Mortgage rates climb to 4.46% - a 4-year high

Mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the start of the traditional spring home buying season…..Higher mortgage rates appear to be weighing on home sales, since buyers are facing higher borrowing costs. Home purchases slumped 3.2 percent from December to January, according to the National Association of Realtors. On a yearly basis, home sales have fallen 4.8 percent, the sharpest annual decline since August 2014. READ MORE

Spring home sales could be weakest in years

Real-estate agents warn this could be one of the weakest spring selling seasons in recent years. They cite factors such as rising mortgage rates, a new tax law that reduces the incentives for homeownership, and a growing weariness among first-time buyers being priced out of the market due to an extremely tight inventory of for-sale homes in many U.S. markets.

The next few months are a housing market test. About 40 percent… READ MORE

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Discover Miami Springs!!!

I have personally known about this secret gem for over 32 years. Now, I want you to discover it. Great homes, great prices, great location.

The Current Miami Springs Market

Pending Sales have picked up to 16 this report But the inventory continues to tighten up. Prices remain strong due to limited inventory, especially for entry level homes. The Miami Springs and Virginia Gardens markets continue to be very desirable. There are still very good buying opportunities. Don’t miss out on some great properties! Interest rates remain at historically low levels.

IT IS A GOOD TIME TO BUY OR SELL

NOTE TO SELLERS: There are plenty of buyers shopping in Miami Springs and Virginia Gardens. If you have thought about selling? DO IT NOW!!

During the period of March 2, 2018 through March 9, 2018 there were 2 new listings, 2 closed sales, 7 pending sales,0 expired listings.

The table below shows the current status of the Miami Springs/VG real estate market as of Friday, March 9, 2018. All closed sales are within last 90 days.

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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843 Espanola Way

Miami Beach Florida

$1,450,000

Enjoy the South Beach Lifestyle, in Historical Espanola Way,

Close to the action but nestled on a quiet street

NEW PRICE!

Great Opportunity

TOUR

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1029 Westward Drive

Pool home

$429,000

New Listing!

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301 Deer Run

Move in Condition!

Beautiful Golf Course Views

NEW PRICE!

$929,900

Tour

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1191 Quail Ave, Miami Springs Fl

Beautiful Updated Pool Home

SOLD!

$539,900

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220 Melrose Drive

See this Brand New Home

SOLD!

$699,999

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6343 N. W. 39th Terr.

Virginia Gardens, Fl 33166

$349,900

New Listing!

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We Want to Sell Your House!

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We are committed to providing a premier level of 
service.

All aspects of your real estate experience will be accompanied by Results through exceptional Service and Honesty. From the onset of our marketing meeting, we are dedicated to achieve your goals.

We can provide you with a market

analysis so you can see how much

your property is worth.

Drop by to see us

190 Westward Drive