5144 AURORA LAKE CR - South Florida MLS Comps

MLS sheet for download

 5144 AURORA LAKE CR
 Green Acres, FL  33463

Remodeled 3/2.5 with 2 car garage, new kitchen cabinets, granite countertops, stainless steel appliances, new carpet, walk-in closets in master bedroom, just painted, brand new A/C, new landscaping, low H.O.A., nice community.  Close to clubhouse with large pool, tennis courts, basketball courts, hockey ring, beach valleyball court, large playground, and football field.

Download here: 5144 AURORA LAKE CR - South Florida MLS Comps

Palm Beach County SFR spikes an Average 7% - News

Palm Beach County Single Family Residential Average Sale prices spiked 7% when compared to the same time frame of last year.  

Read More:  Palm Beach County SFR spikes an Average 7% - News

5161 Aurora Lake Cir - South Florida MLS Comps

5161 Aurora Lake Cir
Green Acres  33463

A recent Short Sale with full MLS information here:   5161 Aurora Lake Cir - South Florida MLS Comps

8211 Muirhead Cir - South Florida MLS Comps

Download the MLS sheet

8211 Muirhead Cir - South Florida MLS Comps 

The King of Queens is now the King of Delray Beach! - News

Comedian Kevin James has been reported to be a buyer of a Delray Beach Mansion on Ocean Blvd by the Palm Beach Post.
The Post states that sources say that Kevin James purchased 502 N Ocean Blvd for $18.5 million dollars.  The Estate has a reported floorplan of 25,834 sq. ft. that sits on 1.8 acres directly across from the beach.





Read More Here: The King of Queens is now the King of Delray Beach! - News

6276 Floridian Cir - South Florida MLS Comps

6276 Floridian Cir - South Florida MLS Comps

MLS Download Sheets & Remarks

11893 Osprey Point Cir - South Florida MLS Comps

New feature on the Comp Reporter with Broker Remarks:

11893 Osprey Point Cir - South Florida MLS Comps

7485 Hazelwood Cir - South Florida MLS Comps

MLS Sheet to download! Here: 7485 Hazelwood Cir - South Florida MLS Comps

Broward County Condo Average Sale Price Up 5 – 8%! - News

Broward County over the past 12 months has seen 19,412 Condominium Sales from July 2011 to July 2012.  This data is showing that the average condominium in Broward County has seen a 5 to 8% increase over the past 12 months.  This price trend has taken place in a steady sales environment which has seen 1200 to 1800 sales each and every month. 

Read More:  Broward County Condo Average Sale Price Up 5 – 8%! - News

7082 Catalina Isle Dr - South Florida MLS Comps

7082 Catalina Isle Dr - South Florida MLS Comps
MLS Sheet available for download

7082 Catalina Isle Dr - South Florida MLS Comps

7933 Charlemont Pt - South Florida MLS Comps

7933 Charlemont Pt
Lake Worth, FL 33467

Download MLS Sheet for Free:  7933 Charlemont Pt - South Florida MLS Comps

7672 New Ellenton Dr - South Florida MLS Comps

 7672 New Ellenton Dr
Boynton Beach  33437

Download MLS Sheet for Free: 7672 New Ellenton Dr - South Florida MLS Comps

Sales Velocity Slowing in West Central Palm Beach County!! - News

Is the sales velocity of certain markets slowing down or are we just seeing a blimp in the data?  On FastFloridaAppraisals.com, we have a free service called the Comp Reporter.  The Comp Reporter scans markets and posts recent closed sales activity for certain areas.  We have noticed in the past 7 days one area showing a slowdown in closed activity.  This area is in Western Palm Beach County West of Haverhill Rd, North of Boynton Beach Blvd, South of Lake Worth Blvd and East of 441.

Read More: Sales Velocity Slowing in West Central Palm Beach County!! - News

President Obama visits the top 1% in Palm Beach County - News

President Obama visited Palm Beach County Florida this past week and stayed overnight in the town of Manalapan.  Due to the recent press from the President’s visit we decided to look into the home price trends for the town of Manalapan.  Manalapan is a wealthy small coastal town in Eastern Palm Beach County nestled between Lantana and Boynton Beach.   In fact, as of the President’s stay if you wanted to look at a home in Manalapan, the average listing of available property is $10,727,623!  Okay, so you’re not in the market for the average property and would like to trade down and purchase something small.   You’re in luck; the lowest available home in Manalapan is only $1,825,000!  Yes, you need to be a big time player to reside in the town of Manalapan.  The top of the market is very pricey and represents homes priced from $25,000,000 to $29,500,000.

