Real Estate, Community News & More from My Desk to Yours

Monday, December 31, 2012

Happy New Year from All of Us at Slesnick & Jochem!

The 64th Annual Junior Orange Bowl Parade yesterday was lots of fun for kids and adults, and the weather was beautiful. Ginger Jochem drove the car while Bentley the Bear and my granddaughter, Julia, waved at the crowds. Congratulations to my daughter Kathleen and all of the JOB team for a great parade!

Sunday, December 30, 2012

64th Junior Orange Bowl Parade TODAY at 4PM

Beginning at 4 p.m. today, the streets of Downtown Coral Gables will be filled with marching bands, colorful floats, community groups and creative parade units, all part of the 64th Junior Orange Bowl Parade. See the parade route below.

This year's parade theme is "Sailing to New Adventures" which commemorates the 500th anniversary of Ponce de Leon's discovery of Florida. 

Enjoy daytime family fun before the new year. "It's supposed to be a gorgeous afternoon," said Junior Orange Bowl Parade Chair Kathleen Slesnick Kauffman, "and it's the end of holiday break for kids and families and it's a good way to wrap up your break."
For more information on the JOB Parade, click here.



Thursday, December 6, 2012

Enter to WIN: Junior Orange Bowl Parade is on Sunday, December 30th

Calling all Kids!

Win a ride with Bentley the Bear and Grandstand Tickets to the Parade!   Just send us an email* with your parents’ permission to and tell us three things you like about living in Coral Gables. You can win a ride on Slesnick & Jochem’s entry to the parade with Bentley the Bear plus two grandstand tickets. The parade begins at 3 p.m. on Sunday, December 30th. For details about the parade itself, visit

*Email must include your name, email address, age and shirt size. Drawing is on Dec. 23rd. See the back page of the Miami Herald Neighbors on Sundays for updates on this contest.

Wednesday, December 5, 2012

Pending Home Sales Up , Highest in over Five Years

Florida Realtors reported that the nation is seeing the highest pending home sales figures in over five years. The data reflects activity in the market in the form of contracts (not closings). “The Pending Home Sales Index (PHSI) in the Northeast slipped 0.1% to 79.2 in October, but it’s 13.3% above a year ago. In the Midwest , the index jumped 15.6% to 104.4 in October, and is 20.0% above October 2011. In the West, it declined 1.1% in October to 105.7, but is still 0.9% above October 2011.
Pending home sales in the South rose 5.5% to an index of 117.3 in October, and that is 17.4% higher than a year ago."  Read more here.

Tuesday, December 4, 2012

Award-winning musical The Last Five Years - Actors' Playhouse at the Miracle Theatre

Featuring Broadway star Janet Dacal and Carbonell Award nominee Christopher A. Kent, The Last Five Years is a contemporary song-cycle musical that explores a five-year relationship between Jamie Wellerstein, a rising novelist, and Cathy Hiatt, a struggling actress. Funny and uplifting, the show captures some of the most heartbreaking and universally felt moments of modern romance, and promises to be an artistic treat for South Florida audiences.

December 5 - 30, 2012

Wednesday - Saturday at 8 p.m., Sunday at 2 p.m. A special weekday matinee is scheduled on Wednesday, December 12, 2012 at 2 p.m.

Tickets for preview nights are $35, weeknights and matinees are $40, and on Friday and Saturday evenings $48. The theatre offers a 10 percent senior discount rate the day of performance and $15 student rush tickets 15 minutes prior to curtain with identification. Discounts are based on availability and exclude Saturday and Sunday. Group discounted rates are offered for 15 or more through our group sales department.  To purchase tickets, call 305-444-9293 or visit

Actors’ Playhouse at the Miracle Theatre, 280 Miracle Mile, Coral Gables, Florida 33134

Monday, November 26, 2012

Greater Miami Chamber of Commerce is Accepting Applications for S. Florida “Good to Great” Awards

Lauren Smith, Charles (Chaz) Scurr, Bobbie Ibarra, Don Slesnick and Hector Vargas

