Miami Dream Home Blog by Jose Fuentes Real Estate Agent Miami Florida

agent top miami real Getty Images The housing market is a sizzling seller’s game at the moment, where homes stand to spark bidding wars and sell for sky-high prices. “COVID-19 caused so many people to re-evaluate their shelter needs, resulting in increased demand for homes and a continued lack of inventory,” explains Lindsay Reishman, founding partner at The Reishman Group in Washington, DC. All in all, this is great news for sellers—yet with soaring prices and high expectations come a whole new set of possible pitfalls that could trip up inexperienced sellers, particularly if they’re selling for the first time. Curious how you might risk ruining a good thing? We asked some real estate experts to identify what many first-time home sellers get wrong when listing their home today.  1. Overpricing your property Just because sellers dominate now, don’t think “red-hot market = super high list price.” A smarter strategy is to list lower than your goal and let the market do it

agent top miami real Vertical construction is expected to begin this fall for Baccarat Residences Miami, a 75-story luxury condominium tower planned for 99 Southeast 5th Street in Brickell, Miami's Financial District. Designed by Miami-based international architecture firm Arquitectonica and developed by Related Group in collaboration with French luxury brand and fine crystal manufacturer Baccarat, the 848-foot-tall superstructure will yield approximately 806,326 square feet of space including 318 condominium residences, 8 penthouses, 28 riverfront flats and duplexes, 73,000 square feet of amenities and a 10,000-square-foot waterfront ground floor restaurant. New York City-based Meyer Davis is handling interiors and Enzo Enea is the landscape architect. John Moriarty and Associates of Florida Inc. is the general contractor. best bienes realtor http://dlvr.it/SVpQL4

agent top miami real Construction’s expected to break ground on Health First Wellness Village––Melbourne, a venture estimated to cost more than $100 million to complete. Sitting on a 22-acre lot, the development calls for 10 buildings. best bienes realtor http://dlvr.it/SVpJsx

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agent top miami real Related Group recently filed plans for Gallery at Marti Park, a 12-story mixed-income development proposed for 450 Southwest 5th Street in the Little Havana neighborhood of Miami. Designed by Doral-based CMA Architects, the project aims at providing high quality housing for low income households at 30% and 80% of AMI as well as market rate households. Plans call for 167 residential units in a mix of one- and two-bedroom floor plans ranging between 622 and 850 square feet, of which 85 will set aside for low income housing, and a 5,200-square-foot community center. best bienes realtor http://dlvr.it/SVm9gM

agent top miami real Flagler Station in West Palm Beach, Florida, is slated to end construction later this year. The multi-million-dollar venture will measure eight stories above grade and offer close to 100 affordable housing units. best bienes realtor http://dlvr.it/SVm3t2

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agent top miami real Getty Images / Realtor.com Now with the Las Vegas Raiders, linebacker coach Antonio Pierce is passing along his offseason home in Palos Verdes Estates, CA, for $2,998,000. The 43-year-old picked up the coastal abode for $1,649,000 in 2018, during his time serving as linebacker coach for Arizona State University. Should the former linebacker secure a sale for full price, he’ll tackle a hefty profit. And the price he’s landed on is well within the range for the area. The wealthy enclave south of Los Angeles has just 65 listings, with a median list price of $3.45 million. Homes on average are on the market a scant 44 days. Updated abode Located in the upscale coastal community, master-planned by landscape architect Frederick Law Olmsted Jr., the property offers 2,205 square feet of living space and spectactular ocean views. Built in 1963, the three-bedroom home has been “beautifully updated,” according to the listing. The layout features an entry with a

