Fort Lauderdale, FL Real Estate News

By Michael Sahlman, e-PRO - Miami Beach Florida Luxury Homes
(www.HomesForVIPs.com - Keller Williams Realty)
In June 2008 in Broward County, the inventory was down 1%, sales decreased 12% and pending sales were up over 8% over the last month. Compared to a year ago, the inventory is down about 3% and sales are down over 16%. Currently there are 23,250 condos available for sale; 740 condos sold for an average price of $199,000 and were on the market for an average of 121 days. The median price was $155,000. 955 condos went pending in June (into contract). For more information about real estate in Broward County, Fort Lauderdale, Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you in buying, selling or investing here in...
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By Michael Sahlman, e-PRO - Miami Beach Florida Luxury Homes
(www.HomesForVIPs.com - Keller Williams Realty)
In June 2008 in Broward County, the inventory was stayed the same, sales increased about 12% and pending sales were up about 8% over the last month. Compared to a year ago, the inventory is up about 3% and sales are down over 16%. Currently there are 16,453 single family homes available for sale; 765 homes sold for an average price of $386,000 and were on the market for an average of 112 days. The median price was $301,000. 992 condos went pending in June (into contract). For more information about real estate in Fort Lauderdale, Broward County, Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you in buying, sel...
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By Vickie Arcuri, South Florida Luxury Real Estate
(ONE Sotheby's International Realty)
In a Blog post on Tuesday, I wrote about my work this week with an International Buyer from Bogota, Colombia who's interested in Lauderdale by the Sea Waterfront Condos for Sale and Ft. Lauderdale Oceanfront Condos for Sale.  Yesterday, we continued our search and viewed L'Hermitage Condos, L'Ambiance Condos, and Coconut Grove Beach Residences in Ft. Lauderdale. L'Hermitage Condos, L'Ambiance Beach Condos, and Coconut Grove Condos are all located in Ft. Lauderdale and are direct Oceanfront Buildings ON the Beach (not across from it). L'Hermitage was built in 1998 and includes 2 buildings with 222 Condos in each building, located at 3200 N. Ocean Blvd. and 3100 N. Ocean Blvd. Currently, 42 total units are listed for sale, priced between $798,900 and $3,900,000. This year, 7 L'Hermitage C...
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By Investor Realty Group, Local Expertise with a Global Reach
(Investor Realty Group, LLC)
   In today's slowing real estate marketplace, having properties sell quickly and efficiently offer obvious advantages. Assisting lenders, by moving properties through the Auction process enables the lender the option to spotlight properties through a highly effective Auction marketing campaign that often results in multiple offers and closings that do not exceed 35 days. We fully cooperate with listing Brokers of REO properties. Both the Auctioneer and the Broker are compensated from the buyer in the form of a Buyers Premium.   With today's increasing foreclosure rates and fewer qualified buyers, auctions can create the momentum and awareness needed to close more deals and reduce the ongoing liabilities associated with unsold inventories.
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By Investor Realty Group, Local Expertise with a Global Reach
(Investor Realty Group, LLC)
There are countless benefits for choosing the Auction method over a traditional sale. 1) Our typical auction closes within 35 days after the Auction sale date. This offers the seller a huge advantage in this market. 2) Exclusivity, which simply means all of the focus is on your property. We spotlight your property for several weeks through many methods to ensure maximum visibility to attract as many bidders as possible on Auction day. 3) By selling through Auction we provide you a time table to sell and close, therefore helping you to minimize carrying cost that erode value and equity. Finally you will be working with highly seasoned professionals with decades of Auction experience. Investor Realty & Auction Group currently holds several designations including the distinguished AARE des...
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Carbon Footprint is a measure of the amount of carbon dioxide produced by a person, organization of location at a given time, impacting the environment with carbon emissions.  Many folks have become aware of their own carbon footprints.  I invite you to measure yours. visit www.carbonfootprint.com/calculator.aspx, or take a carbon footprint quiz at http://www.footprintnetwork.org/gfn.  Conservation International suggests these ten simple and immediate changes to reduce the greenhouse effect on our planet: •1.       Replace incandescent light bulbs with compact fluorescent lights (CFLs). CFLs last 10 times longer, use 66% less energy and deliver the same light levels.  CFLs reduce greenhouse gas emissions and burn at a lower temperature.  •2.       Turn your thermostat down just three de...
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By Julie Jones
(Premier Estate Properties)
In the latest issue of Focus on Fort Lauderdale published by the City of Fort Lauderdale good news prevailed!  Continued confidence in the financial management of the City of Fort Lauderdale by the Wall Street's leading credit rating institutions is resulting in strong bond ratings and an optimistic outlook for the City.  The Standard and Poor's (S&P) and Moody's Investors service affirms a dramatic financial rebound from the City's financial difficulties in 2003.  S&P's latest reports assigned an AA rating with Moody's providing an Aa2 rating.  Such positivity results from bond rating upgrades in 2007 while other cities across the state faced bond downgrades. Sound finances, effective debt service coverage and good liquidity facilitate strong bond ratings translating into savings of mi...
