Wednesday, January 27, 2016

Important Filing Deadlines for 2016 Homestead Exemption

Important Filing Deadlines for 2016 Homestead Exemption:

March 1, 2016 (timely filing)

September 19, 2016 (absolute late filing deadline for exemptions)


The timely filing period for Homestead Exemption for 2016 is March 3, 2015 through March 1, 2016. The absolute LATE FILE deadline for any 2016 exemption — if you miss the March 1st timely filing deadline — is September 19, 2016. State law (Sec. 196.011(8), Fla. Stat.) does not allow late filing for exemptions after this date, regardless of any good cause or reason for missing the late filing deadline.



Here is the updated link to file for Homestead Exemption in Miami-Dade County: miamidade.gov/pa/



Monday, January 25, 2016

Year in Review Market Viewpoint is Here!

The Year in Review Market Viewpoint is brought to you by Coldwell Banker Residential Real Estate. It is an excellent source for local real estate statistics and trends for all of Florida.




Monday, January 11, 2016

Have you checked to see how much your home is worth lately?

Have you checked to see how much your home is worth lately? You might be in for a pleasant surprise. Home prices went up considerably in 2015, and there’s a strong chance your home is one of them.


Click here to get an instant price update on your home.


I'm very proud to represent the Coldwell Banker brand. Take a look at the market share reports below and see why there is no better partner to help you sell your home.







Don't forget to click here and receive a custom evaluation for your home including comparisons to other homes recently sold as well as those currently on the market.



Monday, January 4, 2016

What Does The Fed Rate Hike Mean For Mortgage Rates?

News flash from Sunbelt Lending's Senior Loan Officer, David Caporini. David works with us at Coldwell Banker Residential Real Estate in Hollywood, Florida. Here's some great info from David on what the Fed interest rate hike means for mortgage rates.



Saturday, January 2, 2016

97 Percent Financing is BACK!



Great news from Sunbelt Lending's Senior Loan Officer, David Caporini.

Buying your first home just got a little easier. Now you can buy your dream home with as little as 3% down.



Thursday, December 31, 2015

Happy New Year! Wishing you happiness and continued success in 2016.

Where toasts are made, celebrations take place and new dreams are imagined. — This is Home.

Wishing you and yours a new year filled with joy, happiness and good health. 





Coldwell Banker and the Coldwell Banker Logo are registered service marks of Coldwell Banker Real Estate LLC. Coldwell Banker Residential Real Estate is owned by a subsidiary of NRT LLC. If you have a brokerage relationship with another agency, this is not intended as a solicitation. 

Friday, December 25, 2015

Merry Christmas

Merry Christmas! Wishing you peace, joy, prosperity, and good health!





As we celebrate the glory of this miraculous holiday, may our homes be filled with love, peace, and joy. And may these blessings follow us throughout the New Year.



Friday, December 11, 2015

The Paramount Miami WorldCenter is SPECTACULAR!


"For two years we traveled to the world's most dynamic metropolises, like Berlin, Paris, Dubai, Tokyo and Singapore - both modern and ancient - to frame our vision for the future of Miami's downtown, and to help put into place our dream for a true 'city within a city.' " Art Falcone, CEO of Miami Worldcenter


Miami Worldcenter, the 2nd Largest Development in the U.S. is one of the most exciting urban developments in the U.S. – offering a diverse mix of retail, residential, office, hospitality, and entertainment components. Conveniently located next to Interstate 95 and 395, several Metromover stations, an adjacent train station, and just minutes from the Miami International Airport, Miami Worldcenter offers unmatched accessibility. Paramount Miami Worldcenter, will truly be a residential gem in the epicenter of Downtown Miami.



The Paramount Miami WorldCenter is truly SPECTACULAR! View more:

theparamountmiamiworldcenter.com

Saturday, November 14, 2015

Miami Real Estate Continues Strong Momentum in 3Q

Miami Real Estate Continues Strong Momentum in 3Q

MIAMI — Miami-Dade County real estate posted a robust third quarter as total residential sales, singlefamily home transactions, existing condo transactions and median prices grew compared to the same period in 2014, according to a new report by the 40,000-member MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service systems.

Miami-Dade County had 7,811 total residential sales in the third quarter of 2015, a 2.3 percent increase compared to the 7,632 sales in the third quarter of 2014. Single-family home transactions rose 4.1 percent, growing from 3,522 to 3,699. Despite a rise in supply of Miami pre-construction condo units east of Interstate 95, existing condo transactions increased 0.8 percent from 4,080 to 4,112.

