Oct 5, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
The Florida Association of Realtors (FAR) calculates PROPERTY VALUE based on median price through MLS STATS. Home sales vary considerably from month to month (from market segment to market segment / within price categories). As a result, market overviews offer...
Mar 4, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
Banks are holding on to shadow inventory. Shadow inventory… the new topic of conversation …soon to be common vernacular. Shadow inventory is foreclosure inventory that’s about to come on the market -property the banks have not yet foreclosed...
Jan 29, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
Miami is back to the property values we experienced in 2000 – 2001. From 2005 -2008 housing prices skyrocketed and homeowners saw a significant increase in their equity. If you bought a home or condo between 2005 and 2008 – at the height of the...