Building Name: Hamptons West
Address:
20281 E Country Club Dr
Aventura FL 33180 map
| TW10 | 1,400 sq ft | 01-2012 | $375,000 | $268 |
| 815 | 1,800 sq ft | 01-2012 | $377,500 | $210 |
| 1115 | 1,800 sq ft | 12-2011 | $311,313 | $173 |
| 1805 | 1,400 sq ft | 11-2011 | $355,000 | $254 |
| 201 | 1,800 sq ft | 10-2011 | $259,900 | $144 |
Building Name: Acqualina
Address:
17875-17885 Collins Ave
Sunny Isles Beach FL 33160 map
| 1402 | 2,214 sq ft | 11-2011 | $1,980,000 | $894 |
| 4306 | 2,736 sq ft | 11-2011 | $2,300,000 | $841 |
| 2501 | 2,736 sq ft | 06-2011 | $2,350,000 | $859 |
| 3403 | 2,031 sq ft | 06-2011 | $1,500,000 | $739 |
| 902 | 2,214 sq ft | 05-2011 | $1,650,000 |
$745 |
Building Name: Ocean Palms
Address:
3101 S Ocean Dr
Hollywood FL 33019 map
| 1106 | 2,115 sq ft | 02-2012 | $650,000 | $307 |
| 607 | 2,627 sq ft | 01-2012 | $565,000 | $215 |
| 406 | 2,115 sq ft | 12-2011 | $439,450 | $208 |
| 606 | 2,115 sq ft | 12-2011 | $535,000 | $253 |
| 2307 | 2,627 sq ft | 12-2011 | $750,000 | $285 |
Building Name: Beach Club I map
Address:
1850 S Ocean Dr
Hallandale Beach FL 33009
| 3704 | 2,078 sq ft | 12-2011 | $985,000 | $474 |
| 1105 | 1,782 sq ft | 11-2011 | $645,000 | $362 |
| 3302 | 1,841 sq ft | 11-2011 | $615,000 | $334 |
| 2209 | 1,086 sq ft | 10-2011 | $220,000 | $203 |
| LP4202 | 1,841 sq ft | 10-2011 | $680,000 | $369 |
| 4103 | 1,841 sq ft | 10-2011 | $651,000 | $354 |
| 3601 | 2,078 sq ft | 10-2011 | $795,000 |
$383 |
http://www.goranflorida.com/info/condo/hallandale-beach-beach-club-i/#top
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February 2012 Market Update
2012 is off to a promising start. Mortgage rates continue to drop and have remained under 4% for nearly two months. Home sales are strengthening and pending home sales, a measure to gauge future sales, are at their highest levels since March 2010. Job growth has been increasing for most of 2011, with unemployment dropping to 8.4%. As more people are getting jobs, consumer confidence has also been increasing. However, underemployment continues to be a problem for a stronger recovery. The underemployment rate is 18.1%, and there are still a significant number of people working part time, who would like to have full-time work. Even with substantial national improvements, this continues to be a “one neighborhood at a time” recovery. Payroll jobs were up in 25 states, but down in 24, demonstrating the delicate state of the U.S. economy. Global factors such as the European debt crisis are also complicating a more robust recovery. Strong guidance is needed from local and global leaders to continue this growth, as well as allow for business to maintain momentum toward building and expanding upon the opportunities that exist. Sources:Bureau of Labor Statistics, National Association of Realtors
Home Sales in millionsExisting home sales continued their rise, up 5% in December, to a seasonally adjusted rate of 4.61 million. Lawrence Yun, chief economist for NAR, said, “The pattern of home sales in recent months demonstrates a market in recovery. Record-low mortgage interest rates, job growth, and bargain home prices are giving more consumers the confidence they need to enter the market.” .
Home Price in thousandsHomes prices for December were down 2.6% from a year ago, at a median price of $164,500. One factor contributing to lower prices has been the high level of distressed properties being sold. In December, these properties began to show signs of price stabilization and increase. Foreclosures were selling at 22%, a 2% increase from a year ago, and average prices for short sales prices had risen by 3%.
