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”.

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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 a balanced market at about 30.

At Focus One Appraisal, we appraise properties for many purposes including pre-listing and prior to entering a contract.

Call us at 305-830-0520. Your local, real estate expert.

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Miami Appraiser – The Florida Housing Numbers Game

by focusoneappraisal.com on 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 don’t. Some look only at single family homes while others include the battered condominium market.

Our advice, don’t make a big decision based on a report. We analyze and appraise properties for buyers before they present an offer or decide to sell. Let us help you make an informed decision with assistance of an independent third party. Call us at 305-830-0520.

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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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Miami Appraiser – South Florida Real Estate Showing signs of stabilizing

April 7, 2010

Focus One Appraisal – According to Greater Real Estate of Miami Beach Association (RAMBA) pending home sales are showing double digit growth from the previous year as reported by CBS4. Condo under contract are up 81.5%! While single family activity rebounded by 47%.
Many believe the increased activity is in response to depressed asset pricing, continued [...]

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Miami-Dade FL Real Estate Agents: How To Turn You Business Card Into A Lead Generating Magnet!

March 23, 2010

http://www.focusoneappraisal.com/ – Miami-Dade FL Real Estate Agents: How To Turn You Business Card Into A Lead Generating Magnet!

Episode # 67: Michael Krisa shares a simple strategy that will easily make your business card generate more leads and more sales. The examples of what Michael uses are below:

 

For More Real Estate Video [...]

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Miami-Dade Property Appraiser – Dade County 2009 Property Tax Appeal Hearings to First Begin Next Month!

March 18, 2010

www.FocusOneAppraisal.com Miami Appraiser. The Miami-Dade Valuation adjustment board plans to begin hearing 2009 property appeals next month according to the Miami Today News.
2008 appeals numbered about 100,000 cases and 2009 has over 143,000 filings. Miami-Dade County has 33 special magistrates to hear the cases. The appeal filings spike began in 2007. Many believe commercial properties [...]

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Miami Dade Appraiser – Trump Fort Lauderdale Property Facing Foreclosure! Broward Real Estate Appraiser

March 16, 2010

www.FocusOneAppraisal.com The South Florida Sun-Sentinel reported that Trump International Hotel & Tower faces a foreclosure action. Many of the Trump properties in South Florida involve licensing of the Trump brand.
Plans for a 95 unit property called Trump Las Olas never materialized. There is a Trump Hollywood & several Trump properties in Sunny Isles Beach in [...]

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