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How’s The Real Estate Market In Aventura?

Real Estate Market Stats for Aventura, FL  33180

Median Price – Single Family Home vs. Condo/Townhome

Inventory – Single Family Home vs. Condo/Townhome

Average Days on Market – Single Family Home vs. Condo/Townhome

If you would like to receive the latest real estate market data for your area delivered to your e-mail then click here to subscribe to my Real-Time Market Report.  It’s free!

For more information please contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

How’s The Real Estate Market?

The Latest Real Estate Market Data

Stat Table – Condos/Townhomes in Aventura, FL  33180

90-day stats for Condo properties in
MIAMI, FL33180 - Aventura as of August 27, 2010
Median List Price:$346,046Average List Price:$455,883
Total Inventory:1,049Price per Square Foot:$241
Average Home Size:1,666Median Lot Size:n/a
Average # Beds:2.25Average # Baths:2.26
Homes Absorbed:39Newly Listed:39
Days on Market:255Average Age:18

Stat Table – Single Family Homes in Aventura, FL  33180

90-day stats for Single Family properties in
MIAMI, FL33180 - Aventura as of August 27, 2010
Median List Price:$699,142Average List Price:$795,821
Total Inventory:69Price per Square Foot:$211
Average Home Size:2,847Median Lot Size:7,500
Average # Beds:3.82Average # Baths:3.21
Homes Absorbed:3Newly Listed:3
Days on Market:230Average Age:31

If you would like the latest data for your area delivered to your e-mail then click here to subscribe to my Real-Time Market Report.  It’s free!

For more information contact me at (305) 329-4929 or solovay.m@ewm.com.



Written by Michael Solovay | Discussion: No Comments »

EWM Realtors – Top Producers 2009

Chairman’s Club

EWM Top Producers for 2009

If you would like to work with a Top Producer contact me today at (305) 332-4260 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

Want More Evidence That Housing Is Turning Around?

Best Cities For A Housing RecoveryForbes Magazine

Forbes magazine identified 161 of the country’s largest metro areas where sales activity has increased compared to 2008 and where foreclosure sales, as a percentage of total sales, are low.

Forbes magazine considers these markets as on the road to recovery:

  1. Miami-Ft. Lauderdale, FL
  2. Lincoln, NE
  3. Colorado Springs, CO
  4. Salem, OR
  5. San Luis Obispo, CA
  6. Bremerton, WA
  7. Denver, CO
  8. Redding, CA
  9. Santa Barbara, CA
  10. San Jose, CA

For more real estate news and information contact me at (305) 329-4929 or solovay.m@ewm.com

Written by Michael Solovay | Discussion: No Comments »

Single Family Home Real Estate Market Report for Aventura, FL

Aventura, FL 33180 – Single Family Homes as of 6/19/09

Market Update for Single Family Homes in Aventura, FL

This Week

The median single family home price this week is $722,000.  Inventory has been tightening and days-on-market increasing recently.  The Market Action Index has been basically flat, not providing strong indication for market conditions.

Price

This week saw relatively little price change from last week, however, we continue to demonstrate a nice up trend over the last several weeks.

Price and Value

The market appears to be Read the rest of this entry »

Written by Michael Solovay | Discussion: No Comments »

Consider Investing Your Retirement Funds In Real Estate

Retirement Planning:  Buy Real Estate in Your IRA

Investments

 

Most people do not realize that there is an IRS provision that let’s them use their Self-Directed IRA to purchase real estate. This can be an excellent way to invest in that foreclosure property you were interested in.   Remember, your investment grows tax free in an IRA.

What types of Real Estate can be used for IRA’s?      

  • residential
  • condos
  • multifamily units
  • land
  • commercial strip malls
  • hotels

Why have the IRA invest in Real Estate?

  • dissatisfaction with stocks & bonds
  • real estate is a tangible asset
  • real estate produces rental income which is tax free until distribution
  • great appreciation at this time with foreclosures & REO’s

Yes, you can hold property in your retirement account, but there are many rules so be careful.  A mistake can turn into a tax disaster.  Be sure to follow Self-Directed IRA rules. You have to get your dollars from your retirement custodian (probably your broker) to an independent custodian that offers real estate as an investment option. 

While real estate isn’t appropriate for everyone’s retirement account, it should at least be looked at as another option in retirement investment alternatives. Consult with an expert in the field.

For more information please contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: 4 Comments »

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