south florida homes: How to Buy Foreclosures - 09/05/08 04:14 AM
Foreclosures come in all types of varieties these days and South Florida homes are among the markets where foreclosures have become the most prevalent. You’ve likely heard about how lucrative and affordable it can be to buy foreclosed homes if the accompanying risks are not a problem, but there is more to the process than simply picking from a list of properties. Let’s examine the three phases.
Pre-foreclosures are homes that have yet to be auctioned off but have forced the homeowner to miss a payment or two. Courthouses are a great source for finding these kinds of properties since they … (0 comments)

south florida homes: Synchronizing a Home Sale and Purchase - 07/16/08 01:20 AM
If the real estate market were in the best shape it could possibly be in, selling your South Florida home and moving into another would be as easy as taking care of the closing costs on your old home in the morning and moving into the new one that same afternoon or evening. The reality isn’t quite so pleasant, particularly when it comes to South Florida homes. In a tough market, what other options are available?
Home buying is much easier than home selling these days so there’s very little chances of finding yourself without a place to live if it … (0 comments)

south florida homes: Buying Bargain Property - 06/23/08 06:47 AM
Anyone who says buying real estate is a wise idea should temper such seemingly ridiculous enthusiasm with a healthy dose of caution. For the average person home buying can prove to be extremely risky during a time when the real estate market remains in a state of constant fluctuation and still shows no definitive signs of recovery. At the same time however, record price drops have been and continue to occur throughout many major U.S. cities and Miami happens to be one of the cities where home prices have tumbled substantially.
The fever that once turned Miami real estate into an … (3 comments)

south florida homes: Are Home Values on the Comeback Trail? - 06/17/08 03:39 AM
The real estate market continually shows encouraging rises and disappointing falls, practically removing any means of being able to make an educated guess on where it will be heading within a few months. For every rise in home sales, there appears to be yet another rise in home foreclosure and the media apparently tends to overlook the former in favor of focusing on the latter.
One of the more prominent names in determining the future of the market has been Lawrence Yun, an economist for the National Association of Realtors who consistently pops up every so often to give his latest … (3 comments)

south florida homes: Miami’s Promotional Facelift - 05/21/08 03:07 AM
Despite its abundance of arts and entertainment and an ever-growing culture practically unrivaled in South Florida, Miami has come to be known for its scantily clad bodies visible along the South Beach coastline and its 24 hour nonstop party and oftentimes venial atmosphere. While that’s by no means a bad thing and has contributed greatly to its tourism and real estate appeal, city officials feel its arts culture and prevalent design history is being overshadowed.
In an effort to highlight Miami’s abundance of art and culture as well as emphasize some of its newest attractions like the massive Carnival Center for … (0 comments)

south florida homes: Fixing the Subprime Mortgage Fiasco - 04/18/08 04:56 AM
Foreclosure: a word everyone from real estate agents to buyers, investors and unfortunately homeowners are well aware of.  Its effects have been felt in varying degrees around the country (South Florida homes being among them) and have caused concern among many who follow the real estate market and haven’t been helped much by the subprime mortgage issue.  Four proposed ideas have been suggested to try and get things back in shape; we’ll take a look at three of them for purposes of length.   Which of these has the best potential?Since the courts wield the power to decrease large debts or do … (3 comments)

south florida homes: Affordable Vacant Lots - 03/19/08 03:48 AM
Homes are still the foundation for couples starting anew or the goal for former graduates who are moving up in their careers.  Unfortunately, many news venues seem to make it a point of saying that buying, selling or even building South Florida homes is a huge mistake.  The first two options may not be the wisest move at the moment but prospective home builders may want to give the last one some thought.
Since people aren’t buying as much as they used to, there’s tons of empty acres across the state that can be bought for a reduced price.  Developers have … (0 comments)