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Mortgage buyer Freddie Mac says the average on the 30-year loan was 3.66 percent. That’s unchanged from last week and the lowest since long-term mortgages began in the 1950s.
06/29/2012
Bulk buyers have resold about 64 percent of the nearly 5,100 condo units originally acquired in distressed transactions of 10 units or more in South Florida's seven largest coastal markets ofGreater Downtown Miami,South Beach, Sunny Isles Beach, Hollywood / Hallandale Beach, Downtown Fort Lauderd...
06/28/2012
Miami’s housing market got another double-barreled dose of good news from the numbers crunchers Tuesday: Home prices in the greater Miami area are up from their bargain-basement lows, while the percentage of homes in the foreclosure process — though still at jawdropping levels — continues to shri...
06/27/2012
There have been worse times to sell your house in South Florida, but not many. The Case-Shiller index shows the region’s real estate values have dropped, on average, 49 percent since their peak in late 2006. That grim statistic actually helps explain why South Florida’s real estate market seems t...
06/25/2012
According to the National Association of Realtors (NAR), limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions. Total existing-home sales, which are completed tr...
06/24/2012
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AMAZING WATERFRONT RENTAL MIAMI BEACH. MODERN UPSCALE BUILDING, ALL AMENITIES INCLUDED. LOCATED SOUTH OF FIFTH STREET IN MIAMI BEACH. CLOSE TO BEST BEACHES, RESTAURANTS AND SHOPS.
06/21/2012
Demand is up, inventory is low and prices are rising. The battle for South Florida’s residential real estate is back on even though there may still be many more foreclosures to come. Read more here: http://www.miamiherald.com/2012/05/22/2812487/south-floridas-real-estate-market.html#storylink=cpy...
06/11/2012
Purchasing foreclosures also means discounts, but with the markdown is the price of repairs. According to RealtyTrac, foreclosures or REOs sold at an average discount of 27 percent compared to non-distressed properties in the first quarter of 2012. Through an FHA 203(k) loan, potential buyers who...
06/07/2012
Home prices continued to rise in February as sales slow, reflecting a dearth of inventory in South Florida, Realtors say.
05/02/2012
Miami, FL – For the fourth consecutive month, Miami home prices posted strong gains in March. The median sales price of condominiums in the Miami-Dade County surged 46 percent to $141,700 in March compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORS and the lo...
04/30/2012
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I am a Real Estate agent in Miami Beach, Fl.
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