events and real estate news for this week

* Burger, Beer & Meatball Bash
Saturday, Aug 4 4:00p to 10:00p
at The Miami Circle™, Miami, FL
Age Suitability: None Specified
Tags: taste of brickell
Celebrating Miami Spice Month - Burger, Beer & Meatball Bash in Brickell at the Miami Circle which is located at the mouth of the Miami River and Downtown Miami, behind the Icon at Brickell on Biscayne Bay. Over 30 meatball and burger samples to choose from & unlimited craft beer tasting. Event 4pm to 10pm. After party begins at 10pm at Club 50

*Coconut Grove Pumpkin Patch Festival
Saturday, Sep 29 10:00a to 6:00p
at Peacock Park - Coconut Grove, Miami, FL
Price: Adults $10.00 Kids $5.00
Phone: (954) 916-7946
Age Suitability: All Ages
Tags: rides, community, kids, festival, food, shopping, performances, fun, pumpkin patch, miami, coconut grove
South Florida families, join us for a wonderFALL autumn celebration – The Coconut Grove Pumpkin Patch Festival! This 2-day festival will feature a variety of fun activities and rides for the whole family. Come hungry, as there will also be a Foodie Feast area serving breakfast, lunch and snacks throughout the day! And don’t worry about bringing a camera, we’ll have a professional photography station set up at the Pumpkin Patch to capture memories of your fun-filled day with the whole family!

*Mary Brickell Village Sunday Market
Sunday, July 29 10:00a to 5:00p
at Mary Brickell Village, Miami, FL
Price: Free
Phone: (305) 531-0038
Age Suitability: All Ages
Tags: crafts, art
Year round Sunday market features handmade crafts, art, jewelry and orchids

*Wine by the Bay Presents "Great Wines of Italy"
Thursday, July 26 7:00p to 8:30p
at Wine by the Bay, Miami, FL
Price: $20
Phone: (305) 455-9791
Age Suitability: Senior Citizens
Tags: wine tastings downtown miami
If you’ve been curious about trying something otheTHE event for you. RSVP is required to info@winebtb.com or

*Nestor Torres to Perform and Introduce New Musical Acts to Wynwood Kitchen & Bar Weekly Music Series
Thursday, July 26 7:30p
at Wynwood Kitchen and Bar, Miami, FL
Phone: (305) 722-8959
Age Suitability: None Specified
Tags: There are no tags.
As part of Wynwood Kitchen & Bar's music series, curated by Grammy Award-winning jazz flautist Nestor Torres, musical talent Taylor Vega will be performing Thursday, July 26 at 7:30 p.m.

The series continues through the summer and until further notice. All performances begin at 7:30 p.m

Real Estate News and Recent Sales

* Miami-Dade and Broward home prices rose in June
By Martha Brannigan The Miami Herald
With inventory tight, median prices of single-family homes and condos rose in Miami-Dade and Broward in June, reflecting an improving market. One big uncertainty: looming foreclosures.

The median price of an existing single-family home in Miami-Dade rose 5 percent in June to $194,250 from a year earlier, marking the seventh consecutive month of year-over-year price increases, the Miami Association of Realtors said.
Miami-Dade condos were the hottest items, with the median price of an existing condo spiking 34 percent in June to $160,000 from a year earlier amid a dramatic 29 percent drop in the inventory of residential units listed for sale, the group said.
The number of single-family homes sold in Miami-Dade dipped 1.8 percent in June from a year earlier, reflecting the scarcity of listings, but condo sales increased 4 percent over that period

Rising prices
Existing home prices rose in Miami-Dade and Broward in June from year ago.
June 2012
MIAMI-DADE BROWARD
Median price single family $194,250 (+5 percent) $215,000 (+8 percent)
Condo $160,000 (+34 percent) $85,900 (+14.5 percent)
No. closed sales Single family 906 (-1.8 percent) 1,310 (+1.3 percent)
Condo 1,368 (+4 percent) 1,485 (-4.4 percent)
Source: Miami Association of Realtors and Greater Fort Lauderdale Realtors.

*Wells Fargo pays $175 million to settle lending discrimination case
By Martha Brannigan The Miami Herald

Wells Fargo agreed to pay $175 million to compensate minority borrowers who the Justice Department says were steered to pricier mortgages.
Wells Fargo Bank N.A. agreed to pay $175 million to settle Justice Department charges that the giant mortgage lender discriminated against African-American and Hispanic borrowers by steering them to subprime mortgages or other mortgages with higher fees and costs than those given to non-Hispanic white customers with similar credit quality.
About 4,100 Miami customers were victimized by the higher borrowing costs between 2004 and 2008, according to a civil suit filed in U.S. District Court in Washington, D.C. Among the 82 geographic markets in 36 states and the District of Columbia where unfair lending was identified, only Los Angeles had more minority customers discriminated against by the bank — some 4,500 — according to the suit, which was filed Thursday along with a proposed settlement that requires court approval.
About 4,000 African-American and Hispanic customers were discriminated against by improperly being steered to subprime mortgages and another 30,000 were hit with higher fees and rates than non-Hispanic white borrowers with similar credit profiles.

Read more here: http://www.miamiherald.com/2012/07/12/2893222/wells-fargo-pays-175-million-to.html#storylink=cpy

Recent Sales

*933 HARDEE RD
$680,000.00 ($0.00 ppsqft)
Buyer: ACOSTA, ENRIQUE
Assessed value: $744,063.00
Recording date: 03/07/2012
Distance: 596 feet
Seller: QUITIAN, NUBIA
Beds/baths: 4/2
House square feet: 3,942

*10301 SW 117 AVE
$293,000.00 ($0.00 ppsqft)
Buyer: PERNUDI, KIMBERLY S
Assessed value: $291,713.00
Recording date: 03/27/2012
Distance: 2.6 miles
Seller: VELEZ, MARIO
Beds/baths: 3/2
House square feet: 2,490

*1010 ANDORA AVE
$700,000.00
Buyer: TORKINGTON, DAVID &W
Assessed value: $573,509.00
Recording date: 04/09/2012
Distance: 0.3 miles
Seller: BLANCO, FERNANDO J
Beds/baths: 3/2
House square feet: 2,257


Ihope you have enjoyed the information.

See you next week!!!!!