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Broward and Palm Beach Counties Real Estate Listings and Sales for December 2008

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach,
Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation,
Sunrise, Tamarac and Weston.

There are currently ­­­­­14,432 Single Family Homes LISTED FOR SALE in Broward County.

­­6223 priced under $250,000
5025 priced between 250,001 and $500,000
1307 priced between $500,001 and $750,000
642 priced between $750,001 and $1,000,000
546 priced between $1,000,001 and $1,500,000
259 priced between $1,500,001 and $2,000,000
430 priced over $2,000,000

For the month of December, 656, Single Family Homes SOLD in Broward County.

352 were sold under $250,000
223 were sold between 250,001 and $500,000
45 were sold between $500,001 and $750,000
14 were sold between $750,001 and $1,000,000
12 were sold between $1,000,001 and $1,500,000
6 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000

There are currently 19,588 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

14,497 are priced under $250,000
3288 are priced between 250,001 and $500,000
804 are priced between $500,001 and $750,000
433 are priced between $750,001 and $1,000,000
290 are priced between $1,000,001 and $1,500,000
161 are priced between $1,500,001 and $2,000,000
74 are priced over $2,000,000

For the month of December, 608 Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

537 were sold under $250,000
49 were sold between 250,001 and $500,000
7 were sold between $500,001 and $750,000
8 were sold between $750,001 and $1,000,000
4 were sold between $1,000,001 and $1,500,00
1 was sold between $1,500,001 and $2,000,000
None were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently 10,568 single family homes listed For Sale in Palm Beach County.

­­3791 priced under $250,000
3676 priced between 250,001 and $500,000
1050 priced between $500,001 and $750,000
456 priced between $750,001 and $1,000,000
303 priced between $1,000,001 and $1,500,000
142 priced between $1,500,001 and $2,000,000
494 priced over $2,000,000

For the month of December, 389 Single Family Homes SOLD in Palm Beach County.

205 were sold under $250,000
145 were sold between 250,001 and $500,000
29 were sold between $500,001 and $750,000
9 were sold between $750,001 and $1,000,000
11 were sold between $1,000,001 and $1,500,000
None were sold between $1,500,001 and $2,000,000
3 were sold over $2,000,000

There are currently 11,604 Multi-Family Homes LISTED FOR SALE in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

8733 are priced under $250,000
1839 are priced between 250,001 and $500,000
503 are priced between $500,001 and $750,000
213 are priced between $750,001 and $1,000,000
147 are priced between $1,000,001 and $1,500,000
78 are priced between $1,500,001 and $2,000,000
101 are priced over $2,000,000

For the month of December, 477 Multi-Family Homes SOLD in Palm Beach county.

417 were sold under $250,000
51 are sold between 250,001 and $500,000
5 was sold between $500,001 and $750,000
2 were sold between $750,001 and $1,000,000
1 was sold between $1,000,001 and $1,500,000
1 was sold between $1,500,001 and $2,000,000
None were sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale
and the Realtor Association of the Palm Beaches.

There has been in decrease in inventory between the two counties since November 2008 and an increase in properties sold. There are some great values out there and financing is very low. The best opportunities will go quickly.

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What Gift?

Previously posted on Activerain at http://www.GreatFloridaHomesBlog.com

While pumping gas I was checking email where I received an AH HAH Moment!

A dear friend sent me a holiday greeting. It was about her memories of growing up in Nebraska. Being Jewish her Mom made Star of David cookies and Snowmen to cover both faiths. She went onto discuss the memories of cooking and family and how much fun she had. Then she said, You know, I do not remember a single gift I got back then. I only remember the good memories that I shared with my sisters and Mom.

For me it was an "I could had a V-8", moment with a bop upside the head! It is so hard not get caught up in the commercialization of the holidays. This year I did what I could to put a stop to the madness and a shopping list a mile long. I figured if we do Secret Santa's at church and work, why can't we do them in our own family?

One gift for the person's name you drew and don't tell until it's opened. I had a twinge of guilt when I only put one gift under the tree, so I went back and proceeded to write out cards to everyone else telling them how much they meant to me. I feel better now!

Tonight when we stand around the kitchen enjoying our Chinese take-out (not sure where that tradition started) and laughing about the year of memories, I will be relieved that I started maybe another tradition to teach my children what is most important....the love we have for each other and not the gifts that they are unlikely to recall a year from now.

May we all be blessed with the success life has to offer in 2009!

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MOVE or Get Bowed!

For our family (Mom and My Two Girls), it is a time of year that EXCESSIVE Decorating takes over the house, inside and out.  We currently store all over the house and garage, TWENTY-EIGHT multiple sized boxes until they come out again after Thanksgiving.

The usual ones are the tree and the ornaments, a bunch of dolls and stuffed animals.  A lot of holidays wares bought at church and craft bazaars throughout the years. We also try to cover the multiple faiths so the kids grew up aware of other celebrations such as CHanukkah and Kwanzaa

On the unique side, we also have lots of artwork, from little tiny pictures to massive prints that take two people to maneuver.  For these we wrap every single one of them and then add bows, garland or lights.  It really is a festive celebratory look.  The bows are in beautiful colors of purple, creme, green, plaid and of course RED and in EVERY Size imaginable.  In fact at one point I was told I had put up the wrong size.  Mom said small, so I put up my definition of small.  She came in to point out that I needed THIS size, as she displayed yet another bow.  I corrected her to say, that size is medium.....not small!!  Like I would know?!?!?

This usually all comes together while I am at work, but this year Mom has been battling a nagging cold so she was moving slower at completing the process.  Since I love the completed look and I have the good fortune of being off every other weekend (thanks to a great business partner, who also happens to be my younger brother), I took my Saturday to help finish all of the decorating.

             

I did not think it was possible for one house to have THAT MANY BOWS!  I put a bow on every picture frame and still had what looked like hundreds left.  We put bows all over the front of the house on posts and trees.  Back inside I started putting bows on edges of furniture and corners of walls and it still looked like there were hundreds left! 

I cried Uncle and said the bows seem to be multiplying on the pool table (our table for everything, including folding clothes).  I told Mom that I felt we had plenty of bows and I was done after 12 hours of decorating....I had cookies to make for an exchange party.

She said she'd finish the rest of the bows as she starts naming off all of the places she'll put them.  All I know is keep moving when you come to visit, because if you stand still long enough you'll be bowed!

Merry Christmas and Happy Holidays!

 

Previously posted on Active Rain http://www.GreatFloridaHomesBlog.com

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Pay Attention to Celebrities

My brother and I had the good fortune to attend the NAR 2008 conference in Orlando last week.

Awesome experience with everything there showcased that you could possibly want to assist you with your career in real estate. Educational classes and motivational seminars as well.

The last day before we drove back to Fort Lauderdale we sat in on Joe Theismans presentation. I'd be amazed if you do not know who Joe Theisman is. I am NOT a sports fan and I know who he is!

These celebrity performances are pretty cool to attend and Joe has a really cool story about his name and the Heisman trophy.