“Miami real estate remains a bargain compared to other world-class global cities,” said Christopher Zoller, a 27-year Miami-based Realtor and the 2015 Residential President of MIAMI. “Miami singlefamily home prices are at 2004 levels, considerably lower than world cities such as New York, London and Hong Kong. Today’s prices coupled with historic-low mortgage rates and South Florida’s diversified job market are encouraging more consumers to purchase property in Miami.”

The interest rate for a 30-year fixed-rate mortgage averaged 3.95 percent for 3Q 2015, according to Freddie Mac. That’s down from the 4.14 percent average in the same quarter a year earlier.

National, State Residential Sales in 3Q

Nationally, total existing-home sales for single-family and condominiums increased 3.4 percent to a seasonally adjusted annual rate of 5.48 million in the third quarter from 5.30 million in the second quarter, and are 8.3 percent higher than the 5.06 million pace during the third quarter of 2014, according to the National Association of REALTORS®.

Statewide, closed sales of existing single-family homes totaled 74,141 in 3Q 2015, up 14.7 percent over the 3Q 2014 figure, according to Florida Realtors. Florida’s townhome-condo market totaled 28,860 during 3Q 2015, up 8.9 percent compared to 3Q 2014.

Miami Median Prices for Single-Family Homes, Condos Climb in 3Q

The median price for single-family homes in Miami-Dade County increased to $273,200 in the third quarter, a 9.3 percent jump from $250,000 in the same period last year. The median price for existing condominiums increased 4.8 percent year-over-year from $189,900 to $199,000. Miami-Dade County has now seen 15 consecutive quarters of price growth for single-family homes and condominiums.

Despite the increase in median prices, Miami’s residential properties remain more affordable than other global cities, according to the National Association of Realtors 2015 Profile of Home Buying Activity of International Clients. NAR analyzed the cost of a 120-square meter condo in a number of foreign cities based on prices reported in the Global Property Guide. A 120-square meter condo in Miami-Fort Lauderdale-Miami Beach cost $149,900 on average. The price for the same condo in London ($960,840), Hong Kong ($776,280), and New York ($1.6 million) were at least five times higher.

Nationally, the median existing single-family home price in the third quarter was $229,000, up 5.5 percent from the third quarter of 2014 ($217,100), according to NAR. The national median existing– condo price was $215,200 in the third quarter, up 2.0 percent from the third quarter of 2014 ($211,000).

Statewide, the median sales price for single-family existing homes in 3Q 2015 was $199,900 up 9.8 percent from the same time a year ago, according to Florida Realtors. The Florida median price for condos during the quarter was $150,000, up 7.9 percent over the year-ago figure.

Miami Total Active Listings Rise in 3Q

Seller confidence in Miami’s housing market continued to expand in the third quarter. Miami real estate had 17,837 active listings in the third quarter, a 2.0 percent increase from the 17,480 listings at the same time last year.

The inventory for single-family homes decreased 5.4 percent compared to the same period from last year. A record-level of single-family home sales in Miami has created the lower inventory. A total of 10,799 single-family homes were sold in Miami from January 2015 and September 2015, which puts the market on pace for 14,396 transactions. The annual Miami record is 13,521 sales, established last year.

Miami existing condos, which are also having a banner year with 12,265 existing condos sales from January 2015 to September 2015, saw a 6.3 percent year-over-year increase in active listings in the third quarter of 2015.

The Miami single-family home sector is in a seller’s market, while existing condos are leaning toward a buyer’s market. At the current sales pace, the number of active listings represents 5.1 months of inventory for single-family homes and 8.7 for condominiums. A balanced market between buyers and sellers offers between six and nine months of supply inventory.

The median days on the market for single-family home listings during the third quarter was 39 compared to 45 a year ago, a decrease of 13.3 percent. The median days on the market for condominiums was 60 compared to 57 last year, an increase of 5.3 percent. New listings for Miami single-family homes decreased 0.2 percent, from 6,237 to 6,223. New listings for condominiums decreased by 1.5 percent year-over-year from 8,366 to 8,238.

Miami Cash Sales More than Double National Average

Miami continues to register more than double the U.S. average of residential cash buyers. About 48.8 percent of Miami closed sales in the third quarter of 2015 were all cash. In comparison, just 24 percent of U.S. home properties are made in cash, according to the latest NAR statistics. About 54.9 percent of all Miami housing transactions were made in cash in the third quarter of 2014.

Statewide, cash sales represented 41 percent of all closed sales in the third quarter of 2015, down from 46 percent during the same period last year.

