5 Non lazy Reasons to Skip Remodeling Before You Sell

Home sellers often hear that if they ever hope to find a buyer, they must whip their house into perfect shape—fix this, paint that, overhaul your horribly outdated kitchen. But just looking at the list of renovations is exhausting! This leads many to wonder: Do I really need to do all thatjust to sell my home? There actually are some good reasons…READ MORE

Make a home down payment without wrecking your finances

Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly. But putting too much down could leave you without enough cash for home maintenance — or anything else. Pinpointing the right amount involves …READ MORE

Inventory was up this week with 42 active listings.
There were six (6) new listings.
Closed sales were down to 1 closed sale!
Of the 42 active listings, nineteen (19) are listed over $500,000.
Two listing are over $1,000,000.
Of the active listings thirteen (13) have had a price reduction. What does this mean? Usually, the property was overpriced from the beginning. The sellers are recognizing the market is changing. Prices are not increasing as fast as the last several years.
Sellers should not miss potential buyers and deal with increased competition.

The Miami Springs & VG markets continue to be very strong. The demand is high for properties under $400,000. There are only 8 listings under $400,000. How long will this sellers’ market last? Experts say a shift is on its way. Sellers that haven’t been able to sell their property should really evaluate their position in the market and adjust accordingly based on their circumstance. Prices remain strong. Interest rates are low.

Timing is everything

During the period of April 19th, 2019, through April 26th, 2019 there were reported 6 new listings,2 closed sales, 1 pending sale, 1 expired listing, 0 cancelled listings. There are still very good buying opportunities for buyers especially since interest rates remain very good.

Attention Sellers!

Low Inventory + Low Interest rates + Increasing prices = Sellers Market.

The Market will change. Act Now!

The table below shows the current status of the Miami Springs/VG real estate market as of Friday, April 26, 2019. All closed sales are within last 90 days.

HOW DOES YOUR HOUSE COMPARE?

*Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.

A complete list of all the properties for sale in Miami Springs or any other area of Miami-Dade County can be sent to you on regular basis. Request it at: charlie@leonardrealestategroup.com

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