WHY LETTING GO OF A PROPERTY CAN BE SO HARD
A home can be many things: a personal oasis, an investment, a familial homestead—and a massive emotional and financial anchor. A property can become a burden, especially when it comes to selling a home as a result of death, divorce, financial setback, or a need to downsize.
Letting go of a property can turn into a marathon rather than a sprint.
Some people take months, if not years to sell, while the emotional weight continues to pile up (along with the bills). Why do some sellers get stuck? Unresolved issues around letting go of a home can make it difficult for them to move forward.
“In these cases, sellers can sabotage the deal, because they can’t get out of their own way,” says Giovanni Maramonte, a realtor associate at KW City Life Realty in Hoboken, NJ.
Could you be sabotaging your sale? Here are four questions to ask yourself to see if you’re too emotionally attached to a home—and what to do about it if the answers are yes..…READ MORE
Join us this October at the Manor of Fear:
All are welcome, none shall escape.
October 7-31, 2021
500 Deer Run
Miami Springs, FL
Tickets available from 6-11pm. GET YOUR TICKETS EARLY!
The Current Miami Springs Market
A GREAT TIME TO SELL!
There are 19 active listings in the MS/VG market. The inventory remains low. It has fluctuated in the last month between 18-22 listings, making for a very tight market for Buyers. This is reflected in the decrease of pending sales. Prices remain very strong in Miami Springs and Virginia Gardens. There are many qualified Buyers, but the market is still favorable for Sellers. The Buyers are out there—sell now! Please refer to the articles posted on our website.
Fifteen (15) listings are priced over $500,000. Four (4) properties are listed over $1,000,000. Four (4) active listings have had a price reduction (0 this week). We remain in a strong Sellers' market with high demand. The market will change! Increased inventory is on the horizon, with increased foreclosures coming later this year.
MULTIPLE OFFERS CONTINUE AND LISTINGS KEEP SELLING OVER LIST PRICE!!
Mortgage interest rates continue to remain historically low, and there are serious Buyers. Timing is everything! The demand is high, especially for properties under $400,000. There is one (1) listing under $400,000–an unapproved short sale. This lack of inventory makes it difficult for most first-time Buyers. Competition from multiple offers have become quite common. Three (3) properties are priced between $400,000-$500,000; four (4) properties are priced between $500,000-$600,000; three (3) properties are priced between $600,000-$700,000; one (1) property is priced between $700,000-$800,000; three (3) properties are priced between $800,000-$900,000; and four (4) properties are priced over $1 million.
SELLERS, THIS IS YOUR MOMENT!
Low Inventory + Low Interest Rates = Seller's Market.
SELL NOW!
During the period of October 15, 2021 through October 22, 2021, there were reported 1 new listing, 4 closed sales, 2 pending sales, 1 active with contract, 0 expired listings, 0 cancelled listings, 0 Temp off market, 0 price reductions, and 1 price increase.
HOW DOES YOUR HOUSE COMPARE?
The table below shows the current status of the Miami Springs/VG real estate market as of Friday, October 22, 2021. All closed sales are within the 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.
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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