelines are aimed to minimize the chances that a borrower will eventually default.

• Banks are not required to follow either the QM or QRM rules; however, they probably will. By following the QRM codes not yet announced, they’ll be able to sell their loans to Fannie Mae and Freddie Mac, which frees them to lend more money.
• A key to the new QM rule is “ability to repay.” Under the new rule, lenders must determine the borrower’s ability to pay back both the principal and the interest over the long-term ? not just during an introductory period when the rate may be lower.
• Lenders can no longer offer no-doc, low-doc loans, otherwise known as “Alt-A” loans, where some lenders made quick sales by not requiring documentation, then offloaded these risky mortgages by selling them to investors.
•  Financial information has to be supplied and verified. At a minimum, a lender must consider eight underwriting standards:
  — Current income or assets
  — Current employment status
  — Credit history
  — The monthly payment for the mortgage
  — The monthly payments on any other loans associated with the property
  — The monthly payment for other mortgage related obligations (such as property taxes);
  — Other debt obligations
  — The monthly debt-to-income ratio or residual income the borrower would be taking on with the mortgage. (total monthly debt divided by total monthly gross income).
•  A borrower has to have sufficient assets or income to pay back the mortgage: Lenders must make the determination the borrower can repay the loan by looking at the borrower’s income and any assets they have on hand.

Are there any Exceptions?

• For consumers trying to refinance a risky loan, exemptions apply: Creditors refinancing a borrower from a risky mortgage – such as an adjustable-rate mortgage, an interest-only loan or a negative-amortization loan – to a more stable, standard loan can do so without undertaking the full underwriting process required by the new rules.
• Debt-to-income ratios have to be less than or equal to 43 percent to be qualified QM

And for more information on the new QM requirements you can read the entire article by clicking the link below:

Consumer Financial Protection Bureau website. Links include FAQs, background and more.

HOLLYWOOD HOMES MARKET REPORT – FOREST VIEW LAUNCHES SECOND PHASE

As inventory Shrinks Buyers become more Active

We are experiencing the recovery of the Real Estate Market in Florida with more intensity now. In Hollywood,  very close to Miami-Dade county, the number of inquiries, appointments and sales are increasing steadily. A trend that seems to have come to stay.

At Forest View, we are launching the Second Phase to develop and sell these incredible single family homes. A private  community envisioned for those families looking for quality, class and a special lifestyle.  A gated 31 elegant estate homes community. Private, serene, surrounded by majestic oaks and conveniently located just minutes from expressways and the Ft. Lauderdale airport. Superb floor plan, choice of exterior architectural design and color. French doors. Impact glass windows. A great lifestyle.

 

Recent numbers and figures show the change I talk about:

 

 

 

 

 

 

 

 

 

 

 

 

 

The Chart above shows the decline in the number of homes for sale in the area for the past 12 months

 

Median price is also a marker to consider when analyzing the market. And it is going up.

 

 

 

The Average days on the market shows us signs of increasing demand in the Forest View area.

Visit  the community website for more information about this project: Forest View Estates

 

For more information please contact me at 305.773.0253 or email me at [email protected]

South Florida New Construction – New Condos

A New Phase for South Florida : Developers and Buyers alike looking to have a piece of Real Estate

Construction of Several Condo Towers Planned to Launch in South Florida

The inventory of new condo Towers continues to rise here in South Florida. I have counted over 10 towers in towns like Surfside, Bal Harbour, Sunny Isles Beach and Aventura;  and more than 10 medium size projects in Surfside, Bay Harbor Islands, Hollywood and Dania Beach.

Luxury developments like the 46-story Mansions at Acqualina and 39-luxury residences at Regalia in Sunny Isles Beach mark the renaissance of the real estate for South Florida. Bellini is coming up in Williams Island, Aventura with 79 luxury residences in the last piece of land in the Island.

Some of the projects that already broke ground include Brickell House with 374 units in Greater Downtown Miami, Brickell Citicentre and Regalia in Sunny Isles Beach. Amongst the planned luxury developments I should not forget Porsche Design Residences, Chateau Beach in Sunny Isles; and 95^th on the Ocean (seven exceptional residences) in Surfside.  I must also include those magnificent projects like Millecento (By Pininjfarina), Brickell House, MyBrickell, in Miami;  Apogee Beach in Hollywood, and the project by Argentinean developer Constulatio in Key Biscayne Oceana with 147 oceanfront residences.

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Some concerned buyers wonder what makes this time different from the past condo boom?

Well,  developers are taking cautious measures like requesting buyers to commit to payments in installments until the closing date – sometimes with down payments up to 50% of the purchase price. Some local banks are even offering construction loans to buyers with no burden on the developers. As opposed to the 20% down payment required during the condo boom which many investors decided to lose leaving developers with a large  number of unsold units.

Real estate analysts differ in their viewpoints as to where the market is going but some still stress out that new construction will spur the influx of money and employment which will help reactivate local economy.

Banks are also offering different options to foreign buyers as they see a new wave of these prospective investors looking to have a piece of South Florida real estate. Where do they come from? A recent report indicates that buyers come mostly from South America including Brazil, Venezuela, Argentina and from Europe and Canada.

New condo sales report is based on completed transactions where a deed is recorded and taxes paid as a result of the sale.

For more information, availability and prices please contact me.