Joe Hovancak, Comcast Business Class (South Florida Good to Great Awards Co-Chair), Phillis Oeters, Baptist Health South Florida (Greater Miami Chamber of Commerce Chair), Danette Gossett, Gossett Marketing (South Florida Good to Great Awards Co-Chair) and Barry Johnson (Greater Miami Chamber of Commerce President & CEO)

On Monday, November 12th, the Greater Miami Chamber of Commerce kicked off their South Florida “Good to Great” Awards application process with a luncheon onboard the Norwegian Sky cruise ship honoring the past 31 winners. BankUnited is the proud sponsor of the awards which celebrates those businesses that have demonstrated success in our community. Applications are now available from the Greater Miami Chamber of Commerce and open to all for-profit business. Nominations must be received by 5:00 p.m. on February 29, 2012. Don’t miss out on this great opportunity to be recognized!

SOUTHCOM Change of Command Presided over by Defense Secretary Panetta and Veteran's Day Ceremony at Jungle Island

General Douglas Fraser, U.S. Southern Command, giving the keynote address at the Jungle Island Veteran's Day event. 
 U.S. Secretary of Defense Leon Panetta, Chairman of the Joint Chiefs of Staff Army General Martin Dempsey, incoming SOUTHCOM Commander Gen. John Kelly and outgoing SOUTHCOM Commander Gen. Douglas Fraser at Change of Command Ceremony on November 19, 2012.
General Douglas Fraser of the Southern Command is retiring after nearly 40 years of service to the United States Air Force. At a Veteran's Day celebration held at Jungle Island in Miami, the General was recognized along with other veterans for their outstanding dedication to protecting our country.  
Last week, Gen. Fraser was also honored by United States Secretary of Defense Leon E. Panetta, who commended his accomplishments in leading SOUTHCOM. Secretary Panetta described the General's notable efforts to provide humanitarian assistance and disaster relief to Haiti after the earthquake in 2010, among other great acts of compassion. As Gen. Fraser retired, he handed over command to Marine Corps Gen. John F. Kelly who was promoted to four-star general by the defense secretary prior to the SOUTHCOM change of command ceremony.

Tuesday, November 13, 2012

Foreign Real Estate Agents are Still Eyeing Miami’s Recovering Housing Market

The Miami Association of Realtors held a conference last week at the Biltmore called the Miami International Real Estate Congress where 250 agents from the United States and ten foreign countries joined together to network and discuss the Miami/Miami Beach residential markets. These remain highly sought-after cities for international buyers and investors. The Association reported that the largest amount of foreign real estate purchases here are from Venezuelans, followed by Argentinians and Brazilians. Generally this is because prices are still better in Miami than in those countries' markets. Latin Americans account for about 70% of the international real estate transactions in Miami and Miami Beach (Western Europeans 18%).

Thursday, November 8, 2012

Miami-Dade Real Estate Inventory is Moving Fast

Read the article from Miami Today where Ron Shuffield is quoted as well as Mike Pappas. However, we are seeing an uptick again in the Gables and I think it will continue through February...Click link to see article:

I Am So Proud of this Award, I Wanted to Share it with All of You

2013 Spectrum Award Honorees from left to right:  Marina Bryant, Julie Grimes, Kathryn Q. Mikesell, Janelle Patty, Patricia Robbins, Penny Shaffer, Olga M. Ramudo, Jeannett Slesnick, Sabrina Cohen, Mary Young. 
 Press Release:  American Red Cross Member Jeannett Slesnick to be Honored with the 2013 Spectrum Award in March

(Coral Gables, Fla.) … At a fundraising reception last month at Merrick Park's Jimmy Choo boutique, the Local chapter of the American Red Cross presented 11 outstanding women leaders who will be receiving the 2013 Sara Hopkins Woodruff Spectrum Awards for Women during a luncheon on March 5th at the InterContinental Miami Hotel. Among the extraordinary women being honored by the American Red Cross is Jeannett Slesnick, founding partner in the real estate firm Slesnick & Jochem, LLP, an experienced realtor and broker with more than 30 years in the business and a tireless community volunteer. She will be given one of the highest honors, the Rosalind Ludwig Chairmen’s Award, for the broad scope of service and impact she has had on the community of Coral Gables and beyond. Spectrum Award Honorees serve as exceptional examples of the humanitarian principles of the American Red Cross. 

