Emotions and Real Estate
March 15, 2011
I love rehashing old articles that remain relevant even after 2 4 years of publishing – EMOTIONS is one of those. (note the original article was written on July 7, 2007). Do you think there is room for emotions in a Miami Beach real estate transaction? Some people think that adding emotions to real estate could be a formula for disaster but I totally disagree. Emotions are the core of real estate, without them, transactions would be equal to buying a gallon of milk at the... Continue Reading »
Top 3 Most Expensive Miami Beach Condos Sold – February 2011
March 8, 2011
There were 198 Miami Beach condos sold in the month of February 2011 ranging from a $2.25 Million Murano at Portofino Condo, to a $27,000 Versailles Hotel studio in foreclosure in Mid-Beach. For all of you that call us about great deals and foreclosures in Miami Beach, be ready to bring cash. Bank owned properties are not even looking at financing, no matter the type of down payment because a lot of the buildings will not be approved for lending. Meaning they are not... Continue Reading »
Top 3 Most Expensive Miami Beach Homes sold in February 2011
March 4, 2011
February’s Most Expensive Miami Beach Home Sale 2142 N Bay Rd – Miami Beach, FL 33140 Listed for $4,850,000 and sold for $4,000,000 on February 15th, 2011 Another Sunset Lake subdivision home sold! On North Bay Road just East of The Sunset Islands, this home is waterfront but not the usual open bay you expect from North Bay Road. Here we have a 1925 home with a very traditional decor and sitting on a 20,000 square foot lot with 100′ of water frontage. It was listed... Continue Reading »
Fisher Island Condos: Real Estate Market Report – February 2011
March 1, 2011
There are currently 117 Fisher Island Condos for sale: (10 Less than last month) Highest priced listing: $30,000,000 for an exclusive Oceanside 5/5.5 home with artwork and all! Lowest priced listing: $180,000 for a one bedroom at Marina Village No2 (short sale) Pending Sales: 5 (2 more than last month) Closed sales in February : 2 (2 less than last month) The 2 Fisher Island Condos sold in February were the following: 7400 Oceanside– 7464 Fisher Island Dr – listed for... Continue Reading »
Top 3 Most Expensive Miami Beach Condos Sold in January 2011
February 27, 2011
There were 179 Miami Beach condos sold in the month of January 2011 ranging from a $2.6 Million Setai Condo, to a $41,000 Marseilles Condo in foreclosure in Normandy Island. The prevailing question lately has been about distressed property inventory – is it slowing down? are there more foreclosures and short sales? are we seeing the bottom? I grabbed sales from the last few months to see what percent of those were distressed: September 2010 – 58% of MLS sales were... Continue Reading »