Real Green Trends

The State of the Aventura Market: Do we need that much information to purchase a home or condo?

Here, in South Florida, especially in the communities I serve –  including Sunny Isles, Aventura, Bal Harbor, Bay Harbour, Miami Beach, Hollywood, Hallandale and Brickell – I find more often than not buyers and sellers overloaded with information

Buyers and Sellers spend too much time researching the Internet.

 They go to Trulia, to Zillow, to Realtor.com and they now have in their hands thousands of words explaining them the State of the Market and what their homes should sell for. Or what price should they offer for a new condo.

Is this leading them towards the right decision?

 If someone is not ready to buy or sell, he or she will always find a reason, even if it’s one the rest of us don’t think is a good one. 

What is the real goal?

 Isn’t the buyer looking for a home or a condo that will accomodate his or her needs. A home or a condo that will make him or her feel emotionally connected?  I wonder if too much information distracts them from their real goal …

Isn’t the Seller looking to sell so he can move forward? How much information does he need? Sold Comps, Competitive Listings, Realtor’s Experience and Marketing Capability – to mention the most important ones

In my opinion an excelent combination would be enough data to make a smart decision, leaving space for our emotions to kick in at the right moment. Successful companies gather the information and base their decisions looking at their spreadsheets and  listening to their hearts.

As always, I share the market information with my Sellers and Buyers for them to have an insight of what’s going on. And I suggest to them to ask themselves how they feel and to listen to their hearts at the time of making the decision to purchase or sell.

Are you in the market to Sell or Buy your condo or home? Send me a comment and I will assist you.

City of Aventura – How Green Can your Condo Go? Green Iniciative for the Summer 2009

The City of Aventura announces a call for Builders and Developers who follow the Green Iniciative.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This Green iniciative is one more step that the City of Aventura in South Florida is taking towards helping the environment and turning our city into a green friendlier town.

The new resolution will include marketing of green buildings on site construction signs. Plaque on the building designating the project under the Program.

Through this ongoing effort the City of Aventura, once again, tackles this important issue that will ultimately benefit all of us.

To read more about this program to can log on to the City of Aventura website.

Are you looking to move to South Florida? Are you interested in selling your Aventura Home? If you are ready you should work with someone you know and trust. Let me help you and show you how you can sell your condo for the highest profit possible in the least amount of time.

Adriana Faerman | Real Estate Simply Better | adrianafaerman@gmail.com | 305-773-0253

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

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Aventura Real Estate – Green Living around Aventura Condos and Homes

The City of Aventura is turning Greener.

 

Now residents of Aventura Homes and Condos and visitors as well, will see green friendly vehicles down its beautifully manicured streets.

The City of Aventura has announced the purchasing of electric cars which will patrol the city known for its high-rises and luxury condominiums as well as for its beautifully landscaped single family homes developments.

 

City of Aventura News

 

 

At Last! Introducing Aventura and Golden Beach Homes Market Report

 

Aventura and Golden Beach. What happens with their single family homes market?

Any changes in the past 6 months for this South Florida real estate market?

 If we pay attention to the recent numbers we see a slight increase in the ales activity.

Homes for Sale : 116 (33 more homes listed for sale as compared with the previous 6 months)

Sold Homes: 20  (19 homes were sold in the previous 6 months). Most importantly, 4 out of those 20 homes were sold last month.

 REO (foreclosures) Sold: 6 homes.

 

 

 

 

2 in Golden Beach

1 in Island Way

1 Sunswept Isles

1 County Squire

1 Aventura Lakes

Least Expensive Home for Sale:Napoleon Park , Aventura –  3 Bedroom 2.5 Bath $260,000

Highest Asking Price: 641 Ocean Blvd., Golden Beach –  5 Bedroom 7 Baths $22,500,000

Encouraging News for the Aventura and Golden Beach

The housing market, especially for single family homes in Aventura and Golden Beach, Florida has not been as dramatically affected by the financial crisis as the condo market.

 Aventura and Golden Beach single family sales have seen a slight increase; and, there’s currently no REOs (foreclosures) listed for these neighborhoods.

With respect to short sale activity for this region of the South Florida market; we’ve only found 7 homes offered under short sales terms.

These neighborhoods – some of them featuring waterfront homes in gated communities with plenty of amenities and even a private beach – appeal both to locals and out of estate buyers who are looking to live in safe and luxury communities close to airports, restaurants and shopping areas.

You can contact me for available single family homes for sale in South Florida and I will provide you with updated list of homes, REOs and short sales.

 

Data provided by the local South Florida MLXchange (changes might have occurred after this post was last published)

 

 

Waterfront Single Family Home for Sale in Aventura, Fl 33180

Enchanted Lakes Beauty – Owner is relocating and must sell now

Waterfront home selling at foreclosure prices in Aventura.  Close to the Aventura Mall, walking distance to Houses of Worship and schools.

Eco friendly living just minutes away from Aventura.

What makes this home unique?  It’s lush landscaping, fruit trees, access to the Oletta Park and Intracoastal by kayak or jet sky from your own ramp.

This exclusive waterfront home features: marble floors, new baths, mother in law or playroom with wet bar and private entrance. Great  for entertaining.

Over 3600 SF with 3 bedrooms, four baths and a mother in laws.

Quiet and private cul-de-sac street in a gated community.

Are you looking for this home? Contact me now for a private showing.

Condominiums For Sale and Sold in Portsview, Harbor Towers and Harborside Towers

Aventura Real Estate

The following is the recent sales and listing activity for Aventura’s waterfront community of Harbor Towers, Harborside Towers and Portsivew.

Market Trends for Portsview, Harborside Towers and Harbor Towers, at the Waterways Marina

Number of new listings: 8

Lowest priced condominium: $280,000  – Unit 411 – 1187 Square Feet, in Portsview.

Highest priced condominium: $599,000 – Unit 1506 – 1800 Square Feet,  in Harborside Towers

Total For Sale: 31 condominiums - Difference from last month: <1 

Total Pending Sale: 3 – Difference from last month: 0

Total Closed : 1 -  Difference from last month: <1

It should be noted that these days most sales are either REOs (bank owned units) or estate sales. And that is the case for the last two sales that took place in Harborside Towers. One was a foreclosure; and the other one an estate sale.

Hence, if you are looking to sell, price your property right from the beginning at a competitive price (i.e. at foreclosure prices) and you will see results.

Has the information included in my report provided you some insight? Please, leave your comment and contact me and I will assist you.

Aventura Real Estate: New Bank Owned Foreclosure in Parc Central

AVENTURA REAL ESTATE

 

3300 NE 192 ST, AVENTURA, FLORIDA

Aventura Real Estate – New bank owned foreclosure for sale in Parc Central. Completely renovated unit with SS appliances and granite countertops. Great Ocean views.

Parc Central in Aventura offers great amenities including 2 swimming pools, gym, concierge and deli.

A recently converted building with an amazing location right across form the Fairmont Resort and Golf, walking distance to the Aventura Mall and just a causeway away from Sunny Isles Beach.

The last foreclosure in the complex was sold in 2 days! Let’s not miss out on this one. Contact me now and let’s make an offer today!

 

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 …

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