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Archive for the ‘Real Estate Market Trends’ Category

First qtr. commercial real estate index rises again, but decelerating
by Bend Weekly News Sources
http://www.bendweekly.com/Real-Estate/6297.html
Oh no! Not the commercial market too.
*Note- The commercial market is very strong in Coral Gables and is not showing any kind of let down at this time. See related post.

For professional advise on all aspects of buying or selling [...]

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For those who know the Coral Gables Market, see for yourself.
http://www.zillow.com/search/Comparables.htm?zpid=43910896
Zillow is not only off the mark but it’s zestimate is downright ridiculous. In this example, 1206 Madrid St, listed for $649,000, it uses compatibles outside Coral Gables and the ones in Coral Gables don’t come even close to the subject property. And as a result it gives this [...]

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In the great old days of real estate between 2001 and 2005 people in the know and with the means, would buy as much property as possible, finance with little or nothing down and then make the smallest allowable monthly payments. Well, that’s exactly what you are supposed to do when the going is good and prices [...]

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Because Coral Gables is a notable Reverse Mortgage Market, and is also becoming more popular throughout, I’de like to provide you a little bit more information on the subject.
Until recently Reverse Mortgages were not available for the purchase of homes.That’s changed. 
Reverse Mortgages are now being offered for both new and resale properties.  The only restriction is that [...]

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Guess what Miami? Who made top three amongst Forbes top ten list of overpriced real estate markets?
Answer: Yep! Yours truly.
We’re numero dos (#2). But I think we’re correcting ourselves though, that’s because I’ve never seen so many price reductions like I have in the last couple of months take place, and never heard so many projects and developments not [...]

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Deal or no deal!

 
The world seeks us, and according to RISMedia’s annual Power Broker Report & Survey Florida is also that land of 17,668 Realtors. I think half are from Miami-Dade and Broward.

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You make money when you buy, not when you sell-especially in today’s market. Folk’s, I see lots of opportunities everyday. In fact, recent market transitions have created more opportunities for local buyers not seen in neerly 15 years. From foreclosures to great, seductive incentives being offered to buyers, and low interest rates to large inventories.  It’s just unbelievable [...]

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The recent events (fiasco) in the sub-prime market has now maid it more difficult in obtaining financing for those with questionable credit. Buyers, unless they have great credit are going to have to come up with some money (no more zero down payment). This is great news for landlords. You are not going to have [...]

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Ever wonder what the life span of your roof is, or your appliances? wonder no more.

NAHB conducted a study that tries to determine the lifespan of home components.
Read the full story:
http://www.nahb.org/generic.aspx?genericContentID=72539
For professional advise on all aspects of buying or selling real estate, please contact me at-786-287-9272 -email:Richard@RichardRecuset.com
Richard Recuset-Multi-Million Dollar Producer-The Recuset Group

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The following is why you cant go wrong in Coral Gables, FL. Homes are still selling at about 15% of inventory per month, and it looks like things are picking up a bit here in the Gables at this time with March closings number jumping to 31%. Basically the same as last year at this time but considering today’s morbid [...]

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