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Home prices in the Miami area rose 11.3 percent in August from a year earlier; beating a national average gain of 4.6 percent. Excluding distressed sales, home prices in the Greater Miami area, including Miami, Miami Beach, and Kendall, rose 9.9 percent in August from a year earlier. Miami area prices went up 0.1 percent in August from July.
Florida prices rose 6.9 percent statewide in August from a year earlier, or 6.3 percent excluding distressed deals. The national price gain year over year was the largest in more than six years. Nationwide home prices, excluding distressed transactions, rose 4.9 percent year over year in August.
If you have questions about foreclosure, loan modification, bankruptcy, or other alternatives, please feel free to call my office at 888-886-0020. Or, send an e-mail to emil@fleysherlaw.com, or complete the contact form below.
Emil specializes in consumer bankruptcy, debt settlement, and mortgage modification, offering a holistic approach to solving mortgage and debt problems. Emil listens to clients, understands their circumstances and goals, and helps them make the right choices by presenting all options and contingencies.
He is dedicated to helping South Floridians regain their financial freedom from overwhelming debt caused by high interest credit cards, bad mortgage loans, and uninsured medical expenses.
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