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Situación del mercado de condos a la venta en Aventura, Florida

Today I would like to share with you some technical terms that we use when we analyze the situation of the market:

Absorption Rate: I like this tool, it is very useful to help us understand the Aventura condo market. It is the time it takes to sell the current inventory at the present rate of sales. Absorption rate for The Point Condos:  3.92 p/month. This means that  on average 4 listings are selling every month.

Tasa De Absorción – Es una herramienta muy util para saber cuantos condos se venden por mes.

Months Supply: is the number of properties available for sale in a 30-day period. A Buyer’s market is said to exist when inventory exceeds the 9 months’ supply.   Currently there is 13 months supply of inventory at the Point.

Meses de Inventario – Es la cantidad de propiedades disponibles a la venta en un periodo de 30 dias. Cuando el inventario supera la oferta de 9 meses decimos que estamos en un Mercado Comprador. En el momento en The Point contamos con una oferta de 13 meses.

THIS WEEK

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. Home sales have been exceeding new inventory for several weeks. Since, this is a Buyer’s market, prices are not yet moving upwards as excess inventory is consumed.

El inventario de condominios en Aventura comienza a absorverse y el Indice de Ventas muestra signos de reactivacion. Estas marcan cambios levemente positivos para el  mercado. Dado, que aún estamos en un mercado Comprador, los precios todavía no muestran signos de reactivación lo cual se verá cuando se absorvan las unidades a la venta.

Quien quiere comprar una casa en Aventura o en Miami por debajo de precios de Mercado?

 The following market report will give you the statistics of recent sales and unit available. Now, the most important aspect of it is how you interpret them and act accordingly.

Median price for a single family home is $698,000. The trend continues into a downward direction.

El Precio Medio de Venta para las Casas en Aventura continua bajando.

What does it mean that the inventory is tightening? That the number of homes for sale in Aventura is lower than in previous weeks.

El inventario de casas a la venta en Aventura, continua bajando con lo cual muestra signos de estabilizacion, aunque aun no podemos decir que sean constantes.

Es un momento ideal para los compradores que deben aprovechar para poder comprar casas en Aventura y North Miami.

Prices in the Aventura and North Miami Beach areas for zip code 33180 continue on a downward trend. Buyers remain active knowing that this is the right momento to purchase a home in South Florida. Our market has turned into one of the most active markets for buyers.

Are you ready to move to Florida?  Do not miss out on this opportunity. Contact me and I will be able to assist you.

Listo para comprar una casa en Aventura on en North Miami Beach? Este es el mejor momento. Comuniquese con nosotros que podemos ayudarlo.

Realtors Use Google Voice Mobile

Google Voice for mobile allows you to make calls and send texts from your Google Voice number. You can dial your Google number then press 2 and call the number that you want to connect with and the receiver of the call will see you Google Voice number! Inexpensive  international calls are also an option…. Google has dome it all!

 

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One Number Rings all your lines !

I have been using Google Voice, formerly Grand Central for quite some time. I got a number when it was still Grand Central. I am sure you would agree that in the Real Estate business your phone is your everything! Customers have your number, your office has your number, vendors have your number, its on your cards and website. As realtors, you need to be accessible & responsive by email & phone.

Well, Google Voice makes that very easy. You need be invited to join & then you can choose practically any area code you want, from local or faraway destinations. You set it to ring your work phone, your cell phone & your home phone or whichever numbers you want to ring. You then can screen your calls, listen in and then decide to pick up or send directly to voice mail. Google Voice also transcribes the voice mail into text and it emails it to you !

SMS and Miscellaneous features

When people SMS your Google Voice number, the message will go directly to one or more (however many you have set up) mobile phones. You can respond to those SMSs directly from the phone, and that response will appear to come from your Google Voice number. You can also send and receive SMSs right from the Google Voice Web interface, so that you don’t have to take out your phone every time you want to text your friend to ask why he’s late picking you up—assuming you’re in front of a computer already, that is. Google Voice lets you archive your SMS logs too so that you can reach them anytime from the website.

Stay tuned for more information on how to use Google Voice in my future posts.

My Google Voice # is 954-892-6199.

Give me a call!

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Are you looking to buy? It is easy to find Aventuraq condos or homes  for sale on the Internet. You can also find information like the one I am posting below. What does that information mean? How should we read it.

Which would be the best offer? Are you a market insider?  How can you beat other buyers? These an other questions might come to your mind. And the answer is … Internet is great but a savvy buyer will still seek the help of a seasoned broker.

