Real Estate News

Found 337 blog entries about Real Estate News.

The below infographic illustrates the necessary steps you will need to take when buying your dream home or condo. 

infographic - 10 steps to buying a home | www.johnsabia.com/blog

Number 3 is where I come in. Let me beyour resource for guiding you thru steps 4 thru 10. My 30+ years experience selling homes and condos in Fort Lauderdale will ensure your buying transaction is as smooth and stress free as possible.

I have a network of people already in place to help from the start to the finish line!

Even if you are not ready just yet. Let's have a quick conversation to find out your needs and wants and get you on the right pathway from the beginning to your goal of becoming a home owner.

You can reach me directly at 954.850.2397.

START YOUR FORT LAUDERDALE HOME SEARCH BELOW:

 

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photo of person looking at financing/johnsabia.com blog

Know Your Buying Power first

In Many local and national real estate markets, There are more home-buyers looking for their dream home then there are available homes for sale. When this happens, the market place is very competitive and buyers need to make sure they stand out to a potential seller. One way to show a seller you are a serious buyer is to get pre-approved for your loan upfront so a seller knows you are a qualified purchaser.

even in non-competitive markets, it makes good sense to know your buying power before searching homes to be sure your dream home is within your reach.

Freddie Mac points out the advantages of pre-approval in the "My Home" section on their website. "It's highly recommended that you work with your lender to get

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blog photo of home seller / johnsabia.com/blog

Five compelling reasons Selling your home or Condo this summer makes sense.

1. Strong Buyer Demand: The most current Buyer Traffic Index from the National Association of Realtors (NAR) reports that buyer demand continues to be strong across the vast majority of the country. These home buyers are ready, willing, and able to step up and make a purchase. These buyers are in the market right now!

Very often, more than one buyer is competing for the same property. Take full advantage of the home buyer activity presently in the market.

2. Less Competition: Inventory for homes and condos is at or just under the 6-month supply needed for a normal real estate In other words, there are not enough homes and condos for sale to satisfy the demand from

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johnsabia.com blog photo of loan document

You've just closed on your new home and have finished unpacking and begin to settle in. You pick up your mail and you find a notice letting you know that your mortgage has been sold on the secondary market and is being serviced by a new company. You are stunned and question If this allowed? Then you start to worry if the terms of your mortgage have somehow changed? You ask yourself Why would the lender sell my mortgage?

One of the many documents you signed up front during the mortgage application was a a document called Mortgage Servicing Disclosure. This document reports what percentage of the lender’s loans are sold off. Quite often, the majority of approved and funded loans approved by a particular mortgage company will immediately be sold to

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Yard care is a big consideration for many homeowners. Real grass is high maintenance, expensive to water and even more expensive to replace when it burns or damages as a result of bad weather or pests. As an alternative, artificial grass may be perfect for some homeowners. Below are some reasons for and against turf.

For: No Maintenance: Artificial grass does not need mowing, edging, sod replacement, seeding, or watering. Once you lay it down your done. You will need to vacuum from time to time.

Against: Initial Expense: Prices for turf can range from $8-14 dollars per square foot. You can find sales and deals, but, as the saying goes, "You get what you pay for!". The upside is you won't need to re-sod or re-seed it.

For: Long-term

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The numbers are in for the Broward County Real Estate Market Update for March 2019:

Single Family Homes

The number of closed sales for Single Family Homes in March 2019 for Broward County Florida was up by 17 sales (1.3%) with 38 less closed All CAsh sales (-12.6.1%) as compared to March 2018. The Median Sales Price was $7,000 higher (4.3%) and Median Days To Contract was 3 days shorter. The total inventory for homes for sale was higher with 452 more properties (5.4%). The total months supply was up slightly at 4.7 months which is below the six month threshold. most experts agree six months is the base line for a balanced real estate market. The 4.7 months indicates the single family market is still tilted towards sellers.

Condos & Townhouses

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Pet Friendly HOmes Sought by buyers

One of the many reasons for Owning your own home is the opportunity to bring your four-legged family member along with you. A recent study by NAR (National Association of Realtors) found that a love for our pets, has had a significant impact on the home buying and selling process.

In 2018, more than 72 billion was spent on pets in the United States. William E Brown, NAR's President elaborated on the connection between pet owners and their property search.

Mr. Brown suggested, "It is important to understand the unique needs and wants of animal owners when it comes to home-ownership. Realtors® understand that when someone buys a home, they are buying it with the needs of their whole family in mind; ask pet

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Bay Bay Colony Fort Lauderdale

Bay Colony is an exclusive gated luxury waterfront community located in northeast Fort Lauderdale. 24-hour roving armed security offers assure privacy concerns. Estate homes here offer residents deep water access to the ocean.

A look at closed sales shows in Bay Colony, shows there was only 1 closed sale in recorded in October.

Address Bed/Baths Year Built List Price Sold Price Sold Date Days On Market
 35 Compass Isle 5/5 (2).5 2009 $4,4850,000 $4,400,000 10/19/18 123

What's your Home Worth? See a quick online Fort Lauderdale Property Valuation. We're happy to provide you with a more personal analysis of your home as well.

Homes For Sale In Bay

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