pinecrest real estate: Pinecrest, Coral Gables & Palmetto Bay 2010 Year End Market Data - 01/20/11 01:29 AM
Pinecrest, Coral Gables & Palmetto Bay 2010 Year End Market Data We have excluded Foreclosures and Short Sales from all the data. These types of properties typically attract a different type of buyer than is the custom. We hope you find this information useful.  For more information, charts of this data, to sign up for email updates and to search the MLS for homes for sale, visit us at www.WeSellMiami.com.
All data is general to the city mentioned. If you would like a more specific market data for your home, please feel free to contact us. It would be our pleasure … (0 comments)

pinecrest real estate: Pinecrest, Florida Market Data April 2010-Sept. 2010 - 10/15/10 03:14 AM
Pinecrest Sales Data for past 6 months.
It's that time of year for data for the last 6 months. Although it might seem that we have no seasons here in Pinecrest, our selling season is highest in the "Spring/Summer", which corresponds to typical selling seasons throughout the country.
You'll see the most homes sold in early Spring with a drop starting in September. We should see this drop continuing through January of 2011. The amount of sales this year is slightly down from last year. I believe this shows a stabilization of our marketplace. These graphs do not include any REO … (2 comments)

pinecrest real estate: Dog Park in Pinecrest, Florida - 09/02/10 03:16 AM
It's looking very good that The Village of Pinecrest will finally have a dog park. The Village of Palmetto Bay, a much younger municipality, has had a dog park for a couple of years now and it's a big draw for families with their kids and dogs. It's only appropieate that the residents of Pinecrest have one too.
On Sept. 14th, the Village Council will have its last meeting to discuss the issue. The park would be located at Veterans Wayside Park on US 1. I think it's a perfect location for a dog park.
Presently it's a park that is rarely visited. I … (1 comments)

pinecrest real estate: Luxury Dadeland Walk New Listing! East Kendall 33143 - 08/25/10 07:37 AM
Dadeland Walk is a wonderful community. For those looking to downsize from their large Pinecrest home, or for a first time home buyer, you won't be disappointed in the community. It features a gated, manned security gate. There are tennis courts, a community pool and club house!
This particular town home is updated and very light and bright.
Features clay flooring downstairs. There is also an indoor laundry room, kitchen open to the living area with large sliding doors overlooking a nicely landscaped screened patio. The 2nd bedroom is downstairs with a lovely updated full bath right outside the door.
Upstairs is … (4 comments)

pinecrest real estate: Pinecrest Coldwell Banker Office Offers Short Sale Class - 08/17/10 05:14 AM
Yesterday, my Coldwell Banker office in Pinecrest, Florida had a great class called "Nuts and Bolts of Short Sales". It was given by Sunbelt Title's Attorney, Henry Ensler. Sunbelt Title has opened a Short Sale Assistance program, called Short Trac, that is extremely helpful. It was "created to facilitate the lender review and approval process on short sale listings with the aim of freeing up the sales associate's time to focus on marketing and business development activities.  
Short Trac will help the seller facilitate communications between you, the lender and Sunbelt Title through the short sale process.   Short Trac is … (1 comments)

pinecrest real estate: Congress extends homebuyer tax credit and flood insurance - 07/01/10 03:17 AM
The U.S. Senate passed two bills last evening previously passed by the House. Both bills still need President Obama's signature to become law, but that's expected to happen quickly.Homebuyer tax credit The Senate passed HR 5623, which extends the mandatory closing date to qualify for the homebuyer tax credit. The contract deadline does not change - homebuyers must have a contract signed by April 30, 2010 (an exception for active duty military) - but the previous closing deadline of June 30, 2010, has been extended to Sept. 30, 2010. The National Association of Realtors estimates that the approved bill will benefit … (2 comments)

pinecrest real estate: Pinecrest New Listing! - 06/16/10 03:24 AM
Absolutely charming Devonwood home on quiet street. Home has a Key West look, country charm, Florida lush landscaping with many updates. Corporate Relo. Use addendums attached. Many updates in the past few years. Impact glass, except master bath, pretty country kitchen with island, separate breakfast bar, granite counter tops and stainless appliances. Fourth bedroom is perfect guest room with own bath. Professionally landscaped and private yard.

