Millennials raiding their 401(k)s to buy homes

Millennials: They’ve experienced bad timing, having witnessed the devastating effects of a market downturn 10 years ago as many were approaching adulthood. But, according to the Bank of the West 2018 Millennial Study, millennials remain determined to achieve the American Dream…READ MORE

What Is an Acceleration Clause?

What is an acceleration clause? If you have a mortgage, odds are your contract includes an acceleration clause. It basically means that if you break any terms of your loan, your lender can demand "accelerated" payment. In other words, rather than paying that money back over 15 or 30 years as planned, the whole amount is… READ MORE

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service.

All aspects of your real estate experience will be accompanied by Results through exceptional Service and Honesty. From the onset of our marketing meeting, we are dedicated to achieve your goals.

The Current Miami Springs Market

The Miami Springs and Virginia Gardens markets continue to be very strong. The demand is high but the inventory remains low

This was a slow week, mainly due to the lack of affordable entry level homes.. Approximately a 4 month housing supply. There are very good buying opportunities for buyers due to very good interest rates. It really is a good time to Buy or Sell.

During the period of July 13th, 2018 through July 20th, 2018 there were 4 new listings, 2 closed sales, 3 pending sales, 0 expired listings.

The table below shows the current status of the Miami Springs/VG real estate market as of Friday, July 20th, 2018. All closed sales are within last 90 days.

HOW DOES YOUR HOUSE COMPARE?

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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