Ramesh Nyberg's Real Estate Blog

I always contend that Palmetto Bay is the place to be. Probably because I live here. The November sales statistics show that Palmetto Bay was the only one of the trio that I track whose sales went up. While pending sales and closings dipped sharply for Pinecrest and for Miami-Dade overall, the Village of Parks (maybe that's why we are so positive here!) went from 12 sales in September, to 20 in October, and notched 25 sales in November. Nice! Maybe its the abundance of peacocks and other wildlife, too.

During my morning exercise walk the other day, I walked through a crowd of at least 15 peacocks, all jumbled up alongside the road at 77th avenue and about 181st street. Then, I went along the lagoon at the Palmetto Bay Village Center building and saw a crocodile sitting in the water. He is apparently a permanent resident, as I saw him this past Thursday, too.

The rest of the stats looked pleasantly predictable: the inventory of unsold homes in Miami-Dade continued to drop (hooray!) -- that's 14 consecutive months of decline --and we were at 8599 unsold homes for November. The drop in sales was expected, as shopping, travel, and other holiday matters take center stage.

Two big additions to the sales data page are coming! Because of sales activity and customer requests, I will add the Village of Cutler Bay, and I will spotlight Coral Gables and Coconut Grove as well. Cutler Bay is being added because that is where the majority of my 2008 sales were. The Grove is being added because a customer suggested it, and I think its an excellent place to spotlight because of its unique nature, and appeal to both investors and residents alike. This addition will actually take in all of the area that Coconut Grove sits, and in this blog we will narrow down the conversation to just Grove properties.
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Well, my tree is up--it went up just a few days after Thanksgiving, but I cheated: it's artificial. I had real trees for years, and after a while, I just couldn't equate paying $70 bucks for a real tree, dress and undress it, and then throw it away in January. So three years ago we got a tree that looks very real, with the lights already on it. Yes, I know, that pine smell is wonderful, and I DO actually miss trips to the tree lot, walking around in a "forest" and inhaling that scent. Maybe I'll just go visit one this year.