The 2013 Sara Hopkins Woodruff Spectrum Award for Women honorees are: 

Rosalind Ludwig Chairmen's Award
Jeannett Slesnick

BlueCross BlueShield of Florida Philanthropy Award
Irene Korge

Cervera Real Estate Ambassador Award
Penny Shaffer

Bank of America Cultural Award
Kathryn Q. Mikesell

J. N. McArthur Foundation Education Award
Mary Young

Mercantil Commercebank Entrepreneurial Award
Olga M. Ramudo

Baptist Health South Florida Healthcare Award
Sabrina Cohen

Greater Miami & The Beaches Hotel Association Hospitality Award
Julie Grimes

The Ethel and W. George Kennedy Family Foundation Volunteerism Award
Patricia Robbins

Barbara Nelson Red Cross Service Award
Janelle J. Patty

Swanee and Paul DiMare Youth Award
Marina Bryant

# # #

About Slesnick & Jochem, LLP:
Jeannett Slesnick and Ginger Jochem joined in a partnership in 2011 forming Slesnick & Jochem, LLP after having worked together in the firm Jeannett founded in 2005, Slesnick & Associates. Together they are approaching $1 billion in sales for a total of 50+ years of experience. About Jeannett Slesnick, Realtor, Broker, Owner: “Coral Gables has been my adopted hometown since my husband returned from Vietnam in 1972. For more than 20 years, I have achieved record-setting production as the top agent for the number of homes listed and sold in the Gables. I worked at Kerdyk Realty, EWM, then opened Slesnick & Associates. I am pleased to partner with Ginger to offer personalized service and support.” Slesnick & Jochem, LLP • 2701 Ponce De Leon Blvd, Ste. 200, Coral Gables, FL 33134. • • Telephone: (305) 305.446.2001.

About the American Red Cross:
To purchase seats for the March 5 luncheon, or for more information on the Spectrum Awards, please contact Kenia Tedesco at 305 728-2512 or by e-mail at The American Red Cross shelters, feeds and provide emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please or join our blog at

Tuesday, October 30, 2012

Real Estate Market Update

Approaching housing boom...We have been saying that housing prices in the Gables have been creeping upward, a good sign of a recovering market. Now Florida Realtors reports that economists predict a new national housing boom by 2015, with prices rising by 5% to 7.5% per year and home construction by 20% per year.

Coral Gables Community Foundation Gala

The Club Monaco fundraising gala at the Coral Gables Country Club honored distinguished citizens for their service to our home town. With Bacardi USA as the presenting sponsor, guests enjoyed dinner, auctions and casino-style entertainment.
Photos by Alberto Romeu. Foundation Chair-Elect Carlos Garcia with education awardee Joyce Elam. Janice, Jack and former Gables Mayor Dorothy Thomson. Gala Co-chair Marielena Villamil and Tony Rogers. Jason Neal, Past Chair Jerry Santeiro and Gala Co-Chair John Allen.

Junior League Reception

The Sustainers gathered to celebrate achieving the $1 million fundraising goal for the Junior League of Miami Foundation. Among the attendees were Jowanda Peterson, Cathy Zuckerman Dee, and Ginger Jochem, pictured at right.

Women’s Chamber of Commerce Luncheon

The event, held at at Fleming’s Steakhouse on Ponce de Leon, featured a wonderful speaker who gave tips on “Art of Attraction” networking skills. 
Photo of audience by SnapHappy Photos.

Coral Gables Garden Club

Barbara Reese and Marie Vaca (pictured at right), are chairpersons of the annual Holiday Home Tour of the Coral Gables Garden Club which raises money to restore majestic Gables entrances and for scholarships. This year's tour takes place on December 9, 2012 from 1:00 to 4:00 p.m. For tickets or information contact  Visit their website for details.

