Cheaper the Home Faster the Price Rises
While overall home price growth is beginning to moderate, lower-priced homes continue to outpace higher priced homes in appreciation, continuing to challenge young millennials interested in homeownership. Nationally, home prices rose …READ MORE
Sales Open Up
At One Of The Tallest Buildings In The World
Starting At $18 Million
Two years ago it very briefly looked like this half-completed building might have hit a few snags, but after overcoming all the major obstacles, work continued at 111 West 57th Streetand now it is nearing completion. Sales were announced about a month ago for the building, which includes some of the most expensive condos in New York City. The 7,000-square-foot penthouse has an asking price of... READ MORE
The Miami Springs and Virginia Gardens markets continue to be very strong. The demand is high for any property under $400,000, but the inventory remains low resulting in a lack of affordable entry level homes.
The low inventory and increasing interest rates will be an obstacle to first home buyers.
A shift is on the way, towards a Buyers' market!
Call us to take advantage
During the period of November 2nd, through November 9th, 2018 there were 5new listings, 0 closed sales, 2 pending sales, 0 expired listings.
The table below shows the current status of the Miami Springs/VG real estate market as of Friday, November 9th, 2018. 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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