Martha Chamberlain

" Giving someone what you yourself are longing for brings unexpected rewards,among them a powerful

feeling of connection with others." Jill Neimark & Stephen Post.......

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WEEK OF APRIL 12, 2009 THROUGH APRIL 18,2009

Total of Weston Pending Sales- Twenty-four

Total of Weston Closed Sales- Sixteen

ADRESS OF CLOSED SALES LIST PRICES SOLD PRICES

1. 469 Cameron Dr. $339,000.00 $310,000.00
2. 1124 Chinaberry Dr $300,000.00 $280,000.00
3. 1612 Newport Lane $405,000.00 $361,000.00
4. 2057 Montpeliar $290,000.00 $260,000.00
5. 3867 Crestwood Cr. $489,000.00 $427,500.00
6. 4112 Sapphire St. $289,900.00 $289,900.00
7. 3156 Inverness $825,000.00 $742,500.00
8. 301 Bonaventure Bl. $ 71,000.00 $ 73,000.00
9. 2515 Monterey Ct. $629,000.00 $600,000.00
10. 2210 Quail Roost Dr. $495,000.00 $450,000.00
11. 1384 Veracruz Ln. $165,000.00 $156,000.00
12. 1260 Seabay Rd. $235,900.00 $250,000.00
13. 1504 Springside Dr. $189,900.00 $165,000.00
14. 4145 Briar Lane $220,000.00 $206,000.00
15. 1396 Sabal Terr. $240,000.00 $210,000.00
16. 4336 Dogwood Cr. $259,952.00 $249,000.00

Go to my blog- http://activerain.com/blogsview/1038512/Weston-Florida-and-Broward-County-Facts-and-Trends and you will see what is happening in our Weston Community.

Martha has lived in Weston since 1989 and raised her five children in the Weston Community. For more information about this great city contact her at chamberlain.m@ewm.com

" Information as per MLS warranted but not guaranteed."

When listening to the media about our real estate market we don't know which direction to turn.

When pulling up the Facts and Trends for the Broward area going back to Jan. 2008 till March 2009. We can see a brighter picture then what the media is painting. Yes, we do still have a lot of issues to work out but we are seeing things going in a positive direction.

	1 year	15 months
	Mar 08	Mar 09	% Change	Jan 08	Mar 09	% Change
For Sale	14396	10595	-26.4%	14208	10595	-25.4%
Sold	520	771	48.3%	363	771	112.4%
Pended	685	1429	108.6%	519	1429	175.3%

BROWARD COUNTY FACTS AND TRENDS GRAPH:

When you talk about the market in regards to what "Kind" of market we are in you generally use a months supply to get the answer. In Jan., Feb., March, of 2008 the solds average was 433. Take the number of homes for sale in March 2008 and divide the average 433 and you come up with a 33 month supply.

When the market is at a good supply most analysts woulds say six to twelve month supply is a strong market. So back in the beginning of 2008 we were not in a good market. Moving time to the past three months of 2009 Jan., Feb., March's average of solds were 665. Taking the number of homes for sale in March of 2009 and divide the average with 665 you get a 15 month supply.

The numbers on the charts speak for them selves and show a much different picture then we see with the media. We are seeing a twenty six percent difference from March 2008 to March 2009 with regards to the supply.

WESTON'S FACTS AND TRENDS GRAPH:

	Mar 08	Mar 09	% Change	Jan 08	Mar 09	% Change
For Sale	815	464	-43.1%	717	464	-35.3%
Sold	50	42	-16%	26	42	61.5%
Pended	46	86	87%	35	86	145.7%

We can see from the graph, the number's for the Weston area are even better. Back in Jan. of 2008 we had a twenty three month supply. Fast forward to Jan. 2009 to now we are seeing a thirteen month supply. That brings us to a forty three percent decrease in supply. March 2009 according to the graph is at it's all time low of 464 homes for sale.

With all the information coming from the "Facts and Trends" it is looking like Weston is leading us out of the recession.

"Information as per MLS warranted but not guaranteed"

To get more information or questions regarding the "Facts and Trends" I can be reached by chamberlain.m@ewm.com or 954-294-9954.

1. " A man can succeed at almost anything for which he has unlimited enthusiasm."

