Wednesday, July 27, 2011
Deal fell through due to Financing.
Your opportunity to own this spacious Executive home in West Kendall.
This Gorgeous 2 story house in Exclusive Kendall Country Estates has 2,884 square feet of living area. The Open Kitchen with Island looks over both family and dining rooms. Back yard with beautiful foliage and trees, Finished 2 Car garage with washer and dryer. Tray ceilings in the huge master bedroom upstairs.
Home has both Cherry wood laminate flooring and carpet in the bedrooms and porcelain tile in the downstairs area.Hurricane Shutters throughout. Call Listing agent to show. 24 hours notice please. Carlos del Amo or Charles Simmons
Posted by Carlos del Amo at 12:33 AM
Monday, January 3, 2011
Will the real estate market recover for 2011 or
will it be a flat for housing prices ?
In the January 2011 issue of Realtor Magazine, Robert Freedman a senior editor of REALTOR® magazine wrote a great article titled "The elements needed for a 2011 housing recovery are lining up,
but business spending and consumer confidence could spin the cycle into an undesired direction".
I thought the article nailed my outlook for real estate in 2011. I'm perhaps a little more optimistic than
Mr. Freedman here in Miami where I see a huge pent up demand to purchase homes and condos before rates go above 5 %.
"There will be two steps forward, one step back, with sizable local market differences," says NATIONAL ASSOCIATION OF REALTORS® Chief Economist Lawrence Yun, " but the trend nevertheless will be a rise in home sale activity in the upcoming years."
Some other points to the article are:
Will Businesses Pony Up?
The reluctance among business leaders to spend, despite sitting on money from strong profit growth during the recovery, stems from low consumer confidence. But this reluctance isn’t expected to last much longer. Yun and other analysts say business cash reserves have grown to the point where corporate leaders have to start deploying their money to get the kinds of returns their investors want to see.
Low Prices Will Spur Recovery
"Home prices have overcorrected a bit," Yun says. "The cost of duplicating an existing home, when you factor in the expense of buying bricks and mortar and putting it all together, is going to be more expensive."
One reason that replacement costs are up is the large number of foreclosures that have to be worked through the market before existing-home prices can start to rise in any significant way. Yun expects foreclosed homes to account for a third of sales well into 2011, about the same as in 2010. "My best guess is that this year, people will be buying a lot of the foreclosed properties, but it will still take an additional one-and-a-half years to bring the inventory down to a more normal level."
The Threat of Inflation
One of the big remaining questions is whether inflation, long dormant, is poised to return in 2011 or 2012 as the recovery solidifies and businesses start to raise prices.
But there are signs that prices could start heading up soon, a possibility that the Federal Reserve fueled in late 2010 when it announced it would flood the economy with money by buying $600 billion worth of Treasury bonds in the first three quarters of 2011 to stimulate growth.
One of the great things I love about being a Broker which I learned as a Wall Street Financial advisor is information and being informed of the latest news and events that will impact my clients and our industry. The monthly newsletter from NAR has been an invaluable tool to educate my clients and fellow agents.
Wednesday, December 22, 2010
Fulfilling our clients wants and needs is what makes owning Smart Growth Realty so special to be a part of. We profile every client before we ever go show any properties. You see most real estate agents are so excited with working with a prospect they really don't take the time to listen to what they are really looking for in a home. In some cases what the client wants is not always what they purchase.
Take this perfect example:
I got a phone call from Mr. Diaz on one of my listings in Coral Gables. I let him know that my wife Giselle was doing an open and to go by. Giselle and Mr. Diaz clicked right away and a week later we had him as a client. In the coming months we previewed several properties and made some offers on REO's that never materialized. One day on a business trip to Colombia, I sent Mr. Diaz an email with a property that came on the market I thought he would like. Location and size was perfect , but not the price and style.
Our client had always wanted a 1920's Old Spanish gables home. I love the Old Spanish, however it if has not been totally remodeled to new building code it could be a money pit for the new owner. As time passed we saw other styles like mediterrenean and contemporary. When he arrived from Colombia we set up a meeting with a wonderful Kerdyk realtor named Rachelle Kaplan. We met at this lovely home steps away from the University of Miami off San Amaro. I introduced Rachelle to Mr. Diaz and we proceeded to look over the home.
