April 2014

April 8, 2014

Just Listed: 5210 RIVIERA DR. – Lowest Priced Waterfront Property in Coral Gables!

Details of 5210 Riviera Drive: Bedrooms: 3 Bathrooms: 2 2,546 Sq. Ft. Lot Size: 9,121 Sq. Ft. Listed at: 1,447,999       Specializing in the Miami Real Estate Market
April 7, 2014

Do You Make a lot of Mistakes When it Comes to Managing your Finances? Here are Some of the More Foolish Things we Often do – or Don’t Do

Not having a budget You can’t begin to manage your finances until you know what’s coming in the door, and what’s going out. You need a money management tool!  Track your finances, budget, set goals and more. And when you sync your various accounts – savings, checking, investment – you’ve got everything in one place. That makes it easier to stay organized, do more with your money, and ultimately keep those mistakes to a minimum. Failing to maximize tax breaks Every year, Americans make all sorts of mistakes on their taxes, costing them hundreds, if not thousands, of dollars. And […]
April 3, 2014

Another Coral Gables Listing by Oscar Arellano: 806 Parma Avenue

Another listing by Oscar Arellano in Coral Gables. This updated five bedroom, four and half bathroom home has 4,527 sq.ft. of living space on an oversized 17,500 sq. ft. lot. The home features a gorgeous top of the line kitchen that opens to an expansive terrace and large pool. There is a formal dining room that also leads out to the trellis-covered deck. Other features include a huge master bedroom with high vaulted ceilings, as well as a 2-car garage with maids quarters. Details of 806 Parma Avenue, Coral Gables: Bedrooms: 5 Bathrooms: 4 1/2 4,527 Sq. Ft. Living Space […]
April 2, 2014

Oscar Arellano’s Listing at 1257 Medina Ave, Coral Gables Rented in 3 Days!

This wonderful home at 1257 Medina Ave in Coral Gables has been rented is just three days. It is on a tree lined, quiet street and is great for small families. There is an open porch entry with lots of light, high ceilings, and working fireplace. The home also has wood floors, an over sized master bedroom, and an office which can be converted into a third bedroom. Out back is a gorgeous Spanish courtyard patio. Details of 1257 Medina Ave, Coral Gables: Bedrooms: 2 Bathrooms: 2 1,717 Sq Ft living space 5,000 Sq Ft lot If you missed out […]
April 1, 2014

30-Year Fixed Mortgage Rates Drop, Erasing Prior Gains

Mortgage rates for 30-year fixed mortgages fell last week, with the current rate 4.25 percent, down from 4.27 percent at this same time last week. The 30-year fixed mortgage rate peaked on Wednesday at 4.29 percent before falling to 4.20 percent, where rates hovered for the remainder of the week. Rates dropped last week, erasing most of the run-up triggered previously by the Fed’s surprisingly aggressive guidance on plans to increase the Federal Funds Rate. They expect rates to remain fairly steady this week, not making any significant movements until after Friday. Additionally, the mortgage rate this morning was 3.22 percent and for the rate was 2.77 […]
April 1, 2014

Coral Gables March 2014 Sales Trends

  The month of March showed a noticeable increase in the amount of sales in Coral Gables. There were 39 single family home sales this month, compared to last months total of 24 sales. Of the 39 sales, only four of which were waterfront and golf view properties. The average price per square foot for non-waterfront homes was $314, which is the coincidentally the exact same as last month. The average sales per square foot for waterfront homes dropped down to $499 from $598 last month. However, on both the graph and in this average, I omitted one sale last […]