Real Green Trends

Archive for the 'Buying Real Estate' Category

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…….

Aventura Market Report – November 2009

Are you concerned about the value of your condominium in Aventura?

Aventura Market Report for the Last Week of October 2009

Please, take a look at the recent market report for Aventura.

• Median Price in Aventura for this week is $360,000.
• We continue to demonstrate a nice up-trend in general over the past weeks.

Top quartile / Most expensive 25% of properties  (above $749,000) has registered 8 sales.

Second quartile / Upper Middle/25% of properties  ($425,000) has registered 6 sales

 Third quartile / Lower Middle/25% of properties  ($290,000) has registered 9 sales

Fourth quartile / Least Expensive/25% of properties  ($159,000) has registered 13 sales

In terms of demand and supply the Aventura market is getting cooler, more supply is coming to market relative to the sales demand.

However in recent weeks sales have been moving higher.

With several months of  inventory available at the current sales rate, and since this is technically a Buyers’ Market,  buyers should find improved quality of  properties (newer and larger  condos and homes)  for sale in Aventura.

Are you interested in current information regarding sales of Condos and Homes in Aventura? You are a click away, just leave a comment and I will answer your questions.

Aventura Real Estate welcomes Debbie Najjar

Legal Trends for Aventura and Sunny Isles Real Estate Market

I am excited to share with you my recent partnership with attorney Debbie Najjar. Originally from New York, Debbie has a vast experience in commercial real estate investments both from the legal and the investor standpoint.

Debbie adds to our practice a great deal of enthusiasm and legal expertise.

Welcome to RealGreenTrends Debbie!

You can reach Debbie at debbie@the-beach.net – 786-251-5427

AVENTURA – CONDO FOR SALE: 3600 YACHT CLUB DR., FL 33180

NEW LISTING AT THE WATERWAYS MARINA – HARBOR TOWERS – 3600 YACHT CLUB DR., UNIT 503, AVENTURA, FL 33180

 

Spectacular view South towards Miami,the Marina and East towards the Ocean.This 3 Bedroom (3rd Bedroom maybe used as an Office)and 2 full Bathroom unit has Marble floors,eat in kitchen,Formal dinning area. This home is ready to move in. The Condo Building,with valet parking has been re-decorated with a modern yet classic lobby . A completely equipped gym,exclusive pool and Tennis court, , a walk along the Marina to dozens of restaurants,coffee shops.A free shuttle bus to Mall

Appointments in Aventura Condo include:

• 1850 Square Feet
• 3 Bedrooms 2 Bathrooms.
• 2 Assigned parking spaces

Asking Price: $459,900

For a complete list of listings in the area, just give me a call and visit my website at REALGREENTRENDS. There you will find interesting information for Aventura condos, homes and waterfront communities for sale. Realgreentrends is the  perfect site to market your properties. I strive to attain my South Florida sellers’ needs, including netting the highest profit in the minimum time frame with least amount of problems. If you want to sell your condo or home in Aventura and Sunny Isles meet with me and you will see the results you are searching for.

 Adriana Faerman | Real Estate – Simply Better |follow me on twitter @adrianafaerman

 

AVENTURA CONDOS – MARKET REPORT FOR AUGUST 2009

Are you looking to buy? It is easy to find Aventuraq condos or homes  for sale on the Internet. You can also find information like the one I am posting below. What does that information mean? How should we read it.

Which would be the best offer? Are you a market insider?  How can you beat other buyers? These an other questions might come to your mind. And the answer is … Internet is great but a savvy buyer will still seek the help of a seasoned broker.

     

     

 

Market Report for Condos f in for August 2009

 

 

 

At this point Prices in Aventura for Condos for sale are in a plateau. Buyers looking for deals and opportunities in the Aventura market are now taking action and we see a more active market.

If the market action index begins to move up, we will see a shift towards a Seller’s market for the City of Aventura and a reduced number of condos for sale; although this may still take some time.

Local conditions are still int he Buyer’s market zone with a large inventory available of condos for sale in Aventura, Fl at the current sales rate.

 

Quartiles for Aventura Condos - August 2009

 

 

 

Do what you know best and leave the rest to the expert.

ADRIANA FAERMAN – REAL ESTATE SIMPLY BETTER

 Broker Associate, REO Certified – faerman.a@ewm.com | 305-773-0253

For updated reports and more information Subscribe to my blog and follow me on twitter.com

South Florida y Miami Beach Real Estate, Miami Condos, Aventura Condos, Sunny Isles real Estate

Signos de Recuperacion en el mercado inmobilario de Miami Beach

Aumentan las ventas de propiedades, condos y casas en Miami, Miami Beach, Aventura, Sunny Isles y en otras ciudad del Sur de la Florida.

A pesar de que el periodismo sostiene que los precios continuaran disminuyendo en los proximos meses, el indice de ventas de condos en Miami Beach, Aventura, Sunny Isles marca un crecimiento en la cantidad de unidades vendidas.