The homes was custom built in the late 60's with an incredible open floor plan. Very unique for the time. Terrazzo floors in the living room and open family room that overlooks the pool. We also had the pleasure speaking with the original owner who built the house. In a market where Short Sales and Foreclosures still dominate the market,it was nice actually being involved in a NON Third Party Transaction. To make the story short,both buyer and seller were very happy and closed within 36 days.
Guacamole Anyone ?
The key in my opinion to being a successful broker or real estate agent is two things :
1. Put AWAY your EGO.
2. LISTEN and LISTEN !
Believe it or not the second one is sometimes the hardest to master. Pay attention to your clients conversations and take little bits and pieces and store them in the back of your head for future use. As an active member of the USGBC South Florida Chapter and Co- Chair on LEED for homes our company wants to make an impact on our environment,planet and homeowners lives.
During a simple conversation during the inspection of the home, I heard my client mentioned about the avocado tree lost in the storms. The bulb went on ! We had just received and avocado tree from Adopt A Tree at JC Bermudez park in Doral several weeks before. Giselle mentioned to me what a great idea to Reuse and donate the avocado tree to our clients as part of our company's green initiative program. We are happy to say both owner and tree are getting along very well.
Note: A single tree will absorb one ton of carbon dioxide over its lifetime. Shade provided by trees can also reduce your air conditioning bill by 10 to 15%.
Tuesday, December 21, 2010
While surfing the web for green sites to see what is new in my industry, I came across this site on Global Warming. I knew many ways to reduce the production of greenhouse gas but going through this list I picked some others I was not aware of. It is important that we all do our part to make this planet a wonderful place to live for future generations.
Smart Growth Realty is Miami based sustainable real estate franchise specializing in green building,remodeling and retrofitting. Smart Growth agents possess the neighborhood knowledge and personal attention that can resolve any problems you might have in achieving and realizing your real estate needs.
1.Replace a regular incandescent light bulb with a compact fluorescent light bulb (cfl)
CFLs use 60% less energy than a regular bulb. This simple switch will save about 300 pounds of carbon dioxide a year.We recommend you purchase your CFL bulbs at 1000bulbs.com, they have great deals on both screw-in and plug-in light bulbs.
2.Install a programmable thermostat
Programmable thermostats will automatically lower the heat or air conditioning at night and raise them again in the morning. They can save you $100 a year on your energy bill.
3.Move your thermostat down 2° in winter and up 2° in summer
Almost half of the energy we use in our homes goes to heating and cooling. You could save about 2,000 pounds of carbon dioxide a year with this simple adjustment.
4.Clean or replace filters on your furnace and air conditioner
Cleaning a dirty air filter can save 350 pounds of carbon dioxide a year.
5.Choose energy efficient appliances when making new purchases
Look for the Energy Star label on new appliances to choose the most energy efficient products available.
6.Do not leave appliances on standby
Use the "on/off" function on the machine itself. A TV set that's switched on for 3 hours a day (the average time Europeans spend watching TV) and in standby mode during the remaining 21 hours uses about 40% of its energy in standby mode.
7.Wrap your water heater in an insulation blanket
You’ll save 1,000 pounds of carbon dioxide a year with this simple action. You can save another 550 pounds per year by setting the thermostat no higher than 50°C.
8.Move your fridge and freezer
Placing them next to the cooker or boiler consumes much more energy than if they were standing on their own. For example, if you put them in a hot cellar room where the room temperature is 30-35ºC, energy use is almost double and causes an extra 160kg of CO2 emissions for fridges per year and 320kg for freezers.
9.Defrost old fridges and freezers regularly
Even better is to replace them with newer models, which all have automatic defrost cycles and are generally up to two times more energy-efficient than their predecessors.
10.Don't let heat escape from your house over a long period
When airing your house, open the windows for only a few minutes. If you leave a small opening all day long, the energy needed to keep it warm inside during six cold months (10ºC or less outside temperature) would result in almost 1 ton of CO2 emissions.
11.Replace your old single-glazed windows with double-glazing
This requires a bit of upfront investment, but will halve the energy lost through windows and pay off in the long term. If you go for the best the market has to offer (wooden-framed double-glazed units with low-emission glass and filled with argon gas), you can even save more than 70% of the energy lost.