Forest View Estates – 3251 Forest View Cr., Dania, Florida 33132

Luxury Estates in the Dania/Hollywood area across from Emerald Hills

Miami Beach Real Estate Video Blogs by Adriana Faerman @ RealGreentrends.com

Adriana Faerman, videoblogs!. Adriana, an estate broker-associate now tackles the real estate in Miami and the Beaches with this unique approach, sometimes straightforward and always unedited. With her warm and fresh style, she invites her audience to participate with their feedback and opinions. Some say she is bold, some criticize and some just watch, learn and enjoy. But what we know for sure is that she is real. She has transformed the real estate style while she tours the streets of South Florida voicing her opinion about real estate and local lifestyle for residents and visitors alike in the cities of North Dade and South Broward Counties. Please send your ideas, opinions and comments to [email protected]. For more video-blogs just click on the videoblog tab

Information is subject to change without notice. Please note that information contained herein may not be updated and may change with time.

Forest View Estates Exclusive Gated Community

Location: In the Hollywood/Dania Area off Stirling Road and 35th Ave. Walking distance to shoppes, Houses of Worship

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Close to: Hollywood Hard Rock Hotel and Casino, Fort lauderdale Airport, Holllywood Circle, holllywood Beach, Aventura Mall

Development:

• Luxury Gated Community surrounded by magnificent Oak Trees
• 30 Single Family Homes
• Size ranging from 3000 Sq.Ft to 4100 Sq. Ft
• From 4 to 5 Bedrooms, 5 baths
• Tot lot, basketball court with direct access to the community
• Two-car garage
• High ceilings
• Upgrades include: swimming pool, outdoor kitchen, baseboards and crown moldings, choose from new-stylish porcelain floors and marble floors and counter-tops

[youtube width="425" height="344"]http://www.youtube.com/watch?v=WsnJymujC4E[/youtube]

Sumptuous oak trees, private setting, high quality architecture and design are some of the impressive details that characterize the construction and lifestyle of this community. Come and start enjoying the South Broward lifestyle.

For more information and a private introduction to this and other communities in the area please contact Adriana 305.773.0253

Bellini Williams Island – Como avanza la construccion?

Miami Beach Real Estate Video Blogs por Adriana Faerman @ RealGreentrends.com

Adriana Faerman, broker inmobiliaria en Aventura, Florida; ahora ofrece una nueva perspectiva del mercado de bienes raíces de Miami Beach y playas vecinas. De que se trata?  La visión de Adriana con respecto al mercado de bienes raíces y a la venta de propiedades es diferente. Adriana presenta sus videos sin editar, los hace con naturalidad y sin miedo a dar su opinión. Algunos dicen que es simple y frontal, otros la critican y hay quienes simplemente los miran y aprenden. Lo que sí sabemos es que Adriana es franca y honesta. Ella ha transformado el modo en que se comercializan la residencias de lujo en las playas de Miami Beach, Bal Harbour, Golden Beach y Sunny Isles. Ella viaja por las calles y habla de la actualidad del mercado y de las últimas tendencias en cuanto al estilo de vida en estas ciudades. Su opinión, es importante. Por favor envíela a [email protected] .  Para otros video-blogs de Adriana haga click en el tab de video-blogs.

La informacion que se incluye aqui puede cambiar sin preaviso.

 

 

Imágenes tomadas desde el interior de la  Construcción de “Bellini” en Williams Island

 

4100 Island Boulevard, Aventura, Fl 33160, la dirección mas nueva de Williams Island

[youtube width="425" height="344"]http://www.youtube.com/watch?v=6v5xIRgAKqs[/youtube]

 

 

Para más información sobre este y otros proyectos en pre-construcción o re-ventas en Aventura, comuníquese conmigo aqui.

Que pasa en Brickell? Hay muchos condos a la venta aun?

Miami Beach Real Estate Video Blogs por Adriana Faerman @ RealGreentrends.com

Adriana Faerman, broker inmobiliaria en Aventura, Florida; ahora ofrece una nueva perspectiva del mercado de bienes raíces de Miami Beach y playas vecinas. De que se trata?  La visión de Adriana con respecto al mercado de bienes raíces y a la venta de propiedades es diferente. Adriana presenta sus videos sin editar, los hace con naturalidad y sin miedo a dar su opinión. Algunos dicen que es simple y frontal, otros la critican y hay quienes simplemente los miran y aprenden. Lo que sí sabemos es que Adriana es franca y honesta. Ella ha transformado el modo en que se comercializan la residencias de lujo en las playas de Miami Beach, Bal Harbour, Golden Beach y Sunny Isles. Ella viaja por las calles y habla de la actualidad del mercado y de las últimas tendencias en cuanto al estilo de vida en estas ciudades. Su opinión, es importante. Por favor envíela a [email protected] .  Para otros video-blogs de Adriana haga click en el tab de video-blogs.

La informacion que se incluye aqui puede cambiar sin preaviso y cambia con el tiempo.

[youtube]http://www.youtube.com/watch?v=byY4giADK1E[/youtube]

Miami and the River

 

Inventario total de Condominios en Brickell, Fl 33131

Que más claro que este cuadro donde vemos la caida  dramática del inventario de condos a la venta en Brickell. La demanda ha crecido y ya vemos desarrolladores preparándose para lanzar nuevos proyectos.

Precio Medio para los Condominios en Brickell

 

Podemos ver la suba del precio por pie cuadrado de $360 el pie cuadrado en diciembre de 2010, a un promedio de $400 el pie cuadrado en noviembre de 2011 para condos en el rango superior de precios a partir de los $350,000 en edificios de lujo.

Condominios como Icon Brickell, The Plaza, Mint, Latitude, Brickell on the River muestran una caida significativa en el numero de residencias a la venta. Para informacion especifica sobre precios y unidades disponibles simplemente envieme un email a [email protected] o llameme al (305)773.0253