Miami, Florida: Real Estate
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Posted On :
Dec-22-2010
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Article Word Count :
360
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When it comes to buying a home, new, used or even one that is in foreclosure, Miami, Florida is one of the best places to buy.
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When it comes to buying a home, new, used or even one that is in foreclosure, Miami, Florida is one of the best places to buy. Miami foreclosed homes are often in nice neighborhoods available for buyers to take advantage of. You simply have to find the foreclosure listings and take a look at them.
The climate of Miami is tropical with hot, humid summers and short, warm, drier winters. The Gulf Stream blowing through the area all the time makes the temperature mostly moderate.
The geography of Miami is that of a broad plain. It is the smallest land area of any US city. Most areas are above sea level and there are barrier islands all around the city.
The neighborhoods of Miami can be divided into four areas: North, South, West, and Downtown. The North areas include Midtown, Little Haiti, and Liberty City. South includes Coral Way, The Roads, and Coconut Grove. West areas include Little Havana, West Flagler, and Flagami. Downtown includes such areas as Brickell, Virginia Keys, Watson Island, and Port of Miami.
The city of Miami is the 42nd largest city in the United States. The fixed rate mortgages have recently risen to a high of 4.61%. The average listing price of a Miami home is $345, 808 and the median sales price is $131,900. There are over 17,000 homes in the stages of pre-foreclosure, auction, and bank-owned property in the foreclosure process. Sales prices are down from last year and the price per square foot is about $131/sq.ft. Prices here are pretty affordable as long as you have the income to go along with it. There are many nice houses that are available for sale in the Miami foreclosed homes in the areas around Miami. There are many things to see and do in the Miami, Florida area as well.
"When it comes to buying a home, new, used or even one that is in foreclosure, Miami, Florida is one of the best places to buy."
Adam Sanderson, has been working on ForeclosureWarehouse.com studying the foreclosures market, helping buyers on the finer points of Florida foreclosures.
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Article Source :
http://www.articleseen.com/Article_Miami, Florida: Real Estate_45655.aspx
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Author Resource :
Adam Sanderson, has been working on ForeclosureWarehouse.com studying the foreclosures market, helping buyers on the finer points of Florida foreclosures.
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Keywords :
Miami foreclosures, Florida foreclosures,
Category :
Finance
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Real Estate
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