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Smart Growth Realty's Blog

By Carlos del Amo,GREEN,CDPE | Broker in Coral Gables, FL
  • Towers of Key Biscayne Unit E1008 for rent at $3900

    Posted Under: In My Neighborhood in 33149, For Rent in 33149, Rentals in 33149  |  July 15, 2012 9:07 PM  |  793 views  |  No comments


    Towers of Key Biscayne corner 2/2 unit with great views for lease

    Unbelievable Estoril model corner unit with 2 parking spaces at theTowers of Key Biscayne.This two bed two bath unit shows like a model and is fully furnished and completely remodeled. New Kitchen with SS appliances, updated bathrooms and fixtures, new electric wiring and lighting with Plasma TV's and surround sound in living room and master bed. White Italian marble floors and more.This is your dream vacation home. Take advantage of this gem in the sky and contact us today for a showing.

     Available immediately.

    For More Pictures of this incredible Rental click
    HERE

    Carlos del Amo
    786-269-3247
    www.carlosdelamogreen.com 
  • Latitude on The River Unit 1601 Miami,FL 33130 Just Listed for Sale

    Posted Under: Home Buying in New York, Agent2Agent in New York, Home Ownership in New York  |  May 26, 2012 10:12 AM  |  956 views  |  3 comments



    Downtown Miami Real Estate is on FIRE as prices are up year over year and
    Inventory has shrunk to under 6 months. Still time to get in the Game before
    The Brickell CitiCentre is finished by 2014.


    Asking $339K

    Bay, River and City views surround this meticulous remodeled with an open checkbook corner unit  in one of Miami’s premier riverfront locations.  “1601 Latitude” has 24 inch rectified modern style tiling throughout the whole unit, Snaidero Italian style kitchen cabinetry, California closets, Stainless Steel appliances, Trane energy efficient AC system and high ceilings to name a few. As you enter through the foyer, the long hallway leading into the open space is perfect for the Art enthusiast to display his pieces. Both Guest and Master Bathrooms have windows to let in natural light as you enjoy the views. This 2 Bedroom 2.5 Bath corner unit provides over 180 degree view of what the magic city has to offer. Picture yourself entertaining friends and family on either of the two balconies with views of the new Marlins Park and Downtown Coral Gables to the west, Brickell Ave to the South and Biscayne Bay and Miami River to the east in Latitude 1601. Feel like not staying home, then explore the common areas such as two level top of the line gym, pool, theatre room, business center, pool room, activity center all on the same floor.  Latitude 1601 is a must see !

    More Property Pictures ( CLICK HERE )

    For information on this unit and others in the Downtown,Brickell and Riverfront
    area of Miami please see our contact information below.
     
    Carlos del Amo / cdelamo@theenclaveatriverfront.com  / Direct 786-269-3247  or
     
    Charles Simmons / csimmons@theenclaveatriverfront.com  / Direct 305-467-5552
     

     

  • South Florida Real Estate Market has between 4 to 6 months of inventory

    Posted Under: General Area in South Florida, Market Conditions in South Florida, Home Buying in South Florida  |  May 21, 2012 12:19 PM  |  835 views  |  No comments

    Even as housing prices bottom out in South Florida, supply has shrunk close to 2005 levels, according to Bloomberg. Inventory has become so scarce that in April there were 35 percent
     fewer listings in Miami-Dade County than in the same month last year, leaving a mere 5.7-month supply. In Broward County, housing inventory fell 31 percent, representing an even shorter 4.2 months supply.

    The market has definitely bottomed in the South Florida are as I see numerous listings hit the
    market with multiple offers within 30 days or less.

    Carlos del Amo
    www.carlosdelamogreen.com

  • January 2012 pending homes up,market on an uptrend says Lawrence Yun

    Posted Under: General Area in Miami, Market Conditions in Miami, Home Buying in Miami  |  February 29, 2012 6:08 AM  |  1,135 views  |  No comments
    WASHINGTON – Feb. 27, 2012 – Pending home sales are on an upward trend – an admittedly uneven but meaningful trend – since reaching a cyclical low last April, according to the National Association of Realtors®. Today’s national Pending Home Sales Index (PHSI) rose 2 percent compared to December 2011.

    The PHSI, a forward-looking indicator based on contract signings, rose to 97.0 in January from a downwardly revised 95.1 in December, and it’s 8.0 percent higher than January 2011 when it was 89.8. The data reflects contracts but not closings.

    The January index is the highest since April 2010 when it reached 111.3 as buyers were rushing to take advantage of the homebuyer tax credit.

    “Given more favorable housing market conditions, the trend in contract activity implies we are on track for a more meaningful sales gain this year,” says Lawrence Yun, NAR chief economist. “With a sustained downtrend in unsold inventory, this would bring about a broad price stabilization or even modest national price growth, of course with local variations.”

