Miami real estate news and information

Real Estate Ups and Downs

Since 1980, real estate has appreciated nationally (unlike many investments!).  Looking at five year increments real estate has appreciated between 25% and  89%:

1980-1985         25%

1985-1990         27% 

1990-1995         25%

1995-2000         29%

2000-2005        89%

Real estate prices, now, are dropping in all market segments.  Sales are up in the lower price ranges, below $300,000.00 .  The luxury market will  typically rebound after the lower end does.  In Miami there is a gap between asking price and selling price, for the most part. Real Estate Prices ARE DROPPING.  We are living through a CORRECTION period.   Looking to buy or sell real estate in South Florida or elsewhere?   Give me a call at 305 793-1365.  I will be pleased to help  you.

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