Wednesday, April 27, 2011

COCONUT GROVE INVENTORY "SO-SO"

Just returned from my weekly rounds to inspect the Coconut Grove inventory of homes. Those I visited are either cool, very buyer specific and will be tough "sells" at any price while others are just nothing to write home about. When I moved to Coconut Grove over 20 years ago, buyers clamored for the castle-like 1920 DeGarmos, which I happen to love and also love to sell. But today, unless they have at least 2001 code upgrades like hurricane windows and roofing upgrades, they're tough to sell. There's not much breath in styles and values at mid to high price points in the Grove......just not much to pick from for many buyers. This is a perfect time to list if you have property in Coconut Grove. If it's nice and priced right, it'll stand out.

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