Miami Shores is a wonderful very well established community. It is very centrally located and has seemed to weather this storm better than most areas. Yes, there are foreclosures and short sales here, but there are some great deals out there to be had! I just came across a property today listed at $119,900 (2bed/1ba) that sold in Jan. 2007 for $409,000. This is less than I paid for a similar property 10 YEARS ago in Miami Shores!!!!
I don't know what your price range is or what your criterion is, but you need to start looking now. I'm not saying you need to buy RIGHT NOW. But you need to start preparing yourself NOW so that when an opportunity comes along you can jump on it quickly. Let me know if you have any questions.
Short Sale & REO Specialist
p.s. Rick & Ines are also a great source!
We live, work and breathe Miami Shores. I have lived there for over 25 years and can tell you all you want to know about it. We have a special section on Miami Shores in our website at:
Compared to surrounding neighborhoods, sales are still strong and there is a price range for everyone - from modest $270,000 homes to multi-million waterfront properties. We have seen movement pick up a bit in the past 2 months and see people that were renting starting to buy and also investors moving in (which is an obvious sign of a recuperating market). But I won't lie to you, there are also a few short sales and foreclosures - but I wouldn't change Miami Shores for anything.
You will really love it here,
Values have increased so dramatically in the previous few years- it is only natural that prices stabilize. Rick and Ines, or should I say- Ines and Rick are local area specialists and can give you what I believe is the best guidance in Miami Shores. They operate http://www.Miamism.com
If I were looking in Miami Shores- that is where I would start my search!