Mars 2012 Statewide Residential Market Activity

Posted by Marci Landis on Apr 20, 2012 in Informative | 0 comments

 Pursuant to the Florida Realtor Association, the statistics for the Florida Statewide Residential Market Activity has been posted. 

Did You Say . . . “Multiple Bids On My Property?”

Posted by Marci Landis on Apr 11, 2012 in Market Stats, Sellers | 8 comments

 In some markets, Real Estate sales associates are experiencing low inventories and multiple bids!

According to Bloomberg, “A residential comeback would provide a boost to the U.S. economy. Housing will ‘contribute modestly’ to the economy this year for the first time since 2005, according to Peter de Bruin, an economist at ABN Amro Group Economics in Amsterdam.

If this is a buyer’s market, then why are we experiencing a shortage of homes?

Rising demand for homes has cut into the supply, which is already low because many sellers — especially those with negative equity — are waiting for prices to increase before putting properties on the market.

According to the National Association of Realtors®, about 2.43 million existing homes were listed for sale in February, the fewest for the month since 2005, the year U.S. home sales reached a record 7.08 million. The number of listings rose by 100,000 from January, a seasonal bump that occurred every February since 2000 except for 2008.

The February supply of unsold homes listed for sale was down almost 50 percent from a year earlier in markets such as Miami, Phoenix and Oakland, California, according to Realtor.com.
The Miami Association of Realtors® reported that single-family home prices in the Miami area increased 19 percent from a year earlier to a median $175,000 in February, the third consecutive year-over-year increase.

“The number of listings fell to 5,061 in February, or about six months’ supply, down from a nine-month supply a year earlier, as foreign buyers joined out-of-staters and Floridians seeking to take advantage of low prices,” said Ron Shuffield, president of EWM Realtors® International.

Better Housing Affortabilty for the 4 Q 2011

Posted by Marci Landis on Feb 10, 2012 in Buyers, Informative, Sellers | 676 comments

 According to FloridaRealtors.org, due to lower interest rates and lower housing prices sales rose and inventories declined in quarter 4 of 2011. Read full article below . . . .

 NAR: 4Q sales up, prices slightly lower

 WASHINGTON – Feb. 9, 2012 – Housing affordability improved in most metropolitan areas thanks to softer existing-home prices and record-low mortgage interest rates in the fourth quarter. Rising sales and lower inventories resulted in a better balance overall, according to the latest quarterly report by the National Association of Realtors® (NAR).The median existing single-family home price rose in 29 out of 149 metropolitan statistical areas (MSAs) in the fourth quarter from a year earlier; two were unchanged and 118 areas had price declines.“Sales have risen strongly in lower price ranges from one year ago, while sales at the upper end remain sluggish,” says Lawrence Yun, NAR chief economist. “More importantly, we’re seeing a consistent trend of declining inventory, which means supply and demand conditions are becoming more balanced in more areas, which will help stabilize home prices.”The national median existing single-family home price was $163,500 in the fourth quarter, down 4.2 percent from $170,600 in the fourth quarter of 2010. The median is where half sold for more and half sold for less. Distressed homes – foreclosures and short sales that sold at discounts averaging 15 to 20 percent – accounted for 30 percent of fourth quarter sales; they were 34 percent of sales one year earlier.

Find Your Personal Paradise,1490 Sheridan Street, Apt. 8A, Hollywood, FL. 33020

Posted by Marci Landis on Jan 10, 2012 in Listings | 52 comments

 This is the largest 2 bedroom condominium with 2 full bathrooms on the 1^st floor with a wrap around screened porch. The unit has a new air conditioning unit and newer appliances.

Improving Housing Markets

Posted by Marci Landis on Jan 10, 2012 in Buyers, Informative, Sellers | 39 comments

 Iwas reading this very important article on FloridaRealtors.Org

 WASHINGTON – Jan. 10, 2012 – The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI). The IMI now shows 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least one entry.

What’s Up WIth Florida Real Estate – Condo Sales – November Stats Weigh In . . . .

Posted by Marci Landis on Jan 2, 2012 in Market Stats | 3 comments

 According to Florida Realtors Media Site: ORLANDO, Fla., Dec. 21, 2011 – Florida’s existing home and existing condo sales continued its positive upswing in November, according to the latest housing data released by Florida Realtors®. Existing home sales increased 11 percent last month with a total of 12,993 homes sold statewide compared to 11,664 homes sold in November 2010, according to Florida Realtors.

What’s Up WIth Florida Real Estate – Single Family Homes Sales – November Stats Weigh In . . . .

Posted by Marci Landis on Jan 2, 2012 in Market Stats | 93 comments

 According to Florida Realtors Media Site: ORLANDO, Fla., Dec. 21, 2011 – Florida’s existing home and existing condo sales continued its positive upswing in November, according to the latest housing data released by Florida Realtors®. Existing home sales increased 11 percent last month with a total of 12,993 homes sold statewide compared to 11,664 homes sold in November 2010, according to Florida Realtors.

Varför behöver du en stor titel Company? – Maria Ines de Andrade väger . . .

Posted by Marci Landis on Dec 15, 2011 in Buyers | 56 comments

Mnågra år av kunskap och erfarenhet-Det är skäl att välja EWM avdelning som din sista agent. Vi har skillnaden av att vara en av Floridas mest ansedda titel företag, med oöverträffad kompetens inom ge svar på dina frågor och lösa dina problem snabbt och professionellt. Viktigast, Vi har ett åtagande att enastående service i branschen som fortsätter att växa med varje transaktion.

Vid EWM avdelning, vi ger en personlig touch så ofta förlorat i dagens snabba värld av fastigheter. Du är alltid välkommen att ringa oss. Vår vänliga och hjälpsamma personal skulle vara en ära att ge dig och / eller dina kunder med en uppskattning av kostnaden för titel försäkring.

Anledningar att använda en professionell fastighetsmäklare

Posted by Marci Landis on Dec 4, 2011 in Buyers, Sellers | 8 comments

STeve Harney, nationella Fastigheter prognosticator och författare till KCM blogg (www.kcmblog.com), uppgav att det fanns fem goda skäl du behövs en fastighets professionella.

Jag regummering sina skäl under; dock, Jag hävdar information som är relevant för min erfarenhet och vår South Broward marknad:

1. Prissättning är svårt: Under fastighets-boom, Jag var inte så orolig överprissättning. Även om säljaren drivit kuvertet, marknaden skulle stiga upp för att möta hans listpris (och ibland anbud kom över det). Detta var särskilt sant i 2004 - När priserna uppskattar två procent (2%) en månad!!!I själva verket, som agent i södra Florida, Jag undrade ofta varför värderingsmän inte skulle justera tid och bedöma egendom högre än försäljningspriset. , och allt var bra.

Homestead Exemption

Posted by Marci Landis on Dec 3, 2011 in Buyers, Sellers | 494 comments

 Homestead Exemption – New Homeowners Must Pay Attention – Late Filing of 2011 Exemptions Until September 19, 2011!

I have ALWAYS strongly recommended to my buyers that it would be a good idea to apply for homestead exemption on their primary residence.  Some have elected not to act on that recommendation, when this task (which can now be accomplished online at BCPA.net), would have saved them thousands of dollars each and every year.