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Florida’s Most Expensive Zip Codes | Miami Real Estate Newsletter

In real estate on October 4, 2010 at 3:51 pm

Newsletter

Eastern Miami-Dade County

and the Beaches

Newsletter Date Volume 1, Number 1
In This Issue

· Census Data on South Florida

· Most Expensive areas in Florida

· HGTV looking for First-Time Sellers

· Turkey Opportunity for Investors

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South Florida wealth down, poverty up: Census
Housing values crashed, renting became more popular and many in South Florida saw their income and wealth drop. Those are a few of the revelations in new data from the Census Bureau. Miami saw its population increase to about 433,000. “A lot of people are moving to Miami,” said Dario Gonzalez, a researcher at Florida International University’s Metropolitan Center. According to the 2009 data, the typical household income in Miami-Dade County went from $67,000 to $63,000. Broward’s income fell to $69,000. [Miami Herald]

Florida’s priciest zip codes
Miami Beach’s 33109 placed 37th on Forbes’ annual list of America’s most expensive zip codes based on home prices, with a median price of $2.295 million. Boca Grande’s 33921 zip code came in at number 118, with a median home price of $1.414 million. Rosemary Beach, Captiva and Naples ranked 165th, 167th and 190th, respectively. Last year’s most expensive zip code nationwide, 07620 in Alpine, N.J., dropped to fourth place as the median home price there fell 8 percent to $3.8 million. The number one spot was given to 91008 in Duarte, Calif., where the median price increased 24 percent to $4.2 million. [Forbes]

First Time Sellers: HGTV wants YOU

MY FIRST SALE, the popular primetime HGTV show, is looking for first-time home sellers (and their real estate agents!) in and around MIAMI and Ft. Lauderdale, FL.

We are looking for fun, high-energy people who are starting the process of selling their first place! Our cameras will be there to capture all the trials and tribulations, stress and success of prepping for sale, pricing, negotiating, and ultimately selling a home for the first time. [more]

REAAC has done it again…!

Miami Beach, Sept. 28, 2010 – Florida International University’s Alumni Chapter, Real Estate Alumni Affinity Council has done it again.

REAAC organized and hosted an event called “View from the Beaches” covering what the state of real estate and trends look like in the Downtown-Biscayne Boulevard corridor and the Beaches. “One can’t really talk about one, without mentioning the other”, said Jose Fernandez, board member of REAAC and investor. [more]

Existing Home/Condo Sales Improve in August, 2010

September numbers will soon come out and with them, we will have a much better understanding of how the Third Quarter of 2010 (Q3) has performed as compared to the last previous quarters, providing another way to evaluate our present market conditions and forecast trends.

Depending on the results of a lot of data, tax, political and economic news coming down the pike over the next 30 or so days, experts will formulate their opinions and propose possible scenarios for our future. It is my opinion that all of us must also read the data and formulate our own opinions.

Investors find Cash flow Opportunities with Turnkey Approach

Right now is the perfect time to take advantage of Mason Hill’s expertise to guide you through the maze of income property investment with almost none of the hassle.

Mason Hill focuses on an “time-tested” mathematical model that generates solid investment returns based on common sense. We focus on real estate investments that generate an annual return of 12% to 14% without leverage. Some of our properties produce a return of 20% to 26% with the right financing. Our ROI calculations are based solely on rents collected; appreciation is not a factor in these calculations. [more]

Summer is OVER

For most of us, summer is over. In South Florida, we celebrate the end of summer, the approach of the end of hurricane season and the beginning of the reason most of us live here.

If you live anywhere else, the leaves are falling and changing into beautiful colors. However, your temperatures are starting to drop and winter fast approaches.

You will now enter a period of about 9 months of bitter cold and you will seek warmth. This is the time to find warmth and Miami Beach, Downtown-Biscayne Boulevard and Brickell Avenue all offer excellent opportunities for you.

Contact us for a free, no obligation and confidential buying consultation. Whether you are looking to relocate here, buy a second home or vacation home or to just learn more.

Thank you and kind regards, J

Wenceslao Fernandez Jr, CDPE

Certified Distressed Property Expert

(Each Office Independently Owned & Operated)

1680 Meridian Avenue, Suite 101, Miami Beach, Fl 33139

O: 786-260-0735 | C: 786-306-6929 | F: 786-228-3818

Wenceslao.RealtyAgent

http://ISellMiamiBeach.Info | Search for Property in YOUR language

http://GetMyBeachCondoValue.Info / http://GetMyBeachHomeValue.Info

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