Miami-Dade, Broward and Palm Beach real estate appraisals

Brittex Blog

Miami-Dade Wellfield Protection Areas

April 16th, 2008 9:31 PM

Developers of land in areas of Miami-Dade County where there are wellfields would have to agree with Miami-Dade County to property covenants that is generally a binding agreement made between a property owner and Miami-Dade County that restricts the use of that property. This may be the only way in which a certain type of activity may be permitted with a property located in the "cone of influence" of a well.

The land use restrictions requiring covenants can be broken down into three categories;

1) Restricted land use within a Wellfield Protection Area,

2) Restricted Land use due to the use of a septic tank,

3) Restricted Land Use to protect a natural resource.

Link to the Wellfield Protection Areas

Posted by Britt Rosen on April 16th, 2008 9:31 PMPost a Comment (0)

Subscribe to this blog

Pinecrest Statistics on Listings versus Sales

April 16th, 2008 9:10 PM

This month listings and sales of single family homes in The Village of Pinecrest are being shown. The source for this chart is www.ewm.com/trendx which contains information about many submarkets in both Miami-Dade and Broward Counties.

The Village of Pinecrest's inventory of homes has grown from 254 homes on the market in December 2007 to 277 homes in March 2008. There is a one month lag in the data reporting. Sales are indicated in red. Absorption is arrived at by dividing the supply by the demand which is 15.4 months. Exposure and marketing times may differ from absorption.

Posted by Britt Rosen on April 16th, 2008 9:10 PMPost a Comment (0)

Subscribe to this blog