(305) 793-1365 restivomiami@gmail.com

News & Resources

Blog & Event Archives

 

Browse through news you can use about South Florida and our amazing Real Estate market.

 

 

What Does 2021 Have In Store For Real Estate?

What Does 2021 Have In Store For Real Estate?

Quoting KCMBlog.,com, according to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability of for-sale homes has dwindled as demand increased and...

Homeowner Equity on the Rise

Many homeowners across the nation have been underwater in their mortgage. In fact, 10.7 million of them owe at least 25%  more than their properties are worth, according to Realty Trac's US Home Equity & Underwater Rpoert for 2013. Still, 8.3 million homeowners are slightly underwater or just...

read more

Remembering 9/11

It's been 12 years since America experienced the worst tragedy of our time, and I will never forget that day. I was in my high school Italian class here in Miami when we heard the news and I'll never forget the feeling of shock, sadness and utter disbelief. My mom was in Ft. Lauderdale and raced...

read more

Interest Rates Continue to Rise

According to Freddie Mac, the average rate on a 30 year loan was 4.57% last week, near the year high of 4.58%. The week prior, the rate was 4.51%. Though interest rates are still at a historic all time low, the rates are rising, which could indicate the recovery of the housing market. What does...

read more

Drive-In Movies Come to Miami

Drive-In movies are no longer a thing of the past. Beginning September 18,  Blue Starlite Mini-Urban Drive In in Wynwood will feature movies, a concession stand and window speakers. There is a reserved seating area with 10 reserved tables and up to 20 cars will be allowed per show. Prices vary,...

read more

Miami Rental Market on the Rise

With a  limited number of homes for sale and a lot of demand for those homes, the rental market in Miami has risen. According to a study by the National Housing Conference and the Center for Housing Policy, rental rates are rising, sometimes exceeding the cost of a monthly mortgage payment. Miami...

read more

Miami Spice Culinary Experience – August and September 2013

Miami Spice  officially kicked off  last night.   From August 1 through September 30,  many of Miami's top restaurants participate in what locals and visitors look forward to each summer in South Florida ... a now-traditional summer dining-event known as "MIAMI SPICE". Typically, each...

read more

Time to Buy a House is Now

This might well be the ideal time to buy.   Why ? Interest rates are rising  ... continuously.  They  are up a full point from recent  historic lows. Home values have jumped, and continue to increase. There is an undeniable shortage of  homes on the market,  and a lack of inventory for buyers to...

read more

Millenia Generation Optimistic About Homeownership

In a new study, it seems that Millennia's are more confident than any other age group about purchasing a home being a good investment. The Millenia generation consists of Generation X - those born between 1965 and 1969, and Generation Y- those born between 1980 and 2000. The older of the Millennia...

read more

Pinecrest Council OKs Red Light Cameras

Last Tuesday, Pinecrest Council members voted to use red light cameras at four intersections on US-1. The cameras will be in the northbound lanes on US-1 and SW 88 St, SW 112 St, SW 128 St and Daytran Drive. A $158 fine will be issued by mail to violators. The program will be put into effect only...

read more

Interest Rates Continue to Rise

The average rate on a 30-year fixed mortgage rose to a 2 year high this week, to 4.51 %. Rates have been rising steadily this year. Two months ago, the rate was 3.35% and 4.25% just last week. The average 15-year fixed mortgage rose from 3.39% last week to 3.53% this week - the highest since...

read more

Pre-Construction is Back

It seems as though the era of Pre-Construction is making its way back to the real estate scene. There are many developments to be built in the next few years, and a good number of them are being snatched up quickly. The Porsche Design Tower in Sunny Isles (scheduled for a 2016 opening) created a...

read more

Apartments for Rent in Florence, Italy … Tuscany

  I've gotten a number of recent requests from friends and clients heading to Italy on vacation, asking where to stay (since Tuscany is our 'second home') . Windows on Italy  is a website that  offers unique and truly remarkable apartment and villa rental options  (day/week/month)  in...

read more

It’s All in a Handshake … Buyer Seller Congrats!

Our wonderful sellers are off to their dream life in Costa Rica ...  to enjoy the outdoors ...  surf ... and enjoy the carefree lifestyle they've been dreaming of. They just SOLD their house, and handed over the keys to the new owners. This photo was taken weeks ago.  The sellers emailed it to me ...

read more

4038 Ventura Avenue in Coconut Grove … Someone will Snatch it Up !

At the very top our list yesterday afternoon,  was a charmer in Coconut Grove. Wednesdays are typically when real estate agents open and host "broker's opens"  for houses we've recently listed ...  We hold  new listings open for other agents  (and clients)... inviting colleagues, neighbors and...

read more

Backyard Privacy… It’s a Snap

Wanting to create backyard privacy on a dime?  We have a quick solution. After weeding/cleaning out an areca palm hedge,  we needed an instant fix to address the lack of privacy.  Landscaping plants and hedges grow really fast in South Florida,  but there's something to be said for an "instant...

read more

Get in Touch

LinkedIn
LinkedIn
Share
Instagram
Follow by Email
RSS