Cocoplum has $205,000,000 worth of real estate on the market today.   This large figure is comprised of 51 homes for sale priced between $1,195,000 and $16,900,000.  The average asking price per square foot is $400 for a non-waterfront home and $500 for a waterfront home.   The average size home on the market in Cocoplum is currently 6,000 sq. ft.  A property that stands out to me as a great deal in Cocoplum is located at 6910 Tulipan Court.  The owners are asking only $257.00 per square foot.  Details of the home include 6,016 square feet of living area with 5 bedrooms, 4 baths and pool.   The home is listed by Prudential Realty and the asking price is $1,550,000.  The house was under contract back in 2009 but the deal fell through. If you are interested in buying or selling within the... 05/28/2010

Deering Bay has some exciting things going on this summer for its members.   Sonoma vs. Napa Valley Wine Tasting on May 29th  with fine wine specialist Julie Mushett "Dive-In Movie Night" on June 18th features dinner and a movie poolside at 7:30 pm.  A great event for the kids! Summer Camp beginning on June 18th.  Whether its arts, golf, swimming or crafts the Deering Bay Summer Camp offers the perfect mix of activities for children looking to beat the heat. To view all real estate currently for sale in Deering Bay, please click here.   I have an agent on my team who lives in Deering Bay and specializes in Deering Bay real estate.  She offers a very unique perspective on the market and the community there.  If you are interested in seeing any properties in Deering Bay please give me a ... 05/28/2010

We have fewer and fewer clients who are interested in buying foreclousres these days.  In my opinion, the negatives outweigh the positives for a typical buyer.   First, you usually have to pay with cash.  Second,  foreclosures are poorly maintained and are missing appliances which can be discouraging.   Finally, if the house is priced below market value you must be willing to put in an offer on the spot which makes buyers nervous. Lets take a look at the Coral Gables foreclosure market in 2010: There have been 17 foreclosures sold. Only 4 have sold above list price. Average selling price: $442,000 Average Sale/List Price Ratio: 93% Average Sale Price Per Square Foot: $177.00 (The rest of Coral Gables is at $280.00) Sales Prices range from $615,000 to $63,500 There are currently only 7 f... 05/28/2010

The above home priced at $6,250,000 just went under contract in Cocoplum.  When it closes, it will be the highest priced home to sell in Cocoplum all year.   Details of the home include 6 bedrooms, 6 baths with an astounding 9,470 square feet of living space on a 34,333 square foot lot.    Special features include a dramatic reflection pool with fire bowl, loft library, butlers pantry, wine cellar, 2 staff rooms, 3 fireplaces, 2 laundry rooms and a summer kitchen.  The house is listed by Shelton and Stewart. Take a look at this year's closed sales in Cocoplum: 7270 West Lago Drive | Sale Price: 3,095,000 | 6 Bedroom, 6.5 Bath | 5,769 Sq. Ft. 112 Palmoa Drive | Sale Price: $2,950,000 | 5 Bedroom, 5 Bath | 5,893 Sq. Ft. 8250 Los Pinos Circle | Sale Price: $2,600,000 | 6 Bedroom, 6 Bath |... 05/28/2010

Are you a professor or student who wants to live close to the University of Miami campus?  If so, you may be surprised by the price point of the homes that surround the school.  Even though the University has a prime location (just south of The Biltmore Hotel and Golf Course) prices for a move in ready home are as low as $435,000.   Click here to view homes currently for sale in the area. Below are two great homes for sale in the area surrounding UM's campus: 1533 Mantua Avenue (photos below) | 4 Bedroom, 3.5 Bath | 3,435 Sq. Ft. | 10,5000 Sq. Ft. Lot | List Price: $899,000 | Listed by Altara Realty 5111 Donatello Street (photos below) | 3 Bedrooms, 2 Baths | 2,024 Sq. Ft. | 9,925 Sq. Ft. Lot | List Price: $539,000 | Listed by EWM Realtors, Inc. If you are interested in buying or selli... 05/28/2010

Taking a look at the most recent statistics for Coral Gables real estate it seems that the market has stabilized.  Currently inventory levels are down, the number of home sales is up and prices remain flat. The attached chart shows inventory and sale levels for the past 3 years.  Inventory Levels Coral Gables has 11% less homes for sale than it did back in 2007.   The absorption rate (the amount of time it takes to sell all of our inventory) is down to 13 months (we saw figures as high as 45 months back in 2007).   Experts say that a neutral market has an absorption rate of 4 to 6 months while anything less than 4 months is a seller's market and anything more than 6 months is a buyer's market.   Lower inventory is likely a result of 2 contributing factors.  First, many people are under ... 05/19/2010

