Nearly 40% of home sale are Foreclosure

Everyday people ask me “are you selling houses?”   Absolutely we are selling , our challange is not selling but closing.  Approximately 40% of Dade County inventory is in the foreclosure process. In one of two sales, my office needs the approval of the bank in order to close, in the best of circumstances this is an [...]

Increasing Home Inventory, Watch Closely

Inventory is the controlling factor in home prices.   In the past 30 days, we have seen an increase in homes for sale, bank owned properties and short sales, as banks  control the ebb and flow of the inventory I expect this will be the trend until they exhaust their backlog of foreclosures.  Key question?  How long [...]

Market Trends – Months of Inventory based on Closed Sales, Condos / Townhomes, Dade County, FL

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Market Trends – Number of Homes for Sale v Sold v Pended, Condos / Townhomes, Dade County, FL

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Market Trends – Days on the Market & Sold/List Price Percentage, Condos / Townhomes, Dade County, FL

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Market Trends – Average Home Sold Price Per Square Foot, Condo / Townhome, Miami Dade, FL

Market Trend – Average Price for Sale & Sold, Condo / Townhouse, Dade County, FL

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Market Trend – Number of Homes for Sale v Sold v Pended, Single Family Homes, Dade County, FL

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Market Trend – Days on the Market & Sold/List Price Percentage, Single Family Homes, Dade County, FL

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Market Trend – Average Home Sold Price per Square Foot, Single Family Home, Dade County, FL

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