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Archive for the 'Aventura' Category

South Florida Residential Inventory Continues to Fall

South Florida Residential Inventory Continues to Fall

South Florida Inventory 02-25-13

Residential inventory in South Florida fell to 34,398 from 34,535 active listings for the week ending February 25, 2013. During the same period, pending sales increased to 23,565 from 23,013.

Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing. The figures were compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service.

I hope this information is useful to you. Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Aventura Movie Night at Waterways Park

Aventura Movie Night at Waterways ParkMovie Night

The City of Aventura is hosting Movie Night at Waterways Park, located at 3301 NE 213th St, on Saturday, March 2, 2013. Admission is free. Gates open at 6:00PM, and the movie “Hotel Transylvania,” which is rated PG, will start at 7:00PM. Bring lawn chairs and blankets.

Parking is located at Gulfstream Park which will be accessible from the NE 213th St entrance, and shuttle service will be provided to Waterways Park. Food trucks will be available.

For more information, contact the Community Services Department at (305) 466-8930 or Waterways Park at (305) 466-8008 or visit the City’s website at www.cityofaventura.com.

I hope this information is useful to you. Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Happy Valentine’s Day!

Valentines Day 2013

Written by Michael Solovay | Discussion: No Comments »

Portsview Condominium Market Update

Portsview Condominium Market UpdateHarborside and Portsview

PORTSVIEW

  • Apt 408 – 3 BR 2 BA – Just Sold February 2013 – $343,000
  • Apt 1112 – 2 BR 2 BA – For Rent – $1,700/month
  • Apt 911 – 2 BR 2 BA – For Rent – $1,600/month

HARBORSIDE

  • Apt 1104 – 2 BR 2 BA – Just Sold January 2013 – $310,000
  • Apt 607 – 2 BR 2 BA – Just Rented January 2013 – $1,800/month

Looking to buy or sell?  Contact me for more information on South Florida real estate at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Home Prices in 2012: Best Year-on-Year Gain in Six Years

Home Prices in 2012: Best Year-on-Year Gain in Six YearsRising Home Prices

Posted By susanne On February 7, 2013 @ 4:09 pm In Business Outlook,Consumer News and Advice, Finance and Economy, Real Estate Information, Real Estate Trends, Today’s Marketplace, Today’s Top Story

CoreLogic, a leading residential property information, analytics and services provider, recently released its December CoreLogic HPI report. Home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. This change represents the biggest increase since May 2006 and the 10th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 0.4 percent in December 2012 compared to November 2012. The HPI analysis shows that all but four states are experiencing year-over-year price gains.

Excluding distressed sales, home prices increased on a year-over-year basis by 7.5 percent in December 2012 compared to December 2011. On a month-over-month basis, excluding distressed sales, home prices increased 0.9 percent in December 2012 compared to November 2012. Distressed sales include short sales and real estate owned (REO) transactions.

The CoreLogic Pending HPI indicates that January 2013 home prices, including distressed sales, are expected to rise by 7.9 percent on a year-over-year basis from January 2012 and fall by 1 percent on a month-over-month basis from December 2012, reflecting a seasonal winter slowdown. Excluding distressed sales, January 2013 house prices are poised to rise 8.6 percent year over year from January 2012 and by 0.7 percent month over month from December 2012. The CoreLogic Pending HPI is a proprietary and exclusive metric that provides the most current indication of trends in home prices. It is based on Multiple Listing Service (MLS) data that measure price changes for the most recent month.

