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Pinecrest, FL Real Estate News

By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
    The 8th Annual Taste of Pinecrest A fun filled family event benefiting our Pinecrest FL public schools; featuring arts, entertainment, rides and of course fabulous food will be held on Sunday, March 7, 2010 from 11:00 am to 5:00 pm at Pinecrest Gardens 5855 SW 111th Street, Pinecrest, FL Come on out, bring the entire family and enjoy the day and the beautiful gardens.    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  Congress has extended and expanded the homebuyer tax credit.  This tax credit is for first-time homebuyers and existing homeowners!  As most everyone knows, first-time home Buyers receive a tax credit of $8,000.  The definition of a first-time home Buyer is someone who has not had an interest in a principal residence for 3 years prior to the purchase.  But, there is also a tax credit repeat Buyers; someone who is not a first-time home Buyer.  The tax credit for the repeat Buyer is $6,500.  A current homeowner who has lived 5 consecutive years out of the last 8 in their current home is eligible. There is no requirement that the repeat Buyer sell their current home or that the new home has to be of a higher value than the current home. To qualify for the tax credit, Buyers must have a w...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
In 2009 there were 25 listed foreclosed properties sold in Pinecrest FL.   If you are interested in a Pinecrest FL foreclosure, just let me know - I can help you with that!  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  PINECREST BIKE DAY 2010Free Family Fun Day!Saturday, January 23, 2010Miami Palmetto Senior High7460 SW 118th Street, Pinecrest Florida8:00-9:00 am - Information & Safety Fair9:00-11:00 am - 2 Mile Bike Ride (Loop)  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest FL Real Estate Sales Transactions Pinecrest Fl Real Estate Market Report – December 2009 13 Homes were sold/closed in December. The lowest closed sale price was $300,000 and the highest was $1,559,000. As of December 31st there were 195 homes for sale in Pinecrest Fl with 29 homes under contract. 178 homes were sold in Pinecrest FL in 2009 vs 136 sold in 2008 150 sold in 2007 184 sold in 2006 170 sold in 2005 These numbers show that our market is recovering. If you would like for me to do a market analysis for you, just give me a call.      
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest FL Real Estate Sales Transactions Pinecrest Fl Real Estate Market Report – November 2009 In the month of November, 16 homes were sold/closed. The lowest closed sale price was $475,000 and the highest was $2,565,312 If you have any questions, please feel free to give me a call. At the end of the month there were 203 homes on the market for sale in Pinecrest Fl with 30 homes under contract.  In the past 6 month the number of homes for sale in Pinecrest Fl has been declining; this is another sign that the market is stabilizing. As we come to the end of another year, I want to take this opportunity to wish you a very Happy Holiday Season.      
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By Lynn Cromer
(ReMax Advance Realty)
The Pinecrest Farmer's Market will be open earlier this year, on Dec. 6th, 2009. The location has also changed to Pinecrest Gardesn (the old Parrot Jungle). It is on the corner of Red Road & SW 112 Street. There is plenty of parking here and lots of shade! The market is being run by my friend Clair, of the Market Company. She runs many local farmer's markets around town, and does a wonderful job! There will be many local vendors, featuring fresh vegetables, organic & conventional, local honey, plants, arts and crafts, orchids and so much more. It runs from 9am until 2pm every Sunday through the winter.  It is a staple for me and my husband. We bring our green bags, do our weekly shopping of organic veggies, have a little breakfast from the local baker's kiosk, visit with our friends and...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  The Pinecrest Fl Farmers Market will be open Sunday, December 6th through April of 2010 from 9:00 am to 2:00 pm.  It's new location is Pinecrest Gardens at 5855 SW 111 Street, Pinecrest Fl.  This is the farmers market that used to be at Gardner's Market on 124th Street and US 1, across the street from the park. As always, the Pinecrest FL Farmers Market will offer locally grown and organic fruits and vegetables, baked goods, local honey, herbs, and beautiful orchids and plants.  The vender's there are always very helpful and informative.  It's also a great place to get a bite to eat and meet up with family and friends. Since the Pinecrest Fl Farmers Market will now be at Pinecrest Gardens, take the opportunity to stroll the beautiful gardens.  Pinecrest Gardens is open daily from 9:00...
