Quiz: Are You Really Ready to Sell Your House?
Are you ready to sell your house? Sure, you may thinkyou're ready. In fact, you may be dying to move right now, either because you outgrew your space, got a sweet new job in another city, or are tired of condo life and have always dreamed of inhabiting a huge Victorian instead.
Whatever your reason for feeling good and ready to sell your house, that doesn't mean you're really ready. Meaning: Do you know everything you ... READ MORE
‘The Bottom Is Here’: Surprise Drop in Mortgage Rates
Swings in mortgage rates can sometimes make or break your home-buying prospects. When rates rise, it can squeeze your house budget to its limit and force you to reevaluate your plans. And when rates fall, you’re in a better position to qualify for loan amount that gets you the dream house.
An unexpected drop in mortgage rates in late 2018 has …READ MORE
Great market activity this past week. The most activity in a week in a long time. I still see many active listings that have had a price reduction. What does this mean? Usually, the property was overpriced from the beginning. The sellers are recognizing the market is changing. Prices are not increasing as fast as the last several years. Sellers don’t want to miss potential buyers and deal with increased competition.
The Miami Springs & VG markets continue to be very strong. The demand is high for properties under $400,000. The inventory levels are steady for the moment.How long will this sellers’ market last? A shift is on its way. Sellers should really evaluate their position in the market in order to realize a quick sale. There is a Buyer’s market waiting in the wings!
During the period of February 1, through February 8, 2019 there were 6 new listings, 4 closed sales, 4 pending sales, 0 expired listings.
There are still very good buying opportunities for buyers especially since interest rates remain very good. IT REALLY IS A GOOD TIME TO BUY OR SELL.
Attention Sellers!
Low Inventory + Low Interest rates + Increasing prices = Sellers Market.
The Market will change. Act Now!
The table below shows the current status of the Miami Springs/VG real estate market as of Friday, February 8, 2019. All closed sales are within last 90 days.
HOW DOES YOUR HOUSE COMPARE?
*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.
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: [email protected]
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