Tag Archives | Coastal Condos

Miami Condo Market Trends 2nd Qtr 2011

Miami Condos Sales Explode in 2011

Closed and pending sales data for condominiums in the second quarter of 2011 Miami-Dade County show a twenty-seven (27%) percent increase over the same period in 2010. All this without last years “First Time Buyers Credit!”

These increased sales have reduced the available inventory significantly, with available units dropping to below ten months supply. This is good news for both sellers and buyers. It indicates that there are a … Read More

Miami Condo Sales Explode in 1st Qtr 2011

Miami Condos Sales Explode in 2011

Closed and pending sales data for condominiums in the first quarter of 2011 Miami-Dade County show a forty-four (44%) increase over the same period in 2010. All this without last years “First Time Buyers Credit!”

These increased sales have reduced the available inventory significantly, with available units dropping to just a twelve month supply. This is good news for both sellers and buyers. It indicates that there are a … Read More

Miami Condo Prices Rise to $198.00 Avg / SqFt

Miami Condos price averages bottomed in April 2009 at $176.00 per square foot, and have risen for the paste two months. The affordability of housing has increased dramatically and this has become good news for investors and first time buyers alike!

Please “Click Here” for a list of available Miami bank owned condos for investment as of July 22nd, 2009.

The quarterly average price per square foot has dropped dramatically over the last fifteen … Read More

Mad Money’s Cramer Calls Housing Bottom

Mad Money’s Cramer Calls Housing Market Bottom

Wild and crazy guy, some say brilliant others find so annoying, Mad Money TV host, Jim Cramer, has just called a bottom in the housing market! This may be the case. But as you may know from reading the Miami Condo Lifestyle BLOG previously, we don’t put much stock in medians or averages as they apply to the “Hyper Local” real estate markets here in Miami. We are … Read More