Junior Orange Bowl (JOB) Festival Kick-Off Celebration

Photo by Mitchell Zachs. The JOB’s Past Presidents
with Mayors Gimenez and Cason.
Miami-Dade County Mayor Carlos A. Gimenez presented a proclamation at the kick-off event held at the Biltmore Hotel, naming that day, September 18, 2012, Junior Orange Bowl 64th Anniversary Day. The “Sailing to New Adventures!” JOB Parade is on Sunday, December 30, 2012. Call 305-662-1210 for details.

Miami Children's Hospital Run/Walk Raises $450,000+

More than 3,500 runners and walkers attended the Hyundai Hope On Wheels 2nd Annual 5K which began in front of Coral Gables City Hall. The event doubled last year’s fundraising. Lucy Morillo-Agnetti, Miami Children’s Hospital Foundation President & CEO, said “the outpouring of support from both our community and employees makes it possible for us to... provide the highest level of care to the children.”

Thursday, October 4, 2012

Welcome to Our Team...

Mia Patch
Licensed Realtor

Mia Patch is a marketing and sales executive with more than 20 years of experience in the Florida and Colorado real estate markets. Slesnick & Jochem now brings our expertise to Coconut Grove, Brickell, Key Biscayne and Downtown Miami, in addition to Coral Gables where we have consistently been #1 in the number of homes listed and sold. Welcome, Mia!

$2-3 Million Dollar Homes Interesting Sales Data

51 listings are actively for sale in the market in Coral Gables and Coconut Grove in this price range.  28 went under contract or sold in the last 12 months; of these, 21 are on navigable water. In the Gables and the Grove, the average price per sq.ft. over the last 12 months is almost $430, and $450 per sq.ft. for those listings on the water. 

Friday, September 21, 2012

Owning a Home 45% Cheaper than Renting

The real estate search engine Trulia says it is now on average 45% less expensive to buy than to rent a home. Trulia conducted a study called the Summer 2012 Rent vs. Buy Report in 100 American cities. While the buy-versus-rent savings varied greatly among the cities, buying was the best choice in all 100 markets. To conduct the study, Trulia looked at the homes for sale and rent on its own site between June 1 and Aug. 31, 2012. One Florida metro area made the top five list for home buying affordability. According to Trulia, the monthly cost of homeownership in Lakeland-Winter Haven is $495, while the cost of renting is $1,276 – a 61% ($781) savings for those who choose to buy rather than rent.

Tuesday, September 18, 2012

Richman Greer Moves to Coral Gables from Downtown Miami

As it celebrated its 50th anniversary, the law firm moved from Downtown Miami to 396 Alhambra (built by developer Agave Holdings LLC). Many of the firm’s attorneys are Gables residents who are very involved in the community.
Pictured: Attorneys Gregory Cesarano and Charles Johnson. Guests Melissa Tolmach, Jennie Lou and Attorney Ben Reid.


Movie Night at the Coral Gables Cinema

The Coral Gables Art Cinema held a founders' night private preview of Arbitrage, a film about high-stakes finance and corruption starring Richard Gere & Susan Sarandon.
Pictured: (top right) Cinema President Steve Krams with wife Midge. (bottom right) Ginger Jochem and Dolly McIntyre (two of the Cinema’s Founders). (left) Maritza & Bob Jacobson (Board member).

VIDEO: Today Show's Barbara Corcoran About Low Home Appraisals

The Today Show's real estate expert Barbara Corcoran explains how low home appraisals are causing frustration and disappointment for buyers and sellers and she offers advice about how to avoid them.