12.Get a home energy audit
Many utilities offer free home energy audits to find where your home is poorly insulated or energy inefficient. You can save up to 30% off your energy bill and 1,000 pounds of carbon dioxide a year. Energy Star can help you find an energy specialist.
13.Cover your pots while cooking
Doing so can save a lot of the energy needed for preparing the dish. Even better are pressure cookers and steamers: they can save around 70%!
14.Use the washing machine or dishwasher only when they are full
If you need to use it when it is half full, then use the half-load or economy setting. There is also no need to set the temperatures high. Nowadays detergents are so efficient that they get your clothes and dishes clean at low temperatures.
15.Take a shower instead of a bath
A shower takes up to four times less energy than a bath. To maximize the energy saving, avoid power showers and use low-flow showerheads, which are cheap and provide the same comfort.
16.Use less hot water
It takes a lot of energy to heat water. You can use less hot water by installing a low flow showerhead (350 pounds of carbon dioxide saved per year) and washing your clothes in cold or warm water (500 pounds saved per year) instead of hot.
17.Use a clothesline instead of a dryer whenever possible
You can save 700 pounds of carbon dioxide when you air dry your clothes for 6 months out of the year.
18.Insulate and weatherize your home
Properly insulating your walls and ceilings can save 25% of your home heating bill and 2,000 pounds of carbon dioxide a year. Caulking and weather-stripping can save another 1,700 pounds per year. Energy Efficient has more information on how to better insulate your home.
19.Be sure you’re recycling at home
You can save 2,400 pounds of carbon dioxide a year by recycling half of the waste your household generates.
20.Recycle your organic waste
Around 3% of the greenhouse gas emissions through the methane is released by decomposing bio-degradable waste. By recycling organic waste or composting it if you have a garden, you can help eliminate this problem! Just make sure that you compost it properly, so it decomposes with sufficient oxygen, otherwise your compost will cause methane emissions and smell foul.
One bottle of 1.5l requires less energy and produces less waste than three bottles of 0.5l. As well, buy recycled paper products: it takes less 70 to 90% less energy to make recycled paper and it prevents the loss of forests worldwide.
22.Choose products that come with little packaging and buy refills when you can
You will also cut down on waste production and energy use... another help against global warming.
23.Reuse your shopping bag
When shopping, it saves energy and waste to use a reusable bag instead of accepting a disposable one in each shop. Waste not only discharges CO2 and methane into the atmosphere, it can also pollute the air, groundwater and soil.
Most products we buy cause greenhouse gas emissions in one or another way, e.g. during production and distribution. By taking your lunch in a reusable lunch box instead of a disposable one, you save the energy needed to produce new lunch boxes.
25.Plant a tree
A single tree will absorb one ton of carbon dioxide over its lifetime. Shade provided by trees can also reduce your air conditioning bill by 10 to 15%. The Arbor Day Foundation has information on planting and provides trees you can plant with membership.
26.Switch to green power
In many areas, you can switch to energy generated by clean, renewable sources such as wind and solar. In some of these, you can even get refunds by government if you choose to switch to a clean energy producer, and you can also earn money by selling the energy you produce and don't use for yourself.
27.Buy locally grown and produced foods
The average meal in the United States travels 1,200 miles from the farm to your plate. Buying locally will save fuel and keep money in your community.
28.Buy fresh foods instead of frozen
Frozen food uses 10 times more energy to produce.
29.Seek out and support local farmers markets
They reduce the amount of energy required to grow and transport the food to you by one fifth. Seek farmer’s markets in your area, and go for them.
30.Buy organic foods as much as possible
Organic soils capture and store carbon dioxide at much higher levels than soils from conventional farms. If we grew all of our corn and soybeans organically, we’d remove 580 billion pounds of carbon dioxide from the atmosphere!
31.Eat less meat
Methane is the second most significant greenhouse gas and cows are one of the greatest methane emitters. Their grassy diet and multiple stomachs cause them to produce methane, which they exhale with every breath.
32.Reduce the number of miles you drive by walking, biking, carpooling or taking mass transit wherever possible
Avoiding just 10 miles of driving every week would eliminate about 500 pounds of carbon dioxide emissions a year! Look for transit options in your area.
