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5 Tips for Gen X and Gen Y Home Buyers

Posted on January 28, 2013 by ecaravello in Uncategorized No Comments

People who belong to the Generation X and Generation Y demographic remain confident despite the real estate downfall. 75% of this demographic believes owning a home is an indicator of success and are willing to move back in with parents or get a second job in hopes to one day own. Here are five tips […]

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On Demand: Miami Experiences A Rental Boom

Posted on January 4, 2013 by ecaravello in Uncategorized No Comments

Miami’s real estate market continues to experience a high demand on rental properties. A 6 percent increase in the price of two-bedroom rentals to $2,568 per month indicates the consumer market is eager to shop. Miami is considered to be the hottest market from a residential perspective. More than half of the unoccupied units that […]

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Real Estate News: Greater Downtown Miami Demands More Rental Properties

Posted on December 21, 2012 by ecaravello in Uncategorized No Comments

As the economy continues to improve with the average price of a 2-bedroom jumping 6% to 2, 500 a month, Miami real estate is demanding more rental units in the greater downtown area. Two years ago most condominium towers that dominated the Miami skyline were unsold and unoccupied, since being turned into rental properties the […]

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Warren Buffet: Real Estate is Helping Economy!

Posted on November 18, 2012 by ecaravello in Uncategorized No Comments

It is the housing industry that is helping the economy these days. Another believer is our buddy! Warren Buffet. The nation’s most famous and arguably most successful investor is betting the depressed real estate market is poised for positive returns. Housing may give economy a lift It is the housing industry that is helping the […]

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New Homes In September Rose To The Highest Level In More Than Two Years

Posted on November 7, 2012 by ecaravello in Uncategorized No Comments

Reports state new homes in September have rose to the highest level in more than two years. The 5.7% increase from August to September would equal 389,000new homes sold in a year, less than half the number sold in a healthy market according to Census Bureau and Department of Housing and Urban Development. “All the […]

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Weston Florida Market Statistics

Posted on October 30, 2012 by ecaravello in Uncategorized No Comments

Weston, FL October 1, 2012 – Weston’s home resale inventories decreased slightly, with a 4 percent decrease since September 2012. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in October. The median listing price in Weston went up from September to October. There were a total of […]

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Miami’s Foreclosure Rate Fell 22.89%

Posted on October 30, 2012 by ecaravello in Uncategorized No Comments

This is great news! According to CoreLogic, the rate of foreclosures in the greater Miami area have declined in August to 16.42 percent of outstanding mortgages from 18.14 a year earlier. The foreclosure rate is the percentage of mortgages in some stage of the foreclosure process. The data firm said the rate of mortgages with delinquencies […]

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Venetian | Las Olas $2,900,000

Posted on October 30, 2012 by ecaravello in Uncategorized No Comments

Incomparable Location. Captivating Views. Unique Privacy. The four-bedroom, four-and-one-half-bath, 4,500 sq. ft. premier penthouse at The Venetian exudes the most exhilarating wrap-around views in Fort Lauderdale. This magnificent penthouse must be seen in order to fully appreciate its uniqueness. Enjoy your own private viewing of the sunrise every day from the large open-air terrace with […]

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10 Most Expensive Zip Codes

Posted on October 18, 2012 by ecaravello in Uncategorized No Comments

  Forbes has released their annual ‘Most Expensive Zip Codes in the US 2012’ list and it’s not Beverly Hills. The list was compiled with the help of Altos Research, a Mountain View, Ca based company that tracks housing data. Pulling from more than 22,000 zip codes across the U.S, the research company calculated the […]

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