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Unread 05-03-2012, 05:42 PM
 
Location: Miami
39 posts, read 25,787 times
Reputation: 12
Default Real Estate Market

Well... UP OR DOWN? I know that websites like zillow and trulia are saying everything is going up up up.... are there any people in this forum that are related to the real estate market in Miami that can give there opinion?

Thanks
Aitanus
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Unread 05-03-2012, 09:53 PM
 
2,877 posts, read 2,511,691 times
Reputation: 1188
In a nutshell:

Good areas- rising

Bad areas- not much activity, stable, but only because they can't go much lower
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Unread 05-05-2012, 03:57 AM
 
Location: Miami / Florida / U.S.A.
684 posts, read 501,263 times
Reputation: 443
Quote:
Originally Posted by Aitanus View Post
Well... UP OR DOWN? I know that websites like zillow and trulia are saying everything is going up up up.... are there any people in this forum that are related to the real estate market in Miami that can give there opinion?

Thanks
Aitanus
It is going down.

Real Estate websites say it is going up because realtors own those websites and they are trying to inflate the market, again.
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Unread 05-05-2012, 02:18 PM
 
5,944 posts, read 9,711,502 times
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Like Coconut said, the good areas are rising and the not so good areas are holding stable. Miami hit bottom last summer.
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Unread 05-05-2012, 10:36 PM
 
2,877 posts, read 2,511,691 times
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Quote:
Originally Posted by doggiebus View Post
Like Coconut said, the good areas are rising and the not so good areas are holding stable. Miami hit bottom last summer.
Indeed, indeed.

Regardless of the market even, good homes have always sold.
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Unread 05-23-2012, 06:23 PM
 
58 posts, read 29,605 times
Reputation: 25
Ditto to Coconut & Doggiebus. A recent article in the So FL Biz Journal also notes that prices are up.
http://www.bizjournals.com/southflor...ices-rise.html
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Unread 05-24-2012, 03:06 PM
 
1 posts, read 319 times
Reputation: 14
Default hmm

if you look at the miami skyline all you see are cranes and these cranes built way too much during the height of the market and now they are getting foreclosed on, things are so cheap right now, especially in downtown miami if you were to buy a condo.
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