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By Lynn Cromer
(ReMax Advance Realty)
 Ok. So this has nothing to do with real estate. But it's so good, I just had to share it.  Random Thoughts for the Day: 1. I think part of a best friend's job should be to immediately clear  your computer history if you die. 2. Nothing sucks more than that moment during an argument when you  realize you're wrong. 3. I totally take back all those times I didn't want to nap when I was  younger. 4. There is great need for a sarcasm font. 5. How the h..... are you supposed to fold a fitted sheet? 6. Was learning cursive really necessary? 7. Map Quest really needs to start their directions on #5. Pretty sure  I know how to get out of my neighborhood. 8. Obituaries would be a lot more interesting if they told you how the  person died. 9. Bad decisions make good stories. 10. You never know wh...
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By Maggie Dokic /Indialantic | 321-252-8696, Selling the beach in Florida's space coast
(Magdalena Dokic)
This Friday Prudential Florida Realty will be hosting it's "Sunshine After Dark" event to benefit the Sunshine Kids organization.  Sunshine Kids was formed to help kids with cancer. Our Sunshine Kids event “Sunshine After Dark” is set for Friday, November 13, 2009 at 7pm. The event will be held in Pinecrest, at our first floor office space-which will be transformed to a chic lounge for the event. We will have wine, appetizers and a wonderful silent auction with fabulous prizes. The tickets for "Sunshine After Dark" are $25.00 in advance and $30.00 at the door.  One hundred percent of this goes to Sunshine Kids.  Prudential is footing the bill for all the expenses and we've had gracious donations for the raffles.  Yay Prudential and sponsors! We are also selling tickets for a 1 in 1,800...
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By Philippe Diener
(Brown Harris Stevens)
Village of Pinecrest Real Estate | Florida Homes  Village of Pinecrest Florida The Village of Pinecrest was incorporated on March 12, 1996 and is one of thirty-four municipalities in Miami-Dade County. Pinecrest is home to approximately 19,460 residents and is conveniently located twenty minutes south of Downtown Miami and Miami International Airport. Pinecrest encompasses approximately eight square miles and is recognized as one of the most beautiful residential areas in South Florida. The Village's appeal as a desirable place to live is attributed to its natural beauty and area schools which are singled out as the best in the county. Residents enjoy a superior quality of life in a unique hometown rural atmosphere and also benefit from the many amenities of the Greater Miami area. Vill...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  Pinecrest FL Real Estate Report – October 2009   As of October 31, 2009 there were 207 homes for sale in Pinecrest Florida. 39 homes were under contract 14 homes sold/closed in October The highest closed sale price in October was $2,604,887 and the lowest sale was for $419,000. I honestly think that if prices in Pinecrest FL haven’t bottomed out – we are very close to it.  If you have any questions, please feel free to give me a call at 305-776-0010 or sent me an email at Marie@MarieStory.com The best to you...Marie Story - Your Pinecrest Specialist!      
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By Lynn Cromer
(ReMax Advance Realty)
Here are some graphs and data about the housing market in Pinecrest from April 2009 through end of September 2009. Included here is data for homes listed at $900,000 to $2,999,000. Most of these homes are on acre properties. The following graph shows square foot prices. The average asking price for the last six months is down 19.9%. You'll notice in the next graph that with the drop in asking prices, we have seen the amount of sales soar to over 175%! As prices drop, the pent up demand of home buyers is creating a bit of a flurry in the housing market. You'll also see in the next graph, that inventory (homes on the market) is down 24%. Sales are up 175% and pended homes are down 8%. The next graph shows that the average sold price is down 15% in the past 6 months. Lynn Cromer & Robin P...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  All witches, goblins, zorros and friends are invited to come out to "trick or treat" at Evelyn Greer Park (8200 SW 124th St., Pinecrest) on Saturday, October 31st from 6pm - 8pm. This event is sponsored by the Village of Pinecrest Parks and Recreation Department and area businesses. Bring the whole family for a fun evening - see you there!     
