What Is a Property Lien?
An Unpaid Debt That Could Trip Up Your Home Sale
Property liens are one of the most common conditions that can slow down a real estate transaction. So what exactly is a lien on a house? In general, it is a legal notice that's put on file as the consequence of an unpaid debt. When creditors want you to know that you owe them, and they mean business, they may choose to....READ MORE
These Are the Top Home Improvements
Homeowners and REALTORS® alike want new roofs and kitchens. According to the 2019 Remodeling Impact Report, released by the National Association of REALTORS® (NAR), the two projects rank as the most popular home improvement projects among both demographics.
The report, which examines homeowners' reasons for completing the projects ranked, also provides the costs and seller recovery values for many of the tasks. Although NAR regularly releases similar reports, this is the first time since….READ MORE
The Miami Springs & VG markets continue to be strong.
Inventory remained stable.
This is good for buyers and sellers
39 active listings this week, with 0 new ones
4 closed sales this week
9 listings under $400,000
18 active listings are priced over $500,000
3 properties are listed over $1,000,000. One of the Million+ properties is now a Pending Sale.
18 active listings have had a price reductions (0 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.
During the period of September 27, 2019, through October 4, 2019 there were reported 0 new listings, 4 closed sales, 2 pending sales, 0 active with contract, 3 expired listings, 1 cancelled listing, 1 Temp off market, 3 price reductions and 0 price increase. 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, October 4, 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: charlie@leonardrealestategroup.com
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