Increase your property's value with shoreline restoration. Make your shore a usable waterfront and increase appeal as well as value...now is a good time to invest in your property's value.
Juiced by foreign buyers and investors, South Florida’s housing market registered strong gains in September.
Juiced by foreign buyers and investors, South Florida’s housing market registered strong gains in September.
The latest price and sales increases — mirroring a string of similar results in prior months — underscore a solid housing recovery for a region hard-hit by the real estate crash.
The median price of a single-family home in Miami-Dade County jumped 18.4 percent in September to $225,000 from $190,000 a year earlier, while the median condo price rose 21.3 percent year over year to $181,875 from $150,000, according to the Miami Association of Realtors.
In Broward, the median price for a single-family home jumped 31.7 percent in September to $270,000 from $205,000 a year earlier, and was up 18 percent to $104,999 from $89,000 for condos and townhouses year over year, according to the Greater Fort Lauderdale Realtors.
Sales of Miami-Dade single-family homes rose by 21.8 percent with 1,108 closings in September, up from 910 a year earlier, while Miami-Dade condo sales increased 4.6 percent to 1,352 closings from 1,292 a year earlier.
Miami-Dade — ground zero during the real estate bust — has now chalked up 27 consecutive months of year-over-year price increases for condominiums and 22 months of year-over-year price increases for single-family homes.
The housing market kept humming in Broward County, as well.
Sales of Broward single-family homes rose 13.4 percent in September to 1,211 from 1,068 a year earlier, and condo sales rose 6.6 percent to 1,252 units from 1,174 a year earlier.
“Everything is still trending up,” said Stephen B. McWilliam, president and broker at Florida StateRealty Group in Fort Lauderdale and immediate past president of the Greater Fort Lauderdale Realtors.
Cash continues to be king: 71 percent of Miami-Dade condo closings in September were cash deals.
“It’s putting a lot of strain on buyers with 5 percent or 10 percent down. They can’t have choices,” said Michael Davalos, an agent with Coldwell Banker in Miami Beach who just helped a buyer nail a deal on a foreclosed house after a protracted search.
Eric Schneider, a first-time homebuyer who was looking to put down 20 percent, said he made several offers in the past eight months that didn’t pan out before he finally clinched a foreclosed property in the Richmond Heights neighborhood. “Certainly, at times, there’s been a lot of competition,” said Schneider, who works in healthcare.
Inventory remained relatively tight in both counties during September, although the supply of Miami-Dade condos listed for sale jumped 20.5 percent to 8,970 units from 7,442 units a year earlier. That amounted to a 6.3-month supply, up from a 5.6-month supply in September 2012. Meanwhile, condos newly listed in Miami-Dade in September totaled 2,727, up from 2,212 a year earlier.
“It’s moving toward a more balanced market for condominiums,” said Lynda Fernandez, a spokeswoman for the Miami Realtors.
The inventory of Miami-Dade single-family homes rose 4.8 percent in September from a year earlier. With homes selling at a rapid clip, that amounted to just a 4.9-month supply in September, or 4.9 times the number of homes sold, down from a 5.6-month of supply a year earlier.
A supply of less than six months is typically regarded as a sellers’ market, in which sellers can call the shots and prices rise at a brisk pace.
Single-family homes in Miami-Dade took a median of 41 days to sell, compared with 42 days a year earlier.
In Broward, amid tight inventory and robust demand, the median period to sell a home was 27 days, down from 42 days in September 2012.
The number of homes listed for sale on the Multiple Listing Service in Broward in September was 4,737, up 0.9 percent from 4,693 a year earlier. That is just a 3.8-month supply, or 3.8 times as many homes on the market as were sold in a month, down from a 4.2-month supply a year earlier.
The inventory of condos for sale rose 9 percent to 6,430 from 5,901. But with units selling quickly, the supply inched up to 4.6 months in September from 4.4 months a year earlier. That is still a very tight supply.
Condos in Broward sold at a median pace of 36 days in September, down from 38 days a year earlier.
“We certainly have a shortage of inventory, which is leading to price increases,” said Philip Vias, a broker associate with Berkshire Hathaway HomeServices Florida Realty in Fort Lauderdale. Homebuyers are motivated, he said, as “they have seen the prices go up and the interest rates are so low.” It’s a great time to buy.”
While the year-over-year gains remain strong, both Miami-Dade and Broward sales softened from the peak summer month of August.
The median prices for both single-family homes and condos in Miami-Dade were down 4.3 percent in September from August. The volume of condo sales dropped 15 percent month-to-month, while single-family home sales were down 8.4 percent from August to September. “We think that year-over-year comparisons are more meaningful. There are fluctuations month-to-month,” Miami Realtors’ Fernandez said.
