January 2014

Found 3 blog entries for January 2014.

Leisure Towers - Lauderdale By the Sea, Florida

view from Leisure by the Sea CondoCongratulations to our Canadian Clients who recently closed on a beachfront condo for sale in Lauderdale by the Sea, Florida.  This condo is right on the sand and just steps to the blue waters of the Atlantic Ocean.  Situated on the 10th floor of a 16-story building, this 2 bedroom 2 bath condo at Leisure Towers offers impressive views of the city and forever ocean views from the very large covered balcony.

Lauderdale by the Sea is a charming beachside community with boutique shops and restaurants and is a favorite destination of Snowbirds looking to excpape the freezing winter months.

Originally listed at $285,000 - this condo recently closed at $270,000 (public record).

For more information about

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Real Estate Mortgage Rates for 2014

Fort Lauderdale HomeMortgages are going to cost more in the upcoming year, than they did in 2013.  During the last six years or so the mortgage rates were steadily decreasing until the home lending market hit an all-time low in late 2012, with 30-year fixed mortgages tapering off at about 3.38%.

Rates remained in the 3's throughout the first two quarters of 2013 before we finally started seeing some 4%'s popping up around June and it appears that 4's are here to stay.

The Mortgage Bankers Association is predicting mortgage rates to increase to 5% throughout 2014, and increase to 5.5% by the end of 2015.  Mortgage rates increasing should not be a shock to anyone considering buying a home.  We knew all along historically low interest

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2014 Real Estate Predictions Favorable

While the housing rebound was swift with little signs of concern from 2012 to August 2013, there was some concerns popping up throughout third-quarter 2013.  Mortgage rates started to increase after remaining at an all-time low and purchase rates have slowed in some regions.  High demand housing markets risked hitting a tipping point after property values jumped so quickly that many prospective buyers ran away.

Granted, throughout this time there were newfound areas of hope, so not alas at a loss.  The housing market's strength was spilling into adjacent sectors. Home improvement and home supply stores saw earnings break far past their projections. With this came stop-start booms in new construction, and

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