Jan 19, 2013 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
Congratulations to both buyers and sellers … What a roller coaster of a closing! Although this lovely home was featured on TV by Liz Caldwell as one of the three BEST deals in Miami for sale the week The Restivo Team listed it … (and although it went...
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...
Jun 1, 2012 | FORECLOSURES/SHORT SALES, IN THE NEWS, MIAMI REAL ESTATE
Surprisingly few homes right now … for sale … in Miami … are short sales and/or foreclosures … The numbers of distressed properties listed in the Multiple Listing Services (MLS) have dropped. In Pinecrest, of the 144 single family homes...
Mar 16, 2012 | BUYER'S ADVICE, FORECLOSURES/SHORT SALES, IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Well, if you’re reading any of John R. Talbot’s books , he has it pretty much spelled out: Here are the titles : 2003: “The Coming Crash in Housing Market” 2006: “Sell Now! End of the Housing Bubble” 2012: And now he is quoted...
Mar 7, 2012 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
The people who like short sales are those with patience … because they are the people who get the short sales. Short sales can take up to 6 or 8 months to close … even today … and there are NO guarantees whatsoever that any one given short...
