Showing posts with label florida. Show all posts
Showing posts with label florida. Show all posts

Friday, April 24, 2020

What Is Happening In Mission Bay Boca Raton?

Homes for sale in Mission Bay continue to hover around the mid-teen levels.


Prior to the impact of the Coronavirus, there was a good balance between supply and demand. 






I continue to monitor the market for Mission Bay homes in Boca Raton.  I have a lot of data on the community.

Whether selling or buying, I will help you through the process, which has gotten even more challenging because of Covid-19. 

Home sales transactions continue to take place.  So, give me a call to discuss your situation : 561-247-3550

Michael Friedman
Realtor, CDPE Lang Realty
Cell: 561-247-3550

Wednesday, February 26, 2020

Mission Bay Boca Raton Florida Update

Mission Bay Boca Raton Florida Update

The Board has discussed updating the men’s and women’s locker room / restrooms at the main clubhouse.  Bids are being taken. Essentially, the idea is to rip down and replace both locker rooms / restrooms at the main clubhouse.

In addition, the Board discussed converting the current aerobics room to a party / rental room.  The current party / rental room would be converted to an aerobics room. The main reason is the current rental room is smaller than some people would like for gatherings. 





If you would like regular updates on Mission Bay

and the local market, please email your email information to CLICK HERE


To view listings on the market in the Mission Bay Boca Raton

and make an appointment to view : CLICK HERE



If you would like to run your own real estate search

and then contact me to view homes : CLICK HERE  



What can I do for you?


Michael Friedman
Broker-Associate, Realtor®, CDPE
Lang Realty

Cell: 561-247-3550











Friday, January 17, 2020

Information About Mission Bay Boca Raton Real Estate Market



Information About Mission Bay Boca Raton Real Estate Market


Beyond being a Realtor, I am also a resident - and as such, I have a vested interest in knowing the market for homes in the Mission Bay community in Boca Raton.


I have access to a lot of real estate information and my background as a Wall Street Analyst gives me the opportunity to make sense of it all for my customers.  

I ran a report to see what the average price per square foot for homes located in the areas for the Mission Bay community in West Boca Raton looks like  - in the current market.





As you can see from the information above, the average price per square foot for all homes in the area was $175 in December 2019.

Also, the indication for the average price per square foot is “neutral” - meaning it is not favoring sellers or buyers.

Another pertinent fact the chart shows is the average price per square foot of sold homes was up 8.0% over the previous month, and 9.4% over the previous year, in December 2019.  

This information is interesting to those who are not in the market to buy or sell a home in Mission Bay, Boca Raton.  

However, it is important to those who are thinking of selling their home in Mission Bay or buying a home in the West Boca Raton area.

If you are interested in buying or selling your home or would like to get regular updates on the market - email me : CLICK HERE

To view listings on the market in the Mission Bay Boca Raton and make an appointment to view : CLICK HERE

If you would like to run your own real estate search and then contact me to view homes : CLICK HERE

What can I do for you?


Michael Friedman
Broker-Associate, Realtor®, CDPE
Lang Realty

Cell: 561-247-3550

Tuesday, January 14, 2020

Homes For Sale in Mission Bay Boca Raton Florida Have Been Selling Briskly

Homes For Sale in Mission Bay Boca Raton Florida Have Been Selling Briskly

As a resident Realtor, I believe one of the reasons homes have become more desirable in Mission Bay Boca Raton is because of the clubhouse amenities.

An example is the clubhouse gym that was updated a few years ago.  The updated equipment, with television screens attached and on the walls, make it easier to get motivated to work out. 

The convenience of having a gym so close to home in the community helps too.  The fact that you do not have to pay extra beyond your HOA dues for a gym membership is “icing on the cake.”



Mission Bay offers classes as well that are no extra cost.  The community gym boasts Yoga, Aquacise, Zumba, Body Sculpting and Spinning classes.

For a free MLS search for Mission Bay homes in Boca Raton, Florida : CLICK HERE

If you are interested in learning more about Mission Bay in Boca Raton - email me : CLICK HERE

Thinking of selling your home in Mission Bay? Give me a call as well - I am working with people who are interested in moving to our community.

