Jan 24, 2012 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
European buyers are divided almost evenly between those wanting a condo and those wanting a single family home. 47% of Western European real estate acquisitions in Florida are for single family homes. 41% are for condos … with a handful looking for townhouses....
Dec 20, 2011 | BUYER'S ADVICE, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
The average 30-year mortgage rate is tied with the lowest rate on record- 3.94%, a record set in October. This means it’s a great time to refinance your current home or to purchase a new one. Rates in 2011 have been under 5% all year, with the exception of two...
Dec 15, 2011 | BUYER'S ADVICE, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
With so many people looking to rent or lease now, the opportunity is ripe for investors. Over 50% of all residential real estate purchases in South Florida are cash transactions… And, by buying in cash, and not paying a mortgage, you may well be looking at...
Nov 9, 2011 | BUYER'S ADVICE, GUEST CONTRIBUTORS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
The top two destinations for foreign buyers this year … in Florida… are: 1) Miami and Miami Beach … as well as 2) Fort Lauderdale Ranked TOP 2 in 2011, we expect them to be TOP 2 again in 2012. Each are resort destinations … home...
Nov 4, 2011 | GOOD DEALS & WHAT'S SELLING, IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
I just got off the phone – I’ve had a number of similar inquiries recently, from homeowners asking if now a good time to list (and sell) … or whether they should wait until after the first of the year. That question about ‘When to...
Nov 3, 2011 | BUYER'S ADVICE, ITALIANO (CASA A MIAMI), MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
With interest rates below 4% right now – 91 % of all home purchases in the U.S. are at least partially financed – according to the NAR’s 2010 statistics. That’s interesting because international buyers tend to pay cash and they certainly...