Miami’s existing condo market has more cash-only transactions with 62.5 percent of all transactions made in cash. In the single-family sector, about 33.5 percent of all transactions are made in cash.

The high percentage of cash buyers reflects Miami’s top position as the preeminent American real estate market for foreign buyers, who tend to purchase with all cash. About 81 percent of international buyers in South Florida pay all-cash, compared to 60 percent of international buyers purchasing across the U.S., according to the 2014 Survey of International Home Purchases conducted by NAR for MIAMI.

3Q Miami-Dade Statistical Reports — visit SFMarketIntel.com

Note: Statistics in this news release may vary depending on reporting dates. MIAMI reports exact statistics directly from its MLS system.

About the MIAMI Association of REALTORS®

The MIAMI Association of REALTORS® was chartered by the National Association of Realtors in 1920 and is celebrating 95 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of six organizations, the Residential Association, the Realtors Commercial Alliance, the Broward County Board of Governors, the Jupiter Tequesta Hobe Sound (JTHS) Council, the YPN Council and the award-winning International Council, it represents more than 40,000 real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local Realtor association in the U.S., and has official partnerships with more than 130 international organizations worldwide. MIAMI’s official website is www.miamire.com.

source

Friday, November 6, 2015

29 Ways It Pays To Work With A Realtor®

If you're thinking about buying or selling a home on your own, consider all the steps you may personally have to complete.


For a home seller, it is not easy to price your home without the input of a market expert. Here are a couple of recent blog posts on pricing your home: I Know Why Your Home Didn't Sell and What is Confirmation Bias and How Can I Use it to Price My Home?


Here are 29 steps you may have to personally complete which includes having to find an attorney to draft the real estate purchase contract.

If you or anyone you know is looking to buy a new home, sell your house or relocate, I would love to hear from you. Even if I'm not in your immediate area, wherever you are, I can connect you or anyone you know with a top real estate agent. (305) 306-7677

Thursday, October 29, 2015

I Know Why Your Home Didn't Sell

Were you given the right exposure in today's real estate market? Not getting the right exposure may be a reason why your home didn't sell. Another reason why your home didn't sell may be competitive pricing. Click here to read a previous post on using confirmation bias to price your home.


Monday, October 19, 2015

Home For The Holidays Has A Whole New Meaning

Wouldn't it be great if you could sell your home and purchase a new one before the end of the year? Home for the Holidays will take on a whole new meaning once you move into your new home... just in time for the Holidays!


If you or a friend are thinking about relocating to another state or even halfway around the world, I can introduce you to a skilled real estate professional who is familiar with your destination and can assist you with your home buying, selling or rental needs. I will keep in touch to be sure you find the perfect place in your new home town.





Wherever you're going, I will help you find another Real Estate Agent like me! Call or Text me (305) 306-7677



Friday, October 2, 2015

This Is The House You'll Want To Be Owning When American Dream Miami Arrives

Courtesy Of: The Valencia Group


Located within 2 and 1/2 miles of the 225 acres where American Dream Miami mall and theme park will be built — which is projected to be the largest in the United States — this perfectly polished gem is the house you'll want to own... and here's why:


Where in Miami can you find unobstructed views of a beautiful, lush green golf course without having to pay club membership fees? That's right. This section does not require club membership. Not only that, but there is NO ASSOCIATION which means no monthly maintenance fees.



Courtesy Of: The Valencia Group


Here's another tidbit... No association means no rental restrictions. And with the recent popularity of Short-term, seasonal rentals many would rather opt to pay for an entire week for a single family home rather than paying nightly for a hotel. 



As a matter-of-fact, just a few houses down, the neighbor has already been offering his home for weekly and monthly rentals. Check out his Facebook and Website



So technically, like the neighbor a few houses down has done, you really don't have to wait until American Dream Miami is built in order to start renting out your new polished gem in Country Club of Miami Estates. 



But, boy oh boy does this gorgeous house have the potential to be — when the huge mega-mall-theme-park-ski-slope-water-park arrives and the throngs of tourists begin to visit NW Miami-Dade — a tremendous money-maker! Who will be able to resist a master suite that opens up to such spectacular golf course views with soothing sounds of a fountain, pool and waterfall? It will be like owning your own mini-resort.



Courtesy Of: The Valencia Group


Can you believe this house is only being offered at $498,695? This is truly a hidden gem.

Don't let this opportunity pass you by. 