agent top miami real Photo Illustration by Realtor.com. Source: Getty Images Despite the sweltering heat, real estate’s red-hot tear is, at long last, slowing down and chilling out. In our series “How’s the Housing Market This Week?” we look at the four crucial indicators: home prices, new listings, days on the market, and mortgage rates. For the week ending July 23 (the most recent research available), all four are showing noteworthy shifts that suggest that the raging seller’s market of the past two years might be balancing out. This is potentially good news for homebuyers but not so much for sellers, who are on edge and worried they’ve missed the peak to cash in. Given things are changing fast, here’s the information you need right now to navigate today’s treacherous market prepared. Weekly Housing Trends. Realtor.com 1. Asking prices are still up, but getting cut left and right The latest June data from Realtor.com® places the median home price nationwide at a record-se

agent top miami real Edgewater Collective is still unfolding in Miami, Florida. The $245 million venture will offer both residential and retail space. Upon completion, it’ll comprise three high-rise towers, measuring about 30 to 40 stories above grade. Per... best bienes realtor http://dlvr.it/SVjFRT

best bienes realtor Some Highlights * The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. * Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes selling above asking price. * If you’re ready to buy a home, now may be the moment you’ve been waiting for. Partner with a real estate professional to start the homebuying process today. agent top miami real http://dlvr.it/SVjBQP

best bienes realtor A building built in 1957 located in the 1500 block of Northwest 62nd Terrace in Hialeah-area has a new owner. The 2,268-square-foot property was sold on June 22, 2022. The … Click to Continue » agent top miami real http://dlvr.it/SVgBXk

best bienes realtor The spacious property located in the 16500 block of Northwest 84th Avenue in Miami Lakes was sold on June 15, 2022 for $1,050,000, or $239 per square foot. The house … Click to Continue » agent top miami real http://dlvr.it/SVfP6V

agent top miami real Photos courtesy of Bravo / @thechristinequinn via Instagram / Getty Images It’s hard to scroll through social media or flip a channel without encountering a real estate influencer who is ready to either sell your home or make it more fabulous. And chances are, you are eager to hear what they have to say. After all, they are famous. The rise of the ubiquitous real estate pro-celebrity makes sense. There are addictive reality TV shows like “Selling Sunset,” where you’ll binge on Grant Cardone‘s advice—along with his 4 million-plus, highly engaged followers on Instagram. Or maybe you tune in for makeover programming like HGTV’s “Property Brothers.” “Selling Sunset” Nino Munoz/Netflix There are many TV shows battling for attention in the home improvement/selling space, and major stars have emerged from the most popular ones. Most are eager to expand their digital footprint with spinoff shows, Instagram feeds, and YouTube tutorials. So is real estate “influencin

best bienes realtor If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. agent top miami real http://dlvr.it/SVdwtS

agent top miami real Getty Images First-time homebuyers are no doubt excited when they move in, and eager to furnish their new digs with all the essentials. But here’s the rub: While they may be thrilled to buy the perfect coffee table and ottomans—and those things are certainly nice to have—they may not be exactly necessary. In the excitement of setting up your first house, it’s all too easy to overlook a few items that will truly come in handy. Curious about what you might be missing? We canvassed new homeowners as well as real estate pros for the essentials you’ll want at the ready on move-in day. Behold these eight surprising must-haves to add to your cart, plus some advice on picking the best of the bunch. 1. Fire extinguisher There’s a 15-foot range, and it’s rechargeable. The Home Depot Every broker and homeowner polled for this article made a fire extinguisher priority No. 1. Place one on every floor in your new home, and definitely include one in the kitchen since

