Serving and Covering Luxury Condos in Miami Beach, Surfside, Bal Harbour, Bay Harbor Islands, Sunny Isles, Aventura, Hallandale, Hollywood.



Wednesday, June 29, 2011

Southeast Florida Home Prices Lowest Since Crash






It’s been a long time since we last blogged but it is not because we haven’t been thinking of you, it is because we have been really busy!!!

Real Estate in South Florida has taken off again and Buyers are back. In fact over the last week we were out with two new buyers and it was almost impossible to find them a house to show. This time last year, we would have had 7 or 8!!!

Inventory of houses on Miami Beach are at a low…hey SELLERS if you have a property to sell on Miami Beach, give us a call at 786-333-6200 or shoot us an email to debra@golanteam.com (saying thanks in advance!)

But don’t just take our word for it…

South Florida home prices in March hit their lowest level since the real estate crash!

Prices for Palm Beach, Broward and Miami-Dade counties were down 6 percent from the previous year and a staggering 51 percent from their peak in December 2006, according to the Standard & Poor's/Case-Shiller price index, which was released Tuesday

You can read the full article in the Palm Beach Post . Whatever the news you read, the truth is in the numbers…Buyers are out, properties are selling and inventory is lowering.


Over the next several blogs we will discuss inventory stats in closer detail.


Meanwhile, we wish you a wonderful and happy july 4th holiday and we will back at the blog next week.