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JULY – 2011 Housing Trends Newsletter by Michael Solovay

JULY – 2011 Housing Trends Newsletter by Michael SolovayHousing Trends eNewsletter

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends JULY – 2011 Newsletter http://southflorida911.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report: http://southflorida911.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you.  I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

You can contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Summer 2011 Real Estate Market Update

Summer 2011 Real Estate Market Update

This real estate market update is presented by Ron Shuffield, President of EWM Realtors.  Today’s great values, which are truly half those 5 or 6 years ago,  are one reason why sales have taken off so much in 2011.  However, since January 2011 we have begun to see an increase in our prices, month after month.

[youtube]http://www.youtube.com/watch?v=ILUDyKW2h7U[/youtube]

Median Prices

Single Family Homes: Miami-Dade County

  • January 2011  $150,000
  • May 2011 – $180,000

Single Family Homes: Broward County

  • January 2011 – $165,000
  • May 2011 – $190,000

Condominiums: Miami-Dade County

  • January 2011 – $90,000
  • May 2011 – $124,000

Condominiums: Broward County

  • January 2011 – $68,000
  • May 2011 – $78,000

This is the best time to purchase real estate in South Florida in the past 6 years.

For more information on the South Florida real estate market please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

How’s the Real Estate Market in YOUR Area?

How’s the Real Estate Market in YOUR Area?

Subscribe to my Real-Time Market Report.  It’s all about what’s going on right now and it’s free!

Learn about price trends, supply and demand and leading indicators.  Better real estate market information helps you make your decisions with confidence!

Executive Summary Condo 33180 - May 16, 2011

It’s FREE! Click here to register and we’ll get you my Real-Time Market Report today!

Written by Michael Solovay | Discussion: No Comments »

Aventura, FL Real Estate Market Conditions (May 6, 2011) – Single Family

7-day stats for Single Family properties in
MIAMI, FL33180 – Aventura as of May 6, 2011
Median List Price $799,000 Average List Price $923,051
Total Inventory 55 Price per Square Foot $261
Average Home Size 2,935 Median Lot Size 7,990
Average # Beds 3.87 Average # Baths 3.45
Homes Absorbed 5 Newly Listed 1
Days on Market 253 Average Age 29

Median Price for homes in MIAMI, FL 33180 - Aventura

Median Price for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is $799,000

Inventory for homes in MIAMI, FL 33180 - Aventura

Inventory for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is 55

Average Days on Market for homes in MIAMI, FL 33180 - Aventura

Average Days on Market for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is 253

Median Price per Sqft for homes in MIAMI, FL 33180 - Aventura

Median Price per Sqft for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is $261

Written by Michael Solovay | Discussion: No Comments »

Aventura, FL Real Estate Market Conditions (May 6, 2011) – Condo

90-day stats for Condo properties in
MIAMI, FL33180 – Aventura as of May 6, 2011
Median List Price $357,539 Average List Price $499,459
Total Inventory 892 Price per Square Foot $246
Average Home Size 1,466 Median Lot Size n/a
Average # Beds 2.31 Average # Baths 2.45
Homes Absorbed 44 Newly Listed 35
Days on Market 244 Average Age 19

Median Price for homes in MIAMI, FL 33180 - Aventura

Median Price for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is $357,539

Inventory for homes in MIAMI, FL 33180 - Aventura

Inventory for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is 892

Average Days on Market for homes in MIAMI, FL 33180 - Aventura

Average Days on Market for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is 244

Median Price per Sqft for homes in MIAMI, FL 33180 - Aventura

Median Price per Sqft for homes in MIAMI, FL 33180 – Aventura as of May 6, 2011 is $246

Written by Michael Solovay | Discussion: No Comments »

Condo Prices for Aventura, FL vs. Miami-Dade County

Condo Prices for Aventura, FL vs. Miami-Dade County

Medium Chart

Medium Chart

Written by Michael Solovay | Discussion: No Comments »

South Florida Foreclosure Activity

South Florida Foreclosure Activity

as of March 4, 2011

According to The Real Deal, the  number of foreclosures in South Florida year-to-date is 4,761 which is down from 14,314 at this same time last year.  The graph below shows foreclosure activity in Miami-Dade, Broward and Palm Beach Counties.

South Florida Foreclosures

For more real estate information please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Update 2010: Year In Review

Real Estate Market Update 2010:  Year In Review

Ron Shuffield, President of Esslinger Wooten Maxwell, Inc. Realtors talks about 2010 real estate market, and what to expect in 2011.  Some interesting facts noted are:

  • twice as many homes were sold in 2010 than 2 years ago
  • 2010 turns out to be the best year since 2005
  • prices of single family homes have rolled back about 8 years
  • prices of condos have rolled back about 10 years
  • low prices coupled with some of the lowest interest rates ever seen have created unprecedented values for buyers today

For more information please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Report For Aventura 33180

Real Estate Market Report For Aventura 33180

Executive Summary for Condos – Townhomes

January 3, 2011


Open publication – Free publishingMore supply

To receive FREE market information for your neighborhood just click here and register.

For more information please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Aventura Residential Inventory

Aventura Residential Inventory

November 2008 – November 2010

Aventura Residential Inventory Nov 2008 - Nov 2010

Properties for sale are properties where no current sale contract exists; pended properties are properties in which a contract for sale has been executed, but not yet closed.

This graph is based in whole or in part on data supplied by the Realtor Association of Miami or its Multiple Listing Service.

For more information contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

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