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Gregory Gabriel's Blog

By Century 21 King Realty | Agent in North Miami Beach, FL
  • Miami Foreclosure is insane

    Posted Under: Foreclosure in Miami-dade County  |  February 6, 2014 11:12 PM  |  151 views  |  No comments
    There are currently 53,582 properties in Miami, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 3,890.

    In December, the number of properties that received a foreclosure filing in Miami, FL was 32% lower than the previous month and 35% lower than the same time last year.

    Home sales for November 2013 were up 28% compared with the previous month, and up 8% compared with a year ago. The median sales price of a non-distressed home was $232,500. The median sales price of a foreclosure home was $130,000, or 44% lower than non-distressed home sales.
  • Home Buying Frenzy

    Posted Under: Home Buying in North Miami Beach, Home Selling in North Miami Beach, Foreclosure in North Miami Beach  |  June 27, 2013 4:18 PM  |  340 views  |  No comments
    HOME-BUYING FRENZY: STRONG DEMAND COLLIDES WITH SCARE INVENTORY- MIAMI HERALD

 
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