Rua Realty In The News

Charlie Rua providing real estate guidance & knowledge on Univision

Rua Realty’s Managing Broker Appears on TV to share expertise on the South Florida Real Estate Market

Founder and managing broker, Charlie Rua, was recently interviewed on Univision to assist them in answering South Florida real estate related questions. The question was posed as to why Miami and Hialeah were cities a rental research study determined were some of the most difficult to rent for prospective tenants. The study took into account low average salaries vs the high rental asking prices.

Click here to read the El Nuevo Herald (In Spanish) article that was referenced in the news interview.

 

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Exclusive Rua Realty Rentals

2121 N. Bayshore #1219, Miami

Asking $3,700/month

Stunning & Unobstructed Panoramic Views Reveal One of Miami’s Most Beautiful Views Over Biscayne Bay. Enjoy Sunrises & Sunsets From Almost Every Room In This Spacious Corner Unit Within Walking Distance to Park, Restaurants, Art & Shops. Property Was Recently Remodeled (Open Kitchen Design, New Flooring, Guest Bath & More). Washer Dryer Within Unit. Amenities: Bayfront Pool, Tennis Courts, 24 Hour Security & Gym. Two Assigned, Covered Parking Spaces. Enjoy Life in the Heart of the City. Pet friendly.

 

3225 Oak Avenue, Coconut Grove

Asking: $2,000/month

Wonderfully Situated 2/1 Duplex Steps From The Heart Of The Grove Restaurants & Shops. Nice Sized Rooms & Kitchen Which Include Stainless Steel Appliances. Washer/Dryer Located Within The Property. Shared Patio With 3227 Oak (Duplex Neighbor). Water, Sewer & Trash Pick Up Included. Two Parking Spaces With Room For One More. Pet Friendly. Tenant Occupied Through April 1, 2016.

  3375 Percival Street, Coconut Grove

Asking: $3,500/month

Remodeled Gated 3/2.5 Townhome in Coconut Grove. Features: New Kitchen W/ Stainless Steel Whirlpool Appliances, Marble Throughout, Closet Cabinetry, Impact Windows, ADT Pulse Alarm System, Impact Windows & Doors, High Ceilings, And Plenty of Storage Space. Garage, Two Gated Parking Spaces. Steps From Restaurants & Shops.

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Rua Realty in the News

Charlie Rua & Xavier Durana in front of the 6th Hole Rua Realty Flag.

Charlie Rua & Xavier Durana in front of the 6th Hole Rua Realty Flag.

Rua Realty Sponsors the 2nd Annual Somerset Academy Gables Golf Tournament at the Biltmore Hotel in Coral Gables

Rua Realty agents participated and sponsored the second annual Tournament. Somerset Academy Coral Gables is located in the desirable Golden Triangle of Coral Gables within close proximity to the Coral Gables Library and Youth Center.

Click here to learn more about the Coral Gables (33134) real estate market.

 

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Counterproductive Homebuying Strategy: Lowballing

By: Kenneth Harney

It’s not something that economists routinely track, but it provides a rough sense of what’s happening in local real estate markets. Call it the lowball index. A year ago, according to researchers at the National Association of Realtors, one out of 10 members surveyed in a monthly poll complained about lowball offers on houses listed for sale. In the latest survey — conducted during March among a sample of 4,500 agents and brokers across the country and not yet released — there were hardly any. Instead, the focus of volunteered comments has shifted to declining inventory levels — fewer houses available to sell — and multiple offers on well-priced listings.

A lowball offer typically involves a contract submitted to a seller where the price proposed by the purchaser is 25 percent or more below list. Lowballs increase sharply when there’s a glut of properties available, asking prices are out of sync with local economic realities, and values are depressed or uncertain. Buyers figure: Hey, why not? Maybe I’ll get lucky.

Based on the latest survey results, sort of strategy is not a winning move in many communities this spring. In fact, in local markets where inventories are tight and competition for homes rising, real estate agents say that buyers looking to steal houses by lowballing their offers are ending up at the back of the line — their contracts either rejected out of hand or countered close to the original asking price.

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