Which Is The Better Investment Rental Property:
A Single-Family Home Or Apartment Building?
Investing in residential rental real estate is a great way to build wealth and diversify your portfolio. If you’re ready to plunge into rental property investing, should you buy a single-family home or an apartment building? There are four key points you should consider to assess which is the better investment: vacancy, management, maintenance and capital....READ MORE
Closing Costs for Sellers:
Common Fees Associated With
Selling Your Home
If you're monitoring the value of your home so you can sell it and reap a worthwhile profit, don't forget to factor in the closing costs for sellers into the sale price. You may be estimating that your sale price could be $350,000, which could pay off your $200,000 home loan and reap you a $150,000 profit. But before you start counting your dollars and debating the size of the down payment for your next home, you need to calculate the closing costs for the seller and you can expect to pay ….READ MORE
The Miami Springs & VG markets continue to be strong.
Inventory remained stable.
This is good for buyers and sellers
42 active listings this week, with 3 new ones
2 closed sales this week
9 listings under $400,000
25 active listings are priced over $500,000
3 properties are listed over $1,000,000. One of the Million+ properties is now a Pending Sale.
18 active listings have had a price reductions (3 this week).
What does this mean? Usually, the property was overpriced from the beginning. Thesellers 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.
During the period of September 20, 2019, through September, 27, 2019 there were reported 3 new listings, 2 closed sales, 3 pending sales, 1 active with contract, 1 expired listing, 0 cancelled listings, 2 Temp off market, 0 price reductions and 0 price increase. Interest rates remain very good. A GREAT TIME TO BUY OR SELL
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, September 27, 2019. All closed sales are within the 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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We are the Miami Springs Experts
however, we service all of South Florida
Let Us Show You How We Can Get Your Property Sold
at the Highest Possible Price
