Posts Tagged ‘south beach residential properties’

Has Miami’s Housing Market Hit Bottom?

Monday, June 23rd, 2008

I recently came across an interview with Jim Cramer (from Mad Money on CNBC), which I believe accurately predicts future real estate trends for the Southeast Florida housing market. For anyone considering buying Miami Beach, South Beach, or even downtown Miami waterfront properties, NOW is the time to be making offers on well priced properties.

Cramer’s Key Points:

  • Inventory is drying up & being steadily being absorbed
  • Housing starts have been down for over two years
  • New construction projects stopped two years ago
  • Florida is generally one year ahead of market trends
  • Interest Rate cuts have had a positive effect in absorbing excess inventory (at much reduced prices)

Watch Jim Cramer’s Interview Below:

“TIPS for Sellers” in Today’s Market

Tuesday, June 3rd, 2008

Some useful tips to help you sell your Miami Beach home or condo.

What Works:

  • Be willing to contribute to Buyer’s Closing Costs
  • Consider Seller Financing
  • Offer to pay for Buyer’s Mortgage Points
  • Get a Home Warranty

Gimmicks that generally DO NOT work:

  • Free Vacations
  • Free TV’s and cars
  • Non-related seller contributions

Click on the image below to watch the video

Tips for Selling Home

With a PROVEN track record of Cancelling debts, we can help you sell your Miami Beach home or condo.

Call (305) 673-3809 or email amkeer@fir.com for more info.