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Fort Lauderdale, FL Real Estate News

By Bob & Leilani Souza, Greater Sacramento Area Homes, Land & Investments
(Souza Realty 916.408.5500)
Florida Congressional District 22 Candidate - Lieutenant Colonel Allen West I found this video of Lieutenant Colonel Allen West (Florida Congressional District 22 Candidate) on another forum I frequent and as a military brat and patriotic American who believes in the Constitution, Allen West has sparked my interest and earned my respect with what he represents for the United States of America. I'd like to thank him for his service to our country, both past as a Lieutenant Colonel and present as a politician. My favorite quote from his video is: "The Constitution says: promote the general welfare not provide welfare." BTW, this is the "young lady" Allen West was referring to at 2:20 in the above video: Allen West would definitely get my vote if I lived in Boca Raton, West Palm Beach, Ft....
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By Christopher Shearer, MBA, “San Diego Mortgage Man”
(Mortgage Solutions FCS )
Ten Questions on the Volatile Housing Market Lower Prices Have Spurred Home Sales, but Looming Foreclosures and High Unemployment Are Clouding the Outlook By JAMES R. HAGERTY The U.S. housing market has been in a slump for the past four years. When will it ever end? In recent years, real estate has proven as jittery and unreliable as any other market. The average U.S. home price nearly doubled between January 2000 and April 2006, according to the First American LoanPerformance index. Since then, the average has fallen about 30%. The drop has been 53% in the Las Vegas metropolitan area and 39% in Miami, where about a quarter of all households with mortgages are behind on their payments or in foreclosure. The value of your home might be determined more by whether the neighbors keep their ...
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By Vickie Arcuri, South Florida Luxury Real Estate
(Coldwell Banker Realty)
It's that time of year again! The Winterfest Boat Parade, sponsored by The Seminole Hard Rock Hotel and many other Companies, will be held this Saturday, December 12th. The Parade covers a 12-mile Route of the Intracoastal Waterway and the New River. From Yachts to small Boats, the Holiday Decorations are fabulous. The Boat Parade will begin at 6 p.m. (official starting point is the Riverside Hotel) and more than 100 Boats will be participating. "The Parade encompasses the entire length of Fort Lauderdale, Florida in Broward County. Spectators can view the parade for free in public areas, purchase Grandstand tickets or enjoy the parade at a private party in their home or aboard a multi-million dollar Yacht. The International Festival and Events Association has named Winterfest the top ...
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By David O Midkiff
(EWM Real Estate)
The Ft. Lauderdale real estate market conditions ending November 2009, have ticked up slightly in the standing inventory available to the greater Ft. Lauderdale consumer. Single-Family homes will always be more attractive to buyers for several reasons. First and foremost is easier avenues to get financing. Today, most loans are being guaranteed through FHA. This is a very attractive loan program. FHA currently requires a lower down payment ( as little as 3.5%), asks less in the way of credit worthiness and while affording cheap interest rates, allows the consumers to pass on their loan to the next borrower. FHA is currently the only assumable loan program for which I am aware. When you purchase a single-family home, FHA will willingly guarantee the loan if the home meets the existing se...
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By Christopher Shearer, MBA, “San Diego Mortgage Man”
(Mortgage Solutions FCS )
DECEMBER 3, 2009 Beach Erosion Weighed in Property-Rights Case By JESS BRAVIN The Supreme Court waded into a property-rights dispute Wednesday, weighing whether Florida can restore eroded beaches in front of private homes and designate the newly emerged beach as public property. Erosion threatens nearly 59% of Florida's 825 miles of sandy beaches, according to the state's Department of Environmental Protection. Under a 1961 law, the state dredges sand from one area and dumps it on another, expanding the width of a threatened beach. Associated Press An unidentified woman walks in November in Gulf Islands National Seashore in the Florida Panhandle, where beach rights are in dispute. Six property owners in Walton County, banding together as Stop the Beach Renourishment Inc., argue that th...
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By David O Midkiff
(EWM Real Estate)
Before the actual raw data is crunched, it's key to remember one undeniable point-perception is the key to everything! I will be reporting later in the month with the actual data to support this article. For now, I am stating that the real estate market has already hit bottom and is in the process of taking a slight bounce upward. There are many factors that are key to this statement. In the Greater Ft. Lauderdale area, conditions of real estate sales and refinances are being heavily influenced by the lowest rates ever recorded. The 30-year fixed rate mortgage gravitated last week to 4.78% with the 15 year fixed bottoming out at 4.29%. According to the Florida Association of Realtors, these rates are fueling people's buying decisions on existing homes which are drastically shrinking. In...
