What’s your retirement housing strategy?

One of the most important aspects of retirement planning is making housing plans. The reality is that you need a place to live in retirement and there are a lot of different options. Furthermore, even if you decide to just keep the status quo and age in place, there are a lot of factors to consider. …READ MORE

Pending Home Sales Bounce Back 1.1% in May

The National Association of Realtors (NAR) added positive news on the housing market, revealing that pending home sales increased 1.1% in May, and three of four regions saw contract activity grow.

Lawrence Yun, Chief Economist at the NAR, attributed growth in pending sales to historically low mortgage rates. “Rates of 4% and, in some cases even lower, create extremely attractive conditions for consumers. Buyers, for good reason, are :…READ MORE

47 active listings this week ,with 3 new ones.

4 closed sales this week.

8 listings under 400,000

18 active listings are priced over $500,000.

4 properties are listed over $1,000,000.

20 active listings have had a price reduction (5 this week). What does this mean? Usually, the property was overpriced from the beginning. Thesellers are recognizing the market is changing. Prices are not increasing as fast as the last several years. Sellers should not 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. There are 8 listings under $400,000. Experts say a shift is on its way. Sellers that haven’t been able to sell their property should really evaluate their position in the market and adjust accordingly based on their circumstance. Prices remain strong. Interest rates are low. Timing is everything. If you re on the fence about selling, JUMP off and put your house on the market.

During the period of June 21, 2019, through June, 30, 2019 there were reported 3 new listings, 4 closed sales,2 pending sales, 0 active with contract, 0 expired listings, 1 cancelled listing, 5 price reductions and 0 price increases. Interest rates remain very good. A GREAT 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, June 28, 2019. All closed sales are within the 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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