Real Green Trends

Archive for the 'Buying Real Estate' Category

Sunny Isles and Bal Harbour Condos for Sale Real Estate Market Report

Why people from all over the world come to Miami?

Because of the beach, the sun, the fun, great weather all year round.  Because it is easy to get here.

I guess that they come for these and other innumerable reasons. So, can we compare the real estate market in towns like Bal Harbour and Sunny Isles to other towns in the country or even in the State of Florida?

When I read the Real Estate Reports issued nationally I cannot understand how, these “specialists” come up with those numbers. Here in  Sunny Isles or Bal Harbour the market behaves differently.

Distressed Condos in Bal Harbour and Sunny Isles Beach - All Price Ranges

The chart above represents all distressed properties in Sunny Isles and Bal Harbour. There are 315  condos for sale either under short sale or  foreclosure  in these towns.  There are about 30 of them selling per month, and about 52  being pended on a monthly basis.

We came from 74 pended in April to 50 in June. Why? Because our season ends in June, and these figures make sense.

I have been marketing properties and servicing my clients in Sunny Isles and Bal Harbour for over 9 years now. Most of my clients come   from out of town and they contact me on a daily basis concerned about the “double dip” recession, the falling of prices and the increase in foreclosures. And I am there to dissipate their doubts by providing them the real information and actual statistics.

So, as I tell many of my clients. Do not miss out on properties you like and want to buy because you take any information you read seriously. You’d better contact your local expert and find out from real sources what is going on in your real estate market.

What is Happening in Golden Beach?

Golden Beach, Florida 33160

Golden Beach, the town with its private beach, waterfront luxury homes and it’s own Police Department.

How is the market in Golden Beach today?

7  Homes have sold in the past 6 months.

These homes  sold between $ 700,000 and $ 6,800,000 ; that is at an average of $ 413 per SF.

It took an average of   214   days to sell.

Current inventory is 67 homes for sale with prices ranging from$579,000 to $19,950,000

There were 7 Short Sales in the neighborhood; and 2 foreclosures (REOs)

Are you looking to live in Golden Beach?

Just call me and I will set up a private showing and will assist you during the entire process.

I am a luxury homes Broker Associate with EWM Realtors, member of the President’s Club. I assist Sellers and Buyers by exceeding their expectations. Call me now and we will work together.

Market Report for Single Family Homes – Miami, 33179

Home sales in Miami, 33179 have been exceeding new inventory for several weeks.

However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices in Miami, 33179 to level offsoon and potentially to resume their climb from there. Watch pricesas the market transitions from a Buyer’s market to a Seller’s market.

Take a look at the charts below to learn more about the recent market activity for homes in this area where a number of gated communities attract families for their closeness to Aventura, I-95 and A Schools.

These communities include:

Oak Hammock (residences from $800K  and up), Presidential Estates (from $800K and up), Sky Lake (from $300K and up), Le  Chateaux, Oak Forest, Highland Lakes (from $300K and up), Highland Oaks (from $300K and up), Enchanted Lakes (from $250,000 and up).

Are you ready to buy? I am EWM’s expert for the area. Contact me and I will assist you with your selling and buying needs.

Sunny Isles – Condos que se venden en Collins Avenue. Informe de Mercado Marzo 2010

Que esta pasando con los Condos sobre la playa y en el corredor de Collins Av, Sunny Isles?

Cuantos apartamentos se vendieron? Es cierto que hay compradores en Sunny Isles  aprovechando los nuevos precios?

Segun el MLX (El Multiple Listing, sistema de promocion, listado y mercadeo de propiedades que se utiliza en Florida), las ventas de condominios en la playa muestran los siguientes resultados.

Condominios de 1 dormitorio y 1 bath en el Corredor de Collins en la Zona de Sunny Isles Beach, Fl 33160

Ultimos 90 dias:

• Vendidos: 27 apartamentos
• Venta Pendiente: 50 apartamentos
• A la venta: 147 apartamentos

En cuanto tiempo se vendieron?

El 37% de los apartamentos se vendio en menos de 30 dias

Cuales se vendieron en menos de 30 dias?  Los condos en Sunny Isles que se listaron por debajo del precio de mercado promedio de $350 el pie cuadrado.

Que nos dice esta informacion?

