Miami Real Estate Newsbytes
December 29, 2007 - Last month new home sales fell to their lowest level in 12 years.
December 20, 2007 - A report by RealtyTrac stated that foreclosures were down nationwide 10% in November 2007 as compared to October 2007.
December 18, 2007 - A government report this morning stated that nationwide housing construction fell to its lowest level in 16 years (since april 1991).
November 28, 2007 - In 2006, first-time home buyers accounted for 3.23 million home sales.
November 23, 2007 - A recent report by Zillow stated that 15.6% of homeowners who purchased a property in the past year, now have negative equity.
November 20, 2007 - Freddie Mac reported a 2 billion dollar loss amid a worsening mortgage crises in the USA. Subprime mortgages by unscrupulous lenders was found to be the culprit.
November 4, 2007 - Miami Beach Florida - In September 2006 there were 369 single family homes listed, and 19 hoimes sold. In September of this year, there were 427 homes for sale, and 12 homes sold.
October 17,2007 - Housing starts are down to the lowest level in 14 years according to a CNN real estate report; (see today's post on Miami Real Estate Blog).
October 2, 2007 - Pending home sales in August 2007 were the lowest on record, according to a report on CNN news.
September 25, 2007 - In August, homes sales dropped for the sixth straight month, as the housing market continued on it's downward turn.
August 20, 2007 - According to the NAR (National Association
of Realtors), sales of existing homes fell in more than 40 states in the
second quarter.
August 13, 2007 - CNN reported that approximately 70% of Americans are
home owners.
August 1, 2007 - As reported today on CNN news, and according to the National Association of Realtors, the pending home sales index is up 5% as of June, meaning that home sales are increasing nationwide.
July 23, 2007 - According to the NAR, real estate sales are at their lowest level, nationwide, since 2002.(Robin Meade CNN)
April 27, 2007 - 34% of home owners with mortgages do not know what kind of mortgage they have. (Paula Zahn CNN)
March 10, 2007 - Homes in Miami - January in Dade - 518
homes sold and 12,128 Miami
homes were listed for sale.
Feb 25, 2007 - Last year 80% of buyers used the Internet to help find a home, according to the NAR.
Feb 19, 2007 - Nearly one out of four buyers last year found
the home they wanted on the Internet, up from 2% a decade ago, according
to the NAR.
Feb 9, 2007 - Real estate in Miami Beach - 2 luxury homes sold in Miami
Beach for over $1,000,000 this year.
Feb 3,2007 - Miami Beach real estate - 46 listed homes in Miami Beach
sold in 2006 for more than $2,000,000.
Jan 20, 2007 - December - condos in Miami priced at $750,000 or higher - 3,137 condos for sale vs. 57 condos sold.
Jan 5, 2007 - Homes in Miami - November in Dade saw 692 homes sold and 11,395 Miami homes were listed for sale.
Dec 6, 2006 - Miami home sales in October - In Dade County
814 homes sold and 11,103 homes were listed for sale.
Nov 19, 2006 - Miami Beach FL real estate - 129
closings this year of Miami
Beach FL homes for $1,000,000 and up
Nov 14, 2006 - Florida real estate - Miami MLS
shows 136 Miami
homes for sale, priced at $5,000,000 and higher, in Coral
Gables, Miami Beach, Miami, Bal Harbour,
Indian Creek, and surrounding communities.
Nov 4, 2006 - 541 Miami Beach condos priced at $1,000,000 and higher are presently listed for sale.
Oct 1, 2006 - In August 2006, 2 with regards
to homes priced at $750,000 and higher, there were 2450 real
estate homes for sale in Miami FL, and 92 luxury homes sold.
Sep 21, 2006 - In the month of August, there were 10,579 real estate homes
for sale in Miami Dade County, and 705 homes
sold.
August 27, 2006 - In the month of July Miami real estate saw 2391 homes on the market for sale, compared to 85 sales, with regards to residential real estate(single family homes) priced at $750,000 and higher.
July 2, 2006 - 25 listed Miami real estate properties with sales prices over $2,000,000 have closed in the first 6 months of 2006 in zip codes 33139 - 33154
June 27,2006 - Miami real Estate - North
Bay Road - 19 luxury
homes for sale ranging from $2,995,000 to $18,900,000
June 24,2006 - 18
Miami
Beach luxury waterfront homes priced at $1,500,000 or less are presently
listed for sale
June 21, 2006 - The State of Miami Real
Estate - Miami real
estate specialist, Alex Shay, was recently interviewed by journalist
Glenn Roberts Jr. of Inman News. The following is an excerpt of his article.
June 6,2006 - Venetian Island,
Miami Beach Real Estate update
- 25 waterfront
homes for sale ranging from $2,995,000 to 9,000,000 and 5 Venetian
Island luxury waterfront homes have closed this year ranging from $2,750,000
to $4,100,000.
May 15, 2006 - 19 listed Miami real estate properties with sales prices over $2,000,000
May 5, 2006 - Miami Beach real estate - Hulk Hogan buys Miami Beach mansion for $12,000,000
May 2,
2006 - 262 Miami
Beach condos
with minimum sales price of $2,000,000 listed for sale
April 14, 2006 - 5 listed Fisher
Island residences closed in the first quarter of this year
April 7, 2006 - 11 listed
Miami real estate properties with sales prices over $2,000,000
have closed in the first quarter of this year in zip codes 33139 - 33154
April 6, 2006 - 192 Miami
Beach waterfront homes
for
sale in zip codes 33139 to 33154