MarketFocus
 
December 9, 2009
Positive News about the South Florida Real Estate Market - that You Can Use Right Now!
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 attention?
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.
News Release:

Miami Existing Home Sales Increase for
15 Consecutive Months
Local Market Areas Post Price Increases

   
Media Alert
November 23, 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 26 percent increase of existing single-family home sales in October 2009 compared to October 2008.  The sales of existing condominiums in the Miami MSA increased a significant 47 percent compared to the same period last year.  The year-to-date (January to October 2009) average monthly increase of single-family home and condominium sales in the Miami MSA is 60.7 percent and 46.7 percent respectively.  Full Story 

News Release:
 Miami-Dade Pending Real Estate Sales Increase
46 Percent in Eight Months
Pending Condominium Sales Perform better than Single-family Home
 
Media Alert
December 1, 2009

CONTACT: 
Lynda Fernandez, 305 468-7040 or
Teresa King Kinney, 305-468-7010  
 
 
Miami, FL - Pending home sales decreased by less than one-fifth of one percent in November, from 8,304 to 8,288, in Miami-Dade County for the first time in more than eight months.  In the last eight months, pending home sales have increased 45.9 percent as buyers take advantage of record-setting affordability conditions, the first-time home buyer tax credit, and a wide selection of properties to choose from according to the Realtor Association of Greater Miami and the Beaches (RAMB) and the Southeast Florida Multiple Listing Service.  This coupled with increasing closed sales each of the last 15 months is indicative of a stabilizing and constantly improving market.  Full Story 
 
Ft. Lauderdale Market - October 2009
The Greater Ft. Lauderdale real estate market also continues to improve.  The sales of single-family homes have increased 16 out of the last 16 months.  Meanwhile, condominiums sales have increased 14 out of the last 16 months.  October 2009 sales figures show a 32 percent gain for single-family homes, while condominium sales increased 68 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 September 2009 were $$211,600 for single-family homes and $83,200 for condominiums, decreases of 16 and 28 percent respectively.
Remember:  RAMB Members
List More, Sell More, and Make More 
 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."

 
Are You a RAMB Member?  Click Here to Find Out
 
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.
LMF - House Globe Keys - Mar 24 09
In This Issue
Miami  October Sales
Miami Pending Sales
Ft. Lauderdale Market
RAMB Members Make More!
Statistics & Indicators
LMF - 50 Ways - Sept. 25 09
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Realtor Assoc. of Greater Miami & the Beaches
700 S. Royal Poinciana Blvd.
Suite 400
Miami, FL 33166