Case Shiller Housing Index: October 2012: "Sustained Recovery In Home Prices" : Homes For Sale : Homes For Rent

Quoting from the Case-Shiller report, “Looking over this report, and considering other data on housing starts and sales, it is clear that the housing recovery is gathering strength."  The indication is the US housing market is continuing on its path to recovery.

The Index's 10-City and 20-City Composites in October 2012 are back to levels seen in autumn of 2003; still way off the peak levels in June/July 2006.  Both Composites are still 30% and 35% off their peak levels, respectively. 

The South Florida market saw relatively flat sequential growth in October 2012.  However, the year-over-year comparison was up 8.5% in October 2012. 

Quoting from the October Case-Shiller Index report, “Annual rates of change in home prices are a better indicator of the performance of the housing market than the month-over-month changes because home prices tend to be lower in fall and winter than in spring and summer." 

Currently, inventory levels remain tighter than the previous year (please see some earlier posts for more information) in the South Florida housing market.  I remain cautiously optimistic for the market as a whole.  The potential for a new wave of foreclosures is a concern, in my opinion.  However, I do not expect to see a large drop in home prices; a relatively flat market is more likely, in my view. 

Other areas of interest:

Oct-12	Monthly	Sequential	Annual
Metropolitan Area	Level	Change	Change
Boston	155.13	-1.40%	1.60%
Chicago	114.9	-1.50%	-1.30%
Miami	149.97	-0.20%	8.50%
Minneapolis	124.96	-0.70%	9.20%
New York	165.3	-0.40%	-1.20%
Tampa	134.08	-0.50%	5.90%
Composite 10	158.77	-0.10%	3.40%
Composite 20	146.08	-0.10%	4.30%
Source:
S&P Indices
Firserv

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550. For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com Michael Friedman Realtor, Certified Distressed Property Expert (CDPE) Member of Who's Who in Luxury Real Estate Lang Realty 561-247-3550 An Analytical Approach To Buying, Selling and Leasing Real Estate http://MYsouthFLrealestate.com The greatest compliment you can give is the referral of your friends and loved ones 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

US Home Sales Increase In November 2012; To Help US Economy Grow In 2013? : Homes For Sale : Homes For Rent

Sales of existing homes rose 5.9% to 5.04 million annual rate in November 2012, according to the National Assocation of Realtors.  The rate is the highest since November 2009.

Some economists believe the housing industry will help grow the US economy in 2013.  Mark Zandi, chief economist at Moody's Analytics stated the following: “Housing is going from being a powerful headwind to the economy to what will be a powerful tailwind.  It turned around in 2012, and I think it’s going to take off in 2013.”

According to Bloomberg Consumer Confidence Index, rising real estate values is helping to lift consumer confidence; the Bloomberg Consumer Confidence Index is at an eight month high. 

For those who were waiting for a "bottom" in the real estate market, now might be the time to start looking for a home to purchase.

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate

http://MYsouthFLrealestate.com

The greatest compliment you can give is the referral of your friends and loved ones

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

Making Dreams Come True On The Oceanfront Of Highland Beach, Florida: Ambassadors: Homes For Sale: Homes For Rent

One of the nice aspects of working in real estate is helping people find their "dream" homes.  One couple I worked with decided to fulfill their dream of living on the oceanfront.  After much searching, we settled in on Ambassadors South in Highland Beach.

Among the best features is the private access to the beach.  The community has beach chairs that are reserved for homeowners so you do not have to bring chairs down from your building.  The private pool overlooks the ocean and you can lay out by the pool and enjoy the waves of the ocean nearby. 

There are barbeques that residents can  utilize and an area to eat outside that all overlook the water.  If you want to come inside from the pool there is a lot to do.  You can sit by the large screen television, take out books from the library or just sit and play on the card tables.

If you want to take a stroll or run along the beach in the morning, you can certainly do that.  However, you can also run on the treadmill in the exercise room as well as utilize the many pieces of exercise equipment.  You can train with weights and work on an exercise bicycle; all of this in the comfort of your home or the nearby beach.

The amenities and natural beauty that the Ambassadors South in Highland Beach has to offer was what was part of the dream for my clients.  After years of hard work and sacrifice, it was a pleasure working with them to help find the home that fulfilled their life long desires. 

Please feel free to contact me and let me know what type of home you are looking for.  We will work to be sure you find the home you have always wanted.  Whether it be in a country club, on the oceanfront or any other lifestyle you can imagine, let me know and we will make it happen.

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.

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

South Florida Recent Housing Cycle Review & Zillow.com South Florida Home Price Prediction For 2013 : Homes For Sale : Homes For Rent

In order to predict where South Florida Home Prices will go in 2013, it makes sense to review the current South Florida housing market cycle.

