The real estate market has shown signs of life in the past year as sales have picked up, and inventory has dropped nationally. As a real estate agent, I know that many Realtors would be out of the business if this tax credit was not implemented for 2009.
I must speak the truth as a local expert real estate agent. I think that the $8,000 tax credit is great for first time home buyers. But, what is going to happen when eventually Uncle Sam stops writing checks? Did you know that according to the National Association of Realtors that 45% of all buyers this year were first time-homebuyers?
As I ponder the thought of this statistic, I remember the same National Association of Realtors announcing that at the height of the real estate market that approximately 40% of all home purchases were investment properties or secondary homes. Are we leading down the same path? Have we not yet learned from our mistakes?
Are first time home buyers ONLY purchasing properties before the November 30th deadline, so the government can put some much needed cash in their pockets? In luxury real estate markets, like Parkland, first time home buyers are not a strong driving force for an increase in sales. Many Parkland sellers are not seeing the dramatic increase in sales like neighboring communities.
So, the moral of the story is that Parkland is not out of the wood work just yet. Sellers should expect that prices will continue to decline and stabilize into 2010. Inventory has dropped, but is that because more sales are occurring or because potential home sellers are seeing the real estate reality and just taking their homes off the market? Also, there are over 70 pending single family short sales in Parkland. What percentage of these pending Parkland short sales will actually close or go back on the market, or worse become foreclosures?
These questions should be addressed in our local and national media, but of course only the popular news is getting attention. Instead of learning from the past, the media is continuing to highlight whatever it thinks is newsworthy for today and not looking at the bigger picture. Unfortunately, once again, misinformed buyers and sellers are not reading between the lines!
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If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.
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Country charmer! Pine Tree Estates, Huge Southern style home with 6 large bed rooms, a open country kitchen with over 4,300 sq ft under roof. Granite counter tops, double wall oven, oversize snack bar that seats 6. Large front porch.1 stall barn for your horse. Over 1 acre of land at the end of a cul-de-sac. A MUST SEE! Call 954-609-0591.
Lowest Price 4/3 Pine Tree Estates Parkland Pool Home
4BR/2.5BA Single Family House
offered at $499,933
Year Built
1989
Sq Footage
2,515
Bedrooms
4
Bathrooms
2 full, 1 partial
Floors
1
Parking
2 Car garage
Lot Size
47,044 sqft
HOA/Maint
$0 per month
DESCRIPTION
IMPECCABLE ESTATE HOME W/ UPDATED KITCHEN, S/S APPLIANCES & GRANITE COUNTERS. REMODELED MASTER BATH W/ CUSTOM VANITIES. ENJOY PEACEFUL AFTERNOONS ON YOUR POOL DECK IN THIS PRIVATE WOODLAND LOT WITH PLENTY OF TREES TO GIVE YOU THE SENSE OF LIVING ON A NATURE PRESERVE. BEAUTIFUL POOL FOR THE FAMILY TO ENJOY & SEPARATE HOT TUB. HOME OFFERS AN OPEN FLOOR PLAN, & HAS BEEN METICULOUSLY MAINTAINED. SHOWS TRUE PRIDE OF OWNERSHIP. RECENT HOME INSPECTION REPORT AVAILABLE. ENJOY THE COUNTRY IN THE CITY OF PARKLAND! CALL 954-609-0591 FOR MORE INFORMATION ON THIS GREAT PARKLAND ESTATE HOME.
Stunning Northern Style Pine Tree Estates Parkland Home
5BR/4BA Single Family House
offered at $1,050,000
Year Built
2001
Sq Footage
5,200
Bedrooms
5
Bathrooms
4 full, 0 partial
Floors
2
Parking
3 Car garage
Lot Size
Unspecified
HOA/Maint
$0 per month
DESCRIPTION
REDUCED $300,000!! SOUGHT AFTER NORTH PINE TREE ESTATES AT THE END OF THE CUL-DE-SAC!! BEAUTIFUL NORTHERN STYLE & GRACE, W/LARGE FRONT & REAR PORCHES. FEATURING GLEAMING HARDWOOD FLRS, FRENCH DRS, & FIREPLACE. GOURMET KIT. HAS WARM WOOD CAB & GRANITE COUNTERS, LUXURY MASTER SUITE/BATH. 5 BRS + OVERSIZED GAMEROOM. LOVELY HTD. POOL & MAGNIFICENT LANDSCAPED ACRE. ADJACENT ACRE ALSO AVAILABLE, PERFECT FOR FAMILY COMPOUND,HORSES, ALREADY CLEARED, SODDED & IRRIGATED. CALL 954-609-0591 FOR MORE INFORMATION ON THIS STUNNING PARKLAND ESTATE HOME, MUST SEE TODAY, WILL GO QUICKLY!
