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Pinecrest, FL Real Estate News

By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
The Pinecrest FL Farmers Market is back!  Every Sunday starting November 7th thru May 2011, from 9:00 am – 2:00 pm, you can shop for produce, flowers, fruits, herbs and more at what The Miami New Times calls “The Best Farmers’ Market” in Greater Miami. The Pinecrest Fl Farmers Market will again be at Pinecrest Gardens, 11000 Red Road – I’ll see you there!  
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By Maggie Dokic /Indialantic | 321-252-8696, Selling the beach in Florida's space coast
(Magdalena Dokic)
Are you looking for something fun to do this Halloween weekend?   Pinecrest Parks & Recreation has the answer! Track or Treat will be held on Halloween day at Evelyn Greer Park.  Miami-Dade Monster Merchants will be set up around the track providing treats to all ghosts, goblins and friends.  Please bring a trick-or-treat bag!  There will be a bounce house and haunted house. Track or Treat Evelyn Greer Park Sunday, October 31, 2010 5:00 – 7:00pm 8200 SW 124 Street Pinecrest, FL FREE!   Domain of Fears will take place both Saturday and Sunday.  Enjoy an event of scary fun-fear where the killer cupid and his minions await your arrival! Travel through a scary graveyard, the gypsy’s tavern, the castle of hungry vampires, a torture chamber, a portal and killer cupid’s love nest.  This event ...
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By Lynn Cromer
(ReMax Advance Realty)
Pinecrest Sales Data for past 6 months. It's that time of year for data for the last 6 months. Although it might seem that we have no seasons here in Pinecrest, our selling season is highest in the "Spring/Summer", which corresponds to typical selling seasons throughout the country. You'll see the most homes sold in early Spring with a drop starting in September. We should see this drop continuing through January of 2011. The amount of sales this year is slightly down from last year. I believe this shows a stabilization of our marketplace. These graphs do not include any REO or Short Sales. I will discuss their impact at the end of the blog. Below is one of my favorite pieces of data, which is how much per square foot are homes in Pinecrest selling for. See below. The average square foo...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  Pinecrest FL Real Estate Sales Transactions – September 2010 14 homes sold in Pinecrest in September. The lowest closed sale price was $425,000 and the highest was $3,328,489. As of September 30th there were 188 Pinecrest FL homes for sale with 28 homes under contract pending sale.    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  A client of mine just asked me: How have home sales been in Pinecrest in the past few months?  Adriana So, I thought I would give everyone a market update.  In the past 6 months we have been averaging 17 closed transactions/sold homes per month with an average sales price of $1,040,163 and 13 months of inventory.  Six months of inventory indicates a stable market, less than that a Sellers Market, more than that a Buyers Market.   My last two Pinecrest, FL listings were on the market and average of 21 days; the market is moving.  This tells me two things, first, there is money out there for qualified Buyers, neither one of these Buyers had any problem obtaining a mortgage.  Second, there are still quite a few overpriced listings.  The Buyers are out there, but the properties have to be...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
When you have been in as many homes as I have, literally hundreds, you develop a sense of what is the minimum a Pinecrest Florida real estate Buyers should consider when looking at Pinecrest homes to purchase.  Even though you are looking at purchasing your home, you need to keep in mind that one day you will probably want to sell this property.  Unless the property is truly a “unique” property, you will need the property to appeal to as many families as possible.  With this in mind, I give my Pinecrest Florida real estate Buyers my Top 5 List of items to consider when purchasing a Pinecrest Florida home:  1. Location - location, location, I know we have all heard this a million times; there is a reason for that!  Not only is the selection of the neighborhood important, but also where i...
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In today's market conditions there are fantastic buying opportunities in purchasing a property in Pinecrest. This is one of Pinecrest finest communities. The housing inventory has started diminish, and the recovery has started. I have an optimistic perspective. I see it in our office, Interinvestments Realty.  We are selling double than we did last year. There are more buyers in the marketplace.      If you need mortgage to purchase your property in Pinecrest, then you first step is contact your local Florida bank. It is much easier to obtain a mortgage of a single family home verses a condo. If you are in the market for a condo, then your lender needs to check which are the developments that are approved for Fannie Mae or FHA financing. If you do not have a Lender that you are working ...