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By Julie Jones
(Premier Estate Properties)
If you would like to be close to the action of Las Olas and downtown Fort Lauderdale then 1723 North Atlantic Boulevard can be previewed at www.premierestateproperties.com, web reference F929482 and offered at $3.695M. Enjoy oceanfront views and breezes poolside from this Mediterranean inspired residence which has over 4,000 square feet of exciting contemporary interiors, an open floor plan for elegant beachside living, gourmet kitchen, ultra luxurious master and many other custom luxury features.  Imagine the convenience of a beautiful beach residence less than a mile from Fort Lauderdale's bustling urban center. The Northern end of the beaches offer another set of outdoor cultural and recreational activities.  Historic Bonnet House, the 20th Century winter home of the Bartlett family,...
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By Julie Jones
(Premier Estate Properties)
If you dream of living amid soaring ocean views within footsteps of the sand, your golden opportunity has arrived.  This summer, current list prices for several of Fort Lauderdale's spectacular beach-side penthouses are making dreams come true.  For example, the world famous Saint Regis Resort and Spa has a penthouse originally listed at $17 million now available for just under $9 million.  This spectacular offering covers the entire 24th and 25th fifth floors of the resort, commanding views from every compass point.  The residence features a private, interior glass elevator, a spiral staircase viewing the Intracoastal Water Way, as well as doorman and butler services.  Owners enjoy private membership to the St. Regis Astor Club located on premises.  For more about this St. Regis jewel,...
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By Benito Borrero
(Century21 City Real Estate Corp/)
El mercado inmobiliario en el Sur Este de la Florida en en los condados de Broward, Dade y Palm Beach esta lleno de buenas oportunidades para aquellos que quieren y pueden comprar en estos momentos. Si su credito es razonablemente normal los bancos les pueden financiar hasta un 90% dependiendo de la propiedad que Ud. quiera adquirir y sin duda son muchas las propiedades que en estos momentos estan disponibles a un gran precio para el comprador. En ciudades como Parkland en estos momentos puede adquirir propiedades por menos de $300,000.00 algo impensable hace tan solo un año. Si nos acercamos a Coral Springs, los precios son mas bajos y puede encontrar casas por menos de $250,000.00. estas dos ciudades son conocidad entre otras cosas por los buenos colegios de los que disponen. Sin dud...
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By Regena Ozeryansky
(Keller Williams Realty)
Dear Realtors, So the market is tough- mhich means more calls, more leads, more deals, (not exactly more closings;p Nonethemess, there is a silver lining and it's called perservance & perspective...   A wise man once said "Ty not to become a man of success, but rather try to become a man of value." Let's keep this in mind for our clients, ourselves and our sanity. All the Best!   Regena OzeryanskyKeller Williams Realtywww.EasyHomeMatch.com
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By Lynne Hale, Luxury Waterfront Expert!
(Re/Max Preferred)
Hi: I am a very active Realtor in buying and selling residential homes the Fort Lauderdale, Florida area encompassing the 3 counties of Broward, Dade and Palm Beach including the Miami, Boca Raton areas.  The prices of homes in this area have plummeted so much that buyers are coming from all nations and states to purchase here.  Its a great time for all the investors to get into the market while it's down and secure the property for the subsequent rise to come.  I would think that within 1-2 years the prices will be stable again and south Florida will again be a very hot market.  As a buyer right now, you have your choice of area and price.  It is a little harder for the sellers at this time and anyone not needing to sell right now should wait a while, but I have expertise in Short Sale...
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By Karen Monsour, REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert!
(Coldwell Banker Fort Lauderdale Beach)
Fantastic home in Jacob's Landing (River Oak's), just adjacent to La Preserve, this one story 4/2/1 has new Pergo Brazilian cherry floor's, and new paint...6 month's new.  Located on a quiet cul-de-sac, this magnificency manicured oversided lot is wonderful for a family. The lanai overlook's the pool in a serene setting. City sewer system. Excellent location for anyone working in the Marine Industry as it is minutes to the Port Everglades in Fort Lauderdale.  It is also minutes away from the Fort Lauderdale airport. It is also within close proximity to Broward General Hospital and the Broward County Court House.  Perfect home for the Executive, a corporate relo.  Give me a call and I can give you all the details! Relax and enjoy this private secluded atmosphere... Priced $100K below com...
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By Karen Monsour, REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert!