According to an article in the Sun-Sentinel, single family home prices peaked at $421,000 in November 2005. 

During 2006 home prices began to decrease and it was taking longer to sell.  Prices continued to decline in an attempt to entice buyers.  When it became apparent  that prices were continuing to decline, even more homes came out onto the market in an effort to get out before prices declined further.

The "housing crisis" was beginning to take form in 2007.  The year saw the economy slow down and jobless claims began to steadily increase.  House prices in South Florida began to decline in earnest.

According to a study by Zillow.com for the Sun-Sentinel, "strong" home sales over the past 18 months have reduced the glut of inventory in the Palm Beach County market.  The County saw its housing inventory decrease 43% in October 2012 over October 2011.  In turn, home prices have increased in Palm Beach County in South Florida, according to the study.

According to the article, homes have historically increased 2.0% to 4.0% annually. 

Zillow.com predicts home values in the South Florida market will rise by 2.1% over the next year.

For those buyers who  were waiting on the sidelines so as to not "catch a falling knife"-- the opportunity to buy may be here. 

For sellers who were waiting to see market prices increase, it might be a good time to contact me to get your home ready to be listed.

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Have Palm Beach County, South Florida, Home Prices Hit A Bottom In This Cycle? : Homes For Sale: Homes For Rent

According to a recent article in the Sun-Sentinel, we may have reached the point of a "bottom" in the current real estate cycle.  Zillow.com prepared a study for the Sun-Sentinel and the conclusion seems to be that we are at, or near, the price trough for the current housing cycle in Palm Beach County.

The study showed nearly half of the 43 communities in Palm Beach County posted double-digit price gains in October 2012 over the previous low price point in the current South Florida real estate housing market cycle.

Price increases off the "bottom" does not seem to be focused on one segment of the market; it seems to be a more broad "recovery."  The study showed an increase in prices in, "exclusive waterfront enclaves and working class communities alike."

Single family home prices in Palm Beach County peaked at $421,500 in November 2005, according to the study.  The article seems to indicate Zillow.com believes we began to come off the low in Palm Beach County prices during the past 12 - 18 months. 

Although I agree we have seen improvements in the South Florida real estate market during the past year, I am still concerned about the potential for an increase in foreclosures in the coming year (2013).  Lenders were slowed in pursuit of foreclosures from the "robo-signing" situation.  I expect to see more foreclosures in the market during 2013 when compared with 2012; this could have a dampening effect on the market's continued climb in prices.

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Case Shiller Housing Index: September 2012: South Florida Sequential Growth Slowing

The September 2012 Case Shiller Housing Index showed the trend of slowing housing price increases.  The National Index was up only 0.3% on a sequential basis in September 2012.  The South Florida real estate market was only up 0.1% in September 2012 over August 2012, according to the Case Shiller Index figures.
 
David M. Blitzer, Cha irman of the Index Committee at S&P Dow Jones Indices commented that "We are entering the seasonally weak part of the year. The headline figures, which are not seasonally adjusted, showed five cities with lower prices in September versus only one in August; in the seasonally adjusted data the pattern was reversed: one city fell in September versus two in August. Despite the seasons, housing continues to improve."
 
The question I have is whether it is infact the slowing growth is a seasonal factor or whether the market is "leveling out." In general I sense there is more activity in the South Florida real estate market now when compared with a few months ago.  So, I tend to think the trend of the Case Shiller Index is indeed a seasonal issue.  We will continue to monitor the trends in the national and South Florida markets.

Other markets of interest:

Sep-12	Monthly	Sequential	Annual
Metropolitan Area	Level	Change	Change
Boston	157.26	-0.60%	1.90%
Chicago	116.69	-0.60%	-1.50%
Miami	150.24	0.10%	7.40%
Minneapolis	126.02	1.10%	8.80%
New York	166.1	-0.10%	-2.30%
Tampa	134.9	0.00%	5.90%
Composite 10	158.93	0.30%	2.10%
Composite 20	146.22	0.30%	3.00%
Source:
S&P Indices
Firserv

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Palm Beach County Home Prices Up Sharply In September 2012: Homes For Sale: Homes For Rent

According to the Realtors Association of the Palm Beaches, the median sales price for existing homes in September 2012 was up 25% from a year earlier.  The median price for a condominium was up 10% on a year-over-year basis in September 2012.

Sellers are holding out for their prices as the level of inventory continues to decline.  There were 6,605 single family homes on the market at the end of September 2012, which was nearly half the number as a a year ago.  Condominiums on the market were down about 40% during the same time.

