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    Coconut Grove Rental Market Update

    May 13, 2013Riley SmithEWM News

    If you are looking for a single family home to rent in Coconut Grove then you are probably pulling your hair out with frustration.  There are just 5 single family homes on the market in Coconut Grove and prices start

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    List Prices In Coconut Grove

    May 10, 2013Riley SmithEWM News

    I keep track of the average “list price per square foot” of homes in Coconut Grove because I think it is very indicative of seller mentality.  As you can see from the chart above, sellers got more realistic in their

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    Why Banks Should Use Local Realtors!

    May 8, 2013Riley SmithEWM News

    Check out this Realtor’s property description on a bank-owned townhouse that just sold in Coconut Grove.  The new buyers might be surprised when they find out their new home is not in Coral Gables! “Beautiful 3/2.5 Townhome located in desired City of Coral Gables. 

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    Townhouse Market: Will Lack Of Inventory In Center Grove Cause Rise In Values In West Grove?

    May 7, 2013Riley SmithEWM News

    I was looking over the inventory of Center Grove townhouses last night and wondering whether the lack of inventory east of 32nd Avenue will cause a rise in values for townhouses located west of 32nd Avenue (also known as the West Grove).

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    $22,000,000 Land On St. Gaudens Under Contract

    May 6, 2013Riley SmithEWM News

    The 5 acre piece of waterfront land known as Baymere, priced at $22,000,000 and located at the end of St. Gaudens Road in South Coconut Grove has recently gone under contract.   The listing was marketed as an opportunity to build 7 luxury

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    Kids Say The Darndest Things

    May 3, 2013Riley SmithEWM News

    Today I went to my daughter’s school for Parent’s Day,  check out the last line on her All About My Dad paper. My Dad Gets Really Happy When….He Sells A House! From the mouths of babes! She knows her Daddy

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    Just Listed By The Riley Smith Group! 3025 Blaine Street

    May 2, 2013Riley SmithEWM News

    I just listed this beautiful home in North Coconut Grove.  Located at 3025 Blaine Street, it has been completely renovated with the finest of finishes.  Bright, open spaces, a double sided fireplace, wood & limestone floors and vaulted wood ceilings are just a

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    3950 Leafy Way Sells For $925,000

    Apr 30, 2013Riley SmithEWM News

    You may remember the house that I wrote about last month located at 3950 Leafy Way in South Coconut Grove.  (Read that post here: Property Alert: 3950 Leafy Way).  As predicted, there were multiple offers on the property within days of it

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    Appraisals Continue To Be A Problem

    Apr 29, 2013Riley SmithIn The News

    Despite the turnaround in the Coconut Grove real estate market, buyers continue to have issues with their appraisals.   Property values have increased significantly over a short period of time (particularly here in Coconut Grove) and appraisers are hesitant to use the

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    Coconut Grove Numbers Don't Tell The Whole Story

    Apr 25, 2013Riley SmithEWM News

    Although tracking the numbers is crucial to understanding the market, nothing compares to being out in the field every day talking to other Realtors, as well as my own buyers and sellers because sometimes the numbers don’t tell the whole story. The charts

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