The Atriums Palm Beach is a luxury building that is located on the ocean front in Palm Beach. There are tennis courts, basketball courts, community pool, children's pool, hot tub, and exercise room. There is a 24 hour doorperson, with underground parking spaces.
The Atriums Palm Beach has seven floors with units that boast 2-3 bedrooms and 2-3 bathrooms. There are 104 units per building and it was constructed around 1979.
The units in The Atriums Palm Beach have exposures and views of the ocean and/or intracoastal waterways. The 2/2 units are about 1,700 square feet and the 3/2.5 units are generally around 2,700 square feet.
During the past twelve months the average sold information is as follows:
2 bedrooms
2 bathrooms
1,856 square feet
$487,000 sales price
To search for homes in the Atriums Palm Beach:
Cut and paste the following link into your Web browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Wednesday, March 30, 2011
Tuesday, March 29, 2011
Homes For Sale: Case-Shiller Housing Index: January 2011: US Real Estate Pricing Pains Continue
As we have been discussing in prior posts, the South Florida housing market remains weak. According to the latest Case-Shiller Housing Index numbers, South Florida home prices fell for the sixth consecutive month in January 2011; falling to a new five-year low.
The Index's Miami metropolitan area, which includes Miami-Dade, Broward and Palm Beach counties — fell 1.3% between December 2010 and January 2011. On a year-over-year basis, home prices fell 4.7% in January 2011, according to the Case-Shiller Index.
According to the Case-Shiller Index, nation-wide home prices fell 1.0% on a sequential basis in January 2011. On a year-over-year basis the US housing market was down 3.1% in January 2011. Every market in the Case-Shiller Index experienced a sequenital decline in January 2011 with the exception of Washington D.C.
According to the Case-Shiller Index, US housing markets of interest were as follows:
January 2011 January '11/December'10 December/November
Metropolitan Area Level Change (%) Change (%) 1-Year Change (%)
Boston 152.07 -0.3% -0.2% -0.6%
Chicago 115.78 -1.8% -1.4% -7.5%
Miami 141.30 -1.3% -0.5% -4.7%
Minneapolis 113.21 -3.4% -1.5% -7.6%
New York 166.30 -0.9% -1.0% -3.0%
Tampa 128.52 -1.0% -2.7% -7.0%
Composite-10 154.65 -0.9% -0.9% -2.0%
Composite-20 140.86 -1.0% -1.0% -3.1%
As a local Relator, I am aware of the trends in the US market as well as in many of the communities in which I specialize. If you are thinking of selling or buying a home, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
The Index's Miami metropolitan area, which includes Miami-Dade, Broward and Palm Beach counties — fell 1.3% between December 2010 and January 2011. On a year-over-year basis, home prices fell 4.7% in January 2011, according to the Case-Shiller Index.
According to the Case-Shiller Index, nation-wide home prices fell 1.0% on a sequential basis in January 2011. On a year-over-year basis the US housing market was down 3.1% in January 2011. Every market in the Case-Shiller Index experienced a sequenital decline in January 2011 with the exception of Washington D.C.
According to the Case-Shiller Index, US housing markets of interest were as follows:
January 2011 January '11/December'10 December/November
Metropolitan Area Level Change (%) Change (%) 1-Year Change (%)
Boston 152.07 -0.3% -0.2% -0.6%
Chicago 115.78 -1.8% -1.4% -7.5%
Miami 141.30 -1.3% -0.5% -4.7%
Minneapolis 113.21 -3.4% -1.5% -7.6%
New York 166.30 -0.9% -1.0% -3.0%
Tampa 128.52 -1.0% -2.7% -7.0%
Composite-10 154.65 -0.9% -0.9% -2.0%
Composite-20 140.86 -1.0% -1.0% -3.1%
As a local Relator, I am aware of the trends in the US market as well as in many of the communities in which I specialize. If you are thinking of selling or buying a home, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Tuesday, March 22, 2011
Homes For Sale: 1Q:2011: Vacant US Homes and Vacant Florida Homes
The US housing recovery will most likely be on hold for years. There are many reasons as to why, however, one that is becoming more glaring is the amount of vacant homes in the United States. The oversupply of homes should depress new home builds and take a while for the market to return to an equilibrium between supply and demand.
In March 2011, the US Census Bureau revealed that 1.6 million homes in Florida are vacant-- that is 18% of the total. The number of vacant homes increased 63% during the past 10 years.
Florida is the worst state in the nation for vacant homes; Arizona sits at 16%; Nevada is 14% and California is only 8%.
The worst hit county in the state of Florida is Collier, the home of Naples, which stands at 32% of the total homes being empty. Palm Beach comes in at 18%; Broward is 16%; and Miami-Dade is 12%.
