Fort Lauderdale Real Estate Blog

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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If you've wondered how Trulia is beginning to dominate search engines with real estate key word phrases over local real estate sites (the source of the content), it may have something to do with their aggressive web ranking strategies. I've written an article at SEOMoz (YOUMoz) that explores the possibilities titled Trulia's Web ranking strategies Come Under Fire.
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Housing Affordability Index - Buyer's Market At the end of May, The National Association of Realtors released a report on the Housing Affordability Index for the month of April. The report showed a decline to 129.4 from the March level of 130. The change was a reflection of an increase in the median price home for the month of April. A clearer description of what the 129.4 number is that a family that earns the median family income in April, which was just over $60,000, had $129.4% of the income required to quality for the conventional loan. The conventional loan would cover 80% of the median-priced single family home. In April, the median priced single family home was valued at $200,700. In July 2007 the Housing Affordability was at 103.6 and was…
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Do you want to search Short Sale Listings in Fort Lauderdale, Florida? I have added a new feature on my website listing available Short Sale listings. You can view single family and condo short sales in all of Broward County by visiting Fort Lauderdale Short Sale Listings Short Sales may be great opportunities for purchasing a property well below market value, however, be prepared to exhaust a great deal of patience because lenders have not been very cooperative in approving the sales in a timely fashion if at all.
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March 2008 numbers for Fort Lauderdale Real Estate are looking better. Could this be a beginning of a rebound into positive territory?Fort Lauderdale Single family home closings saw an increase of 60% over February's figures with a total of 434 homes sold. Condominium sales were also up with 553 condo sales representing a 41% increase. Although total number of sales were up, the Average Sales Prices was down in both categories. The Single Family home Average Sales price in March was down 11% at $423,482. The Average Sales Price for a condo was down 9% at $195,260. Pending Sales figures were up for both Single Family and Condominium categories. There were 499 homes pending (394 previous month) and 560 Condos pending (477 previous month). Total New…
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Tides At Bridge Side Square | Fort Lauderdale CondoI just closed on a 2 bedroom 2 bath condo with ocean view at the Tides at Bridgeside Square on Friday, April 25th. The Tides at Bridgeside Square is one of the popular Fort Lauderdale Condos for sale and is situated across from the beach. This condo was originally listed at $459,000 and reduced to $399,000. The sales price was $338,000 which represents a sales price vs listing price ration of 84% and 74% of the original listed price.

Sales at Tides at Bridgeside Square

In the past 6 months, there have been 6 sales; 5 two bedroom/ two bath condos ranging from $320,000 - $595,000. There has been 1 one bedroom/ one bath sale for $245,000.

At present there are 42 available condos for sale at Tides at Bridgeside Square ranging in price from $237,500

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Effective Friday, April 18, 2008 - water restrictions have been modified to allow residents 2 days per week to water lawns.
  • Odd street addresses may irrigate lawns and landscapes on Wednesdays and Saturdays from 12 a.m. to 10 a.m. and/or 4 p.m. to 11:59 p.m.
  • Even street addresses may irrigate lawns and landscapes on Thursdays and Sundays from 12 a.m. to 10 a.m. and/or 4 p.m. to 11:59 p.m.
Hand-watering with one hose fitted with an automatic shut-off nozzle is allowed for 10 minutes per day for landscape stress relief and to prevent plant die-off. Additional watering days and times are allocated for the establishment of new lawns and landscapes. No restrictions apply to other outside water uses, such as for car and boat washing, pressure…
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Short sales are becoming more and more popular as the real estate market in Fort Lauderdale continues in a slump. A Short Sale is a great opportunity for the Florida homeowner who can no longer afford their home to make a deal with their lender to sell for less than what is still owed on the loan. This is an opportunity for the homeowner to sell their home for less than market value and get rid of the monthly payment without having the negative impact on credit that a foreclosure has. While the Short Sale is often referred to as a pre-foreclosure it does not affect an individual the way a foreclosure does. Short sales don’t just benefit the Ft Lauderdale seller; they are also advantageous for buyers as well. Home buyers can purchase a home…
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