are showing signs of coming off extreme lows, Jim Woodard, real estate syndicated writer, says, and that includes Miami, Portland, Memphis and Salt Lake City. Completed foreclosures for 2011 totaled 830,000, compared to 1.1 million in 2010, partly because of improved distressed clearing ratio (servicers increased and streamlined rate of processing distressed assets). We now have the lowest home-owner vacancy rate since early 2006. Coral Gables had 9 distressed closings in the month of February, with an average price of $430,444, or $192.94 per SF. Know the market, ignorance is expensive. Call Sheryl DiCarlo 305.332.3256 before your next real estate move.
