News and Real Estate Trends For Coconut Grove & Coral Gables Luxury Real Estate

Archive for October, 2013

Coconut Grove Closes Streets & Opens For Ghosts & Goblins October 31st, 2013

Homes of Desire

If you live in or near the Grove and you love Halloween either in costume or as a ghost observing from any number of sidewalk cafes, you will want to make plans to participate in the organized festivities this year in center Grove.  Festivities for the little spooks who love Halloween treats will be able straggle door-to-door the merchants beginning as early as 2:00 pm.  For the young at heart who enjoy tricks and being with the older party goers...

Need A Loan To Own? Approval Process Has Its Challenges October 25th, 2013

Homes of Desire

seller  Mortgage Money Cheap for Creditworthy Buyers Unless you've been living under a clump of seaweed for a while, then you're likely aware that home and condo sales in Miami are at an all-time high resulting in low inventories, and often times, buyers competing for the same property--better known as a "bidding war", so typical of a market clash between supply and demand.  While this describes today's cycle of the buying market in many neighborhoods, it won't take long for  you to...

Home Flipping Declines As Home Prices Rise October 25th, 2013

Homes of Desire

  It's a good sign of overall market recovery when home-flipping trends are down, as is the case not only in South Florida but also across the U.S., according to this week's Miami Herald article.  One factor hampering the home-flipping market is that distressed property inventories are lower due to the real estate market recovery whereby home values have been increasing steadily for the past couple of years, thus making it less affordable and more difficult to buy potential rehab homes...