Joe was a great motivator for us except that we made a mistake prior to the presentation....We went out and ate a HUGE Greek lunch! Stuffed and exhausted from our whirlwind convention experience we went back to the convention center to see Joe as the last speaker of the convention. We sat about three rows from the front. First they said no photos and then Joe said photos are OK. I tried and tried to get a good picture of him, but the exposure was not working for me, no matter how many settings I tried.

Next thing I know Joe is walking right towards us with intent. My eyes get as big as golf balls and Jeff sits up straight! He starts talking to Jeff, well almost yelling at him positively though because unbeknownst to me, Joe had caught Jeff falling asleep while he was talking. Jeff was AWAKE Now! Next he's talking to me, looking for my name tag that was covered. I gave my name when asked and Joe took two steps back and I lifted up my camera and snapped him with white blindness.

Joe Theisman NAR 2008 He was a good sport about it and trust me we were both wide awake for the rest of the presentation.

We enjoyed his encouragement and stories of the obstacles he encountered through his life and how he was determined to overcome each one. We all have the resilience in us. Like Joe said, make a choice and keep that focus till you win.

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Broward and Palm Beach Counties Real Estate Listings and Sales for October 2008

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
October 1, 2008 to October 31,2008

Broward County includes well known cities of Coconut Creek, Coral Springs,
Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro,
Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently ­­­­­16,027 Single Family Homes LISTED FOR SALE in Broward County.

­­­6492 priced under $250,000
6005 priced between 250,001 and $500,000
1511
priced between $500,001 and $750,000
723 priced between $750,001 and $1,000,000
563 priced between $1,000,001 and $1,500,000
282 priced between $1,500,001 and $2,000,000
450
priced over $2,000,000

For the month of October, 726 Single Family Homes SOLD in Broward County.

324 were sold under $250,000
306 were sold between 250,001 and $500,000
46 were sold between $500,001 and $750,000
27 were sold between $750,001 and $1,000,000
9 were sold between $1,000,001 and $1,500,000
4 were sold between $1,500,001 and $2,000,000
10 were sold over $2,000,000

There are currently 21,143 Multi-Family Homes LISTED FOR SALE in Palm Broward.
Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached
as well as single story to multi levels.

15,447 are priced under $250,000
3707 are priced between 250,001 and $500,000
901 are priced between $500,001 and $750,000
463 are priced between $750,001 and $1,000,000
328 are priced between $1,000,001 and $1,500,000
179 are priced between $1,500,001 and $2,000,000
117 are priced over $2,000,000

For the month of October, 671 Multi-Family Homes SOLD in BrowardCounty.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

575 were sold under $250,000

69
were sold between 250,001 and $500,000
16 were sold between $500,001 and $750,000
5 were sold between $750,001 and $1,000,000
5
were sold between $1,000,001 and $1,500,00
1 was sold between $1,500,001 and $2,000,000
None were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently 11,346 single family homes listed For Sale in Palm BeachCounty.

­­3710 priced under $250,000
3837 priced between 250,001 and $500,000
1181 priced between $500,001 and $750,000
637 priced between $750,001 and $1,000,000
491
priced between $1,000,001 and $1,500,000
271
priced between $1,500,001 and $2,000,000
609
priced over $2,000,000

For the month of October, 465 Single Family Homes SOLD in Palm BeachCounty.

220 were sold under $250,000
164 were sold between 250,001 and $500,000
37 were sold between $500,001 and $750,000
16 were sold between $750,001 and $1,000,000
8
were sold between $1,000,001 and $1,500,000
7
were sold between $1,500,001 and $2,000,000
13
were sold over $2,000,000

There are currently 11,870 Multi-Family Homes LISTED FOR SALE in Palm BeachCounty. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

3710 are priced under $250,000
1948
are priced between 250,001 and $500,000
465 are priced between $500,001 and $750,000
218 are priced between $750,001 and $1,000,000
133
are priced between $1,000,001 and $1,500,000
86
are priced between $1,500,001 and $2,000,000
88 are priced over $2,000,000

For the month of October, 359 Multi-Family Homes SOLD in Palm Beach county.

308 were sold under $250,000
33
are sold between 250,001 and $500,000
9
were sold between $500,001 and $750,000
6
were sold between $750,001 and $1,000,000
3
were sold between $1,000,001 and $1,500,000
0
were sold between $1,500,001 and $2,000,000
0
are sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information
for your reference or review.


Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale
and the Realtor Association of the Palm Beaches.

SUMMARY: In Broward county, there are less Single family home for sale since September and an additional 120 homes sold over last month. Less Multi family homes are for sale and slightly over 100 more sold than last month.

In Palm Beach county approximately 200 more Single family homes are for sale and approximately 140 more homes sold in October than September. There are about 400 less Multi family homes for sale and sales were close to even compared to September

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Broward and Palm Beach Counties Real Estate Listing and Sales for September 2008

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
September 1 to September 30, 2008

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently ­­­­­16,518 Single Family Homes LISTED FOR SALE in Broward County.

­­­6378 priced under $250,000
6482 priced between 250,001 and $500,000
1573 priced between $500,001 and $750,000
762 priced between $750,001 and $1,000,000
593 priced between $1,000,001 and $1,500,000
280 priced between $1,500,001 and $2,000,000
449 priced over $2,000,000

For the month of September, 644, Single Family Homes SOLD in Broward County.

287 were sold under $250,000
249 were sold between 250,001 and $500,000
63 were sold between $500,001 and $750,000
21 were sold between $750,001 and $1,000,000
9 were sold between $1,000,001 and $1,500,000
4 were sold between $1,500,001 and $2,000,000
11 were sold over $2,000,000

There are currently 21,774 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

15,749 are priced under $250,000
3949 are priced between 250,001 and $500,000
907 are priced between $500,001 and $750,000
493 are priced between $750,001 and $1,000,000
335 are priced between $1,000,001 and $1,500,000
193 are priced between $1,500,001 and $2,000,000
113 are priced over $2,000,000

For the month of September, 568, Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

480 were sold under $250,000
59 were sold between 250,001 and $500,000
12 were sold between $500,001 and $750,000
8 were sold between $750,001 and $1,000,000
3 were sold between $1,000,001 and $1,500,00
3 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently 11,059 single family homes listed For Sale in Palm BeachCounty.

­­3743 priced under $250,000
4081 priced between 250,001 and $500,000
1210 priced between $500,001 and $750,000
646 priced between $750,001 and $1,000,000
499 priced between $1,000,001 and $1,500,000
283 priced between $1,500,001 and $2,000,000
596 priced over $2,000,000

For the month of September, 325 Single Family Homes SOLD in Palm Beach County.

118 were sold under $250,000
138 were sold between 250,001 and $500,000
34 were sold between $500,001 and $750,000
16 were sold between $750,001 and $1,000,000
7 were sold between $1,000,001 and $1,500,000
4 were sold between $1,500,001 and $2,000,000
8 were sold over $2,000,000

There are currently 12,200 Multi-Family Homes LISTED FOR SALE in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

9092 are priced under $250,000
2105 are priced between 250,001 and $500,000
485 are priced between $500,001 and $750,000
209 are priced between $750,001 and $1,000,000
143 are priced between $1,000,001 and $1,500,000
80 are priced between $1,500,001 and $2,000,000
90 are priced over $2,000,000

For the month of September, 365 Multi-Family Homes SOLD in Palm Beach county.

