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| Miami Herald - ISG report sees no future condo glut |
| November 16, 2010 |
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| What condo glut?
That's what Aventura-based International Sales Group asks in a report released Friday that pooh-poohed the notion that tens of thousands of condo units would overwhelm Miami-Dade and Broward counties.
The report said 62,000 units were projected for downtown Miami alone beginning in 2005, but only 17,502 actually were built. And more than 70 percent have been sold. |
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| Sun Sentinel - Fears of South Florida condo glut were overblown, report says |
| November 15, 2010 |
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| What condo glut?
That's what Aventura-based International Sales Group asks in a report released Friday that pooh-poohed the notion that tens of thousands of condo units would overwhelm Miami-Dade and Broward counties beginning in 2005.
The report said 62,000 units were projected for downtown Miami alone, but only 17,502 actually were built. And more than 70 percent have been sold. |
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| Miami Heat's Big Three a boon to neighboring condos |
| October 24, 2010 |
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| Real estate stakeholders near Miami's arena are counting on LeBron James, Dwyane Wade and Chris Bosh to give an economic lift to neighboring buildings. Drivers making their way east on Interstate 395 toward the exit marked ``Arenas' can't help but notice the four skyscrapers towering over downtown Miami -- the highway seems to steer directly into them before curving off to the shores of South Beach.
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| Who Is Saying It is Time To Buy a Home? EVERYONE! |
| September 22, 2010 |
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| "Enough with the doom and gloom about homeownership." – WSJ 9/16/2010
WOW! If that quote was attributed to the National Association of Realtors or the National Association of Home Builders, it would have been quickly dismissed. However, it was the Wall Street Journal that was calling for the end of the 'doom and gloom' talk surrounding real estate.
We are finally seeing a powerful backlash to all the recent claims that homeownership should never have been part of the American Dream. It is about time!
We have been posting on the financial advantages and the other non-financial benefits of homeownership for over a year. We must admit that, at times, we felt very lonely. It now seems that we are part of an ever growing army of believers preaching the advantages and opportunities available in today's real estate market. Who have joined this cause? Let's name a few.
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| Wall Street Journal - 10 Reasons to Buy a Home |
| September 15, 2010 |
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| Enough with the doom and gloom about homeownership.
Sure, maybe there's more pain to come in the housing market. But when Time magazine starts running covers that declare "Owning a home may no longer make economic sense," it's time to say: Enough is enough. This is what "capitulation" looks like. Everyone has given up.
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| Fox News - Bulk Buying Real Estate |
| September 08, 2010 |
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| If you're one that loves a "steal of a deal," South Florida's real estate market is ready to love you back.
But, the big catch--and in these economic times, it's a Big Catch--you've got to have all cash. But if you do, you can buy a $50,000 condo in Miami Beach, just 2 blocks from the sand and breaking waves. Keep in mind, this is a condo that previously had sold for $172,000. And, in Miami-Dade, Broward and Palm Beach Counties, there are 6000 of these foreclosed or distressed properties on the market. |
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| International Buyers Dominate Miami Sales |
| August 11, 2010 |
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| An estimated 60 percent of home sales in South Florida these days involve a foreign buyer, according to the Miami Association of Realtors.
That's an astounding number, no matter how you analyze the real estate market. Not only are international buyers playing a key role, they are driving sales at a time when U.S. investors clearly remain wary of pulling the trigger.
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| Time ripe to buy US homes before prices rise -poll |
| April 21, 2010 |
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| NEW YORK, April 21 (Reuters) - Most consumers think U.S. homes are affordable and the time is ripe to buy as many expect prices to rise in the next year, a new survey showed on Wednesday.
U.S. home buyers remain worried about the economy. But with average home prices down about 30 percent nationally from 2006, mortgage rates low and federal tax credits still in play, more than 80 percent of buyers see this as a good time to purchase, a Century 21 Real Estate LLC poll found.
The First-Time Home Buyers and Sellers survey by the Realogy Corp. unit polled consumers who bought or sold their first home within the past year or planned to do so within the next year.
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| In Sour Home Market, Buying Often Now Beats Renting |
| April 20, 2010 |
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| In much of the country, for much of the last decade, renting a home has usually been a better financial move than buying one. It's been true in Southern California, San Francisco, Phoenix, Las Vegas and large parts of Florida, the Pacific Northwest and the Northeast. |
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| Home ownership remains a good investment |
| October 09, 2009 |
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| CHICAGO - For all the doom and gloom about the housing market, it still generally pays to own a home.
That might be a tough case to make right now to the 16 million homeowners who owe more on their mortgage than their house is worth. But history suggests the American Dream is a pretty safe bet.
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| Where will housing be in 2012? |
| June 21, 2009 |
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| Americans have not seen a boring housing market since the last millennium. You know – the average, ordinary kind of market where supply just about matches demand, prices are steady, and real estate ceases to be a topic of daily conversation. Instead, we've had six years of upside craziness followed by three years of downside terror. Now we're in a tug-of-war between those who think we've finally found a bottom and those who are convinced that the overhang of unsold homes is going to push prices considerably lower. |
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