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agent top miami real Applications for building permits have been submitted to the Federal Aviation Administration (FAA) for at least two potential structures at Related Group's 3.9-acre development site in Brickell, where the developer plans a waterfront-facing mixed-use complex with as many as three towers. The first set of permits reveal a filing for an 897-foot-tall structure, or 901-feet above sea level, specifically at 444 Brickell Avenue. A second set of permits were filed for an 848-foot-tall structure, or 852-feet above sea level, around the northwest corner of the site which is likely 99 Southeast 5th Street. Both permit applications were created and filed on July 15, 2022 and are now under review by the FAA. best bienes realtor http://dlvr.it/SVZzCr

agent top miami real Montage at Midtown is a new multi-family venture slated for Fort Myers, Florida. The million-dollar venture will offer 321 units on a 4.71-acre plot. According to the Fort Myers Community Redevelopment Agency, the project will deliver three buildings: a four-story residential building, a five-story amenity building, and a six-story, 585-spot parking garage. best bienes realtor http://dlvr.it/SVZjsV

best bienes realtor There are more homes for sale today than at any time last year. agent top miami real http://dlvr.it/SVZd8W

agent top miami real Collage by Realtor.com / Getty Images Buying a home today has become a bit of a blood sport, rife with bidding wars pushing offers well over the asking price as buyers scramble to land a house. It’s been hard, we won’t lie. But every seller’s market does eventually have an end. Now, it appears that in certain areas, the market pendulum might slowly but surely be swinging back in a buyer’s market direction. In order to discern a shift, however small, from a seller’s to a buyer’s market in your area, let’s first take a look at what defines those buying/selling environments. What is a seller’s market? To put it simply, a seller’s market happens when there are more homebuyers than sellers. Based on the basic law of supply and demand, this means that sellers have the upper hand and can sell their homes quicker, at higher prices, with little pushback from buyers. There are many conditions that have upheld the current seller’s market, which was gaining moment

agent top miami real Getty Images The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in June, from a revised 642,000 in the prior month, the Commerce Department reported Tuesday. The number of new homes sold is the lowest since April 2020, during the depths of the coronavirus pandemic. Sales have fallen since hitting a peak of 1.04 million in August 2020. Analysts polled by the Wall Street Journal had forecast new home sales to come in at 660,000 in June. Year-over-year, new home sales are down 17.4%. New homes sales rose a revised 6.3% to 642,000 in May compared with the initial estimate of a 10.7% gain to 696,000. The new home sales data are often revised. Key details: The median sales price of new homes sold in May was $402,400. The supply of new homes for sale rose by 10.7% between May and June, equating to a 9.3-month supply. That’s the highest figure since 2010, Stephen Stanley, chief economist at Amherst Pierpont, said in a note.

agent top miami real OKO Group and Cain International have broken ground on their next joint venture development, One River Fort Lauderdale, a 34-story tower located at 629 Southeast 5th Avenue that will yield 365,203-square-feet including 251 high-end apartments, 2,600 square feet of ground level retail space and a 6-story, 337-space parking garage. On Friday, July 22nd, a ceremonial groundbreaking was held at the site to commemorate the start of construction. Notable attendees included City of Fort Lauderdale Mayor Dean Trantalis, and Vice Mayor Ben Sorensen. The groundbreaking announcement follows recent news that the development team secured $97.2 million in financing from Bank OZK and JVP Management to help fund construction of the tower. Construction is expected to be completed in late 2024. best bienes realtor http://dlvr.it/SVWlhL

best bienes realtor Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. agent top miami real http://dlvr.it/SVWV2B

agent top miami real Getty Images Home sellers today might find themselves encountering a sharp and painful divide between their hopes and reality. The hope, of course, is that their house will quickly fetch multiple offers way over the asking price. The reality? Their property might sit for a while, perhaps with no offers at all. At that point, sellers might have to contemplate what not long ago was unthinkable: slashing the asking price of their home. While price reductions might have been a rarity during the red-hot seller’s market of the past couple of years, they’re becoming increasingly common today. Realtor.com listing data shows that the share of homes that reduced their list price reached 14.9% in June versus 7.6% a year earlier. Why have price cuts on listings nearly doubled? Because many home sellers have yet to adjust their lofty expectations against the harsh new reality that has rapidly taken over the real estate market today. Mortgage rates are up, curbing homebuy

