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Friday, October 16, 2020
Highland Beach Waterfront Homes
Wednesday, October 14, 2020
Mission Bay Boca Raton Florida Homes For Sale Update
Mission Bay Boca Raton Florida Homes For Sale Update
There are currently only 3 homes for sale in Mission Bay Boca Raton. To view Mission Bay properties >>>> CLICK HERE
The price per living square foot during the previous twelve month period leveled off at the beginning of the year. However, my analysis shows a sequential uptick in price during the summer of 2020. I estimate the trailing twelve month price per living square foot sold in West Boca Raton’s Mission Bay community to be about $190.
Sales during the past month in the Mission Bay community ranged from a low of $275,000 to a high of $710,000. To view the sales during the past month >>>> CLICK HERE
Due to the COVID-19 situation, the Mission Bay community will host a trunk-or-treating event where families can set up stations in the back of their cars and have candy positioned at a safe distance.
To run your own search for homes >>>> CLICK HERE
Curious to know what your home is worth? >>>> CLICK HERE to find out instantly!
If you are interested in buying a home in Mission Bay, contact me so I can let you know about homes that are coming soon to the market.
Happy and safe Halloween!
Michael Friedman
Realtor
eXp Realty
Monday, February 9, 2015
Case Shiller National Home Price Index: October 2014: South Florida Housing Market Shows Price Growth
South Florida's housing market saw prices increase by 9.5% on a year-over-year basis in October 2014, according to Case-Shiller. During that same period, sequentially home prices rose 0.4%, according to Case-Shiller.
The US market as gauged by the Case-Shiller Composite-10 and Composite-20 showed a 4.5% year-over-year increase and a slight decline of 0.1% in October 2014.
David M. Blitzer, Managing Director and Chairman of the Index Committee commented, "after a long period when home prices rose, but at a slower pace with each passing month, we are seeing hints that prices could end 2014 on a strong note and accelerate into 2015."
Other areas of interest:
Oct-14 | Monthly | Sequential | Annual |
Metropolitan Area | Level | Change | Change |
Boston | 175.76 | -0.50% | 4.40% |
Chicago | 129.86 | -1.00% | 1.90% |
Miami | 190.09 | 0.40% | 9.50% |
Minneapolis | 142.24 | -0.30% | 2.30% |
New York | 176.78 | -0.50% | 2.00% |
Tampa | 163.85 | 0.80% | 6.10% |
Composite 10 | 188.22 | -0.10% | 4.40% |
Composite 20 | 173.36 | -0.10% | 4.50% |
Source: | |||
S&P Indices | |||
Firserv |
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.
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
Sunday, February 16, 2014
Case Shiller Price Index: October 2013: Florida's Home Prices Rebound Outpaces US in October 2013
The South Florida real estate market saw a 15.8% price increase in October 2013, over the previous year, according to the Case Shiller Housing Price Index. On a sequential basis, the South Florida market was up 1.1% in October 2013, according to Case Shiller.
The US continued to show upside price appreciation of 0.2% on a sequential basis in October 2013 and 13.6% year-over-year price appreciation during the same time frame, according to Case Shiller.
I continue to see solid demand for homes in the South Florida market. The Case Shiller report highlighted the South Florida market in its report: [the South Florida market's] "annual rate increased the most from 14.3% in September to 15.8% in October."
In regards to 2014, the Case Shiller report stated, "Most forecasts for home prices point to single digit growth in 2014." The quote is referring to price appreciation for the US housing market in 2014.
Some areas of interest:
Oct-13 | Monthly | Sequential | Annual |
Metropolitan Area | Level | Change | Change |
Boston | 168.43 | -0.30% | 8.60% |
Chicago | 127.42 | -0.50% | 10.90% |
Miami | 173.63 | 1.10% | 15.80% |
Minneapolis | 139.11 | 0.50% | 11.30% |
New York | 173.23 | 0.00% | 4.90% |
Tampa | 154.4 | 0.10% | 15.20% |
Composite 10 | 180.27 | 0.20% | 13.60% |
Composite 20 | 165.91 | 0.20% | 13.60% |
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 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
Monday, December 31, 2012
Case Shiller Housing Index: October 2012: "Sustained Recovery In Home Prices" : Homes For Sale : Homes For Rent
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 |
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Sunday, January 1, 2012
Case-Shiller Index: October 2011: Slow Price Decrease Continues: Homes For Sale: Homes For Rent
The nation saw the price of homes decline by about 3.0% to 3.5% on a year-over-year basis in October 2011; the sequential decline was about 1.2%.
Another noteworthy statistic, in our view, is existing home sales are still near a low annual rate of 4.0 million in November 2011.
The South Florida market trended with the nation as a whole in October 2011. The year-over-year decline was 4.0% and the sequential decrease was 1.2% in October 2011.
Other areas of note:
October 2011 October/September September/August
Metropolitan Area Level Change (%) Change (%) 1-Year Change (%)
Boston 152.70 -1.1% -0.8% -1.1%
Chicago 116.40 -1.8% -0.8% -4.8%
Miami 138.20 -1.2% -0.7% -4.0%
Minneapolis 111.27 -2.8% -1.0% -8.4%
New York 168.12 -1.2% -0.1% -2.0%
Tampa 126.71 -0.5% -1.5% -6.1%
Composite-10 154.10 -1.1% -0.5% -3.0%
Composite-20 140.30 -1.2% -0.7% -3.4%
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 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
Saturday, January 15, 2011
Homes for sale: US Home Prices Fall Again During November 2010
The decline in US home prices in November was steeper than the year-over-year decrease of 3.4% in October. Forty-four of the states experienced an annual decline in November.
Mark Zandi, an economist with Moody's Analytics said the US housing market is "double dipping." He predicts prices will continue to fall from the peak levels in 2006; he seems to indicate an expectation of the bottom hitting in late 2011 and price declines of 35% off the peak in 2006.
According to CoreLogic, the six states that experience a year-over-year increase in housing prices were: Indiana, Vermont, New York, Wyoming, North Dakota and Maine. However, in general, these states did not see as sharp of a rise in prices during the "boom" period.
The consensus of many leading economists that focus on the real estate market seem to think the bottom of the market will not hit until the end of 2011.
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
561-989-2100
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
Sunday, January 9, 2011
Case-Shiller Index For October 2010: US Real Estate Market Showing Signs of a "Double Dip"?
US home prices have shown a deceleration in annual growth rates for 18 of the 20 City Composites when comparing October 2010 with September 2010.
The news for the Florida market is showing sustained weakness when compared with the overall United States market. The Miami and Tampa composite housing prices have hit their lowest levels since 2006, which seems to indicate these markets have been weaker than the US composite as a whole.
On a year-over-year basis, home sales are down about 25% and the months' supply of unsold homes is up more than 50%. The US economy continued to be in a malaise during October 2010 and the unemployment rate continued to hover close to 10%.
Some data of interest:
October 2010 October/September September/August 1-Year Change (%)
Boston -1.2% -1.3% -0.2%
Miami -1.1% -1.2% -3.4%
New York -1.6% -0.5% -1.7%
Tampa -0.9% -0.8% -3.6%
Composite-10 -1.2% -0.6% 0.2%
Composite-20 -1.3% -0.8% -0.8%
With the economy not showing signs of job growth, continued uncertainty and tight credit markets, we suspect a tough slog for the US housing market as a whole.
When focusing on the South Florida market, the trends seem to be worse when compared with the nation as a whole. This is exacerbated by the higher level of distressed properties in the market as well as an economy largely based on construction and discretionary income spending.
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
561-989-2100
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