I am back from an information packed real estate conference in Arizona.  The annual STARPOWER (www.GoStarpower.com) conference features 200 of the world's top agents each selling between 50 and 600 homes per year gathering with 2000+ agents from around the country to discuss and share strategies for tackling the real estate market in today's fluctuating environment.

It appears that all over the US, market conditions are similar to South Florida.  Homes are sitting longer, some neighborhoods are declining, some are flat, and some are still appreciating.  In our local market, I just sold a unit at the Trump Palace in Sunny Isles Beach with list price of $1,275,000.  There were a few priced less in the last 5 months and now they are no longer available and the inventory available has shrunk and prices are still going up.  Icon Brickell has reported a strong spring having sold 70 units in the last few months.   The Point Orlando where I purchased has also been selling units in the 500k range in tower 3, where the first two towers were in the high 300s to low 400s and are nearing completion.   However, some buildings like Ocean Palms in Hollywood Beach and Jade in Miami are seeing many foreclosures and tumbling prices for prices that cannot be sustained.

Listen to my podcast interview for the month of July coming up in the next 24 hours and dont forget to check out our special deals not available in the MLS at www.DealsNotInMLS.com .

Are you seeing any neighborhoods where prices are either falling or appreciating?  Let me know so I can reseach and post.