Real Estate, Community News & More from My Desk to Yours

Wednesday, September 25, 2013

Home Prices are Up 12.4%, the Highest in 7½ Years

Standard & Poor's/Case-Shiller Index reported home prices rose the most since February 2006.  Read more in the Florida Realtors article.

In Coral Gables, this figure is even higher as inventory decreases.
 
101 homes were listed for sale in the Gables in August 2013. That is down 1.9% compared to the previous month and 8.2% lower than the same time last year.

The Average Sold Price per Square Footage in August 2013 for the Gables was $297. It is up 0.3% compared to July 2013 and 11.8% higher than last year.
 
Jeannett

Tuesday, September 17, 2013

Country with the Most Web Searches for Miami Real Estate ...

Brazil.

As reported by the South Florida Business Journal, Brazil ranked highest for property searches of Miami listings for sale in August 2013.  Brazil was followed by Canada, Argentina, Colombia and Venezuela.

Among U.S. cities searching for Miami properties online, the top five were:
  1. California - Los Angeles
  2. Georgia – Atlanta
  3. New York – NYC
  4. Texas – Dallas
  5. Illinois – Chicago
Read the full article. 

NOTE: Topping visitors to our real estate blog last month are Canadians and Russians.

Thursday, September 12, 2013