There is no “one size fits all” respond. My answer will depend on your particular circumstances. Will it be your homestead (primary home), secondary home or simply an investment property that you plan to rent.
No matter what your interests are, I guess at the end we all want to know if a condo purchased today [...]
Entries from July 2008
Should I buy a condo in a building with plenty of foreclosures?
July 26th, 2008 · Comments Off
Tags: Brickell Area · Buying Real Estate · Foreclosures
“Jade Residences” - For Sale Update!
July 17th, 2008 · No Comments
I just updated the following; “Jade Residences Market Analysis Report”
Noticed that from the 71 condos active for sale, 36 are foreclosures and 35 are regular listings.
From the 71 condos active for sale, the average foreclosure listing has been discounted 42.7% vs a 27.4% discount for the average regular listing (listings not in foreclosure).
You would guess that [...]
Tags: Brickell Area · Buying Real Estate · Foreclosures
Miami Real Estate Market Presentation as of June 2008
July 16th, 2008 · No Comments
Our “Miami Real Estate Market as of June 2008″ presentations is now available.
The goods news is that residential sales have increase an average 4.9% every month since Jan. 2008 as inventories of unsold properties have also increase - but at a smaller pace - 1.5% monthly since Jan. 2008.
Although inventory keeps rising every month, the [...]
