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Miami Real Estate Market Focus

Miami Real Estate Market Focus

Miami-Dade Stats – August 2012

Miami-Dade Stats - August 2012We see year over year increases in closed sales, median sales price and average sales price for both single family homes and condos.  Current inventory and distressed sales are both down as compared to this same time last year.

** stats provided by the MIAMI Association of REALTORS. Copyright MIAMI, reprinted with permission.

I hope you find this information useful.  Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]


Written by Michael Solovay | Discussion: No Comments »

High Score: Builder Confidence Rises Six Points in July

High Score: Builder Confidence Rises Six Points in JulyHousing Market Confidence

Builder confidence in the market for newly built, single-family homes rose six points to 35 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July, released recently. This is the largest one-month gain recorded by the index in nearly a decade, and brings the HMI to its highest point since March of 2007.

“Builder confidence increased by solid margins in every region of the country in July as views of current sales conditions, prospects for future sales and traffic of prospective buyers all improved,” says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “This is greater evidence that the housing market has turned the corner as more buyers perceive the benefits of purchasing a newly built home while interest rates and prices are so favorable.”

“Combined with the upward movement we’ve seen in other key housing indicators over the past six months, this report adds to the growing acknowledgement that housing – though still in a fragile stage of recovery – is returning to its more traditional role of leading the economy out of recession,” notes NAHB Chief Economist David Crowe. “This is particularly encouraging at a time when other parts of the economy have begun to show softness, and is all the more reason that Read the rest of this entry »

Written by Michael Solovay | Discussion: No Comments »

Warren Buffett Talks Investing In Single Family Homes

Warren Buffett Talks Investing In Single Family Homes

In a CNBC interview recently, Warren Buffett talks about why he would invest in single family homes.

I can help you with all your South Florida real estate needs. If you are buying, selling or leasing then we should talk. Contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: 3 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 »

How’s The Real Estate Market?

The Latest Real Estate Market Data

Stat Table – Condos/Townhomes in Aventura, FL  33180

Stat Table – Single Family Homes in Aventura, FL  33180

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 [email protected]



Written by Michael Solovay | Discussion: No Comments »

How’s The Real Estate Market?

The Latest Real Estate Market Data

Flash Chart – Condos/Townhomes in Aventura, FL  33180

Flash Chart – Single Family Homes in Aventura, FL  33180

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

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

Written by Michael Solovay | Discussion: No Comments »

How’s The Real Estate Market in Aventura – 33180?

Inventory for Aventura – 33180

Condominiums

Landscape Chart

Single Family Homes

Landscape Chart

Inventory is clearly down from this time last year.  The good stuff is going fast.

For more information on buying, selling or leasing your property contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

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