Affordability of homes, low mortgage rates and decreasing options has helped drive home prices upward.  If the lenders are able to properly manage the introduction new distressed property inventory, I suspect home prices will hold steady or could continue to rise.  The presumption is that not much else changes in the current housing market.

I take an analytical approach to buying, selling and leasing real estate.  I work with families, people looking for a second home, investors, etc.  As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Some Potential Pitfalls To Buying "Foreclosed" Homes Through Auctions

Given my analytical approach to buying, selling and leasing real estate, I attract real estate investors as clients.  I am able to break down the market in qualitiative and quantitative terms in order for the investor to better understand the market and execute on their investment plans.

Many times I am asked about potentially buying homes at auction.  I caution people to be careful.  A case in point is the recent article in the Sun-Sentinel in the September 23rd issue in regards to online auctions in Broward and Palm Beach counties.

The gist of the article surrounded around people who thought they bought homes in the public auction only to find out about a "poison pill" embedded.  The homes they bought were then foreclosed on by one or more banks.

Some investors who bought auctioned homes that were foreclosed upon by a homeowners association, were then being foreclosed upon again by banks.  Essentially the homeowners association debt was auctioned under the guise of a foreclosure auction.

Investors think they are getting a great deal only to learn they bought a worthless second mortgage or other liens, according to Lloyd McClendon, who heads 1Auctions.com, which runs the online foreclosure acutions for Broward County. 

Title searches and other measures should be done to be sure you know what you are bidding on.  In my opinion, those looking into foreclosures should work with an attorney.  Another avenue to look into is working with a Realtor on homes that are listed with a broker. 

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Verbal Offers / Low Earnest Money Deposits: Homes For Sale: Homes For Rent

Whether buying or selling real estate there comes a time when a verbal offer is made or received as well as one with a relatively low level of an earnest money deposit.  I recommend buyers put forth an offer in writing with a reasonable amount of money in an escrow account. 

Many buyers do not want to "waste time" putting together an offer or "tie up" money in escrow.  However, if representing a seller I would like to know that the offer is a serious one and will be willing to stay the course through the entire process of a real estate transaction.  If not, you run the risk of being passed over for another "deal" that comes along.

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling And Leasing Real Estate

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Case Shiller Housing Index: August 2012: US Home Prices Continue To Rise: Homes For Sale: Homes For Rent

The Case Shiller Housing Index indicates housing prices continued to show positive momentum during August 2012.  The market was up about 1.0% on a sequential basis and about 2.0% on a year-over-year basis in August 2012.

Positive consumer confidence trends, consumer default rates are dropping and the inventory levels of homes are in decline.  We have touched on the declining inventory for several months now.  People who have been putting off the purchase of a home are entering the market to buy, just at a time when inventory levels seem to be decreasing.

The South Florida housing market continues to show solid growth.  The Case Shiller Index shows prices in South Florida increased 2.0% on a sequential basis and almost 7% on a year-over-year basis during August 2012. 

From a macro-economic perspective, it seems to me inflationary pressures on commodities, etc. will help to push up the price of homes.  The recent activity for new construction will improve the situation in the labor market for construction, in my view; this could also put upward pressure on future home prices.

Some other markets of interest:

Aug-12	Monthly	Sequential	Annual
Metropolitan Area	Level	Change	Change
Boston	158.27	0.70%	1.70%
Chicago	117.45	0.70%	-1.60%
Miami	150.12	2.10%	6.70%
Minneapolis	124.65	1.20%	7.40%
New York	166.32	0.70%	-2.30%
Tampa	134.91	0.40%	4.20%
Composite 10	158.62	0.90%	1.30%
Composite 20	145.87	0.90%	2.00%
Source:
S&P Indices
Firserv

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550. 

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

I take an analytical approach to buying, selling and leasing real estate.

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Wakodahatchee Wetlands In Delray Beach: Homes For Sale: Homes For Rent

The Wakodahatchee Wetlands allow people of all ages to learn and enjoy nature.  There is no cost-- it is free-- and allows for an interactive learning experience.

The hours are dawn until dusk and is located at:

13026 Jog Road, Delray Beach, FL 33446
 

There is a boardwalk that is about a mile long and hovers over the swamp.  The boardwalk allows strollers and offers places to sit and take in the sights along the way.

 

The wetlands are home to birds, alligators, turtles, fish and all different types of plants.  The scenic views and wildlife allows for great photo opportunities.

 

For more information about the Wakodahatchee Wetlands, you can call: 561-493-6000
 

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Palm Beach and Broward Counties Continue Positive Housing Trends: Homes For Sale: Homes For Rent

According to the Realtors Association of the Palm Beaches, Palm Beach County saw a 12% price increase in August 2012 over the previous year.  The sales of homes (i.e., units) were up 8% during the same timeframe for Palm Beach County.

