“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Mott ٩(๏̯͡๏)۶¯`••._.• Mo$ Kornicki

Home Prices See BIG Gains! • Real Estate Is Local • Miami, Florida

Home Sales See Big Gains!

Written by Anne-Marie Wurzel,|

WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose 5.5 percent last month, the biggest gain since July 2003, and the inventory of unsold homes fell, a hopeful sign for a housing market mired in a long slump.

The National Association of Realtors said on Friday that sales of existing homes rose to a 5.18 million-unit annual rate from the 4.91 million unit pace set in August. Economists had expected sales to rise to only a 4.93 million unit rate.

It was the first time the sales pace had risen above its year ago level in nearly three years, a sign the market could be stabilizing.

The surprisingly large jump in sales pushed the inventory of unsold homes down by 1.6 percent to 4.27 million, or a 9.9 months' supply at the current pace, the lowest since February.

"We're not out of the woods yet by any means when it comes to falling house prices and our fundamental problem of an oversupply of homes, but we're getting near to the bottom every day," said White House spokeswoman Dana Perino.

Home prices, however, showed no signs of escaping their long, deep slide and economists said the number of homes on the market would likely have to fall further before they do.

The median national home price declined 9 percent from a year ago to $191,600, the lowest level since April 2004.

"As the median price continues to decline, seeking out that new equilibrium level, demand is -- slowly and hesitantly -- moving back into the market," said Lindsey Piegza, an economic analyst at FTN Financial in New York.

A Reuters poll taken October 21-24 found economists expect prices to continue to fall through next year. The median forecast from the survey was for a 15 percent drop this year and a 6.4 percent fall in 2009. Economists expect prices to turn up in 2010, but by a meager 1 percent.

'VULTURE INVESTORS'

Rising U.S. mortgage defaults have sent credit markets into a tailspin, threatening economies worldwide. A majority of economists polled said finding a floor for house prices is an essential condition for ending the financial crisis.

In order for prices to recover, the glut of unsold homes needs to be whittled down further, analysts said.

"Most, if not all, the rise in sales is due to vulture investors buying cheap foreclosed homes, but all sales reduce inventory," said Ian Shepherdson, the chief U.S. economist at High Frequency Economics in Valhalla, New York.

"If this continues, people will stop expecting further price falls and activity will start to recover."

Lawrence Yun, the chief economist for the Realtors' trade group, also pointed to a rise in foreclosure and other 'distress' sales in regions hard-hit by the housing downturn.

"In some regions, the lower prices are seeing buyers return to the marketplace," he said. "This was a nice jump and hopefully this trend can continue because the first step to stabilizing the market is an increase in home sales."

Sales jumped 16.8 percent in the West, while rising 4.4 percent in the Midwest and 2.2 percent in the South. In the Northeast, sales fell 1.2 percent.

Sales of single-family homes, which represent the lion's share of the market, rose 6.2 percent. Sales of condominiums held steady.

"We're still struggling with falling home prices and we will for a while, but we're forming a bottom here," said Bob Walters, chief economist at Quicken Loans in Livonia, Michigan.

Click Here To Send Me A Message

Mott Marvin Kornicki, Associate/Realtor®

• Aventura • Bal Harbour • Bay Harbor Islands • Fisher Island • Golden Beach • Hallandale Beach •

• Hollywood Beach • Miami • Miami Beach • South Beach • Sunny Isles Beach • The Waterways • Williams Island •

SIB Realty, LLC • 18206 Collins Avenue • Sunny Isles Beach, Florida 33160

305-767-2121 CALL US TODAY! 305-935-3533

Subscribe To My Blog

View Mott Marvin Kornicki's profile on LinkedIn Mott Kornicki, Real Estate Professional in 33160

Twitter.com

OUR BLOG | PROPERTY SEARCH| VISIT OUR SITE | CONTACT US

The Bal Harbour House • Elegant Design • Convenient & Secluded Location

The New Harbour House condos are 457 lavishly appointed residences on 16 floors adjoining the newly constructed Regent Bal Harbour luxury condo hotel and just a short walking distance to the exclusive Bal Harbour Shops. The condos are located on the northern-most tip of Miami Beach where the Intracoastal meets the Atlantic – one of the most sought after oceanfront properties in South Florida. Among the numerous amenities found at the New Harbour House, are 24-hour concierge and security services, controlled access, valet parking, billiards, market/cafe, poolside bar and barbeque, new outdoor spa, and landscaped pool deck with cabanas and beach beds. These secluded condos with their panoramic views reflect the tasteful lifestyle that is Bal Harbour. Bal Harbour House

