Real estate blog entries tagged with single family homes by Carlos Ruiz de Quevedo, AIA (Esslinger Wooten Maxwell, Inc.)

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Home : Blogs : Carlos Ruiz de Quevedo, AIA : Carlos Ruiz de Quevedo, AIA's Blog : Tag "single family homes"

single family homes: Did Miami's real estate market reach bottom? - 05/21/08 01:00 PM

The real estate market in Greater Miami, may have already bottomed out in December '07. As we look at single family properties, we see that inventories continued to climb slowly but pended sales appear to have hit bottom in December. Consequently closed transactions reached their lowest point in January '08. Since that time pended sales have been climbing and so have the sold or closed sales.
Actual closed sales transaction take about 60 days to be fully recorded and communicated to the local Boards. So based on previous months we see that about 75% of pended sales may close in the following months. … (6 comments)

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Carlos Ruiz de Quevedo, AIA

Coral Gables, FL

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Esslinger Wooten Maxwell, Inc.

Address: 550 South Dixie Hwy, Second Floor, Coral Gables, Fl, 33146

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