El siguiente cuadro muestra las siguientes cifras para la ciudad de Sunny Isles Beach:

 El valor medio “median value” de un condo en Sunny Isles para este periodo es de $330,000

A pesar de que los precios bajaron en la ultima semana, en promedio podemos observar que se mantienen en $332 por pie cuadrado o $3,054 el metro cuadrado.

El indice de mercado de 12 indica que se mantiene firme como un mercado “comprador ” – “Buyers’ Market” -. Por encima de 30 se define como un mercado que favorece al vendedor.

Con un amplio inventario las condiciones se dan para que los compradores encuentren una amplia variedad de oportunidades.

SUBDIVISION DEL MERCADO POR QUARTILES

Segun sus precio dividimos el mercado inmobiliario de Sunny Isles Beach en quartiles para comprender el comportamiento segun los diferentes segmentos de precio.

Quartile 1: El precio medio es de $1.200.000 para condos en Sunny Isles con 271 metros cuadrados. Esto significa aproximadamente $3.735 el metro cuadrado. Estos condos ofrecen 3 dormitorios y 3 baños y tienen una antiguedad de 6 años. Hay un inventario de 517 unidades. Esta semana hay 12 nuevas en el mercado, y 17 absorvidas (pueden haberse vendido, retirado del mercado o  alquilado). El tiempo promedio de venta es de 298 días.

Quartile 2: El precio medio es de $499.000 para condos en Sunny Isles con una media de 160 metros cuadrados. Esto significa aproximadamente $3.118 el metro cuadrado. Estos condos ofrecen 2 dormitorios y 2 baños y  tienen  de una antiguedad media de 35 años. Hay un inventario de 518  unidades. Esta semana hay 15 nuevas y 20 absorvidas (pueden haberse vendido, retirado del mercado, alquilado). El tiempo promedio de venta es de 305días.

Quartile 3: El precio medio es de $240.000 para condos en Sunny Isles con una media de 120 metros cuadrados. Esto significa aproximadamente $1930 el metro cuadrado. Estos condos ofrecen 2 dormitorios y 2 baños y  tienen  de una antiguedad media de 13 años. Hay un inventario de 518  unidades. Esta semana hay 12 nuevas y 17 absorvidas (pueden haberse vendido, retirado del mercado, alquilado). El tiempo promedio de venta es de 298 días.

Quartile 4: El precio medio es de $124.900 para condos en Sunny Isles con una media de 89 metros cuadrados. Esto significa aproximadamente $1393 el metro cuadrado. Estos condos ofrecen 2 dormitorios y 2 baños y  tienen  de una antiguedad media de 37 años. Hay un inventario de 518  unidades. Esta semana hay 29 nuevas y 29 absorvidas (pueden haberse vendido, retirado del mercado, alquilado). El tiempo promedio de venta es de 252 días.

 

 

Aventura Condominiums Market Report – July 27, 2009

Market Report for Sales of Aventura Condos – 33180

• Prices in this zip code have been in a downward trend and this week they remained flat.
• The median condo/townhome prices for Aventura, 33180 this week is $354,900
• Local conditions remain quite strongly in the Buyer’s market zone.

Sales information for Aventura, 33180

• Active Sales: 1221 condominiums and townhomes
• Closed Sales: 41 units

• Pending sales: 2 units

For more information on sales and how to list your home you can call me 305-773-0253 or email me at adrianafaerman@gmail.com

Miami-Dade County Residents – Insight on Property Taxes

Market data showed significant declines in property values which was the main concern for my Aventura, Sunny Isles Beach, Bal Harbour and Miami Beach customers. Increase in Property Taxes is a subject that regularly comes up when my  buyers analyze the tax implications of purchasing a new home or condo.

Thus, I reviewed and extracted some information I obtained from Miami-Dade Property Tax Appraiser webpage.

The appraiser has released the 2009 Preliminary Tax Roll on July 1st.

The decline in the 2009 Preliminary Tax Roll sets the stage for additional tax relief.

The Tax Estimator is an interesting tool I found while skimming through this article.

He also explains the reasons why property taxes can increase from one year to next based on different considerations.

Also, there’s a Tax Estimator Worksheet, that you can access after reading the disclosures which is useful when considering purchasing another property in Florida.

Information on specific values and proposed taxes for each property will be made available when the Notice of Proposed Property Taxes, commonly referred to as the TRIM Notice, is mailed on August 24th.  I encourage you to review your Notice carefully and contact the Property Tax Appraiser’s Office at (786) 331-5321 with any questions you may have.

Are you considering selling you property in Sunny Isles, Aventura, Bal Harbour or Miami Beach? Work with me, a knowledgeable broker, available 24.7.395 (mi minimum acceptable standard) and you will receive memorable service.

Adriana Faerman, Broker Associate | 305-773-0253  | adrianafaerman@gmail.com |www.realgreentrends.com