Ramesh Nyberg's Real Estate Blog

So this morning I did something I've never done, at least here in South Florida. I went out to the car, and then went back inside to the kitchen, for a spatula.

To scrape the ice of the windshield. Yikes.

And as I type this, the arctic blast that visited us for the last four days is subsiding, and it's a beautiful, blue and sunny 52 degrees.

My website has sternly informed me that its been 23 days since I last updated this blog. Unacceptable. Sorry. I plead holidays, and a bunch of other stuff, but its still not acceptable. I also was waiting for Miami-Dade's statistics to be compiled for December, and finally we have them.

December trended back up after a dip in November, and the inventory in Miami-Dade continued to drop, down to 8,271 homes (single family) unsold. The Miami Herald called the November decline "surprising", when in fact there was nothing surprising about it at all. It happens every November, and we all predicted it. The county's sold price per square foot was up for the third straight month, to $156. Municipalities like Palmetto Bay and Pinecrest have leveled off the last three months. Very little has changed in terms of sales/month, and inventory. Cutler Bay, on the other hand, has seen an increase in inventory the last three months, and while sales bounced back in December to 37, it still has a ways to go before hitting that nice stride of the March to September '09 segment, during which it was averaging about 48 sales per month. Might buyers be leaning back to the more prestigious communities and better school districts? I think we need a couple of more months to tell. One positive for Cutler Bay: the list-to-sale ratio has gradually crept up to an impressive 98%.
In any case, all the new charts and stats will be posted by tomorrow (Tuesday, January 12th) afternoon.
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I took a long look at the possibility of going back to school for my Master's Degree, and spent some time seeing how it would work alongside my business plan. Then, I met with my assistant, and we worked out a new schedule. I'm happy to say that I am back taking classes, and it thus far, the layers of communication we have established have allowed me to keep the business flowing just as it was before. There might be minor adjustments to make, but so far, so good.
I didn't want to tackle college (after all, it's been 27 years since I took any classes!) if was going to effect my ability to provide superior service to my customers. With Jenifer's help, and by re-visiting the schedule and business agenda frequently, it is working, and I will continue to make it work.