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August 2012 Activity... For the ShowcaseMiami Team, the last half of August was quite slow. There weren't many phone calls inquiring about our Miami Seller Listings. Our Buyers, in general, were not ready to make offers and secure a Miami house or condo. September 2012 Activity... Once September arrived, the phones started ringing off the hook for showing appointments for our Miami Listings. It just goes to show the mini-cycles in the Miami real estate market. There are periods of time that are significantly busier than others. We attribute the slowdown in August...Continue Reading!
Walk to South Miami's Bistros, Boutiques & Sunset Place Theaters 7360 SW 53 Place, Miami, FL 33143 "High Pines" Property Description... Stunning High Pines home features rare blend of rural Florida charm and today's must-have conveniences. Walk to trendy S. Miami bistros, boutiques and theaters. This treasure is nestled on a quiet street. The pool and splendid native gardens with Banyan, Gumbo Limbo and fruit trees encourage outdoor time and infinite pleasure. Legally rentable back cottage. Large 12,500 sq ft lot! Additional Details... 3 Bedrooms/ 2 Bathrooms 2206...Continue Reading!
Leasing Agent...Juan F. Garcia of ShowcaseMiami Team at Keller Williams Listing Agent...Riley Smith of Riley Smith Group at EWM Listing Agent Description... Lovely home on quiet street in prestigious North Coconut Grove. Enter the home through lush private courtyard. Special features include chef's kitchen which opens to adjacent family room, marble baths and wood & marble floors. French doors lead out to a screened patio and tropical pool perfect for outdoor entertaining. Minutes from downtown, Coral Gables, MIA, Key Biscayne and the Grove...Continue Reading!
One of the biggest challenges I experience as a Miami Listing Agent is communicating to our Sellers how important Staging is in the sales process. Staging your Miami Listing is as important as Pricing and Marketing your Miami Listing. In this blog post, you will see two examples of well-staged homes that have sold in the past 30 days with local real estate agents. You'll notice that one of the homes is updated with granite counters and other modern updates while the other has original bathrooms...Continue Reading!
The ShowcaseMiami Team is happy to announce the sale of Courtyards of the Grove Ph-1S (Sold in 1 Day) Listing Agent...Jason Smith of ShowcaseMiami Team Buyer Agent...Lori Scott of ShowcaseMiami Team Penthouse Specifications... 2 Bedrooms/ 1 Bathroom 808 square feet Large private patio 25 x 25 feet Sales Price...$199,000 ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home. (Highest price in the Shortest period of time) To discuss a strategy for your home, call... Jason Smith Broker (Seller Specialist) ShowcaseMiami Realty www.ShowcaseMiami.com 786-326-8115 Continue Reading!
I had a terrific conversation this week with a local builder in Coconut Grove. This Coconut Grove builder's question was... What should I build on this property? What does the market need right now? Here is the analysis that I shared with him... "I selected closed sales in Coconut Grove over the past 365 days between 2000-3500 sq feet (that were built between 2000-2012). There are three sales that match this criteria. They can be found in the link below. 4040 Matheson Avenue sale was a distressed short...Continue Reading!
Last week, our ShowcaseMiami Team closed another short sale for a Miami Seller who owed more than the property was worth. ShowcaseMiami's Omar Roa and Alina Choy were tenacious and persistent in getting this complicated short sale closed. The fact is that only 7% of the closed sales in Dade County are short sales. However, up to 30% of the available Miami listings in recent years have been short sales. This illustrates how difficult it can be to actually get short sales...Continue Reading!
Should Miami Real Estate Buyers be concerned about Shadow Inventory? Yesterday's Open Houses... At the two Miami Open Houses we held yesterday, we experienced a large amount of Buyer traffic (many of whom came with their realtors). This indicates that those buyers are ready to make an offer once they see a property that suits their needs. One of our listings priced at $495,000 had 13 groups of people come by. The other listing priced at $725,000 had 10 groups of people. Concerns from a Couple relocating from Boston... One couple was just...Continue Reading!
3664 Franklin, Coconut Grove, FL (Sale Pending) "There's been a flurry of activity in this South Coconut Grove's St. Hugh Oaks gated community lately." Jason Smith (ShowcaseMiami Team at Keller Williams Realty) Observations... Jason Smith's Seller Listing below is under contract and received 3 offers. Another unit listed by Ivory Cooks Just closed for 300K. Another townhouse will be introduced to the market in a few days. A potential seller called us yesterday to find out what her property would sell for. Each of these successive sales is providing a new benchmark...Continue Reading!
Open Sun 8/12 1-4pm 11725 SW 98 Ave, Offered at $495K (Features 4-Car Garage...priced at only $113/ sq ft) Open House #1... Address: 11725 SW 98 Ave Bedrooms: 4 Baths: 3 Living Area 4,352 square feet Lot Size 15,004 square feet MLS A1658599 (Not a short sale) So much SPACE indoors and out! Open plan kitchen at the heart of the home, entertain 2 to 20 at bar in the tiled living room, rustic family room, shaded deck, fantastic pool surrounded by a large private garden. Split plan, 3 roomy bedrooms, one...Continue Reading!