A National report released yesterday stated: “Sales of previously owned homes in the United States plummeted 27.2 percent in July compared to the previous month…the latest sales numbers are 25.5 percent below July 2009, and are at their lowest level since May of 1995.” And I repeat, Real Estate is local. Real Estate is local. Real… Read More
Archives for August 2010
Las Olas Condos Market Report
Las Olas area Condos remain in high demand and I frequently work with Buyers who purchase them. I gathered data about the Sales for the first 6 months of 2010 (January 1, 2010 – June 30, 2010) in Las Olas River House, Symphony, Nu River Landing, Waverly, Watergarden, Las Olas Grand, and 350 Las Olas… Read More
“I want a Home with a Swimming Pool”
“Don’t all Florida Homes have Pools?”, I’ve been asked by a number of interested Buyers. Well, the answer is that Homes WITHOUT Pools actually outnumber those that have Pools. Check out the following examples from the current Inventory of Single Family Homes for Sale in Broward County. Currently, 8,400 Single Family Homes are listed for… Read More
I Just Sold: 1732 SW 4th Ct.- Ft. Lauderdale Waterfront Home
Congratulations to my Buyers who purchased 1732 SW 4th Ct. in Ft. Lauderdale Property details: Purchased on August 20, 2010 for $305,000 Waterfront Single Family Home with 65′ of Waterfront Located on an Ocean Access Canal without Fixed Bridges, West of U.S. 1 and East of I-95, in the Community of Gill Isles 2 Bedrooms… Read More
Just Sold: 9637 Exbury Ct.
Today, 8/19/10, I sold 9637 Exbury Ct. to Buyers who purchased the Home as their Primary Residence. This Home is located in Parkland, FL in the Bella Flor section of the beautiful Guard Gated Golf Course Community, Parkland Golf and Country Club. Details: Built in 2007 Marabella Floor Plan with 2,666 Square Feet of Living Area 4 Bedrooms,… Read More
Broward County Luxury Condo Sales
Sales are continuing to increase in the Luxury segment of the Condo market. In my 6/26/10 post, I reported that 193 sales of Condos and Townhouses in Broward County have been recorded in the MLS* and Tax Records in 2010 from January 1, 2010 – May 31, 2010 in a purchase price range of $500,000 – $6,750,000…. Read More
Just Sold: Unit #1006 at Venetian Las Olas Condo
Located in Ft. Lauderdale, FL, Venetian Condo is an Intracoastal front Building of 237 Units located at the Intersection of Las Olas Blvd. and A1A, on the Ocean side of the Intracoastal Bridge. Last Friday, August 13, 2010, I sold Unit #1006 for a purchase price of $432,000 to Buyers from Dallas, TX who purchased the Residence as a vacation Home… Read More
5-year Broward Real Estate Market Snapshot
The Sales data recorded in the MLS* for Broward County for the last 4.5 years is in the Table below. Properties sold through Real Estate Brokers comprise the vast majority of Properties sold, however, there are also private Sales and Sales conducted through Developers that were not listed on the MLS. Please note as well that… Read More
Foreclosure Purchases and Inventory
Foreclosures Sold in Broward County in the 1st 6 months of 2010 Within the first 6 months of 2010, purchases of 2,100 Bank Owned Single Family Homes have been recorded in the MLS*. Within the same period of time, there were 3,387 purchases of non Distressed Properties and 1,402 purchases of properties listed as… Read More
The Plaza at Oceanside Pompano Beach Condo Market Update
Oceanside Pompano Beach Condo Sales Since my Market Report in March and since The Plaza at Oceanside’s Bulk Purchase in December, the number of closed Sales has increased significantly and, to date in 2010, purchases of 31 Units have been recorded in Broward County Property Tax Records. The purchase price range of the Units purchased was $365,000 –… Read More