     

     

 

Market Report for Condos f in for August 2009

 

 

 

At this point Prices in Aventura for Condos for sale are in a plateau. Buyers looking for deals and opportunities in the Aventura market are now taking action and we see a more active market.

If the market action index begins to move up, we will see a shift towards a Seller’s market for the City of Aventura and a reduced number of condos for sale; although this may still take some time.

Local conditions are still int he Buyer’s market zone with a large inventory available of condos for sale in Aventura, Fl at the current sales rate.

 

Quartiles for Aventura Condos - August 2009

 

 

 

Do what you know best and leave the rest to the expert.

ADRIANA FAERMAN – REAL ESTATE SIMPLY BETTER

 Broker Associate, REO Certified – faerman.a@ewm.com | 305-773-0253

For updated reports and more information Subscribe to my blog and follow me on twitter.com

This year focused a great deal on Social Media & Video, but more than that there was a constant reminder that we must be “for” the consumer, that we must be a facilitator not a salesperson. What a concept to be “for” the consumer I wondered how we ever could be anything but on their side, then I recalled my experience as a consumer before I got my license,  then again getting into the real estate business. My experience  of real estate agents was less than stellar. Read the rest of this entry »

Do you know that now Aventura, Sunny Isles and residents of other South Florida neighborhoods can go green at home?

How? There’s a number of eco-friendly technologies that can be used at home and at work.

You can start by changing your lightbulbs

 

 

• Compact fluorescent lightbulbs (CFLs) are the size of a standard incandescent lightbulb but last six to 10 times as song and use 25% or less of the power of an equivalent incandescent bulb.
• The dissipate far less of their energy use as heat and more as light.

What does that mean to South Florida residents? We can reduce our AC Bills!

You can also get the newest generation of lighting technology: LED

Light-emitting diode (LED) uses energy even more efficiently.

What else can owners of homes in Aventura, Golden Beach, Sunny Isles and Miami Beach can do to save energy?

SOLAR PANELS – Very useful for South Florida Homes

 

We live in the Sunshine State, don’t we?

Solar power generation has been around for decades but recent advances in materials and systems management have made it far more efficient and cost- effective.

Do you have a swimming pool in your Aventura or Golden Beach Home?

Well, now photovoltaic and newer thin-film technologies gather solar energy and are sued to heat swimming pools, power home water heaters and even generate all the electricity a home needs.

 

 

There’s a range of options from the most expensive ones upwards $15,000 to those solar 0powered battery chargers to power up your cameras, cellphones, iPode or laptop.

So what are my dear Aventura, Sunny Isles, Golden Beach neighbors waiting for? Just talk to your contractor, access green friendly websites like Ecobroker and BluePlanetGreenLiving and start using our natural resources for a better and green living.

For more information on Aventura, Sunny Isles, Golden Beach, Miami Beach and other local South Florida cities, simple contact me and we will work together on your real estate needs.

Are you ready to sell you home? Adriana is ready to help. Adriana Faerman |EcoBroker | www.realgreentrends.com | 305-773-0253

 

Signos de Recuperacion en el mercado inmobilario de Miami Beach

Aumentan las ventas de propiedades, condos y casas en Miami, Miami Beach, Aventura, Sunny Isles y en otras ciudad del Sur de la Florida.

A pesar de que el periodismo sostiene que los precios continuaran disminuyendo en los proximos meses, el indice de ventas de condos en Miami Beach, Aventura, Sunny Isles marca un crecimiento en la cantidad de unidades vendidas.

El siguiente cuadro muestra las siguientes cifras para la ciudad de Sunny Isles Beach:

 El valor medio “median value” de un condo en Sunny Isles para este periodo es de $330,000

A pesar de que los precios bajaron en la ultima semana, en promedio podemos observar que se mantienen en $332 por pie cuadrado o $3,054 el metro cuadrado.

El indice de mercado de 12 indica que se mantiene firme como un mercado “comprador ” – “Buyers’ Market” -. Por encima de 30 se define como un mercado que favorece al vendedor.

Con un amplio inventario las condiciones se dan para que los compradores encuentren una amplia variedad de oportunidades.

SUBDIVISION DEL MERCADO POR QUARTILES

Segun sus precio dividimos el mercado inmobiliario de Sunny Isles Beach en quartiles para comprender el comportamiento segun los diferentes segmentos de precio.

