Realty Biz

MAY 21, 2023

Last Year; Impacting Sales Miami total home sales decreased 35.5% year-over-year in April 2023, from a historic 3,445 transactions in April 2022 to 2,222 in April 2023, because of rising mortgage rates, the recent banking crisis and lack of supply in certain price points. In 2009, distressed sales comprised 70% of Miami sales.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Realty Biz

MARCH 21, 2023

Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 0.9% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 1.6% In 2009, distressed sales comprised 70% of Miami's sales. in February 2022.

Sales 101

Sales MLS Short sale Residential 101

Realty Biz

DECEMBER 26, 2022

Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.7% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 0.8% In 2009, distressed sales comprised 70% of Miami's sales. in November 2021.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

SEPTEMBER 23, 2021

of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 3% in August 2020. In 2009, distressed sales comprised 70% of Miami sales. Total Miami distressed sales decreased 41.6% Short sales and REOs accounted for 0.5%

Sales 104

Sales Fixed-rate mortgage Short sale Equity 104

Realty Biz

JUNE 24, 2022

Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, lower than the 1.7% In 2009, distressed sales comprised 70% of Miami sales. in May 2021.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

McKissock

JULY 21, 2021

If it’s going to be a mortgage, and the prospect hasn’t talked to a lender yet, that’ll be our next step: go to a bank see what products they offer. A prospective client might have recently had to short-sell a home to get out of an underwater mortgage; in some cases, they may have gone through a foreclosure. Article by Joseph Dobrian.

Purchase and sale agreement 52

Purchase and sale agreement Finance Mortgages Agents 52

Marco Santarelli

AUGUST 27, 2020

Redfin, a real estate brokerage, reported that 42.3% Las Vegas Realtors reported that short sales and foreclosures combined accounted for 2.7% of all existing local property sales in January 2020. of all sales one year ago, 4.3% These so-called distressed sales accounted for just 1.2 from March and up 18.4%

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128