In March, sales of Miami homes increased drastically as a result of the unbelievable low prices, the deadline for first-time-buyer tax credits and pent-up demand for luxury Miami real estate.
According to figures released Thursday from Florida Realtors, March sales of existing Miami homes rose to 649 at 17% increase compared to the same month last year, amid a median home price decline of 4% to $205,600. At the same time and with median prices falling 8% to $214,000, sales of Miami condos skyrocketed 58% to 835 sales.
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2 comments:
This is good information. Great post regarding real estate. Thanks for this.
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Has anyone done a short sale in Real estate? Let me know what the lenders are looking for. Anyway thanks for this great post.
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