Inventory- Month's Supply in monthsThe housing inventory dropped 9.2% in December to a 6.2-month supply, or 2.38 million homes, at the current level of sales. These are the lowest inventory levels of homes for sale since March of 2005. Lawrence Yun, chief economist for NAR, said, “The inventory supply suggests many markets will see prices stabilize or grow moderately in the near future.”
Source: National Association of RealtorsInterest Rates Another slight drop for mortgage rates as they continue to set historically low records. With homes being so affordable and the economy continuing its recovery, home prices are stabilizing, as increased sales are expected. NAR President Moe Veissi stated, “The American dream of home ownership is alive and well. We have a large pent-up demand, and household formation is likely to return to normal as the job market steadily improves. More buyers coming into the market mean additional benefits for the overall economy. When people buy homes, they stimulate a lot of related goods and services.”
This Month's Video
Topics For Home Owners, Buyers & Sellers Interest rates at favorable levels and a good selection of homes provide an opportunity for buyers. Here are a few things to for buyers to keep in mind:
1. Know what you can afford before you fall in love with your dream home. 5. Don’t compromise on the big things, such as enough bedrooms to accommodate additions to the family or space for an office if you work from home. 6. Always inspect even if the surface looks great; it’s important to know if anything major is wrong and what it will cost to fix. 7. Think about the future in regard to the neighborhoods, surroundings, schools, and developments. |
Contact me, your local real estate expert, for information about what's going on in Miami, Southeast Florida area.
Goran Jovanovic
YOUR World Class Realty Team
Keller Williams Elite
20801 Biscayne Blvd. Suite 101
Aventura, FL 33180 USA
call/text: 954.243.7570
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Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed in This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate. |
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Best of Miami, Beaches and Southeast Florida Real Estate, YOUR World Class Realty Team, Keller Williams Elite
Whether it is Miami's dynamic society scene or the splendid beaches of Southeast Florida, whatever the reason -you found yourself exploring this area's real estate market. Luxurious condo or magnificent villa, it's an endless debate! Why not search them all? Here you can browse carefully selected properties of Greater Fort Lauderdale, Hollywood, Hallandale Beach, Aventura, Williams Island, Sunny Isles, Bal Harbour, Miami and the Beaches, or you may choose to search all active MLS listings on the market today.
Southeast Florida Condos By Area:
Hallandale Beach Condos For Sale
Sunny Isles Beach Condos For Sale
Williams Island Condos For Sale
Southeast Florida Homes By Area:
Bay Harbor Islands Homes For Sale
Hallandale Beach Homes For Sale
Sunny Isles Beach Homes For Sale
Goran Jovanovic is a full-time World Class Realtor® with more than 12 years' experience in real estate market who specializes in the Broward & Miami Dade County area and in the International market. His years of experience are backed up by Keller Williams Elite Properties with an affiliate network of 82,000 associates worldwide. What does that mean for you? It offers a lot of experience on your side of the negotiations in your real estate transaction. Experience alone is not enough to be successful. That's why Goran's entire World Class Realty Team is dedicated to continuing education through both real estate seminars and regular in-house training.
We realize everyone's story is different. There are those who are relocating to Southeast Florida from faraway places, others who are choosing to upgrade to a larger home or downsize to a convenient condo, then there are investors, and still more who are venturing into the world of homeownership for the first time. No matter your circumstances, the desire is the same - to work with a real estate firm that:
- Has unparalleled expertise in the local real estate market
- Strives to understands your needs, and your wants
- Maintains a high level of honesty and integrity
- Builds client relationships on privacy and confidentiality
- Knows the intricacies of the real estate process
- Explains the ups and downs of the market in clear and simple terms
Goran Jovanovic is a member of the Board of Directors at Keller Williams Elite Properties, Realtor Association of Greater Miami and the Beaches®, Florida Association of Realtors®, and National Association of Realtors®. He is also a member of Toastmasters International and a speaker/presenter at real estate and business seminars for the local community as well as on the international scene.
Testimonials, click here.
Do not sell or buy with somone who can only guess what are the benefits and advantages of your property. YOUR World Class Realty Team know this area, this neighborhood, and its people.
For quality service and true professionalism contact us at 954-243-7570 or click here.
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Contact Goran for more: click here.
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