Archive for the '33130' Category

May 28th, 2009

Today begins the first in a series of articles about Miami Investment condos. We have created a table showing the most recent closed sales in buildings built since 2000 in the Brickell, Brickell Key and Miami River areas of Miami. These will be updated regularly and can be used to get transparency in the Miami Condo market. Several buildings have been clearing out their short sales with bank foreclosures and are starting to…

$8,000 Tax Credit May Be Used As Down Payment

If you’re thinking about making a home purchase to take advantage of the depressed South Florida real estate market, the federal government might be able to help you get started with your purchase.

On Tuesday, Shaun Donovan, Secretary of Housing And Urban Development, said that the Federal Housing Administration (FHA) informed lenders to allow first-time home buyers to use an $8,000 tax credit as a down payment on…

Miami & Miami Beach, Florida - Average Condo Prices per Sq.Ft

March 3,2009

Every day several of my clients ask me, “Ned, how low are the prices going to go in Miami? When should I buy? How far back have the prices retreated from the highs? Well, I have really been stuck answering these questions…truthfully…I dropped my crystal ball a few years ago and I’ve been really stumped.

Of course, the real answers lie not in the average…

Top 25 Pre-foreclosure Short Sales Condo Buildings in Miami, Florida

January 5th, 2009

2008 is in the books. Whew!! So what are the statistics about the condos for sale in Miami- Dade county?

  • Total Housing Units in Miami-Dade county - 1,000,000 100%
  • Total Condos for Sale in MLS - 22,247 2.2%
  • Total Short Sale Condos in MLS - 6,524 .6%
  • Total Short Sale Condos in Miami- 1,024 .1%

Short Sale Miami condos are often foreclosed upon by the lender before…

Miami Condo Market Report

Miami-Dade County, Florida
December 30, 2008

I hope you made it through the calorie blasts of the Holidays unscathed!! The New Years Day
weather forecast is for highs in the high 70’s and sunny…of course!

Miami Condo Investments

Todays Update will be brief as we are only including our latest Bank Owned Miami Condos list click here. The list is much larger than normal, you may want to bookmark it as we are now updating it weekly.

This week there are…

October 31st, 2008

Miami, Florida

When people visit www.MiamiCondoLifestyle.com and contact me about buying in the Miami & Miami Beach market, they ask the following question…“How far back in time have the Miami and Miami Beach condo prices dropped?” Today we are going to find out.

The charts below show data from October of 2003 until September of 2008, for the months on inventory on hand and the average price per square foot. For those of you who have been…

October 7th, 2008

Every day we get dozens of emails and phone calls from various buyers, sellers, landlords and tenants trying to find the information they need in order to make an informed and sound business decision about Miami condos and real estate. This is what we do all day long.

We are continually in “conversation” with multiple buyers and sellers, appraisers, banks, developers, landlords and other Realtors trying to find just the right opportunities and…