Archive for October, 2010

Friday Fountain Photo

posted on October 8th, 2010 filed under: Fountains

Fountain at entrance to Brickell neighborhood in downtown Miami:

Miami Real Estate Photos -- Fountain -- Brickell Ave.

posted by // Comments Off on Friday Fountain Photo

Pending Home Sales Index Up Moderately, Still Low

posted on October 5th, 2010 filed under: Real Estate Market Data

The Pending Home Sales Index from the National Association of Realtors rose moderately for August 2010, but remain historically low.  The chart below shows the seasonally-adjusted annual rate (SAAR).

Pending Home Sales Index (NAR) -- August 2010 -- Chart, Graph

The depressed level of sales is obviously a result of the $8,000 government handout, which borrowed sales from the future.  But it is constructive that sales continue to advance off the low established in June.  If the government refrains from additional short-term incentives, future gains would be organic and credible.

Sales are counted as pending when contracts are signed.  A level of 100 corresponds to the average volume of contract signings in the year 2001.  The NAR notes that 2001 was the first of four consecutive record-breaking years of home sales — a disclaimer that seeks to excuse recent poor performance put the current numbers in perspective.

posted by // Comments Off on Pending Home Sales Index Up Moderately, Still Low

Q2 Review: Closed Sales in Coral Gables Real Estate, Zip Code 33146

posted on October 4th, 2010 filed under: Properties in Focus, Real Estate Market Data

The table below reports closed sales of single-family homes in zip code 33146, Coral Gables, FL.  Recently closed sales are the principal guide to current property values in a local real estate market.

Coral Gables Real Estate -- Closed Sales -- Single-Family Homes -- Zip Code 33146 -- 2Q10Because The Real Estate Fountain focuses on mid-range to luxury properties, the table excludes sales of smaller homes on smaller lots.

6311 Leonardo St.

6311 Leonardo St.

Data are from tax records, and thus are not limited to MLS transactions.

6505 Caballero Blvd.

6505 Caballero Blvd.

Data are believed accurate but not warranted.

4949 San Amaro Ct.

4949 San Amaro Ct.

posted by // Comments Off on Q2 Review: Closed Sales in Coral Gables Real Estate, Zip Code 33146

Friday Fountain Photo

posted on October 1st, 2010 filed under: Fountains

Photo of fountain in yard of private home in north Coral Gables.

Coral Gables Real Estate Photos -- Private Fountain -- North Gables

posted by // Comments Off on Friday Fountain Photo

  • Page 2 of 2
  • <
  • 1
  • 2