For a full brochure and many more photos, go tohttp://www.announcemymove.com/announcement.php?id=a65336&code=pYX8OJUReor
http://www.postlets.com/repb/3962677
Lynn Cromer & Robin Parker are real estate sales and marketing professionals for Coldwell Banker in beautiful Pinecrest, Florida. For more information on … (1 comments)

pinecrest real estate: Pinecrest Florida Market Data January thru May 2010 - 05/26/10 03:11 AM
As we are reaching the end of May when I write this, I thought it was a good time to give an update on the Pinecrest Market from the beginning of the year.
 East of Ludlam:
Active Properties:
There are currently 89 homes for sale. 36 at $2,000,000 or higher, 32 homes are priced from $1,000,000 to $1,999,000 and 21 are below $1,000,000.
 Pending Sales:
There are 16 homes under contract, 5 which are short sales and 1 is a foreclosure.
 Closed Sales:
There have been 21 closings since the beginning of the year.  There were no foreclosures but there were … (0 comments)

pinecrest real estate: Pinecrest Market Data for Year End 2009 - 02/15/10 01:00 AM
Pinecrest Data for Year End 2009
  It's been a pretty good year for Pinecrest. Overall home sales were up in 2009 compared to 2008 and the beginning of the year seems to see the trend continuing. Prices though have dropped a bit, but this was to be expected. I believe we are definitely seeing a stabilization of the market place in most of South Miami Dade. All data that follows is for the entire Village of  Pinecrest. If you would like a more specific market data for your home, please feel free to contact us. It would be our pleasure to provide … (0 comments)

pinecrest real estate: Pinecrest, Florida Market Data from April - Sept. 2009 - 11/04/09 12:36 AM
Here are some graphs and data about the housing market in Pinecrest from April 2009 through end of September 2009. Included here is data for homes listed at $900,000 to $2,999,000. Most of these homes are on acre properties. The following graph shows square foot prices. The average asking price for the last six months is down 19.9%. You'll notice in the next graph that with the drop in asking prices, we have seen the amount of sales soar to over 175%! As prices drop, the pent up demand of home buyers is creating a bit of a flurry in the … (1 comments)

pinecrest real estate: Miami Dade County Real Estate Update - 09/29/09 03:07 AM
Coldwell Banker's regional V.P., Charles Richardson sent all his agents a great message yesterday that I would like to share with you.
 Although there is still plenty of challenge remaining in the Miami housing market, sales are up a whopping 62% in the first 8 months of this year, compared with the same time last year! Interest rates remain steady and inventory is down. There are currently 34% less homes on the market right now from the same time last year. Inventory supply has also decreased considerably from a 30 month inventory supply in January to an 18 month supply in … (2 comments)

pinecrest real estate: Pinecrest July 09 Real Estate Market Report - 08/19/09 06:55 AM
Here is the July 2009 market report for Pinecrest, Florida.  
Inventory is down and the market seems to be improving.  Pinecrest is  showing an 18 month supply of inventory this month compared to over a 23 month supply a couple of months ago. We're seeing many overpriced homes coming down in price, and many newly listed well priced homes, selling quickly. Buyers are out there, and picking up what they perceive as good values.
There are 218 homes for sale in Pinecrest, 38 homes pending sale and 13 homes closed in July.
Highest Priced Listing: 6500 SW 98 Street  at $6,499,000 … (0 comments)

pinecrest real estate: Pinecrest, Florida Market Data from April 2008 to April 2009 - 05/26/09 04:26 AM
Click to see what your Pinecrest Home is Worth!  The quantity of homes for sale is relatively unchanged, the quantity of sold homes is down 44%, while the number of pending homes is up 35% from same time last year. The rise in pending home sales indicates that buyers are buying again and that sales will be up when these homes sell.
 Months of Inventory in Pinecrest
The months of inventory in Pinecrest is up 78% from same time last year. Many sellers are still not realistic in their asking prices, therefore numbers of homes on the market just keeps rising, … (0 comments)

