Miami Beach and South Beach Real Estate Blog

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Real Estate Agent - www.HomesForVIPs.com - Keller Williams Realty

ARCHIVED BLOG POSTS

2008 

Miami Beach will supposedly have its beachfront boardwalk completed by the end of 2008. It only took 10 years, and that is not an exaggeration. The boardwalk will go from South Pointe (in South Beach) to North Shore Park, which is just before Surfside and covers from 79th Street to 88th Street. ...
05/29/2008
We are in the midst of a stalemate where the sellers are not lowering their prices enough to sell, and the buyers are firm in their belief that the prices are not low enough. Also contributing to this is the perception that the market still has not bottomed out. With dire predictions of the marke...
05/29/2008
Bal Harbour had a better month than most municipalities in the Miami area with 10 closed sales, which is down from March which had 13 sales. A year ago in April, there were only 3 closed sales. In the first four months of 2008, there were 51 residential sales in Bal Harbour that sold for an avera...
05/29/2008
80 homes and condos sold in South Beach in April with sales prices that were 89% of asking price. The average sales price was $895,000; the median price was $414,000 and average days on market was 145 days. Obviously, several sales in the higher price ranges have brought the average price up sinc...
05/29/2008
During the month of April, there were 42 residential sales in Sunny Isles that sold for an average of $477,386 and were on the market for an average of 171 days before going to contract. In March 2008 there were 33 closed sales. One year ago,  there were 35 closed sales during April 2007. Current...
05/29/2008
41 condos and houses sold in April with sales prices that were 85% of asking price. The average sales price was $556,000 and the median price was $340,000 and stayed on the market for 137 days. Call 1-800-639-3520 Ext. 9049 for Free Reports on Aventura (our 24-hour recorded info line). There are ...
05/28/2008
The best public tennis courts in Miami Beach are in North Beach at the North Shore Tennis Center located at 501 72nd Street (phone: 305-604-4080). There are 10 clay courts and 2 hard courts there. The clay courts are hydro-courts, which are watered through an underground watering system. The cour...
05/27/2008
At a recent sales meeting these numbers were shared with our office, which show how prevalent bank-related properties are in our marketplace in Miami-Dade County. Bank-related properties are defined as pre-foreclosures and REOs. Single-Family Homes in Miami-Dade County 19% of all active listings ...
05/27/2008
Here are 6 single-family waterfront houses that are among the best values for Miami Beach waterfront real estate. They range in price from $1,099,999 (a short sale) for a 4/4 with 3,100 sf on Normandy Isle to the lowest priced waterfront house on North Bay Road for $3,495,000 to a renovated 5 bed...
05/27/2008
A friend of mine mentioned to me a good idea worth mentioning here. He was watching Cramer's Mad Money a couple of weeks ago and heard Cramer interviewing Robert Toll of Toll Brothers, one of the largest housing companies in the country. They both agreed that the housing prices are the key to fix...
05/26/2008
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Michael Sahlman

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