To view homes for sale beyond the Mission Bay Boca Raton Florida community, you can click on this free MLS search link: CLICK HERE 

What can I do for you?

Michael Friedman
Broker-Associate, Realtor®, CDPE
Lang Realty
Cell: 561-247-3550

Friday, January 10, 2020

What Homes Are For Sale in The Isles Section in Mission Bay Boca Raton?

What Homes Are For Sale in The Isles Section in Mission Bay Boca Raton?

There is currently only one home for sale listed on the MLS for The Isles section of Mission Bay in Boca Raton.   To view CLICK HERE

During the past 12 months there have been 8 sales that show up on the MLS in The Isles section of Mission Bay in Boca Raton with a high price of $678,500 and a low price of 415,000. 

The average sale price of homes sold in The Isles Mission Bay during the past year has been $530,000 with an average price per square foot of $196.


For a free MLS search for Mission Bay homes for sale in Boca Raton, Florida : CLICK HERE


If you are interested in learning more about Mission Bay in Boca Raton - email me CLICK HERE 

Thinking of selling your home in Mission Bay? Give me a call as well - I am working with people who are interested in moving to our community.


To view homes for sale in Mission Bay Boca Raton Florida community, you can click on this free MLS link: CLICK HERE 

Let me know what I can do for you.

Michael Friedman
Broker-Associate, Realtor®, CDPE
Lang Realty
Cell: 561-247-3550

Saturday, December 28, 2019

Looking For Homes For Sale in Mission Bay Boca Raton? Wondering What Is Going On in the Mission Bay Boca Raton Community? The Latest: Holiday Party At Club Mission Bay


Looking For Homes For Sale in Mission Bay Boca Raton?
Wondering What Is Going On in the Mission Bay Boca
Raton Community?
The Latest: Holiday Party At Club Mission Bay



The holiday party at Club Mission Bay had a special guest
this year : Santa Claus.  There was food, drinks, DJ,
bar area for the adults and games for the kids. 
Candy was handed out and there was an opportunity for homeowners
in Mission Bay to take pictures with Santa Claus.





Adults and children alike had a wonderful time all getting
together and getting in a festive mood.


If you are interested in learning more about Mission Bay
in Boca Raton - give me a call 561-247-3550.


Thinking of selling your home in Mission Bay? Give me a
call as well - I am working with people who are interested
in moving to our community.


To view homes that are on the market in the Mission Bay
Boca Raton Florida community, you can click
on this link: CLICK HERE 


Let me know what I can do for you.


Michael Friedman
Broker-Associate, Realtor®, CDPE
Lang Realty
561-247-3550
FSBocaHome@gmail.com 


Free Home Search: CLICK HERE

My Reviews: CLICK HERE 

Friday, December 20, 2019

Boca Raton, Florida: The Latest Mission Bay News: Reflections section : HOA Meeting



Boca Raton, Florida: The Latest Mission Bay News: Reflections section : HOA Meeting



There was a meeting concerning the budget for 2020. 
Two budgets were presented: one with a slight decrease in the
HOA monthly dues and one that had a steady monthly fee from
last year.  The Board voted to keep the monthly HOA dues steady.


The ADT security system contract has ended and was
not renewed.


The paint contractor Hartzell has begun preparation for
painting of the community, which is planned to commence
at the beginning of 2020.


To view homes that are on the market in the Mission Bay
community, you can click on this link: CLICK HERE


For more information about the community or to visit any listed
home, contact me.  My cell phone is 561-247-3550.


If you want to sell your home or purchase a home in Mission Bay - contact me.


Let me know what I can do for you.


Michael Friedman
Broker-Associate, Realtor®, CDPE
Lang Realty
561-247-3550
FSBocaHome@gmail.com 


Free Home Search: CLICK HERE

My Reviews: CLICK HERE

Thursday, June 13, 2013

May 2013: Florida Leading The Nation In Foreclosure Activity

RealtyTrac, Inc., a firm that tracks foreclosures, said Florida had the most foreclosure activity than any other state in the US during May 2013.  One in every 303 homes was in involved in a foreclosure filing. 

Palm Beach county had one in every 286 homes being in foreclosure activity during May 2013, according to RealtyTrac, Inc.  Broward county had one in every 317 homes involved in foreclosure activity, according to RealtyTrac, Inc. during May 2013.  Miami-Dade was only one in every 143 homes being involved in foreclosure activity, according to RealtyTrac, Inc. during the timeframe.