pinecrest real estate: Miami, And the Good News Is Home Prices are Stabilizing - 03/12/09 02:35 AM
Home prices are closer to stabilizing today than at any time in the past nine years. Based on the latest data, median selling prices for new and existing homes combined now equal 2.9 times median household incomes, nationwide. This is exactly the ratio that prevailed during the halcyon days of the 1980s, when sales and construction of housing were booming.
Three years ago, just before the housing bubble burst, this ratio was 4.5 times incomes.
Add in the fact that interest rates are much lower today than they were two decades ago and housing is even more affordable.

Lynn Cromer … (4 comments)

pinecrest real estate: February 09 Real Estate Market Report for Pinecrest, Florida - 03/07/09 06:28 AM
Thank you to Miamism for the idea of breaking down the market updates monthly.
Mortgage rates are slightly up this week, to 5.15%. Freddie Mac chief economist Frank Nothaft said mortgage rates followed a rise in bond yields after the Commerce Department reported that gross domestic product plunged in the fourth quarter of 2008 at an annual rate of 6.2 percent, the worst showing in a quarter-century.
Pinecrest Real Estate Report I am breaking down Pinecrest into 2 categories: East of Ludlam & West of Ludlam:
There are currently 98 homes on the market in this Pinecrest area.
Highest priced listing: … (0 comments)

pinecrest real estate: Absorption Rate of Homes in Pinecrest, Fl, Part 2 - 02/14/09 12:42 AM
Absorption Rate in Pinecrest, Fl East of Ludlam Road As a mentioned in Part 1 of my post concerning the Absorption rate of  homes in Pinecrest, Fl, the term absorption rate considers dividing the current number of homes for sale by the rate at which they have been selling. This will in turn help you understand how the inventory of homes on the market affects the sale prices in the Pinecrest Real Estate market. The longer the absorption rate, the longer it takes for a home to sell.
This post will show us the absorption rate of homes East of SW 67 … (1 comments)

pinecrest real estate: Pinecrest - What You Get For The Money - 01/28/09 01:25 AM
Part 2: What You Get for the Money: $600,000-$700,000 This proved to be an interesting proposition as you can now buy either a nice single family home in Pinecrest in this price range or a 2 acre parcel with a home to tear down on it. I will show both of these options.
The home below is on over 2 acres or 93,218 square foot lot. It has 3 bedrooms and 2 baths and is now currently for rent. According to the Miami-Dade County tax recoreds, the 2 acres sold for $640,200. A builder has sub-divided the property into two separate … (4 comments)

pinecrest real estate: Pinecrest - What You Get for the Money - 01/18/09 08:27 AM
Monday, January 19, 2009 Part I: What You Get for the Money: $500,000-$550,000 I am always browsing real estate blogs. Yesterday I was browsing and stumbled across Anne Rain’s blog series "What You Get for the Money". I loved the idea and thought that I too would try this type of series, which she based off the HGTV's show, "What You Get for the Money". Maybe you’re familiar with it. If not, it compares three different cities across the nation and shows what type of home you can get in various price points. It's a great way to show different property … (1 comments)

pinecrest real estate: Welcome at last to 2009! - 01/01/09 01:47 PM
It's certainly been a tough year and I can't say that I'm sorry to see the year over. Although we are experiencing gorgeous 70 degree weather, which is what has always tempted folks to flock to Miami, we have had our share of foreclosures and big box store closings.
Prices are way down, which should be a positive for buying in the new year. Even in the luxury markets of Pinecrest & Coral Gables, once thought recession proof, prices are  down...some as far as 30% from their peak.  But the foreclosures in this market are fewer than other Miami area.
The … (0 comments)

 
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Lynn Cromer

Miami, FL

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ReMax Advance Realty

Address: 7222 Red Road, South Miami, Fl, 33143

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