Tag Archives | REO Real Estate Owned

Miami-Dade County Condo Prices Rise to $282.00 Average per SqFt

Miami, Florida
May 20th, 2010

Miami-Dade County Condo Prices Rise to $282.00 Average per SqFt

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.

Visit Miami Foreclosure Bank Owned Condos for a list of available Miami bank owned condos for investment as of May 20th, 2010. Please note that they are in order by city and their availability … 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

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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

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
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Where Have All the Condos Gone…Long Time Passing?

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 … Read More

Brickell Key Condos Sales Report

December 14, 2008

On September 15th of this year we posted an article on the Brickell Key condominiums which included a graph of sales activity for the eleven buildings there (please see Diagram 1)

Building Name Total
Units
Units
For Sale
Percent Closed
Sales
Short
Sales
Avg List $
per SqFt
Avg Sold $
per SqFt
Year Built
Asia 123 17 13.8% 0 0 $973 TBD 2008
Brickell Key One 316 28 8.9% 7 1
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