The median home in Florida sold for $122,000 in January 2011, which is down 7% from 12 months earlier; this is less than half the price reached at the market peak. The oversupply and reduced influx of people to Florida are reasons to be cautious about the market. During the decade of 2000, the state saw just 5.7% population growth in the second half; the decade had a nearly 18% increase of population during the decade.
The aforementioned statistics are why some real estate experts think it will take a while for the Sunshine State's housing market to appreciate in price. One expert is quoted as saying it taking eight years for the vacancy numbers to reach single digits.
Ingo Winzer, a market analyst for Local Market Monitor is quoted as saying prices will drop another 5% in 2011 and an additional 3% in 2012. Celia Chen, a market analyst for Moody's Analytics says prices will fall another 11% and the bottom won't hit until mid-2012 for Florida; she predicts a market bottom for the United States during mid-2011.
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty>
In March 2011, the US Census Bureau revealed that 1.6 million homes in Florida are vacant-- that is 18% of the total. The number of vacant homes increased 63% during the past 10 years.
Florida is the worst state in the nation for vacant homes; Arizona sits at 16%; Nevada is 14% and California is only 8%.
The worst hit county in the state of Florida is Collier, the home of Naples, which stands at 32% of the total homes being empty. Palm Beach comes in at 18%; Broward is 16%; and Miami-Dade is 12%.
The median home in Florida sold for $122,000 in January 2011, which is down 7% from 12 months earlier; this is less than half the price reached at the market peak. The oversupply and reduced influx of people to Florida are reasons to be cautious about the market. During the decade of 2000, the state saw just 5.7% population growth in the second half; the decade had a nearly 18% increase of population during the decade.
The aforementioned statistics are why some real estate experts think it will take a while for the Sunshine State's housing market to appreciate in price. One expert is quoted as saying it taking eight years for the vacancy numbers to reach single digits.
Ingo Winzer, a market analyst for Local Market Monitor is quoted as saying prices will drop another 5% in 2011 and an additional 3% in 2012. Celia Chen, a market analyst for Moody's Analytics says prices will fall another 11% and the bottom won't hit until mid-2012 for Florida; she predicts a market bottom for the United States during mid-2011.
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty>
Tuesday, March 15, 2011
Homes For Sale: Quarterly Update: Woodfield Hunt Club in Boca Raton Florida
Woodfield Hunt Club has always been known as a premier family community of year-round residents. There are 325 single family homes. About 90% of the residents live in the community year-round.
The family-oriented theme for both Hunt Club I and Hunt Club II is highlighted with three-, four- and five-bedroom homes. Numerous lakes are located throughout both communities.
The community is zoned for the following public schools: Elementary School: Calusa; Middle School: Omni; High School: Spanish River
The community is located very close to several large shopping plazas and the Florida Turnpike.
During the past twelve months we estimate the average sold information is as follows:
4 bedrooms
3 bathrooms
3,491 square feet
$685,000 sales price
To search for homes in Woodfield Hunt Club:
Cut and paste the following link into your Web browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
The family-oriented theme for both Hunt Club I and Hunt Club II is highlighted with three-, four- and five-bedroom homes. Numerous lakes are located throughout both communities.
The community is zoned for the following public schools: Elementary School: Calusa; Middle School: Omni; High School: Spanish River
The community is located very close to several large shopping plazas and the Florida Turnpike.
During the past twelve months we estimate the average sold information is as follows:
4 bedrooms
3 bathrooms
3,491 square feet
$685,000 sales price
To search for homes in Woodfield Hunt Club:
Cut and paste the following link into your Web browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Sunday, March 13, 2011
Homes For Sale: Why Are More Real Estate Buyers Doing Cash Deals?
I have noticed the trend in my own business-- more cash deals. The National Association of Realtors recently published data indicating 32% of homes bought in the US during January 2011 were cash buys compared with 26% a year earlier. I am writing up a cash deal now that started out as one that would be lender financed. Why is this happening more often?
We have discussed weak appraisals in the publication in previous postings. Prices remain weak and lenders are using foreclosures in compararable data. The banks want to be sure they will have adequate collateral and are using discounted foreclosures in their assessment of worth.
Sellers are more motivated by cash deals for this very reason. The seller is not held up by appraisals causing deals to fall through. Therefore, sellers are more motivated to take less money for the increased likelihood the deal will be completed.
Some condominium buyers cannot get financing as a result of falling short of Fannie Mae and Freddie Mac requirements. These agencies will not guarantee mortgages in condo communities where 70% of units in a development are not owner-occupied. Fannie and Freddie guarantee most of the mortgages issued in the US.
Other potential borrowers do not want to be subjected to the onerous process of being approved by a lender. Banks tend to want to look into every aspect of a potential borrower's finances; there are many pages of paperwork to be filled out; and people who can afford to self-finance sometimes decide to opt out of this process.