296 were sold under $250,000
50 are sold between 250,001 and $500,000
9 were sold between $500,001 and $750,000
5 were sold between $750,001 and $1,000,000
2 were sold between $1,000,001 and $1,500,000
0 were sold between $1,500,001 and $2,000,000
3 are sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your
reference or review.


Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale
and the Realtor Association of the Palm Beaches.

September listings and sales were less than August overall. No major difference in any category.

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Broward and Palm Beach Counties Real Estate Listing and Sales for August 2008

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
August 1, 2008 – August 31, 2008
 
Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.
 
There are currently ­­­­­16,889 Single Family Homes LISTED FOR SALEin Broward County.
 
­­­6,175 priced under $250,000
6,909 priced between 250,001 and $500,000
1,656 priced between $500,001 and $750,000
774 priced between $750,001 and $1,000,000
638 priced between $1,000,001 and $1,500,000
299 priced between $1,500,001 and $2,000,000
454
priced over $2,000,000
 
For the month of August, 1,482 Single Family Homes SOLD in Broward County. 
 
524 were sold under $250,000
710 were sold between 250,001 and $500,000
135 were sold between $500,001 and $750,000
45 were sold between $750,001 and $1,000,000
34 were sold between $1,000,001 and $1,500,000
18 were sold between $1,500,001 and $2,000,000
17 were sold over $2,000,000
 
There are currently 21,872 Multi-Family Homes LISTED FOR SALEin Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.
 
15,679 are priced under $250,000
4,110 are priced between 250,001 and $500,000
953 are priced between $500,001 and $750,000
470 are priced between $750,001 and $1,000,000
364 are priced between $1,000,001 and $1,500,000
191 are priced between $1,500,001 and $2,000,000
110 are priced over $2,000,000
 
For the month of August, 627 Multi-Family Homes SOLD in Broward County.
Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.
 
501 were sold under $250,000
94 were sold between 250,001 and $500,000
18 were sold between $500,001 and $750,000
5 were sold between $750,001 and $1,000,000
4 were sold between $1,000,001 and $1,500,00
1 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000
 
Palm Beach Countyincludes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth,  Wellington and West Palm Beach.
There are currently 11,131 single family homes listed For Sale in Palm Beach County.
 
­­3,620 priced under $250,000
4,202 priced between 250,001 and $500,000
1,270 priced between $500,001 and $750,000
673 priced between $750,001 and $1,000,000
500 priced between $1,000,001 and $1,500,000
273 priced between $1,500,001 and $2,000,000
592 priced over $2,000,000
 
For the month of August, 509 Single Family Homes SOLD in Palm Beach County. 
 
169 were sold under $250,000
231 were sold between 250,001 and $500,000
45 were sold between $500,001 and $750,000
35 were sold between $750,001 and $1,000,000
15 were sold between $1,000,001 and $1,500,000
5 were sold between $1,500,001 and $2,000,000
13 were sold over $2,000,000
 
There are currently 12,248 Multi-Family Homes LISTED FOR SALEin Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.
 
9,058 are priced under $250,000
2,159 priced between 250,001 and $500,000
494 are priced between $500,001 and $750,000
220 are priced between $750,001 and $1,000,000
224 are priced between $1,000,001 and $1,500,000
83 are priced between $1,500,001 and $2,000,000
95 are priced over $2,000,000
 
For the month of August, 434 Multi-Family Homes SOLD in Palm Beach county.
 
374 were sold under $250,000
46  are sold between 250,001 and $500,000
7 were sold between $500,001 and $750,000
0 were sold between $750,001 and $1,000,000
4 were sold between $1,000,001 and $1,500,000
2 were sold between $1,500,001 and $2,000,000
1 are sold over $2,000,000
 
To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale
and the
Realtor Association of the Palm Beaches.
There is a DECREASE in overall single family listings in Broward and an INCREASE in Sales. Palm Beach county shows a decrease in listing and a slight decrease in sales for single family homes.  In the last two weeks when we made calls to book appointments to show properties and there were a number of listings that agents had to apologize that the property was no longer available as the property had just gone under contract. This is GREAT to show listings are moving and not so great for the Buyers that wanted to see those properties. 
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TRIM Notices are Mailed to Broward County Residents

I'm not sure if I should admit to not knowing this. I never knew what "TRIM" notice stood for. I knew what it was, but it never dawned on me that it was an acronym for, "Truth in Mileage" notice. This is the notice that the Property Appraisers office sends out annually to tell you what your taxes will be if all of the taxing authorities budgets are passed.

The Truth In Millage notice states the taxable value that is set for the parcel compared to last year. It also lists any tax breaks on the property as well as the tax rates initially proposed by local governments.

Due to declining market conditions pretty much nationwide, the total taxable value of property in Broward declined 4.8 percent this year to $175.9 billion. It was the largest drop in value in decades and marked a dramatic departure from years of double-digit percentage increases posted in the past.

Did you know that there are 755,000 property owners in Broward County and each one of them has the opportunity to PROTEST their tax bill? Sounds fair to me except that you might want to know why your tax bill is what it is before you Attack!

First there is a deadline for property owners to appeal their new value or what tax exemptions they receive and that is Sept. 19. The petitions must be received be the Value Adjustment Board by that date. Petitions are available at www.bcpa.net.

Your TRIM Notice reflects the Property Appraisers ASSESSMENT of your property's taxable value. Here is one of the areas it gets confusing especially if you are new to living in Florida. For nearly all non-homesteaded property, the assessed value is identical to the property's market value as of January 1, 2008. For Homesteaded property, your assessed value is your "Save Our Homes" value. (READ FURTHER FOR HOMESTEAD EXPLANATION). The bottom line to all of this is: If the market value of your property that is listed on your TRIM notice is higher than you believe a purchaser would have paid, you can call and file a value petition.

The Property Appraisers office has their hands tied by the various taxing districts such as the School Board, County Commission, City Commission, Hospital District, Water Management district boards and a few others. The budgets that are set by these taxing districts have a BIG impact on your taxes (in other words, we can't just be mad at the Property Appraiser, besides the fact that she really is a nice person). If you want to argue, the hearing dates and locations are set on your TRIM Notice for each taxing authority.

I, (Joy) am a Homesteaded property owner. My taxes went down by $186 and some small change. Should I file a complaint? Probably not because I have lived in my home for 13 years (that also makes me a lousy real estate customer, but my Mother, whose lived with me to raise my girls for 22 years does not want to move and since I am never home, we stay put to keep her happy.) My neighbor who has the same home pays on average $6,000 more than I do in taxes. Why? Because they bought their home just two years ago when values were much higher and your property taxes are set based on the value at the time you purchase.

