Categories

Archive for the 'General RE Info' Category

South Florida Real Estate Market Update 1Q 2013

Ron Shuffield’s latest Market Update. Looking Good!

[youtube]http://www.youtube.com/watch?v=mkaiJmiaViU[/youtube]

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
Para estar actualizado con lo que pasa en el Mercado Inmobiliario y recibir nuestros articulos directamente en su e-mail suscribase aqui.

If you are interested in finding how much your home is worth or want to purchase a property, please call us at (954) 588-7260 or contact us.
Si esta interesado en saber cuando vale su inmueble o quiere comprar una propiedad, por favor llamenos al (954) 588-7260 o contactenos.

Written by Ines Garcia | Discussion: 44 Comments »

Miami-Dade Real Estate Market/Mercado de Bienes Raices en Miami-Dade

A Picture is worth more than a Thousand Words/Una Imagen dice mas que 1.000 Palabras

5.4

Months of Inventory Based on Closed Sales (last 10 years)
Meses de Inventario basado en Ventas Cerradas (ultimos 10 años)dade for sale sold

For Sale & Sold by Number of Units (last 10 years)
A la Venta y Vendidas por Numero de Unidades (ultimos 10 años)

MEDIAN PRICES

MEDIAN PRICES – PRECIO MEDIO

2nd Quarter 2003 / 2do Trimestre 2003- $ 164,000
2nd Quarter 2013 / 2do Trimestre 2013 – $ 180,000 (9.75% Increase/Incremento)

Peak of the Market / Mercado mas Alto- February/Febrero 2007 – $ 326,000
Bottom of the Market/Mercado mas Bajo – February/Febrero 2011 – $121,000

Increase from Bottom to Feb 2013 / Incremento desde el Mercado mas Bajo:  48.76%

You don’t have to be a Real Estate Guru to figure out what’s going on in the Real Estate Market in Miami-Dade. The last few months look very similar to the time where the market was pretty stable before it got overheated. Months of Inventory in Miami-Dade based on Closed Sales is 5.4 months as of February 2013 which is referred as a Sellers’ Market (A Seller’s Market is when Months of Inventory is below 6 months). This is based on all types of properties, all price ranges and type of transactions….in some segments it is even less. Taking into consideration these numbers we can say that the Market Outlook is very positive.

No hace falta ser un gurú inmobiliario para averiguar lo que está pasando en el mercado de bienes raíces en Miami-Dade. Los últimos meses se parecen mucho al tiempo en que el mercado era bastante estable antes de que se sobrecalentara. Meses de Inventario en Miami-Dade. basado en las unidades cerradas es de 5,4 meses, a finales de Febrero del 2013, que se considera como un Mercado de Vendedores (un Mercado de Vendedores es cuando Meses de Inventario basado en Ventas Cerradas es inferior a 6 meses). Esto es basado en todos los tipos de propiedades, todos los rangos de precio y tipos de transacciones… en algunos segmentos es incluso mucho menos.Teniendo en cuenta estas cifras, podemos decir que las perspectivas del mercado son muy positivas.

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
Para estar actualizado con lo que pasa en el Mercado Inmobiliario y recibir nuestros articulos directamente en su e-mail suscribase aqui.

If you are interested in finding how much your home is worth or want to buy a property, please call us at (954) 588-7260 or contact us.
Si esta interesado en saber cuando vale su inmueble o quiere comprar una propiedad, por favor llamenos al (954) 588-7260 o contactenos.

Source: MLS and Trendgraphix. The data is provided for informative purposes and doesn’t imply that the authors were involved directly in all of these transaction

Written by Ines Garcia | Discussion: 16 Comments »

Broward Real Estate Market/Mercado de Bienes Raices en Broward

A Picture is worth more than a Thousand Words/Una Imagen dice mas que 1.000 Palabras

broward moi 4.1

Months of Inventory Based on Closed Sales (last 10 years)
Meses de Inventario basado en Ventas Cerradas (ultimos 10 años)broward for sale sold

For Sale & Sold by Number of Units (last 10 years)
A la Venta y Vendidas por Numero de Unidades (ultimos 10 años)

MEDIAN PRICES – PRECIO MEDIO

2nd Quarter / 2do Trimestre 2003- $ 147,000
2nd Quarter /
2do Trimestre 2013 – $ 140,000 (4.7% % Decrease/Disminucion)

Peak of the Market / Mercado mas Alto- August/Agosto 2005 – $ 278,000
Bottom of the Market/Mercado mas Bajo – February/Febrero 2011 – 97,000

Increase from Bottom to Feb 2013 / Incremento desde el Mercado mas Bajo:  44.32%

You don’t have to be a Real Estate Guru to figure out what’s going on in the Real Estate Market in Broward. The last few months look very similar to the time where the market was pretty stable before it got overheated. Months of Inventory in Broward based on Closed Sales is 4.1 months as of February 2013 which is referred as a Sellers’ Market (A Seller’s Market is when Months of Inventory is below 6 months). This is based on all types of properties, all price ranges and type of transactions….in some segments it is even less. Taking into consideration these numbers we can say that the Market Outlook is very positive.

No hace falta ser un gurú inmobiliario para averiguar lo que está pasando en el mercado de bienes raíces en Broward. Los últimos meses se parecen mucho al tiempo en que el mercado era bastante estable antes de que se sobrecalentara. Meses de Inventario en Broward basado en las unidades cerradas es de 4,1 meses, a finales de Febrero del 2013, que se considera como un Mercado de Vendedores (un Mercado de Vendedores es cuando Meses de Inventario basado en Ventas Cerradas es inferior a 6 meses). Esto es basado en todos los tipos de propiedades, todos los rangos de precio y tipos de transacciones… en algunos segmentos es incluso mucho menos.  Teniendo en cuenta estas cifras, podemos decir que las perspectivas del mercado son muy positivas.

