I wrote these stats yesterday for Localism, however:
I thought I would put it out there to Realtors(r) as well, b/c people are still thinking, we are giving away property here in SE Florida for as low as $25,000. by the beach - I've never ever saw a property listed that low east of Federal Highway or US 1.
I can't even find anything that low in a SFH anywhere. There was one condo, which I had a customer offer on...it was up to $30K as a back-up.
We've sold a ton of inventory under $100K here in south Florida. From what I hear, the banks are getting rid of low priced inventory and hoping prices come up a little before they release the more expensive inventory.
WHAT ARE YOU SEEING IN YOUR AREA? (Sorry for writing in bold, it's easier for me to read, really not shouting.)
Miami/Dade, Broward, Palm Beach County inventory report.
Here is what is currently available and also what is available in Broward under $300,000.
Miami/Dade:
Condo's: 17103
Homes: 8996
Under $300,000.
Condo's: 10983
Homes: 4744
Broward:
Condo's: 13774
Homes: 8132
Under $300,000.
Condo's: 11092
Homes: 4319
Broward East of Federal Highway, US 1
Condo's: 1110
Homes: 4317
Palm Beach:
Condo's: 11808
Homes: 9866
Under $300,000.
Condo's: 8811
Homes: 3844
For more questions on available inventory in these counties, please call me:
Karen Monsour, Realtor, Coldwell Banker
http://www.KarenMonsour.com, 954-464-4194 cell
(Copyright© 2009 Karen L. Monsour, All Rights Reserved.)
Wow that is unbelieveable. An outsider looking in would never expect anything in Florida to sell in those prices ranges.
Add me as a facebook friend I didn't even know you had it