Miami is experiencing a change in its foreclosure rates. While the rates remain high in the greater parts of the city, the movement is geared towards the right direction. According to reports from CoreLogic, 13.25 percent of properties underwater in their mortgages located in Miami, Miami Beach and Kendall were still in the process of […]
The average price per square foot for single-family homes and condominiums in the Miami-Dade County had been reported to have gained quite a bump. Sales of condominiums in the Miami area, specifically Coconut Grove, range from $247 to $700. In the central portion of the neighborhood, sales average at $350 per square foot. Overall, the […]
There is no question that Chinese buyers are some of the top foreign investors in the country’s housing market. They have recently been injecting tons of dollars that helped fueled the U.S. housing recovery. Recent reports, however, also revealed that Chinese buyers, like their Latin American counterparts, are buying properties in cash. As much as […]
Miami-Dade County has been known to be one of the paragons in real estate. While the commercial sector still needs to pick up pace, the region’s housing market is seeing a lot of renewed interest ever since the past housing collapse. Nowadays, more and more buyers, especially foreign ones, are looking into what cities in […]
Miami-Dade has been known to be one of the housing frontiers of the country. Its accessibility to booming economies makes it an attractive sight and an easy target for the nouveau-riche. With recent reports of increasing home values, more and more properties, especially condominiums, are filling in the lack of inventory. Yet while condos are […]
According to the MIAMI Association of REALTORS and the local Multiple Listing Service systems, the Miami-Dade County residential real estate market continues to perform well in the first quarter after strong demand but caused limited supply especially in the lower priced areas. During the first quarter, the median sales value of condos in Miami-Dade County […]
South Florida thrives with high-rise towers that offer their own brand of luxury. Miami Beach itself is dotted with elegant condominiums with neck-braking heights and many with eye-popping price tags. Sure enough, five of such condos are listed among the most expensive four-walls in the city. Yet even with their hefty price tags, the buffet […]
News were reported that the days to process foreclosures in Florida reached an all-time high. This was despite the sudden and hasty recovery of the housing market in select cities of the state. Home valuations were also reported to have increased yet the time to foreclose a home had certainly not picked up. Recent developments […]
The housing market is slowly gaining recovery as home sales in the U.S. rose in April. An increase in 2.3 percent was reported from April to March and was adjusted to an annual rate of 454, 000, according to the Commerce Department. The adjusted rate is only just lower than the January value of 458,000. […]
Some senate members had filed for an immigration reform that could change the current face of the immigration practices in the US. The bill, in summary, would provide residency to many undocumented immigrants who arrived in the country before December 31, 2011. Currently, immigrants would have to wait for 13 years before being legally recognized […]