THE NEW HARBOUR HOUSE

SALES & RENTALS

10275 COLLINS AVENUE

BAL HARBOUR, FLORIDA 33154

Click Here To Send Me A Message

Mott Marvin Kornicki, Associate/Realtor®

Mott Kornicki • Real Estate In Miami (SIB REALTY, LLC): Real Estate Sales Person in Bal Harbour, Miami-Dade County, Florida

• Aventura • Bal Harbour • Bay Harbor Islands • Fisher Island • Golden Beach • Hallandale Beach •

• Hollywood Beach • Miami • Miami Beach • South Beach • Sunny Isles Beach • The Waterways • Williams Island •

SIB Realty, LLC • 18206 Collins Avenue • Sunny Isles Beach, Florida 33160

305-767-2121 CALL US TODAY! 305-935-3533

Subscribe To My Blog

View Mott Marvin Kornicki's profile on LinkedIn Mott Kornicki, Real Estate Professional in 33160

Twitter.com

OUR BLOG | PROPERTY SEARCH | VISIT OUR SITE | CONTACT US

Harbor Towers • Portsview • Harborside | At The Waterways Aventura

Welcome to The Waterways at Aventura. The Waterways consists of luxury townhomes, condominiums, villas, courtyard homes and single family/zero-lot line homes. At the heart of The Waterways is the 99 slip, deep water yacht basin and marina. Come and enjoy the mile long waterfront promenade and The Shops at The Waterways. New Page 9

AVENTURA THE WATERWAYS

HARBORSIDE • PORTSVIEW • HARBOR TOWERS

THE TOWNHOMES AT PORTSVIEW

Photobucket

èALL UNITS AVAILABLEç

The three towers at the north side of the marina

offer fantastic views of the marina and/or the canals of golden

isles, hallandale beach, hollywood beach and fort lauderdale.

The community contains 554 units;

HARBOR TOWERS 144

PORTSVIEW 209

PORTSVIEW TOWNHOMES 20

HARBORSIDE 181

Click Here To Send Me A Message

ASSOCIATE | REALTOR®

Mott Kornicki • Real Estate In Miami (SIB REALTY, LLC): Real Estate Sales Person in Bal Harbour, Miami-Dade County, Florida

REAL ESTATE SPECIALISTS • MIAMI, FLORIDA

CLICK HERE TO SCHEDULE AN APPOINTMENT

Mott Marvin Kornicki, Associate/Realtor®

• Aventura • Bal Harbour • Bay Harbor Islands • Fisher Island • Golden Beach • Hallandale Beach •

• Hollywood Beach • Miami • Miami Beach • South Beach • Sunny Isles Beach • The Waterways • Williams Island •

SIB Realty, LLC  S  18206 Collins Avenue  S  Sunny Isles Beach, Florida 33160

305-767-2121   ( CALL US TODAY!   (   305-935-3533

OUR BLOG | PROPERTY SEARCH | VISIT OUR SITE CONTACT US

 

We are SIB Realty ••• We Know Sunny Isles Beach Best! ••• Sales & Rentals

SIB BEST REALTY

SUNNY ISLES BEACH, FLORIDA

WE ARE SIB REALTY
WE KNOW SUNNY ISLES BEACH BEST!

Sunny Isles Beach, Florida • 305-935-3533 • REALTORS®ImageChef.com - Custom comment codes for MySpace, Hi5, Friendster and more
 

SIB Realty • 18206 Collins Ave. Sunny Isles Beach, FL 33160 • Phone: 305.931.6931

Property Search Contact Us

Buy, Sell, Rent in SIB {Sunny Isles Beach} with SIB Realty

To find which residences are currently for sale and rent search at

www.SIBRealty.com

Acqualina | La Perla | Millennium  | Ocean One  | Ocean Two  | Ocean Three  | Ocean Four  | Oceania One  | Oceania Two  | Oceania Three  | Oceania Four  

 Oceania Five  | Pinnacle  | Sands Pointe  | Sayan  | Sole  | Trump Palace  | Trump Tower One  | Trump Towers Two  | Turnberry Ocean Colony

REAL ESTATE SPECIALISTS • MIAMI, FLORIDA

Localism

CLICK HERE TO SCHEDULE AN APPOINTMENT

ASSOCIATE | REALTOR®

Mott Kornicki • Real Estate In Miami (SIB REALTY, LLC): Real Estate Sales Person in Bal Harbour, Miami-Dade County, Florida