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best bienes realtor The developer of the proposed 61-story Brickell Gateway tower has submitted a request for final approval of the tower from county planners, and released a new rendering. According to a July 22 submission to Miami-Dade, Brickell Gateway is planned to rise 747 feet above ground and include: * 504 multifamily residential units * 18,287 square feet of retail space on the first two floors * 348 parking spaces Instead of going through the City of Miami planners, the developers are taking advantage of the property location in a rapid transit zone, allowing review by county planners. Final review of the project is now underway by the county, after the process began in March. Demolition at the site was completed within the past few months. Gazit Horizons and Atlantic Pacific are the developers, with Corwil the architect.   agent top miami real http://dlvr.it/SVTWvK

agent top miami real Miami-based Mast Capital received building permit approvals from the Federal Aviation Administration for two structures located at 1420 South Miami Avenue in Brickell, where the firm is planning a 2.6-million-square-foot mixed-use development with three towers across a 2.76-acre site. The tallest structure, the 80-story condominium dubbed Cipriani Residences, will rise 940-feet, or 950-feet above sea level. The second structure, a 59-story apartment tower, will top out at 693-feet, or 710-feet above sea level. Aeronautical studies conducted by the FAA revealed neither of the two structures would have any adverse effects on the navigable airspace. best bienes realtor http://dlvr.it/SVShDD

agent top miami real Getty Images Just a few months ago, home sellers were living the high life. Once they decided to list their homes, everything was smooth sailing all the way. They didn’t have to bother with fixing much of anything or staging rooms to look bigger or better. Heck, many didn’t even trouble themselves to clean their homes before opening them up to eager buyers. And yet many sellers were still receiving multiple offers well over the asking price from buyers, who were often waiving home inspections and every other conceivable contingency to nail down a deal. The times, as they say, are a-changin’. Fast. Buyers are now dropping out of the market like woozy midsummer flies due to record-high and still-rising home prices coupled with higher mortgage rates pummeling their inflation-battered budgets. Fears of another recession, stock market drops, and a growing sense of ennui over the state of the world are also sidelining buyers. Sellers who watched as their neighbors

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agent top miami real GregorBister/iStock We all have our own vision of how we’ll one day retire, from whiling away our days with our grandkids to hitting the pickleball courts every morning, to joining the Rolling Stones on tour (because they will never, ever go away). One dream, however, is common to three-quarters of older adults: They want to stay in their current home. For the rest of their lives. The problem with that idea is that many of today’s homes aren’t equipped to handle the needs of aging Americans. However, a movement is growing to make homes livable for people of all ages, and age-related disabilities. The idea is to make the homes more accessible and inhabitable as the years turn into decades—but to do so early on and relatively unobtrusively. Newer homes are likely to have such features already, and contractors are increasingly helping retrofit older homes with them, too. While it’s easy to put off thinking about aging in place, it’s better to start considering

agent top miami real Construction started on Biscayne House in Spring 2022, a 12-story venture that will offer 75 “micro-units.” Of those 12 stories, the first four are set aside for a parking garage. The remaining eight stories will comprise homes measuring 369 square feet to 547 square feet each. best bienes realtor http://dlvr.it/SVQCKF

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best bienes realtor While these new virtual technologies may not impact your business today, they have the potential to do so in the future. Be ahead of the curve and understand this new virtual world. Shari Roberts, a broker-associate at eXp in Palm Beach, uses the metaverse, a virtual world where eXp agents and leaders can meet in video-game style, to smooth out rough edges during a closing. Shari Roberts “I was at a closing, and it was not going well. I popped open my laptop, connected to the eXp World metaverse at the title company’s closing table and [spoke] to one of our managing brokers. [Using the] chat [function], he sent me the document I needed. I uploaded it and had it signed electronically by the buyers and sellers into our software platform. I then [sent my avatar] over to speak with our compliance department and was able to close then and there. Did I mention it was 5 p.m.? It blew everyone’s mind at the closing table.” Talking on the phone, showin

