So many of my Miami Beach real estate clients, love Mojitos. It seems that when people think of Miami they soon think of Mojitos. Being an expert on absolutely everything, I figured that I would share the perfect Miami mojito recipe, with style!
Enjoy Miami, enjoy the beach and enjoy a Mojito on Miami Beach!
I was in a rut. I admit it. I haven't been over to BHB much lately. I don't know why. Today I was bored and went over (probably with the intent to look for carnage of a blog brawl...no luck, tho).
I saw an interesting post on a scanner that I happened to buy about two months ago. I putzed around and as I was leaving....I noticed something in the sidebar that made me say "I need to come back here more often."
I liked that little notice. In business, I'm super tired of placating people with niceties because they are too nice, too lazy, misinformed or just plain inept.
Refreshing.
On another note, I noticed that BHB's welcome message:
Better yet, welcome to the wired world of real estate. We are busily inventing Real Estate 2.0 - technology, marketing, service and salesmanship.
I'm not a Social Media or technology guru (I sell real estate) but for a blog as prominent as Bloodhound, and focused on real estate technology/Web 2.0, I was a little perplexed by their lack of presence on Twitter or Facebook. My blog has mostly consumer traffic (yay!) because I focus on local Miami Beach real estate content there. I do, however, get a TON of traffic from Twitter and Facebook. I'm sure that Greg will have something very witty, smart and deep to say as to why he doesn't have (or want) a large presence in those two places, and I will be publicly flogged for it, but this was tonight's lonely little thought that rolled around my pretty little (and very vacant) head.
Anyhoo, this was more of a post to show how breaking out of my "usual" patterns helped me.
Referring to someones blog post as a "blog," is not correct.
The blog is the medium--much like a magazine. You wouldn't say to Ann Coulter, "nice TV." You'd say "nice TV interview, Ann."
So complimenting or referring to an author's blog post as a "blog" isn't correct. Blog is the complete body of work. A blog POST is an individual post or article.
Venetian Islands: Belle, Rivo Alto, Di Lido, San Marino, San Marco, and Biscayne Islands.
The six man-made islands are located in Biscayne Bay between Miami Beach/South Beach and the mainland of Miami. They are linked by the Venetian Causeway constructed in the 1920's.
Photo Courtesy of New York Times
The "Venetians" are the closest single family residential neighborhood to South Beach. The Venetians were profiled in March, 2008 in the New York Times.
The majority of the development on the islands was between the 1930's and 1950's. The lure of the islands are their close proximity to South Beach, and, of course, their stunning waterfront views.
Prices for non-waterfront homes begin at $600,000; and waterfront homes, $1,900,000. The average lot sq. ft. is 10,500 with 60 linear feet of water frontage.
Setai South Beach: Known as a celebrity hangout with a reputation for glamour and excess, proudly presents "Penthouse B"
All the stars have been here, Mariah, Lenny, Madonna et al. This penthouse encompasses the entire 40th floor of this chic South Beach hot spot. The 6,000 sq. ft. interior was professional furnished by a top designer. The condo also features a private 40th floor pool, garden, and dining area.
I've been watching a particularly interesting post, and more so the comments. A couple of commenters made the statement: "Buyers Are Liars" as a part of their comment.
I was particulary intrigued and appalled with their comments, so I Googled the term and came up with this CAR SALESMAN LINGO post.
"Buyers are liars": Car salesmen know they have a reputation for dishonesty. But they counter with this claim of their own.
Salesman #1: After the test-drive, this guy tells me he has to leave 'cause he's got a doctor's appointment. Yeah, right."
Salesman #2: "What can I tell you, man? Buyers are liars."
So, if you read the blurb and understand it the way I do, it basically says that everytime an agent, or in this case, a car salesman says this, it only re-inforces the stereotypical dishonest reputation of the real estate agent.
The rub: So to put it into a real estate agent context: Real estate agents know they have a reputation for dishonesty. But they counter with this claim of their own.
I've never uttered that statement, though I've heard it enough.
Here's what it says about YOU by stating (or believing) it: I KNOW THAT I HAVE A REPUTATION FOR DISHONESTY...."
When you say the "B" statement you liken yourself to the image above.
Miami Beach Real Estate Statistics for 2Q 2009 for South Beach/SoFi Condos
Nine luxury waterfront condos comprise the South Beach condo index. The activity for the first six months, which are considered "season" here in Miami Beach, has been extremely light.
Some condos like Apogee South Beach and Continuum North continue to have gains. Most of the other condominiums in the index have drops in sales and $psf.
Year-over-Year stats for 2008 vs.2009 for the period of 1/1 thru 6/30 show a 39% decrease in sales and a 20% decrease in $psf.
The condos in the South Beach Condo Index include:
Miami Beach luxury waterfront home sales drop 50% from last year. No doubt it is easy to see that the real estate activity is not what it was last year. But after running the numbers, I was in no way prepared for the reality of the current state of Miami Beach real estate.
Even if you don't live in Miami it's easy to surmise that condos here (as they are everywhere, actually) are having a tough time. There hasn't been many analysis done on the SFR market here in Miami, so I was shocked to actually see exactly how off the sales are
Miami Beach Waterfront Sales Stats for 1/1/2009-6/30/2009
To get a better picture on the actual state of the real estate market here in Miami Beach, I ran the numbers for the same period last year to see the comparison.
Sales Stats for 1/1/2008-6/30/2008
Here's where the rubber meets the road:
Number of Waterfront Homes Sold:
2008: 30
2009: 16
Sold Average $PSF
2008: $966
2009: $675
Average Days on Market [DOM]
2008: 216
2009: 272
In my opinion, these numbers represent the great divide between Miami Beach sellers and buyers. This is why inventory is backing up and number of sales are cut in half. Simply put, buyers seem to want to pay far less that what a seller is willing to accept.
I think that's called a stalemate (It may not, but I figured it sounded like a really nice way to wrap up this post.).
The South Beach Condo Index is comprised of nine buildings in the SoFi neighborhood in South Beach. These nine condo represent some of the most luxurious, prestigious, and expensive Miami Beach real estate.
In total there are 2,110 Miami Beach condos in the index. In the first quarter of this year, there were only 18 units sold.
Miami Beach Real Estate Stats for South Beach Condos
Here you can see the list price vs sale price for the first quarter of this year. Because I have been doing these stats for so long, I quickly notice that the sold/$psf is decreasing. The chart below compares sold/$psf for 2008 to 2009.
Miami Beach FL Real Estate, Miami Real Estate, South Beach Real Estate, Miami Beach Condos, South Florida Real Estate, Florida Real Estate. Condo-Hotel information. Comprehensive area information, buyer and seller information, relocation information, things to do in and around Miami, Miami Beach and South Florida
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