Aug 31, 2012 | FORECLOSURES/SHORT SALES, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, SELLER'S ADVICE
In the past decade inventory of single-family homes hit it’s lowest point back in April 2005 – with only 2,778 properties listed for sale in Miami-Dade. That number skyrocketed to 17,070 three years later – in July 2008. And then the numbers began...
Aug 30, 2012 | FORECLOSURES/SHORT SALES, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
Condos sales declined 9% over the past year in Miami-Dade … Inventory is down by 30%. That said though, interestingly enough, condos selling between $300,000 and $999,999 have shown a 32% increase … (Spring 2011 through Spring 2012). And in the $1...
Aug 9, 2012 | IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
Miami’s Real Estate Market is increasingly a source of frustration – for many home buyers. Inventory continues to drop, meaning that there is less in the way of options for many of the buyers who are looking right now… and who have the resources to...
Jul 31, 2012 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
We were in Key West for a few days earlier this summer, and I was struck by the number of different languages we overheard, just strolling the length of Duval Street … Most were international visitors/ tourists but some were ‘International...
Jul 17, 2012 | BUYER'S ADVICE, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
With our markedly diminished “inventory” of homes available for sale in Miami … buyers find themselves (more often than they’d like!) bidding against one another for real estate. Unless your offer is trumped by another bidder, or you are...
Jun 26, 2012 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, MORTGAGE & FINANCING, SELLER'S ADVICE
Whether you are buying or selling property, knowing what’s it’s worth, helps. Value is determined … 1) From an entirely emotional standpoint … (That would be the buyer who “falls in love and can’t live without”). 2) From an...
