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Posts Tagged ‘Miami Real Estate’

Mercado Residencial de Miami – Oportunidades de Inversión al 4 de mayo del 2009!

Monday, May 4th, 2009

Miami parece ser el centro del universo en lo que se refiere a las oportunidades de inversión disponibles hoy día en bienes raíces, al menos para aquellos que residen en el Caribe, Centro y Sur América.

Si usted ha estado siguiendo las noticias de la caída de los precios de las propiedades en Miami y se inclina a invertir en el mercado residencial de Miami, pero por una razón u otra todavía no se decide, le sugiero que lea detenidamente nuestro breve y mas reciente estudio titulado “Oportunidades de Compra en el Mercado Residencial de Miami“. Los datos están actualizados al 31 de marzo del 2009.

Si usted esta interesado en identificar que oportunidades existen de acuerdo a sus intereses particulares, envienos un e-mail a: michael@miamiflorida.com y/o ana@miamiflorida.com

También nos puede llamar al 305.450.0036 cel de Michael P. Schnabel o al 786.210.6578 cel de Ana M. Schnabel (Margare Báez).

Miami Real Estate Market Presentation – Just Updated as of Jan. 2009

Monday, March 9th, 2009

We just updated our Miami Real Estate Market Presentation! and we have great news to report!

The number of Residential properties listed for Sale in Miami-Dade County continues the downward trend it began last June 2008 when it seems to have peaked at 41,924.

As of January 2009 the number of Residential properties listed for Sale in Miami-Dade County was 36,418. The following chart shows every December since 2002, but it also includes January 2009:

In addition to what is listed for sale, we also need to look at the number of properties sold each year.

And although the number of properties sold in Miami-Dade County has declined every year since 2005, the change from 2007 to 2008 has raised expectations for a positive change in 2009. See the following chart:

More and more bargain hunters are asking for properties listed for sale as bank owned properties (REO’s) or Short Sales (SSL’s).

Traditional sellers (non REO’s and non SSL’s) also have become more realistic about their asking prices. Those sellers who truly need to sell, are discounting more aggressively in order to compete with REO’s and SSL’s.

If you have any questions or comments, please send me an e-mail to: michael@miamiflorida.com or call me at my mobile 305.450.0036

“The Construction Crane Indicator”

Wednesday, October 15th, 2008

Many of you have reminded me that the number of active Construction Cranes in Miami has dropped significantly in the past year or so.

Is that a reason for economic concern? Well, that depends on who you ask.

A local economist will argue that Miami’s economy is all about 3 economic activities: Tourism, Trade and Construction.

TOURISM

With the Dollar gaining strength in recent months and with the prospects of a Global Recession, Miami’s tourism will be hurt. There is no doubt about this.

TRADE

The same Global Recession will clearly hurt our trade revenues not only with our partners south of us but also with Europe and Asia.

CONSTRUCTION

There you go, is all about “The Construction Crane Indicator”.

By anyones estimate, I would argue that as far as Condos construction is concerned, an educated guess suggest we have around 20% active cranes today vs. what we had at the peak of the Condo construction boom.

So how will Miami compensate for the lack of construction economic activity.

Well, one solution is for local government to step to the plate and engage and/or sponsored construction projects. We have seen signs of this in recent months. It was done before, in the early 80′s. Can they do it again?

If you have any questions or comments, please send me an e-mail to: michael.schnabel@mac.com or call me at 305.450.0036

Don’t missed the bottom in the Real Estate markets!

Wednesday, October 15th, 2008

Unlike the Stock Market which clearly fluctuates – 20% or more, up or down in a single week – in a manner not acceptable to those with heart problems, Real Estate markets have traditionally experienced much less fluctuation in prices with few time period exceptions such as the 2001 to 2008 years.

With every market that creates a pricing bubble and consequently crashes, prices usually tend to correct well beyond the most negative expectations. And Real Estate prices today have clearly dropped well beyond anyones expectations.

That is why today we see excellent value in real estate properties. A reason why more and more investors turn their investment eye to opportunities not seen in years in the real estate markets.

And for those of you who have concluded that the Stock Markets are far to risky and volatile for your own stage in life, consider starting or adding exposure to Real Estate assets.

Real Estate as an investment is fast recapturing the traditional safe heaven spot it has been for decades.

Today we are looking at discounts from 10% to 50% or more in some extreme cases.

If you prefer to invest your hard earned funds in a stable asset class as compared to volatile and risky stock markets, look no further than Real Estate.

If you have any questions or comments, please send me an e-mail to: michael.schnabel@mac.com or call me at 305.450.0036

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