Maria's blog

This is the latest market update, lets take a look at this quick facts that may affect your selling or buying decision

• The local housing price correction eliminated all of the equity gained during the housing boom.
• Miami's Employment growth has eased, but remains positive.
• Miami's unemployment rate lags the national average, but has improved relative to the same period last year.
• Construction is on the rise relative to last year, suggesting that the local inventory has stabilized.
• There are nearly 9.4 prime loans for every subprime mortgage in the Miami market, which is less than the national average of 14.4 suggesting that subprimes make up a greater share of the local market than on average.

To give your property a makeover, that is not going to cost you a fortune, the first one and more important although it seem obvious it may be overlooked:

• Clean Paint and Repair

To really wow your potential buyers pay special attention to kitchen and baths, you don't need to change all the appliances.