The Cherry Group, Coconut Grove's Real Estate Experts, Answers Common Tax Question for Short Sellers.

The Cherry Group, Coconut Grove's Real Estate Experts answers a common question about income tax liability when selling your home for less than its mortgage (short Sale). You'll need specific advice from your other professionals - your lawyer and accountant. Just click on the headline to get answers.

Short Sale Safety Valve Closing Fast Says The Cherry Group, Coconut Grove's Real Estate Experts

The Cherry Group, Coconut Grove's Real Estate Experts, thinks we'll see less single family foreclosures and short sales as condos have moved from a buyer's to a seller's market. With approximately 2 months of condo inventory available in Miami, walking away from your home and living the "carefree" life in a 'cheap' rental is no longer an option. Rental prices for condos and single family homes are going up,up,up. Also as a consequence of 'sold-out' condos, we see a continued increase in single home sales. June sales were up almost 6 percent over May and we see this as a signal of what's to come. Call the Coconut Grove's Real Estate Experts at 305.607.8360 - The Cherry Group

THE CHERRY GROUP, COCONUT GROVE REAL ESTATE EXPERTS, HAS RECORD LISTING MONTH TO DATE

The Coconut Grove Real Estate Experts, The Cherry Group, is enjoying a record month for luxury listings to date with about $7 million in listings going to market. Sylvia Cherry said more is expected before the month's close.

Banks Aren't Banks Anymore

The Cherry Group, Coconut Grove's Expert Realtors, wonders when banks will start lending money again for mortgages. Now bankers are sitting back trading government bonds for a paltry 3 percent return, rather than incurring any risk and earning more on lending. The industry is a mess.

The Cherry Group, Coconut Grove's Expert Realtors Lists Third Major Grove Estate in Four Days

The Cherry Group, Coconut Grove's Real Estate Experts, has listed its third Great Grove home in just four days. Located on half acre on private Leafy Way, this palatial 5/5/1 has the finest finishes and priceless antique fixtures throughout from Europe. It's being offered for $3,200,000.

SYLVIA CHERRY OF THE CHERRY GROUP EARNS ANOTHER CERTIFICATION

Sylvia Cherry of The Cherry Group, Coconut Grove's Expert Realtors, earned another professional designation as a CERTIFIED REAL ESTATE STAGING EXPERT. The Cherry Group knows the smallest detail can be the driving force to generate an offer and staging a home for photography and for sale is at the top of the list for things to do. Other professional certifications The Cherry Group has earned include: Certified Residential Specialist, Founding Members of the Institute for Luxury Home Marketing, Accredited Buyers Representative, Member Master Brokers Forum, Certified Negotiations Specialist and the most important to us after 20 years serving our friends and neighbors in Coconut Grove, your Coconut Grove Real Estate Experts. Give The Cherry Group a call and we will be happy to visit to discuss listing your house and maybe even move some of your furniture around.

THE CHERRY GROUP, COCONUT GROVE'S EXPERT REALTORS, ANNOUNCES SECOND LUXURY HOME LISTING IN TWO DAYS

The Cherry Group, Coconut Grove's Expert Realtors, announces its second luxury listing in just two days. Located at 3525 E. Fairview, this beauty was built in 2002 by one of S. Florida's Pioneer builders for himself and who spared no expense and attention to every detail. With an elevator and a kitchen/den with a fireplace completed in 2010, the home is a stone's throw from the Fresh Market and the Village. The Cherry Group has the 4,768 Sq. Ft. home listed for $1,790,000. Please call The Coconut Grove Experts at 305.607.8360 for more details or to visit.

The Cherry Group, The Coconut Grove Expert Realtors, Lists Another One!

The Cherry Group, Coconut Grove's Expert Realtors, is proud to announce its new listing at 3512 Bayshore Villas Drive, just off historic S. Bayshore Drive, near the water. This is over 5,000 square feet of oure European elegance. The asking price is $1.85 million. To see the home in its entirety, please visit its web site at http://www.bayshorevillasdrive.com/ or contact Gary Hecht of The Chyerry Group in Coconut Grove at 305.607.8360.

THE CHERRY GROUP SAYS WE'VE BOTTOMED OUT

In it's bi-monthly newsletter, The Cherry Group reported only a .5% drop in Real Estate prices year to date in its marketing area. The Coconut Grove Expert Realtors also cited an average of 137 days on the market for listed homes and an average selling price -13.4% down off the asking price. Market activity is brisk and we think it's time to list. Buyers have to know it's also the time to buy. The pendulum is beginning to swing. Also, money will be getting tighter as banks reduce the limit on jumbo loans underwritten by the government.

NO RAIN DELAY FOR THE CHERRY GROUP

Rain or shine, the Coconut Grove Real Estate Experts keep rolling. Sylvia has 5 showings today and I have two listing appointments. It's always a great day to be alive in Coconut Grove.

CITIBANK IN MIAMI NAMES CHERRY GROUP

Citibank's Wealth Management Division (Citigold) has named The Cherry Group, Coconut Grove's Expert Realtors, to serve its world-wide high equity clients for residential real estate purchases throughout Miami-Dade County. The relationship positions The Cherry Group to provide its luxury listings and those co-brokered by other Realtors a stream of ready, willing and able buyers. Please call at 305.607.8360 to market and sell your home fast to an all-cash buyer.

The Cherry Group, Coconut Grove's Real Estate Experts Has Fabulous $1.85 Million New Listing in Coconut Grove

The Coconut Grove Real Estate Experts, The Cherry Group, just scored a a fabulous new listing in Coconut Grove for $1.85 million. Watch for details next week after the professional photography is completed and posted next week. We don't don't begin to market before The Cherry Group makes the dollar investment necessary to sell your home and makes us the leading Coconut Grove Realtors for Coldwell Banker's Grove Office.