Wait there's more.....Here is the disclaimer part I mentioned above. I'm not sure about the history of this, but it was what I was told and it sounded good to me. Back in the Cowboy Days, when People gambled away their homes and families were displaced, a law was passed to protect the Homeowner occupants. It is called a HOMESTEAD Law. Later another law was passed called "Save Our Homes"- the law part is true...I'm just not positive about the Cowboy part. Anyhow Save Our Homes meant that you were guaranteed as a Homeowner that your property values would never increase more than 3 percent per year, regardless of inflation or market condition changes. This was to keep people from being taxed out of their homes. That is GREAT, for someone like me who lives in a place forever and if I sell to a low minimally qualifying purchaser, they have a much better chance of qualifying for the loan because they are qualified on current taxes. It is not so great for the recent purchaser and especially anyone that bought 2004 to 2007, because taxes are calculated on assessed value and assessed value is generally what you paid.

The law works for those of us that have been in our homes a while and it is not fair for new purchasers. I'm not a politician (although I have frequently been asked to run for Mayor), but whoever takes on the job of law reform, they have my blessing because that would mean a tax increase ultimately and we all know how well that is received.

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July 2008 Southeast Florida Real Estate Inventory Statistics For Broward County and Palm Beach County

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
July 1, 2008 - July 31, 2008

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently ­­­­­16,959 Single Family Homes LISTED FOR SALE in Broward County.

­­­5884 priced under $250,000
7057 priced between 250,001 and $500,000
1800 priced between $500,001 and $750,000
822 priced between $750,001 and $1,000,000
635 priced between $1,000,001 and $1,500,000
308 priced between $1,500,001 and $2,000,000
454 priced over $2,000,000

For the month of July 678, Single Family Homes SOLD in Broward County.

219 were sold under $250,000
342 were sold between 250,001 and $500,000
65 were sold between $500,001 and $750,000
22 were sold between $750,001 and $1,000,000
17 were sold between $1,000,001 and $1,500,000
9 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000

There are currently 22,092 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

15,636 are priced under $250,000
4316
are priced between 250,001 and $500,000
984
are priced between $500,001 and $750,000
455
are priced between $750,001 and $1,000,000
391
are priced between $1,000,001 and $1,500,000
194
are priced between $1,500,001 and $2,000,000
114
are priced over $2,000,000

For the month of July, 634, Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

501 were sold under $250,000
91 were sold between 250,001 and $500,000
22 were sold between $500,001 and $750,000
7 were sold between $750,001 and $1,000,000
9 were sold between $1,000,001 and $1,500,00
3 were sold between $1,500,001 and $2,000,000
1 were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently 11,779 single family homes listed for sale in Palm Beach County.

­­3759 priced under $250,000
4562 priced between 250,001 and $500,000
1355 priced between $500,001 and $750,000
711 priced between $750,001 and $1,000,000
528 priced between $1,000,001 and $1,500,000
276 priced between $1,500,001 and $2,000,000
573 priced over $2,000,000

For the month of July, 589 Single Family Homes SOLD in Palm Beach County.

207 were sold under $250,000
254 were sold between 250,001 and $500,000
61 were sold between $500,001 and $750,000
23 were sold between $750,001 and $1,000,000
16 were sold between $1,000,001 and $1,500,000
11 were sold between $1,500,001 and $2,000,000
14 were sold over $2,000,000

There are currently 4052 Multi-Family Homes LISTED FOR SALE in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

3221 are priced under $250,000
592 are priced between 250,001 and $500,000
137 are priced between $500,001 and $750,000
50 are priced between $750,001 and $1,000,000
39 are priced between $1,000,001 and $1,500,000
6 are priced between $1,500,001 and $2,000,000
1 is priced over $2,000,000

For the month of July, 476 Multi-Family Homes SOLD in Palm Beach county.

381 were sold under $250,000
71 are sold between 250,001 and $500,000
16 were sold between $500,001 and $750,000
4 were sold between $750,001 and $1,000,000
3 were sold between $1,000,001 and $1,500,000
No Homes were sold between $1,500,001 and $2,000,000
1 sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold,

please email us at Team@GreatFloridaHomes.com and we will forward the information

for your reference or review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale

and the Realtor Association of the Palm Beaches.

There is a DECREASE in overall single family listings in Broward and an INCREASE in Palm Beach county and PROPERTIES ARE STILL SELLING!

Overall inventory is still high in both counties for multi and single family homes.

The current Economic Stimulus packages signed by the President is meant to decrease inventory by allowing people the opportunity to re-finance at a percentage of current market value. Click here to see an overview of this and other opportunities to lighten your real estate burden. http://www.r-world.com/files/HR%203221%20Facts.pdf

Call us today to see if you qualify for this program.

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Why Do Realtors Do That?

 I have so many un-answered questions and do not know where to turn.....

Why do agents take pictures of bathrooms and not put the toilet seat down?

Why do Realtors put on their showing instructions, Call Listing Office when the office does not have the file or instructions? The office might take all of your information and then say, you have to call the agent and then you wind up repeating yourself all over again.

Why do agents not post pictures of listings OR Descriptions of properties amidst all of this competition?

Why don't the Realtor boards who make us pay our dues for all of this "Training and Knowledge" teach Realtors how to make an appointment to show property (especially when they are leaving a voicemail.  Information like, agent name, ID, Time and Date of proposed showing is useful). 

If there are classes on how to be a real estate professional, why aren't they mandatory?  

WHY - If 8 or 16 pictures are allowed to present a property, does an agent not take advantage of an AWESOME Opportunity to promote their clients listing or perform the job they were hired to do-MARKET & SELL THAT PROPERTY!?!

Why don't Sellers and Landlord's proof their agents work for Ads and photos? They are paying them for a job, shouldn't they?

Why wouldn't an agent market themselves with their own website or email address? Company websites are great due to the national exposure they pay for, but having your own is just as important.  Email addresses are equally as important and reflect who you are as a real estate professional.  AOL, Hotmail, Gmail and Yahoo are not real estate professional in my opinion.

On that note-Why would an agent have email if they only check it once in a while?

Personally I did not know what a Realtor even was until I became one. My parents were taken advantage by one. They lost $10,000 in a transaction due to extenuating circumstances (Dad was killed the week before closing).  I was VERY BITTER over the agent that ill-advised my family. I complained a lot!!! My children's father got tired of listening to me and basically said, put up or shut-up.

I thought, ARE YOU KIDDING ME?!? become one of THEM?!?

The more I thought about it the more I realized he was right. Either I stopped complaining or I made it my mission to make a difference.

It has been a long and profitable mission as long as I kept my goal at the forefront constantly. "To show people that Realtors are GOOD, HONEST, CARING, People!"

Okay, I admit I can't change the world, but I can make a difference one customer at a time!

I am a FRUSTRATED Real Estate Professional!

On that note I LOVE the FREEDOM that my profession allows me. If I want to go to one of my kids events or do something personal, I can. If there is work to be done, I can still get it done either remotely or work later. (It also helps to have a GREAT Assistant and Business Partner!). 

I am a FRUSTRATED Real Estate Professional!  

