Pending Sales

Still Underwhelm Year-Over-Year

With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index(PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent.

From May to June, activity… READ MORE

Mortgage Rates Climb…

Hovering near 7 year high

Rates for home loans surged along with the broader fixed-income market, pressuring mortgage affordability again even as housing market growth falters. The recent rate rise comes even as momentum in the housing market appears to be sputtering. Sales of previously-owned homes fell to the lowest point in…READ MORE

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The Current Miami Springs Market

The Miami Springs and Virginia Gardens markets continue to be very strong. The demand is high but the inventory remains low

Activity picked up this week, however, the lack of affordable entry level homes can present an obstacle for first time home buyers.

During the period of July 27th, 2018 through August 3rd, 2018 there was 1 new listing, 3 closed sales, 1 pending sales, 2 expired listing.

The table below shows the current status of the Miami Springs/VG real estate market as of Friday, August 3rd, 2018. All closed sales are within last 90 days.

*Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.

HOW DOES YOUR HOUSE COMPARE?

A complete list of all the properties for sale in Miami Springs or any other area of Miami-Dade County can be sent to you on regular basis. Request it at: charlie@leonardrealestategroup.com

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