Doral Real Estate- Market Update

As of 6/10/10

**Total Distressed Single Family Homes Sold:

YEAR SHORT SALES REO
(R.E. Owned)
Total Distressed Sales
09 34 36 70
10 33 9 42 (YTD)

 

**Total Distressed Condo/Townhomes Sold:

YEAR SHORT SALES REO
(R.E. Owned)
Total Distressed Sales
2009 187 212 399
2010 100 78 178 (YTD)

Total distressed sales for 2009 = 469

Total distressed sales for 2010 as of 6/10/10 = 220

When it comes to distressed sales, this year is looking no better than last. We’ll know more by years’ end. However, bottom is nearing as distressed properties are being absorbed. This is a fantastic time to buy.

** Data is based from the (MLS) of the Real Estate board of realtors (RAMB)

Thinking of buying, selling or renting in Doral? Call the experts!

teamDoral-Richard Recuset 786-287-9272

email: Richard@teamDoral.com

 

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