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 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...
Dec 13, 2011 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
By the end of 2010 distressed single family homes in Miami listed for sale in the MLS (multiple listing service) numbered in excess of 1,000. And as we moved into 2011 that number dropped: The number of distressed properties listed for sale dropped. Distressed...
