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Miami Real Estate Newsbytes

December 29, 2007 - Last month new home sales fell to their lowest level in 12 years.

December 20, 2007 - A report by RealtyTrac stated that foreclosures were down nationwide 10% in November 2007 as compared to October 2007.

December 18, 2007 - A government report this morning stated that nationwide housing construction fell to its lowest level in 16 years (since april 1991).

November 28, 2007 - In 2006, first-time home buyers accounted for 3.23 million home sales.

November 23, 2007 - A recent report by Zillow stated that 15.6% of homeowners who purchased a property in the past year, now have negative equity.

November 20, 2007 - Freddie Mac reported a 2 billion dollar loss amid a worsening mortgage crises in the USA. Subprime mortgages by unscrupulous lenders was found to be the culprit.

November 4, 2007 - Miami Beach Florida - In September 2006 there were 369 single family homes listed, and 19 hoimes sold. In September of this year, there were 427 homes for sale, and 12 homes sold.

October 17,2007 - Housing starts are down to the lowest level in 14 years according to a CNN real estate report; (see today's post on Miami Real Estate Blog).

October 2, 2007 - Pending home sales in August 2007 were the lowest on record, according to a report on CNN news.

September 25, 2007 - In August, homes sales dropped for the sixth straight month, as the housing market continued on it's downward turn.

August 20, 2007 - According to the NAR (National Association of Realtors), sales of existing homes fell in more than 40 states in the second quarter.

August 13, 2007 - CNN reported that approximately 70% of Americans are home owners.

August 1, 2007 - As reported today on CNN news, and according to the National Association of Realtors, the pending home sales index is up 5% as of June, meaning that home sales are increasing nationwide.

July 23, 2007 - According to the NAR, real estate sales are at their lowest level, nationwide, since 2002.(Robin Meade CNN)

April 27, 2007 - 34% of home owners with mortgages do not know what kind of mortgage they have. (Paula Zahn CNN)

March 10, 2007 - Homes in Miami - January in Dade - 518 homes sold and 12,128 Miami homes were listed for sale.

Feb 25, 2007 - Last year 80% of buyers used the Internet to help find a home, according to the NAR.

Feb 19, 2007 - Nearly one out of four buyers last year found the home they wanted on the Internet, up from 2% a decade ago, according to the NAR.

Feb 9, 2007 - Real estate in Miami Beach - 2 luxury homes sold in Miami Beach for over $1,000,000 this year.

Feb 3,2007 - Miami Beach real estate - 46 listed homes in Miami Beach sold in 2006 for more than $2,000,000.

Jan 20, 2007 - December - condos in Miami priced at $750,000 or higher - 3,137 condos for sale vs. 57 condos sold.

Jan 5, 2007 - Homes in Miami - November in Dade saw 692 homes sold and 11,395 Miami homes were listed for sale.

Dec 6, 2006 - Miami home sales in October - In Dade County 814 homes sold and 11,103 homes were listed for sale.

Nov 19, 2006 - Miami Beach FL real estate - 129 closings this year of Miami Beach FL homes for $1,000,000 and up

Nov 14, 2006 - Florida real estate - Miami MLS shows 136 Miami homes for sale, priced at $5,000,000 and higher, in Coral Gables, Miami Beach, Miami, Bal Harbour, Indian Creek, and surrounding communities.

Nov 4, 2006 - 541 Miami Beach condos priced at $1,000,000 and higher are presently listed for sale.

Oct 1, 2006 - In August 2006, 2 with regards to homes priced at $750,000 and higher, there were 2450 real estate homes for sale in Miami FL, and 92 luxury homes sold.

Sep 21, 2006 - In the month of August, there were 10,579 real estate homes for sale in Miami Dade County, and 705 homes sold.

August 27, 2006 - In the month of July Miami real estate saw 2391 homes on the market for sale, compared to 85 sales, with regards to residential real estate(single family homes) priced at $750,000 and higher.

July 2, 2006 - 25 listed Miami real estate properties with sales prices over $2,000,000 have closed in the first 6 months of 2006 in zip codes 33139 - 33154

June 27,2006 - Miami real Estate - North Bay Road - 19 luxury homes for sale ranging from $2,995,000 to $18,900,000

June 24,2006 - 18 Miami Beach luxury waterfront homes priced at $1,500,000 or less are presently listed for sale

June 21, 2006 - The State of Miami Real Estate - Miami real estate specialist, Alex Shay, was recently interviewed by journalist Glenn Roberts Jr. of Inman News. The following is an excerpt of his article.

June 6,2006 - Venetian Island, Miami Beach Real Estate update - 25
waterfront homes for sale ranging from $2,995,000 to 9,000,000 and 5 Venetian Island luxury waterfront homes have closed this year ranging from $2,750,000 to $4,100,000.

May 15, 2006 - 19 listed Miami real estate properties with sales prices over $2,000,000

May 5, 2006 - Miami Beach real estate - Hulk Hogan buys Miami Beach mansion for $12,000,000

May 2, 2006 - 262 Miami Beach condos with minimum sales price of $2,000,000 listed for sale

April 14, 2006 - 5 listed Fisher Island residences closed in the first quarter of this year

April 7, 2006 - 11 listed Miami real estate properties with sales prices over $2,000,000
have closed in the first quarter of this year in zip codes 33139 - 33154

April 6, 2006 - 192 Miami Beach waterfront homes for sale in zip codes 33139 to 33154

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