March 2009

Found 7 blog entries for March 2009.

WaterGarden Condo Listing & Sales activity report 6 new listings in February bringing the total number of condos for sale at WaterGarden to 28 out of 315 (8%).  None of the new listings were short sales or REO foreclosures. WaterGarden Condo Listing Activity - February 2009 Pending Sales at 347 N New River Drive - WaterGarden 1 condo, unit 1108 (skyview) at WaterGarden was placed under contract in February.  The Listed Price for this condo - $349,000. Closed Sales at WaterGarden Condo, Fort Lauderdale 2 sales at WaterGarden in February: Unit 1410 (Moonglow) - Listed Price: $499,000 - Sold Price: $478,000. (95%) Unit 3011 (Stardust) - Listed Price: $485,000 - Sold Price: $460,000 (95%) Pending & Closed Sales for WaterGarden Condo - February 2009 For more information about buying condos for sale at WaterGarden or for a market analaysis for selling a condo…
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Las Olas River House Condo Listing & Sales activity reports 11 new listings for February 2009 for a total of 56 condos listed for sale (20%). 3 of the new listings were short sales and there were no REO bank foreclosures. Las Olas River House Inventory | February 2009 Pending Sales for 333 Las Olas Way, Fort Lauderdale: There were no sales placed under contract in February. Closed Sales at 333 Las Olas Way, Fort Lauderdale: There were 2 recent solds at Las Olas River House in February. Unit 904 (Columbus) was listed at $535,000 and sold at $550,000. Unit 2710 (Park) was listed at $1,033.900 and sold for $1 Million. Pending & Closed Sales at Las Olas River House | February 2009 For more information about buying or selling a Las Olas River House Condo for sale, contact me today at 954-850-2397.  Las Olas River House Listing & Sales Activity for January…
1,049 Views, 3 Comments

February Home Sales figures for Fort Lauderdale Real Estate report very positive news for home sales, pending sales and inventory levels for both single family and condominiums. Single Family home sales are up 5% from last month and up 47% from same time last year. Average sales price is up 3% from last month, however, it is down (-42%) from February 2008, no doubt due to the number of short sales and foreclosures. Single Family Pending Sales are up 36% from January and up 128% from same period last year.  This is incredible! Single Family Inventory is down (-4%) from January and down (-22%) from February 2008.  Awesome! Fort Lauderdale Condos  - February condo sales are up 16% from last month and up 24% from February 2008. Average Sales Price for
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Clients of mine just closed on this stunning and impeccably maintained pool home located in the gated golf and tennis community of Eagle Trace in Coral Springs, Florida. Eagle Trace is home to more than 900 families surrounded by lush tropical landscape, lakes, a golf course, tennis courts and three 24-hour manned gates.

2125 Sea Pines Way

2125 Sea Pines Way Kitchen

2125 Sea Pines Way - Breakfast Area

2125 Sea Pines Way - Formal Dining Room

2125 Sea Pines Way - Family Room

2125 Sea Pines Way - Pool

2125 Sea Pines Way - yard

This home was listed for $575,000 and closed in less than 35 days with a sales price of $535,000.

For more information on homes for sale in Eagle Trace, contact John Sabia at 954-850-2397.

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MLS is an acronym for multiple listing service. Wikipedia describes it as a suite of services that (1) enables brokers to establish contractual offers of compensation (among brokers); (2) facilitates cooperation with other broker participants; (3) accumulates and disseminates information to enable appraisals; (4) is a facility for the orderly correlation and dissemination of listing information to better serve broker's clients, customers and the public.In layman’s terms the MLS is a central database that participating real estate brokers and agents use to share information about properties. Realtors primarily use it in their day to day operation to find properties for buyers and to help sellers arrive at a value for their properties based on sold and…
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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 negotiated by the listing agent with the borrower, unless the fee exceeds 6 percent of the sales price of the property in aggregate. Servicers are reminded that they must continue to obtain any approvals that may be required by interested third parties in connection with preforeclosure sales.... You can read more on new guidelines at Fannie Mae. It is about time that real estate agents are recognized for the amount of time and effort that goes in to…
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