- Just listed – not on the MLS yet! - Sold and Closed! Check out the pictures of this two bedroom, two bath, in Sunrise, on the Sunrise Golf Course. This condo villa offers a garage plus room for 2 more cars outside, modern design, vaulted ceilings, and several outdoor spaces. Full listing coming soon, but photos below. $163,000! Get the… Continue Reading
- Still not totally used to getting on the opposite schedule of seasons here in South Florida - The weather report says it’s gonna hit 94 degrees today here in Fort Lauderdale. And the week-long forecast shows 90 degree days as far out as the pretty weather lady will show me. I think it’s finally dawning on me that the summer season is here to stay. I’m having a hard time adjusting to… Continue Reading
- I am officially declaring a moratorium on red walls when putting your house on the market - Nearly forever in the realm of Real Estate has the Red Accent Wall been the darling of would-be decorators and home owners that desire a little extra spice in their interiors. Your Guide is officially declaring the era of the Red Dining Room and/or Red Powder Room over. At least when it comes time to… Continue Reading
- Buyers becoming more frantic trying to compete with investors - From my monthly report from Credit Suisse and their survey of real estate agents nationwide on what they’re seeing in the marketplace, another solid indicator of how quickly the market has turned around. Traffic levels exceeded agents’ expectations in the region during the month of May, and 88% of agents reported that home prices increased… Continue Reading
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- Distressed sales plummeting as inventory is absorbed - With so much talk in the news about the Shadow Inventory of homes I wanted to take a moment to look at the data to see if the hype is living up to reality. What we’re seeing is that the states that were hardest hit by the foreclosure crisis, namely Florida in particular, actually worked… Continue Reading
- Cheaper to buy than rent in most metro markets - Even though asking home prices rose 7.0% in the last year, outpacing rent increases of 3.2%, the gap between buying and renting has narrowed only slightly. One year ago, buying was 46% cheaper than renting. Today’s it’s 44% cheaper to buy versus rent. In fact, homeownership is cheaper than renting in all of America’s 100… Continue Reading
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- Listing: 1160 N Federal Highway, unit 624 - Sold and closed! Two Bedrooms Two Baths Parking space included List Price $235,000 Available furnished $255,000 Assessments: $574 2012 Taxes: $1,723 Amazingly well located condo just off Federal Highway and Sunrise in Fort Lauderdale. Building is located directly on the Intra-Coastal Waterway. 6th floor unit features spacious balcony overlooking the Ft Lauderdale… Continue Reading
- Low down-payment options for condos very limited in South Florida - It’s a common question during the first interview with buyers who may be seeking a condominium here in South Florida: “So do you have a 25% – 30% down payment for your purchase?” It seems to be lost on home sellers during the current frenzy of activity that is fueled by investors and foreign… Continue Reading