MIAMI-TOPYour Dream Property ! Propriétés de rêve à Miami et environs …

As most of the country experiences record cold and generally miserable winter weather, in South Florida we continue life with beach walks in shorts and flip-flops.

With home prices in some sought-after areas of Miami rolled back to 2003 levels, there are many affordable choices for those promising themselves not to spend another winter in the cold. For your viewing pleasure we send along three options in close-in Miami suburbs at astonishingly reasonable prices.

Take a look at the attached listings.

Visit our website: MIAMI-TOP
Jane and Jean-Marie (John) Losson +1-305 924 0262
Esslinger-Wooten-Maxwell, Inc. Realtors, Inc. 

There are some positive signs in the Miami area housing market statistics. In the highly sought- after Miami Shores/ Morningside zip code (33138), the trendlines show a drop in inventory of single family homes of nearly 15 percent from October 2007 to December 2008. The number of properties sold over the same period rose by 140 percent and the pending sales rose 200 percent. The increased sales activity can be traced to major price declines. The average sales price of a single family home in 33138 declined from $524,000 to $332,000, a decrease of 64 percent.

Visit our website: MIAMI-TOP
Jane and Jean-Marie (John) Losson +1-305 924 0262
Esslinger-Wooten-Maxwell, Inc. Realtors, Inc.

Il est bien difficile de répondre de manière catégorique, mais certains indices nous paraissent plutôt positifs. Les taux d’intérêt ont baissé et continuent à baisser, les banques recommencent à prêter, bien sûr dans des conditions plus strictes que par le passé. Et signe qui lui ne trompe pas : le nombre de demandes de biens qui nous sont adressées s’est fortement accru. A cela s’ajoute la remontée du dollar - il faut se dépêcher pour profiter d’un euro (encore) fort.

Si les statistiques montrent que les prix de vente continuent de chuter, c’est - croyons-nous - principalement dû à la qualité de l’inventaire : les invendables se vendent à des prix d’invendables - extrêmement bas.

Visitez notre site internet en Français: MIAMI-TOP
Jane et Jean-Marie Losson +1-305 924 0232
Esslinger-Wooten-Maxwell, Inc. Realtors, Inc.

Miami was the life of the party during the housing boom, and now it’s got a major hangover - or make that overhang, the real estate term for how much inventory is sitting on the market and how long it’s going to take to move, given current sales levels. Miami has three years’ worth of overhang, say some experts - in other words, it’s a buyer’s market taken to the extreme.

Indeed, prices here are down 21.7% in a year, according to the S&P/Case Shiller home price index, while median condo prices fell 10% in December. Sales have nearly ground to a halt: Condo and single-family-home sales plunged 40% last year. There’s even a thriving subculture of lawyers who help panicked buyers break their preconstruction contracts. For attractive deals, look in the tony enclaves slightly to the north, like Aventura, Bal Harbour , and Sunny Isles Beach . Slightly farther inland but still close to the Miami center, Coral Gables is offering some good deals too.

But keep in mind that across the MacArthur Causeway, trendier Miami Beach still holds its cachet, especially for foreign buyers, whose exchange-rate-favored bank accounts can buy more and more by the day. As such, says market guru Guy Trusty of Lodging & Hospitality Realty, prime Miami Beach condos can fetch $1,000 per square foot, while in other parts of the city you can find new condos for $200 to $250 per square foot.

This article was published by CNN Money Fortune July 13, 2008

Visit our website: MIAMI-TOP
Jane and Jean-Marie (John) Losson +1-305 924 0262
Esslinger-Wooten-Maxwell, Inc. Realtors, Inc.

Miami qui était au coeur de l’action durant le “boom” immobilier, souffre maintenant d’une sacrée gueule de bois. La raison? La taille de l’inventaire de biens actuellement sur le marché et le temps qu’il faudra pour résorber cet inventaire - si l’on considère le volume actuel des ventes. Certains experts disent que l’inventaire disponible à Miami correspondant à trois ans de vente.

En d’autres termes, l’acheteur est plus que roi!

En effet, les prix ont chuté de 21.7% par rapport à l’année passée - selon l’index S&P/Case Shiller - tandis que le prix moyen des appartements est tombé de 10% en décembre. Les ventes sont pratiquement au point mort. Les ventes d’appartements et de villas ont chuté de 40% par rapport à l’année passée. C’est a ce point que certains avocats se sont spécialisés dans la rupture de contrats “pre-construction” signés par des acheteurs maintenant pris de panique.

Pour de bonnes affaires, examinez les régions de Aventura, Bal Harbor, Sunny Isles Beach. Un peu plus loin, Coral Gables offre d’excellentes opportunités.

Mais n’oubliez cependant pas qu’une fois traversé le McArthur causeway, le très en vogue Miami Beach a gardé son cachet, tout spécialement auprès des acheteurs étrangers, favorisés par les cours de change et le faible $. Et ils ne se privent pas d’acheter.

D’après Guy Trusty of Lodging & Hospitality Realty un excellent appartement à Miami Beach peut se vendre autour de $1,000 du ft2 (soit approximativement €6300/m2) tandis que dans d’autres quartiers de la ville, de nouveaux appartements se vendent à $200…$250 / ft2 (€1250…€1550 / m2).

Traduction d’un article paru dans CNN Money Fortune July 13, 2008

Visitez notre site internet en Français: MIAMI-TOP
Jane et Jean-Marie Losson: +1-305 924 0232
Esslinger-Wooten-Maxwell, Inc. Realtors, Inc.

Florida’s Taxation and Budget Reform Commission has proposed a reduction in property taxes by uncoupling the schools funding portion of the tax and replacing lost revenue with a penny increase in the sales tax.
Additional revenues to fund Florida schools might be raised by taxing products and services such as charter boats, symphony tickets, dry cleaning and limousines, according the Florida Association of Realtors. (FAR) Florida’s stagnant real estate market needs all available remedies, certainly including reducing the property tax, which is currently nearly 2 percent of assessed value.
In addition, the system needs to be modified to address the gross inequities in the current plan. Since the assessed values of homesteaded properties were capped at 3 percent, Florida citizens who have owned their residence for many years pay a fraction of what newer residents pay in real estate taxes for comparable property. The Commission’s proposal will be on the November ballot and should help to resuscitate Florida’s sluggish real estate market.

Visit our website: MIAMI-TOP
Jane and Jean-Marie (John) Losson 001-305 924 0262
Esslinger-Wooten-Maxwell, Inc. Realtors, Inc.