Welcome to MiamiRealEstateNow.com where you will find information on properties in Miami real estate, Brickell real estate, South Beach real estate, Miami Beach real estate, Aventura real estate and Sunny Isles beach real estate.
Now is the best time to buy a property in Miami. According to the Miami Association of Realtors and data collected for the MLS (Multiple Listing Services), sales of existing homes in Miami rose by 18% in December 2010 compared to the same period in 2009. This increase is also approximately 70% greater than the same period two years before. The increases are much stronger than both the national and statewide figures, reflecting a more impressive rebound in Miami. The increase in condominium sales rose the highest, jumping 43% from the same period the year before and 114% from 2008 price levels. Pricing is still being kept low as distressed sales from foreclosures and short sales continue to make up a majority of real estate transactions at the moment. So while prices have not risen, the increasing volume of sales has reduced the total inventory of homes by over 7.5 percent from January 2010 according to the MLS -Southeast Florida Multiple Listing Service. If this rythmn of sales continues we may continue to see drops in inventory and then prices may finally begin to rise although that rise will take time until the majority of distressed sales are able to exit the market. Vist our website for more information and specific prices www.MiamiRealEstateNow.com, where you will find properties based on your search criteria. Or call us today Toll free USA: 1 888 642 0227
I agree this is the best time to make the move into the Miami real estate market, beautiful condos, beautiful people and an international market like no other. The appeal of this great city never ends.
ReplyDeleteIt is true that due to Miami MLS Search has increased Miami real estate market as people can now find their desired property or home easily on broker websites.
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