Fortunately the attempt to make a difference pays the bills and still allows me the opportunity to enjoy my personal choices. My Honey is right, I'll never change the way things are done, but he also knows I'll probably never stop trying to make Realtors look better as Real Estate Professionals.

There are lots of good agents in this nation, just not enough of them.

Onward troops, there is a battle to be won!

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June 2008 Southeast Florida Real Estate Inventory Statistics

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
June
01, 2008 – June 30, 2008

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

 

There are currently ­­­­­17094 Single Family Homes LISTED FOR SALE in Broward County.

 

­­­5514 priced under $250,000
7438 priced between 250,001 and $500,000
1845 priced between $500,001 and $750,000
868 priced between $750,001 and $1,000,000
656 priced between $1,000,001 and $1,500,000
312 priced between $1,500,001 and $2,000,000
458 priced over $2,000,000

 

For the month of June 734 Single Family Homes SOLD in Broward County. 

 

243 were sold under $250,000
334 were sold between 250,001 and $500,000
80 were sold between $500,001 and $750,000
37 were sold between $750,001 and $1,000,000
21 were sold between $1,000,001 and $1,500,000
10 were sold between $1,500,001 and $2,000,000
9 were sold over $2,000,000

 

There are currently 22131 Multi-Family Homes LISTED FOR SALE in Broward County.  Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

 

15447 are priced under $250,000
4513 are priced between 250,001 and $500,000
992 are priced between $500,001 and $750,000
467 are priced between $750,001 and $1,000,000
393 are priced between $1,000,001 and $1,500,000
206 are priced between $1,500,001 and $2,000,000
111 are priced over $2,000,000

 

For the month of June 642 Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

 

497 were sold under $250,000
111 were sold between 250,001 and $500,000
21 were sold between $500,001 and $750,000
8 were sold between $750,001 and $1,000,000
5 were sold between $1,000,001 and $1,500,00
0 were sold between $1,500,001 and $2,000,000
0 were sold over $2,000,000

 

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth,  Wellington and West Palm Beach.

There are currently 11,392 Single Family homes listed for sale in Palm Beach County.

 

­­3377 priced under $250,000
4492 priced between 250,001 and $500,000
1406 priced between $500,001 and $750,000
726 priced between $750,001 and $1,000,000
539 priced between $1,000,001 and $1,500,000
281 priced between $1,500,001 and $2,000,000
570 priced over $2,000,000

For the month of 704 Single Family Homes SOLD in Palm Beach County. 

231 were sold under $250,000
324 were sold between 250,001 and $500,000
71 were sold between $500,001 and $750,000
25 were sold between $750,001 and $1,000,000
21 were sold between $1,000,001 and $1,500,000
18 were sold between $1,500,001 and $2,000,000
14 were sold over $2,000,000

There are currently 12,516 Multi-Family Homes LISTED FOR SALE in Palm Beach County.  Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

8973 are priced under $250,000
2421 are priced between 250,001 and $500,000
539 are priced between $500,001 and $750,000
234 are priced between $750,001 and $1,000,000
168 are priced between $1,000,001 and $1,500,000
87 are priced between $1,500,001 and $2,000,000
95 are priced over $2,000,000

 

For the month of June, 605 Multi-Family Homes SOLD in Palm Beach county.

 

473 were sold under $250,000
93 are sold between 250,001 and $500,000
20 were sold between $500,001 and $750,000
6 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
3 were sold between $1,500,001 and $2,000,000
2 are sold over $2,000,000

 

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.

Information deemed reliable as provided by the
Realtor Association of Greater Fort Lauderdale
and the Realtor Association of the Palm Beaches.

 

In Single Family Listed for Broward there were about 400 more homes for June and about 80 less sold than June.  In Multi Family there were about 200 more for sale and about 70 less sales.

 

In Single Family Listed for Palm Beach there were about 2500 more listed homes for June and about 150 more sold.  In Multi Family there were about 330 more for sale and about 30 more sold over May.

 

For June the biggest difference our Team noticed was the increase in the amount of rentals we completed.  Far more than sales!  Fear is still a prevalent and immoblizing feeling amongst the buying public.  Those that are not immobilized by fear are taking advantage of some of the great opportunities available.

 

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May 2008 Southeast Florida Real Estate Inventory Statistics

  REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
May
01, 2008 - May 31, 2008

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently ­­­­­17,157 Single Family Homes LISTED FOR SALE in Broward County.

­­­5184 priced under $250,000
7689 priced between 250,001 and $500,000
1923 priced between $500,001 and $750,000
906 priced between $750,001 and $1,000,000
669 priced between $1,000,001 and $1,500,000
307 priced between $1,500,001 and $2,000,000
477 priced over $2,000,000

For the month of May 647, Single Family Homes SOLD in Broward County.

197 were sold under $250,000
335 were sold between 250,001 and $500,000
58 were sold between $500,001 and $750,000
22 were sold between $750,001 and $1,000,000
14 were sold between $1,000,001 and $1,500,000
9 were sold between $1,500,001 and $2,000,000
8
were sold over $2,000,000

There are currently 22,392 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

15,389 are priced under $250,000
4,756 are priced between 250,001 and $500,000
1039 are priced between $500,001 and $750,000
479 are priced between $750,001 and $1,000,000
404 are priced between $1,000,001 and $1,500,000
208 are priced between $1,500,001 and $2,000,000
118 are priced over $2,000,000

For the month of May 2008 713, Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

534 were sold under $250,000
124 were sold between 250,001 and $500,000
35 were sold between $500,001 and $750,000
6 were sold between $750,001 and $1,000,000
6 were sold between $1,000,001 and $1,500,00
4 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are 9085, currently single family homes listed for sale in Palm Beach County.

3268­­ priced under $250,000
4690 priced between 250,001 and $500,000
1444 priced between $500,001 and $750,000
754 priced between $750,001 and $1,000,000
534 priced between $1,000,001 and $1,500,000
302 priced between $1,500,001 and $2,000,000
585 priced over $2,000,000

For the month of April, 557, Single Family Homes SOLD in Palm Beach County.

160 were sold under $250,000
257 were sold between 250,001 and $500,000
66 were sold between $500,001 and $750,000
34 were sold between $750,001 and $1,000,000
14 were sold between $1,000,001 and $1,500,000
8 were sold between $1,500,001 and $2,000,000
18 were sold over $2,000,000

There are currently 12,844 Multi-Family Homes LISTED FOR SALE in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

9130 are priced under $250,000
2550 are priced between 250,001 and $500,000
556 are priced between $500,001 and $750,000
236 are priced between $750,001 and $1,000,000
179 are priced between $1,000,001 and $1,500,000
89 are priced between $1,500,001 and $2,000,000
104 are priced over $2,000,000

For the month of May 577, Multi-Family Homes SOLD in Palm Beach county.

444 were sold under $250,000
85 are sold between 250,001 and $500,000
23 were sold between $500,001 and $750,000
10 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
2 were sold between $1,500,001 and $2,000,000
5 are sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information
for your reference or review.


Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale and                                              the Realtor Association of the Palm Beaches.

There has been in increase in sales for May at least with our Team. We could not be happier to feel as if this is a turn around point!