Charles M. Schwab

WEEK OF APRIL 5,2009 THROUGH APRIL 11, 2009

Total of Weston Pending Sales - Twenty Two

Total of Weston Closed Sales - Fifteen

ADDRESS OF CLOSED SALES LIST PRICE SOLD PRICE

1. 872 Savannah Falls Dr. $ 289,900.00 $ 280,000.00
2. 1356 Garden Drive $ 187,500.00 $ 180,000.00
3. 2786 Kinsington Cir. $ 342,000.00 $ 265,000.00
4. 286 Racquet Club Rd. $ 92,900.00 $ 95,000.00
5. 770 Heritage Drive $ 449,900.00 $ 430,000.00
6. 301 Bonaventure Bl. $ 85,900.00 $ 91,000.00
7. 2518 Cordoba Bnd $ 249,900.00 $ 240,000.00
8. 2155 Hacienda Ter. $ 150,000.00 $ 150,000.00
9. 19 Fleming Court $ 123,900.00 $ 117,705.00
10. 822 Verona Lake Dr. $ 399,900.00 $ 401,000.00
11. 2373 Pasadena Way $ 177,300.00 $ 165,000.00
12. 4174 Staghorn Lane $ 385,000.00 $ 310,000.00
13. 2535 Sanctuary Dr. $ 1,699,000.00 $ 1,462,500.00
14. 4118 Sabal Ridge Cr. $359,000.00 $340,000.00
15. 4078 Cascade Ter. $409,900.00 $ 409,900.00

Mortgage rates for today are:

30 Year Fixed Rate up to 90% LTV 0 Points - 5.375% (5.415%APR)
15 Year Fixed Rate up to 90% LTV 0 Points - 4.875% (4.915%APR)
5 Year ARM up to 70% LTV 0 Points - 5.750% (5.79%APR)
5 Year Jumbo ARM up to 70% LTV 0 Points - 5.750% (5.78%APR)

The Median price sold in Weston from "Facts and Trends Report" March 2009 is $388,000.00.

The Median price sold in Weston from "Facts and Trends Report" January 2009 was $356,000.00.

" Information as per MLS warranted but not guaranteed."

Martha Chamberlain has lived in the Weston area since 1989. For more information she can be reached

at 954-294-9954.

" THE EARLY BIRD ALWAYS GETS THE WORM"

Unknown

The Ridges Community in Weston, Florida has been showing some changes since I wrote about this community in my blog posted March 3,2009 http://activerain.com/blogsview/951264/Ridges-of-WestonFL-on-the-MOST-WANTED-list

Just to update what's going on in the Ridge Community, the stats have change significantly from the beginning of March 2009.

Active listings as of April 8,2009 - Twenty Three

Pending Sales as of April 8,2009 - Thirteen

With Closed Sales there was one on March 31,2009 Listed for $499,000.00 Sold for $480,000.00. This was not a short sale or foreclosure.

We are seeing an increase of Pending Sales in the Weston area the last few months. Weston's Active Sales are down to five hundred and thirty one as of today. Buyers are taking advantage of the whole picture which is very low interest rates and properties that most buyers couldn't afford a few years ago.

My crystal ball is in the shop right now so I can't tell if we are at the bottom or not. You listen to the media and we are definitely not, but I care to look at the numbers and I see an increase of activity in the Weston area with Pending Sales and Closings increasing and Actives decreasing.

Is it a good time to buy? Yes, to that question that I get asked daily. Have you not noticed what the interest rates are and the prices of our homes are at. Ariel,E.W.M.'s mortgage consultant showed us the numbers from back to the depression and what an interesting find. If you would like more information on those numbers just let me know and I will provide them to you.

So is the Early Bird getting the worm? When I get my crystal ball back from the shop I'll let you know.

Wishing everyone a Happy Easter and Passover.

"If you have much, give of your wealth. If you have little, give of your heart."

Arab proverb....

WEEK OF MARCH 29,2009 THROUGH APRIL 4,2009

TOTAL OF WESTON PENDING SALES: TWENTY-SIX

TOTAL OF WESTON CLOSED SALES: FIFTEEN

ADDRESS OF CLOSED SALE LIST PRICE SOLD PRICE

1. 394 Fern Drive $ 149,000.00 $ 155,000.00
2. 16006 Fairway Circle $ 134,900.00 $ 130,000.00
3. 1357 Sago Lane $ 257,000.00 $ 255,000.00
4. 16765 SW 5th Way $ 229,900.00 $ 221,000.00
5. 438 Fishtail Terr. $ 339,900.00 $ 337,000.00
6. 19229 S. Hibiscus St. $ 522,500.00 $ 499,750.00
7. 3944 Hawks Court $ 499,900.00 $ 480,000.00
8. 3882 Tree Top Drive $ 239,900.00 $ 240,000.00
9. 3923 Tree Top Drive $ 220,000.00 $ 220,000.00
10. 48 Whitehead Circle $ 109,900.00 $ 99,000.00
11. 1641 Salerno Circle $ 229,800.00 $ 225,000.00
12. 2158 Baton Rouge $ 289,900.00 $ 272,000.00
13. 2517 Montclaire Cr. $ 999,000.00 $ 880,000.00
14. 2561 Bay Pointe Dr. $ 515,000.00 $ 497,500.00
15. 1621 Harbour Side Dr. $ 325,000.00 $ 280,000.00