Real Estate Information Archive

I don't have a crystal ball to tell us whether the market is moving up or down or if rates are going to stay as low as they are or move back up.  As your local South FL real estate expert, the best I can do is study the trends and stay on top of what happened recently to give us the best "guesstimate" of what is occuring now and what will happen in the near term future.  That is why I was pleasantly surprised to see the article provided by Bloomberg Businesweek featuring Weston, Fl as the top ranked city where the "median home value has risen 15.1 percent to $280,000 from February 2009 to August 2011."

Below is a quick excerpt from the online story.

No. 1 - Weston, FL
Percent change: 15.1
MSA: Miami-Fort Lauderdale, FL
Population: 65,333

The country's top-performing housing market since President Obama took office: Weston, a luxury community near the Everglades in the Fort Lauderdale area. The city has been home to such pro athletes as former White Sox player José Canseco and the Florida Marlins' Hanley Ramirez, according to real estate news site blockshopper.com. From April 2008 to April 2011, the population grew about 5 percent, estimates the University of Florida Bureau of Economics & Business Research. In 2006 Businessweek.com ranked Weston one of "The Best Affordable Suburbs" in the U.S. The median home value in the city was $280,000 in August, according to the Zillow Home Value Index, and as of Aug. 31, the median sale price was $335,000.

Please click the link below to read the full article:
http://realestate.yahoo.com/promo/americas-best-and-worst-housing-markets-2011.html

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email. 

FOR IMMEDIATE RELEASE                               

For more information, please contact: 
Ellen R Mitchel
2012 Director Broward Board of Governors
Miami Association of Realtors
954-292-6412
ellenbithell@remax.net

New Year Offers New Opportunity for Financially Strapped Homeowners
To Reach Out and Redirect Their Lives

Miami, Florida – January 2012– “Millions and millions of homeowners in the United States spent 2011 under a cloud of uncertainty caused by missed payments on an unmanageable mortgage,” said Ellen Mitchel with RE/MAX Executive Realty.

Mitchel’s message to financially strapped homeowners in the Miami and South Florida market: “the expertise and resources to ensure that 2012 gets off to a far more positive start is close at hand.”

A Certified Distressed Property Expert (CDPE), Mitchel is knowledgeable foreclosure avoidance alternatives and is adept at negotiating with major banks and helping financially strapped homeowners to regain peace of mind and a sense of stability for the future.

Ellen Mitchel’s free report entitled, “Tipping the Scales Toward Foreclosure: Resolve to Shed the Weight of an Unmanageable Mortgage in 2012,” is accessible from her website, http://www.EllenHelpsHomeowners.com.  

“As the report points out,” Mitchel says, the recovery of the U.S. housing market, hinges on huge reductions to the current glut of foreclosed homes, and as such, all major players have taken foreclosure-prevention efforts up several notches.”

“The most important fact for financially distressed homeowners to keep in mind: the sooner help is sought, the better,” Mitchel emphasized.

To learn more, visit www.EllenHelpsHomeowners.com.

RE/MAX Executive Realty
1939 Hollywood Blvd
Hollywood FL 33020

Important Government Notice:

RE/MAX Executive Realty is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.

South FL Real Estate For Sale: 

3000 E Sunrise Blvd, Fort Lauderdale FL 33304

Beautiful 1 bedroom, 1.5 bath condo with a view. Located in Carlton Tower. Great beach location and immediate access to Birch State Park, beaches, the Intra-Coastal Waterway, Galleria Mall and shopping. Garage parking. First look policy applies. Investor offers will be considered after 1/22/2012. Buyer to verify all info pertinent to condition, HOA rules and regulations and assessments, if any.

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email. 

A recent survey by Houselogic.com, the consumer website from the National Association of Realtors®, finds that jobs and the housing market will be two of the most important issues for voters in the 2012 election. Nearly one-third of respondents said housing will be the top issue on their mind when they head to the polls next November.

Respondents were asked “What issue area will have the greatest impact on your vote in 2012?” National security, healthcare, and energy/environment trailed housing and unemployment by wide margins:

• Jobs/unemployment – 54 percent
• Housing – 27 percent
• National security – 8 percent
• Healthcare – 4 percent
• Energy/Environment – 2 percent
• Other – 4 percent

With unemployment still high, it is easy to see why so many Americans are concerned about the job market. However, employment and the housing market are inextricably linked because economic growth and job creation cannot occur without a housing recovery.

Now take a look at how the Miami FL real estate market performed in November.

Miami FL Real Estate - Single Family Homes Sales November 2011

Miami FL Real Estate - Condo/Coop/Townhouse/Villa Sales Novemver 2011

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email.

Though the past four years have seen many cities suffering from large numbers of foreclosures and a loss in home values, ten of these real estate markets are now leading the nation towards a general recovery and stability of the housing sector.

Realtor.com’s Top 10 Turnaround Town Report, based on third quarter 2011 data, includes six Florida markets: Miami, Orlando, Fort Myers-Cape Coral, Fort Lauderdale, Sarasota-Bradenton, and Lakeland-Winter Haven.

Each of these markets has experienced positive year-over-year median price appreciation, reductions in year-over-year median age of inventory and inventory counts, while also experiencing lower unemployment rates on a year-over-year basis. Florida’s success can also be tied to foreign buyers; the number of foreign buyers purchasing homes there increased from 10 percent in 2007 to 31 percent in 2011.

