Tag Archives | Miami Foreclosure Condos

Miami Condos Smart Home Energy Monitoring Equipment

Miami Condos Smart Home Energy Monitoring Equipment

Miami condo consumers’ energy use is changing. New smart home energy monitoring equipment can provide a near real-time snapshot of energy usage. With this information in hand, condo owners are altering their energy-using behavior and becoming more energy efficient. Studies have shown that savings range from 10% to 20% when consumers are able to monitor electricity usage in real time.

Most home energy monitoring equipment consist of two … Read More

Miami-Dade County Condo Prices Hit Bottom?

Miami, Florida
December 10, 2009

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

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first three months (9/2008 – 11/2008) average of $242.00 to … Read More

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

$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 … Read More

Best Deals on Miami Foreclosure Condos

Best Deals on Foreclosure & Bank Owned Condos in Miami & Miami Beach, Florida

May 14th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Here is a list of the Top 8 Best Deals in the Miami condo market right now.

We are starting to see multiple offers on these; so please move quickly if you … Read More

Best Bank Owned Deals In Miami

Foreclosure & Bank Owned Condos Best Deals in Miami Beach & Miami, Florida

May 4th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Please note: We have several highly-skilled Mortgage Lenders who can get financing even in financially “stressed” buildings!

Here is a list of the Top 7 Best Deals in the Miami condo market.

Top

Read More

Foreclosure & Bank Owned Condos in Miami & Miami Beach, Florida

April 8th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Here is a list of available Miami bank owned condos for investment that have come on the market between April 5th,2009 and April 8th, 2009. Just six (6) new listings…Please note that the prices per square foot.

We are starting to see multiple offers on these; … Read More

Miami-Dade Prices Drop Again…Who Knew!?

March 10th, 2009

Miami – Dade County Condo Prices Hit $185.00 Average per SqFt

In order to find the time when Miami Condos averaged $185.00 per square foot, one must look back to August 2003. The affordability of housing has increased dramatically and this has become good news for investors and first time buyers alike!

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first … Read More

Miami Beach & Miami Condo Prices – Have We Hit Bottom?

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 … Read More

Housing Sales Statistics in Miami Beach & Miami, Florida

February 28th, 2009

The Housing Sales Statistics for the first two months of 2009 illustrate the issues and opportunities facing buyers, sellers, lenders and real estate practitioners in Miami-Dade County

In order to compare “apples-to-apples, we have separated the sales data into three groups:

  • Coastal Condos (CC)- Sales in Building near the waterfront that are five stories or higher
  • Suburban Condos & Townhomes (SCT) – Building throughout the county below five stories
  • Single Family Homes
Read More