Call me today! (305) 306-7677





Monday, September 28, 2015

Miami Herald Names Me As The Area Expert And Trulia Likes It



On September 20th, the Sunday edition of the Miami Herald featured a cover story about "New Housing Hot Spots" in South Florida. I'm humbled and thankful to have been a part of the cover story. It was exciting to be in front of the camera and talk about the place where I call home. I felt like a natural — I was born to be in front of the camera. (Okay no, not really, I was actually very nervous!)




It’s only fitting that Realtor Liliana "Lili" Tufel is selling homes in the suburban area where she grew up, attended school, got married and is now raising a family – the Country Club and Palm Springs North areas of northwest Miami-Dade County. “This is my home.”


The Coldwell Banker agent believes that the neighborhoods, in an unincorporated section tucked between Miami Lakes and the Broward County line, offer families and first-time home buyers a lot of options priced well under $400,000.
View the article here.

Minutes after the article went live online, I received my first phone call. An owner-agent listing needed my help. Lili Tufel to the rescue! Can you believe people have gone out of their way to look me up? Exciting times!


Not that I needed any validation (I'm not gonna lie, it does feel good sometimes) but Donna Reid, my manager at Coldwell Banker Residential Real Estate in Hollywood, FL and President of Miami Association of Realtors® shared this on her Facebook page:




And after sharing the Miami Herald article on my Instagram, Trulia liked it! What? That's right, yeah. Trulia liked it!





Sunday, September 27, 2015

What is Confirmation Bias and How Can I Use it to Price My Home?

Basically, confirmation bias is to interpret something in such a way that it confirms your beliefs. 


For example, in Real Estate one can begin to find evidence to support one's own hypothesis on the price of a home. If, let's say, a home was priced slightly higher than all the others, a buyer may begin to search for reasons as to why it must be priced higher. The buyer can begin to focus on all the positive aspects of the home, because after all, it's the higher priced home in the area. 


Confirmation bias can work well for a seller, but the 'pricing of a home' is not something that can be taken lightly. If the price of the home is too high, it will stick out like a sore thumb on the market, especially if there is no justification for the higher price. The home will simply be seen as overpriced, and the longer it sits on the market, the lower its perceived value will become. The longer the For Sale sign is seen on the front lawn, buyers may begin to wonder why no one has snatched that home right up, "Something must be wrong with it." 


If a home is priced just right, and by just right, I mean that sweet spot that a professional knows to hit, that home will get snatched up quickly and its perceived value will be even stronger throughout the entire transaction. After all, the buyer will be happy to have the home at a great price. (Remember, they will be finding the evidence to support it through confirmation bias.)


It takes a true professional to hit that sweet spot when pricing a listing. A mediocre Real Estate Agent that has 'basic knowledge' of an area is not enough these days. The true professional Real Estate Agent needs to be proficient in pricing every home in the neighborhood. Also, a true professional Real Estate Agent excels in marketing and the psychology of reaching a buyer to the core.


By listing the home at a slightly higher price (while hitting that sweet spot) you're bringing a focus onto the most desirable features of your home through confirmation bias which can help close the deal. 


I'd love to hear from you! 

Find me on Twitter @Lili_Tufel or call me (305) 306-7677.



Lincoln Road Mall in Miami Beach, Florida




Tuesday, September 1, 2015

Miami Lakes Recent Sales

 
 
 

Miami Lakes
Recent Sales

Provided by Lili Tufel
REALTOR® with Coldwell Banker Residential Real Estate.
Bestselling Author and Digital Marketing Expert!

Inventory is LOW. It's a great time to sell!

 
 
 

Miami Lakes
Recent Sales

 

6995 GLENEAGLE DR Loch Lomond 4 bed / 3 bath sold for $1,100,000
8130 NW 167 TERR Royal Oaks 4 bed / 3 bath sold for $630,000
7783 NW 166 TERR Primavera 4 bed / 2 bath sold for $455,000
6710 WHITE OAK DR Miami Lakes SEC 5 4 bed / 2 bath sold for $400,000
8823 NW 150 ST West Lakes Gardens 3 bed / 2 bath sold for $329,900 REO
8724 NW 149 TERR West Lakes Gardens 3 bed / 2 bath sold for $318,000 REO
6915 HOLLY RD UNIT #6915 3 bed / 2 bath sold for $230,000


 
 
 
 

Thinking of selling? Want more information?
I'm here to serve you. My consultations are always free.

By using my digital media expertise and by partnering with the Coldwell Banker® brand, I will not only connect your property to a vast global audience, but I am equipped to help you solidify those connections. Let's talk today! (305) 306-7677

If you have a brokerage relationship with another agency, this is not intended as a solicitation.
All information deemed reliable but not guaranteed. Operated by a subsidiary of NRT LLC.