Can you show me the apartment live? Since you cannot tour the apartment in person, the next best thing is a live video tour.
Can you send me the floor plan? If an apartment is already occupied and a live viewing is not possible, request a floor plan.
What is the closet space like? Ask for the measurements of each closet and get photos, if possible, for a better idea of the closet layout.
Where are the services (supermarkets …
Condo sales volume dropped by more than $20 million last week.
A total of 49 condos in Miami-Dade County sold for $30 million last week. That’s compared to 47 units that sold for $54 million the previous week. Condos last week sold for an average price of about $616,000 or $362 per square foot.
We would all like to own a crystal ball to look into the future and now more than ever we are asked about what’s going to happen in the next few months. Well, I am not going to be as bold as to offer my own forecast (I like to be like Switzerland: neutral ;o) but here are some meaningful insights from Noah Rosenblatt at Urban Digs, an expert and a real estate data company I trust.
WATCH THE YOUTUBE …
You’ve been able to find your perfect house even during the pandemic and you’re now ready to make an offer, congratulations! Here is some advice on how to prepare an offer without expecting surprises.
1. How low can you go?
Not as much as you would think.
“Banks have rolled out mortgage forbearance programs, so most sellers are not in immediate danger of losing their home, even if they just lost their job or their income has been significantly cut,” …
The National Association of Realtors reports that total existing-home sales dropped, nation wide, 8.5% in March. Despite the decline, home prices are still steady. The median existing-home price in March was $280,600, UP 8.0% from the same period in 2019. Total housing inventory at the end of March was down 10.2% from one year ago.
Many sellers had withdrawn their properties from the market, waiting to understand how the Covid-19 health crisis evolved, therefore limiting the choice for buyers. Some …
Condo sales in Miami-Dade County began to drop last week.
A total of 61 condos sold for $41.5 million last week, amid the coronavirus pandemic. That is compared to 102 units that sold for $54 million the previous week. Condos last week sold for an average price of about $680,000 or $397 per square foot.
The most expensive closing was at Fendi Chateau Residences in Surfside. Unit 806 sold for $6.9 million, or $1,538 per square foot, after 510 days …