agent top miami real Fort Lauderdale's Development Review Committee (DRC) is scheduled to consider and review plans for ArtsPark Lofts, a 30-story mixed-use multifamily and commercial development proposed for 407 North Andrews Avenue in Flagler Village near the Brightline Fort Lauderdale Station. Designed by FSMY Architects & Planners with landscape architecture and civil engineering by KEITH and developed by Merrimac Ventures (Merrimac), a Fort Lauderdale-based development firm led by the Motwani family of real estate developers, the project comprises 396,757 square feet of space including 289 residential units, 1,914 square feet of commercial space and a 6-story parking garage integrated into the podium for 359 vehicles. The DRC is scheduled to review the proposal for ArtsPark Lofts on Tuesday July 26, 2022. 421 N Andrews LLC and Broward Station Andrews LLC, entities  best bienes realtor http://dlvr.it/SVNH0Y

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agent top miami real By Lizzie Weakley When you are taking a shower, the last thing you want to notice is water that is ponding up around your feet. Unfortunately, this means you have a clogged shower drain. Though this is a problem that always seems to occur at the most inopportune time, the good news is that you […] The post 4 Ways To Unclog A Shower Drain appeared first on RISMedia\'s Housecall. best bienes realtor http://dlvr.it/SVKyYJ

agent top miami real Photo. by @aaronpaul via Instagram / Realtor.com Actor Aaron Paul has put his fabulous midcentury modern home in Boise, ID, on the market for $1,349,500. The Emmy winner, who’s known for his work on AMC’s “Breaking Bad” and his current role on HBO’s “Westworld,” referenced the residence in a recent Instagram post. Paul, an Idaho native, said that while it “pains” him to sell the place, he feels “blessed to have lived inside of this home for so many years.” Built in 1959, the Frank Lloyd Wright–inspired home measures 2,171 square feet and has two bedrooms. “The home was designed by world-renowned midcentury architect Art Troutner,” says listing agent Piers Lamb, of Re/Max Capital City. Beyond the picture-perfect design described as “very minimalistic” by the agent, the indoor swimming pool is an impressive feature. And there’s a reason the pool fits right in. “The site for the home is very unique as it was located on geothermal mineral water, so the whole

agent top miami real On July 20th, this past Wednesday, the Miami Beach City Commission voted 5-1 to move forward with the redevelopment plans of the former Deauville Beach Resort site at 6701 Collins Avenue in North Beach, Miami Beach. New York’s Related Companies, the development firm behind Hudson Hards and Deutsche Bank Center led by Stephen Ross, is leading the redevelopment of the property and has released the first glimpse of the proposed project designed by legendary expressionist architect Frank Gehry with a conceptual model unit presented at the commission meeting. The mixed-use project is to be Equinox-branded, and would comprise a 175-key high-end hotel and 150 luxury condominiums spread across two towers. Miami Beach residents are up next to vote on the fate of this project, and will be asked to approve zoning changes for increased height and density on November 8, 2022.  best bienes realtor http://dlvr.it/SVKjfc

agent top miami real Photo by @chairishco via Instagram Summer’s in full swing! And for the next month, it’s officially Leo season. And if you know anything about astrology, you know this sign is royal. That’s right—Leos like to hold court and don’t mind boldly taking the spotlight. (In fact, they rather like it!) With that in mind, this week’s Instagram-inspired dining room design trends all have a regal flare fit for a (lion) king or queen. And when it comes to adding a bit of glamour to your home, the dining room is a perfect entryway to elegance. “Formal dining isn’t something that has to happen outside of the house,” says interior designer Jamie Rae Walker, co-founder of J-shui Decor. “With some artfully placed, opulent decor touches, it’s easy to add luxury to your at-home dining experiences—even if you’re in your pajamas.” Ready to dine like royalty? Here are five designs that will instantly bring glamour to your dining room. 1. Dramatic colors and crushed velvet chairs