Que los vendedores buscan generar competencia entre los compradores al listar o reducir el precio de sus condominios por debajo del promedio de venta actual. Ademas, hoy los compradores que buscan una oportunidad, comienzan a ofertar y a negociar lo cual no sucedia tanto en los meses anteriores.

Los precios han tocado fondo? No lo sabemos. El mercado inmboliario o de bienes raices, es mas lento en marcar tendencias que la bolsa de acciones. Lo que sabemos es que los indices muestran mayor actividad, disminucion del inventario y un incremento de ventas pendientes.

Esto marca tendencia? Aun no pero da nuevos parametros interesantes para quienes quieren vender y comprar condos en Sunny Isles, Florida

Quiere mas informacion? Envieme un email a adriana@realgreentrends.com o dejeme un comentario y me comunicare a la brevedad.

 

Los

Oportunidad de Comprar un Condo a mitad de Precio en Miami

Los Urbanizadores y Bancos finalmente bajaron los precios y pusieron sus propiedades a la venta a precios de compra en Miami

Ahora con un promedio de reduccion entre el 40 % y el 60%  los condominios en Miami estan pasando de manos. Los compradores finalmente decidieron aprovechar esta oportunidad. Ahora tanto inversionistas como quienes buscan tener un segundo hogar para vacacionar se lanzan a comprar en Miami, Miami Beach, Sunny Isles y Aventura – donde se concentra una gran cantidad de nuevas urbanizaciones afectadas por la reciente crisis inmobiliaria/de bienes raices.

Ayer recorri con mis compradores varios desarrollos incluidos, Icon en Brickell, Everglades on the Bay, 1800 Biscayne y finalmente llegamos a Terra en Miami Beach.

Tanto los precios como el inventario disponible muestran una reduccion significativa.

 

Ahora, segun los developers, vemos mucho mas movimiento, incluidos turistas, residentes que comprar su primer propiedad e inversores que compran “bulk deals” (unidades al por mayor).

Queres comprar? Necesitas un experto que te guie, informe y te de los ultimos precios disponibles?

Puedes contactarme a traves de mi blog, dejame aqui un comentario y me comunico contigo de inmediato. Tambien puedes enviarme un email a adriana@realgreentrends.com.

MIAMI CONDO BOOM – OPPORTUNITY TO BUY A CONDO KNOCKS

It is now on TV and everywhere on the News. In Miami, Florida Developers/Banks have slashed condo prices.

Condo Sale Mania in Miami.

Are you ready to buy? Do you need more information? Let me provide you with the right information and  price list.

Contact me through my blog www.realgreentrends.com or email me at adriana@realgreentrends.com and I will help you through the process of buying a condo.

VENTA DE CONDOMINIOS EN SUNNY ISLES – TRUMP REDUJO LOS PRECIOS

QUIERE COMPRAR UN CONDO EN TRUMP A $350 EL PIE CUADRADO?

Trump II en Sunny Isles Beach, es ahora accesible!

Sunny Isles Beach, Fl 33160

No pierda mas el tiempo. Estos son los precios que esperabamos. Historicamente los mas bajos del mercado.

El grupo Dezer decidio finalmente ajustarse a la realidad del mercado y ofrecer su ultimo complejo de condominios residenciales sobre la playa a precios competitivos del mercado.

Este complejo ubicado a solo 5 minutos de Bal Harbour y a 10 de Aventura, atrae tanto a turistas como a residentes.

Con unidades desde 145 hasta mas de 200 metros cuadrados, Trump ofrece un estilo vida muy atractivo con varias piscinas, servicio de playa y hermosas vistas.

Que ofrece Trump II en  15901 Collins Av?

• Spa de lujo
• Gimnasio con las maquinas y equipos mas modernos
• Techos de 10-12 pies
• Piscinas
• Restaurant privado sobre la playa
• Salon de usos multiples

EL LUJO DE TRUMP CON EL ESTILO DE MIAMI

Llameme al 305-773-0253  o envieme un email a adriana@realgreentrends.com y podra visitarlo conmigo o le enviare mas informacion sobre undiades disponibles. Tambien puede subscribirse haciando click en la columna izquierda,  al informe de mercado y recibira la informacion mas al dia sobre lo que pasa en el mercado inmobiliario de Miami.

