Sunny Isles Beach – Condo Sales – November Market Report

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.

Que Pasa en Sunny Isles Beach en Noviembre de 2011? Informes de Ventas y Actividad del Mercado de Bienes Raices

La información que se incluye aqui puede cambiar sin preaviso y varia con el tiempo.

 

 Informe del Mercado para Condominios de mas de $500.000 en Sunny Isles Beach, Fl 33160

Sunny Isles Beach, Fl 33160

La temporada alta ya comenzó en Miami, al menos para mi antes de tiempo! Y extraño filmar mis video-blogs desde mi automóvil llevando a Uds las últimas novedades sobre el mercado de bienes raíces en Miami. Por ello, al menos hoy, voy a ponerlos al tanto de lo que sucede en Sunny Isles.

 

Precios Medios para el Codigo Postal 33160 en Sunny Isles y Aventura

Este informe incluye edificios como Turnberry Ocean Colony, Aqualina, Jade Ocean, Jade Beach y Trump

Ventas entre Octubre y Noviembre de 2011

• Precio Promedio de Venta $4800 el metro cuadrado
• Precio Maximo de Venta $8100 el metro cuadrado
• Precio Minimo de Venta $3000 el metro cuadrado
• Diferencia promedio entre el precio de compra y precio de lista -8%
• Cantidad de condominios de mas de $500.000 vendidos en este periodo 24

Ventas entre Octubre y Noviembre de 2010

• Precio Promedio de Venta $4000 el metro cuadrado
• Precio Maximo de Venta $6700 el metro cuadrado
• Precio Minimo de Venta $2800 el metro cuadrado
• Diferencia promedio entre el precio de compra y precio de lista -9%
• Cantidad de condominios de mas de $500.000 vendidos en este periodo 22

Mucha gente me dice que la situacion esta peor. Si mal no leo los numeros mas arriba me estan diciendo lo contrario. Como suelo insistir con esta información Ud. está en posición de sacar sus propias conclusiones …

Comuníquese conmigo para recibir  información específica sobre el condominio que busca comprar y lo asistiré durante todo el proceso de compra

 

 

 

 

Aventura Real Estate News – Miami: Great time to buy

Another encouraging news from The Miami Herald

I want to share with you the story below.  The results of this study released by Trulia shows Miami as the #1 city in America where it is now more advantageous to buy than to rent.

With rental values strengthening across South Florida, contrasted against the best home values for purchase that we have seen in a decade, more and more of our residents are returning to home ownership.

The Miami Herald Posted Tuesday, 01.25.11

Miami top big city to buy home now

It makes more sense to buy a home in Miami rather than to rent, according to a new report from Trulia, which ranks Miami as the nation’s top buyer’s market.

BY: TOLUSE OLORUNNIPA

Is there any upside to having a sky-high foreclosure rate, double-digit unemployment and a tight credit market? According to a respected real estate firm, these elements help make Miami the top market in the nation to buy a home rather than to rent.

Miami has moved up two spots since last year to become the nation’s most attractive market to become a homeowner rather than renting, a new report by real estate research firm Trulia found. The study, released Monday, compared home prices and rental rates in the nation’s 50 largest cities to determine where homeownership made the most financial sense.

Potential buyers are starting to take note of South Florida’s shifting buy-vs.-rent dynamic. Arden Shank, director of Neighborhood Housing Services of South Florida, said first-time homebuyers from Broward and Miami-Dade counties are flooding his office.

We have more families coming through the homebuyers preparation process than we have ever had,” he said. A lot of people who were priced out of the market before can now afford to buy a home.”

Trulia came up with the ranking by comparing the cost of buying a median-priced 2-bedroom, 2-bath home with the cost of renting a similar property for a year. Cities were ranked as either “buy” or “rent” based on the ratio of buy-to-rent costs.

For example, the median-priced 2-bedroom in Miami costs $140,201, according to the website. To rent a 2-bedroom apartment for a year would cost $22,459, resulting in a buy-to-rent ratio of 6 (Trulia rounds to the nearest whole number). In other words, renting a home for six years would cost about as much as buying a home free-and-clear. The markets where it makes the least financial sense to buy — places like New York and Seattle — have buy-to-rent ratios as high as 31. Any ratio below 15 was considered a buyer’s market.

The report factors in costs associated with homeownership like interest, insurance, and property taxes. Even with the additional costs, buying a home is more affordable than renting in 72 percent of the nation’s largest cities. The cities where homeownership is a particularly desirable option are places struggling with high unemployment and foreclosures — areas like Phoenix, Jacksonville and Fresno.

Trulia found in the midst of the buyer’s market, renting is becoming more popular and more costly at the same time.

Since the start of the `Great Recession,’ many former homeowners have flooded the rental market. Following the principles of supply and demand, renting has become relatively more expensive than buying in most markets,” said Pete Flint, CEO and co-founder of Trulia, in a statement.

Click here to read more, and call me to discuss your purchasing needs and start looking for your home or condo.

Unique Jewel at the Pinnacle, Sunny Isles, Fl 33160

The Pinnacle

17555 Collins Av.Sunny Isles, Fl 33160

I just showed this mangnificent condo at the Pinnacle, in Sunny Isles, Fl. Over 4,000 SF of luxury oriental style.

Appointments include:

• 3 Bedrooms
• 5 Baths
• Marble floors throughout
• Over 1200 SF of Terrace
• Handcrafted doors

 

I wanted to share with you this video (excuse me for my editing … I’m working on improving it and I will soon post the same video but at least with some nice background music!)

Call me for more information on this and other real estate opportunities in Sunny Isles and Aventura.

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 [email protected] o dejeme un comentario y me comunicare a la brevedad.

 

Los

How to sell your home/condo fast in a Buyers’ Market

Are you having a hard time selling your home and/or condo in this market? 

It’s  absolutely critical that you price your property right. One of the dangers of overpricing  your property in a buyers’  market, is that it might remain on the market for months. The reality of the times is that in a declining market the longer you take to sell, the less money you will net.

1. Look at the “comparable sales” not at the listed prices.

Price your property on  those properties that have closed either for all cash or where a lender has funded a loan. Some of the deals in today’s market fail because of the credit crunch, so beware when you see a property that went pending, that does not mean that it is sold.

In order to obtain comparable sales information online you can search here ; go into  Realtor.com and multiple listing service (MLS) Web sites. If you want up up-to-date sale and/or price-reduction data, you can alwasy contact me for comparable sales information

2. Be realistic, not emotional.

In a buyers’ market you have to behave like in the stock market. Buyers determine the price of the property. It is not about how much you paid for and how great you think your home is.

3. Be careful when you put a price to the improvements you made.

 Adding square footage or bringing your property up to the same standards as most other properties in the area will add value to your home or condo. Most improvements, however, make your property more saleable, but they don’t necessarily add to the value.

Most buyers have different taste than yours and they might not value your improvements as much as you do. Some people prefer marble over wood, or a buyer prefers light carpet in bedrooms over oak floors. Furthermore, overimprovement will probably backfire and you might not get your money back.

 4. Learn how the market is behaving and do not waste your time by testing it.

The first weeks are critical. I would say the first 4 weeks.  Buyers who have been looking for homes are anxious to see what is new. And you, as a seller, must take advantage of this. When this period is over, chances are that your property will be on the market for an extended period of time. You can generate additional interest with a price reduction, but it never creates the attention you receive when you first list the property.

To get the most from your real estate sale, avoid these costly mistakes. You can contact me for a free market analysis and property evaluation. Adriana Faerman – [email protected]  – 305-773-0253