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Investment & Vacation Homes Sales Surge

Sales of investment and vacation homes in the U.S. jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors. This trend will benefit Miami, consistently a top market for investment and vacation home purchases. Increased sales of investment and vacation homes will further strengthen the Miami market, which set a sales record in 2011, and fuel home values.

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Miami-Dade Pending Home Sales Rise 29 Percent in February

Pending sales, which are an indication of future sales, continue to trend upwards in Miami and in South Florida. The Miami real estate market continues to outperform the nation, posting strong sales that are resulting in limited supply and significant price appreciation. Rising pending sales point to continued demand, as both domestic and foreign buyers buy up local properties.

Deborah Boza-Valledor's picture

Miami Home Prices Post Strong Gains for Third Consecutive Month

Miami, FL – For the third consecutive month, Miami home prices posted strong gains in February.  The median sales price of condominiums in the Miami-Dade County surged 40.4 percent to $131,950 in February compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) system.   The median sales price of single-family homes rose 19 percent to $175,000. 

Deborah Boza-Valledor's picture

Miami-Dade Pending Home Sales Rise 29 Percent in February

Miami, FL – The total number of listings, including single-family homes and condominiums, that pended* in Miami-Dade County during the month of February increased 29 percent, from 2,872 in February 2011 to 3,695 in February 2012, and 14 percent compared to the previou

Deborah Boza-Valledor's picture

Broward County Home Prices Continue to Strengthen

Miami, FL – In February, the median sales price of single-family homes in Broward County was $180,000, up eight percent compared to February 2011, according to the 26,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) systems.  The median sales price for condominiums increased 12 percent to $75,000 compared to a year prior.  Broward County condominium prices have increased 13 out of the last 14 months.

Deborah Boza-Valledor's picture

Broward County Pending Home Sales Rise 53 Percent

Miami, FL –The total number of listings – including single-family homes and condominiums - that pended* during the month of February in Broward County increased 53 percent, up from 2,555 to 3,902 compared to a year earlier, according to the Broward Council of the 27,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) systems.  More specifically, single-family home and condominium sales that pended during the month increased

Miami Home Prices Post Strong Gains for Third Consecutive Month

For the third consecutive month, Miami home prices posted strong gains in February. The median sales price of condominiums in the Miami-Dade County surged 40.4 percent to $131,950 in February compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORS® and the local Multiple Listing Service (MLS) system. The median sales price of single-family homes rose 19 percent to $175,000.

lyndafernandez's picture

Miami Home Prices Post Strong Gains for Third Consecutive Month

For the third consecutive month, Miami home prices posted strong gains in February. The median sales price of condominiums in the Miami-Dade County surged 40.4 percent to $131,950 in February compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORS® and the local Multiple Listing Service (MLS) system. The median sales price of single-family homes rose 19 percent to $175,000.

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NAR to Hold REALTOR® Rally on Capitol Hill - May 17, 2012

NAR to Hold REALTOR® Rally

On the morning of May 17, 2012, NAR will host a REALTOR® Rally on Capitol Hill that will show elected officials that REALTORS® are more committed than ever to revitalizing the real estate market and to helping homeowners.

DanielleBlake's picture

Florida Enters $25 Billion Joint State-Federal Mortgage Servicing Settlement

February 9, 2012
Media Contact: Jenn Meale
Phone: (850) 245-0150

Florida Enters $25 Billion Joint State-Federal Mortgage Servicing Settlement

Deborah Boza-Valledor's picture

Florida’s housing sales activity higher as 2011 ends

ORLANDO, Fla. – Jan. 20, 2012 – At the close of 2011, Florida’s existing home and condominium markets reported higher sales compared to the previous year, according to the latest housing data released by Florida Realtors®.

Deborah Boza-Valledor's picture

Grab Your Passport because REALTOR.com® International is Here!

REALTOR.com has launched a new global site featuring international listings, translation services in 11 languages, and currency & unit conversion features. Realtor.com® International increases the exposure of agents' listings currently on REALTOR.com® to global buyers and strengthens the site's presence in international markets. NAR continues to work with its global partners to aggregate non-U.S. listings and in the coming months additional countries will be featured.

Deborah Boza-Valledor's picture

BP money could pay for Fla. tourism ads

WASHINGTON – Dec. 6, 2011 – A hundred miles of oyster reefs. A multimillion-dollar marketing blitz. Barrier island restoration.

Deborah Boza-Valledor's picture

UF survey: Fla. real estate experts still not excited

GAINESVILLE, Fla. – Dec.

Deborah Boza-Valledor's picture

REALTOR.com® Goes Global With Launch of International Site

realtor-logoCAMPBELL, Calif., Nov. 3, 2011  -- Today the National Association of REALTORS®, and Move, Inc.

Deborah Boza-Valledor's picture

Foreigners’ sweetener: Buy house, get a visa

WASHINGTON – Oct. 21, 2011 – Sens. Charles Schumer (D-N.Y.) and Mike Lee (R-Utah) have proposed a new type of resident visa for foreigners who spend at least $500,000 to purchase real estate in the United States. The proposal calls for at least $250,000 to be spent on a residence, while the other $250,000 could be invested in other real estate.