Miami-Dade Pending Home Sales Increase Nearly 13% in Two Months - 08/04/09 11:29 AM
Miami-Dade Pending Real Estate Sales Increase 13 Percent in Two Months
South Florida Data Continues to Point to Local Market Turnaround
  
Miami, FL - Pending home sales increased nearly 13 percent in just two months, from 6,390 in May 2009 to 7,197 in July 2009 in Miami-Dade County as more buyers continue to take advantage of improved affordability conditions and the first-time home buyer tax credit according to the Realtor Association of Greater Miami and the Beaches (RAMB).  All of the latest market data is evidence that the South Florida real estate market has reached bottom and began recovery.
 
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Real Estate Outlook: Case-Shiller Reports Reversing - 08/04/09 11:27 AM
by Kenneth R. Harney
When the Case-Shiller index reports that home prices have reversed course and are finally rising again, and you know that Case-Shiller has been the gloomiest, scariest-headline-producing monitor of the real estate market for the past three years -- some say: We have truly turned the corner here.

Not only are home sales up, new housing starts up, new permits up, but now the last of the doomsayers say that home prices are moving up.
For the month of June, in fact, the Standard&Poor's Case-Shiller index found prices up in 14 of the 20 major markets it … (0 comments)

Tello Team Market Area Review - July 2009 - 08/04/09 11:24 AM
Market Area: BROWARD COUNTY   Current Market Area Conditions:
   
THERE ARE CURRENTLY:
9481 SINGLE FAMILY PROPERTIES FOR SALE ON THE MLS
1264  SINGLE FAMILY PROPERTIES PENDING SALE IN THE LAST 30 DAYS
1017  SINGLE FAMILY PROPERTIES THAT CLOSED IN THE LAST 30 DAYS
  
THERE ARE CURRENTLY:
15439 CONDO/TOWNHOMES FOR SALE ON THE MLS
1287  CONDO/TOWNHOMES PENDING SALE IN THE LAST 30 DAYS
971    CONDO/TOWNHOMES THAT CLOSED IN THE LAST 30 DAYS
         
ACCORDING TO REALTY TRAC THERE ARE CURRENTLY 12,153 BANK OWNED PROPERTIES (NOT ON THE MARKET) IN BROWARD COUNTY AND 23,556 PROPERTIES IN PRE-FORECLOSURE WITH AT LEAST 1 LIS … (0 comments)