Every year The Miami Herald compiles information for a presentation on the real estate climate for South Florida and invites realtors from various communities to give their own projections and suggestions for the ever changing market. This year included Juan Carlos Fernandez and Vivian Macias, realtors and residents for the Town of Miami Lakes.
Fernandez is a part of the Golden Acre Real Estate office in Miami Lakes and Macias is part of Principal Properties in nearby Hialeah. Fernandez and Macias answered a host of questions for the Herald, the same questions other realtors answered, for the presentation to note the top answers.
“It is still a time to buy,” said Fernandez. “Single family homes for less than $200 per square foot is still available in Miami Lakes. Arguably the most important aspect for families are schools and the Town of Miami Lakes has some of the highest rated schools in addition to a small town feel with the tree canopies and our Main Street area along with the golf course and restaurants. I would say Miami Lakes is the most undervalued area because the price per square foot is way under what it should be for its amenities.”
In the past the Miami Herald has excluded more suburban areas like Miami Lakes but have begun taking into consideration the housing market in smaller neighborhoods.
“I think we should definitely be included for a more holistic view of the housing market. It’s really an important survey that takes so much into consideration,” said Fernandez.
The presentation can be access online at http://www.miamiherald.com/news/business/biz-monday/article163183833.html.