Blog

Real estate foreclosures aren’t a happy subject for homeowners who’ve been unable to keep up their mortgage payments and consequently have lost their home to the lender. Yet some investors do quite well buying these homes either from distressed homeowners in the pre-foreclosure stage or from lenders after the foreclosure has been effected. Both pre-foreclosures [...]

But we love THAT in South Florida. I love the small town look and interesting architecture of the condos. I recently went shopping at the new Midtown mall which, apart from a West Elm store, features very boring big box discount clothing retailers (and Target, of course). Currently there are no restaurants, cafes, boutiques or [...]

I went for a gorgeous walk this morning in beautiful Miami Shores with my dog and master Micu. After days and days of torrential down pours, it was great to see the sun and feels its warmth. As I walk past my neighbors house, I hear the “zit, zit, zit” of their sprinkler system. The [...]

This sounds kind of naughty but I am talking about the Miami real estate market ! According to the stats below, it was December 2006. I completely disagree with that date, more like July 2006 and then CRASH ! But why split hairs over 6 months. While local market price direction is largely driven by [...]

So make sure you have flood insurance EVEN if you are not in a flood zone. If your property is in flood zone X, it is very inexpensive, maybe $ 300 per year, to have flood insurance even though the lender does not require it. According to the article Citizens will not have to pay [...]

If you are that impressed with the “staged” home not to look at ceiling stains, old fuse panels, wonky flooring, maybe you should not be buying a house ! Read on

I think it will as the commercial market is pretty overpriced and returns are low and in many cases based on future rents. But the out look is still sunny for now. Please read

With assistance from economists at Fiserv (FISV), Lending Solutions, and Moody’s(MCO) Economy.com, BusinessWeek compiled a list of the best metropolitan areas for bargain homes by looking at affordability, forecasts for price appreciation and job growth, and recent price fluctuations.Here are their top picks, the median home prices in these areas and the predicted increase in [...]