Highest Climb in Sales Reported for the Month September, nearly 80%
- By: ckawas
- On: 10/30/2009 14:16:01
- In: Real Estate
Florida Association of Realtors reported that sales of condos statewide rose 77% in the month of September, this is the 13th month in a row that there is a surge in sales.
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Media Turning in Favor of Real Estate?
- By: ckawas
- On: 10/01/2009 12:42:14
- In: Real Estate
Every morning I wake up, smell the coffee and get excited about opening my Miami Herald and New York Times and read all the great new articles on why people should be buying real estate in Miami and Miami Beach. A few years ago my steps from my front door to the newspapers in my driveway wasn't quite as pleasant. I dreaded opening the paper and read more negative stories about Miami real estate (at the time every realtor in town including myself was in denial, and did not agree with the stories)...
My home sold so fast I dont know if we are in 2003 or 2009!
- By: ckawas
- On: 08/18/2009 17:11:38
- In: Real Estate
I work closely with buyers and sellers of real estate and have had some experiences recently that I want to share. I know that many people out there are scared of listing their homes for sale in this market because “nothing is selling”, “I’d have to give it away at foreclosure prices” or “nobody is buying”! ...
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Florida's Existing Home, Condo Sales Rise for the 10th Straight Month
- By: ckawas
- On: 07/24/2009 14:49:13
- In: Real Estate
ORLANDO, Fla. – July 23, 2009 – Florida’s existing home sales rose in June – the 10th consecutive month that sales activity showed gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Statewide sales in June also increased over the previous month’s sales level in both the existing home and existing condominium markets. And, for the second month in a row, the statewide median sales price for existing homes was higher than the previous month’s statewide median...
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FAR Reports 9th Straight Month of Sales Volume Increase
- By: ckawas
- On: 06/23/2009 18:22:10
- In: Real Estate
ORLANDO, Fla. – June 23, 2009 – Florida’s existing home sales rose in May – the ninth month in a row that sales activity increased in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Statewide sales showed gains over the previous month’s sales level in both the existing home and existing condominium markets. Also, for the first time in many months, the statewide median sales price in May for existing homes and for existing condos rose over the previous month’s figure...
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Listed home prices tumbling across U.S., especially in LV
- By: ckawas
- On: 06/09/2009 11:33:54
- In: Real Estate
This is an article from the Las Vegas Review Journal that points out that asking prices on regular sales (non-foreclosure or short sales) are reducing their prices to compete with the distressed sale market.
MIAMI, Fla. – June 8, 2009 – The average listed home price was reduced 10.6 percent nationwide, with larger drops coming in areas hardest hit by foreclosures such as Detroit, Las Vegas and Miami, a San Francisco-based real estate search firm reported Friday...
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You Can Now Use Your $8,000 Tax Credit for your Downpayment
- By: ckawas
- On: 06/01/2009 11:27:41
- In: Real Estate
FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on so-called home buyer tax credit loans that was released today...
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Foreclosure, Short Sales, developer fire sales and bargain hunting in Miami
- By: ckawas
- On: 05/28/2009 22:21:53
- In: Real Estate
First let me start by defining what a short sale, foreclosure, or buying from a motivated developer entails and how these might provide a good investment opportunity for you. The opinions that you see in the upcoming paragraphs are based on my experiences in the Miami/Miami Beach real estate market.
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Miami/Miami Beach Market Update and Analysis
- By: ckawas
- On: 05/28/2009 15:26:40
- In: Real Estate
UPDATE: January, February, March and April also reported overall sales gains of 24%, 20%, 30% and 18% respectively.
While overall sale volumes have softened nationally in recent months, Florida has experienced an increase in activity. The chart below details how, in the last 4 months of 2008, the volume of closed transactions increased up to 27% compared to 2007.
Continuum Penthouse Sold
- By: ckawas
- On: 05/28/2009 15:09:50
- In: Real Estate
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