    The PHSI in the Northeast rose 7.6 percent to 78.2 in January and is 9.8 percent above a year ago. In the Midwest the index declined 3.8 percent to 88.1 but is 10.8 percent higher than January 2011. Pending home sales in the South increased 7.7 percent to an index of 109.1 in January and are 10.5 percent above a year ago. In the West, the index fell 4.4 percent in January to 101.9 but is 0.7 percent above January 2011.

    “Movements in the index have been uneven, reflecting the headwinds of tight credit, but job gains, high affordability and rising rents are hopefully pushing the market into what appears to be a sustained housing recovery,” Yun says. “If and when credit availability conditions return to normal, home sales will likely get a 15 percent boost, speed up the home-price recovery, and thereby significantly reduce the number of homeowners who are underwater.”

    © 2012 Florida Realtors®

    Carlos del Amo
    www.CarlosDelAmoGreen.com


  • Rising rent prices could bump up sales this spring season

    Posted Under: Home Buying in Miami, For Rent in Miami, Rentals in Miami  |  February 29, 2012 6:04 AM  |  1,166 views  |  No comments

    Could rising rents bump up home sales?

    ORLANDO, Fla. – Feb. 27, 2012 – Home sales may get a boost from the rising prices occurring in the rental market, which is making it cheaper to own rather than rent in a growing number of cities.

    “We might see a spring season better than the numbers are predicting,” Jay Brinkmann, the Mortgage Bankers Association’s chief economist, said during the MBA conference in Florida this week.

    The number of renters in the country increased during the housing crisis, while homeownership dropped to a 14-year low. But with rental costs rising nationwide, more renters may be lured to buying a home, particularly with home prices falling and mortgage rates hovering at record lows.

    Mike Fratantoni, MBA’s vice president of economics and research, is forecasting home sales to increase 10 percent in 2013. An improving employment picture also is expected to have a positive impact on housing, MBA economists noted.

    Still, “everything is going to be based overall where the economy goes,” Brinkmann said. “This is going to be a slow year. There are a number of headwinds we’re facing in terms of economic growth.”

    Source: “MBA: Rising Rental Costs May Drive Home Sales Up,” HousingWire (Feb. 23, 2012)


    Carlos del Amo
    www.carlosdelamogreen.com

  • Lake Mary to house Florida's largest Solar Plant with a 40 Megawatt capacity

    Posted Under: General Area in Miami, Going Green in Miami  |  November 11, 2011 7:56 PM  |  1,481 views  |  No comments
    As per a recent article posted 11.11.11 in the Sun Sentinel BlueChip Energy in Lake Mary on Monday will start building what it says will be Florida’s largest solar panel plant.

    At 40-megawatts, enough to power roughly 3,200 homes, the $120 million Sorrento Farms plant would be larger than the biggest one so far, Florida Power & Light's 25-megawatt DeSoto plant, which drew a visit in 2008 from President Barack Obama.

    But the new plant would be smaller than another solar project announced recently for Gadsden County and another one announced last year for Walton County.

    BlueChip has a contract in place to sell all 40 megawatts to Progress Energy Florida at price that is much cheaper than what the utility charges its customers, said James Pennington, the a project development manager for the solar company. But BlueChip has the option of selling some of the power to other utilities such as Seminole Electric Cooperative if it can get a better price.

    The company also plans to apply for federal tax credits and grants, sell renewable energy credits or offsets to generate some revenue, and possibly take investments from other manufacturers, Pennington said.

    He said Florida lacks many of the incentives available to solar energy producers in other states: "BlueChip's answer to that is to build a project at the lowest cost possible."

    The company expects to produce about half of the solar panels used for the project at its manufacturing plant in Lake Mary and buy the rest from contractors who produce panels overseas and buy the silicon from the United States, he said.

    The Lake Mary facility employs 200 people and the project could add 100 to 200 jobs during construction, depending on if BlueChip decides to expand the project by 40 to 80 megawatts, Pennington added. He said BlueChip is the only solar panel maker in Florida.

    If you are interested in Green/LEED Residential Homes for sale in Florida please visit ;

    http://www.smartgrowthrealty.com/
  • City Beautiful Coral Gables and the Biltmore hotel reach a deal on unpaid rent.

    Posted Under: General Area in Coral Gables, In My Neighborhood in Coral Gables  |  November 11, 2011 7:32 PM  |  1,328 views  |  No comments
    As per a recent Miami Herald article The city of Coral Gables and the Biltmore hotel have reached a deal in principle in which the hotel would repay much of its overdue rent and golf fees, according to the Miami Herald. The hotel is owned by the city, and the row over delinquent rent has lasted since 2009.

    As part of the plan, the hotel's operator, Seaway, would resume paying rent to the city, with base rent at about $800,000 per month, and it would also pay back about $650,000 in unpaid golf management fees. Seaway has argued that the city should reinvest much of the money it receives in rent, but that has continued to prove an issue between the two sides.
     
    For more information on Coral Gables and homes for sale go to :

    CarlosdelAmoGreen/CoralGables

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