Offering Current Miami Foreclosure Information in a Changing Real Estate Market

First time homebuyers, seasoned investors and real estate professionals benefit from our comprehensive database of Miami foreclosure information and listings.

Miami Beach

In today’s changing real estate market, it is crucial to have up-to-the-minute foreclosures information in order to make sound investments on Miami foreclosure homes and properties. We stay abreast of current real estate developments – and pass the information on with timely foreclosure news and articles - to better assist our members when purchasing cheap homes at auction.

Along with current foreclosure information, our members have access to our expansive database of foreclosure listings updated daily to capture the most recent bank owned homes, pre foreclosures, tax foreclosure properties, foreclosed land and repo homes.

Miami, located on the southern tip of Florida facing the Atlantic Ocean, is the most populated city in Florida with approximately 600,000 resident. Those who call Miami home are culturally diverse with around half being of Hispanic heritage.

Nicknamed “The Magic City”, Miami is an influential city both nationally and internationally due to its prominence in commerce, media, arts, entertainment and international trade. Miami is noted to have the highest concentration of international banks in the nation.

“The Magic City” also boasts a booming tourist industry with 12 million tourists annually enjoying the city’s famous white sand beaches, festivals and conventions.

For those searching for foreclosure homes and properties, we offer the latest foreclosure information and listings on the Web.

Zindex:ZindexHomeType

Condo $202,500.00
SFR $340,500.00

Affordability Data

CityNation
Zillow Home Value Index $250,500.00 $213,242.00
1-Yr. Change($0.22)($0.09)
Zestimate Per Sq. Ft. $269.92 $257.70
Flips (Sold Twice Within the Last Yr.)1.30 %2.30 %
Turnover (Sold Within Last Yr.)2.14 %2.18 %
Property Tax $4,108.61 $2,861.16
Median Condo Value $202,500.00 $216,500.00
Median Single Family Home Value $340,500.00 $234,000.00
Median 2-Bedroom Home Value $208,500.00 $205,000.00
Median 3-Bedroom Home Value $297,500.00 $231,500.00
Median 4-Bedroom Home Value $365,500.00 $337,500.00

Homes & Real Estate Data

CityNation
Owners34.87 %66.27 %
Renters65.13 %33.73 %
Median Home Size (Sq. Ft.)14601548
Avg. Year Built19751974
Single-Family Homes57.05 %77.35 %
Condos37.57 %8.96 %

BuiltYear

>200010.47 %
1900-19190.08 %
1920-19394.32 %
1940-195921.92 %
1960-197931.25 %
1980-199931.98 %

People Data

CityNation
Median Household Income $23,483.00 $44,512.01
Single Males18.17 %14.65 %
Single Females14.06 %12.46 %
Median Age3836
Homes With Kids26.68 %31.36 %
Average Household Size2.612.58883240001203
Average Commute Time (Minutes)29.1001202281914926.375545725891282

Census Summary

PricePerSqFt

$100-20056.04 %
$200-30033.61 %
$300-4006.39 %
$400-5001.74 %
$500-6000.60 %
$600-8000.63 %
<$1000.53 %
>$800k0.45 %

ZestimateBand

$100-200k20.74 %
$200-300k31.91 %
$300-400k25.85 %
$400-500k9.44 %
$500-600k4.02 %
$600-800k3.75 %
<$100k0.65 %
>$800k2.90 %

AgeDecade

>=70s12.47 %
0s11.90 %
10s12.29 %
20s13.53 %
30s16.17 %
40s13.74 %
50s10.35 %
60s9.55 %

RelationshipStatus

Divorced-Female7.13 %
Divorced-Male5.65 %
Married-Female22.82 %
Married-Male23.92 %
Single-Female14.06 %
Single-Male18.17 %
Widowed-Female6.78 %
Widowed-Male1.48 %

HomeSize

<1000sqft19.26 %
>3600sqft2.50 %
1000-1400sqft26.72 %
1400-1800sqft22.63 %
1800-2400sqft18.56 %
2400-3600sqft9.86 %

CommuteTime

<10min8.01 %
>=60min9.64 %
10-20min29.04 %
20-30min21.86 %
30-45min21.54 %
45-60min9.90 %

Occupancy

Own34.87 %
Rent65.13 %

HomeType

Condo37.57 %
Other5.37 %
SingleFamily57.05 %

Household

NoKids73.32 %
WithKids26.68 %
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Foreclosures Information

Mortgage Rates

National Overnight Averages TODAY +/- Last Week
3/1 Year ARM 3.58 - 3.63
1 Year ARM 3.47 - 3.5
30 Year Fixed Mortgage 5.15 - 5.17
15 Year Fixed Mortgage 4.62 - 4.63
5/1 Year ARM 3.61 - 3.66


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