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Archive for March, 2014

The best is yet to come for Boomers

March 31st, 2014 Written By Carol Pawley

boomers

 

According to a recent survey, 57% of baby boomers (ages 49-67)  plan to move out of their current home, and 70 percent believe the house they retire in will be the best home they’ve ever owned!

Here are additional survey findings

• Visitors only: Most boomers – 83 percent – don’t expect family to move into their home in the future, indicating they expect any “house guests,” including adult children, to be temporary.

• Putting down roots: Many boomers have planted roots in their communities and want to remain in a familiar place. Of those surveyed who are not already retired, 72 percent plan to retire in the same state.

• Easy living:
When asked to pick the most important factor in choosing their next home, low-maintenance features topped the list (42%).

• Not just yet
:  28 percent of boomers who are not yet retired, never plan to retire; and the 46 percent who plan to retire still anticipate working part-time.

 

 

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Lender lowers FICO score to 550

March 26th, 2014 Written By Carol Pawley

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Carrington Mortgage announced plans to further sharpen its focus on reaching and serving “underserved” borrowers (typically those in the sub-640 FICO score range) – a sizable market that has been mostly ignored by lenders.  The California firm has lowered its minimum credit requirement to a  FICO score of 550, and expanded its guidelines on a number of FHA, VA and USDA loan programs, extending eligibility to more property types and reducing overlays.

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Florida Outshines the Nation

March 19th, 2014 Written By Carol Pawley

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New construction continues to create job growth in South Florida, helping lead the state’s economic recovery as it continues to outshine the nation.

Hiring data released Monday showed Miami-Dade County added 2,400 new construction jobs in January, up 7.6 percent over the same month in 2013. Broward County added 4,400 building-related jobs in January, up 14.1 percent year-over-year.  As the tourism-oriented sunshine economy amps up, joblessness in Florida was below that of the nation for the sixth consecutive month.

 

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Happy St. Patrick’s Day!

March 17th, 2014 Written By Carol Pawley

st pat

Make sure you celebrate tonight safely and responsibly,  raise your glass for this year’s St. Patrick’s Day celebrations.   Here are some of the activities going on around town, courtesy of the Miami Herald.

MIAMI BEACH

SUNG TRADITIONAL LATIN MASS

When: 7:30 p.m. Monday.

Where: St. Patrick Church, 3716 Garden Ave.

Together with the Latin Mass Community of the Archdiocese of Miami, the parish will hold a service that harkens back to the days when Mass was sung entirely in Latin. After the Mass, all are welcome to bring a dish to a festive potluck on the first floor of Barry Hall.

BRICKELL

BRICKELLFEST ST. PATRICK’S DAY

When: Mondey 12 p.m. to 11:30 p.m.

Where: Finnegan’s River, 401 SW Third Ave.

Partygoers can enjoy live music and drinks during the 11-hour celebration at this riverside venue for a $30 admission fee. More expensive packages come with drinks and access to a VIP section. Tickets are available at brickellfest.com/tickets.

START WITH ST. PRACTICE DAY

When: Monday 7 a.m. to 2 a.m.

Where: Fadó Irish Pub, 900 S. Miami Ave. in Mary Brickell Village.

On Monday, $10 will get you a breakfast buffet with a pint from 7 a.m. to 10 a.m. Then the party resumes at 2 p.m. for another free event with DJs and Irish dancers.

CORAL GABLES

IRISH BRUNCH, DINNER AND MUSIC

When: All day  Monday.

Where: John Martin’s Irish Pub and Restaurant, 253 Miracle Mile.

The famed Irish hangout in the Gables will start the celebration at 2 pm, revelers can order from an Irish-themed menu boasting Guinness honey-glazed chicken wings and Gaelic steak. Songwriters are invited to play at an open-mic night Sunday evening, and a live DJ will spin from 3 p.m. until close Monday night.

Happy St. Patrick’s Day!

 

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It’s all about first impressions

March 13th, 2014 Written By Carol Pawley

house

Selling your home in 2014? It’s important to know which improvement project will bring you the most return on your investment. To make your decision, you may want to check out the 2014 Cost vs. Value Report,  an annual collaboration between Remodeling Magazine and Realtor Magazine that breaks down the estimated cost of various remodeling projects and the estimated return on investment for those projects by region and by city, as well as by midrange and upscale projects.

This year’s report shows that the most cost effective are exterior replacement projects. In other words, first impressions really make a difference when it comes to selling your home.

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Miami Home Prices Continue to Rise

March 11th, 2014 Written By Carol Pawley

home prices up

If you have been considering selling your home, now may be the perfect time. The latest data show home prices in the Miami area outpaced the nationwide annual price increases of 12 percent for total home sales and 9.8 percent excluding distressed sales.

According to Dr. Mark Fleming, CoreLogic’s chief economist, the January month-over-month and year-over-year price appreciation had not been this strong since 2006.

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Stop by to say hello |OPEN HOUSE |3700 Alhambra, Coral Gables

March 7th, 2014 Written By Carol Pawley

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Prestigious Coral Gables Location

 

Open House: STOP BY THIS SUNDAY FROM 1:00 TO 3:00 PM

Surrounded by multi million-dollar homes, 3700 Alhambra is the prestigious address you have been seeking. The property’s 9,500 sq. ft. corner lot can make your dream home a reality. Upon entering, you will encounter a 3 bedroom 2 bathroom residence with tremendous potential. Important features include high ceilings, crown moldings, hard wood floors, fireplace, spacious kitchen, and a 2-car garage that offers endless possibilities. 3700 Alhambra rests gracefully on an elegant and quiet tree lined street that will take your breath away. Dare to dream, come be the architect of the perfect lifestyle for you and your family in Coral Gables.

 

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