Nov 17, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
In Miami-Dade County only 1 out of every 3 property sales is a non-distressed real estate transaction. 2/3 of all real estate transactions right now are short sales or foreclosures and 4/10 of all recent sales have been foreclosures. But that is likely to...
Nov 11, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS, SELLER'S ADVICE
Realty Trac reports that currently 24% of residential home sales are FORECLOSURE property. With the shear volume of foreclosure properties on the market (and foreclosures expected to rise), IF YOU PLAN TO SELL YOUR HOUSE over next couple of years, you might do...
Sep 3, 2010 | BUYER'S ADVICE, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, MIAMI'S TOP NEIGHBORHOODS, SELLER'S ADVICE
IN RESEARCHING RECENT HOME SALES AND MARKET TRENDS IN MIAMI, I FOUND THAT THE PROPERTIES THAT ARE SELLING IN 2010 ARE SELLING WITHIN 10% OF THEIR ASKING PRICE – CONSISTENTLY. IN SOME MARKET SEGMENTS, PROPERTIES ARE SELLING CLOSER TO 3-5% OF THEIR ASKING...
Jun 25, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
The National Association of Realtors (NAR) indicates that the demand for real estate throughout 2010 will likely remain fairly flat, although the market is encouraging – for buyers. That announcement, along with the expected increase in short sale and...
Jun 14, 2010 | BUYER'S ADVICE, MIAMI REAL ESTATE
I wish I were a fly on the wall, and could have heard the whole conversation. I got enough of a snippet … and I must say, it was rather typical of Real Estate agents who JUST DON’T GET IT! One Realtor was muttering about how much he hated working with...