May 30, 2013 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, MORTGAGE & FINANCING, REAL ESTATE NEWS
Why are appraisals no longer derailing real estate transactions? In South Florida there seem to be two reasons: 1) Appraisals are coming in higher now than they have been in the past few years. 2) Even when appraisals come in below contract price, buyers seem to...
May 23, 2013 | BUYER'S ADVICE, HOME MAINTENANCE & REPAIRS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
The National Association of Realtors indicates home values are on the rise… with home prices up by 11.6%. Sales prices are rising… as inventory drops. Vacant lots that were listed for sale years back (then taken off the market during the housing crisis:...
Feb 19, 2013 | BUYER'S ADVICE, MIAMI REAL ESTATE
Giving up Miami, Florida … contemplating relocating somewhere on the West Coast (“Pacific Ocean” … “Southern California” … beach front community) … clients of ours flew across country for a look/see … ...
Nov 27, 2012 | BUYER'S ADVICE, GUEST CONTRIBUTORS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, MORTGAGE & FINANCING, REAL ESTATE NEWS
Written by contributing author, Philip Spool, ASA … part of a 4 part series… “Why Appraisals and Contract Prices Don’t Mesh .. Current Appraisal Dilemma”: “Those appraisers that are still in business...
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...