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Memorial Day 2008

I manage the Trustee program for the Coral Springs Chamber of Commerce. During introductions on Thursday, 22nd, the Mayor of Coral Springs, Scott Brook asked us as citizens to join the Memorial Day service at Veterans Park on Monday the 26th. I thought to myself.....I know Memorial Day is every year, why have I never attended this event?
My Mom and I walk most mornings so all weekend long I badgered her to borrow a second bicycle so we could bike to the park as it would be a little too far to walk there and back in the Florida heat. By Sunday night, still no second bike so I reformulated our plan. We'll drive to the nearby Albertson's and walk to the park from there since I knew the parking at Veterans Park was just a few spots.
Up in plenty of time to make it to the park for the 9 AM service, I was so pleasantly surprised to see a lot of people there and of course plenty of cars parked in the swale (oh well, I told Mom we needed the exercise anyway).
The service had its perfunctory side to it and beyond that it was beautiful! I thought I was going to come out of my skin when they fired the guns as I did not hear that part for the preparation of the noise. Hearing the speaker was strained since we stood in the back because we were dressed rather causal for our walk and didn't feel respectful enough of our presentation in attire. This was not an issue as most people were dressed casual or comfortable. (It is Florida in May and already in the 90 degree range.)
I learned a lot from that service. I did not know that there were 6 flags that fly for the services. 5 flags for the Armed Forces and the 6th for prisoners of war or missing in action men and women. I did not know that each division of the armed service had a ethos and that all of them included, "No comrade will be left behind".
I was impressed by the beauty of the flag waving in the breeze at half mast. I was saddened by the tears from men and women who had given and suffered for us to be able to enjoy our freedom.
No one in my immediate family has been in the armed forces that I was aware of until Mom and I walked and she told me about her uncles and her step father and others that had suffered from the devastation of war. Today my oldest daughter is in love with a marine who is on his way to Iraq, so we are living closer to the activities of this war with her emotional torment and upheaval in wondering is he OK and when will he be home?
I had the privilege to live in Singapore during the Vietnam war. My Dad had a flying service in Phom Penh, Cambodia. He told us kids that he flew supplies and ammunition. After he was killed, many years later in the states, we found out lots of things we never knew about dear old Dad. I just thought he was a nerdy pilot and of course my Dad who I loved very much for the adventure he gave us kids.
Back to my point of Memorial Day.....this war and most wars, many of us do not agree with and then there are those who make a dedicated commitment to defend the rest of us from further or future harm. These are an amazing group of people, whether you agree with them or not. They do what they do for us and when tragedy occurs for them it should be front page news and not buried on page 27 as one of the Majors said in the presentation. To commit to give up your life for another, now that is front page news in my opinion.
Whatever way you can in the future, find a way to say thank you for those that fight for us.
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April 2008 Southeast Florida Real Estate Inventory Statistics

I REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
April
01, 2008 - April 30, 2008

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently ­­­­­17,051Single Family Homes LISTED FOR SALE in Broward County.

­­­4,750 priced under $250,000
7229 priced between 250,001 and $500,000
1992 priced between $500,001 and $750,000
983 priced between $750,001 and $1,000,000
688 priced between $1,000,001 and $1,500,000
319 priced between $1,500,001 and $2,000,000
478 priced over $2,000,000

For the month of April, 641, Single Family Homes SOLD in Broward County.

216 were sold under $250,000
317 were sold between 250,001 and $500,000
65 were sold between $500,001 and $750,000
19 were sold between $750,001 and $1,000,000
10 were sold between $1,000,001 and $1,500,000
7 were sold between $1,500,001 and $2,000,000
8 were sold over $2,000,000

There are currently 22,594 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

15,207 are priced under $250,000
5035 are priced between 250,001 and $500,000
1084 are priced between $500,001 and $750,000
497 are priced between $750,001 and $1,000,000
428 are priced between $1,000,001 and $1,500,000
228 are priced between $1,500,001 and $2,000,000
124 are priced over $2,000,000

For the month of April 2008, 701 Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

531 were sold under $250,000
111 were sold between 250,001 and $500,000
33 were sold between $500,001 and $750,000
15 were sold between $750,001 and $1,000,000
9 were sold between $1,000,001 and $1,500,00
0 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently 11,208 single family homes listed for sale in Palm Beach County.

­­2831 priced under $250,000
4697 priced between 250,001 and $500,000
1453 priced between $500,001 and $750,000
732 priced between $750,001 and $1,000,000
562 priced between $1,000,001 and $1,500,000
313 priced between $1,500,001 and $2,000,000
619 priced over $2,000,000

For the month of April, 612 Single Family Homes SOLD in Palm Beach County.

193 were sold under $250,000
297 were sold between 250,001 and $500,000
55 were sold between $500,001 and $750,000
19 were sold between $750,001 and $1,000,000
23 were sold between $1,000,001 and $1,500,000
7 were sold between $1,500,001 and $2,000,000
18 were sold over $2,000,000

There are currently 10924 Multi-Family Homes LISTED FOR SALE in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

7551 are priced under $250,000
2281 are priced between 250,001 and $500,000
533 are priced between $500,001 and $750,000
202 are priced between $750,001 and $1,000,000
168 are priced between $1,000,001 and $1,500,000
90 are priced between $1,500,001 and $2,000,000
101 are priced over $2,000,000

For the month of April, 579 Multi-Family Homes SOLD in Palm Beach county.

457 were sold under $250,000
87 are sold between 250,001 and $500,000
17 were sold between $500,001 and $750,000
8 were sold between $750,001 and $1,000,000
6 were sold between $1,000,001 and $1,500,000
2 were sold between $1,500,001 and $2,000,000
2 are sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information
for your reference or review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale and the Realtor Association of the Palm Beaches.

There has been in decrease in supply of inventory between the two counties and an increase in sales for April 2008. The internet inquires have picked up substanitally with our team as well as sales.

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It's Not Recommended To Socialize With Your Buyers

There are so many potential scenarios that can take place between the negotiations of a Buyer and Seller for a property. Overall the majority are smooth transitions without too much aggravation.

Some Sellers never meet the Buyers and the only contact is between the agents.

Sometimes the negotiations become heated usually due to an oversized ego of one party or an emotional issue that is difficult to detach from the structure of the transaction.

This is where having an agent on each side is a benefit, because as real estate professionals they maintain a balance between the parties (this is assuming they keep their ego's in check as well).

We have had Sellers that left a basket of goodies for the Buyer and had the home professionally cleaned before the Buyers moved-in. That leaves such a nice warm fuzzy feeling for the new homeowners. On the contrary we have had a home left so dirty that professional cleaners had to be brought in to make the place livable. (Note: Most real estate contracts call for the property to be left broom swept clean). I'm just not sure how that applies to the refrigerator.

Some of our clients are very social and some not so social. It is a business transaction (with emotional issues), so either of these is fine.

What spells disaster is a social client that loves everybody and one who volunteers unnecessary information during the social Interaction. Information that was not originally disclosed as part of the terms of the agreement that both parties agreed to. The Buyer and Seller then become enemies over hurt feelings. It is sad but true.

