Clients of mine closed on this 2 bedroom 2 bath condo at Point of Americas in Fort Lauderdale, offering the most captivating expansive views of the Atlantic Ocean, Fort Lauderdale beach, and the inlet at Port Everglades. A boater's paradise watching Boats and cruise ships sailing by just beyond the edge of the balcony. Originally listed at $599,000, my clients purchased and closed on this condo at $500,000. For more information about Point of Americas Condo for sale, contact John Sabia at 954... Read Full Post
Searching townhouses for sale, a client of mine was delighted to find this secluded corner Victoria Park Fort Lauderdale townhome nestled in a small complex of just 6 residences. With a short distance to the cafes and boutiques on Las Olas Boulevard, this spacious 2 bedroom townhome also featured an extra large private fenced back yard. After being on the market for sale for only 78 days, my client closed and purchased this townhome for $185,000. Whether buying or selling real estate in Fort ... Read Full Post
Panoramic water views while staying within a budget was a major requirment for a client of mine searching for a condo for sale in Pompano, Florida. After looking at several options, Coastal Vista South in Pompano Beach not only fit this requirement, but many more too. Situated on the top floor of a 4-story buidling, this roomy 2 bedroom condo offered plenty of living space with a front row seat to a daily parade of boats cruising the Intracoastal concluded with gorgeous sunsets. On the market... Read Full Post
While searching to find a luxury beach front vacation home with all the conveniences and finery of a four star hotel, a client of mine found his dream "pied a terre" at the Atlantic Condo Hotel in Fort Lauderdale, Florida. With sweeping views of the Atlantic Ocean and Fort Lauderdale Beach, this splendid 1 bedroom condo with more than 1,400 square feet was purchased turn-key at $650,000. The Atlantic Condo Hotel is known for stellar guest suites and residences, resort amenities including a cl... Read Full Post
Fort Lauderdale Real Estate | Market Report - October 2009 With the holidays approaching and the end of year almost upon us, it is facinating to look at the enormous difference one year can make. This time last year, sales for real estate in Fort Lauderdale were down 40% for single family homes and down almost 70% for condos. Closed Sales for single family homes in October were up 6% from September and up 36% from October 2008. Closed Sales for Condos/townhomes were up 3% in October from Sept... Read Full Post
February Listing & Sales Activity for Homes for sale in Victoria Park show a decrease in the number of homes available for sale over last month while maintaining a level of 2% of the homes in the neighborhood listed for sale. Pending & Sales activity report similar numbers as in January with 2 sales (1 bank foreclosure) and 1 home going under contract. read more about>>>> Victoria Park Listing & Sales Activity for February 2009 at the Fort Lauderdale Real Estate Blog. Read Full Post
March statistics for Fort Lauderdale Real Estate continue into positive territory with home sales and pending sales up and inventory shrinking. Closings for single-family homes and condos were up 30% and 20% respectively. Pending Sales up 3% for single-family and down slightly for condos. Yearly gains in closings and pending sales are up dramatically in both categories. The Median Sales Price is up March over February, but down from same period last year no doubt a result of short sales and b... Read Full Post
I just posted an article on my Fort Lauderdale Real Estate Blog about new Guidelines from Fannie Mae instructing 3rd parties not to renogiate agents commission: From New Fannie Mae Guidelines:No Negotiation of Preforeclosure Sales Commission Servicing Guide, Part VII, Section 504.02: Contacting Selected Borrowers Effective March 1, 2009, closing of preforeclosure sales may not be conditioned upon a reduction of the total commission to be paid to real estate agents to a level below what was ne... Read Full Post
South Florida's attraction to Canadians has always been the warm climate, a refuge from the freezing winters in Canada. Today, however, the allure of taking advantage of a weak US Dollar and declining real estate prices has Canadians making the trip south of the border for more than just sunshine. According to the National Associatiation of Realtors (NAR), 11% of all international home buyers in the United States in 2007 were Canadians. In Florida, .......read more about Canadians Taking Adva... Read Full Post
When it comes to investing in real estate, national indicators are just one source of data that should be considered, however, that is only the first step. While real estate numbers being reported may be similar across the country, it is important to remember to turn your focus locally. You've heard it before, and worth repeating again, real estate is local. Even when turning your focus locally, there are vast differences between city to city, neighborhood to neighborhood and condominium to c... Read Full Post
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