Fleet Week in Fort Lauderdale 2015: May 4th to May 10th in Port Everglades, Fort Lauderdale- View US Navy and US Coast Guard Ships Free

Fleet week is scheduled for May 4th to May 10th  and is located in Port Everglades, Fort Lauderdale.  This event allows you to tour US Navy and Coast Guard ships for free.  You will need to sign up in advance in order to view the ships.

For more information on signing up for ship tours on specific dates and more information about Fleet Week in South Florida, please click on this link: 2015 Fleet Week

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

I take an analytical approach to buying, selling and leasing real estate.  If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


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

Palm Beach County And Broward County Home Prices Rise In March 2013

The housing market in South Florida remains on an upward price trend. 

The Realtors Association of the Palm Beaches reported a 28% year-over-year increase in the median price of existing homes in March 2013.  The median price of an existing home in Palm Beach County was $249,894 in March 2013.

The Greater Fort Lauderdale Realtors reported a 26% year-over-year increase, to $242,500 for the median price of existing homes in Broward County during March 2013. 

As I have mentioned before, homes that are on the market are selling quickly.  If you are interested in buying a home that is on the market, I suggest you do not hesitate to make an offer.  Those who are thinking of selling their homes may want to act now as the South Florida housing market is more favorable than it was a year ago.

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a rental home, 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

Palm Beach And Broward Counties Start 2013 With A Bang: Homes For Sale: Homes For Rent

With reports of bidding wars breaking out in the current South Florida market, it is no surprise that house prices are on the rise.

The Realtors in Palm Beach and Broward counties are reporting a rebound in the number of closings, pending sales and new listings in 2013.  These trends are in just about every area of residential real estate-- single family, condos, townhouses, etc.

Palm Beach County median single-family home prices rose 21% in January 2013 over January 2012, according to the Realtors in Palm Beach County.  Condo prices were up to $90,000 from $78,000 in January 2013 over January 2012, according to the Realtors in Palm Beach County.

Broward County reported a 15.4% increase for single-family home prices in January 2013 over January 2012, according to the Realtors in Palm Beach County.

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a rental home, 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

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

South Florida Home Sales For October 2011: Homes For Sale: Homes For Rent

The volume of home sales has been picking up in South Florida during 2011. One reason believed to be helping the market is the foreign investors have found the market attractive. These buyers tend to have a longer-term outlook and think the inventory in the region is affordable.

Palm Beach County saw sales of existing homes increase 27% in October 2011 over October 2010. The increase was 16% for Broward County during the same timeframe.

However, the increase in sales came at a lower median price. Palm Beach County's median sales price in October 2010 was 16% off of October 2011. The median sales price declined 7% in Broward County on a year-over-year basis during October 2011.

As a local Realtor, 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 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 www.langrealty.com/agents/michael-friedman
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

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 Housing Trends: Some Positive Numbers For August 2011: Homes For Sale: Homes For Rent

Miami-Dade and Broward Counties showed some positive home sales trends in August 2011.

Existing conco sales in Miami-Dade were up 51% from last year and 18% on a sequential basis in August 2011. Single-family homes had a 49% year-over-year increase and a 9% sequential uptick.

In Broward County, annual sales increased 21% for existing condos and single family homes rose 19% in August 2011.

When looking at the pricing there were upward trends as well. Miami-Dade existing condos sold at a 13% increase in August 2011 over August 2010; single family homes dipped 1%.

Broward's median price for existing condos rose by 6% in August 2011 on a year-over-year basis and single family home prices increased 5%.

If you are thinking of selling or buying a home, or require more information, please text me or call me at 561-247-3550. Please text or call to give me your name, telephone number and e-mail address for the ability to access home searches.

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

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: Homes for Rent: Florida's Existing Homes and Condo Sales Increase

Florida’s existing home and existing condo sales rose in March 2011. Existing home sales increased 12 percent last month with a total of 18,522 homes sold statewide compared to 16,540 homes sold in March 2010, according to Florida Realtors.

Florida’s median sales price for existing homes last month was $126,300; a year ago, it was $136,000 for a 7 percent decrease. Analysts with the National Association of Realtors® (NAR) note that sales of foreclosures and other distressed properties continue to downwardly distort the median price.