Many distressed properties do not even qualify for financing because they are in such poor condition.
Real estate investors are beggining to be more active, in my opinion, and the cash only incentive allows them to buy more cheaply. In addition, the investors do not want to have to worry about interest and payments if they can avoid it.
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
We have discussed weak appraisals in the publication in previous postings. Prices remain weak and lenders are using foreclosures in compararable data. The banks want to be sure they will have adequate collateral and are using discounted foreclosures in their assessment of worth.
Sellers are more motivated by cash deals for this very reason. The seller is not held up by appraisals causing deals to fall through. Therefore, sellers are more motivated to take less money for the increased likelihood the deal will be completed.
Some condominium buyers cannot get financing as a result of falling short of Fannie Mae and Freddie Mac requirements. These agencies will not guarantee mortgages in condo communities where 70% of units in a development are not owner-occupied. Fannie and Freddie guarantee most of the mortgages issued in the US.
Other potential borrowers do not want to be subjected to the onerous process of being approved by a lender. Banks tend to want to look into every aspect of a potential borrower's finances; there are many pages of paperwork to be filled out; and people who can afford to self-finance sometimes decide to opt out of this process.
Many distressed properties do not even qualify for financing because they are in such poor condition.
Real estate investors are beggining to be more active, in my opinion, and the cash only incentive allows them to buy more cheaply. In addition, the investors do not want to have to worry about interest and payments if they can avoid it.
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Homes For Sale: Quarterly Update: Woodfield Country Club in Boca Raton, Florida
Woodfield Country Club is centrally located in Boca Raton, Florida. The Country Club is among the most exclusive in an area that boasts many of the top clubs in the state.
The community is located very close to several large shopping plazas and the Florida Turnpike. There are tennis courts, basketball courts, community pool, children's pool, hot tub, and exercise room, spa and all of the ameneties one would expect at a high-end country club community.
During the past twelve months we estimate the average sold information is as follows:
4 bedrooms
3 bathrooms
3,295 square feet
$764,000 sales price
To search for homes in Woodfield Country Club:
Cut and paste the following link into your Web browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
The community is located very close to several large shopping plazas and the Florida Turnpike. There are tennis courts, basketball courts, community pool, children's pool, hot tub, and exercise room, spa and all of the ameneties one would expect at a high-end country club community.
During the past twelve months we estimate the average sold information is as follows:
4 bedrooms
3 bathrooms
3,295 square feet
$764,000 sales price
To search for homes in Woodfield Country Club:
Cut and paste the following link into your Web browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Sunday, March 6, 2011
Homes For Sale: Mizner CC Listing and Free Home Search: Country Club: Delray Beach: Mizner Country Club
Free home search for Mizner Country Club and other real estate (preview listings, etc.)-- homes for sale: cut and paste this link into your browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
Mizner Country Club is one of the premier country club communities in Delray Beach, Florida. There is a mandatory equity membership to the clubhouse in order to live in the community. Amenities include: golf, tennis, fitness center, dining, social events and many other features. The advantageous location is one of the many reasons homeowners have chosen the community. Mizner CC is close to major shopping areas, restaurants, major roads and has almost everything one would need within the confines of the community.
Mizner Country Club Listing: (copy and paste into your Web-browser to view):
http://www.realtor.com/realestateandhomes-detail/8793-Valhalla-Dr_Delray-Beach_FL_33446_M56429-55548?source=web
I specialize in country club communities in Delray Beach and throughout South Florida. Please feel free to contact me for more information on Mizner Country Club or any other community in the area.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
Mizner Country Club is one of the premier country club communities in Delray Beach, Florida. There is a mandatory equity membership to the clubhouse in order to live in the community. Amenities include: golf, tennis, fitness center, dining, social events and many other features. The advantageous location is one of the many reasons homeowners have chosen the community. Mizner CC is close to major shopping areas, restaurants, major roads and has almost everything one would need within the confines of the community.
Mizner Country Club Listing: (copy and paste into your Web-browser to view):
http://www.realtor.com/realestateandhomes-detail/8793-Valhalla-Dr_Delray-Beach_FL_33446_M56429-55548?source=web
I specialize in country club communities in Delray Beach and throughout South Florida. Please feel free to contact me for more information on Mizner Country Club or any other community in the area.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Saturday, March 5, 2011
Homes For Sale: Quarterly Update: Mission Bay in Boca Raton, Florida
Mission Bay is a community of homes and condos located in Boca Raton. Many homes are cinder block construction with a concrete roof, feature hurricane shutters, swimming pool, screened-porch, skylight, vaulted ceilings, garages, French doors, pantry, foyer, walk-in closets, carpeting, ceramic tile and wood floors, cooking island, granite counter tops, refrigerator, disposal, washer, dryer, and dishwasher. Amenities at Mission Bay include game room and swimming pool. Maintenance includes cable television, common area, and security.
