Archive for the 'Real Estate News' Category
New Listing: Harborside at The Waterways in Aventura
October 14th, 2009 categories: Aventura, Listings, Real Estate News
Harborside at The Waterways Condo – 3640 Yacht Club Dr., Apt 1106 Aventura, FL 33180 – $449,000
You probably are aware that I sell quite a few condos in The Waterways, especially in the Harborside Condominium. I have to say that this new listing really impressed me. Here are some of the highlights of this wonderful property:
- 3 BR 2 BA
- 1,870 sq ft of living space
- gorgeous marina, ocean and intracoastal waterway views
- 2 balconies
- southeast corner unit
- crown moldings
- ceramic tile floors with marble inserts
- 2 assigned parking spaces in the garage
- hurricane shutters
- extra storage
The layout of this property is truly one of the best in the community, and the southeast corner is probably the best location available. This is a move-in ready unit that I think most people will really like, and the best part is that it is priced very well.
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Harborside at The Waterways condominium offers the following amenities:
- 24-hr manned guard gate
- 24-hr manned lobby security
- concierge for packages/groceries
- 2 heated swimming pool
- tennis courts
- gym
- party room
- walking distance to shopping and restaurants
For more information on this property as well as others please contact me at (305) 329-4929 or solovay.m@ewm.com
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Real Estate Market Report – Condos in Aventura 33180
September 29th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Aventura, FL 33180 – Condominiums & Townhomes
- The median condominium price in Aventura 33180 for the week ending 9/25/09 is $350,000
- Lease expensive listing: $50,000
- Most expensive listing: $6,000,000
- Current condo & townhomes listed for sale: 1,124
- Closed sales in the last week: 58
- Inventory has been tightening and days-on-market increasing recently
- This week we continue to see a downward notch for prices in this zip code
- Inventory has been falling in recent weeks, but note that declining inventory alone does not signal a strengthening market
- The 90-day Market Action Index stands at 14, strongly in the Buyer’s Market zone
Now take a look at the market by quartiles. Each quartile is 25% of the homes.
For more real estate information please contact me at (305) 329-4929 or solovay.m@ewm.com
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Is There Time Left To Take Advantage Of The $8,000 Tax Credit?
September 21st, 2009 categories: Aventura, Buyers, Economy, Real Estate News
American Recovery and Reinvestment Act of 2009
Eligible buyers must close by December 1, 2009 so it’s important to select a residence soon to make sure you don’t get left out. The credit applies to first-time homebuyers, as well as individuals who have not owned a principal residence in the 3-year period prior to the purchase, and applies to homes purchased between January 1, 2009 and December 1, 2009. The tax credit is equal to 10% of the purchase price, but capped at $8,000. Certain income restrictions apply so be sure to visit www.irs.gov to learn more about eligibility requirements and limitations.
The credit:
- applies to purchases that close before December 1, 2009
- applies only to homes used as the taxpayer’s principal residence
- reduces a taxpayer’s tax bill or increases his or her refund, dollar for dollar
- is fully refundable, meaning the credit will be paid out to eligible tax payers, even if they owe no tax or the credit is more than the tax owed
Recovery: First-Time Homebuyer Credit
First-Time Homebuyer Credit Questions and Answers: Basic Information
For more information please contact me at (305) 329-4929 or solovay.m@ewm.com
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New Listing: Williams Island Tower 3000
September 10th, 2009 categories: Aventura, Listings, Real Estate News, Zip Code 33160
3000 Island Bl, Apt 3003, Aventura, FL 33160 – price: $1,195,000
European style with “Old World” charm best describes this amazing 30th floor “home in the sky” featuring breathtaking ocean, intracoastal & city views. The property has 3 bedrooms, 4.5 baths, private entry foyer, separate reception area for guests, large eat-in kitchen, enormous living room, over-sized formal dining room, library, den and separate his & her marble bathrooms all in a totally custom, one-of-a-kind floor plan.
- 4,407 interior square feet
- wrap around balconies
- custom designer moldings
- magnificent marble baths
- totally custom floor plan
- hurricane shutters
Tower 3000 at Williams Island is an ultra luxury condominium with top-of-the-line amenities, 24-hr security, valet parking, full spa, heated swimming pools, tennis courts and full-time concierge.