Read More:  President Obama visits the top 1% in Palm Beach County - News

Greenacres Community Holds Steady - News

This market report is for a residential cluster in the city of Greenacres, Florida in Palm Beach County.  The zip code for this area is 33463 with the neighborhood boundaries defined as Lake Worth Rd to the South, Haverhill Rd to the East, 10^th Ave N to the North, Fleming Ave to the West.  This residential cluster is made up of predominately SFR built in the 1960’s to 70’s with some recent spec homes built in the early to mid 2000’s.

Get the property values in this area now: Greenacres Community Holds Steady - News

Nautica Isles Sales Volume Strong - News

Nautica Isles is a Master Planned Community in Greenacres Florida.  The project was originally developed by GL Homes with construction breaking ground in 2000 with delivery of homes originally taking place in 2001 and 2002.  The community is made up of Nautica Isles and Nautica Isles West.  The two communities feature the same models and floorplans with similar community amenities.

Read More: Nautica Isles Sales Volume Strong - News

The Slade Condominium Project Rebounds - News

The Slade Condominium located at 1551 N Flager Dr in West Palm Beach.  This condominium project was built in 2005 and quickly became an attractive project for the young successful Palm Beach resident.  The project is in close proximity to the downtown West Palm Beach area which consists of Clematis Street and City Place.  The project is across from the Palm Beach Island and offers incredible panoramic views of the Intracoastal, Palm Beach Island and the Atlantic Ocean for many of the units.

Read More including prices: The Slade Condominium Project Rebounds - News

5084 Saturn Ring Ct - Palm Beach MLS Sales Sheets

5084 Saturn Ring Ct

5084 Saturn Ring Ct
Green Acres  33463
Closed: 06/07/2012
Sale Price: $230,000
DOM: 71

Exterior Inspection can be ordered and interior photographs can be ordered.


5084 Saturn Ring Ct - Palm Beach MLS Sales Sheets

Palm Beach, Broward & Miami Million Dollar Home Sales Strong! - News

The nationwide press reports have been consistently positive for the real estate market, but if you speak to the average homeowner in South Florida they are still bearish on housing.  Our internal figures derived from the local South Florida MLS shows stable to slightly increasing in most market throughout the South Florida Market area.  We decided to run market stats on Million Dollar homes in the Tri County Area which consists of Palm Beach, Broward and Miami Dade Counties. 

Read More:Palm Beach, Broward & Miami Million Dollar Home Sales Strong! - News

Coral Springs Home Sales Improving! - News

The city of Coral Springs has seen a strong improvement over the past 24 months showing stable price trends with an increase in sales volume and declining inventory.  The average single family residential property in Coral Springs over the past 18 months has hovered between $265,000 to $275,000.  The sales  volume has increased in 6 month intervals over the past 18 months.  12 to 18 months ago the 6 month period saw 400 units move, 12-6 months ago saw 600 + units settle while in the past 6 months there has been close to 500 units settle.  The home sales data for the Coral Springs Single Family Residential Market is viewed as generally positive; however the sales prices have dropped about 4% in the past 6 months.  This may be a sign of weakness exiting the summer season and should be closely monitored to ensure that this is not the beginning of a changing trend.

http://fastfloridaappraisals.com/index.php?&pageid=7&postid=166

Coral Springs Home Sales Improving! - News

Local Palm Beach Property Data CONSISTENT with nationwide press reports! - News

Local Palm Beach Property Data CONSISTENT with nationwide press reports!

by Michael Bode
With all of the reports hitting the press of a rebounding housing market in Palm Beach County I decided to do a quick year over year analysis using the local MLS for the Palm Beach County Single Family Residential Market.

Read Full Story: Local Palm Beach Property Data CONSISTENT with nationwide press reports! - News

Bank offers 6-figure loan discounts for South Florida Homeowners - News

Eligible Florida homeowners will begin getting notices this week about a Bank of America push to reduce their loan balances, and the discounts have been doozies.

The average nationwide price cut for an initial group of 5,000 approved homeowners was about $145,000 per borrower.

