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Positive News about the South Florida Real Estate Market - that You Can Use Right Now!
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Greetings!
Courtesy of RAMB. . . Welcome to the latest issue of our new campaign to provide positive news about the South Florida real estate market. Here is RAMB's latest news release on the market recovery. Use this information below and links on the right when working with your buyers and sellers. RAMB's news releases are working and getting significant, positive coverage. These releases were sent to local, national, and international media.
Note: RAMB Members may use copies of content and news releases provided by RAMB in connection with their real estate business, as long as they use the following brief statement:
"Copyright RAMB, Reprinted with permission."
Would you like media exposure?
News media reporters and producers are looking for anecdotal evidence to feature in their stories. You can help us get positive information about our market out there and get great exposure for yourself.
Please email Lynda@miamire.com if you have clients looking for any type of property in South Florida (local, U.S., international, commercial, foreclosure, etc.) and willing to be featured in print, broadcast, or online media.
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Miami Existing Condominium Sales Surge 98% in November
Home Sales Increase 16 Consecutive Months
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Media Alert
December 22, 2009
CONTACT:
Lynda Fernandez, 305-468-7040 or
Teresa King Kinney, 305-468-7010
Miami, FL – In the Miami metropolitan statistical area (MSA), there was a 24 percent increase of existing single-family home sales in November 2009 compared to November 2008. The sales of existing condominiums in the Miami MSA increased a significant 98 percent compared to the same period last year. The year-to-date (January to November 2009) average monthly increase of single-family home and condominium sales in the Miami MSA is 57.4 percent and 51.4 percent respectively. Full Story
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News Release:
Miami-Dade Pending Real Estate Sales Drop Slightly Closed Sales Continue to Increase
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Media Alert January 5, 2010 CONTACT:
Lynda Fernandez, 305 468-7040 or Teresa King Kinney, 305-468-7010
Miami, FL – In Miami-Dade County, pending home sales decreased by 2.21 percent in December compared to the previous month, from 8,288 to 8,105 according to the Realtor Association of Greater Miami and the Beaches (RAMB) and Southeast Florida Multiple Listing Service. This slight decrease can be attributed to the holiday season, which traditionally results in fewer home sales. Since March 2009, when RAMB began tracking local pending sales, pending home sales have increased 43 percent as buyers have taken advantage of record-setting affordability conditions, the first-time home buyer tax credit, and a wide selection of properties to choose from. Closed sales have increased each of the last 16 months, a clear sign of the strengthening market and indicative of stabilization. Full Story
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Ft. Lauderdale Market - November 2009
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The Greater Ft. Lauderdale real estate market also continues to improve. The sales of single-family homes have increased 17 out of the last 17 months. Meanwhile, condominiums sales have increased 15 out of the last 17 months. November 2009 sales figures show a 39 percent gain for single-family homes, while condominium sales increased 103 percent.
Median sales prices, like in Miami, continue to drop in Ft. Lauderdale due to foreclosures, short sales, and mortgage fraud cases - but they also are not dropping as much as in previous months. The median sales prices in November 2009 were $182,100 for single-family homes and $86,500 for condominiums, both decreases of 21 percent.
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Remember: RAMB Members
List More, Sell More, and Make More
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RAMB Members. . .
- List more -- 28% More
- Sell more -- 47% More
- Make More -- 77% More*
*$4.7 Billion in Sales in 2008
Use this with clients and customers.
RAMB Members may use copies of content and news releases provided by RAMB in connection with their real estate business, as long as they use the following brief statement:
"Copyright RAMB, Reprinted with permission."
Not a RAMB Member?
Join as a Secondary Member for just $54 through June 30, 2010 - or transfer to RAMB Now and take advantage of all RAMB Member Services & Benefits.
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RAMB
Realtor Assoc. of Greater Miami & the Beaches
700 S. Royal Poinciana Blvd.
Suite 400
Miami, FL 33166
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