cutler bay: Buyers Are Desperate - 08/29/14 11:50 PM
Buyers are desperate I can tell because of the strange things that are going on in the market. Here in South Florida we have all seen a buyer put in multiple offers at the same time. well just this week we received two offers before the house was even available for showing! The seller asked if maybe the selling price is too lower? We reassured our customer that we felt the price was accurate , and the early offer will be asking for some kind of discount for what ever reason.
Another story for the books was a REO in Cutler Bay. … (5 comments)

cutler bay: Cutler Bay, FL Market Snap shot - 03/30/08 01:06 PM
March is on the way out the door, and April is bringing in more activity. The problem of finding a buyer is starting to fade. February and March saw a pick up in the number of buys testing the waters, the number of offers also increased. The final numbers I'm sure will show an increase for this area.
The one reason I feel the buyers are out and looking is the larger number of Bank-owned properties that have showed the largest drop in market value compared to the Owner-occupied sellers. The Bank-owned properties are down from there peaks by about 30-40% while … (0 comments)

cutler bay: No stimulus package for South Florida - 03/10/08 09:26 AM
Well Congress has spoken and the Big Spending Package for South Florida is a whopping  1.6% increase or $6,700 dollars. Yes you heard that right the jumbo loans amounts have increased from $419,000 to $423,750, if you plan to borrow more then this plan to pay a higher interest rate, as much as one percent more. This maybe a good time to buy but Congress has not joined our party.
In the long run this could help slow the run away housing prices in this market. Only time will tell. Just this month for the first time in the past 24 months the … (1 comments)

cutler bay: The time is NOW!.... To look at the South Florida Market. - 02/24/08 10:11 AM
My last blog said it all with one single chart showing "The ugly picture of the market" . For the past few week the phone have been busier and the traffic has picked up some.  So I decided to to take another look at the current situation and see if there was some positives to learn for this.
 The first thing that I noticed is that the investors who were always there looks to get a steal, and tell you to call them with any great deal I may have for them.  They were now calling me asking about the same deals I told … (0 comments)

cutler bay: The ugly picture of South Florida Real Estate - 02/16/08 07:04 AM
The chart below is current as of this month. What it is showing is the number of listing on the market (Green), the average price per sale(Yellow), the number of new listings add(Red) and last the number of listing sold (Blue) in the past two year on a monthly period. Two of those line paint a very scary picture of the future, can you guess which two?
The Green line is the inventory of homes in the MLS back in June 2006 we have a inventory of about 2000 home and were closing close to 500 deals a month according to the Blue … (2 comments)

 
Chuck Mixon, Cutler Bay Specialist, GRI, CDPE, BPOR (The Keyes Company)

Chuck Mixon

Cutler Bay Specialist, GRI, CDPE, BPOR

Cutler Bay, FL

More about me…

The Keyes Company

Address: 11570 SW 72 Street, Miami, FL, 33173

Mobile: (786) 205-3648

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