Miami House Price Index

Note the housing index from the Federal Housing Finance Agency (FHFA) for the Miami metropolitan area showing here the 1st Quart of 2007 at an index level of 413.78 and to the end of the 2nd Quarter of 2010 at 235.04.  In other words, the index in 2010 is 56 percent of that of 2007.

An index level of 235 is about where the level was in 2003.  You can get a ton of information at the FHFA.

The following information is by year and quarter.

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2007 1 413.78 414.24 (1st Quarter 2007)

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2007 2 415.63 414.15

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2007 3 404.47 403.32

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2007 4 400 397.21

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2008 1 365.42 365.89

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2008 2 327.92 326.92

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2008 3 292.38 291.5

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2008 4 269.27 267.23

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2009 1 228.18 228.53

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2009 2 235.25 234.69

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2009 3 244.22 243.31

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2009 4 235.79 233.94

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2010 1 233.86 234.33

33124 “Miami-Miami Beach-Kendall, FL (MSAD)” 2010 2 235.47 235.04 (2nd Quarter 2010)

Miami’s Unsafe Drivers

Not hard to guess where Miami and South Florida are ranked in a list of 200 cities of “safe” drivers.    If I wrote #171 out of 200 would you believe me?  See for yourself.  Hialeah is even worse than Miami.

Survey: Allstate lists America’s safest driving cities [w/video] — Autoblog.

Unions Slam Mayor

The police and firefighters resounding show their lack of respect for taxpayers.  They think themselves indispensable and owed a great salary by the citizens.  If we all are a family, we all have to share the sacrifice.  (PS. This is about the City of Miami.)

City consultants…proposed cost saving measures including reduced salaries for every employee making more than $39,000, topping out with 12 percent cuts for everyone hauling in more than $120,000 a year. They suggested upping the retirement age, and adding larger deductables to health care plans.

Then the union bosses came to the podium to share their thoughts on the measures. The messages were not measured.

via Unions Slam Mayor, Commission Over Proposed Pay and Benefit Cuts – Miami News – Riptide 2.0.

Miami in the Global Cities Index 2010

Find where Miami is in a list of 60.

(Okay–its 33rd and that’s not bad with its 58th by population and 54th by GDP.)  How did they get to 33? It must be Miami Beach, or could it be Coral Gables?

Global Cities 2010: The Rankings | Foreign Policy.