The moral is, Let your agent represent you in the transaction (that is what they are trained and experienced for). Disclose everything up front in a Sellers Disclosure that you REALLY know about the house.

Lastly, save the cocktail hour for after the closing, when all of the keys have been distributed to their respective owners.

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March 2008 Southeast Florida Real Estate Inventory Statistics

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
March 01, 2008 to March 30, 2008

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently ­­­­­17360 Single Family Homes LISTED FOR SALE in Broward County.

­­­4386 priced under $250,000
8239 priced between 250,001 and $500,000
2139 priced between $500,001 and $750,000
973 priced between $750,001 and $1,000,000
700 priced between $1,000,001 and $1,500,000
331 priced between $1,500,001 and $2,000,000
502 priced over $2,000,000

For the month of March 437, Single Family Homes SOLD in Broward County.

124 were sold under $250,000
219 were sold between 250,001 and $500,000
49 were sold between $500,001 and $750,000
18 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
9 were sold between $1,500,001 and $2,000,000
10 were sold over $2,000,000

There are currently 22,996 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

15118 are priced under $250,000
5414 are priced between 250,001 and $500,000
1163 are priced between $500,001 and $750,000
494 are priced between $750,001 and $1,000,000
436 are priced between $1,000,001 and $1,500,000
135 are priced between $1,500,001 and $2,000,000
137 are priced over $2,000,000

For the month of March, 580 Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

459 were sold under $250,000
82 were sold between 250,001 and $500,000
18 were sold between $500,001 and $750,000
7 were sold between $750,001 and $1,000,000

6 were sold between $1,000,001 and $1,500,00
6 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000

 

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth,  Wellington and West Palm Beach.

There are currently 11491 single family homes listed for sale in Palm Beach County.

­­2681 priced under $250,000
5018 priced between 250,001 and $500,000
1507 priced between $500,001 and $750,000
754 priced between $750,001 and $1,000,000
581  priced between $1,000,001 and $1,500,000
315 priced between $1,500,001 and $2,000,000
635  priced over $2,000,000

For the month of March, 346 Single Family Homes SOLD in Palm Beach County. 

103 were sold under $250,000
153 were sold between 250,001 and $500,000
44 were sold between $500,001 and $750,000
16 were sold between $750,001 and $1,000,000
14 were sold between $1,000,001 and $1,500,000
1 were sold between $1,500,001 and $2,000,000
10 were sold over $2,000,000

There are currently  Multi-Family Homes LISTED FOR SALE in Palm Beach County.  Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels. (I apologize for the lack of information on availability)

 are priced under $250,000
 are priced between 250,001 and $500,000
 are priced between $500,001 and $750,000
 are priced between $750,001 and $1,000,000
 are priced between $1,000,001 and $1,500,000
 are priced between $1,500,001 and $2,000,000
 are priced over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information
for your reference or review.


Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale
and the Realtor Association of the Palm Beaches.

There is a slight increase in inventory across the board AND AN INCREASE in sales!  It is important to remember that real estate local.  Although the nation as a whole is not doing well, things appear to be picking up in our local market.  I work in an office with 180 agents.....In the last two weeks agents are coming in earlier and staying later.  Conference rooms are occupied more frequently and showings have increased on most of our listings.  There is definitely a renewed energy and it is exciting.

 

For the month of March, 517 Multi-Family Homes SOLD in Palm Beach county.

413 were sold under $250,000
 74 are sold between 250,001 and $500,000
11
were sold between $500,001 and $750,000
13
were sold between $750,001 and $1,000,000
5
were sold between $1,000,001 and $1,500,000
1
were sold between $1,500,001 and $2,000,000
 None Sold
over $2,000,000

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February 2008 Southeast Florida Inventory Statistics

REAL ESTATE UPDATE FOR SOUTHEAST FLORIDA
BROWARD COUNTY & PALM BEACH COUNTY
February 1, 2008 to February 29, 2009 (Leap Year)

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently ­­­­­17293 Single Family Homes LISTED FOR SALE in Broward County.

­­4095 priced under $250,000
8534 priced between 250,001 and $500,000
2167priced between $500,001 and $750,000
972 priced between $750,001 and $1,000,000
698 priced between $1,000,001 and $1,500,000
334 priced between $1,500,001 and $2,000,000
493 priced over $2,000,000

For the month of February, 383, Single Family Homes SOLD in Broward County.

127 were sold under $250,000
179 were sold between 250,001 and $500,000
35 were sold between $500,001 and $750,000
21 were sold between $750,001 and $1,000,000
13 were sold between $1,000,001 and $1,500,000
4 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000

There are currently 22934 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

14705 are priced under $250,000
5688 are priced between 250,001 and $500,000
1202 are priced between $500,001 and $750,000
501 are priced between $750,001 and $1,000,000
447 are priced between $1,000,001 and $1,500,000
248 are priced between $1,500,001 and $2,000,000
143 are priced over $2,000,000

For the month of February, 480 Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

370 were sold under $250,000
76 were sold between 250,001 and $500,000
16 were sold between $500,001 and $750,000
12 were sold between $750,001 and $1,000,000
3 were sold between $1,000,001 and $1,500,00
1 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently11497 single family homes listed for sale in Palm Beach County.

­­2550 priced under $250,000
5123 priced between 250,001 and $500,000
1541 priced between $500,001 and $750,000
742 priced between $750,001 and $1,000,000
585 priced between $1,000,001 and $1,500,000
321 priced between $1,500,001 and $2,000,000
655 priced over $2,000,000

For the month of February, 255 Single Family Homes SOLD in Palm Beach County.

64 were sold under $250,000
124 were sold between 250,001 and $500,000
28 were sold between $500,001 and $750,000
13 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
3 were sold between $1,500,001 and $2,000,000
9 were sold over $2,000,000

There are currently 11,506 Multi-Family Homes LISTED FOR SALE in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

7813 are priced under $250,000
2505 are priced between 250,001 and $500,000
575 are priced between $500,001 and $750,000
233 are priced between $750,001 and $1,000,000
192 are priced between $1,000,001 and $1,500,000
85 are priced between $1,500,001 and $2,000,000
107 are priced over $2,000,000

For the month of February, 261 Multi-Family Homes SOLD in Palm Beach county.

194 were sold under $250,000
49 are sold between 250,001 and $500,000
14 were sold between $500,001 and $750,000
3 were sold between $750,001 and $1,000,000
1 were sold between $1,000,001 and $1,500,000
Zero Homes sold between $1,500,001 and $2,000,000
Zero homes sold over $2,000,000

To see details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale and the Realtor Association of the Palm Beaches.

Summary:

In Broward, single family home inventory had a minor increase in inventory and a minor increase in sales. In Broward multi family homes, there was minor decrease in inventory and a slight increase in sales.

In Palm Beach county, single family homes had an increase in inventory (note, we added some additional areas, slightly north of Okeechobee Boulevard that attributed to this increase). The sales (even with the added areas) decreased by almost 50 percent.

In Palm Beach multi-family homes there was an increase in inventory and an increase in sales as well.

