Victor Mills

2009 ended and 2010 started with a flurry of activity. Buyers are realizing there’s no advantange to wait any longer. Marc Roth with BusinessWeek posted an article Dec. 8, 2009 titled “If You Don’t Buy a House Now, You’re Stupid or Broke.” Great history lesson on interest rates, how they affect loan costs, and why [...] Read full article »

Another week flew by. Seems like the days are going by faster the closer we get to the holiday season. The days are shorter, it’s getting dark earlier, and buyers that want to take a look at houses after work are ending up seeing one or two after dark. I had a 5:30 appointment last [...] Read full article »

Wow, last week went by fast. Here’s the sales activity from our local MLS from last Wednesday, November 4, 2009 through tonight, Tuesday, November 10, 2009 where the only banks involved in the transactions were doing loans for buyers. (There’s a link to the complete data report at the end of this post)  Pinecrest currently has 167 [...] Read full article »

Hey, what’s the deal with that vacant land next to Evelyn Greer Park in Pinecrest? If you’ve driven by and wondered what’s up with that prime acre of property, read on. The Village of Pinecrest has always been a prestigious and highly sought after location. For some, purchasing the right house in this ideal location is [...] Read full article »

Here’s the sales activity from our local MLS from last Wednesday, Oct. 28, 09 through last night, Tuesday, Nov. 3, 09. Village of Pinecrest As of last night Pinecrest has a total of 189 single family homes for sale. Only one is a foreclosure… Notice the pattern? In each area, short sales out number the foreclosures when [...] Read full article »

Real estate market activity reported on our local MLS for 10/18/09 through 10/26/09  for the Village of Pinecrest, the Village of Pametto Bay and Cutler Bay. There’s a small window of opportunity for sellers right now while there’s little competition with foreclosure sales and the holiday season approaching. Read full article »

Home values have been affected by foreclosures. Unless you’ve been on an extended vacation to Mars, you’re fully aware of this by now. You’re probably also aware that a housing recovery may not be a steady return. It’ll more than likely take a winding road back. Here’s some current facts regarding foreclosures in the Village of Pinecrest, the Village of Palmetto Bay and Cutler [...] Read full article »

September numbers are in. Here’s a quick comparison of how September 2009 compared to September 2008. In Miami-Dade County, there were 46.2% fewer single family homes for sale at the end of September 2009 than there were at the end of September 2008, and there were 33.7% more sales recorded in September 2009 than there were in September 2008. The [...] Read full article »

The Village of Pinecrest and the Village of Palmetto Bay have been known for great schools. There are some residents that moved to these areas just to be in those school districts.   According to the  A+ Plan for Education, schools are assigned a grade, primarily based on student achievement data from the FCAT. The grades are calculated based [...] Read full article »

Buzz words that still make a buyer’s heart skip a beat… REO’s, Foreclosures and Short Sales. They’ve been around in large numbers for a while now. No one disputes the fact that property values have declined. There’s not a whole lot of argument as to why it happened either. The 30+ % increases we were enjoying before April 2005 just [...] Read full article »