The Florida foreclosure numbers were almost three times more than the national average, according to the RealtyTrac, Inc. report. 

As we have discussed in previous posts, there is a dearth of inventory in the local market right now.  An increase in homes hitting the market might help to balance out the supply and demand equation.

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

New Florida Foreclosure Law And How It Affects Consumers

The new law was signed by Florida's Governor Rick Scott on Friday (June 7, 2013) and went directly into effect. 

The new law allows lenders to query the court as to why a final foreclosure order has not been entered.  Furthermore, condominium associations and homeowners associations can ask the courts to expedite the foreclosure process under certain circumstances.

Lenders must now provide details showing the entity owns the loan before foreclosing on the property.  There are protections in the law for innocent parties who purchased a property where a former owner may have claim to the property. 

Perhaps the most pertinent part of the law is deficiency judgments in foreclosure actions can be sought for only one year, down from five years.  The deficiency judgment is the difference between the proceeds from the home and what is owed on the mortgage note.

I believe it is preferable for distressed homeowners to complete a short sale when compared to a foreclosure.  (Please see previous entries on the subject of short sales by searching short sale in the label section of the Blog).

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

Tuesday, June 28, 2011

Case Shiller Index: April 2011: Slight Sequential Uptick In Prices; YOY Down Trend Continues: Homes For Sale: Homes For Rent

Case Shiller Housing Index continues to show weakness in the US. One positive is a slight sequential increase in April 2011 over March 2011; however, this was less than 1.0% price increase.

In April 2011 the year-over-year price decrease was 5.6% in the Miami region (South Florida) versus the national average reduction of around 3.5%, according to the Case Shiller Index. The Tampa area showed greater weakness with an annual decrease of 7.7% in April 2011.

The postive sequential trend alluded to earlier might be the start of a positive trend in the US housing market. However, it is only one month and a relatively weak sequential move to the upside.

The South Florida market continues to be plagued by heightened levels of unemployment, higher than usual levels of distressed properties along with the general economic uncertainty of recent months. Tighter lending practices, tougher appraisals and economic uncertainty seem to be discouraging those who are seeking financing. The recent "soft patch" in the national economy seems to be making some cash buyers or those who will use limited financing take a longer look. The lenders and buyers seem to be waiting for an indication as to which way the US economy is headed at the moment.

Some other areas of the nation that we focus on are listed below:

Case-Shiller Housing Index:

April 2011 April/March March/ February
Metropolitan Area Level Change (%) Change (%) 1-Year Change (%)

Boston 147.07 -0.2% -1.7% -4.2%

Chicago 110.12 -0.4% -2.4% -8.6%

Miami 136.99 -0.2% -0.8% -5.6%

Minneapolis 106.07 0.4% -3.7% -11.1%

New York 164.17 0.8% -1.0% -2.8%

Tampa 126.47 -0.4% -0.5% -7.7%

Composite-10 152.51 0.8% -0.8% -3.1%

Composite-20 138.84 0.7% -0.9% -4.0%

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.

If you are thinking of selling or buying a home, or require more information, please to text me or call me at 561-247-3550.


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

Florida's Condo Sales And Home Sales Were Up In May 2011: Homes For Sale: Homes For Rent

Florida's existing home sales increased 3.0%, to 17,228, in May 2011 when compared with the year earlier, according to Florida Realtors. Sales of existing condominiums rose by 17.0% in May 2011 over May 2010.

The increase in unit sales is coming with a reduced price. Florida's existing homes sold for a median price of $135,000 in May 2011, which was 5.0% below last year. On a sequential basis, prices increased 2.9%. On a national level, year-over-year home prices were down 5.4%, to $163,200.

Median prices for a condo in Florida were actually up 2.0%, to $98,200 in May 2011 over May 2011. On a sequential basis, the median condo sales price was 6.9% higher.

The data seems to indicate what I am seeing in my local market-- which is to say, there's more interest in lower price, more affordable homes. I am seeing increased interest from investors and those looking for a second home. Those seeking more expensive homes are out in the market; however, they tend to be discriminating and are taking a while to pull the trigger in making an offer.

