Jan 17, 2013 | BUYER'S ADVICE
With the new year ahead of us, we can now look back at 2012 and note that it was a great year for buyers. Data from last year shows that it was a favorable year for buyers who were able to obtain a mortgage, according to the National Association of Realtors. Towards...
Jan 13, 2011 | BUYER'S ADVICE, GOOD DEALS & WHAT'S SELLING, MIAMI REAL ESTATE
According to NAR, existing home sales were back on an upward track in November 2010, starting the growing trend again since bottoming in July. Home sales, which include townhomes, single-family, co-ops and condominuims, rose to 5.6% in November from 4.43 million in...
Jan 7, 2011 | BUYER'S ADVICE, MIAMI REAL ESTATE
According to an article in the Jacksonville Daily Record, housing prices in Miami and Tampa hit their lowest levels since the downward trend in 2006, this October. Miami will likely see a continuing trend upward, likely because of competitive prices. These same prices...
Jun 7, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
The Miami Real Estate Market is extremely value sensitive right now, as we inch close to the half-way mark in 2010. Unquestionably 2010 remains a buyer’s market. Buyers are looking for value, and finding it. Overpriced real estate languors, stagnant…...
Mar 18, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
IS THIS “THE TIME TO BUY” ? For any of us in a position to buy real estate, 2010 will provide plenty of opportunity to do so. Inventory has dropped. Prices have dropped. Sales have increased (both homes/condos). And for the moment, interest rates...