Pine Tree Estates Parkland 7 Bed Dream Home, Call 954-609-0591
7BR/5.5BA Single Family House
offered at $1,199,000
Year Built
1999
Sq Footage
5,463
Bedrooms
7
Bathrooms
5 full, 1 partial
Floors
1
Parking
3 Car garage
Lot Size
47,480 sqft
HOA/Maint
$0 per month
DESCRIPTION
PRIVATE 1.09 ACRE ESTATE FULLY FENCED WITH ELECTRIC GATE; 5 BEDROOMS PLUS DEN & GUEST HOUSE; ENORMOUS COVERED PATIO W/ GAS GRILL; REMODELED MASTER BEDROOM WITH WOOD FLOORS, FRENCH DOORS, CROWN MOLDINGS; WOOD FLOORS IN BEDROOMS 2,3 & 4; OPEN FLOOR PLAN, GREAT FOR ENTERTAINING; OVERSIZED HEATED POOL & PAVER PATIO; SIDE ENTRY 3 CAR GARAGE; GUEST SUITE CONNECTED BY COVERED PATIO AND SO MUCH MORE! MUST SEE! CALL 954-609-0591 FOR MORE DETAILS.
Parkland Grand Cypress Estates 4/3 Pool Home, Must See Today, Call
954-609-0591
4BR/3BA Single Family House
offered at $849,000
Year Built
2002
Sq Footage
4,066
Bedrooms
4
Bathrooms
3 full, 0 partial
Floors
1
Parking
3 Car garage
Lot Size
24,821 sqft
HOA/Maint
$225 per month
DESCRIPTION
CUSTOM SAN RAPHAEL FEATURES EXQUISITE DETAIL AND OVER $250,000 IN UPGRADES INCLUDING CROWN MOLDINGS, TRAY/COFFERED CEILINGS, ALL-WOOD INTERIOR DOORS THROUGHOUT, GRANITE/STAINLESS KITCHEN, FABULOUS WET BAR, MEDIA ROOM, LIBRARY/OFFICE. ADDITIONALLY, THE HOME HAS A PRIVATE DRIVE FOR 3-CAR SIDE GARAGE ENTRANCE PLUS A SEPARATE CIRCULAR DRIVE AS WELL. THE BACKYARD IS SIMPLY STUNNING, METICULOUSLY MAINTAINED FOLIAGE AND 20X40 HEATED POOL/SPA. SURROUND SOUND THROUGHOUT COMPLETES THE OFFERING. CALL 954-609-0591 FOR MORE INFORMATION ON THIS GREAT PARKLAND GRAND CYPRESS ESTATES HOME, HURRY!
LOWEST PRICED PROPERTY IN EXCLUSIVE PARKLAND'S TALL PINES!! TROPICAL 1/2 ACRE ESTATE IN PRIVATE SETTING! 42" UPPER WOOD KITCHEN CABINETS & CENTER ISLAND WITH ALMOST NEW WINE/BEVERAGE COOLER. STAINLESS DISHWASHER, MICROWAVE & OVEN! BUILT-IN DESK & SPACIOUS BREAKFAST ROOM OVERLOOKING THE POOL & TROPICAL BACK YARD! VOLUME & TEXTURED CEILINGS! WOOD FLOORS IN 4 BEDROOMS! TRIPLE BEDROOM SPLIT PLAN! HUGE FENCED YARD WITH LOTS OF PRIVACY! SPACIOUS COVERED PATIO W/ BUILT-IN GAS GRILL & REFRIGERATOR!GENERATOR & HOOK-UP! 2 YR NEW FRONT LOAD WASHER/DRYER! MINT CONDITION! Call 954-609-0591 For More Information Today!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.