Open House Wednesday A DUD

The Cherry Group, The Coconut Grove Realtors, reviewed the MLS for Broker single family home Open Houses in Coconut Grove and saw none. Every Wednesday Brokers open up their new listings so the Real Estate community can review the new inventory. We remember the day when 10 or 15 homes were open for previews, but not now. This is significant because the inventory for quality, well-priced homes is dwindling and virtually nothing is coming to market, driving values up by 1.5 percent on listed homes. There cannot be a better time to list in a market with modest inventory and mortgage rates in the basement.