Strategies of the Condo Vultures®

By
Real Estate Broker/Owner - Condo Vultures® LLC

ARCHIVED BLOG POSTS

2009 

Trying to get a better understanding about the current state of Miami's condominium market?Not sure if this is the time to buy or continue to rent? Many of the answers to these questions and others will be discussed tonight, April 28, at a seminar and networking event hosted by Condo Vultures® LL...
04/28/2009
South Florida's residential real estate market has less than 90,000 single-family houses, condominium units, and townhouses for resale, a drop of 16.6 percent since November, according to a new housing inventory report from Condo Vultures® LLC.The number of available resales in the tricounty Sout...
04/27/2009
Miami Beach's exclusive South of Fifth neighborhood in South Beach isn't even immune from the foreclosure epidemic hitting South Florida.Lenders since January have initiated foreclose proceedings worth a combined $7.4 million against five luxury Miami Beach condominium units in the exclusive Sout...
04/25/2009
Pending sales for South Florida condominium units, townhouses, and single-family houses surged by more than 4 percent in the last week, reaching 14,183 existing contracts, according to a new report from Condo Vultures® LLC.In a seven-day period ending April 20, nearly 600 residential properties o...
04/23/2009
More than 27,000 condos, townhouses, single-family houses are actively available for rent in South Florida at a median asking price of $1.25 per square foot per month, according to a new report from Condo Vultures® LLC.The attractive rental prices have spurred strong leasing activity at an averag...
04/19/2009
Nearly 1,000 more residential properties came off the market than went on in South Florida in the last seven days, dragging the total resale inventory down 1 percent to 91,000 condos, townhouses, and single-family houses, according to a new report from Condo Vultures® LLC.The decrease in resident...
04/14/2009
South Florida foreclosure actions jumped by 33 percent in the first quarter to 23,672 filings in Miami-Dade, Broward, and Palm Beach counties, according to a new report from the Condo Vultures® Foreclosure DatabaseTM.An average of 263 Lis Pendens and/or Notices of Default were filed each day in S...
04/10/2009
The number of single-family houses, condominium units, and townhouses on the market in South Florida decreased by 1.8 percent on a week-over-week basis ending April 6, according to a new report from Condo Vultures® LLC.Miami-Dade, Broward, and Palm Beach counties have a combined 92,792 resale res...
04/08/2009
More than 132,000 South Florida foreclosure filings and counting are now available in a realtime, searchable database created by the real estate consultancy Condo Vultures® LLC.The Foreclosure DatabaseTM provides the most up-to-date list of Lis Pendens and/or Notices of Default initiated in the v...
04/03/2009
Up to 36,000 single-family houses in Florida and 100,000 homes nationwide are estimated to contain the sulfur-smelling, metal tarnishing, appliance ruining, wire corroding, Chinese dry wall, according to the South Florida Sun-Sentinel.No estimates have yet been made public on the number of condom...
04/02/2009
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