Preparing for the Miami Market

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People from all over the world want to live in Miami.  As a buyer, you need to be knowledgeable about how to buy a home in such a hot market.

What Can I Expect with $500k in Palmetto Bay and Pine Crest?
In Palmetto Bay, half a million dollars can get you a 4 bedroom, 2 bath home that is somewhat upgraded.  We just listed and sold a house in two days in Palmetto Bay!

The farther North you go, however, toward downtown and South Miami, the more expensive homes become.  In Pine Crest, $500k will get you a very basic home. Pine Crest’s price range goes up to $5 million.

Both are great areas, with great schools and other amenities.

What Do I Need to be Aware of as a Buyer in the Current Market?
A lot of buyers want to know how to go about buying a home in the Miami market. 

It is important to be prepared for competition; last week there was an open house where 40 couples were waiting on the realtor to unlock the door.

Have your finances in order before you look at a home. 

Work with a realtor you trust that is on top of the market. 

If you have any questions or want to a buy a home, please contact me at 786.581.1134.