Compared with August, the median price of a Broward single-family home in September was essentially flat, while the median price of a condo fell 11 percent. Sales of condos were down 17 percent from 1,513 closings in August, and single-family home sales dropped 13 percent month to month, from 1,396 closings in August.
Read more here: http://www.miamiherald.com/2013/10/21/3702589/broward-existing-home-prices-and.html#storylink=cpy
Usable shoreline property increases your properties value and aesthetic curb appeal.
There is also the value of your personal use for your boat launch, fishing dock, jet-ski
launch and tie off, as well as outdoor entertaining with friends and family.
Shoreline erosion sluffs off the soil on your shoreline into your waterway contributing
to a shallow shore area causing weeds to choke out your access to the lake, pond or canal
reducing your recreation, boating, skiing and fishing opportunities. This is also an open
invitation to snakes and other unwanted aquatic pests.
To keep your properties lake, pond or canal’s shoreline useable and clear of weeds for
your outdoor recreational fun, like you envisioned when you purchased your property
or restore you shoreline to the way it was before erosion changed it's once admired condition.
Let American Shoreline Restoration give you some advice about improving your shoreline
property by using erosion restoration techniques to rebuild your shoreline and putting in place
erosion control barriers to keep your property from reverting back to an eroded condition for years
Our shoreline restoration technique involves recycling sand and organic material from the adjacent body of water. This removes the need to bring in costly material and the potential of damage caused by heavy equipment. Once the shoreline has been completely restored any type of foliage can be planted and it can be safely walked on or driven on by machinery. Our Erosion Control experts will design and create the perfect landscape that you desire!
Every year, erosion causes millions of dollars worth of damage to the shorelines of public and private properties. Without adequate protection, this degrading land can cause very significant and costly damage. So please browse our site and learn about how Erosion Restoration can restore your properties natural charm and prevent further erosion.
What are the advantages and disadvantages of rip rap?
The main disadvantages are that it costs a lot for the boulders ( rip rap) to be transported!
Other Disadvantages of rip rap are;
- Questionable aesthetics--looks like rubble at first, later looks better, with more vegetation.
- It requires relatively large stones because of large storm flow. The larger the stones, the more problems for children and pets and the harder it is to fit into a narrow ravine.
- Too bulky for use in tight places. Cannot follow the twists and turns of some community HOA's needs. You could end up with a ravine partially filled in with stone. Dangerous in the first years for children, who can trip or twist ankles
- Placing rip rap of large stones may require large equipment that will damage the area
- The canal can sometimes become lower then the rip rap line making things look unplanned and hurting the shoreline aesthetics.
Let me explain this last point. The rip rap will be very porous, especially until all the spaces fill with sediment. Hence the water will flow underground more of the time. Children like to play in water and these rocks can be a hazard for the first 5-10 years.
Most of these features are impossible with rip rap so that's why I advise against rip rap in most housing developments. Rip rap and landscaping are incompatible in tight places.
The bulkiness of rip rap means the canal will have to be wider, causing more trees to be cut.
There is a better option, and a cheaper option, why choose to get the ugliest outcome. I can offer something much more attractive more competitively priced that poses no hazards and will not cause any damage to existing landscape. There is also a very obvious demarcation
of where rip rap starts and ends in individual property lines.
EROSION - ITS EFFECT ON SOIL PROPERTIES, PRODUCTIVITY AND PROFIT (Erosion of Lakes and shoreline article)
Almost all people recognize that erosion is harmful, but few realize how harmful.
Certainly, there are costs to society for clean-up and repair from soil as it depletes soil
quality and clogs storm water drainage systems . However, the greatest costs are borne by
the landowner and producer. Erosion results in higher fertilizer and fuel requirements, and
lower yields. The benefits of erosion control are sometimes obscure, but the costs of
erosion are real. Your Real Estate value you can be dramatically impacted by shoreline
Erosion reduces productivity by modifying soil properties and is more harmful to soils
that: 1) are shallow, 2) have poor quality sub-soils, and 3) do not have a thick topsoil.
Any combination of these characteristics greatly increases the damage from erosion. Deep
soils with more excellent subsoil properties are virtually unaffected by soil erosion. More
fertilizer would be required to replace the fertility loss, but the production potential
would change little, if any. However, most soils have some undesirable properties which
lower production, since erosion causes more subsoil to be incorporated into top layer.