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By Jason Donn
(eRealEstate Social Media Group)
In Florida of Course.But not only do they live in Florida, they live in a special neighborhood just for these types of bank executives. They all live in an upscale subdivision in beautiful, sunny Fort Lauderdale, Florida aptly named Shady Banks, where the homestead laws favor unsavory characters of this sort. Yes, this picture does not lie and many former mortgage executives live there. 21 of them to be exact.Well, now it is 18. 3 are in Federal prison. As for the others - 7 are under indictment, 5 are under investigation and 6 are on house arrest.Jason Donn of eRealEstate If you have any other Humorous articles about real estate please visit me and post them on MY SITE  
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By Julie Jones
(Premier Estate Properties)
Julie to the Internet Media World . . . are you there?  I am writing today to request audience feedback.  As an avid blogger during 2009, my platform discussed the good, the bad and the ugly of luxury waterfront and oceanfront real estate markets in Fort Lauderdale.  I also offered strategies in navigating through today's economic challenges, the pros of Green building and renovations.  I enjoyed introducing historical points of interest around Fort Lauderdale as well as tourism attractions (including where to find the most delicious and most expensive Margarita in this tropical paradise).  I reported what draws folks to city living and what fosters neighborhood loyalty, as well as retirement possibilities regarding real estate investments.   (Visit www.luxuryrealestateftl.com to view m...
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By Karina Leal, Sales, Rentals & Prop. Manag. - FALO PORTUGUES!
(Leal USA Realty 561-350-3503 ( FALO PORTUGUES))
"Kids In Distress Inlet Challenge Bicycle Ride “A Fun, Fit, and Friendly way to help the most vulnerable citizens – the children of our community.” Founded in 1979, Kids In Distress is a nationally accredited agency dedicated to the prevention of child abuse, preservation of the family and the care and treatment of abused and neglected children. The Kids In Distress Inlet Challenge starts at 7:00 am sharp on Sunday, December 6th. Join Team zMotion and experience a 100, 62.5 or 31 mile amazing scenic ride along A1A. You’ll have a great time and be cheered on by zMotion Volunteers while supporting a deserving cause. Registered zMotion riders need to meet at the zMotion booth at 6:00am to collect wrist bands, complete waivers and fuel up. The start point is located across from Bahia Mar a...
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By David O Midkiff
(EWM Real Estate)
The Ft Lauderdale real estate market continues to rebound beautifully with help from many stimuli. Today, November, 28, 2009, there is only 7 months of standing inventory of single-family homes in the Greater Ft Lauderdale real estate market and surrounding areas. The actual number of homes listed in the MLS (multiple listing service) is 8,077. There are only 447 foreclosed homes currently listed as active regardless of price. That represents only 5.5% of the homes in the areas in and around Ft Lauderdale. Short sales are a different matter. There are currently 2,611 short sales listed which represents approximately 32.3% of the homes offered in and around Ft Lauderdale. Market conditions for the multi-family market also continue to improve. Currently, there is only 11 months of standin...
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By Julie Jones
(Premier Estate Properties)
Whether one of our own Fort Lauderdale citizens celebrating Thanksgiving in our tropical paradise or a welcome visitor from a colder clime, I wish you a wonderful Thanksgiving Day!  Holidays are always a terrific reason to make time for local fun.  Whether to entertain each other, the kids, or out of town guests, here are a few favorite Fort Lauderdale outings to consider this weekend: 1. BONNET HOUSE MUSEUM AND GARDENS Rated number one of the top 90 "to do" spots in Fort Lauderdale, Bonnet House is an historic 1921 plantation-style home amid tropical gardens and ponds. The home of famed artist, Frederic Clay Bartlett and his wife, Evelyn, the Bonnet House ocean-side grounds and estate are open to the public.  Contact education@bonnethouse.org for more information.  Address: 900 North B...
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By David O Midkiff
(EWM Real Estate)
In today's real estate market, buyers are receiving all the attention. With the first time home buyer's tax credit to the extension of benefits to anyone who presently owns a home, where is the assistance to the sellers out there? In addition to the tax credit, the real estate market is being fueled by low interest rates and the drop in property prices. All of these elements are great for buyers, but again, what about the sellers. How can they get top dollar for their homes? Well in today's marketplace, I have a few tips that will help boost your bottom line as a seller, but first a little tough love. First, you must fall back in love with your home. I know this sounds crazy, but the moment you felt your home didn't meet your current needs, you fell out of love. This lack of emotional i...
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By David O Midkiff
(EWM Real Estate)
Of all the neighborhood communites that comprise the city of Ft. Lauderdale, I chose to set roots in the community of Poinsettia Heights. Poinsettia Heights is a neighborhood in the northeast quadrant of Fort Lauderdale, Florida, and its boundaries are Federal Highway (US 1) to the west, Sunrise Boulevard and adjacent to the neighborhoods of Lake Ridge and Middle River Terrace to the south. Poinsettia Heights was originally known as "North Ridge,". The developer, Gill Construction Company commenced building in the 1940s and early 1950s when many other surrounding communites began to boom. Ft Lauderdale is comprised of many forms of residential homes from the most modest to the most luxurious in the country. Today, an eclectic group of original and recently built homes line the streets f...