• Aventura • Bal Harbour • Bay Harbor Islands • Fisher Island • Golden Beach • Hallandale Beach •

• Hollywood Beach • Miami • Miami Beach • South Beach • Sunny Isles Beach • The Waterways • Williams Island •

SIB Realty, LLC • 18206 Collins Avenue • Sunny Isles Beach, Florida 33160

305-767-2121 • CALL US TODAY! • 305-935-3533

OUR BLOG | PROPERTY SEARCH | VISIT OUR SITE | CONTACT US

Trump / Dezer / Related • Three Respected Developers • One Fantastic City

Trump, as in Donald J. Trump has marked Sunny Isles Beach as the next hot-spot for luxury living on the ocean. Trump has rarely been wrong when it comes to making real estate decisions and his belief in the City of Sunny Isles Beach is just another example of his visionary outlook. Take a look at this brief overview of what Trump Miami is all about. Visit our Trump Miami Blog and our Trump Towers Miami Blog too. New Page 24

Lagoon Pool and Waterfalls at Trump International • Sunny Isles Beach

TRUMP ROYALE ۝ TRUMP PALACE ۝ TRUMP INTERNATIONAL

Form follows excellence...

The Trump Grande Ocean Resort and Residences will exceed the expectations of even the most discriminating clientele, setting new standards for opulence, exclusivity and luxury living. Its super-contemporary design and sensibility exudes grace and style. Designed to accommodate those accustomed to quality and service, the Trump Grande properties offer every comfort, convenience and pleasure in a portfolio of amenities that redefine prestige.

Destination: Elegance...

Witness the emergence of the new Miami Beach Riviera on the shores of one of the world's great tropical destinations. Trump Grande lies at the midpoint of the Miami Beach - Ft. Lauderdale corridor for the utmost convenience for air travelers and residents alike. Exclusive by both nature and design, the barrier island of Sunny Isles Beach sets the stage for complete immersion in the area's unparallel blend of culture and leisure.

Enter a new golden age...

Expansive sea vistas provide the backdrop for an enclave designed for a rich, sophisticated lifestyle. This three-phase development, emerging as South Florida's most sought-after addresses, is reserved for those with uncompromising taste and requirements.

At last, an answer to the demand for the ultimate expression of the luxury lifestyle.

The Beach Was Never Like This Before.

Trump Palace is the ideal second home. Now your family can spend as much time as they want at the beach, catered to in ultra luxury resort hotel style. There's nothing like the comfort and convenience of your own private suite. You own it 100%. But Trump Palace maintains it, along with a life style that's much better than home! Plus, if you like, we can even include your suite in our professionally managed hotel rental program. When your not in residence, you can rest assured that Trump Palace's professional team will rent and maintain your second home for you in perfect style.

You'll enjoy impeccable room service, maid service, concierge service, poolside/beachfront service, gourmet restaurant, sparkling Oceanside pool, 20,000 sq. ft. of meeting space and much much more.

View all 3 luxury buildings that make up The Trump Grande property, below.

The concept of this condominium-hotel offers a rare opportunity to benefit from ownership and residency.

Trump International Beach Resort is the ideal second home. Now your family can spend as much time as they want at the beach, catered to in ultra luxury resort hotel style. There's nothing like the comfort and convenience of your own private suite. You own it 100%. But we maintain it, along with a life style that's much better than home! Plus, if you like, we can even include your suite in our professionally managed hotel rental program. When your not in residence, you can rest assured that our professional team will rent and maintain your second home for you in perfect style.

You'll enjoy impeccable room service, maid service, concierge service, poolside/beachfront service, gourmet restaurant, sparkling Oceanside pool, 20,000 sq. ft. of meeting space and much much more.

From the luxurious lobby with high clerestory windows, imported marble, exotic hardwoods and fine furnishings, every detail of Trump International Beach Resort reflects the ultimate expression of comfort and refinement.