(Coldwell Banker Fort Lauderdale Beach)
According to the RAGFL (Realtor Association of greater Fort Lauderdale) sales were up in April.  There was a very slight increase in the homes that were listed for sale. AND, there was a 26% increase in closed sales for Single Family Homes!  Great news! The average sale price was $437,740 a 3% increase over last month (March). The median sale price remains at $300,000.00. Condo closed sales were also up by 15%. The average sale price was $219,047, which reflects a 12% increase over March. The median price for closed sales were $140,000 which is a 1% increase over March. The available inventory is about the same at Single Family Homes at 12,524, about 4% less than last month. The condo inventory is at 16,104 which is 1% less than last month as well. The month's of available inventory is ...
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By Vickie Arcuri, South Florida Luxury Real Estate
(ONE Sotheby's International Realty)
Some of you who have read my Blog for a while know that I've been a Big Sister with Big Brothers Big Sisters of America since 1997 and that my local volunteer office is Big Brothers Big Sisters (BBBS) of Broward.  Just over 100 years old, Big Brothers Big Sisters of America is the oldest one-on-one mentoring organization.Yesterday was BBBS Broward's 29th Annual Fishing Tournament, a Charity Event where local Fishing Captains volunteer their time and Boats for a 4-hr. event, taking Little Sisters and Little Brothers out with their Mentors (Big Sisters and Big Brothers) to Cruise or Fish.I have been matched with my current Little Sister for 4 years and we've attended the event each of those 4 years since she was 8.We weren't able to book one of the Fishing Boats today, so we cruised inste...
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By Jason A. Kapit, Esq.
(Keller Williams Realty Professionals)
Hi-Life Cafe is Fort Lauderdale comfort food defined.  Great feel, warm and friendly atmosphere, gracious greeting upon entry.  So nice in fact, you find yourself almost genuinely hoping that the food will not disappoint.  No need to hope or pray.  Chuck and Carlos (co-owners) deliver and do a phenomenal job at maintaining a quality food experience even as their small wonder has climbed to the top of Fort Lauderdale's choice food kingdoms.  Start out with what may possibly be the best Sangria in South Florida.  Not sure if you like Sangria?  They aim to please with offerings of red, white or champagne.  The concoctions are made right in front of you using only the freshest ingredients.  A refreshing twist from the routine cocktail and a precursor to all of the new dishes you are about t...
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By Goran Jovanovic, Realtor, www.goranflorida.com
(KW Elite)
Fort Lauderdale, Florida WHAT A GREAT VIDEO! Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. Principal city of the South Florida metropolitan area.The city is a popular tourist destination, with 10.35 million visitors in 2006.The city is a major yachting center, with 42,000 resident yachts and 100 marinas and boatyardsFort Lauderdale and its suburbs host over 4100 restaurants and 120 nightclubsBest Real Estate Deals in Florida!Goran Jovanovic Keller Williams Elite Properties.For best Real Estate Deals CALL ME NOW: 954-243-7570http://www.goranflorida.comProduction: http://www.FloridaSearchonLine.comemail:floridasearchonline@gmail.comFort Lauderdale is named after a series of forts buil...
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By Vickie Arcuri, South Florida Luxury Real Estate
(ONE Sotheby's International Realty)
Luxury Condos Sold in Ft. Lauderdale- Waterfront Condos for Sale- Ft. Lauderdale Oceanfront Condos - Ft. Lauderdale Condos for Sale  During the month of April, 2008, according to sales recorded in the S.E. Regional MLS, there were 14 sales of Condos that were sold at final sale prices over $1,000,000 in Broward County. Of course, there are luxury Condos that sold for less than $1,000,000, but for this post, I am highlighting the ones that sold at or over $1MM. The Condos sold between final sale prices of $1,050,000 - $3,550,000.  They are located in Ft. Lauderdale, Lauderdale by the Sea, Pompano Beach, and Hollywood: L'Hermitage (2 Sales) L'Ambiance (1 Sale) La Rive (1 Sale) Las Olas Beach Club (2 Sales)  Aquazul (1 Sale) Corniche (1 Sale) Cristelle (1 Sale) Hampton Beach Club (1 Sale) ...
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By Vickie Arcuri, South Florida Luxury Real Estate
(ONE Sotheby's International Realty)
Located at 1200 Holiday Drive, adjacent to the Harbor Beach Marriott, Coconut Grove Residences holds the distinction of being Ft. Lauderdale newest Condo located directly on the Sand. Coconut Grove Residences is a 12-Floor direct Oceanfront Building offering only 64 luxury residences.  13 Floorplans are offered in units ranging in size from 1,465 square feet - 5,195 square feet (1 Bedroom with 1.5 Baths - 3 Bedrooms with 3.5 Baths). Coconut Grove Residences Amenities include:5-Star Concierge/Management ServicesAn 8-seat private Movie Room, which can be reserved via your SMART panelCardio RoomBeautiful freeform Pool11 Oceanside CabanasKey Operated ElevatorsThe completion of Coconut Grove Residences was delayed for a few months, but the pending Contracts finally started closing.  Between ...
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