July 2009

Found 3 blog entries for July 2009.

The Fort Lauderdale Real Estate market for June 2009 continues to report positive numbers over same period last year, less inventory on the market for sale, however a slight decrease in pending sales and closed sales for Homes for sale in Fort Lauderdale and Condos for sale in Fort Lauderdale. Single Family Closed sales were down just 3% in June as compared with last month, however, sales were up 21% over same period last year.   29% of homes sold in June were bank foreclosures in Fort Lauderdale as compared to 44% last month.  MLS doesn't report closings for Fort Lauderdale Short Sales at this time. The Average Sales Price for single family homes was up 11% over June and down 30% from same time last year.  Fort Lauderdale REO bank foreclosures and Short…
1,067 Views, 1 Comment

Nu River Landing - Recent Sale

It took about 4 months, but we successfully closed on Unit 1513 at Nu River Landing. A 2 bedroom 2 bath, south facing condo recently closed as a Fort Lauderdale Short Sale at $205,000.  The unit originally sold in 2006 at $370,000 representing a 55% reduction. Nu River Landing Condominium is located on the Nu River in downtown Fort Lauderdale, stands 25 stories and offers resort amenities including roof-top pool and club room, 2-story fitness area with raquetball and half basketball courts, business center, security and onsite managment. Nu River Landing          Nu River Landing pool view          Pool at Nu River Landing For more information about buying or selling at Nu River Landing or other properties downtown, contact me today at 954-850-2397. Search the Fort Lauderdale MLS for…
1,095 Views, 0 Comments

For the 4th straight month, Home Sales in Fort Lauderdale continue in positive territory. May 2009 figures report double digit positive percentages for both Single Family Home sales and Condo Sales. Pending sales for both categories up double digit percentages as well, while total inventory for Single Family and Condo sales continues to shrink. Closed sales for Single Family Homes for sale in Fort Lauderdale  rose 21% in May from the previous month and were up 65% from this time in 2008.  44% of homes sold in May were Fort Lauderdale Foreclosures. The Single Family Average Sales Price in May was down 10% from last month and down 32% from last year.  Again, Fort Lauderdale REO Bank Foreclosures and Short Sales in Fort Lauderdale contributed to this…
1,038 Views, 2 Comments

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