Mar 14, 2012 | IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
According to the National Association of Realtors® (NAR) a new real estate tax will go into effect in 2013. The fact is that this capital gains tax of 3.8% will impact relatively few sellers. First of all, it targets home sellers with high annual incomes...
Mar 12, 2012 | IN THE NEWS, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS, SELLER'S ADVICE
Prices for Miami real estate are expected to remain stable. We are currently in a so called ‘normal market’ with 5-6 months of inventory a the close of February 2012. That said, IF you are planning to sell within the next 6 months, every indication...
Mar 11, 2012 | MIAMI REAL ESTATE, NEW LISTINGS
I’ve been working for the past several months with buyers who are wanting to find a townhouse. And we received two other inquiries through our real estate blog this weekend, MiamiRealEstateCafe.com, from others wanting to purchase a townhome in the Miami...
Mar 8, 2012 | BUYER'S ADVICE, MIAMI REAL ESTATE
Sometimes appraisals come in low. When they do, they jam a stick in in the spokes. After seeing a slew of homes, you know what’s out there, you grasp the VALUE … And it’s tough to be at the mercy of the bank and the bank’s appraiser. ...
Mar 1, 2012 | FORECLOSURES/SHORT SALES, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
The court-imposed dam on Shadow Inventory blew last month. There is a wave of distressed property that will come, which will impact sales prices all across America. Some areas will be more battered than others. If you are looking to sell, and wanting to move within...