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:

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http://www.focusoneappraisal.com/ - Miami Dade Multi-Family Appraisers: Florida Homeowners Part Of 24 Percent With Negative Equity!

First American Core Logic has released a study which reveals that 24% of borrowers are now in negative equity territory. The article is located here with Charts and Graphs and here’s a snippet:

“According to a report released today by First American CoreLogic more than 11.3 million U.S. mortgages, or 24 percent of all mortgaged properties, are in a negative equity position meaning the borrowers owe more on their mortgage than their home is worth as of December 31, 2009.

There were approximately 600,000 more borrowers underwater on December 31, 2009 than just three months earlier. In addition, there were an additional 2.3 million mortgages approaching negative equity at the end of last year .

Together, negative equity and near-negative equity mortgages account for nearly 29 percent of all residential properties with a mortgage nationwide.

Like foreclosures, borrowers with negative equity are concentrated in five states: Nevada, which had the highest percentage of negative equity with 70 percent of all of the states mortgaged properties underwater, followed by Arizona (51 percent), Florida (48 percent), Michigan (39 percent) and California (35 percent). Among these five states the average negative equity is 42 percent of the mortgages compared with an average of 15 percent for the remaining 45 states.“

Miami Dade Multi-Family Appraisers:

George S. Kimmel
Focus One Appraisal, Inc.
Commercial & Residential Appraiser
Office: 305-830-0520
Fax: 305-572-7017
17495 NE 13th Avenue
N. Miami, FL 33162

http://www.focusoneappraisal.com/ – Miami Commercial Real Estate Appraisers: Miami home prices dip in December 2009

The South Florida Business Journal is reporting on a Case-Shiller Study For Miami Home Prices, see chart below.

The Study concludes that (snippet):

“Home prices in Miami fell 9.9 percent between December 2008 and December 2009, but slipped just 0.3 percent between November and December, according to the 20-city S&P Case-Shiller home price index.”

“Going forward, forces that will bring home prices back down are growing. Demand has dropped as a result of the first-time homebuyer tax credit expiring,” noted Patrick Newport, a U.S. economist with IHS Global Insight.”

About George Kimmel, Miami Dade Commercial and Residential Appraiser:

George S. Kimmel
Focus One Appraisal, Inc.
Commercial & Residential Appraiser
Office: 305-830-0520
Fax: 305-572-7017
17495 NE 13th Avenue
N. Miami, FL 33162