Friday, September 14, 2012

Please read about Kid Care below. David Lawrence is a friend of mine and Ginger and I constantly promote children's reading programs as well as have our annual book drive. 
Here’s the good news: Already, more than half of the 10 communities participating in Reading Pals have launched with hundreds of trained volunteers heading for classrooms to read with children. Meanwhile, many other volunteers are signing up to help with a statewide health care outreach initiative. (For one example, 22 volunteers were trained this week in Miami to go into communities and enroll children in KidCare). Moreover, via our partnership with TurboVote, hundreds of Floridians are registering to vote.
Working together, we have the power within us to build something that hasn’t been built before – that is, a movement for all children. Your support fuels this work and inspires me. (To make a contribution of any size – fully tax-deductible – just click here.)
Thank you.
Dave Lawrence
The Children’s Movement

Thursday, September 13, 2012

Jr. Orange Bowl 2012 Festival Kickoff: Sept 18th, 2012

Hello Friends....have an interest in international tennis or golf? Do you have children that may want to be in the JOB parade? Want to volunteer or help sponsor one of the fifteen events? Stop by the cocktail party Tuesday at the Biltmore and meet some of the people involved in one of the largest youth festivals in the US. See invitation below...

Tuesday, September 11, 2012

Homebuyers' Frustration with Low Inventory

Late last month, Redfin released a quarterly survey of homebuyer attitudes that included answers from almost 1,000 home shoppers in 19 cities...It appears buyers are frustrated by having to bid  against other buyers on homes, since inventory is low in some markets.  People are having to compete for properties and 70% of buyers said they’d encountered multiple-bid scenarios. The survey ran from August 16-22.

Interesting survey findings:
·         46% believe now is a good time to buy, down from 56% in the first quarter
·         32% believe now is a good time to sell, up from 13% during the first quarter
·         61% believe prices will increase, up from 32% during the first quarter

Friday, August 31, 2012

Letter from the Seller...

2845 Granada Sold in 2 Days
"The service and personal attention we received from Slesnick and Jochem, LLP was exceptional. Jeannett and Ginger are truly a high-caliber, high-energy team. Their knowledge of the local real estate market and their brilliant advertising approach helped us in selling our home. They recommended changes we should make to enhance the appeal to a buyer. We implemented every suggestion even though there was expense involved. We are very happy we did. Our home sold almost immediately for a price higher than we ever expected. This is not our first experience utilizing the expertise of Jeannett Slesnick and GingerJochem. They helped sell our previous home and find the home we just recently sold. In each case the results were outstanding."

--written by Frank Ackermann and Julie Stroh

Wednesday, August 29, 2012

51% of International Home Sales Take Place in Four States

Out of the four states where 51% of foreign buyers purchase homes - Florida, California, Texas and Arizona - Florida has the largest share at 26%. This data stems from a study conducted from June 2011 to June 2012. Read the complete report online at Florida Realtors’ website: Profile of International Home Buyers in Florida 2012.

Excerpts from the report:
• 82% of international sales were cash transactions.
• The median price paid by international buyers was $194,700 compared to an overall Florida median price of $125,100 and a U.S. median price of $167,758.
• Canadian buyers tended to buy in the lower price range; European and Latin American buyers bought at a higher price range.
• Condos account for 45% of properties, townhouses 10% and detached single-family homes 36% .

Thursday, August 16, 2012

Actors' Playhouse Wins Prestigious Award

Photos courtesy of Actors’ Playhouse at the Miracle Theatre.
1. Actors’ Playhouse moved into the historic Miracle Theatre in 1995. Photo by Diego Pocovi.
2. (L to R from back row) Actors’ Playhouse Founding Chairman Dr. Lawrence E. Stein, former City of Coral Gables Mayor Don Slesnick, Actors’ Playhouse Executive Producing Director Barbara S. Stein, President & CEO of the Coral Gables Chamber of Commerce Mark A. Trowbridge, RenĂ© I. Basulto of Basulto & Associates, Inc, Douglas Wood of Douglas Wood Associates, Inc., Actors’ Playhouse Artistic Director David Arisco, former City of Coral Gables Mayor Dorothy Thompson, Chairman of the Coral Gables Chamber of Commerce Drew Kern, Jeannett Slesnick of Slesnick & Jochem, LLP, John P. Fullerton of Fullerton Diaz Architects, and Coral Gables City Manager Pat Salerno. Photo by Alberto Romeu Photography.
Actors’ Playhouse at the Miracle Theatre was honored with the City Beautiful Award for Outstanding Historic Preservation, presented by the Coral Gables Chamber of Commerce today. The award celebrates the most outstanding examples of architectural achievement among commercial properties in the Gables. Don’t miss Godspell which runs October 10-November 4. 305-444-9293.

