Cromer Parker Real Estate Blog

Here is the July 2009 market report for Pinecrest, Florida.   Inventory is down and the market seems to be improving.  Pinecrest is  showing an 18 month supply of inventory this month compared to over a 23 month supply a couple of months ago. We're seeing many overpriced homes coming down in pric...

Continuing with informing you about Arts happenings in the area, I am doing my weekend round-up for weekend beginning June 26th. Deering Estate in Palmetto Bay, FloridaSaturday, June 27 at 8PM  As part of the Summer Caberet Series, Deering Estate  will be featuring the local Jazz Trio - Cindy Cur...

I'm thinking of starting a new Miami Weekly round-up to talk about events occurring in South Miami-Dade that might be of interest to some people.  This week we're going to start with some events for the week of June 20, 2009. All events are from Social Miami, a local newsletter that I recommend a...

Click to see what your Pinecrest Home is Worth!  The quantity of homes for sale is relatively unchanged, the quantity of sold homes is down 44%, while the number of pending homes is up 35% from same time last year. The rise in pending home sales indicates that buyers are buying again and that sal...

Rates on 30-year mortgages inched up this week to 4.84 percent after matching an all-time record low last week, according to Freddie Mac's weekly nationwide survey. Rates have been below 5 percent for eight consecutive weeks. All Coral Gables statistics are for South Coral Gables (east of US1). T...

An Explanation of Florida’s Property Tax Portability Exemption The other night some friends were wondering aloud how they could afford to move into a nice condo and sell their home in Pinecrest. They assumed that since they had lived in their home so long and their tax base was so low because of...

Earth Day is tomorrow, April 22, 2009. Earth Day was established in 1970 as a celebration intended to inspire awareness of and appreciation for the Earth's environment. Many countries have since decided that a global observance was needed; therefore, April 22 is recognized each year. In 2009, hun...

Palmetto Bay Real Estate Market Report Palmetto Bay will be broken down into North Palmetto Bay (SW 136 St to SW 168 St) and South Palmetto Bay (SW 168 St to SW 184 St). North Palmetto Bay: There are currently 128 homes for sale in North Palmetto Bay. Highest priced listing is $2,700,000 (6921 SW...

According to the Realtor Association of Greater Miami and the Beaches, the Miami real estate market is showing signs of recovery. Sales of single family homes in Miami were up 47% in January 2009 compared to a year ago. Coral Gables Real Estate Report The Coral Gables Real Estate Report that I wi...

Home prices are closer to stabilizing today than at any time in the past nine years. Based on the latest data, median selling prices for new and existing homes combined now equal 2.9 times median household incomes, nationwide. This is exactly the ratio that prevailed during the halcyon days of th...