{"id":29920,"date":"2010-01-19T10:09:56","date_gmt":"2010-01-19T10:09:56","guid":{"rendered":"http:\/\/therealestatemango.com\/2010\/01\/19\/miami-herald-says-real-estate-in-south-florida-will-improve-in-2010\/"},"modified":"2019-04-23T20:54:56","modified_gmt":"2019-04-23T20:54:56","slug":"miami-herald-says-real-estate-in-south-florida-will-improve-in-2010","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/miami-herald-says-real-estate-in-south-florida-will-improve-in-2010\/","title":{"rendered":"Miami Herald Says Real Estate In South Florida Will Improve In 2010"},"content":{"rendered":"

\"Sunny<\/a>I don’t always agree with the opinions of\u00a0 the writers of the Miami Herald <\/a>but after having seen the graphs in my office meeting, this morning, I agree.<\/p>\n

We are seeing a steady decline in inventories and an uptick in buyers in the marketplace.<\/strong><\/p>\n

Why is this?\u00a0 Prices, for one.\u00a0 Prices have been lower than they have been in ten years and people who are really interested in buying can see that.\u00a0 Condos and houses that<\/strong> were beyond reach are now very affordable. Government programs, like first time buyer tax credit, are very popular and many are buying to take advantage of this offer.<\/p>\n

Townhouses in Aventura that were selling for $500 to $575 in 2005 are now selling for $350 to $375.\u00a0 Condos in Aventura that were selling for $350k in 2005 are selling for $150. <\/strong><\/p>\n

The Miami Herald predicts a 1.5% increase in sales for 2010 which may not sound like much but before this we were seeing a minus<\/strong> 2.7 % loss each year.\u00a0 Anything on the plus side is a win.<\/p>\n

Latin American economies are doing well.\u00a0 If tourism from Latin America picks up and from this influx, we can see more sales of properties, that will be a very good outcome.<\/p>\n

The only dark note is the forthcoming foreclosures that have not come into the market, yet.\u00a0 When they do, prices will dip, again but sales will be stimulated by the good prices and once this inventory is depleted, we can see some stabilization\u00a0 in the market place.<\/p>\n

The big message here, is that if you every thought of buying, now is the time.\u00a0 Nothing stays the same.\u00a0 The good deals will not last!\u00a0 Waiting is not an option.\u00a0 Look through this site for all the properties in Dade, Broward and Palm Beach counties and call me to go out shopping!!!<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

I don’t always agree with the opinions of\u00a0 the writers of the Miami Herald but after having seen the graphs in my office meeting, this morning, I agree. We are seeing a steady decline in inventories and an uptick in buyers in the marketplace. Why is this?\u00a0 Prices, for one.\u00a0 Prices have been lower than<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"\nMiami Herald Says Real Estate In South Florida Will Improve In 2010 - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/miami-herald-says-real-estate-in-south-florida-will-improve-in-2010\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miami Herald Says Real Estate In South Florida Will Improve In 2010 - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"I don’t always agree with the opinions of\u00a0 the writers of the Miami Herald but after having seen the graphs in my office meeting, this morning, I agree. We are seeing a steady decline in inventories and an uptick in buyers in the marketplace. 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