August 2014
August 4, 2014
You hear the advice constantly: Before you apply for a mortgage loan you need to read your credit report. It’s good advice. Your credit report will alert you to any potential financial trouble spots. If you forgot to make a car payment two years ago, your credit report will list it. If you have an open credit-card account that you haven’t used in five years, your report will show it. And if you’ve declared bankruptcy or foreclosure in the last seven to 10 years? Those negative judgments will be on your credit report, too. But here’s the big question: Once you do receive your […]
August 1, 2014
In the month of July, there were a total of 26 single family home sales, significantly lower from the 54 sales last month. Of the 26 sales, only two were waterfront homes. The average price per square foot for non-waterfront homes was $338.07, lower than the $347.16 average from June. The average sales per square foot for waterfront homes was $886.79, which was a huge jump from the $578.18 average last month. These two properties, however, we’re very high sales of $18,000,000 and $8,500,000. Stay tuned to the blog to see how the trends in Coral Gables change over the […]