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By Emilio Cardenal
(irealty.pro)
Searching for a place to Buy in Pinecrest? You should look at Oakridge . Do you know if its a condo, townhome or single family home? Are you paying cash or do you need financing? What size? How many bedrooms do you need? What is your price range? These are all important questions that you need to ask yourself before you start searching for a place to purchase.     If you will be financing the property that you are interested in buying. Don't be afraid and contact your local Florida bank and get pre-qualifed. That is the first step. Find a bank what is active giving loans in Pinecrest. Ideally find one that has done a mortgage in Oakridge recently. This is something that we can check for you on the MLS. Once you get prequalified, you will know what are your closing costs and what will be...
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Looking to purchase a property in Flagler Groves ?? Are you interested in buying for your personal use, the other is for investment. There are many buyers that are buying today that the prices in Pinecrest are low and renting them out. Flagler Groves is offers are great location and properties that are desirable. The key is buying at the right price.     Are you going to buy with a Mortgage?.... Interest rates that are very very low. If you would like to obtain a mortgage, we recommend that you contact a local mortgage professional that knows the Flagler Groves market. We would be delighted to recommend a mortgage professional that can assist you. Please contact of our real estate Associates at Interinvestments Realty.  Tel. 305-220-1101     We are delighted to start researching what ar...
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Looking to purchase a property in Montgomery ?? Are you interested in buying for your personal use, the other is for investment. There are many buyers that are buying today that the prices in Pinecrest are low and renting them out. Montgomery is offers are great location and properties that are desirable. The key is buying at the right price.     Are you going to buy with a Mortgage?.... Interest rates that are very very low. If you would like to obtain a mortgage, we recommend that you contact a local mortgage professional that knows the Montgomery market. We would be delighted to recommend a mortgage professional that can assist you. Please contact of our real estate Associates at Interinvestments Realty.  Tel. 305-220-1101     Interinvestments Realty's website is one of the best onli...
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Now is great time to buy a property in Kendall located in the city of Pinecrest. You can find distressed properties which are in foreclosure brand new or resales that offer terrific values. Pinecrest has a nice selection of lovely communities that offer condos, townhomes and single family homes.     If you will be financing the property that you are interested in buying. Don't be afraid and contact your local Florida bank and get pre-qualifed. That is the first step. Find a bank what is active giving loans in Pinecrest. Ideally find one that has done a mortgage in Kendall recently. This is something that we can check for you on the MLS. Once you get prequalified, you will know what are your closing costs and what will be your montly mortgage payment. This will give you a guide when shop...
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Are you interested in Buying real estate in Pinecrest, Florida? Have you considered the development called Helms Country. You can find very nice deals in Helms Country. This is your chance to make purchase at a fantastic low price. The real estate market in 2005 - 2006 took a dive and it has taken 4 years to stabilize. In many developments / communities in Pinecrest prices at record lows, in some cases lower than what they have been for 10 - 15 years ago.     Are you going to buy with a Mortgage?.... Interest rates that are very very low. If you would like to obtain a mortgage, we recommend that you contact a local mortgage professional that knows the Helms Country market. We would be delighted to recommend a mortgage professional that can assist you. Please contact of our real estate A...
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Looking to Buy in a property in Pinecrest., then you should consider Helms Country. We are living at a moment in time that you can adquire properties at historic low price points. If you are looking or your personal use or for investment, there are homes and condos in Pinecrest that you can pick up at incredibly low prices.   If you need a mortgage to buy your home in Helms Country, then you should contact a local mortgage professional. There are a few mortgage brokers or banks locally in Helms Country that know the area and properties. Real Estate is a local business. We recommend that you work with professionals that are doing transactions in Pinecrest. They know the area.   We are delighted to start researching what are the best options for you in Pinecrest. Consult with one of our r...
