According to MSNBC, Naples, Miami and Fort Lauderdale are forecasted to experience further real estate price drops by 2012 of 16.6%, 13% and 11.1%. The analysis used looks at a combination of housing indicators of 380 cities across the US as well as unemployment figures.

Naples took the number one slot on the list while Miami and Fort Lauderdale took sixth and tenth respectively.

When buying real estate in the current market, you need more than appraisal. You need REAL information on the whole market. Call us for properties in Miami-Dade and Broward Counties. 305-830-0520

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foreclosure

According to the Miami Herald, foreclosure filings in Miami-Dade and Broward Counties are down 53.7% and 71% respectively. Earlier this year, two major foreclosure law firms have left the business and there are a number of foreclosure prevention programs which are both adding to a decrease in filings.

Call Focus One Appraisal if you intend on purchasing, selling or need advice on investing in South Florida. We are your LOCAL real estate expert. Tel; 305-830-0520

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Miami Real Estate Appraisal, Miami Herald:”S. Fla. home values continue to slip”

February 9, 2011

According to the Miami Herald article posted today, data from Zillow reflects a 15.4% drop in values over the past 12 months for Broward and Miami-Dade Counties. Since the housing peak in 2006, they estimate values have fallen nearly 55% in South Florida.
Remember, every market is different. Just about every few days someone has a [...]

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FocusOneAppraisal.com – Investopedia.com Lists Do’s and Don’ts for home improvements. Miami Appraisal 305-830-0520

October 4, 2010

FocusOneAppraisal.com – Investopedia released a list of home improvements which do and don’t pay off.
Read the article at http://finance.yahoo.com/real-estate/article/110874/things-that-dont-add-value-to-your-home?mod=realestate-homeimprove
Call us at 305-830-0520 to get your property appraised by a local expert.
We appraiser properties in Broward and Miami-Dade Counties.

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Miami Real Estate Appraiser – Active Real Estate Inventory Falls Considerably since 2009

July 1, 2010

FocusOneAppraisal.com – According to Altos Research, the current active inventory in Miami is about half of what it was in January 2009, when they believe it was “the bottom of the burst”.

Image: Courtesy of Altos Research
The research company also provides market indicators. One of them, the Market Action Index, is currently at 19.67. They report [...]

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Miami Appraiser – The Florida Housing Numbers Game

June 10, 2010

www.FocusOneAppraisal.com, The Miami Herald reported that real estate observers get confused with housing reports from various sources which many times conflict each other leaving people puzzled in which direction the market is going.
It boils down to who is providing the research and how they are calculating the numbers. Some include new construction and some [...]

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Miami Appraiser – Pending Home Sales up 6.6% in April

May 5, 2010

FocusOneAppraisal.com North Miami Beach – The Realtor Association of Greater Miami & the Beaches is reporting a jump in pending home sales of 6.6% for the month of April for Miami-Dade County.
The federal tax credit is believed to have helped, but local real estate agents are not concerned that it will soon expire.

This two-story, [...]

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Miami Appraiser – Hope for Chinese Drywall Claims

May 2, 2010

www.FocusOneAppraisal.com – The Miami Heral reported that a federal court ruled in favor of a Louisiana couple whose home that was built in 2006 had defective Chinese drywall.
The couple was awarded about $164,000 to replace the drywall and damaged appliances. The manufacturer is a German company which might appeal the ruling. The ruling can [...]

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www.FocusOneAppraisal.com – Fisher Island, an exclusive Island located near Miami Beach, not immune to Foreclosures! Miami Appraiser

April 14, 2010

Miami Appraiser – The Daily Business Review reported that 16 foreclosure were filed in 2009 for Fisher Island, the home to many high net worth individuals. So far in 2010, there has been only 1 filing. About 4% of the 750 condos on the island are in some stage of foreclosure.
The island is located just [...]

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Miami Property Appraiser – Heat star kills on field, but gets beaten in real estate!

April 8, 2010

Focusoneappraisal.com Miami Appraiser – Miami Heat star Dwayne Wade who purchased his 9,000 foot Pinecrest mansion reportedly took a $1.5 million hit in an all cash deal that recently closed.

Dwayne Wayde’s Pincrest Home
His real estate agent reported the sale at $2.5 million. His original asking price in 2007 was $8.9 million.
Guess what? His selling price [...]

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