If you are thinking of selling or buying a home, renting out or leasing a home, or require more information, please feel free to contact me.

You can text me or call me at the number below.

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

Monday, May 16, 2011

Homes For Sale: Homes For Rent: April 2011: Reduction In Florida Foreclosures; Sign of a Turnaround?

Is the real estate market in Florida finally turning around? Foreclosures in April 2011 fell 59.0% when compared with last year, according to RealtyTrac, a service that tracks foreclosures. Some may point to this as a sign that the real estate market is improving in Florida. However, despite the big drop in foreclsoure activity, Florida was still second in the country in regards to foreclosure activity.

Nationwide, foreclosure proceedings in April dropped 34 percent from April 2010 and were 9 percent lower than March 2011. Part of the reason for the slowdown seems to be the lengthening of the time to process foreclosures (please see previous posts on this subject).

RealtyTrac estimates it now takes an average of 400 days from initial default to completion of the foreclosure. This compares with 340 days a year ago and 151 days in 2007. The average foreclosure in Floridaq took 619 days in March 2011, according to RealtyTrac-- or three times longer than 1Q:07.

As mentioned in previous posts, we think this points to the possibility of increased number of short sales in the foreseeable future. As a Certified Distressed Property Expert (CDPE) and a Realtor, I am uniquely qualified to help home sellers in this unusual housing market.

To receive more information, feel free to text me or call me at the number below.

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

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

Thursday, April 21, 2011

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

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

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>

Sunday, March 13, 2011

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

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

Monday, January 31, 2011

Home For Sale: Low Tax States, Like Florida, Luring Residents from High Tax States Like New York

There are many tax advantages to living in Florida, such as the Homestead laws. This is one of the reasons that many of my people are relocating from the Northeast of the United States to the southern portion of the country.

According to Reuters News, some of the states with the largest population gains from the 2010 U.S. Census are also known as low-tax states; these states include Florida, Texas and Nevada.

Imagine if you were a family of four with a $150,000 income. According to TurboTax, the family could save $13,368 in state and local income taxes if they moved from New York to Florida. The family could save even more when property taxes and estate taxes are included.

Retirees benefit greatly, as many have money invested in tax-deferred retirement accounts; they would profit if withdrawing the money in a low-tax state.

Florida real estate becoming much more affordable when compared with several years prior when the state was experiencing a "bubble" in pricing. As such, now is a great time to look for a second home and/or a home to retire to in the "Sunshine State".

I am a Realtor who knows the various types of communities in South Florida. 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 30, 2011

Homes For Sale: Case-Shiller Index: November 2010; US Real Estate Market Continues Weakness as Does Florida

According to the Case-Shiller Index, for the most-part, US housing prices are not appreciating. Home prices in the Florida markets reported on continue to slide. We think general economic conditions are largely to blame-- such as increased levels of unemployment and lack of income growth prospects.

Looking at the United States as a whole, the Case-Shiller Index report states: “Looking at the monthly statistics, 19 of 20 MSAs and both Composites were down in November over October. Fourteen MSAs and both composites have posted at least four consecutive months of decline with November’s report." Therefore, on a sequential basis, the market as a whole remains soft and in decline.

When focusing on the Florida market, two of the nine overall markets hitting their lowest levels since home prices peaked were in Florida: Miami and Tampa. The others were: Atlanta, Charlotte, Chicago, Detroit, Las Vegas,Portland (OR), and Seattle and Tampa. These markets hit their lowest levels since home prices peaked in 2006 and 2007, meaning that average home prices in those markets have fallen even further than the lows set in the spring of 2009. Again, we see the state of Florida continuing to show a weak real estate market.

Looking at markets of interest:

November 2010 November/October October/September
Metropolitan Area Level Change (%) Change (%) 1-Year Change (%)

Boston 152.76 -1.0% -1.2% -0.8%

Miami 143.81 -0.2% -1.1% -3.5%

New York 169.75 -1.0% -1.6% -1.7%

Tampa 134.05 -0.8% -1.0% -4.0%

Composite-10 157.68 -0.8% -1.3% -0.4%

Composite-20 143.85 -1.0% -1.3% -1.6%

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

Saturday, January 15, 2011

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