Tag Archives: South Florida foreclosures

Do your homework

Make sure you do your homework if you are considering any real estate investments at this point in the cycle.  The market has shifted and most real estate agents either don’t know, or just don’t want you to know.  That’s why it is important for your to conduct your own due diligence rather than leaving […]

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Housing Bubble Update

The latest housing bubble in South Florida real estate looks like it has been leaking air.  Nearly a decade of easy money in the form of record low mortgage rates  helped create this monster and we aren’t sure how it will end.  What we do know is that these distortions cannot last forever and there is […]

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Year in review – 2018 foreclosures

Today we will do a year in review with a look at foreclosure filing activity throughout South Florida.  It’s crazy to think that ten years after the last housing bust, the delinquent mortgages still remain.  There have been a variety of foreclosure halts in South Florida over the last decade.  As a result, we continue to wrestle […]

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A tale of two markets

A tale of two markets is the title for today’s post.  We are noticing a large increase in foreclosure filings across South Florida while prices remain at multi-year highs since the financial crisis.  First, we will look at the foreclosure filings. A tale of distress The first chart today will highlight the monthly foreclosure filings […]

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Lofty numbers all around

Real estate prices remain lofty in South Florida as we move into the summer months.  The spring is usually an active season for transactions and prices are still holding up for now.  The average sale price of a single-family home in South Florida was down slightly to $521,886 and the average sale price of a […]

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What happens when the training wheels come off?

For the past seven years, abnormally low interest rates have served as “training wheels” for the U.S. economy.  They have propelled stocks, bonds and real estate prices higher.  Under normal interest rate policy, the markets would not have reached these levels without better fundamentals.   Higher interest rates may be just one of the many […]

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When real estate market sentiment shifts

When real estate market sentiment shifts, you won’t hear a bell ring or sounding of an alarm.  Today we will point out a few trends that are developing, as they may be signaling a shift in the South Florida real estate market. Residential Real Estate Market Transaction Volume For several months now we have been pointing […]

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Transaction prices, inventory and a foreclosure update for the South Florida residential real estate market

Now that 2015 is in the books, it is time to take a look at the South Florida residential market data including Miami-Dade, Broward and Palm Beach County.  Our first chart today breaks down the single-family home sales by transaction type.  The median sale prices in December were as follows: Traditional sales – $320,000 Foreclosure […]

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Transaction volume continues to slide in the Fort Lauderdale residential real estate market. Has the latest rally fizzled?

It is always important to look at the monthly data points in a chart rather than comparing year over year numbers.  Various trade groups will provide just the annual percentage increases or decreases, carefully omitting important data points to protect their positive “spin”.  In the month of November, the number of traditional single-family home sales […]

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Monitoring the developments in the South Florida real estate market and spotting trends

There is an interesting trend in South Florida real estate that may have started over the summer.  As we have discussed previously, it appears the the latest market rally off the lows may have peaked in June.  It’s time to look at a few charts that illustrate our point better.  First, here is a chart of […]

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