Quartile 1: El precio medio es de $1.200.000 para condos en Sunny Isles con 271 metros cuadrados. Esto significa aproximadamente $3.735 el metro cuadrado. Estos condos ofrecen 3 dormitorios y 3 baños y tienen una antiguedad de 6 años. Hay un inventario de 517 unidades. Esta semana hay 12 nuevas en el mercado, y 17 absorvidas (pueden haberse vendido, retirado del mercado o  alquilado). El tiempo promedio de venta es de 298 días.

Quartile 2: El precio medio es de $499.000 para condos en Sunny Isles con una media de 160 metros cuadrados. Esto significa aproximadamente $3.118 el metro cuadrado. Estos condos ofrecen 2 dormitorios y 2 baños y  tienen  de una antiguedad media de 35 años. Hay un inventario de 518  unidades. Esta semana hay 15 nuevas y 20 absorvidas (pueden haberse vendido, retirado del mercado, alquilado). El tiempo promedio de venta es de 305días.

Quartile 3: El precio medio es de $240.000 para condos en Sunny Isles con una media de 120 metros cuadrados. Esto significa aproximadamente $1930 el metro cuadrado. Estos condos ofrecen 2 dormitorios y 2 baños y  tienen  de una antiguedad media de 13 años. Hay un inventario de 518  unidades. Esta semana hay 12 nuevas y 17 absorvidas (pueden haberse vendido, retirado del mercado, alquilado). El tiempo promedio de venta es de 298 días.

Quartile 4: El precio medio es de $124.900 para condos en Sunny Isles con una media de 89 metros cuadrados. Esto significa aproximadamente $1393 el metro cuadrado. Estos condos ofrecen 2 dormitorios y 2 baños y  tienen  de una antiguedad media de 37 años. Hay un inventario de 518  unidades. Esta semana hay 29 nuevas y 29 absorvidas (pueden haberse vendido, retirado del mercado, alquilado). El tiempo promedio de venta es de 252 días.

 

 

Weston is a Biker’s Paradise!

In Weston all main streets have biking lanes and drivers in general are very aware of the numbers of bikers that share the streets with them. It is not unusual to run across a pack of bikers from the Weston Flyers or the South Broward Wheelers. Some of the routes include a portion on State RD 84 but even though is great because there are no stops the lanes used by bikers are very narrow and cars go very fast making it riskier.

“Weston has over 46 miles of dedicated bike lanes within our City, making Weston one of the premier areas in south Florida in which to bike. Bike lanes are a portion of the roadway, which has been designated by striping and pavement markings, for the use of bicycles.  Bicyclists have the same rights as motorists and as such must obey all vehicular traffic laws.  Weston has provided an interconnected system of safe bike lanes, multipurpose paths and shaded sidewalks for pedestrian travel throughout the City.”
Source: City of Weston Parks’ Brochure

If you are into Mountain Biking at Markham Park you will find 11 miles of mountain bike trails for novice, intermediate and advanced bikers. You have to register the first time at the Park’s Office and wear a helmet.

I started biking about one year ago and enjoy it very much. Some times I get bored of taking the same route. I found this wonderful collection of possible bike routes that gave me ideas for my next rides

Market data showed significant declines in property values which was the main concern for my Aventura, Sunny Isles Beach, Bal Harbour and Miami Beach customers. Increase in Property Taxes is a subject that regularly comes up when my  buyers analyze the tax implications of purchasing a new home or condo.

Thus, I reviewed and extracted some information I obtained from Miami-Dade Property Tax Appraiser webpage.

The appraiser has released the 2009 Preliminary Tax Roll on July 1st.

The decline in the 2009 Preliminary Tax Roll sets the stage for additional tax relief.

The Tax Estimator is an interesting tool I found while skimming through this article.

He also explains the reasons why property taxes can increase from one year to next based on different considerations.

Also, there’s a Tax Estimator Worksheet, that you can access after reading the disclosures which is useful when considering purchasing another property in Florida.

Information on specific values and proposed taxes for each property will be made available when the Notice of Proposed Property Taxes, commonly referred to as the TRIM Notice, is mailed on August 24th.  I encourage you to review your Notice carefully and contact the Property Tax Appraiser’s Office at (786) 331-5321 with any questions you may have.

Are you considering selling you property in Sunny Isles, Aventura, Bal Harbour or Miami Beach? Work with me, a knowledgeable broker, available 24.7.395 (mi minimum acceptable standard) and you will receive memorable service.

Adriana Faerman, Broker Associate | 305-773-0253  | adrianafaerman@gmail.com |www.realgreentrends.com