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Cyndi Henriksen with Partner Andy Casas
Cyndi Henriksen & Her Partner Andy Casas
    Years of Experience: 20 + "Experience is Priceless"

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EWM Realtors
419 Arthur Godfrey Rd
Miami Beach, FL
305-216-1156


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Miami Beach Real Estate: Face to Face

Thursday, October 7th, 2010

Ok, I am not going to bore you with the usual market info, such as the market is  up but prices are down, prices are down but the market is up, prices are up but forclosures are down……. Now the latest, the banks are holding back on foreclosures. So now some of the homes that have been sitting empty and  have been neglected are only going to be in worse shape and the values will fall even lower. Makes sense to me!!! Anyway, I read in Business Monday in the National Enquirer, I mean the Miami Herald that real estate agents are tweeting, texting, blogging, e mailing, you name it in order to get business. Just curious, dosen’t anyone want face to face contact and conversation? Afterall,  your home is one of the largest investment you ever make, don’t you want to meet the person and feel comfortable with them? Have confidence  that they know what they are doing and know their market?  No offense to my fellow Realtors but some of you do this for a hobby and as my friend Neal Rogers would say…what you know about real estate, you can put in a thimble and have room for the Chinese Army! Enough said. Anyway, it got me thinking about my dad. He sold real estate on Miami Beach for many many years and was President of the Miami Beach Board of Realtors (that’s when Miami Beach had a board of Realtors)  and when he would come home from work, he was home from work. We had dinner together,  he helped with homework, talked, and he put us to bed. All that with NO interruptions!  All this technology would of amazed him. But he often told me there was no substitution for peh el peh, which means face to face in Hebrew. Just wondering if anyone else feels that way anymore. But I have to go, my cell phone is ringing, I have an e mail to answer, a text to return, a fax to get out, and a twitter to tweet!

Miami Beach Real Estate: Listings, Sales, and a Whole lot more!

Monday, September 13th, 2010

Its been a while folks! I got so busy with the end of the summer, back to school thing that time just slipped away. I finally got smart and stopped buying everything on the the school supply list. Once I discovered I still had 12 duotangs (who came up with that name), boxes of #2 pencils, and 5 composition notebooks, it was time to stop! My youngest entered “middle school” and that was a big step. I”ve already had the dreaded back to school night  for both the middle school and the high school. The good thing is I finally didn’t get stuck in one of those chairs form my kids desk.  Elementary school was tough, when I stood up the chair came with me! I’m sure you can all relate…how embarrassing! Now on to real estate……..

We have been super busy. We got 2 new lsitings so far this month: 3757 Sheridan Ave which is a 3/2, 1930s home, very charming and adorable, cozy (realtor speak for not very big), cathedral ceiling, fireplace,and in move in condition.  Asking $569,000.

Our other listing is 4422 Alton Rd. which is a great deal. Its a short sale but its got 4 bedrooms, over 3000 sq. ft, pool, renovated, but neglected! Asking $539,000. We already have 5 offers! Go team go!

And…..we have 2 wonderful homes under contract:

725 W. 50 Street and 345 W. 34 St., and we will be closing at the end of the month. Of course I will keep you posted. I am always available for any questions, comments, and referrals.

My other listing is located at 4422 Alton Road. Its a short sale but an excellent opportunity for someone. It has a new gourmet kitchen, pool, stone floors, 3 bedrooms upstairs and 1 down, formal dining, just an all around nice big family home. In all honesty, its been neglected and needs some TLC. Asking $539,000. 

Speaking of short sales, I truly wish the banks could get it together with these  short sales and foreclosures. I have put a few under contract but by the time the banks gets them  approved  the property has deteriorated so much, the buyers are backing away or asking for credits. The bank laughs at the whole credit thing so you go back to square one and write another offer (lower of course). The banks need to give a response in 30 days. I know they are swamped, well hire more people. The last time I checked there were a lot of people out of work….hello!

Miami Beach Real Estate: Going, Going, Gone

Thursday, August 5th, 2010

Yes, we did it again! One of my favorite homes, 725 W. 49 St. located in mid Beach sold and closed on Monday for $750,000. What a great property in a great location. 3 bedrooms, 2.5 baths, totally redone with impact windows, beautiful eat in kitchen, fab dining room, gorgeous terrazo and hardwood floors, and beyond great architectural detail. It was a smooth transaction and the buyer was happy, the seller was happy, and the Realtor was really happy!  We’ll keep posting our woderful listings and sales to keep you in touch with the market.

