3 February Events You Won't Want To Miss!

  1. Alvin Ailey American Dance Theater - 60th Anniversary with the Company’s biggest season ever, packed with brand new dances created especially for this once-in-a-lifetime occasion. Each program will offer a mix of these brand new pieces by some of today’s most celebrated choreographers. And every performance culminates with Alvin Ailey’s beloved masterpiece, Revelations, still the most popular modern dance work in the world. Feb 14-17; Arshtcenter.org

  2. Coral Gables Tour of Kitchens - Get inspired with a private tour of some of the most fabulous kitchens in Coral Gables. Sample some of the city’s best restaurants and meet local merchants at each stop. Feb 9, 9 am - 4 pm; 2019tourofkitchens.eventbrite.com.

  3. Coconut Grove Art Festival - This annual three day event features more than 360 jury-selected artists showcasing their talents along the waterfront street next to Biscayne Bay. Come for the art but stay for the food, live music, events and more. Feb 16-18; cgaf.com

November Market Update

With the holiday season on it's way the real estate market quiets down a bit. Here's a quick view at what the market looks now.

  • Pinecrest presently has 155 homes on the market for sale, and 34 homes under contract.
  • Palmetto Bay has 139 homes on the market and 39 under contract.
  • Coral Gables has 289 homes on the market and 40 under contract.
  • Coconut Grove has 299 homes on the market and 103 under contract.
  • South Miami has 43 homes for sale and 14 homes under contract.

Prices are starting to stablilize and banks are making it a little easier to qualify. Interest rates are still at a record low, and rumors that the Fed is going to be raising interest rates, make it a good time to buy! 

Fall Update

The real estate market is still strong, interest rates are still low.

There are definitely more properties on the market, however, if you are priced competitively you will sell! Overpriced properties sit and then are reduced little by little, and buyers lose interest. Your first few weeks on the market are when you will get the most activity, as you are “new man on the block!”
     The banks are loosening up a bit but there are lot of changes going into effect October 1 for the protection of the buyers. Mortgage brokers and real estate attorneys are gearing up for all the changes, disclosures and government oversight. Getting mortgages and closings done may take a few days longer than previously as a result of the new disclosures that have to be given to buyers and sellers a minimum of three days prior to closing. The disclosures are basically what your costs are and will replace the old HUD.

     For now though, let's all enjoy the change in weather, the holidays and some of the amazing events coming up in South Florida...

Have a wonderful season!
All the best, Roz