This new benchmark of supreme luxury realizes the vision of the renowned Sieger Suarez Architectural Partnership, offering a unique interpretation of the lush environment that surrounds it.
RESIDENCE A
ONE-BEDROOM GRANDE SUITE
Interior: 1021.2 sq ft 92.1m2
Balcony: 64.2 sq. ft 5.7m2
Total: 1085.4 sq. ft 97.8m2

RESIDENCE B
JUNIOR SUITE
Interior: 664.2 sq ft 59.9m2
Balcony: 64.2 sq. ft 5.7m2
Total: 728.4 sq. ft 65.6m2
RESIDENCE C
TWO-BEDROOM GRANDE SUITE
Interior: 1625.4 sq ft 146.6m2
Balcony: 147.6 sq. ft 13.3m2
Total: 1773.0 sq. ft 159.9m2
RESIDENCE D
JUNIOR SUITE
Interior: 643.5 sq ft 58.0m2
Balcony: 63.9 sq. ft 5.7m2
Total: 707.4 sq. ft 63.7m2
DELUXE STUDIO #1
Interior: 550.9 sq ft 49.7m2
Balcony: 79.8 sq. ft 7.2m2
Total: 630.7 sq. ft 56.9m2
DELUXE STUDIO #2
Interior: 538.2 sq ft 48.5m2
Balcony: 75.4 sq. ft 6.8m2
Total: 613.6 sq. ft 55.3m2
DELUXE STUDIO #3
Interior: 456.6 sq ft 71.7m2
Balcony: 83.4 sq. ft 7.5m2
Total: 540.0 sq. ft 78.6m2

A Luxury Residential Condominium

This 55 story luxury residential condominium has uninterrupted views of the Atlantic ocean and Intracoastal waterway. No expense has been spared in the design and a magnificent obsession with detail is perfected in its generously apportioned interiors and flawless craftsmanship, made all the more exceptional by an incomparable offering of personal service and amenities.

Pre Completion Sales are Now Open with Occupancy Scheduled for 2005. Prices for One to Four Bedroom Condo Suites Range from the $600's to $2,500,000. Selected Penthouses from$1,500,000 to $25 million.

Trump Palace is part of an 11-acre, exclusive oceanfront enclave with features and amenities that include:
-
A beautifully manicured gatehouse entry with 24-hour attendant
- A magnificent two-story lobby entrance
- 1,000 feet of pristine beachfront
- A tropically landscaped water activities center, including a
temperature-controlled lagoon pool with sloped, beach-grade entry, two temperature controlled lap pools, Jacuzzis, waterfalls and a snack bar & grill

Trump Palace exterior features include:
-
Private, high-speed elevators leading to residence entrance galleries with handcrafted coffered ceilings and solid-wood double doors.

Residence interiors feature:
-
Ten-foot ceilings and floor to ceiling windows
- Spacious outdoor terraces in all units, accessible from master suites with panoramic ocean and Intracoastal views.

State-of-the-Art Kitchens are luxuriously appointed, and feature:
Italian-designed custom wood kitchen cabinets with stainless steel features
- Ample space for casual dining
- Stainless steel Gaggenau convection ovens
- Stainless steel Bosch® ultra-quiet dishwasher (the quietest available) with recessed control panel*
- Miele® digital electric range with four burners and safety guard, flush mounted*
- Sub-Zero® 36 and 42 inch full stainless steel refrigerators*
- Designer, custom-selected Grohle® fixtures*
- ¼ round bull-nose Granite countertops
- Designer choices of Granite countertops
- Optional smart home technology packages available from Cimax USA - call our sales center for further information.

Elaborate master-suites feature:
-
Oversized walk-in closets
- A transparent glass-enclosed shower
- His-and-her vanity areas
- Imported marble flooring
- Full imported-marble oversized shower
- A Jacuzzi whirlpool tub
- A European-style bidet
- Italian designer vanities with floating sinks and top-of-the-line Grohe® fixtures

Other features include:
-
A 5,000 sq. ft. duplex spa with his-and-hers Jacuzzi, sauna, steam room, treadmills, stationary bikes and state-of-the-art Nautilus equipment
- Two floors of multi-purpose rooms
- Large capacity washer and dryer units
- Individual HVAC system with personal climate controls
- Hurricane rated, tinted-exterior window glazing
- Storage closet with security locks, located in garage level
- Full service valet and car wash**


Residence Services:

Professional concierge services, including:
-
Secretarial services**
- Travel reservations**
- Theater and dining arrangements**
- Chauffeur service**
- Porte-cochere with valet parking
- Business center and meeting rooms
- 24-hour room service**
- In-room massage**
- Babysitting service**
- Catering for private functions**

