Friday, February 29, 2008
With respect to condo sales, the results were similar. In December 2007, there were 1,690 condo sales in Dade, with a median sales price of $248,000. Twelve months earlier, 3,548 condos sold, with a median sales price of $250,000. In November 2007, there were 1,415 condo sales in Dade, with a median sales price of $240,000. In November 2006, there were 3,250 condo sales in Dade, with a median sales price of $242,950.
Happiness! As spring is almost here. And loads of happiness as An Indian Summer Bazaar just opened again for Feb-March, with a very different collection of hand picked goodies
[while I catch up on my sleep! :-)]
Wednesday, February 27, 2008
There is a problem, however. Miami Beach homes for sale are still listed far too high for a significant number of sales to take place. Sellers are still more or less oblivious of the value of their homes in this market, and are still listing their properties well above market value. This is especially true of luxury homes being listed in the Miami area.
In Miami Beach alone, including zip codes 33139 through 33154, there are a total of 165 luxury waterfront homes listed for sale, each with an asking price of $2,000,000 or more. In the same zip codes, there were a meager 32 listed waterfront homes sold in the past 12 months for $2,000,000 or more.
People who want to buy property are waiting for the market to go down some more before making a purchase, and that includes Europeans who have been coming here this winter. They have been shopping because everything is so cheap with respect to the Euro, but they have not been purchasing homes and condos. Homeowners who want to sell are going to have to come to grips with the present.
India Contemporary will feature the premiere international launch of some great products from Aline Design. India Traditional will feature some antique and some restored products that are earthy and rustic, but have rapidly gained ground as part of urban home decor.
Sunday, February 24, 2008
For, Olaf Van Cleef was seeking sustenance for his personal philosophy of oneness with the fellowmen and discovered, in India, decisive faith: that in the rich cultural soul of this country he would find the wherewithal to satisfy his soul.
Presenting some of his paintings inspired by India and the art of miniature paintings below. Mythology and Indian iconography have been beautifully portrayed by Olaf using his style of painting using abstract pointillism and tachisme
Monday, February 18, 2008
The great news is that over the last some days, very interesting developments are happening on the bazaar front. An Indian Summer Bazaar will be the launch pad in the international market, for an upcoming designer from NID, who is already making waves in the Indian contemporary decor segment! I personally love his designs and products, and am very excited at the opportunity to be able to bring them to you through the bazaar. Will share more details on Thursday...
The not so great (but not that bad either!) news is that given the above developments, I will need to postpone the Feb bazaar to 'end of Feb'. The bazaar will now open on Feb 29th! I know, you have been eagerly waiting for the 20th launch...but trust me, you will be glad that we waited and included the awesome products in the bazaar.
In the meantime, sharing with you some more warmth as we bid goodbye to winter (hopefully!)...
P.S: Thanks for your continuing interest in the products from the Jan bazaar! As mentioned on the bazaar site, you can look through the products at my flickr site, and drop me an email in case you are keen on purchasing something, or would like me to source something for you from India!
Thursday, February 14, 2008
Ricky Martin's Golden Beach Mansion is for sale $22,500,000
The Golden Beach Mansion is situated on the shore of the Atlantic Ocean in beautiful Golden Beach, just a few minutes north of Miami Beach. The 9,882 square feet luxury mansion sits on a 29,088 square feet lot, with a marvelous 101 feet of private ocean front. With 5 bedrooms and 7.5 bathrooms this 2 story mediterranean estate is a dream home well suited for both international buyers and celebrities. The asking price...$22,500,000.
Wednesday, February 13, 2008
101 E Dilido Drive, Miami Beach, Florida recently sold for $2,750,000
The phenomenon known as 'asking a fair price for your home' has been absent from the Miami real estate market for a number of years. What is happening now in the market place is just more evidence that Sir Isaac Newton was a genius, when he discovered the natural law of science which basically states that what goes up must come down. He didn't invent that law. He just discovered it.
Tuesday, February 12, 2008
The plan is designed for homeowners who are seriously in debt, specifically those who are at least 90 days behind in their mortgage payments. The lenders will send a letter to delinquent mortgagors, asking them to call. The delinquent borrowers who call, will be asked if the want to continue living in their home, and if they do, they will be offered financial counseling.
Thursday, February 7, 2008
But when I came across Tim Beddow's stunning photography, I had to share it with you...even if it meant working on a non-creative laptop of an investment banker!
So without much ado, here are some of my favorite images from Tim's 'exotic' and 'safari' collection...
I adore planter chairs! But I have a sneaking suspicion that the planter chair designers thought that planters could only be men, and hence they designed the chair such...
Like the colors of this photograph. The bedspread seems to be of batik print..
And, my absolute favorite....
Wednesday, February 6, 2008
Miami Skyline as seen from Miami Beach
Forbes further states that price appreciation in central Miami Beach, has been among the fastest in the nation, and so far, Miami Beach has weathered the storm, even with the steep 15.1 percent downturn in home prices in the Miami real estate market. All of the realtors know that sales are slow, and it will be interesting to see if the market is nearing the bottom.
There are a large number of waterfront homes for sale on Miami Beach. The Venetian Islands alone have 33 luxury waterfront properties listed in the MLS. In the heart of Miami Beach, there are a total of 116 waterfront homes for sale. The non-waterfront luxury homes for sale far outnumber the waterfront properties.
Sunday, February 3, 2008
In short, here is what the amendment does for homeowners:
1.It doubles the existing homestead exemption from $25,000 to $50,000.
2.Up to $500,000 of value can be exempted from property taxes, when a homeowner transfers from one homestead to another of greater value.
3. Gives a tax benefit to homeowners who are downsizing from a higher priced home to a lower priced home.
4.Puts a cap of 10% per year on how much a non-homestead property can increase in assessed value.
Friday, February 1, 2008
1. Twiddle my thumbs as I wait impatiently for my new laptop to arrive
1.a. Call the laptop sales guy 63rd time to ask him intelligent questions about laptop configuration and stuff. Most of the times, I forget what is bigger and better - MB or GB (and to think that technology is supposed to make our lives simpler!)
[flickr image from Daveblog]
2. Get some therapy
2.a. I meant retail therapy :D. Afterall, I have the Feb bazaar to launch on the 15th!
3. Steal my husband's laptop to 'talk' to you, while he sleeps ;)
1. It's the weekend! Have fun!!
2. The Jan bazaar closes on Feb 3rd (Sunday) at 6p India time. So go ahead and shop to your heart's content before it closes!