Miami #19 in Expensive Real Estate Markets

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I’m very surprised Miami was not much higher on the list, West Palm is #20. Most homeowners here have been victim to the ‘real estate bubble’ and either haven’t been able to sell or buy. Things seem to be getting back to a more sane level now that real estate signs are modified in marker with lowered sale prices in Dade and Broward counties.

If you are thinking about moving here, take a good look at the apartment listings because unless you’ve got unlimited funds .. homeownership is balloon on a string and you’ve got a few seconds to grab it before it flies away and once it’s gone it’s gone.. The window is closing, hop in! Cynical? Nope ..

Have a wonderful weekend everyone!! Laters …

1 Comment so far

  1. Jamie (unregistered) on September 6th, 2006 @ 6:03 pm

    A Tenant’s Guide to Renting

    The first challenge every tenant faces is finding an apartment for rent that suits their individual needs. For today’s tenant, the most effective apartment search can be done using an online apartment finder. Tenants should decide what they require in an apartment or house rental before beginning their search. For example: the number of bedrooms, location or distance from public transportation and how much the tenant can afford to pay in rent, furnished or unfurnished apartment, etc. By making these important decisions first, tenants can avoid renting an apartment or house only to regret it later. Many tenants today are taking advantage of the convenience of the internet to locate apartments for rent as opposed to the traditional print publications.

    Once a possible apartment or home has been found, it is the tenant’s duty to thoroughly inspect the premises making a commitment in the form of a security deposit. A tenant should not rely on the landlord or the landlord’s agent to tell the tenant if anything is wrong with the property. The tenant must inspect the property carefully and ask questions about it.
    Inspecting the condition and functionality of the following areas/features of the apartment before committing yourself as a tenant is highly recommended.
    1. Kitchen appliances in working order.
    2. Water pressure strong, plumbing without leaks.
    3. Electrical outlets and wiring working.
    4. Walls and ceiling painted or papered without cracks
    5. Ventilation or air conditioning accessible.
    6. Floors, railings and bathrooms in good repair.
    7. Fire escape easy to use.
    8. Stairs safe and well-lighted.
    9. No rodents or insects.
    10. Heating system in working order.
    11. If furnished, check and write down condition of all furniture.
    12. Windows and doors operable and weather-tight; screens provided.
    The tenant should also check the security of the building to find out if there is a dead-bolt lock, security chain, or through-the-door viewer.
    BEWARE OF EXISTING DAMAGES: In order to avoid being blamed for damages that already exist in the rental unit, the cautious tenant should take every step for self-protection. Before moving in (or as soon as possible thereafter), the tenant should make a list of all existing damages and repairs that need to be made. A copy of the list should he presented to the landlord and attached to the lease This way the landlord cannot blame the tenant for damages caused by others and the tenant will know what the landlord intends to repair. If the tenant keeps good records the landlord will not be able to keep the tenant’s security deposit for damages that were actually caused by others. Taking pictures before moving in is also strongly recommended.

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