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The Pickins are Good for Buyers in Southeast Florida Real Estate

In Southeast Florida, with the over supply of choices, the pickens are fabulous for a Buyer. This Buyers market comes around every 10 - 12 years, WOW! That is not often enough for a Buyer to be in the drivers seat.

Many Buyers have already taken the aggressive stance to move forward with a purchase and many are waiting. WAITING FOR WHAT? Waiting till they hear that it is a good time to buy? By that time it is too late. It is like when your Hairdresser tells you to buy a stock-IT IS TOO LATE!

When everyone is on the bandwagon, it is too late for THE BEST opportunities. Look what happened with all of the investors buying and flipping real estate the last couple of years. By the time they got into the market the bottom was falling out and now many are stuck with over valued properties that they have to short sale or suffer through a foreclosure.

This is not a Sellers market unless they have a lot of equity or can afford to take a loss. This is a Buyers market, where Buyers are aggressive in their offers. There is a bottom and the bottom is near.

Take the time to go and look at the available inventory of homes. Pick the best one, make your best offer and hope it works out. If not, there are other choices.

Jump on your opportunity that usually comes around every decade.

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January 2008 Inventory Statistics

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
(1-01-2008 to 1-31-2008)

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently 17176 Single Family Homes LISTED FOR SALE in Broward County.

3872 priced under $250,000
8585 priced between 250,001 and $500,000
2263 priced between $500,001 and $750,000
967 priced between $750,001 and $1,000,000
686 priced between $1,000,001 and $1,500,000
329 priced between $1,500,001 and $2,000,000
3 priced over $2,000,000

For the month of January, 367, Single Family Homes SOLD in Broward County.

138 were sold under $250,000
179 were sold between 250,001 and $500,000
34 were sold between $500,001 and $750,000
2 were sold between $750,001 and $1,000,000
7 were sold between $1,000,001 and $1,500,000
5 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000

There are currently 22,884 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

14461 are priced under $250,000
5867 are priced between 250,001 and $500,000
1217 are priced between $500,001 and $750,000
524 are priced between $750,001 and $1,000,000
423 are priced between $1,000,001 and $1,500,000
299 are priced between $1,500,001 and $2,000,000
143 are priced over $2,000,000

For the month of January, 463 Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.

343 were sold under $250,000
87 were sold between 250,001 and $500,000
12 were sold between $500,001 and $750,000
7 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
3 were sold between $1,000,001 and $1,500,000
1 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently 9781 single family homes listed for sale in Palm Beach County.

1940 priced under $250,000
4520 priced between 250,001 and $500,000
1419 priced between $500,001 and $750,000
646 priced between $750,001 and $1,000,000
469 priced between $1,000,001 and $1,500,000
247 priced between $1,500,001 and $2,000,000
540 priced over $2,000,000

For the month of January, 439 Single Family Homes SOLD in Palm Beach County.

214 were sold under $250,000
145 were sold between 250,001 and $500,000
37 were sold between $500,001 and $750,000
19 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
4 were sold between $1,500,001 and $2,000,000
12 were sold over $2,000,000

There are currently 10.435 Multi-Family Homes LISTED FOR SALE. in Palm Beach county.
 Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

6935 are priced under $250,000
2379 are priced between 250,001 and $500,000
534 are priced between $500,001 and $750,000
217 are priced between $750,001 and $1,000,000
174 are priced between $1,000,001 and $1,500,000
89 are priced between $1,500,001 and $2,000,000
107 are priced over $2,000,000

For the month of January, 195 Multi-Family Homes SOLD in Palm Beach county.

149 were sold under $250,000
26 are sold between 250,001 and $500,000
8 were sold between $500,001 and $750,000
7 were sold between $750,001 and $1,000,000
3 were sold between $1,000,001 and $1,500,000
1 were sold between $1,500,001 and $2,000,000
1 are sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale and the Realtor Association of the Palm Beaches.

There has been in increase in oversupply of inventory between the two counties since December 2007 and a decrease in properties sold.

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December 2007 Real Estate Statistics for Broward and Palm Beach Counties

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY

(12-01-2007 to 12-31-2007)

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently 16,464 Single Family Homes LISTED FOR SALE in Broward County.

3497 priced under $250,000
8341 priced between 250,001 and $500,000
2226 priced between $500,001 and $750,000
960 priced between $750,001 and $1,000,000
654 priced between $1,000,001 and $1,500,000
304 priced between $1,500,001 and $2,000,000
485 priced over $2,000,000

For the month of December, 504 Single Family Homes SOLD in Broward County.

145 were sold under $250,000
269 were sold between 250,001 and $500,000
46
were sold between $500,001 and $750,000
23
were sold between $750,001 and $1,000,000
16 were sold between $1,000,001 and $1,500,000
2
were sold between $1,500,001 and $2,000,000
3 were sold over $2,000,000

There are currently 22193 Multi-Family Homes LISTED FOR SALE in Broward County.
Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

13819 are priced under $250,000
5838 are priced between 250,001 and $500,000
1208 are priced between $500,001 and $750,000
518 are priced between $750,001 and $1,000,000
427 are priced between $1,000,001 and $1,500,000
243 are priced between $1,500,001 and $2,000,000
154 are priced over $2,000,000

For the month of December, 536 Multi-Family Homes SOLD in Broward County.
(Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.)

387 were sold under $250,000
105 were sold between $500,001 and $750,000
25 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
3 were sold between $1,000,001 and $1,500,000
5 were sold between $1,500,001 and $2,000,000
3 were sold over $2,000,000

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently, 9559 Single Family Homes LISTED FOR SALE in Palm Beach County.

1840 priced under $250,000
4467 priced between 250,001 and $500,000
1380 priced between $500,001 and $750,000
633 priced between $750,001 and $1,000,000
490 priced between $1,000,001 and $1,500,000
217 priced between $1,500,001 and $2,000,000
532 priced over $2,000,000

For the month of December, 281 Single Family Homes SOLD in Palm Beach County.

81 were sold under $250,000
24
were sold between $500,001 and $750,000
8
were sold between $750,001 and $1,000,000
11
were sold between $1,000,001 and $1,500,000
9
were sold between $1,500,001 and $2,000,000
11
were sold over $2,000,000

There are currently 10239 Multi-Family Homes LISTED FOR SALE in Palm Beach County.
Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

6756 are priced under $250,000
2399 are priced between 250,001 and $500,000
519 are priced between $500,001 and $750,000
208 are priced between $750,001 and $1,000,000
171 is priced between $1,000,001 and $1,500,000
84 priced between $1,500,001 and $2,000,000
102 was priced over $2,000,000

For the month of December, 245 Multi-Family Homes SOLD in Palm Beach county.

204 were sold under $250,000
29 were sold between 250,001 and $500,000
8 were sold between $500,001 and $750,000
2 were sold between $750,001 and $1,000,000
1 were sold between $1,000,001 and $1,500,000
None were sold priced between $1,500,001 and $2,000,000
1 was sold over $2,000,000

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale and the Realtor Association of the Palm Beaches.

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