Miami Beach Real Estate: Ball of Confusion

Wednesday, August 4th, 2010

Hi there all, its been a while. Last week was a rough week. Very busy running around and showing property and showing property and showing property. Do you see the pattern here? Lots of showings! Not selling but showing! I think most buyers are still looking for that “deal”, the “great buy”, the foreclosure. There are good deals out there. Prices on the Beach are back to 2002 prices but yet that’s not good enough for some people and they will continue to search. This leads me to the confusion part. Look at The Miami Herald today. The market is looking good, there are all these pending sales, its unbelievable, its fantastic, its a bunch of……confusion! One day the market is good, another day its awful, prices are up, prices are stable, prices are down. The paper says one thing, the Internet another, the TV news another. The reality is if anyone really knew, we wouldn’t be in this mess!! If you are a buyer, buy! If you’re a seller, sell. Buyers are thinking its going to keep going lower so I’ll wait and sellers are thinking, its going to bottom out and get better so I’ll wait. While everyone is waiting, both parties are missing out. So, I will be a Nike ad, “Just do it!”

Miami Beach Real Estate: Knock, Knock….

Monday, July 26th, 2010

Yea thats right, listen closely because thats opportunity knocking! There are some real good deals on Miami Beach these days. I remember a few years back when I would get calls and a buyer would want to spend about $500,000 on a property. I was so busy holding back my laughter that I never got their name and number. So if you’re out there, I am no longer laughing and I have a paper and pencil ready to write down your name, number, e mail address,  your kids birthday, …… But seriously, there is a foreclosure at

4320 Post Ave., Miami Beach. 3 bedrooms, 2.5 baths, built in 1935, hard wood floors throughout, granite kitchen counters, garage conversion, and a nice yard. The asking is $403,900. I think its a great opportunity at a great location. Knock, knock!

5383 Alton Rd, knock, knock! Fab house on the golf course with guest house, fully renovated, gorgeous pool. Usually not a fan of AltonRd but this house is a winner. The front door is on 53 st with easy access onto the road, you don’t even know you are on Alton!  Asking $825,000….make an offer.

We all know the short sale process is a pain in the —( neck) but if you have the patience you can get a really good deal. Watch out, some of the photos can be misleading. The house looks fantastic from the pictures and you get all excited until you get to the house and boy what a dump!!!! Sometimes those good deals aren’t such good deals! So, if you have any questions or need any info please don’t hesitate to give us a call. Remember, “experience is priceless”.

Miami Beach Real Estate:The Good, The Bad, The Ugly

Wednesday, July 14th, 2010

The Good: Shop Miami Beach is the fun event coming this weekend to Miami Beach. From 12 noon to 8p.m. on Saturday and Sunday a tent will be set up on 21 Street and Collins Ave. with more than 30 retailers  selling clothes, accessories, watches, bags, and much more. There will be a DJ, bar, giveaways, and toss in everbodies favorite 4 letter word SALE and you’ve got yourself one fine event! 

The Bad: Our home listed at 5237 La Gorce Dr. was reduced from $915,000 to $869,000 yesterday. Why is that bad? It just shows prices are still weak and price is  still the big factor in bringing the buyers around. We are selling bricks and mortar! I know its location, location, location but now its price, price, price! But its a great house (4 bedroom, 3 bath, pool, impact windows)at a great location at a great price, so don’t miss out!

The Ugly: Banks repossessed more than 24,000 South Florida properties in the first 6 months of 2010. Thats about 4,000 repos per month which represents an 83% increase over the first 6 months of 2009. In Miami Dade County there was 1,800 repos per month, an increase of 125% compared to 2009! Yikes! But wait, an implementation of the online foreclosure auction system is partly responsible for the spike. It allows more properties to be auctioned off each month. If you need help with selling before it gets to that stage, give us a call. We have closed several sales and short sales over the past few months. Remember, ” Experience is Priceless“.

How low can you go!

Wednesday, June 2nd, 2010

According to Wednesdays (June 2,2010) Miami Herald written by Matthew Haggman, property values are declining for the third year in a row. Miami Dade values fell 13.4 percent compared to last year. Yikes! This drop is the biggest since the real estate market took a dive. Why is this so terrible you ask…..my taxes will go down, great! Well yes and no. Your taxes go down but so do a lot of services because cities and counties get a chunk of their revenue from property taxes.  Cities all over are going to wonder, do we increase property owners tax rate or reduce services? Its a big dilema for many cities. And get this, while cities are struggling and wondering what to do, the  Miami Dade County Mayor (Carlos Alvarez), the City Manager, and the Commissioners are driving luxury cars and receiving free gas, insurance, and maintenance. The mayor said he would eliminate the car perk , only if other elected leaders did too. Hey buddy, how about setting an example? Thats what I call chutzpah!

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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