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logybogy

There's lots and lots of affordable housing in Miami

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Of course, whether you or I would want to live in one of these "light blue" areas is up for debate.

map1large.gif

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Wow, that's an interesting map! Thanks for posting it!

You know, with all these insanely expensive condos being built in the middle of downtown, I wonder if it will change from white to green eventually. ;)

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Of course, whether you or I would want to live in one of these "light blue" areas is up for debate.

map1large.gif

Those numbers must be from the property appraisers office, and reflect the low appreciation of homesteaded housing. Trust me, I'm a real estate agent, and there is NO over abundance of housing in the 200,000's, especially for a single family. I recently had a client looking for an APARTMENT in Carol City in the 700-900 dollar range for a ONE bedroom... guess what... it DIDN'T EXIST. 1200 was about the cheapest we could find.

You can go to the absolute worst areas in Miami and Fort Lauderdale, and you can't touch a house for under about 250,000-300,000. Sad but true. A single family house under 200,000 doesn't even exist any more. All that may be changing soon though... All the business I come across is people wanting to GET OUT OF HERE, and there is no great influx like there used to be. Be prepared for very strange things to start happening in our market very soon.

P.S. It shows my area of town as being less than 200,000! HA! 5 years ago! NOTHING in my area sells for under 300,000 and most of it sells in the mid 300,000's. The map doesn't reflect reality.

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One of the reasons that the numbers may be skewed is condos are lumped in with single-family housing. So the condos skew the averages down.

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these numbers i believe are from the miami herald,which today has a section based on the housing boom..and they give some intresting numbers,.

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Its true the map is a bit misleading but it is accurate in the sense that it shows which areas have higher priced real estate as compared to others.

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