amanda wilson: June 2013 Real Estate Market Update - 06/14/13 02:35 AM
 
June 2013 Real Estate Market Update  
According to a new report from CondoVultures.com, the downtown Fort Lauderdale and Beach condo market could soon be faced with a shortage of units and increasing prices.  Despite a 29% increase in the average resale price of a unit in the first quarter of 2013, the downtown condo market now has less than 6 months of unit inventory available for resale.
The prospect of continued rising prices is possible given the current climate of strengthening rental rates, dwindling inventory and the number of newly-proposed condo towers.  Of the newly proposed South Florida condos, … (0 comments)

amanda wilson: Broward County Real Estate Market Update - 07/16/12 04:33 AM
Amanda Wilson, PA--Real Estate Advisor
EWM Realtors--An Affiliate of Berkshire Hathaway 1700 E. Las Olas Blvd., Fort Lauderdale, FL  33301 Mobile:  954.790.0377  Email:  Wilson.A@EWM.com www.amandajwilson.com    Join my Facebook page:  www.Facebook.com/AWRealtor   "Charting Your Course"   … (3 comments)

amanda wilson: South Florida Market Update--Flashes of Good News! - 06/15/12 05:50 AM
 
Home equity in the first quarter rose to $6.7 trillion, the highest level since 2008, as homeowners taking advantage of record-low borrowing costs to refinance their loans brought cash to the table to pay down principal. The 7.3 percent gain was the biggest jump in more than 60 years, according to an analysis by Bloomberg of Federal Reserve data.  
As of April 2012, 1.5 million homes are in shadow inventory, which is a 14.8 percent decrease from last year in April when the number of homes hiding in the shadows was 1.8 million, CoreLogic reported Thursday. The current level … (1 comments)

amanda wilson: Market Update for Broward County--THE NUMBERS - 05/14/12 03:29 AM
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amanda wilson: The WaterGarden Condo in Fort Lauderdale, FL, with Market Update - 02/23/12 03:41 AM
The WaterGarden is a majestic 32 story luxury condo tower with one of the best addresses in Fort Lauderdale.  Just off Las Olas Boulevard, with its well-known upscale dining, boutiques, shoppes and entertainment and on the riverfront, the downtown location of the WaterGarden is prime.  Built in 2004 with 315 private residences, the WaterGarden boasts of first-class amenities.
 
Amenities include:
Distinctive entrance with unique sculpture and fountains. Elegantly appointed and furnished two-story entry lobby and front desk. Regal clubroom with piano bar with library. Media Room with large viewing screen & chairs. Business Center with Boardroom. Sports lounge with billiards … (0 comments)

amanda wilson: The Residences at il Lugano in Fort Lauderdale, FL - 02/22/12 06:17 AM
The Residences at il Lugano in Fort Lauderdale offers resort hotel lifestyle within the comfort of your own home.  The condo units are nothing short of magnificent and offer spacious floor plans enhanced by designer touches and European accents.
 
There are only 23 exclusive il Lugano units offered  in a luxurious 3 bedroom residence enjoying all the amenities of living on top of a world-class resort, and the complete privacy of "resident only" elevators and garage parking.   
 
Features include:
 
3 Bedroom Residences from 2,500 to over 7,500 sq ft. Ocean and Intracoastal views Dramatic High Ceilings … (0 comments)

amanda wilson: Harbor Beach in Fort Lauderdale, FLorida - 02/18/12 01:24 AM
Harbor Beach is an urban waterfront community located in Fort Lauderdale, FL.  This coastal neighborhood offers luxury waterfront homes with private deep-water dockage as well as dry lot homes. The community consists of several neighborhoods, Harbor Beach, Harbor Beach Isles, and Harbor Inlet.
Exclusive Harbor Beach offers two guard house entries, security patrol and marina memberships and a private beach club, called the Harbor Beach Surf Club, which boasts 300 feet of private beach.   This private, mostly waterfront community in Fort Lauderdale has approximately 400 homes.  The homes reflect Mediterranean-style architecture and modern masterpieces that have roots based in mid-century design.
In this gated neighborhood, homes have private dockage … (0 comments)

amanda wilson: NOT IN MAIMI! - 02/15/12 07:48 AM
 
NOT IN MIAMI
(Includes Broward, Miami-Dade and Palm Beach Counties)
 
Realtors at EWM in South Florida had the pleasure of attending a Breakthough 2012 session with Steve Harney.  Steve is a nationally acclaimed speaker, trainer and coach, who was recognized in 2010 as one of the 100 most influential leaders in real estate (Inman News). 
 
Steve’s mantra was “NOT IN MAIMI” (which area includes Broward, Miami-Dade and Palm Beach countries). Will prices go down in many parts of the country?  The answer is yes, but NOT IN MAIMI.  With his many charts and graphs, Steve explained and … (0 comments)

amanda wilson: $165,100--The NUMBER TO WATCH IN BROWARD COUNTY - 11/18/11 04:20 AM
The median price home in Broward County has not dropped lower than $165,100 in any month in 2011.  Is this a sign....Have we hit bottom?  South Florida's inventory has declined and in some instances, price have more than stablized, prices have increased!  We won't know we've hit bottom, until we are on the way UP!
 
