Monday, February 9, 2015

The Delray Affair April 10-12, 2015

The Delray Affair is an outdoor mix of music, art, food and fun.  The event will take place this year from April 10th to 12th.  For more information on the event: Click Here

It is a fun event for the whole family.  For more general information: Click Here




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 RatonBoynton 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 National Home Price Index: October 2014: South Florida Housing Market Shows Price Growth

The Case-Shiller Housing Index shows South Florida and San Francisco as the two areas that had solid year-over-year price increases during October 2014.

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 RatonBoynton 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, January 6, 2015

Bad Credit: What Are Your Options To Buy A Home?

Yahoo! Finance answered some of the most-searched questions in 2014.  The number five question on the list was, "Can I buy a house with bad credit?"

The Website concluded the answer is "yes," but, "it won't be easy."

The three main avenues to pursue are as follows:

1) Fannie Mae or Freddie Mac loan;
2) FHA-backed loan; or
3) private lenders

Of note: Fannie and Freddie loans are for people with credit scores of 620 and higher.  Home buyers will need to put down 10% for FHA loans.  And private lenders will most likely require a 20% down payment and the mortgage rates could still be in the 8% to 9% range.


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 RatonBoynton 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