33.Start a carpool with your coworkers or classmates
Sharing a ride with someone just 2 days a week will reduce your carbon dioxide emissions by 1,590 pounds a year. eRideShare.com runs a free service connecting north american commuters and travelers.
34.Don't leave an empty roof rack on your car
This can increase fuel consumption and CO2 emissions by up to 10% due to wind resistance and the extra weight - removing it is a better idea.
35.Keep your car tuned up
Regular maintenance helps improve fuel efficiency and reduces emissions. When just 1% of car owners properly maintain their cars, nearly a billion pounds of carbon dioxide are kept out of the atmosphere.
36.Drive carefully and do not waste fuel
You can reduce CO2 emissions by readjusting your driving style. Choose proper gears, do not abuse the gas pedal, use the engine brake instead of the pedal brake when possible and turn off your engine when your vehicle is motionless for more than one minute. By readjusting your driving style you can save money on both fuel and car mantainance.
37.Check your tires weekly to make sure they’re properly inflated
Proper tire inflation can improve gas mileage by more than 3%. Since every gallon of gasoline saved keeps 20 pounds of carbon dioxide out of the atmosphere, every increase in fuel efficiency makes a difference!
38.When it is time for a new car, choose a more fuel efficient vehicle
You can save 3,000 pounds of carbon dioxide every year if your new car gets only 3 miles per gallon more than your current one. You can get up to 60 miles per gallon with a hybrid! You can find information on fuel efficiency on FuelEconomy and on GreenCars websites.
39.Try car sharing
Need a car but don’t want to buy one? Community car sharing organizations provide access to a car and your membership fee covers gas, maintenance and insurance. Many companies – such as Flexcar - offer low emission or hybrid cars too! Also, see ZipCar.
40.Try telecommuting from home
Telecommuting can help you drastically reduce the number of miles you drive every week. For more information, check out the Telework Coalition.
Air travel produces large amounts of emissions so reducing how much you fly by even one or two trips a year can reduce your emissions significantly. You can also offset your air travel carbon emissions by investingin renewable energy projects.
42.Encourage your school or business to reduce emissions
You can extend your positive influence on global warming well beyond your home by actively encouraging other to take action.
43.Join the virtual march
The Stop Global Warming Virtual March is a non-political effort to bring people concerned about global warming together in one place. Add your voice to the hundreds of thousands of other people urging action on this issue.
44.Encourage the switch to renewable energy
Successfully combating global warming requires a national transition to renewable energy sources such as solar, wind and biomass. These technologies are ready to be deployed more widely but there are regulatory barriers impeding them. U.S. citizens, take action to break down those barriers with Vote Solar.
45.Protect and conserve forest worldwide
Forests play a critical role in global warming: they store carbon. When forests are burned or cut down, their stored carbon is release into the atmosphere - deforestation now accounts for about 20% of carbon dioxide emissions each year. Conservation International has more information on saving forests from global warming.
46.Consider the impact of your investments
If you invest your money, you should consider the impact that your investments and savings will have on global warming. Check out SocialInvest and Ceres to can learn more about how to ensure your money is being invested in companies, products and projects that address issues related to climate change.
47.Make your city cool
Cities and states around the country have taken action to stop global warming by passing innovative transportation and energy saving legislation. If you're in the U.S., join the cool cities list.
48.Tell Congress to act
The McCain Lieberman Climate Stewardship and Innovation Act would set a firm limit on carbon dioxide emissions and then use free market incentives to lower costs, promote efficiency and spur innovation. Tell your representative to support it.
49.Make sure your voice is heard!
Americans must have a stronger commitment from their government in order to stop global warming and implement solutions and such a commitment won’t come without a dramatic increase in citizen lobbying for new laws with teeth. Get the facts about U.S. politicians and candidates at Project Vote Smart and The League of Conservation Voters. Make sure your voice is heard by voting!
50.Share this list!
Send this page via e-mail to your friends! Spread this list worldwide and help people doing their part: the more people you will manage to enlighten, the greater YOUR help to save the planet will be (but please take action on first person too)!
Carlos del Amo
Smart Growth Realty