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Searching for a place to Buy in Pinecrest? You should look at Country Squire Manor. Do you know if its a condo, townhome or single family home? Are you paying cash or do you need financing? What size? How many bedrooms do you need? What is your price range? These are all important questions that you need to ask yourself before you start searching for a place to purchase.     If you will be financing the property that you are interested in buying. Don't be afraid and contact your local Florida bank and get pre-qualifed. That is the first step. Find a bank what is active giving loans in Pinecrest. Ideally find one that has done a mortgage in Country Squire Manor recently. This is something that we can check for you on the MLS. Once you get prequalified, you will know what are your closing...
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By Emilio Cardenal
(irealty.pro)
Briercliff is an great community to live in. You can take advantage of the low real estate prices in Pinecrest and find a super deal right now. How can you get access to these buying opportunities? The first step is to educate yourself. You can consult with a local realtor. Our agents at Interinvestments Realty  can assist you.   If you need a mortgage to purchase your property at Briercliff you need to get pre-qualified, in addition the Bank needs to prequalify the development.. You can get this pre-qualification over the phone. Speak to your Florida bank that is familiar with Pinecrest. If you are a foreigner and you wish to obtain a mortgage, then we can refer you to a couple of lenders that specialize in financing to foreigners.  But again, make sure that they will finance a propert...
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By Lynn Cromer
(ReMax Advance Realty)
Pinecrest Art Demonstration for the Art Lover in all of us! On Sunday, September 12, the Miami Watercolor Society will be showing artwork done by Arthur Harrow. The show will run from 1:30 to 3:30pm at the Pinecrest Community Center, in Pinecrest Florida. They are having several demonstrations throughout the rest of the year. Check their webpage for all these dates. These showings are generally free.                                             While at the Pinecrest Community Center, visit the library (oops it's closed on Sundays), so look at the beautiful architecture and visit Pinecrest Park while the admission is still free. It's beautifully lush, and was the home of the former Parrot Jungle for decades.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  Pinecrest FL Real Estate Sales Transactions – August 2010 24 homes sold in Pinecrest in August. The lowest closed sale price was $310,000 and the highest was $1,900,000. As of August 31st there were 195 Pinecrest FL homes for sale with 35 homes under contract pending sale.  
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By Lynn Cromer
(ReMax Advance Realty)
It's looking very good that The Village of Pinecrest will finally have a dog park. The Village of Palmetto Bay, a much younger municipality, has had a dog park for a couple of years now and it's a big draw for families with their kids and dogs. It's only appropieate that the residents of Pinecrest have one too. On Sept. 14th, the Village Council will have its last meeting to discuss the issue. The park would be located at Veterans Wayside Park on US 1. I think it's a perfect location for a dog park. Presently it's a park that is rarely visited. I don't believe I have ever seen a person enjoying this park. There is a lovely pond in the middle of it, perfect for a little dog bathing.  As Cindy Lerner, the mayor, points out, 52% of respondents polled are in favor of it. The Village allocat...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations. How to Calculate Gain In real estate, capital gains are based not on what you paid for the home, but on its adjusted cost basis. To calculate, follow these steps: 1. Purchase price: _______________________  The purchase price of the home is the sale price, not the amount of money you actually contributed at closing.  2. Total adjustments: _______________________  To calculate this, add the following: Cost of the purchase — including transfer fees, attorney fees, and inspections, but not points you paid on your mortgage. Cost of sale — including inspections, a...
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Yesterday we went to the Coldwell Banker Preview's Symposium, which is a training program for Realtors who have a "Previews" designation. This designation is for Coldwell Banker agents who specialize in the luxury marketplace and we are then considered "Certified Luxury home Marketing Agents". As a Previews agent, we are specialists trained in marketing luxury homes and are uniquely qualified to represent a luxury seller's interests. We are required to attend a Preview's Symposium at least once every two years, although Coldwell Banker has frequent programs for us to continue to educate ourselves on how best to market luxury properties. We are also required to market at least 2 luxury homes every 24 months, in order to keep this designation. I found the day to be extremely informative. ...
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