Aug 29

New Home Construction Rises In The Waterfront Community Of Golden Isles Hallandale Florida

By Scott Patterson

There has been a rise in new home construction in the waterfront community of Golden Isles in Hallandale Florida. All the homes pictured below are currently under construction and are being built by end users, only one is a “Spec” home.  All of these homes are nearly complete.  There are also 3 new vacant land purchases that will soon also have new homes built.

Golden Isles itself has been going through a makeover including new bridges, new guard house and new water lines.  These new homes will further improve the aesthetic appeal of the community and continue to establish Golden Isles as a very desirable deep waterfront community in South Florida. For more information on Golden Isles and/or properties for sale contact me at 954.661.8871.

Aug 11

Real Estate Pricing is Key !

By Scott Patterson

I listed PH4 at the 7000 Building in Williams Island and in less than a week it was under contract for almost full price. If you price it right it will sell ! Whereas another penthouse in the building has been on and off the market since 2004 starting at $3.1 million to now $1.750 million.

When a Listing is on the market for a long period of time, it becomes stale. PH4 pictured below was listed for $1,495,000 and sold for $1,485,000 in less than a week, this was a cash transaction and an International Buyer. The seller was realistic in his asking price and the Buyer recognized its great value and therefore paid almost list price. If a Buyer sees value and you price it right from the start you have a great chance of selling it quicker.  Pricing is an important factor especially in today’s real estate market.

For real estate information on your condo or home, contact me anytime.

Aug 03

8 Year Snapshot of Single Family Real Estate Inventory In Miami Dade County

By Scott Patterson

As a follow up to my recent real estate blog illustrating the Broward County 8 yr. real estate inventory, here is the 8 year graph of the Miami-Dade County single family market. This is a great illustration to truly understand the market, as you will see Miami-Dade and Broward Counties have similar graphs but keep in mind this is a summary of all the single family inventory and all price ranges in Miami-Dade county.  To completely understand the market, you need to remember the market is “Community Specific”, “Area Specific” and/or “Building Specific”, in other words you cannot compare one community to another as well as water v.s. non-waterfront.  Every city, community and subdivision is different and to get real specific information about communities such as: Golden Beach, Aventura, Sunny Isles, The Point of Aventura, One Island Place and Presidential Estates we would need to dissect them individually.

If you would like to get real estate stats on your community, feel free to contact me.


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