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  A Pet Fair will be held on Sunday, October 25, 2009, from 11:00 am - 3:00 pm at Bet Shira; 7500 SW 120th Street, Pinecrest Florida.   There will be music, food , adoptable dogs, speakers, veterinarians on hand to answer your questions, groomer, pet psychic...a fun day for the entire family.   This Pet Fair is proudly presented by Girl Scout Troop #317.      
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  Pinecrest FL Real Estate Market Report - September 30, 2009 As of the end of the month there were 215 homes for sale in Pinecrest Florida. 31 homes were under contract schedule to close. In September, 18 homes were sold/closed. September’s highest sale was for $1,900,000 lowest was for $482,500 The Pinecrest FL real estate market is doing much better in 2009 than it did in 2008.  In 2008 I feel the country was in so much turmoil and dealing with so many unknowns that folks were just afraid of making any major economic decisions.  In 2009 things have settled down a bit, the election is behind us, we are dealing with the banking turbulence, interest rates are still attractive, etc. Just to do a monthly comparison, the Pinecrest FL real estate market report for the month of September 200...
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By Lynn Cromer
(ReMax Advance Realty)
Coldwell Banker's regional V.P., Charles Richardson sent all his agents a great message yesterday that I would like to share with you.  Although there is still plenty of challenge remaining in the Miami housing market, sales are up a whopping 62% in the first 8 months of this year, compared with the same time last year! Interest rates remain steady and inventory is down. There are currently 34% less homes on the market right now from the same time last year. Inventory supply has also decreased considerably from a 30 month inventory supply in January to an 18 month supply in August. Charles, and I included, believe there might not be a better time to buy than now.  According to RAMB (Realtor Association of Miami and the Beaches) sales in the luxury marketplace are soaring. In the first q...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  You have found the house you want to purchase; you’ve gone through all the negotiations, loan requirements, inspections, appraisal, etc.  Weeks have gone by and now you’re at the closing table – the key is just a few minutes away, but wait, there’s one more hurdle - the HUD Settlement Statement. The HUD statement (Department of Housing and Urban Development) is a document that itemizes all debits and credits to the Buyer and the Seller.  It’s a list of what you are paying, to whom and for what, and what credits are being given to you.  You really should receive your HUD statement at least one day before closing; but in real life, that usually doesn’t happen.  Most times you will see the HUD statement a few hours before closing and sometimes not until you get to the closing table.  In ...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Fl rentals are available and at a wide range of prices.  We have condos, townhomes and single family homes for rent.  Now that being said, a Pinecrest Fl rental will usually be more expensive because of the demand and the relatively low inventory. The demand is high because Pinecrest Florida is one of the most desirable areas of Miami-Dade County; and families with children want to move to Pinecrest because of the excellent schools.  The inventory tends to be low because it is very expensive for investors to buy properties in Pinecrest for rental purposes.   If I can be of assistance or if you have any questions, just give me a call.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Sunday, September 27th, 2009, Fairchild Tropical Garden is dedicating this day to "man's best friend".   Bring your dog out to visit the gardens and take the tram tour with you.  Tours on Sunday are given both in English and Spanish; you never know, your dog might be bilingual!  Please make sure your dog is friendly, has all vaccinations up to date and bring plenty of water - it will be hot, hot, hot.  Fairchild Tropical Gardens is located at 10901 Old Cutler Road in Coral Gables Florida.  The gardens will be open from 9:30am to 4:30pm.  
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