Miami, FL (PRWEB) May 10, 2016 mid-market single-family homes and condominiums registered double-digit sales growth as prices for all Miami existing properties rose for the 17th consecutive quarter, according to a new report by the MIAMI Association of REALTORS (MIAMI) and the local Multiple Listing Service systems.
"Non-distressed Miami single-family home transactions have now increased for six consecutive months. miami is also seeing strong demand at mid-price points in both existing single-family homes and condos." Median sale prices for existing Miami-Dade County single-family homes rose 12.5 percent in June to $315,000, according to the newly-released.
For the condo/townhouse market in Miami-Dade, sales surged 8.1 percent to 945 while the median sales price increased 3.5 percent to $230,000. Active listings grew 3.1 percent so the supply of inventory increased to 14.2 months. That’s a buyer’s market, with a large overhang of inventory that could make it difficult to aggressively raise prices.
Miami is also seeing strong demand at mid-price points in both existing single-family homes and condos." Median sale prices for existing Miami-Dade County single-family homes rose 12.5 percent in June to $315,000, according to the newly-released data. existing condominiums increased 7.3 percent to $220,000.
Double-digit growth in sales of Miami-Dade homes and condos.. A tiny condo in South Beach sold for $258,000 last monthA South Florida property investor owned the unit for just three months but walked away with a $96,000. Double-digit growth in sales of Miami-Dade homes a. Panama Papers.
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Miami existing condo sales increased in October and luxury home transactions posted double-digit gains as Miami real estate returned to normalcy after Hurricane Irma-related tree debris and power outages delayed inspections, appraisals and closings the past two months, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
Homes sales in Miami set a new record in 2012 and prices saw double digit growth, boosted by overseas buyers, according to the latest data from the Miami Association of Realtors. Year end sales of single-family homes in Miami-Dade County rose 7.9% compared to 2011 and condo sales were up 1.2%.
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Miami-Dade Residential sales jumped 35.7 percent year-over-year to 2,019 closings. Condo sales increased 29.5 percent to 1,041, while home sales rose by a whopping 43 percent to 978.
Information Stop: florida-mortgage-broker-school OFR Shuts Down Florida Mortgage Broker Licensing System on July 8, 2010 The Florida Office of Financial Regulation (OFR) is shutting down the Mortgage Broker Licensing system on July 8, 2010. June 11, 2010 – PRLog — This was just released by the Florida Association of Mortgage Professionals (FAMP):