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  • Price Reduced on 24 Royal Palm Wy # 3 in Boca Bayou

    Boca Bayou, Boca Raton  -  Announcing a price reduction on 24 Royal Palm Wy # 3, a 2,272 sq. ft., 2 bath, 3 bdrm townhouse. Now MLS® $599,000 USD - Great Price. Property information
    Posted to IGOR MICHEL (Weblog) by 519284 on February 9, 2010
  • Price Reduced on c-4545 N Ocean Blvd in Boca Raton

    Boca Raton, Palm Beach County  -  Announcing a price reduction on c-4545 N Ocean Blvd, a 2,450 sq. ft., 2 bath, 2 bdrm apartment. Now MLS® $475,000 USD - lowest in the building. Property information
    Posted to IGOR MICHEL (Weblog) by 519284 on February 4, 2010
  • Price are still to high

    I 'm convinced that we need to see a price drop in most of the south Florida housing markets. Unfortunately, many public policy proposals have been aimed at propping up home prices, or at least cushioning their fall. Nothing could be more counterproductive. The housing downturn was a classic bursting of an asset bubble. The suddenness of ...
    Posted to IGOR MICHEL (Weblog) by 519284 on August 1, 2009
  • $550.000 PRICE DROP IN LIGHTHOUSE POINT

    [photo:listing:2173227] GREAT FAMILLY HOUSE • 3,716 sq. ft., 4 bath, 6 bdrm 2 story - MLS® $850,000 USD - Great house what a DEAL Venetian Isles, Lighthouse Point  -  WOW WOW WOW ! HUGE PRICE DROP OF $550.000 6 BEDROOMS ON THE WATER WITH A DOCK AND NO FIX BRIDGES ONLY SECONDS TO THE GRAND CANAL AND THEN THE OCEAN. YOU ...
    Posted to IGOR MICHEL (Weblog) by 519284 on April 24, 2009
  • NOT THE TIME TO SELL DUHH BUT TO BUY BUY BUY

    I'm sorry to say that 2008 was not time to sell if you are not going broke. But as we move into 2009, the news doesn't look too good: 53 percent of loans that were modified to reduce principal, payments or the interest rate are already delinquent. Foreclosures continue to rise. And unemployment has suddenly jumped, to 10 percent in ...
    Posted to IGOR MICHEL (Weblog) by 519284 on January 4, 2009
  • prices

    Home prices in 20 major metropolitan areas fell 1.0 percent in August from July, according to the Standard & Poor's/Case-Shiller Home Price Indices.S&P said in a statement its composite index of 10 metropolitan areas declined 1.1 percent in August from July for a 17.7 percent year-over-year drop, also a record."The downturn in ...
    Posted to IGOR MICHEL (Weblog) by 519284 on October 28, 2008
  • We sould look at 4 year trends

    Hi   Just a quick note   I dont get that we are given stats that are year to year .   I think this real estate market need to look at 3 to 4 year cycles and not year to date or year to year it would be mutch more telling.
    Posted to IGOR MICHEL (Weblog) by 519284 on January 18, 2008
  • Prices need to drop to 2004

    It's sad that investor will be losing money . The only way that this market will turn around is for prices to drop 15% to 20 % . Citi group one of the bigest banks in the world has just put out a report that stays "As part of its writedowns, Citigroup estimated an average residential real estate price reduction for the country and ...
    Posted to IGOR MICHEL (Weblog) by 519284 on January 18, 2008
  • luxury estates and home survey

    I have just read a report from the luxury home council for 2007. It give out some interesting info for those of us in that market. Here are some facts.;The largest percentage of luxury home buyers falls into the 40-50 age group (48%) followed closely by the 50-65 age group (44%). These affluent buyers are what marketing experts describe as the ...
    Posted to IGOR MICHEL (Weblog) by 519284 on July 12, 2007