Let’s take a closer look:

Miami, FL: The number one town on the report, Miami has gone from being one of the first victims of the subprime crash to having a healthy inventory that is only half the size from a year ago. Today, Miami is only reporting one foreclosure for every 407 homes, compared to the national rate of one per every 213. And, condo sales have increased 79 percent in the first five months of this year, largely due to an influx of foreign investors.

Orlando, FL: Ranked second on the report, Orlando leads the nation in the ratio of Realtor.com searches to listings. Inventory has also obtained a balance with demand. Foreclosures hurt the market in 2007-08, but foreclosures in Orlando were down 58 percent in September, compared to last year.

Fort Myers-Cape Coral, FL: Median prices in Fort Myers-Cape Coral have increased almost 33% year-over-year, according to Realtor.com’s October 2011 Real Estate Trend Data. In addition, foreclosures are down–only one in 313 homes in September–while inventory has been reduced and foreign buyers have been attracted to the area’s real estate prices. The metro ranked third on the turnaround report.

Fort Lauderdale: FL: A decrease in inventory coupled with an uptick in prices earns Fort Lauderdale the number five spot on the report. Inventory decreased almost 38 percent year-over-year, according to Realtor.com’s October data report. Prices have fallen about 46 percent since 2006, but are now going up.

Sarasota-Bradenton, FL: A total of 11 percent of all foreign buyers in Florida are in Sarasota-Bradenton specifically. Number six on the turnaround report, the market has seen a list prices increase of more than 17 percent year-0ver-year and a decrease of inventory of 32 percent according to the Realtor.com October data. The market still has a long way to go, after losing more than 55 percent of home values from 2006 to the second quarter of 2011 due to foreclosures.

Lakeland-Winter Haven, FL: A year ago, Lakeland-Winter Haven topped national foreclosure filing lists, but now the area’s distressed sale market share has decreased 46 percent. The area–ranked 7th on the turnaround list–has seen total listings decreased more than 36 percent year-over-year and median age of inventory decrease more than 17 percent, according to Realtor.com’s October data. Prices are also up 12 percent compared to last October.

Realtor.com’s Top Ten Turnaround Town Report is compiled using a formula based on price appreciation, changes in inventory, median age of inventory, searches by Realtor.com visitors, and unemployment data.

Info is courtesy of the National Association of Realtors.

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email.

South FL Real Estate:

250 Layne Blvd, Hallandale FL 33009
MLS# A1581793

Great location! Few blocks from the sea! Walking distance to shopping and restaurants. 1 bedroom, 1 bath. Sreened porch with tile floor. Located across from club house and pool. No age restrictions. Newer water heater and central air.

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email.

South FL Real Estate For Sale:

414 S 56th Ave, Hollywood FL 33023
MLS# A1585253

Beautiful 3 bedroom, 2 bath home with screened pool. Extra big den can be used as office or 4th bedroom. New pergo flooring. Brand new bath with contemporary vanity and granite counter top. Spacious and open floor plan. Fenced backyard. New window blinds. Property under termite warranty. Extra storage room accessible from the pool area. A pleasure to show!

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email.

Unaffordable mortgage payments weighed heavily on a lot of Americans this year.  And there’s something about the holiday season that seems to magnify financial burdens and uncertainty.

For South Florida homeowners who feel weighted down by a mortgage that is no longer affordable, there would be few more welcome gifts than the opportunity to make a fresh start knowing that they have successfully avoided foreclosure.

Helping clients to figure out their best course of action within a market that’s nothing like any of us have ever dealt with before requires an entirely new level of expertise and training. That’s why I’ve sought out the Certified Distressed Property Expert (CDPE) designation—the most recognized and respected training on distressed properties in the real estate industry.

I invite you to visit my website and contact me if you know someone you know who I could help. And please feel free to refer my contact information to others within your sphere.

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email.

South FL Real Estate: 

4735 NW 9th Dr, Plantation FL 33317
MLS# A1583348

Approved short sale. Sold as-is. Contract and commission subject to 3rd party approval. 1 bedroom, 1 bath condo. Maintenance fee of $278 plus $73 assessment (through 3/2012) to be verified by buyer per new budget.

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email.

South FL Real Estate For Sale:

3115 Calle Largo Dr, Hollywood FL 33021
MLS# A1583163

Beautifully redone! 3 bedroom, 3.5 bath home with 3 master suites. Tastefully updated baths with cherry and granite vanities. Porcelain tile throughout. Real wood floors in living room. Crown moldings. Great size bedrooms with walk-in closets. Updated kitchen with stainless steel Whirlpool appliances and Italian granite counter-tops and tumbled stone backsplash. Double lot with room for a pool. Wood deck. Professionally landscaped. Avacado tree. Newly resurfaced circular driveway.

Search all South Florida and Miami Real Estate And Homes For Sale.

The Prestige Properties Team has over 30 years of real estate experience from the US to Canada and speaks seven languages including English, Spanish, Polish, German & Russian.  We are a woman owned minority business that does extensive community outreach.  We are viewed by ourselves and others as a shining example of an unstoppable team that others are drawn to.  We seem to grow and excel beyond all expectations and we value each other and support each other both professionally & personally.

The Prestige Property Team is a leader in the South Florida real estate market. The team assists buyers looking for Miami real estate for sale and aggressively markets South Florida homes for sale. They are also Certified Distressed Property Experts (CDPE), committed to helping families in financial hardship find options to foreclosure. For more information you can visit EllenHelpsHomeowners.com.

You can reach the Prestige Property Team by calling 954-292-6412 or email.