Sep 19, 2013 | IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
The Restivo Report – Second quarter 2013 – Coral Gables: “Single family homes in Coral Gables are selling for $366.87 per square foot (Average Sold Price) over the first and second quarters of 2013. Most are selling within 5-10% of the original...
Sep 12, 2013 | IN THE NEWS
Many homeowners across the nation have been underwater in their mortgage. In fact, 10.7 million of them owe at least 25% more than their properties are worth, according to Realty Trac’s US Home Equity & Underwater Rpoert for 2013. Still, 8.3 million...
Sep 11, 2013 | IN THE NEWS
It’s been 12 years since America experienced the worst tragedy of our time, and I will never forget that day. I was in my high school Italian class here in Miami when we heard the news and I’ll never forget the feeling of shock, sadness and utter...
Aug 21, 2013 | BUYER'S ADVICE, IN THE NEWS
With a limited number of homes for sale and a lot of demand for those homes, the rental market in Miami has risen. According to a study by the National Housing Conference and the Center for Housing Policy, rental rates are rising, sometimes exceeding the cost of a...
Jul 24, 2013 | BUYER'S ADVICE, IN THE NEWS, REAL ESTATE NEWS
In a new study, it seems that Millennia’s are more confident than any other age group about purchasing a home being a good investment. The Millenia generation consists of Generation X – those born between 1965 and 1969, and Generation Y- those born between...
Jul 18, 2013 | BUYER'S ADVICE, IN THE NEWS, MIAMI MARKET CONDITIONS
The average rate on a 30-year fixed mortgage rose to a 2 year high this week, to 4.51 %. Rates have been rising steadily this year. Two months ago, the rate was 3.35% and 4.25% just last week. The average 15-year fixed mortgage rose from 3.39% last week to 3.53% this...