In Florida’s year-to-year comparison for condos, 9,703 units sold statewide last month compared to 7,830 units in March 2010 for an increase of 24 percent. The statewide existing condo median sales price last month was $84,300; in March 2010 it was $94,800 for an 11 percent decrease. The national median existing condo sales price was $150,400 in February 2011, according to NAR.

Essentially, I think more investors are entering the Florida real estate market and relying more on all cash deals. This has helped to increase unit sales while hurting pricing.

We have discussed this in previous posts and I think this is further evidence in the recent real estate market for Florida. I would not be surprised to see this trend continue into the second calendar quarter of 2011.

If you are thinking of selling or buying a home, or require more information, please feel free to contact me. Please text me your name, phone number and e-mail address to the number below and I will provide information requested.

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550

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: 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>

Homes For Sale: Interest in Florida's Real Estate Market Picks Up

The National Association of Realtors recently released its list of most searched real estate markets on its Website www.realtor.com.

The top 10 most searched for cities at Realtor.com for 2010 are:

1. Las Vegas
2. Los Angeles
3. Orlando
4. San Antonio
5. Miami
6. Phoenix
7. San Diego
8. Austin, Texas
9. Tampa
10. Chicago

With the majority of home buyers seeking properties online, we think this is a good indication of interest by market sub-segments. Florida represents three of the top ten most searched cities for 2010 on Realtor.com.

We think two main themes are driving the Web traffic to the state of Florida: 1) many distressed properties and 2) "Baby-Boomers" nearing retirement age. The pick up in searches for 2010 should translate into an increase in sales for 2011; the lead time from interest in a home to taking possession takes several months, at least.

If you are thinking of selling or buying a home in the South Florida market, please feel free to contact me. http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100

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

US: Jumbo Mortgage Loans Up; To Increase Sales Of Luxury / Country Club / Waterfront Real Estate In Delray Beach / Boca Raton, Florida?

Lenders wrote $18 billion in jumbo mortgages during 2Q 2010, which is up 20% sequentially. Some analysts feel this reflects a confidence the stability of the US real estate market on the higher end of the market. Jumbo loans are usually more than $417,000; as such, these mortgages tend to be for homes in the higher-end of the market.

These jumbo loans are considered more risky because they are not guaranteed by FHA, Fannie Mae or Freddie Mac because the amount is above the conforming limits set by these government-backed agencies. Could this mean the higher-end real estate market is set for a rebound in price?

Working with both buyers and sellers in the country club and luxury housing market in South Florida, I can attest to the fact that there are worries on both sides of the equation. The result is gridlock as there is in many other segments of the real estate market.

As a Realtor who specializes in luxury, waterfront and country club communities, I believe the higher-end market segment is beginning to show signs of increased movement. The recent increase in the amount of jumbo loans underwritten is another sign things are moving in a positive direction.

Those who want to sell their homes have more potential buyers due to the increase in loan activity. On the other side of the coin, those who would like to upgrade into, or upgrade within, the luxury market now have more financial flexibility at their disposal to do so.

With the apparent mitigation of lenders' anxiety in writing the riskier jumbo mortgages, I think it will give buyers and sellers more confidence in the upper-market housing segment. As a result, I expect to see more activity in the next year.

If you are buying or selling in a luxury home or country club community or looking for waterfront homes in South Florida, please feel free to contact me.

I have provided a link to a property search engine where you can find and view listings. Contact me for more details on those listings and/or information in the area.

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100

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

Florida's Broward County Median Home Prices Fall in August 2010

Florida's Broward County has seen median prices fall in August 2010 and some analysts think the trend could continue through the end of 2010.

Florida's Broward County posted 683 sales of existing homes in August 2010, down 5% on a sequential basis and 16% from August 2009.

The median single-family home price was $206,000 or 5% below August 2009.

The median price of a single-family home dropped 47% since the peak of $391,100 in November 2005.

What has been the main causes?

The high unemployment rate in Florida at double-digit rates, and an excess supply of homes with many foreclosures in the market.

Where do we go from here?

Zillow.com's chief economist said he'd be surprised if the South Florida region's home prices did not hit "bottom" in 2011.

I think it is important to watch the factors we have previously discussed in an article to get a sense of any particular real estate market (i.e., South Florida or Broward County).

Individual markets and submarkets are important to follow when you are looking to buy or sell a home. A person who understands these markets is very important when taking on a big decision, such as buying or selling a home.

If you are looking to buy, sell, rent or invest in the South Florida real estate market, please feel free to contact me.

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100

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