According to the Greator Fort Lauderdale Realtors, a similar trend happened in Broward County, which saw prices increase 13% on a year-over-year basis in August 2012.  The sales of homes (i.e., units) were up 15% during the same timeframe for Broward County.

Sellers are enjoying the lower levels of inventory through higher prices.  Palm Beach County home inventory was about 44% on a year-over-year basis in August 2012,  according the the Sun-Sentinel.  The newspaper reported Broward County saw less than half of the number of homes for sale in August 2012 versus August 2011.

I have mentioned my recent experiences with clients that are similar to what the numbers that are being reported are telling us about the South Florida housing market. 

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.



For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Case Shiller Housing Index: July 2012: Positive Trends Continue

According to the Case Shiller Housing Index, prices increased by about 1.0% in July 2012 on a year-over-year basis and was up about 1.5% on a sequential basis during the same timeframe.

South Florida saw housing prices increase by 5.3% on a year-over-year in July 2012, according to the Case Shiller Index; the sequential movement was positive 2.1%. 

This is what David Blitzer, Chairman of the Index Committee at S & P said: “Home prices increased again in July. All 20 cities and both Composites were up on the month for the third time in a row. Even better, 16 of the 20 cities and both Composites rose over the last year."

He went on to say “The news on home prices in this report confirm recent good news about housing." "All in all, we are more optimistic about housing."

I continue to see shrinking inventory levels and continued interest in the markets that I serve.  When discussing the current market with other real estate professionals, they seem upbeat.  I recently talked with a person heading up a mortgage division.  He seemed encouraged by what he is seeing in the market.

Some areas of interest:

Jul-12	Monthly	Sequential	Annual
Metropolitan Area	Level	Change	Change
Boston	157.22	1.80%	0.90%
Chicago	116.7	2.70%	-0.90%
Miami	148.7	2.10%	5.30%
Minneapolis	123.17	3.70%	6.40%
New York	165.23	1.20%	-2.60%
Tampa	134.12	0.90%	3.60%
Composite 10	157.3	1.50%	0.60%
Composite 20	144.61	1.60%	1.20%
Source:
S&P Indices
Firserv

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com


Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550


http://MYsouthFLrealestate.com



Referrals are appreciated and welcomed.



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

Delray Beach Wine and Food Festival

The Delray Beach Wine and Food Festival is scheduled for November 10th and 11th. 

There will be more than 150 exhibitors to choose from.  As you might imagine there will also be music playing while you have the opportunity to taste some of the food from local restaurants and wine pairings.

Wine will be offered at $8 a glass with the opportunity for a $50 pass to enjoy free wine all day long (also comes with a commemorative glass and lanyard).  This will be taking place near the Intracoastal Waterway.

For more information, visit DBWineandSeafood.com or call 561-279-0907.



As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com


Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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

Delray Center For The Arts: Delray Beach

There are many cultural activities in the South Florida area and not just in the Miami area.  Delray Beach offers the Delray Center for the Arts for those in the loca area to enjoy many fun events.

The center is at 51 N. Swinton Ave. For more information, call 561-243-7922 or view http://www.DelrayCenterForTheArts.org.


The center offers more than 1,200 events a year and its programs reach about 500,000 people annually.  The center recently changed it's name and began a new advertising campaign in an attempt to increase awareness.

The center will be celebrating its new identity and initiatives on October 12th with a free concert with Across the Universe, a Beatles tribute band, begins at the outdoor Entertainment Pavilion at 7:30 p.m.

Check out the other activities being offered at the Web-site above.



As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com


Michael Friedman

Realtor, Certified Distressed Property Expert (CDPE)

Member of Who's Who in Luxury Real Estate

Lang Realty

561-247-3550



http://MYsouthFLrealestate.com



Referrals are appreciated and welcomed.



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

Seller's Market Again In South Florida? Homes For Sale: Homes For Rent

A seller's market might be emerging once again in the South Florida real estate market.

The Realtors Association of the Palm Beaches reported Palm Beach County's median sales price for existing homes increased 12% in August 2012 from the previous year; unit sales were up 8% during the same time frame.

The levels of inventory is contracting and buyers are finding they do not have the same leverage they recently enjoyed.  The vast majority of people I have worked with recently marveled at the lack of current inventory.  I have heard, "can't be all there is" and "are you sure there aren't more available" when I send search results. 

When speaking with people who are thinking of selling their home and/or renting it, they all seem to be keenly aware that prices are moving up for both-- and inventory is moving quickly.

The market is continuously changing.  Contact me for more information.

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


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