S & J Journal

Price appreciation, low mortgage rates, and declining inventories in 2013 together contributed to more bidding wars. Take a look at our Sunday, December 29, 2013 Miami Herald Neighbors page for a market outlook...

Florida Realtors gives clear reasoning on the pros and cons of renting versus buying real estate... read the article .

You might be interested in reading... Mormon church-owned company buys huge swath of Fla. Italy is stepping up its presence in Florida Investors bought 14% of U.S. homes in Sept. Report: Florida a housing market to watch in 2014

"According the National Association of Realtors (NAR), in 2012 the average Realtor made $34,000.   What's even scarier is that   Real Estate Agents   with over 16 years of experience averaged only $47,100 last year according to NAR."  

Now is the time to put your home on the market right after the first of the year, especially here in Coral Gables. A   Florida Realtors   article shows that pending sales are slowing down. The Pending Home Sales Index indicates a projection of almost 10 % higher home sales in 2014, and an 11% increase in existing home prices. Read the article.

I want to share this article with you from the  South Florida Business Journal: South Florida led the nation in all-cash home sales according to a study by RealtyTrac . Just over 70 percent of October home sales in South Florida were cash deals, the highest among the Top 50 metropolitan areas. Many of the purchasers in those deals are investors, often foreign investors, or wealthy, second-home buyers. Working families rarely have the resources to shell out cash for a home. Read article.