AVENTURA – SUNNY ISLES LUXURY CONDOMINIUMS – What is happening in this segment of the market?

Are there any real opportunities to buy luxury condos in Aventura or Sunny Isles at discounted prices?

For Aventura  andSunny Isles Beach -  between $1,000,000 and $1,500,0000 – there are 173 condos for sale, 7 pending sale and 17 condos were sold in the past 90 days.

 The Average date in the market for these condos were 208 days.

The List / Sale Price Ratio  indicates that Sellers are reducing their asking price between 8% to 15% of their asking price on average

The Market Action Index indicates that this remains a strong Buyer’s Market with great opportunities to choose from.

Again this week, in Sunny Isles and Aventura we have seen a downward notch for prices. Pricing has been weak for the past weeks. Demand level are relatively to the high inventory.

Among the Available Condos for Sale in this price range I can list:

6000 Williams Island Blvd. –  BellaMare , at Williams Island : A gorgeous 3 Bedroom 3 Bath condo with 2840 Square Feet in great condition. Appointments include: Extensively designed marble floors, upgraded bathrooms.

 Ocean I – 19333 Collins Ave. – Sunny Isles Beach, Fl 33160  - Rarely available 3Bedroom.3.5Baths condo for sale at Ocean One. Unobstructed ocean, Intracoastal and City views! Unit includes parquet floors, spacious kitchen with granite countertops.

16047 Collins Av., Sunny Isles, Fl – Turnberry Ocean Colony - Developer Residence, luxury waterfront living at its best. Amazing views, unbeatable taste.

JUST SOLD: 3301 NE 183 ST, Aventura, Fl 33160 – The Peninsula, Sunny Isles, Fl 33160 -  Asking Price: $1,498,400. Sold for $1,250,000.

6,000 SF. 5 Bedrooms and staff quarters, 7 bathrooms. A unique double penthouse at Peninsula One. Sold in just 7 days.

21200 Point Pl., Atlantic I at the Point, Aventura, Fl 33180  - Luxurious and spacious unit with floor-to-ceiling windows and panoramic views of Intracoastal, Waterway, Ocean, Golden Beach homes. Corner wrap unit facing East and NE. Marble Flooring throughout and bedrooms in high quality hardwood. All closets are customized in wood.

GREEN TAX INCENTIVES FOR CONSUMERS – Including our Aventura residents

 There’s still time to take advantage of the many green tax incentives available to consumers.

There’s one month left in 2009  to take advantage of green tax incentives. From putting smarter windows in your house to installing a solar water heater, move quickly to get back a considerable percent of your investment.

Until December 31,  2009,  you have plenty of time to take advantage of the green tax incentives available to consumers. While some of these tax credits or deductions have been available for several years, many were created as part of the American Recovery and Reinvestment Act.

The following types of energy-efficient products may be eligible for a 30 percent tax credit, up to $1,500:

• Biomass stoves
• Advanced main air circulating fan
• Air source heat pump
• Central air conditioning
• Gas, propane, or oil hot water boiler
• Natural gas or propane furnace
• Oil furnace
• Home insulation
• Reflective roofing 
• Non-solar water heaters
• Energy-efficient windows, doors and skylights
• Storm windows and doors 

These products must be installed on an existing, primary residence. New construction projects as well as rental property upgrades will not qualify for the tax credit under this plan. Although 2009 is coming to a close, these tax credits are valid for projects completed through Dec. 31, 2010.

Read the rest of this entry »

Real Estate News for Miami – New Housing Tax Credit

The National Association of Home Builders posted an excellent Question and Answer piece  that explains all the details of the new housing tax credit.

This also applies to Aventura, Sunny Isles and other South Florida residents !

Be sure to take a few minutes to read about the new opportunities for an expanded group of eligible buyers. Perhaps you are amongst them.  In order to receive the credit, Buyers of a Miami home or condo must have signed a contract by April 30, 2010 and they must close by June 30, 2010.

Property inventories are shrinking daily here in Aventura, Miami, Sunny Isles and other neighborhoods. Therefore, time is of the essence.  Buyers will have fewer and fewer properties from which to choose over the months ahead.

For more information you can read the entire article from the National Association of Home Builders website by clicking here

Start you home search today. Leave your comment or email me at adrianafaerman@realgreentrends.com

Hope you’re having a good week.

See you soon…….