Miami Foreclosures – Down For October But Probably Will Increase

Although the number of homes in foreclosure decreased in October from the same time last year, the overall number of foreclosures are still high and some experts think it will rise.  According to RealtyTrac, there were 7, 741 foreclosures in Miami Dade as of October.  Most of the first round of foreclosures were sub-prime and […]

Buying, Foreclosures, Selling
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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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First Time Homebuyers Tax Credit Extended and Improved

What does the bill that President Obama signed into law on Friday mean to you if you are a first time homebuyer?  It means that you did not miss out on the First Time Homebuyers Tax Credit and may be able to qualify for it now, even if you didn’t before.  Why?  Because the new […]

Buying, Selling
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Miami Real Estate – Single Family Homes Market Summary

Below is a quick snap shot of what the real estate market for single family homes looked like in October.  These numbers are derived from the Multiple Listing Service and though they do not include For Sale By Owners and anything not listed on the MLS, they are indicative of what is going on in […]

Buying, Foreclosures, Market Summary, Selling
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Miami Real Estate Market – Pending Sales, What Do They Really Mean?

The National Association of Realtors reported a 21.2 percent increase  in pending home sales for the month of September. This is the 8th consecutive monthly gain so, what does that mean in terms of the real estate market?  The answer, as always, is it depends on the location.  The NAR number is a national number […]

Buying, Market Summary, Selling
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The Short Sale Process For Sellers

If you are selling your property and you owe more on your mortgage than the property is worth, you will have to do a short sale.  The following documents are going to be the minimum required by your lender to determine whether they will approve a short sale.  Hardship Letter – explain in detail […]

Selling
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Miami Real Estate – Third Quarter Market Update – Single Family Homes

Below is a quick snap shot of what the real estate market looked like after the third quarter.  These numbers are derived from the Multiple Listing Service and though they do not include For Sale By Owners and anything not listed on the MLS, they are indicative of what is going on in our local […]

Buying, Foreclosures, Luxury Real Estate, Market Summary, 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 […]

Buying, Home Improvement, Investment Real Estate, Selling
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