July 2008

Found 8 blog entries for July 2008.

On August 11, the Broward Legislative Delegation will meet to hear public concerns and opposition against the proposed undersea natural gas port off the coastline of Fort Lauderdale. Residents along Fort Lauderdale beach area especially owners of Fort Lauderdale Condos at Galt Ocean Mile and Lauderdale by the Sea plan to make their objections heard at this meeting and vow to flood the office of Governor Charlie Crist with phone calls and faxes since it appears the final decision will fall to the Governor.

The undersea port project, "Calyso" proposed by Suez, a subsidiary of a French energy giant will consist of two natural gas terminals that will be constructed approximately 8 to 10 miles off the Fort Lauderdale coast. Tankers with liquefied natural

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On July 26th, in a rare weekend session, the Senate approve a bill that has many trumpeting as the most consequential housing legislation in decades. With bi-partisan support, 72-13, the bill is aimed at assisting homeowners struggling to make their ballooning mortgage payments refinance into more affordable loans, avoid foreclosure and ultimately keep their homes. Some estimates indicate that there are approximately 2 million people going through some stage of the foreclosure process. This bill now provides them the opportunity to restructure their loan payments, avoid foreclosure and stay in their homes. After originally calling the bill an expensive bail-out for irresponsible borrowers and lenders, President Bush has indicated that he will sign the…
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A Question of Outside Condo Property Taken to Court

Las Olas River House BalconyThe hurricanes of 2004 and 2005 were difficult on the state of Florida, but since then there has been an issue between Florida condo boards, unit owners, insurance companies, and the state that has made the hurricanes even more difficult to deal with. What's the deal? The outside property belonging to any one condo unit in South Florida.

If a hurricane destroys things such as a condo's hot tub, grill, lounge chairs, and Jacuzzis, who has to pay to repair or replace them? This has been an issue of debate since the hurricanes came to the state and ravaged many of these items. The issue was first raised when two years ago the Department of Business & Professional Regulation decided that condominium

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Las Olas River HouseLas Olas River House condo 2306, a luxury Florida condo in downtown Fort Lauderdale is now available as a furnished rental. This absolutely stunning high floor Lexington east/west floor plan features 2 bedrooms and 2.5 baths, professionally designed by Perla Lici, offers approximately 2,000 square feet of living area and is indeed the ultimate vacation condo or local residence. Featuring a European kitchen with Snadairo cabinets, stainless appliances and granite counters. Split bedroom plan, 2 balconies boasting impressive panoramic views of downtown Ft Lauderdale, the Atlantic Ocean, Nu River and Intracoastal Waterway. Las Olas River House is one of the premier Las Olas condos that offers residents exceptional amenities including a state-of-the-art…
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St Regis Fort Lauderdale Condo-HotelThe St Regis Hotel & Resort on Fort Lauderdale Beach will no longer be managed by Starwood Hotels which owns the St Regis brand name. As of August 11, the 220-unit resort owned by Castillo Grand LLC will no longer be affiliated with the St Regis name. According to a spokesperson, the contract cancellation decision by Starwood Hotels came after several undisclosed disputes. Fort Lauderdale Beach View The St Regis Fort Lauderdale Condo-Hotel opened on Fort Lauderdale Blvd (A1A) across from the Atlantic Ocean in May 2007, promoted as a prestigious landmark, offers lavish hotel suites as well as luxurious condos for sale ranging in price from just under $2 million and up Update: Ritz-Carlton will take over operations beginning August 11th marking the St Regis it's fourth South…
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Fort Lauderdale Real Estate Listing and Sales Activity for the month of June reports an upward swing over last months figures reporting positive numbers for single family sales (32%) and condo-townhome sales (10%).Average Sales price for single family homes is up 8% while condos-townhomes are down -9%. Pending Sales for both types of property are also in positive territory: Single Family (6%) and condo-townhouse pendings (2%). Monthly supply of Inventory is down for both single family (-25%) and condo-townhouses (-12%). More detailed information at Fort Lauderdale Real Estate Listing and Sales Activity.
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Looking for things to do in Fort Lauderdale this week?
Event Date Time
Tour the historic Bonnet House Home   10 am -4pm
Dania Outdoor Antiques & Collectibles Show & Sale July 20 8 am - 2pm
Al Fresco Summer Entertaining Seminar July 12 2pm
Universal Design Seminar July 17 2pm
Wall Dressing Design July 17 2pm
Stranahan House Tours   1-4pm
Ft Lauderdale Historic District Tours Tues - Sun 10am - 5pm
Bonsai Course "The Art of Bonsai" 7/26 - 8/9 9am - noon
Full Details on the following events can be found at Sun-Sentinel . Return to Ft Lauderdale Real Estate home page
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I was watching a recent television airing of the Suze Orman Show when she talked about the decline in the real estate market and how a great number of people are panicking and freaking out because they are watching the value of their home decline significantly. Many people are agonizing about what to do... should they sell? should they stay?

The truth of the matter is that while some people are in the position where they have to sell and will have to bite the bullet in order to move on with their lives, many more people have absolutely no intention whatsoever of selling their home. They are happy in their homes, they are able to afford the monthly expenses and they plan to stay there for many years to come.

These people were very happy in their

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