Real Estate Inventory Levels | Aventura, Florida March 2011

Contrary to what is presented in the media, the Real Estate industry is on the move again in Florida.

According to Wikipedia Supply and Demand is described as:

Supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers (at current price) will equal the quantity supplied by producers (at current price), resulting in an economic equilibrium of price and quantity.
The four basic laws of supply and demand are:^[1]

1. If demand increases and supply remains unchanged, then it leads to higher equilibrium price and quantity.
2. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and quantity.
3. If supply increases and demand remains unchanged, then it leads to lower equilibrium price and higher quantity.
4. If supply decreases and demand remains unchanged, then it leads to higher price and lower quantity.

With the above in mind here is the current inventory levels in Aventura. As you can see inventory( supply) is in decline. Demand has increased over same time last year.

Click on Image to Enlarge

With the above in mind it certainly advisable for buyers, in particular investors to forge ahead with their portfolios.

Easter in Miami 2011

According to Wikipedia ( have you heard of that site?!) ... Easter eggs...

" Easter eggs are special  goodies that are often given to celebrate Easter or springtime. The egg is a pagan symbol of the rebirth of the Earth of spring and was adopted by early Christians".

The definition goes on to say that these eggs are typically dyed or painted chicken eggs. Modern custom is the delicious  chocolate egg we have all grown accustomed to giving and receiving,  One of our favorites is the plastic egg filled with jelly beans. 

We all know the story... magically ... somehow a Big Bunny delivers these marvelous delicacies to children on Easter morning. To gather their goodies anxious  boys and girls are presented with baskets filled with imitation straw. This wiry bed is a modern day version of a bird's nest.

Now that you are in the mood here is a selection of events hosting Egg Hunts in Miami:

Miami Seaquarium

Jungle Island

Miami Zoo



For the adults amongst us the following are our recommendations for Sunday Brunch:

The Biltmore Coral Gables

The Rusty Pelican

Four Seasons

Finally after a day of egg hunting and an lovely meal; a gentle walk through the Fairchild Tropical Botanical Gardens is a must.

Happy Holidays to all in Miami and South Florida.

Condo Reduced in Miami |3025 Indian Creek Drive #1

This condo, a short sale in Miami Beach has just been reduced $6,000 . It is now for sale at $49,000.The unit would make an excellent pied-a- terre. It is centrally located, near shops, fabulous restaurants, major road and Miami International Airport.

Run! -Last Weekend of the Miami Dade Youth Fair!

60 Years to the day, well maybe not the  exact day the Miami -Dade Youth Fair went into action....my, my how the time has flown!

This is what is happening the final weekend:

Saturday: April 2

Latin and Grammy Award nominated singer Jerry Rivera presents his Salsa Swing  @ 9PM. You can purchase your  tickets here.

Sunday: April 3

The Dirty Sock Funtime Band goes live @ 4PM .

The fair offers over 100 rides, places of enjoyment for kiddies, food from all nations, souvenir shops and a chance to spend the day with your family. Located at the Fair Expo Center on Coral Way and 112th Avenue the exhibition is the go to place this weekend.