The tennis center features four professional sized Har-tru tennis courts and a tennis professional, who is available for private lessons.
-
A youth activities pavilion and playground
- Indoor and outdoor gourmet dining rooms
- Private outdoor reception areas
- Events and private function and banquet rooms, including a 9,000 sq. ft. grand ballroom and junior ballrooms equaling 20,000 feet
-
8,000 square foot spa and fitness center with state-of-the-art fitness equipment and facilities in
Trump Palace including:
One-on-one personal training**
- Aerobic, cardiovascular and strength training programs
- Fitness and body composition counseling
- Yoga relaxation classes**
- Power step aerobics**
- Aromatherapy**
- Swedish massage**
- Revitalization facial treatments**
His-and-hers changing rooms featuring:
Men's and Woman's saunas
Men's and Woman's steam rooms
Massage and body treatment rooms


A Luxury Residential Condominium

This 55 story luxury residential condominium has uninterrupted views of the Atlantic ocean and Intracoastal waterway. No expense has been spared in the design and a magnificent obsession with detail is perfected in its generously apportioned interiors and flawless craftsmanship, made all the more exceptional by an incomparable offering of personal service and amenities.

Pre Construction Sales are Now Open with Occupancy Scheduled for 2007. Prices for One to Four Bedroom Condo Suites Range from the $600's to $2,500,000. Selected Penthouses from $1,500,000 to $25 million

Trump Royale exterior features include:
- Private, high-speed elevators leading to residence entrance galleries with handcrafted coffered ceilings and solid-wood double doors.

Residence interiors feature:
-
Floor to ceiling windows
- Spacious outdoor terraces in all units, accessible from master suites with panoramic ocean and Intracoastal views.

State-of-the-Art Kitchens are luxuriously appointed, and feature:
- Italian-designed custom wood kitchen cabinets
- Ample space for casual dining
- Stainless steel Miele® convection ovens
- Stainless steel Miele® ultra-quiet dishwasher with recessed control panel*
- Miele® digital electric range with four burners and safety guard, flush mounted*
- Sub-Zero® 36 and 42 inch full stainless steel refrigerators*
- Designer, selected Slate countertops
- Cimax USA - Smart Home Technology - Systems pre-wired for convenience. At the touch of a screen you're able to :-Choose Beach Chairs, Set your entire security system, preset TV's and Stereo Systems, Notify valet to have your car ready.

Elaborate master-suites feature:
-
Oversized walk-in closets
- A transparent glass-enclosed shower
- His-and-her vanity areas
- Imported marble flooring
- Full imported-marble oversized shower
- A Jacuzzi brand whirlpool tub
- A European-style Kohler Toilet & bidet*
- Italian designer vanities with Wenge style wood and imported marble countertops

Other features include:
-
A 8,000 sq. ft. duplex spa with his-and-hers Jacuzzi, sauna, steam room, treadmills, stationary bikes and state-of-the-art Nautilus equipment
- Two floors of multi-purpose rooms
- Large capacity washer and dryer units
- Individual HVAC system with personal climate controls
- Hurricane rated, tinted-exterior window glazing
- Storage closet with security locks, located in garage level
- Full service valet and car wash**

Residence Services:

-
Professional concierge services including:
-
Secretarial services**
- Travel reservations**
- Theater and dining arrangements**
- Chauffeur service**
- Porte-cochere with valet parking
- Business center and meeting rooms
- 24-hour room service**
- In-room massage**
- Babysitting service**
- Catering for private functions**

Trump Palace Trump Grande Trump International 181st @ Collins Avenue Sunny Isles Beach, FL 33160

For All Available Units • Please Contact Us

Evelina & Valeria "Valerina"

Evelina Tsigelnitskaya

Valeria Mola

Mott Marvin Kornicki, Broker • Waterway Realty, Ltd. Co. • 305.935.3533 • REALTORS®

Mott Marvin Kornicki, Broker/Associate • SIB REALTY • 305.935.3533 • REALTORS®

Sunny Isles Beach, Florida

Featured Property | Easy Property Search | Company Listings

Office Profile | Contact Us

Click Here To Send Me A Message

Mott Kornicki • Real Estate In Miami (SIB REALTY, LLC): Real Estate Sales Person in Bal Harbour, Miami-Dade County, Florida

• Aventura • Bal Harbour • Bay Harbor Islands • Fisher Island • Golden Beach • Hallandale Beach •

• Hollywood Beach • Miami • Miami Beach • South Beach • Sunny Isles Beach • The Waterways • Williams Island •

SIB Realty, LLC • 18206 Collins Avenue • Sunny Isles Beach, Florida 33160

305-767-2121 • CALL US TODAY! • 305-935-3533

OUR BLOG | PROPERTY SEARCH | VISIT OUR SITE | CONTACT US