Find your next Miami Florida Home or Condo. On this website you can view all the great South Florida Neighborhoods when you in the market to buy Real Estate. If you are in a hurry you can view a list of our condo buildings in Miami Condo Buildings
Reuters published an article earlier today saying that “the Obama administration is trying to push a settlement that could force the largest U.S. banks to pay for reductions in loan principal worth billions of dollars following breakdowns in mortgage servicing, The Wall Street Journal said.” Although still to early to speculate on the ramifications is [...]
According to the Wall Street Journal, the Obama administration is pushing for a minimum of 10% for the down payment of your new home. Not to bad if you consider that for 2010 the average down payment was 22%. But a far cry from those 100% financing we saw 4 and 5 years ago. However, [...]
According to a recent article publish by trulia.com, three big lenders; Wells Fargo, Bank of America and Chase originated 56 percent of last year’s business. For more information or if you have any questions or comments, please send me an e-mail to: michael@miamiflorida.com or text or call me at my mobile number 305.450.0036
Many argue that the real estate market has bottomed and moreover that in some areas we have experience a price recovery for the past year or so. If treasury yields move higher, this fragile recovery could come to halt! For more information or if you have any questions or comments, please send me an e-mail [...]
According to an article published by The Miami Herald, the average rate on a 30-year mortgage rose to 5.05% this week, the highest level since April 2010 and almost 100 basis point higher that the lowest level touched last November. If rates continue to rise, this is not welcome news for the housing recovery we [...]
According to an article published by the Wall Street Journal, cash buyers are increasingly becoming a key component of the real estate turn-around story. Cash Buyers clearly believed that real estate prices are in a bottoming process. So firm is their believe that for 2010 Cash Buyers in Miami accounted for 54.2% of all sales [...]
The Miami real estate market is certainly picking up activity. That has been the case for the past 12 to 18 months. And what is most assuring is that the pace is gaining momentum. The analogy is the heading on this blog. Those with a strong appetite for risk boarded the train 18 to 24 [...]
As you read the numbers below, one KEY number to pay attention too, is PENDING SALES. This number represents those properties that have executed contracts and are pending to close. You might refer to this number as a leading indicator of the health of the real estate market. A positive high percentage number tells you [...]
If you own a “rental property”, you need to be aware of a new law in effect for the 2011 tax year. For the 2011 tax year, the IRS requires you to issue a 1099 form to those individuals that you pay for services related to your rental property. For example the handyman and other [...]
De acuerdo con un reciente articulo publicado por El Nuevo Herald y titulado “Extranjeros Dominan Mercado de Propiedades”, extranjeros desde Canadá a la Argentina y muchos Europeos se están aprovechándose de los precios bajos disponibles hoy día en Condos en las áreas de Brickell, Downtown Miami, Biscayne Blvd., Miami Beach, Sunny Isles y Aventura, áreas [...]
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