Miami Foreclosure Listings - Broward Foreclosure Listings: July 2011

Sunday, July 31, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/31/2011

Below are the new foreclosures that just hit the market for sale in Miami-Dade and Broward County. Click on the link below to view the homes. To go from one home to the next, click on the right or left arrows in the upper left hand side of the webpage. If you click on the home's photo, it will enlarge all of its photos. Please contact me if you are interested in any of them.

Foreclosures - Single Family Homes - Miami

Foreclosures - Condos and Townhomes - Miami

Foreclosures - Single Family Homes - Broward County

Foreclosures - Condos and Townhomes - Broward County

Amit Bhuta, ABR, CNS, e-PRO, Realtor-Associate
Coldwell Banker Residential Real Estate
Serving Miami-Dade and Broward County
(305) 439-3031 Cell
(305) 412-1171 Fax
www.ReasonsToHireMe.com (Why Choose Me)
www.DadeCountyMLS.com (Website)
www.AmitsBlog.com (Blog - Web Journal)
abhuta@bellsouth.net (Email)
www.google.com/profiles/avbhuta (Google Profile)

Saturday, July 30, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/30/2011

Friday, July 29, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/29/2011

Thursday, July 28, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/28/2011

Wednesday, July 27, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/27/2011

Tuesday, July 26, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/24/2011

Monday, July 25, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/25/2011

Sunday, July 24, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/24/2011

Below are the new foreclosures that just hit the market for sale in Miami-Dade and Broward County. Click on the link below to view the homes. To go from one home to the next, click on the right or left arrows in the upper left hand side of the webpage. If you click on the home's photo, it will enlarge all of its photos. Please contact me if you are interested in any of them.

Foreclosures - Single Family Homes - Miami

Foreclosures - Condos and Townhomes - Miami

Foreclosures - Single Family Homes - Broward County (NONE)

Foreclosures - Condos and Townhomes - Broward County

Amit Bhuta, ABR, CNS, e-PRO, Realtor-Associate
Coldwell Banker Residential Real Estate
Serving Miami-Dade and Broward County
(305) 439-3031 Cell
(305) 412-1171 Fax
www.ReasonsToHireMe.com (Why Choose Me)
www.DadeCountyMLS.com (Website)
www.AmitsBlog.com (Blog - Web Journal)
abhuta@bellsouth.net (Email)
www.google.com/profiles/avbhuta (Google Profile)

Saturday, July 23, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/23/2011

Friday, July 22, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/22/2011

Thursday, July 21, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/21/2011

Wednesday, July 20, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/20/2011

Tuesday, July 19, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/19/2011

Monday, July 18, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/18/2011

Updated Statistics - Foreclosures, Short Sales, and Regular Sales

There are basically three types of sales on the real estate market today - foreclosures, short saless, and regular sales. As you probably know, a foreclosure is a home that the bank owns that the previous owner couldn't pay for, for whatever reason. A short sale is a home that is NOT owned by the bank, but the current owner owes more on it than what it is worth. They are also referred to as pre-foreclosures. What most people don't know is that probably 95% or more of these homes for sale have prices that are not approved yet. Basically the current owner that owes more on the home than the market value is hoping their bank lowers the payoff to the market value. The majority of time, the bank does NOT do this. The seller's bank won't tell the current owner how much they will lower the payoff to unless they have an offer. So basically a Realtor will put whatever price on a home they feel like putting to fish for an offer. Because of this, many people's perception of what homes are selling for are way off. The last type of sale is a regular sale. This is a transaction where the owner is not a bank, and also a transaction that a bank does NOT have to lower the payoff because the current owner owes more than the market value of the home. It is the type of sale that we have been seeing for years and years, before the real estate bubble.

Many people ask me what percentage each type of sale represents in our market (Miami-Dade and Broward County). With that said, below are the statistics.