Erosion removes organic materials found in topsoil, causing the subsoil to mix with the
remaining topsoil during annual planting. In immature soils (like many of those in
Florida), this subsoil material has more sand, and less organic matter, lower available
water-holding capacity and lower fertility status. Also, the soil structure is likely to be
coarser, less stable and subject to more damage by rainfall impact, tillage or traffic. As
more and more of the subsoil is mixed into the topsoil by tillage, it adds more and more of
these characteristics to the topsoil.
The sand content in the topsoil of two soils studied in Florida increased from 25 to 31
percent in soil and from developments with poor water run off planning 20 to 25 percent in
Northern Florid soil as a result of moderate erosion. This increased sand content also
increases fuel, chemical and fertilizer requirements for HOA's and Golf Courses.
Soil erosion removes the lighter and more easily dislodged particles. This means that
organic matter is one of the more easily eroded constituents. Moderate erosion of top
soil in Florida was found to have reduced the topsoil organic matter content from 1.7 to
1.5 percent. Soil density also increases with erosion. This increases problems associated
with tillage, tilth and seedbed preparation.
Plant Available Water
The most limiting factor for landscaping in Florida is probably water. Erosion usually
reduces the plant available water holding capacity of a soil. In a study of Florida
topsoil, the plant available water holding capacity decreased from 29 to 24 percent in the
loam soil and from 24 to 20 percent in the soil because of erosion.
Two things cause this reduction in plant available water holding capacity --a shallower
soil and more undesirable soil properties. As the sand increases and organic matter
decreases, the amount of water a soil can make available to the plant decreases. This is
probably the single most important effect of erosion on soil productivity.
Soil erosion removes the part of the soil which is usually richest in plant nutrients.
Erosion on soils which are highly fertile, naturally or by fertilizer addition, will result
in greater fertility losses. All nutrients are lost during erosion but the most
economically significant losses will probably be that of nitrogen, phosphorus, potassium
If the soil is naturally low in fertility, then erosion will cause a loss of the added
nutrients and increase the fertility requirements of the soil. Sandy soils usually low in
fertility, as current studies show, due to the effect of moderate erosion. Although a site
had been highly fertilized for years, erosion can cause difference in the fertility status
of the soil.
More fertilizer and lime would be required to raise and maintain the soil test when erosion
is allowed to occur. The greater the erosion, the more fertility that would be lost. It has
been estimated that the value of plant available nutrients lost from a highly fertile soil
in Florida could range from $3 to $14 per acre (considering fertilizer prices and a soil
loss of 14 tons per acre). It is difficult to put a real value on the soil nutrients lost
due to erosion. It depends on the soil fertility level and the availability of the
nutrients in the soil. Regardless, the loss can be considerable and should not be ignored.
Fortunately, the fertility can be replaced, but the cost must be recognized and taken into
A number of soil properties are affected by soil erosion. Fertility, organic matter,
rooting depth, soil tilth and available water holding capacity are reduced and soil texture
is changed. Collectively, these properties affect the yield potential of the soil. In most
cases, the potential productivity of the soil will be decreased as erosion occurs. The
yield decrease is usually so slight from year to year that the grounds keeper may not
realize that it is happening. Therefore, productivity loss due to soil erosion is usually
not considered to be a financial loss. As small annual losses accumulate with time, soil
fertility is substantially reduced.
Many of the soils in Florida have limited rooting volumes due to underlying fragipans,
shellrock or limestone. Loss of surface soil by erosion further decreases the already
limiting volume of soil favorable for root growth and available water storage. This can
cause many unfavorable situations with Home
Owners Associations and Green's Keepers, as well ac commercial property managers and
What could moderate erosion cost a producer over the period of a lifetime? It would depend
greatly on the soil and its fertility status, but it would not be unusual to lose 17 tons
of soil per acre per year from a poor drainage design of a subdivision or drainage canal
system. To maintain the soil in a high fertility status,
it might cost hundreds of dollars per foot in property value depreciation. In addition,
the annual loss in water front shoreline property could be much more devastating to your
investment per acre after several years of erosion. Again the losses could be exponentially
higher. Considering these two factors, the annual loss
is only one factor, ability to sell your property or even enjoy the use of it could be
Erosion reduces the productivity of many soils by affecting the soil properties and depth.
This reduction is substantial and long-lasting, and can not be reversed over a lifetime,
even with conservation management, low intensity use or high fertility amendments. The most
important yield-limiting effect of erosion is probably the decrease in plant available
water holding capacity. The soil fertility status may be significantly decreased by erosion
but can be replenished by additions of lime and fertilizer, although with greater expense
and lower efficiency than for un eroded soil. The overall effect of erosion is an economic
loss which accumulates