Miami Real Estate – New Year Update

The inventory for single family homes in Miami-Dade County has inched up in the first few weeks of 2011.  There were 971 single family homes that closed in the month of December, but 723 new listings have increased our inventory from 7591 at the end of December to 8314 as of today.

This increase is not unexpected as foreclosures were put on hold while being investigated, and many homeowners don’t want to deal with showing their home during the holidays.

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