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amanda wilson: Fort Lauderdale Market Report - 10/08/11 07:35 AM
Please see recent "Fort Lauderdale" Facts and Trends Chart below--these graphs and numbers represent ALL properties on the market in Fort Lauderdale. 
NOTE:  Currently in Fort Lauderdale, there are 2510 properties on the market (1,107 single-family homes and 1,403 condos ) OR 6.6 months supply of inventory.  A 6-9 months supply of inventory of homes is considered 'normal.'  Bottom Line:  There's NOT a lot of inventory on the market. 
The interesting aspect of our real estate market is the properties $300,000 and UNDER--These properties comprise about 73% of all sales and 55% of all inventory.  On the market today:   Condos $300,000 and … (1 comments)

amanda wilson: Putting Your Home Back on the Market? Points to Consider.... - 09/27/11 07:57 AM
You may be considering placing your property back on the market. If and when you do, here are a few recommendations you may wish to consider:
 (1)   Make sure that you are hiring a true professional. Some real estate agents will tell you anything you want to hear to get your listing  and then,   stick a sign in the ground;
 (2)   ASK for a copy of the MLS listing and BE SURE to review and approve the MLS listing detail of your property BEFORE  it goes on the market   and before it becomes part of any website.  This information IS the … (1 comments)

amanda wilson: Real Update Recap for Broward County - 09/09/11 04:44 AM
Did You Know:
 
52% of sales are CASH Children from 150 countries compose the Broward School System creating diversity which attracts international buyers There are 80 Million Baby Boomers, of which, 4 Million will turn 60 years old for the next 15 years. (76 million American children were born between 1945 and 1964; Baby Boomers control over 80% of personal financial assets and more than 50% of discretionary spending power--They are responsible for more than half of all consumer spending) Florida is a Destination Spot—which makes it more desirable.  
Single-Family Homes:
 
Lowest Inventory of Homes:    March, 2005 = … (0 comments)

amanda wilson: Real Estate News for Broward County--Fort Lauderdale, FL - 08/28/11 04:28 AM
There is plenty of Good News—Irene wasn’t a HIT in South Florida!
 
As far as the real estate market goes, we have to find the good news—
Currently, in Fort Lauderdale, there are 959 Single-Family homes for sale; of which, 209 are Short Sales and 48 are Foreclosures.  There are 1,220 Condos for sale; of which 129 are Short Sales and 39 are Foreclosures.  In Fort Lauderdale, these numbers represent a 7.3 months supply of homes (up from a 5.9 months supply of homes in June, 2011).  In Broward County, there is a 6 months supply of inventory (up … (1 comments)

amanda wilson: What are the Most 3 Important Words in Real Estate Today? - 08/28/11 04:26 AM
At one time, it appeared the three most important words in real estate were:  LOCATION, LOCATION, LOCATION. 
While location is important and can come at a premium cost, it may not be as important as today's NEW three words.
And what are those words?
LONG-TERM OWNERSHIP!
 
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amanda wilson: Market Update for Fort Lauderdale, FL - 06/04/11 07:14 AM
As you can see by the Facts and Trends Report for Fort Lauderdale, FL--inventory is down to a 6.1 months supply of ALL homes and condos!  A normal market would have a 6-9 month supply!  This is great news and it is time to buy if you are in the market for a home!
Amanda Wilson, Realtor (954.790.0377)
Fort Lauderdale Real Estate (www.facebook.com/AWRealtor)
 
 
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amanda wilson: A GOLDEN OPPORTUNITY! - 04/28/11 11:03 AM
Is It Time to Diversify Your Investment Portfolio?    (The KCM Crew)
Studies now show that over 20% of the houses with mortgages in the country are underwater (where the loan amount exceeds the value of the property). Some bought their house at the top of the market and saw prices come tumbling down over the last few years. Losing this value has caused challenges for many in this category.
Other homeowners are underwater because they refinanced their homes at the height of the market and cashed out some of their equity. Some did this several times as values continued to rise … (0 comments)

amanda wilson: The Return of Real Estate-- - 04/26/11 06:53 AM
One thing I have noticed working in real estate-it's easy to be overly influenced by news reports that tend to sensationalize market conditions in their pursuit of a juicy story.  If all the noise you're hearing about housing has you totally confused, join the crowd.  Some say we're in a recovery, and some aren't sure! The recovery may be a long and winding road; however, actually knowing what is truly happening in the real estate market is what's important.
 There is one report that I'd like to bring to your attention:  "Fortune Magazine" (April Issue) article entitled, "The Return of Real … (2 comments)

amanda wilson: Market Update--The Landings 2011 Residential Sales - 04/26/11 06:49 AM
Market Update-The Landings 2011 Residential Sales
 Currently, per the Multiple Listing Service (MLS) data, there are 19 active single-family homes, 1 pending sale and 7 closed sales (January 1-April 25, 2011) in The Landings.
The 1 pending sale is as follows:
                                                                       List Price      Days on Market
            3017 NE 57th Street                            $   699,000                129                    (Short Sale)
 The 7 closed sales as of April 25, 2011, are as follows:
 
         Date Closed:             Address:                               List Price                Sold Price                DOM
            03/08/11          5410 Bayview Drive                    $  2,395,000       $   2,100,000                 155
            02/23/11          5570 NE 33rd Avenue             … (0 comments)

amanda wilson: Top 10 Most Visited Real Estate Web Sites: - 04/21/11 03:37 AM
Here are the top 10 most visited real estate web sites for March 2011:1. Realtor.com2. Yahoo! Real Estate 3. Zillow4. Trulia.com5. Rent.com6. Homes.com7. MSN Real Estate8. AOL Real Estate9. ZipRealty10. Apartment Guide
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amanda wilson: The Return of Real Estate - 04/21/11 03:32 AM
One thing I have noticed working in real estate-it's easy to be overly influenced by news reports that tend to sensationalize market conditions in their pursuit of a juicy story.  If all the noise you're hearing about housing has you totally confused, join the crowd.  Some say we're in a recovery, and some aren't sure!  
There is one report that I'd like to bring to your attention:  "Fortune Magazine" (April Issue) article entitled, "The Return of Real Estate" was very encouraging!!!    In part, It reads,   
"So let's state it simply and forcibly: Housing is back.  Two basic factors are … (0 comments)