Mendoza Village Condo Coral Gables | Sale Rent Mendoza Village Condo Coral Gables address115 Mendoza Ave Coral Gables Fl. 33134 Mendoza Village Condo Coral Gables About Mendoza Village Condo Year Built: 2004Number of Floors: 5Number of units: 12Sq. Ft. range: 865-1,450Beds: 1-2Baths: 1-2Mendoza Village Condo Miami Amenities:- Secured entrance- Well appointed lobby- Assigned parking- Centrally located in Coral Gables 05/17/2010

The U.S. housing market has witnessed its smallest annual increase in foreclosure activity in four years last month. Foreclosure filings were reported on over 300,000 homes in the month of February, that's approximately 2 percent decline from January but an increase from last year. February represents the 12th consecutive month with more than 300,000 foreclosure filings. The slight monthly decrease can be linked to the HAMP program. This has worked to slow the pace of troubled mortgages from going into foreclosure, lenders have been attempting to determine if borrowers qualify for government assistance. Unfortunately there are a number of forces that are working to push foreclosures higher. A major indicator that we all should keep on eye on is the the sluggish labor market which isn't ... 04/28/2010

Minorca Coral Gables condos sale rent Minorca Coral Gables The Minorca Coral Gables, at 2030 S. Douglas Road, is ideally located in the heart of "The City Beautiful" (Coral Gables, Florida). Minorca Coral Gables is an eight-floor Mediterranean revival style building completed in 2005. Just like many of its neighboring buildings, The Minorca Coral Gables Condo rooftop is lined with Spanish tile. The first floor windows are lined with striped awnings and columns. The Minorca Coral Gables consists of 120 residential units on the top 5 floors. Units range in size from 1, 2, and 3 bedrooms to one exceptional two-level penthouse. Each residential unit has a balcony with beautiful city views, an upgraded kitchen with stainless steel appliances and granite countertops, as well as a master bathr... 04/22/2010

Minorca Coral Gables condos sale rent Minorca Coral Gables The Minorca Coral Gables, at 2030 S. Douglas Road, is ideally located in the heart of "The City Beautiful" (Coral Gables, Florida). Minorca Coral Gables is an eight-floor Mediterranean revival style building completed in 2005. Just like many of its neighboring buildings, The Minorca Coral Gables Condo rooftop is lined with Spanish tile. The first floor windows are lined with striped awnings and columns. The Minorca Coral Gables consists of 120 residential units on the top 5 floors. Units range in size from 1, 2, and 3 bedrooms to one exceptional two-level penthouse. Each residential unit has a balcony with beautiful city views, an upgraded kitchen with stainless steel appliances and granite countertops, as well as a master bathr... 04/22/2010

No doubt about it, EWM stays on top of the figures.  Check out this chart that was recently released to our agents.  The chart shows the return on investment (ROI) for real estate in Miami Dade compared to the stock market.  As you can see, real estate has far outperformed investments in stocks.   This chart is just more confirmation that now is the time to buy in Miami! Click on graph to view larger.    If you are interested in buying or selling real estate in the Miami area and are looking for an experienced realtor, please contact me at 305.342.1623 or send me a note here, I would be happy to assist you! To view this chart in its original form, visit Coral Gables Real Estate Vault. 04/20/2010

Emerald Plaza Condo Miami Emerald Plaza Condo Coral Way address 3410 Coral Way Miami Fl. 33145 Emerald Plaza Condo Miami About Emerald Plaza Condo Miami Year Built: 2007 Number of Floors: 10 Number of units: 61 Sq. Ft. range: 486-899 Beds: 1 Baths: 1-2 Emerald Plaza Condo Miami Amenities: - Secured entrance - Well appointed lobby - Assigned parking - Centrally located in Coral Gables Enter Miami Brickell Condos and Real Estate Website 04/13/2010

Dakota Condo Coral Gables  Dakota Condo Coral Gables address 111 Edgewater Dr Coral Gables Fl. 33133 Dakota Condo Coral Gables About Dakota Condo Coral Gables Year Built: 1992 Number of Floors: 3 Number of units: 5 Sq. Ft. range: 1,360-2,520 Beds: 3-2 Baths: 2-3 Dakota Condo Miami Amenities: - Secured entrance - Pool (access for one unit) - Assigned parking - Centrally located in Coral Gables See Coral Gables Condos Home Page 04/12/2010

