According to the Miami Association of Realtors, sales of existing single-family homes in the Miami Metropolitan Statistical Area rose 46 percent in September, compared to September 2010. Sales of existing condominiums increased 58 percent compared to September 2010. Statewide sales increased 10 percent for single-family homes and 10 percent for condominiums compared to September [...]
The Miami Association of Realtors (MAR) reports that the Miami-Dade county residential real estate market continues its rapid growth with increases in both sales and prices. MAR statistics indicate a 7.5% rise in sales for the month of January compared to the same period last year, which marks the 14th consecutive month of increases. [...]
Housing research firm Trulia reports that the market is “51%” closer to a full recovery, as opposed to its rating of 28% at the close of 2011. Increased homes sales and prices, and a drop in mortgage delinquency and foreclosures have all contributed to the positive trends in the market. Even the usually reserved [...]
The Miami Association of Realtors is recording a record number of home sales, thanks in large part to increasing interest from foreign investors, cash buyers of distressed properties and vacation-home seekers. For the fourth consecutive month, Miami home prices posted strong gains in March with the median sales price of condominiums surging 46% compared [...]
Miami Home Sales Break Record in 2011 Miami, FL – Miami home sales set a new record in 2011, exceeding transaction levels during the height of the real estate boom in 2005, according to the 26,000-member MIAMI Association of REALTORS and the Southeast Florida Multiple Listing Service (SEFMLS). Total 2011 sales, including both condominiums [...]
10 Cities Where List Prices Soared in the Last YearDAILY REAL ESTATE NEWS | THURSDAY, JANUARY 26, 2012List prices are heating up in Florida, as recovery takes hold in the Sunshine State. Florida boasts the highest number of cities in the top 10 for largest increases in median list prices in the last year. In [...]
AVERAGE SALES PRICE OF NEW CONDO UNITS JUMPS 21% IN GREATER DOWNTOWN MIAMI : New condo sales in Greater Downtown Miami slowed by 53 percent in the 2011 on a year-over-year basis compared to 2010 as developer inventory decreased and the average price increased by 21 percent as of Dec. 31, according to a new [...]
The U.S. housing market has shown notable stability in 2011 compared to the previous two years when the tax credit made a clear impact. Although recent economic indicators have been less than expected, including a downward revision of GDP and consumer confidence that mirrors early 2009, owning a home is still valued by the [...]
June 2011 Market Update The U.S. housing market continues its gradual and uneven progress, despite the expiration of the home buyer tax credit. The remarkable rebound in housing activities from the initial drop following the end of the home buyer tax credit this past July adds to the belief that the risk of a [...]