The plan, part of a $25 billion settlement among lenders and state attorneys general, is targeting 200,000 underwater homeowners nationwide, with the highest concentrations in California and Florida.
While Bank of America officials caution that not every homeowner should expect a loan reduction of $145,000, they predict an average savings of 30 percent on monthly mortgage payments.

Read More: Bank offers 6-figure loan discounts for South Florida Homeowners - News

Florida Residential Real Estate Market: News Stories Forecast Hope of a 2012 Turnaround - News

Reports are suggesting that the Florida residential real estate market has hit bottom and is beginning to bounce back, which is good news for all Floridians - and once it's clear that Florida homes are steadily selling again with Florida home loans being made to Florida home and condo buyers, then it will be great news.
Right now, here are several news reports pointing to a turnaround in the Florida residential real estate market:

Read More Here: Florida Residential Real Estate Market: News Stories Forecast Hope of a 2012 Turnaround - News

South Florida Home Sellers Staying After Deals Close - News

Home Sellers Staying After Deals Close

May 1, 2012 Paul Owers

Another sign of the shift in South Florida's housing market: Some sellers are insisting that buyers allow them to stay in their homes after the deals close. A few need more time to find another place because the sales happened so fast, while others want to remain through the school year. Whatever the reason, small but growing numbers of sellers are striking these deals because the improved market means buyers don't have as many alternatives, real estate agents say.  Read more on http://FastFloridaAppraisals.com

South Florida Home Sellers Staying After Deals Close - News

South Florida income growth to outpace rest of Florida - News

Read more on http://fastfloridaappraisals.com/index.php?pageid=7&postid=154

South Florida is expected to outpace the state in personal income growth with the help of surging tourism and international trade, according to a new economic report released Friday by the University of Central Florida.
Personal income in Miami-Dade, Broward and Palm Beach counties is projected to grow 4.2 percent in 2012 — more than the state's estimated 3.9 percent increase, said Sean Snaith, author of the quarterly report that is published by UCF's Institute for Economic Competitiveness.

South Florida's strong rate of personal income growth is expected to help the state outperform the national average for first time since 2006, the institute predicted. Even better years are ahead for South Florida and the rest of the state, Snaith predicted.

"Although the recovery has been moving at the speed of a tortoise, rather than that of a hare, we all know who wins the race in the end," Snaith quipped in his report.


South Florida income growth to outpace rest of Florida - News

High-profile Boynton condo in foreclosure suit - News

High-profile Boynton condo in foreclosure suit

BOYNTON BEACH — The high-profile Promenade condominium in downtown Boynton Beach was sued for foreclosure Friday in Palm Beach County Circuit Court, according to a statement by the developer.
Boynton Waterways Investment Associates, the Promenade's developer, said the "friendly" foreclosure was on the unsold units in the downtown condominium, a twin-tower, 14-story project. Only about a quarter of the condo's 318 units have been sold since sales began in May 2010. Units start at about $160,000. The property is on Federal Highway and Boynton Beach Boulevard.
The statement did not identify the entity filing the foreclosure, but according to Gary Nagle, an attorney representing buyers suing the Promenade, the plaintiff is Wells Fargo Bank, which was disclosed during a court hearing this week.

Read More on http://www.FastFloridaAppraisals.com 

High-profile Boynton condo in foreclosure suit - News

Florida homeowners to get mortgage paid for year under new Hardest Hit Fund rules - News

About 350 Palm Beach County homeowners have received Hardest Hit money.

Read how to get a part of the fund!


Florida homeowners to get mortgage paid for year under new Hardest Hit Fund rules - News

Owner buys one North End home, sells another within two days - News

There are more signs of market strength in the South Florida Real Estate Market.  Read below on how one owner sold one home within two days!

Owner buys one North End home, sells another within two days - News

Lake Worth Lagoon Needs Dredging (Lake Worth, Florida) - News

Lake Worth Lagoon Needs Dredging (Lake Worth, Florida) - News

Read more on the Dredging on Lake Worth on FastFloridaAppraisals.com

There are three little words South Floridians have longed to hear since the housing slide began: "We've hit bottom."
Analysts at the online real estate database Zillow are declaring just that for Palm Beach, Broward and Miami-Dade counties in a report to be released today that shows tri-county home prices bottomed out in the latter part of 2011.

Read More Now on FastFloridaAppraisals.com