DAVID WILLIAM HOTEL CONDO David William Hotel Condo Coral Gables address 700 Biltmore Wy Coral Gables Fl. 33134 David William Hotel Condo Coral Gables About David William Hotel Condo Coral Gables Year Built: 1963 Number of Floors: 12 Number of units: 192 Sq. Ft. range: 320-2,630 Beds: Studio, 1-3 Baths: 1-3 David William Hotel Condo Miami Amenities: - Secured entrance - Concierge - Pool - Gym - Assigned parking - Centrally located in Coral Gables See Coral Gables Condos Home Page 04/12/2010

Douglas Grand Coral Gables Condo  Douglas Grand Condominium address50 Menores, Coral Gables, Fl. 33134 About Douglas Grand Condo Year Built: 2002Number of Floors: 8Number of units: 159Sq. Ft. range: 574 - 1,078 - Floor PlansBeds: Studio, 1 & 2Baths: 1-2Douglas Grand Amenities:- 24-hr Security Cameras- Covered Parking- Gated Community- Pool- Tennis Courts Next to Building- Gym- On-site Publix Supermarket- Central Coral Gables Location See Coral Gables Condos Home Page 04/05/2010

Real Estate Market Report for Coral Gables - the City Beautiful The following is a market snapshot of real estate activity in Coral Gables as of March 19th, 2010:                         Active Listings (For Sale) - 473 Pending Listings (In escrow) - 91 Sold Listings (last 30 days) - 34 Of the Sold Listings, here is how the Days on Market (DOM) stack up:                             0 - 30 Days - 32% 31 - 60 Days - 10.4% 61 - 90 Days - 11.2% 91 - 120 Days - 5.6% 120+ Days - 40.8% Data is gathered from the SEF MLS and believed accurate, but not guaranteed. 03/20/2010

March 10th, 2010 Categories:Selling in Coral Gables This new construction home (built in 2008) sold this week at a price of $1,330,000.  Located near the University of Miami and The Biltmore, the home featured 6 bedrooms, 6 baths with 3,627 sq. ft. of living space on a 10,000 sq. ft. lot.   $360/square foot is a relatively high price for new construction right now.   Recent new construction homes in similar locations in the Gables have sold between $300 to $350 per square foot.   The address is 440 Vilabella Avenue and the broker was Coldwell Banker. If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced Realtor, please contact me at 305.342.1623 or send me a note here.  To receive a custom market snapshot of your current property just ... 03/10/2010

As you can see from the chart above (click to view larger) there is a large discrepancy between the price of homes for sale and the price of homes selling in Coral Gables.  The average price of homes on the market right now is $2,345,000 and the average price of homes sold in the beginning of 2010 was $740,000.   This shows that there is a large gap between what sellers are asking and buyers are willing to pay in Coral Gables.  (Keep in mind that there are some exceptionally high priced waterfront homes that are pulling up the average list price). If you are interested in buying or selling real estate in Coral Gables and are looking for an experienced Realtor, please contact me at 305.342.1623 or send me a note here.  To receive a custom market snapshot of your current property just en... 03/09/2010

The Platinum Triangle is a very desireable location in Coral Gables.  Believe it or not, the prices in the Platinum Triangle start at $589,000.   Most of the homes in this area were built in the 1950's and updated, but there are a few new construction homes that have come on the market as well.  Check out a few properties currently for sale in The Platinum Triangle. 6710 Tarrega Street | Built In 2009 | 5 Bedrooms, 5 Baths | 4,274 Square Feet | 9,200 Sq. Ft. Lot | Asking Price: $1,599,000 | Broker is One Sothebys 701 Coronado Street | Built in 1956|  4 Bedrooms, 3 Baths | 3,440 Square Feet | 19,422 Sq. Ft. Lot | Asking Price: $1,197,000 | Broker is ReMax Other properties for sale in the Platinum Triangle of Coral Gables include: 720 Coronado Avenue 5 Beds/4 Baths, $1,200,000 7020 Minde... 03/09/2010

We all know that most condominium buildings in South Florida have taken a big hit in the market crash.   But in Deering Bay, most of the units on the market are now asking much more than they sold for just a few years ago. When doing some research for a client, I noticed that the owners of Unit #1001 in the Verona building are acutely aware of the market conditions.  They purchased the property for $1,378,000 in 2006 and are now asking $1,099,000.   The unit is updated with ebonized mahogany wood floors, silhouette and black out shades, new appliances, crown moldings and many more special features.  The unit has wonderful views of the Deering Bay Lagoon and golf course.  Other details include: 2,740 square feet of living space and 4 bedrooms, 3 baths.  Broker is Miami Real Estate. As I... 03/05/2010