Real Estate Market Update: Inventory Drops Again in Coral Gables

On the MLX, there are only 250 homes for sale in Coral Gables and just 97 of these are under $1M.
• The median single-family home price as of June is $190,100, according to the National Association of Realtors. The high was $230,900 in July 2006.
• The average 30-year fixed-rate mortgage rate is 3.59%, according to Freddie Mac, slightly above the all-time low of 3.49% last month.
• The average cost to close on a mortgage fell 7% over the past year, according to

Check back with us often.

Monday, August 6, 2012

Real Estate Market Update...

As of last week...
  • Inventory of Single Family Homes in Coral Gables is down to 271.
  • Freddie Mac said about record low 30-year mortgage loan rates:  30-year rate fell last week from 3.53% to 3.49%. It was just over 4.5% one year ago.

Wednesday, July 25, 2012

Miami is Number One Among Top 10 Cities Searched by Foreign Buyers

Florida Realtors reported yesterday that Trulia performed an assessment of the number of foreign buyers that accessed their website to search for a home in the U.S. and it seems foreigners are dropping off as home prices rebound. However, international investors remain interested in U.S. real estate primarily in Florida. Trulia listed the top 10 cities searched by foreign buyers through its website, and six are in Florida:
1. Miami (15.7% of the Miami searches done through Trulia were by foreigners)
2. Los Angeles
3. Fort Lauderdale
4. Lakeland-Winter Haven
5. Orlando
6. West Palm Beach
7. Cape Coral-Fort Myers

8. Honolulu
9. San Francisco
10. Las Vegas

Home searches by foreigners on Trulia are regularly from Canada, the United Kingdom, Germany and Australia. On this real estate blog, Jeannett’s Journal, foreign readers are mainly from Russia, Slovenia, Canada and Germany, and make up 5% of our total blog visitors. At Slesnick & Jochem, we specialize in properties for sale in the Coral Gables/Miami area and often work with foreign buyers.

Thursday, July 19, 2012

Coral Gables Real Estate Market Update

-- Inventory in this sought-after neighborhood is down to 252 active listings on the MLS, so do not delay in purchasing your next property. --

Wednesday, July 11, 2012

First-Time Homebuyers Face Competition

First-time homebuyers are struggling to buy in this recovering real estate market, the Sun Sentinel reported last week. Although prices are affordable and mortgage interest rates are at an all-time low, first-timers are facing competition from banks who have tightened lending requirements and investors who are cash buyers.

Sellers prefer cash or even buyers that have pre-approved conventional loans because they are weary of FHA loan transactions. Even when these first-time buyers put down offers on a home over the list price, they often lose it to cash buyers. Today’s first-time buyers also face a shortage of available homes.

First-time buyers accounted for roughly a third of all home sales nationwide in May, according to the National Association of Realtors. Ideally, the percentage should be 40 percent or more, said Walter Molony, a spokesman for the Realtor trade group. It is conventionally first-time buyers that stimulate confidence in the real estate market.
To compete in a tight market, first-time buyers should be pre-approved by a lender for a specific mortgage amount so they can act quickly the moment a home is listed for sale, real estate agents say.  Read the full article at:

Saturday, June 30, 2012

Another Positive Report on the Housing Market

The New York Times reported this week that evidence is showing a recovery in the housing market. This is due to reports that prices are going up…and so are sales. Builders are constructing again. Homes are also being sold for asking price and sometimes above asking. Although the article says this is a positive movement, it says it will be slow. Many Americans are still in default of their loans, and owe more than their home is worth, making it impossible to sell. But the positive, upward trend is evident in the data:

·         S.&P./Case-Shiller index reported earlier this week that sales prices for existing homes rose in April for the first time this year.
·         National Association of Realtors said Wednesday that pending home sales climbed to the highest level since the end of a federal tax credit for first-time buyers in September 2010.
·         The influx of investors is a major reason that the market is looking stronger. 
·          “Shadow inventory” is not distributed uniformly, according to a new analysis by Goldman Sachs.
·         Inventory has been falling for more than a year, according to the National Association of Realtors.
Read the full article at:

Thursday, June 28, 2012

Bacardi USA, the City of Coral Gables and the Biltmore Partner to Resurrect July 4th...