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By Vickie Arcuri, South Florida Luxury Real Estate
(Coldwell Banker Realty)
Sapphire Condo Market Update Located on North Ocean Blvd. in Ft. Lauderdale, Sapphire Condo was built in 2009 and upper Floor Units offer beautiful Ocean and/or Intracoastal views.  Construction of both Towers (2821 and 2831) is complete and Closings started in June of 2009.  Per Broward County Tax Records as of today (November 18, 2009), 28 units have been purchased between June 12, 2009 and October 21, 2009.  13 of the Units were purchased in the 2821 Tower and 15 Units were purchased in the 2831 Tower.  Their purchase prices were $360,000 - $900,000 and 22 of the 28 units purchased were purchased for $500,000 and above. Additional Units are currently under Contract for purchase and successful closings will be recorded in Broward County Tax Records. A number of the Units have undergo...
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By Joanne McKeage, Realtor for Over 20 Years
(COLDWELL BANKER RESIDENTIAL REAL ESTATE)
First time home buyers in Fort Lauderdale, Florida.  First time home buyers can be nervous, cautious, apprehensive and sometimes get stuck in their decision making for fear that there might be a better house at a better price out there that they might have missed.  First time home buyers feel many things at once.  They are scared to pay too much, excited to get a good deal, confused and overwhelmed by of the number of homes on the market, and certainly by the short sale and foreclosure process which is so challenging. First time home buyers need guidance and need to understand the environment they are competing in.  Many first time home buyers try to read everything they possibly can about the real estate market and about 'how homes aren't selling', but that is not neccessarily true, es...
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By Ron Maruca
(Charles Rutenberg Realty)
You've got to work as hard or harder than the realtor representing you to find a home of your dreams. You say wait a minute, Isn't my job to approve what my realtor finds me? Why do I have to work at this? The answer is simple. This is a very competitive market. I have stated this for the last 6 to 8 months, we are in a frenzy at the bottom of the real estate market. The sooner the buyer understands that it's dog eat dog out there the sooner they'll have that dream purchase. My motto get there 1st and bid at or substantually above asking price. Many banks set prices low for a bidding war. Even at the higher price you should still be in great shape for the future higher home values. Another insentive for you is the tax credit now extended to April 30 2010 and existing home owner insentiv...
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By Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(Rowlett Real Estate School)
Welcome to the Finest Fully Accredited Online Real Estate School with the best prices available. Check out our website www.RowlettCareerSchool.com. Our passing rate meets or exceeds any other online course provider.  Get your Continuing Ed, take a Post course or Pre Sales Associate Course here. Captain Wayne Rowlett and the Rowlett Career School offer the finest online Real Estate School in the Industry. Please take a few moments to explore our site where you will find detailed information on our full service online real estate school and live Florida classroom course schedule.                                               Home        FAQs       Career Info      Bookstore      General Info      About Us     Contact Us           Select a state below for approved courses    Online Real Es...
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By Tony Hammer, Luxury Homes & Condos For Sale
(LoKation Real Estate)
    The Las Olas Grand Condos towers 38 stories over the beautiful New River in Fort Lauderdale with 211 condo residences. Las Olas Grand Condo units range in size from 1600 to more than 6000 square feet. The seventh floor of the Las Olas Grand contains a number of activity rooms. These include a card room, social room, billiard room and a sports bar with multiple TV's. The Las Olas Grand has 5 European style luxury villas facing the river. Each Villa averages 3150 square feet with 3 bedrooms, 3 1/2 baths, den and family room. Each Villa has a two car garage. The close proximity of Las Olas Blvd. to the Las OLas Grand Condos offers residents luxury shopping in its wonderful boutiques, superb restaurants, shops and cafes. The Las Olas Grand is one of the finest addresses in Fort Lauderd...
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By David O Midkiff
(EWM Real Estate)
As of October 31, 2009, there have been many positive signs that greater Ft. Lauderdale real estate is moving faster each month. Let's go back to April of this year, only 6 months ago, and see what has happened with the inventory of real estate. I didn't want to discriminate by neighborhood, price range, waterfront or any other criteria. I feel when you start putting in criteria to a search, one can skew data. For my current research into the greater Ft. Lauderdale real estate market, I would let just the area stand as the only criteria for this experiment. Since April, the number of Active listings in the MLS has dropped over 25%. This means that not only has the overall number of actual listings been reduced throughout the great metropolitan area of Ft. Lauderdale, the new listings of...
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By David O Midkiff
(EWM Real Estate)
  According to Trendgraphix Facts and Trends, buying a home in Ft. Lauderdale maybe harder than ever. Since the beginning of 2009, the inventory of homes on the market in Ft. Lauderdale has decreased from a 24 month supply to a present 9.4 month supply. This inventory includes all homes listed on the MLS in a price range up to $500k.   It's not difficult to understand why Ft. Lauderdale's more affordable homes are being snapped up so quickly. There are a few reasons which include:   •1.      FHA is the current primary lender of homes with mortgage limits guaranteed to $417,000. In most cases, buyers are only required to place a minimum down payment of 3.5% of the sales price.   •2.      FHA mortgages appeal to most since they are assumable in most cases. This allows the current owner to...
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