Ramesh Nyberg's Real Estate Blog

This is a crazy week--it's been very busy for me. I'm working with lots of buyers, seeing a ton of houses, and writing offers.

On top of that, I am closing on MY purchase this week as well, a 2/2 villa in Palmetto Bay that got priced so low I couldn't salivate any longer and made my move.

And... (as if I needed MORE to do) our seminar! I'm excited about this, the free real estate seminar I am doing with Brian Lewis and Joe Desanti from Circle Mortgage. This is happening on Thursday, February 26th, at 6:30pm, at the Crowne Plaza Hotel, 9100 N. Kendall Drive (right next door to Baptist Hospital), in Miami.

Make plans to come. It's only two hours, it's free, as are the sodas and coffee, and we are going to cover a lot of ground. Bring a friend or two, but if you register, it will assure you a spot. We have room for 50 attendees, and if it goes over that, the unregistered folks who come late will be turned away.

The market continues it's powerful upturn. Sales of single family homes in Miami-Dade went above 1000 for the first time in well over a year, and the inventory (unsold homes) dropped for the fourth straight month. This is outstanding. Yes, the foreclosure sub-market is fueling this activity, but the availability of low-interest and FHA mortgages is energizing buyers like we haven't seen in a while.
Case in point: the "Sweet Sixteen" on this website. I posted them as new active sales two weeks ago, and five of them are under contract. Forget the Herald, and CNN.. this is what's really happening. Make it to the seminar, will you please? and you'll hear and see more.