South Florida Real Estate – Third Quarter Summary

According to the National Association of Realtors third quarter report, sales are up throughout most of the country.  The biggest increase in sales was in Florida at 36.8%.  This is no surprise considering that we are also the state with the highest number (9 out of the top 15) of metro area price decreases in […]

Buying, Investment Real Estate, Selling
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South Florida Real Estate Market: What is Going On?

The following were all topics in the news last week and all of them have an effect on our real estate market: South Florida home sales surge, prices plunge, mortgage rates fall to lowest levels since May, Florida’s unemployment rate is up, Florida foreclosures are up and may be increasing, another condo developer files for […]

Buying, Foreclosures, Investment Real Estate, Selling
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Don’t Underestimate the Value of Curb Appeal

In the current real estate market, a lot of attention has been given to staging a home to help it sell.   I am a big fan of staging, but think curb appeal is even more important.  After all, it doesn’t matter how nice your home looks on the inside if buyers drive up, take a […]

Buying, Home Improvement, Investment Real Estate, Selling
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Don't Underestimate the Value of Curb Appeal

In the current real estate market, a lot of attention has been given to staging a home to help it sell.   I am a big fan of staging, but think curb appeal is even more important.  After all, it doesn’t matter how nice your home looks on the inside if buyers drive up, take a […]

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Buying Real Estate Needs to Make Sense

Two sentences in today’s Wall Street Journal article by Brett Arends sums up all of the often conflicting real estate news these days.  “A real-estate purchase needs to make sense on its own terms.  And measure it on cash flow today, not the hope for capital gains tomorrow.” This advice makes sense in any real […]

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Buying Real Estate is a Long-Term Investment

“Long term Miami will outperform the rest of the country.  In 10,20, 30 years, prices will be rising faster in Miami than in the rest of the country,” states Lawrence Yun, Chief Economist of the National Association of Realtors.  The important item in this quote is the time frame. 

Buying, Investment Real Estate
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Miami Home Prices Continue to Decline, Presenting Buying Opportunities

Although today’s  S&P/Case Schiller Price Home Index  showed a slight 0.5%  increase in home prices between April and May, Miami had a 0.8% decrease.  Nationally, this was the first month to month increase in three years and has many people claiming that the real estate market appears to be stabilizing as price decreases level off. […]

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3 Reasons Miami-Dade’s Housing Market Will Take Longer to Recover Than Broward’s

The Miami Herald posted an article that Broward’s housing market is close to bottoming out, even though prices in both Broward and Miami-Dade counties continue to slide.  The article was correct in predicting that Broward will rebound faster mainly because: 1) Miami’s inventory was higher than Broward’s to begin with.  Last year at this time, […]

Buying, Investment Real Estate, Selling
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3 Reasons Miami-Dade's Housing Market Will Take Longer to Recover Than Broward's

The Miami Herald posted an article that Broward’s housing market is close to bottoming out, even though prices in both Broward and Miami-Dade counties continue to slide.  The article was correct in predicting that Broward will rebound faster mainly because: 1) Miami’s inventory was higher than Broward’s to begin with.  Last year at this time, […]

Buying, Investment Real Estate, Selling
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Miami FL – Commercial Real Estate is the Next Buyers Market

An Associated Press article last week highlights opportunities in commerical real estate.  Whereas many economists are predicting that the housing market is at or close to bottom, the commercial sector is just starting to see massive defaults.  A skyscraper in New York that was purchased for approximately $50o million in 2006 just sold for $100,000!  […]

Buying, Investment Real Estate
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