“December marked 10 consecutive months of year-over-year home price improvements, and the strongest growth since Read the rest of this entry »

Written by Michael Solovay | Discussion: No Comments »

Renters: Make Sure Your Security Deposit Is Safe

Renters: Make Sure Your Security Deposit Is Safesecurity deposit

For those of us considering moving out of our rentals, securing your security deposit can be a make-it-or-break it moment for our finances, as you will most likely be needing a security deposit for wherever you’re headed. Unfortunately, many renters never see their security deposit again. Recently, Rent.com surveyed 1,000 U.S. renters, and the results were startling:

  • More than a quarter (26 percent) of all renters have lost their security deposit at some point
  • 37 percent of men and 44 percent of 18-24 year olds said they did not get their deposits back because they moved out early
  • More women (9 percent than men (3 percent) lost a deposit due to pet damage
  • 36 percent of renters who did not get their deposits back said the landlord gave no explanation.
    • This is likely illegal although tenant/landlord laws vary by state but according to several state law sites (ag.ny.gov, ca.gov, oag.state.tx.us, illinoisattorneygeneral.gov, mass.gov) the landlord must return the deposit less any lawful deduction.

If you’re renting, review the following tips—provided by rent.com–for maintaining your apartment Read the rest of this entry »

Written by Michael Solovay | Discussion: No Comments »

Happy Thanksgiving

Happy Thanksgiving 2012

Written by Michael Solovay | Discussion: No Comments »

Setting the Right Price – Scientifically Proven to Sell Your Home

Pricing Your Home RightSetting the Right Price – Scientifically Proven to Sell Your Home

By John Voket

I am always looking for the best advice for folks who are trying to sell their homes, and to get an honest deal. This brought me to some research published by Ken H. Johnson, Ph.D. of Florida International University. Dr. Johnson is editor of the Journal of Housing Research and guest blogger at Keeping Current Matters (kcmblog.com).

Dr. Johnson recently wrote about the important research of professor John R. Knight, who studied the impact of changing a property’s listing price to produce a sale. Knight also examined the types of property that are most likely to experience a price change.

Findings from Knight’s research indicate that on average, properties undergoing listing price changes take longer to sell, and suffer a price discount greater than similar properties. Furthermore, bigger price changes are found to experience even longer marketing times and greater price discounts.

Finally, as for which properties are most likely to experience a price change, Knight finds that the greater the initial markup, the higher the likelihood that any given property will experience a listing price change.

With that in mind, Dr. Johnson says sellers—as well as brokers/agents—should be aware of Read the rest of this entry »

Written by Michael Solovay | Discussion: No Comments »

Happy Veteran’s Day

Happy Veteran's Day 2012

Written by Michael Solovay | Discussion: No Comments »

City of Aventura – Founders Day Weekend

City of Aventura – Founders Day WeekendCity of Aventura Founders Day Weekend 2012

Celebrate Aventura with the entire family at the 17th Annual Founders Day Weekend on Friday, Saturday and Sunday, November 9 – 11, 2012.

  • Friday, November 9th at 9PM: The Broadway Tenors perform at the Aventura Arts & Cultural Center.  Tickets are available at the Aventura Arts & Cultural Center, located at 3385 NE 188th St or at www.aventuracenter.org or by calling (877) 311-7469.
  • Saturday, November 10th at 8PM: Aventura Comedy Series: Bobby Collins performs at the Aventura Arts & Cultural Center.  Tickets are available at the Aventura Arts & Cultural Center, located at 3385 NE 188th St or at www.aventuracenter.org or by calling (877) 311-7469.
  • Sunday, November 11th from Noon – 5PM: Aventura “Salutes Our Veterans and Troops” at Founders Park.  Enjoy the 10th Annual Aventura STAR Talent Competition, sample great cuisine from the food trucks and participate in activities such as face painting, U.S. Army Obstacle Course, fun projects, Toddler Town play area and watch Sunday afternoon football.  Founders Park is located at 3105 NE 190th St.  Parking for Founders Day will be available at the Harbour Centre and the Aventura Express will take you to and from Founders Park from 11:30AM – 5:30PM.

For more information contact the Aventura Community Services Department at (305) 466-8930 or visit the City’s website at www.cityofaventura.com/founders.

I hope find this information useful.  Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: 1 Comment »

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