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                           HOUSING Miami-Dade, Florida United States   Median Home Age   "The average age of homes in years. Updated: December, 2016" 37 37   Median Home Cost   "This is the value of the years most recent home sales data. Its important to note that this is not the average (or arithmetic mean). The median home price is the middle value when you arrange all the sales prices of homes from lowest to highest. This is a better indicator than the average, because the median is not changed as much by a few unusually high or low values. Updated: December, 2016" $253,500 $185,800   Home Appr. Last 12 months "House appreciation - last 12 months Updated: December, 2016" 9.86% 3.74%   Home Appr. Last 5 yrs. "House appreciation - last 5 years Updated: December, 2016" 34.57% 16.02%   Home Appr. Last 10 yrs.   "House appr...

There are many reasons to sell now and not wait any longer, and here are some thoughts. The inventory of available properties is very low, less competition from other sellers add to your bottom line. Interest rates are changing fast (see latest survey below). Most experts agree that intest are going up once the FEDS make a move. Weekly national mortgage survey Results of Bankrate.com's Nov. 30, 2016, weekly national survey of large lenders and the effect on monthly payments for a $165,000 loan:                                          30-yr fixed    15-yr fixed     5-yr ARM This week's rate:               4.13%   3.39%    3.48% Change from last week:  +0.03    +0.06     +0.04 Monthly payment:      ...