Hollywood, FL

December typically brings a slowdown in the real estate market, and South Florida is no different.

Here's what happened in Hollywood Lakes in December 2009:

-- 9 homes sold, 12 went under contract, 75 were available for purchase

WHAT SOLD?

Of those homes that sold, the highest priced was a 4 bedroom, 3 bath, 2 half-bath house at 1128 N. Northlake Drive. It is on the water and offers 3,933 square feet. It was partly renovated, but still needed some repairs. After 185 days on the market, it sold for $1.4 million.

1128 N. Northlake Drive, sold for $1.4 million 1216 Johnson Street, sold for $205,000

The lowest priced home sold for $205,000, after bring listed for a whopping 477 days. It was a short sale approved at $200,000. It was a 3 bedroom, 3 bath home with 1742 square feet. It needed some updating, and was located at 1216 Johnson Street.

In between the highest and lowest priced homes were 7 others from a 3 bedroom, 3 bath remodeled home that sold for $300,000, to another waterfront home with a deep water dock that went for $749,000.

The home that sold the quickest was a foreclosure located at 931 Washington Street, which was on the market for 28 days before being sold at $351,000. It had been listed at $389,000.

WHAT WENT UNDER CONTRACT?

Twelve properties went under contract. I had looked at 1230 Hollywood for a client, and felt it was an excellent deal, at $209,900 and a moderate amount of repairs needed. I presented this to a client and urged them to get back to me ASAP. It took them a little while to respond, and so they lost the opportunity. This one was on the market for a mere 8 days...

WHAT'S AVAILABLE?

75 homes. On the upper end we have a 9 bedroom, 9 bath waterfront mansion with over 13,000 square feet including a wine cellar, and space enough for a yacht up to 180 feet, priced at $7 million. It's a short sale, and it's been on the market for 531 days.

900 N.Southlake Drive, asking $7 million ->

On the low end is 1242 Johnson Street, a short sale listed at $160,000. It has 3 bedrooms, 2 baths, and needs minor repairs as well as appliances in the kitchen. This one is a HOT deal, so if you want to check it out, let me know asap.

If I can help you with anything at all related to Real Estate in Hollywood, Florida, please feel free to contact me with no obligation. I'm always happy to help!

Diane Loveridge - Majestic Properties - (786) 210-3449 - dloveridge@majesticproperties.com

3 bedroom 2 Bath Hollywood Duplex, lg master, central a/c. Just painted Exterior, New counter, new water heater, Rear unit with in law suite or studio with separate entrance or Huge master. To directly access this property, use this shortcut: http://www.fizber.com/florida-buy-duplex-triplex-multi-family-home-11648846.html

Practically rent ready. Living room and dining room, 1200 sq ft., 1 floor, 2 uncovered parking, central heat / air; hardwood and tile flooring, large backyard. Minor repairs needed, fresh paint on the inside Large backyard, conveniently located near 110 and major streets. This won't last long. To directly access this property, use this shortcut: http://www.fizber.com/florida-buy-single-family-home-12822461.html

It is not the experience of today that drives us mad; it is remorse or bitterness for something which happened yesterday and the dread of what tomorrow may bring". Unknown Author

Continued From Part Deux - Buyers and Sellers Have Feelings Too

We all know someone that somehow seems to be unhappy with whatever they do or how they do it or actually never happy with us no matter how much we try to please them to make them happy. It could be our mom or dad, spouse, child, teacher, or boss...a home buyer or a home seller.

I once had a prospective buyer who was not happy with my services no matter how many 'extra miles' I went for them or how much time I spent with them looking for properties for them online. This included going to the premises and taking more images, acquiring floor plans...can you believe it? Not that I actually did it but, why did I even think of allowing this predicament? I was saying yes to my buyer because I felt desperate to ‘sell'. Give me anything, (single-family homes, residential income, commercial properties, bulk REO's) I'll do it!! Having experience with diversified real estate channels can be a blessing or can it be a curse?

The ethical and professional standards for a Realtor are to constantly seek self-improvement on an educational, social, and professional level to better serve their customers.

The National Association of Realtors (NAR), the worlds largest professional real estate organization encourages Realtor's to seek additional real estate educational classes and seminars to continuously further their education, and "...promote professionalism and improve ethical standards helping to mark the true professional". The NAR also discourages Realtors from dealing with specializations that they are not adept to.

Eradicating the thought that ‘one bad apple does not spoil the whole tree' arises a public morality that categorically defines the failure or success of a real estate professional. Ingenuity however refines an establishment that basically enforces action to act upon our character; otherwise it may become difficult to build our reputation on genuine professional standards including the way we handle our business.

Like a Beautiful Diamond, Character is Formed by Pressure and Polished by Friction

Building Character = Self-Respect.

It may have been written time and time again how the media justifies the real estate industry as a 'remarkable phenomenon' (unlike anything else) that evolves a destructive industrialist pattern in how we deal with buyers and sellers. In the past and until present, some real estate professionals were and are still offering castles in the sky to home buyers on home buying when in actuality most of the buyers from the 2005-2006 real estate/mortgage/financing saga erupted false loan applications. These were buyers where they were not supposed to be given a pen to sign with in the first place...

To Be Continued...Part Quattro - Once Driven, Forever Real Estate...

Hollywood FL condos for sale-Canadians are coming to Hollywood Beach FL 

  Hollywood Beach FL

Hollywood FL condos near the beach

September is the start of when our snowbirds and tourists start returning to our sunshine state. Snow fall will be forthcoming and this is the time for them to start their holiday vacations and what better than to spend it in our very warm and comfortable climate. The weather in Hollywood Beach FL has been overcast and in the 90's but in the fall it's usually comfortable and virutally less in humidity.

With such an inflated amount of condos for sale in Hollywood FL....."it is an excellent time buy a home." Prices have come down quite a bit over the last 3 years and inventory levels have reached all time highs. But there was one thing we discovered.

Inventory over the last few years has been properties that are on the verge of foreclosure ..while many others have gone the route of trying to have a Realtor® negotiate a short sale. Banks are trying to give the sellers the option of negotiating a short sale to save both parties thousands of dollars and save the owners from going into foreclosure. The biggest issue with these types of transactions is the waiting time. Most will take anywhere from 3-12 months. But don't fret...there are still some properties available that can be had without all those hassles...you just have to search for them....and finding a good agent to send you properties is the key and the Bloom and Kohn Team of Keller Williams Properties can help you with that. All you have to do is send us an email request with the property criteria search you are looking for.

As of today...the Canadian dollar exchange rate have been holding right below $1.00. That is still good news for our past,present and future clients. In general .."it is a great time to buy a home in Hollywood Beach FL." Currently..there are over 15,000 condos/townhomes on the market throughout Broward County...... about 1,400 of them are Condos/Town-homes in Hollywood FL.

Take a strol on the fully renovated board walk...stop by a restuarant or just grab a pizza.

Come visit the beach of Hollywood FL today.

You will be glad you looked at all the opportunities available.                           

If you are interested in moving to our area......then we strongly urge you to visit Hollywood FL-you can also preview condos for sale >>>here.

For more information please contact Neal The Real Deal Bloom-Realtor® /Keller Williams Properties

1625 N. Commerce Parkway,Suite 105

Weston FL 33326

(954)608-5556

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