Miami Real Estate Market Itís Slowly Recovering
Miami, Florida, US - The Miami homes and condos pending sales have risen 33.7 percent in august compare to august 2009 according to Miami Association of Realtors and South Florida Multiple Listing Services.
This rise itís happening because the properties in Miami Florida are reaching the bottom price. Since 2005 most properties lost up to 50% of their value, giving to investors and first time home buyers the opportunity to become homeowners in Miami.
ďThis is the right time to buy a home or a condo in Miami. Buyers can take advantage of this down market opportunity and save thousands of dollars before the market goes up againĒ says Julio Hernandez (Miami real estate expert). (www.miamirealestatelistings.org)
The property prices are at their lowest point, and as history shows and happened many times before, the market will be changing slowly into a sellerís market, the property prices will go up and today opportunities will be all gone in the near future.
This is a great opportunity for South Florida renters that want to become homeowners. They can take a look of what it is available in todayís market; in some cases their mortgage monthly payments will be lower than their current monthly rent.
Investors and home buyers can go and check the available properties in Miami and South Florida and find more information at: www.miamirealestatelistings.org
- Contact Information
- Julio Hernandez
- Realtor Associate
- Contact via E-mail
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