If you would like a private tour of this property or for more real estate information please contact me at (305) 329-4929 or solovay.m@ewm.com
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Just Listed: Harborside at The Waterways
August 30th, 2009 categories: Aventura, Listings, Real Estate News
3640 Yacht Club Dr, Apt 1902, Aventura, FL 33180 – $315,000
I just listed this amazing condo. Features include:
- 2 BR 2 BA
- 1,430 sq ft of living space
- large balcony
- amazing panoramic views
- full size washer & dryer
- many designer touches
- immaculate condition
- 2-assigned parking spaces in garage
- extra storage
- $665 monthly maintenance fee
Harborside at The Waterways condominium amenities include:
- 2 heated swimming pools
- tennis courts
- 24-hr manned guard gate
- 24-hr lobby security
- concierge
- gym
- walking distance to shops & restaurants
To see a video of the property click on the link below:
Video Tour of Harborside #1902
For more information on this property or any other real estate questions please contact me at (305) 329-4929 or solovay.m@ewm.com
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Real Estate Market Report – Condos in Aventura 33180
August 26th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Aventura, FL 33180 – Condominiums & Townhomes
- The median condominium price in Aventura 33180 this week is $360,000
- Least expensive listing: $58,900
- Most expensive listing: $6,000,000
- Current condo & townhomes listed for sale: 1,160
- Closed sales in the last week: 43
- Inventory has been tightening and Days-On-Market increasing recently
- We saw relatively little price change from last week, however, we continue to demonstrate a nice up trend in general over the last several weeks
- The 90-day Market Action Index stands at 13, strongly in the Buyer’s Market zone
Now take a look at the market by quartiles. Each quartile is 25% of the homes.
For more real estate information please contact me at (305) 329-4929 or solovay.m@ewm.com
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Want More Evidence That Housing Is Turning Around?
August 20th, 2009 categories: Real Estate Investing, Real Estate News
Best Cities For A Housing Recovery
Forbes magazine identified 161 of the country’s largest metro areas where sales activity has increased compared to 2008 and where foreclosure sales, as a percentage of total sales, are low.
Forbes magazine considers these markets as on the road to recovery:
- Miami-Ft. Lauderdale, FL
- Lincoln, NE
- Colorado Springs, CO
- Salem, OR
- San Luis Obispo, CA
- Bremerton, WA
- Denver, CO
- Redding, CA
- Santa Barbara, CA
- San Jose, CA
For more real estate news and information contact me at (305) 329-4929 or solovay.m@ewm.com
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Are You A Snowbird Shopping For A Real Estate Bargain?
August 19th, 2009 categories: Aventura, Buyers, Real Estate News
Aventura Hotel Aims To Lure Snowbirds Shopping For Real Estate
The Fairmont Turnberry Isle Resort & Club in Aventura, FL is offering a package aimed at snowbirds shopping for real estate bargains this winter. The “Future Floridian” package includes:
- a “preferred list of Realtors”
- a city of Aventura guidebook
- GPS to navigate South Florida’s residential communities
- foot massages at the resort spa
- hotel accommodations
Package holders that end up buying a home also receive:
- a Florida welcome gift
- a resort stay discount for “future house guests”
- a $3,000 spending credit with the purchase of a membership at Turnberry Isle Resort & Golf Club
The rate, based on a 2-night minimum stay, starts at:
- $839 from October 1, 2009 – December 18, 2009
- $1,389 from December 19, 2009 – January 4, 2010
- $1,019 from January 5, 2010 – April 30, 2010
For more information on real estate bargains contact me at (305) 329-4929 or solovay.m@ewm.com
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Is It True That Sales Are Up And Inventories Are Down?
August 14th, 2009 categories: Aventura, Market Reports, Market Trends, Real Estate News
Broward and Miami-Dade County Residential Inventories Continue To Decline During July
According to data from the Multiple Listing Service (MLS) , Broward and Miami-Dade residential inventories continued to decline during July 2009.
Inventories dropped from 74,966 total homes and condos for sale in July 2008, to 49,058 in July 2009, a 35% decrease in just 12 months. During that same time frame, sales increased 47% from an average of 2,518 sales per month to 3,707 sales per month. The inventory supply across both counties decreased from 30 months last year to 13 months today.
According to Ron Shuffield, President, EWM Realtors , “decreasing prices have been the prime motivator for our spike in sales this past year. If you’re selling, now is the time to make sure that your property is priced accurately. If you’re buying, your choices will continue to decrease throughout the remainder of 2009.”
You can check-out Facts & Trends reports at www.ewm.com/trendx to see the numbers for your area and price range or ask me to expand your search using our complete data file. Deals are happening!
Contact me for information for your area at (305) 329-4929 or solovay.m@ewm.com
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Why Do Some Houses Sell And Others Don’t?
August 13th, 2009 categories: Real Estate News
Top 6 Reasons Properties Don’t Sell
Ilyce Glink, Tribune Media Services columnist, has a theory:
- lousy pictures
- priced too high
- blah interior and landscaping
- little online marketing
- low commissions
- poor or lack of maintenance (stains on ceiling, leaky faucets, etc.)
I agree with Ilyce. It takes a excellent real estate broker and a Seller willing to put in a little extra effort to make their property stand out.
If you are looking to buy, sell or lease property contact me at (305) 329-4929 or solovay.m@ewm.com
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