Miami-Dade County Numbers (includes single family homes and condos/townhomes)

16,252 total homes for sale

792 foreclosures for sale or roughly 4.9% of all homes for sale

4,319 short sales for sale or roughly 26.6% of all homes for sale

11,141 regular sales for sale or roughly 68.5% of all homes for sale

Broward County Numbers (includes single family homes and condos/townhomes)

14,312 total homes for sale

850 foreclosures for sale or roughly 5.9% of all homes for sale

3,597 short sales for sale or roughly 25.1% of all homes for sale

9,865 regular sales for sale or roughly 69.0% of all homes for sale

Amit Bhuta, ABR, CNS, e-PRO, Realtor-Associate
Coldwell Banker Residential Real Estate
Serving Miami-Dade and Broward County
(305) 439-3031 Cell
(305) 412-1171 Fax
www.ReasonsToHireMe.com (Why Choose Me)
www.DadeCountyMLS.com (Website)
www.AmitsBlog.com (Blog - Web Journal)
abhuta@bellsouth.net (Email)
www.google.com/profiles/avbhuta (Google Profile)

Sunday, July 17, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/17/2011

Saturday, July 16, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/16/2011

Friday, July 15, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/15/2011

Thursday, July 14, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/14/2011

Wednesday, July 13, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/13/2011

Tuesday, July 12, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/12/2011

Monday, July 11, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/11/2011

Sunday, July 10, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/10/2011

Saturday, July 09, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/09/2011

Friday, July 08, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/08/2011

Thursday, July 07, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/07/2011

Coldwell Banker High End Expired Listings Program

Coldwell Banker recently appointed Mike Murray as its new Senior Vice President. Murray was extremely successful in the California, New York, and Connecticut real estate markets. The main reason was that he was able to teach his offices how to sell homes that couldn't sell (expired listing homes) in the high end market. The high end market is usually referred to as homes listed for sale in the top 5% price range.

Mike Murray created the Coldwell Banker High End Listings Program on June 20th of this year to work directly with 19 agents from both Miami-Dade and Broward County to work with him directly to sell these high end homes that didn't sell. He chose agents that he felt worked best with difficult to sell homes. In an earlier post, I mentioned that I was one of the nineteen agents selected to participate in Coldwell Banker High End Expired Listings Program. It's a very big honor for me because there are thousands of Coldwell Banker agents in these two counties, and in case you are unaware, Coldwell Banker sells the most homes in South Florida.

There are hundreds of homes every year that are in this high end market that don't sell, and their listing expires. Every day these homes are analyzed and the homes that have the best possible chance of selling are added to the Coldwell Banker High End Listings Program. The owners are notified of the good news via mail and asked whether they would like to have their home enrolled in the program and listed for sale. The vast majority of people take advantage of this opportunity. The few that don't, usually have gone thru changes in their life that make moving or selling their home not an option any more. After the home is enrolled, the Realtor will work directly with Mr Murray to get the home sold as fast as possible for the highest price possible.

I look forward to working with Mr Murray to help these owners that may have given up hope to sell their homes, sell their home and get to their next destination.

Amit Bhuta, ABR, CNS, e-PRO, Realtor-Associate
Coldwell Banker Residential Real Estate
Serving Miami-Dade and Broward County
(305) 439-3031 Cell
(305) 412-1171 Fax
www.ReasonsToHireMe.com (Why Choose Me)
www.DadeCountyMLS.com (Website)
www.AmitsBlog.com (Blog - Web Journal)
abhuta@bellsouth.net (Email)
www.google.com/profiles/avbhuta (Google Profile)

Wednesday, July 06, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/06/2011

Tuesday, July 05, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/05/2011

Monday, July 04, 2011

Today's New Foreclosures for Sale in Miami-Dade and Broward County - 07/04/2011

Happy Fourth of July everyone! Below are the new foreclosures that just hit the market for sale in Miami-Dade and Broward County. Click on the link below to view the homes. To go from one home to the next, click on the right or left arrows in the upper left hand side of the webpage. If you click on the home's photo, it will enlarge all of its photos. Please contact me if you are interested in any of them.

Foreclosures - Single Family Homes - Miami - NONE TODAY

Foreclosures - Condos and Townhomes - Miami

Foreclosures - Single Family Homes - Broward County

Foreclosures - Condos and Townhomes - Broward County

Amit Bhuta, ABR, CNS, e-PRO, Realtor-Associate
Coldwell Banker Residential Real Estate
Serving Miami-Dade and Broward County
(305) 439-3031 Cell
(305) 412-1171 Fax
www.ReasonsToHireMe.com (Why Choose Me)
www.DadeCountyMLS.com (Website)
www.AmitsBlog.com (Blog - Web Journal)
abhuta@bellsouth.net (Email)
www.google.com/profiles/avbhuta (Google Profile)