The community is located in west Boca Raton, very close to several large shopping plazas and the Florida Turnpike. There are tennis courts, basketball courts, community pool, children's pool, hot tub, and exercise room with classes such as Yoga. Some have described it as a "country club" type community without the costs.
During the past twelve months the average sold information is as follows:
3 bedrooms
2 bathrooms
2,173 square feet
$279,000 sales price
To search for homes in Mission Bay:
Cut and paste the following link into your Web browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
The community is located in west Boca Raton, very close to several large shopping plazas and the Florida Turnpike. There are tennis courts, basketball courts, community pool, children's pool, hot tub, and exercise room with classes such as Yoga. Some have described it as a "country club" type community without the costs.
During the past twelve months the average sold information is as follows:
3 bedrooms
2 bathrooms
2,173 square feet
$279,000 sales price
To search for homes in Mission Bay:
Cut and paste the following link into your Web browser:
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
If you are thinking of selling or buying a home, or require more information, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Homes For Sale: Reasons To Be Bullish On Real Estate
There are plenty of reasons to be cool to the real estate market; this is not limited to looming shadow inventory, extended high-levels of unemployment and geopolitical instability. However, there are some reasons to be optimistic about the US housing market.
The anecdotal evidence I have received seems to indicate local South Florida real estate offices have seen a pick up in traffic during the past several months. The tide may be finally turning and here are some reasons why:
Jobs: the unemployment rate has shown some improvement during the past several months, with national unemployment finally reaching a level under 9%. Polls have shown that Americans believe the employment situation is improving.
Consumer Confidence: the job situation is giving people a better sense of job security. We have seen improving retail information, and this should further increase confidence. More optimism means more planning for the future, which typcially involves home buying.
Young Adults: planning for the future has been something that has been put on hold for many recent post-college graduates. The economic situation has caused many young adults to live at home-- this has caused pent up demand for this age-group.
Foreclosures: despite many foreclosures, lenders have been judicious at doling out the excess inventory in order to not destroy the value of their inventory. Foreclosures will continue to trickle out into the market-- no flood predicted here; should stabilize housing prices.
Inflation: with the current geopolitical sitution, increased food and fuel prices, inflation is again on the minds of consumers. Historically, real estate has been a good hedge against inflation. The expectation of higher prices should spur action for those who have been sitting on the sidelines.
Higher Rents, Low Rates: It has been a buyer's and landlord's market in recent years. As such, the price of renting has been increasing, especially as it has been more difficult to obtain financing. However, those who can afford to buy a home can take advantage of the historically low interest rates and being in the driver's seat for buying.
Investors Are Engaged: the slow trickle of distressed properties onto the market has allowed the investment community to raise funds and seek out deals. The deals remain and so do the investors. I recently put in an offer for an investor and during the same week had an investor customer call for information-- getting ready to make several offers.
If you are thinking of selling or buying a home, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
The anecdotal evidence I have received seems to indicate local South Florida real estate offices have seen a pick up in traffic during the past several months. The tide may be finally turning and here are some reasons why:
Jobs: the unemployment rate has shown some improvement during the past several months, with national unemployment finally reaching a level under 9%. Polls have shown that Americans believe the employment situation is improving.
Consumer Confidence: the job situation is giving people a better sense of job security. We have seen improving retail information, and this should further increase confidence. More optimism means more planning for the future, which typcially involves home buying.
Young Adults: planning for the future has been something that has been put on hold for many recent post-college graduates. The economic situation has caused many young adults to live at home-- this has caused pent up demand for this age-group.
Foreclosures: despite many foreclosures, lenders have been judicious at doling out the excess inventory in order to not destroy the value of their inventory. Foreclosures will continue to trickle out into the market-- no flood predicted here; should stabilize housing prices.
Inflation: with the current geopolitical sitution, increased food and fuel prices, inflation is again on the minds of consumers. Historically, real estate has been a good hedge against inflation. The expectation of higher prices should spur action for those who have been sitting on the sidelines.
Higher Rents, Low Rates: It has been a buyer's and landlord's market in recent years. As such, the price of renting has been increasing, especially as it has been more difficult to obtain financing. However, those who can afford to buy a home can take advantage of the historically low interest rates and being in the driver's seat for buying.
Investors Are Engaged: the slow trickle of distressed properties onto the market has allowed the investment community to raise funds and seek out deals. The deals remain and so do the investors. I recently put in an offer for an investor and during the same week had an investor customer call for information-- getting ready to make several offers.
If you are thinking of selling or buying a home, please feel free to contact me.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
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