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
Para estar actualizado con lo que pasa en el Mercado Inmobiliario y recibir nuestros articulos directamente en su e-mail suscribase aqui.

If you are interested in finding how much your home is worth or want to purchase a property, please call us at (954) 588-7260 or contact us.
Si esta interesado en saber cuando vale su inmueble o quiere comprar una propiedad, por favor llamenos al (954) 588-7260 o contactenos.

Source: MLS and Trendgraphix. The data is provided for informative purposes and doesn’t imply that the authors were involved directly in all of these transactions.

Written by Ines Garcia | Discussion: No Comments »

Weston and Nearby Communities Homes Sold by Type of Transaction

SF Homes Sold Between January and July 2012

We keep track of Weston’s Housing Market very closely and we find it’s very important to check every few months how our real estate performs compared with other nearby communities. Many of our Buyers when looking to buy in Weston also consider these other cities.

Weston has performed very well compared with neighboring cities with slightly over 30% of distressed sales and the lowest percentage of foreclosures. Compared with SW Ranches which is a very small market, Weston’s numbers shows a very “healthy”* market.
* The use of the word healthy we know may be audacious, we mean…. healthier than other markets by contrast.

Weston’s Real estate market was the last the feel the pain of the market downturn and the first to show signs of recovery.

Broward Homes Sold Jan-July 2012 by type of Transaction

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
If you are interested in finding how much your home is worth, please call us at (954) 588-7260 or
contact us.

Source: MLS and Trendgraphix. The data is provided for informative purposes and doesn’t imply that the authors were involved directly in these transactions.

Written by Ines Garcia | Discussion: 1 Comment »

Are You A Bank of America or Countrywide Borrower?

Good News For You…

Bank of America-CountrywideBank of America is committed to help troubled borrowers with Loan Modifications and Short Sales.

To read the complete article written by Oppenheim Law please click on the picture…

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
If you are interested in visiting this home or to find how much your home is worth, please call me at (954) 588-7260 or
contact us.

Written by Ines Garcia | Discussion: No Comments »

For-Sale-By-Owner Founder Hired a Real Estate Broker to Sell His Home!

Why Would You Try To Do It Yourself?

Screen shot 2011-08-11 at 9.11.46 PM

I think it says it all!!! Don’t leave money on the table, pay an expert to handle the sale of your home…

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
If you are interested in buying or selling, please call me at (954) 588-7260 or
contact us.

Written by Ines Garcia | Discussion: 3 Comments »

Understanding Deficiency Judgements-What Happens When You Let Your Home go to Foreclosure?

Make an Informed Decision…

When we are approached by a Homeowner who is is considering stop or already stopped paying his mortgage we recommend them to talk to a foreclosure defense attorneys to get a good understanding of what they are getting into (Actually it would be better to meet 2 or 3 to get different points of view). A few years ago most attorneys offered a free first consultation but lately we have heard that most of them charge a basic fee for that first consultation; and I find it’s just fair! Even if you have to pay, it’s important to understand the possible consequences of a short sale, a foreclosure or any other option you may be considering. It is your opportunity to ask all the questions you may have.

In our Rotary Club Meeting this morning we had Roy Oppenheim as a guest speaker and he mentioned his Law Blog. We found in his site this great video that can’t explain better what a Deficiency Judgement is and how it can affect YOU.

[youtube]http://www.youtube.com/watch?v=pvlb1QGKbt8&feature=player_embedded[/youtube]

If you are considering walking away from your home please call us at (954) 588-7260 or contact us and we can provide you with a few names of attorneys you may contact to set up that important meeting and to help you know how much your home is worth in Today’s market.
To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in-box subscribe here.

Written by Ines Garcia | Discussion: 1 Comment »

Better Times for Sellers in South Florida!

Sun-Sentinel logo 09

One of the Best Headlines I have Read in a Long Time:

Decline in South Florida homes for sale giving sellers an edge.

We as Real Estate Agents selling property in South Florida have been noticing it for many months. I am glad finally the media is helping us convey this information to buyers looking for steals. Even though there are still very good deals out there, the real estate market specially in the lowest price points and in desirable areas as Weston moves very fast and at reasonable prices.

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
If you are interested in buying or selling, please call me at (954) 588-7260 or
contact us.

Written by Ines Garcia | Discussion: No Comments »

Number of Units Sold Keeps Increasing In South Florida

South Florida Market Update as of May 2011

Ron Shuffield is EWM Realtors President and South Florida Real Estate Numbers’ Guru.

[youtube]http://www.youtube.com/watch?v=_pOBhl008gU[/youtube]

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your in box subscribe here.
If you are interested in buying or selling, please call me at (954) 588-7260 or
contact me.

Written by Ines Garcia | Discussion: No Comments »

Real Estate Drives the Economy

This interesting video pictures how many benefit from a real estate sale and how many potential jobs are created by every single transaction. It is estimated that $60,000 pumps into the economy after each sale and how many people participates in this domino effect.

[youtube]http://www.youtube.com/watch?v=xwYYEZbhitQ[/youtube]

To stay updated with what’s going on in the Real Estate Market and receive my blog posts directly to your inbox subscribe here.
If you are interested in buying or selling, please call me at (954) 588-7260 or
contact me.

Written by Ines Garcia | Discussion: No Comments »

Copyright © 2008 My Weston Florida Real Estate Blog     Log in     Design by Real Estate Tomato     Powered by Tomato Blogs