The City of Coral Gables, Bacardi U.S.A., Inc. and the Biltmore Hotel together with the Coral Gables Chamber of Commerce, the University of Miami, Doctor’s Hospital and Waste Management, Inc. bring the fireworks back to Coral Gables (event last held in 2006). As Bacardi celebrates 150 years, they are “... proud to be involved with this Independence Day event,” said Mr. Whitmoyer, Bacardi Vice President. Event includes a Greater Miami Symphonic Band concert, concessions, and more.
For VIP Cabanas and special hotel room rates, call (305) 913-3246 ext. 2387 or email
Wednesday, July 4th
Free Admission to Grounds and Parking
Biltmore Hotel, 1200 Anastasia Ave.
Concert at 7 p.m., Fireworks at 9 p.m.
Call 305-446-6800

Monday, June 25, 2012

Peter Dolara of American Airlines Honored at the Biltmore

Business and civic leaders from around Miami and South Florida joined last week at the Biltmore Hotel to honor Peter Dolara for his service to the South Florida community as Vice President of American Airlines. Mr. Dolara, who joined the airline in 1963, will retire handing over the Vice President post to Art Torno. American Airlines has about 9,000 employees in South Florida and more than 300 flights a day, up from just 18 flights in 1989 when Mr. Dolara took the helm. Pictured: Art Torno, Miami International Airport Director Jose Abreu (receiving Eagle Award) and Peter Dolara.

Thursday, June 21, 2012

Women's Chamber of Commerce of Miami-Dade Holds a President's Reception

Region’s Bank hosted the Chamber in Coral Gables at a well-attended reception on June 14th.  Members and their guests enjoyed refreshments and connected with other members of the community. Pictured: Women's Chamber of Commerce of Miami-Dade County President-Elect Nordis Alvarez and President Suzanne Wheatley. County Court Judge Candidate Ivonne Cuesta, Ann Bloom and Jan Cheezem of Cohen-Fox, P.A. (sponsor). Women's Chamber of Commerce of Miami-Dade County Past Presidents Barbara Riesberg, Lisa McGill and Gayle Bainbridge. Circuit Court Judge Candidate Maria Santovenia, Realtor Jeannett Slesnick, Miami-Dade Court Judge Candidate Michelle Alvarez Barakat and Rena Fraser, wife of Southcom’s General Douglas Fraser.

Monday, June 18, 2012

Did you read the Miami Herald Business Monday cover story this week?

We have been touting the same information for the past 12 months: Inventory is down to the lowest levels we’ve seen in 6 years. Coral Gables, prices are creeping up for homes listed under $1M. The total number of homes for sale under $1M has dropped to about 39% of the C.G. inventory. Lately, the average list price has equaled the average sales price. In fact, the last 5 homes that Slesnick & Jochem sold between $475,000 and $775,000 went under contract within a week and sold for asking price or up to 7% over asking. None of these were short sales or foreclosures. We typically get multiple offers because our properties are fairly priced.

Thursday, June 14, 2012

Real Estate Update: Drop in Inventory of Homes for Sale

The amount of homes on the market is continuing to decline from a year ago. From May 2011 to May 2012, according to data from, most metropolitan cities’ single family homes inventory fell while prices continued to rise, indicating a real estate upward-bound recovery.

Some Florida markets where inventories have dropped are –

·        Tampa-St. Petersburg-Clearwater, Fla.:   -39.76 %

·        Miami-Dade County, Fla.:  -33%

·        Coral Gables, Fla.:  -29.6%

Prices rose in Coral Gables by 7.9% and in Miami-Dade County by 12.9%.

Visit Slesnick &Jochem for available MLS listings.