Luxury home for sale in Miami Beach, Biggest price cut

Luxury homes for sale in Miami Beach - Miami real estate

The Miami real estate property to see the biggest price cut this week was a luxury home for sale in Miami Beach.

The $2.495 million luxury home for sale in Miami Beach saw a $255,000, or 9 percent, price drop since it was originally placed on the market at $2.8 million in March. The price was last cut to $2.75 million in April.

Full Details...Luxury home for sale in Miami Beach, Biggest price cut

Pending Home Sales Rise October 2010

October Pending Home Sales - Miami Real Estate

According to a report released December 2nd by the National Association of Realtors, the number of pending home sales rose in October, showing a positive upward movement since bottoming in June. Based on contracts signed in October, the Pending Home Sales Index showed that sales rose 10.4 percent to 89.3 from September’s pending home sales.

There was a 0.4 percent increased for residential Miami real estate in October compared to pending home sales in September, according to the Miami Association of Realtors. Pending sales for Miami condos was up 0.7 percent to 5,878 for the month which was 34 percent higher than in October 2009.

Full Article....Pending Home Sales Rise October 2010