As a Coral Springs Short Sale Realtor who has been listing and selling homes for sale as a Short Sale for many years now, there really is no greater joy than saving a distressed Seller from foreclosure. Times have been tough and Coral Springs Distressed Sellers along with all South Florida Distressed Sellers need somebody on their side that they can trust to help them sell their home as a Short Sale. If you're not sure whether or not a Short Sale is right for you, please call me and we can discuss your options. And remember I earn my fee once I've gotten your Short Sale approved and we've had a successful close and not before.
Be sure to visit my South Florida Short Sale Video Blog site at: MyShortSaleHome.com
Coral Springs Florida Garden Fest is getting ready to bloom again and welcomes all gardeners.
For many years now Coral Springs has hosted The Garden Club of Coral Springs with it's annual Garden Fest. It's the perfect time of year to start thinking of how we're going to spruce up our homes landscaping or perhaps enliven a favorite area in our home that delights in growing orchids and other plants.
You'll find common South Florida tropical favorites and even rarer plants to take home and enjoy. Feel free to come on by and browse the many number of booths and don't be afraid to ask them questions. If you're an Orchid lover yet haven't had much success at growing them, come by and talk to the experts and try your hand at Orchid growing again.
You'll find beautiful orchids, many native plants, unusual ferns, wonderful roses, palms, succulents, herbs and many other plants. In addition, you'll also find some nice art for your yard along with lovely fountains.
Mark your calendar for Saturday, Feb. 18, 2012 – 9 am to 5 p.m. and Sunday, Feb. 19, 2012 – 10 am to 4 p.m.
It's being held again this year at Riverside Park of Coral Springs. 205 Coral Ridge Drive, Coral Springs, FL 33071
Near the C-14 canal.
Pay attention to the Warning Lights when selling your South Florid
a home?
When a homeowner decides to sell their home here in South Florida, they're going to have a lot of expectations. I too, as a South Florida Real Estate Agent, will have expectations in getting the homeowners home sold.
To set the stage up front when selling a home, here's what Sellers can expect to happen:
All Sellers are going to expect #3, right?! So what are the Warning Lights when #3 doesn't happen? Warning Lights can come from Buyer's feedback after they've viewed the Seller's home such as;
These Warning lights can suggest that the Sellers home is not priced at the right price point to be the best value in their price range.
Well-priced properties generate immediate interest among Buyers and if the price is too high, that interest and excitement will never happen. Plus, if you later decide to reduce the price, the level of excitement is not the same as what a newly listed home will generate.
Warning Lights most often mean the price is not right. Let's look a bit closer at some well known facts about finding a Buyer for a Seller's home:
So what does it all mean in a nutshell? If you're selling your home and you want to receive top dollar and fast, make sure you work together with your REALTOR® to get your home priced right from day one and who knows it may even spark a bidding war which can be common place in a home priced right to sell. Happy Selling!

Are you a teen and like to cook? Coral Springs Florida annual Teen Cook Off is coming
Living here in Coral Springs, you may recall me reporting to you over the past 2 years about the fun & tasty Coral Springs Teen Cook Off. The third cook off event is going on this coming weekend February 4th at 10:00 a.m.
Where is the Coral Springs Teen Cook off? This year, all the measuring, mixing and preparation is taking place at Coral Spring's Sportsplex, located at 2575 Sportsplex Drive. The theme this year is Barbequeing where all of the participants will be given the same ingredients provided by Whole Foods Market on University Drive in Coral Springs.
What's on the menu? How does Barbeque Ribs and a side dish sound? The teens will have a grill for them to cook on and will simply need to bring charcoal to get their grill fired up.
Cooking teams will be made up of 2 to 6 teens and the judging begins at 2:00 p.m.
The teams have already been selected yet, come on by to see the Barbeque contest while you enjoy the sights and smells of the Barbeque and maybe, if you're lucky you'll get to sneak a bite; I can't promise it but, you never know. Regardless, come on by to cheer the teens on. Who knows, maybe you and the rest of Coral Springs will be watching a future Iron Chef!
Selling home in Coral Springs? Did you hear what sold at years end December 2011?
Coral Springs single family home sales Increased this month by just under 30% to 79 homes sold; a very nice increase as compared to last months. Typical holiday slow downs sure didn't play out this month with that kind of increase; playing a huge part to this increase in home sales is due to lingering Short Sales and Foreclosures that gained Lender approval and closed during December. Many Lenders will do their best to get this bad debt off their records at a years end hoping to start off better for the new year. Of these Coral Springs homes listed for sale below, almost 23% of them sold as a Short Sale, which is a slight reduction from last month sales of 27%. Whereas, almost 13% of the homes sold were REO/Bank owned which decreased from last month's 23%
Almost 36% of homes sold in Coral Springs were distressed properties during December 2011; those homes that have been foreclosed on and those homes which are trying to avoid being foreclosed upon. As I've stated in many many prior market reports, this continues to show us that distressed property home sales are competing ever more with non-distressed Sellers if you're selling home in Coral Springs which continues to reflect on home selling prices. Even though this month was reflective of Lenders wanting the bad Short Sale debt off their records, lets continue to hope that Lenders continue to see the benefit of approving Short Sales opposed to foreclosing on homeowners. It is going to be some time before the South Florida market sees much of a change with distressed properties as they will continue to be a major force of selling competition here in the South Florida Real Estate market. It is likely that the foreclosure of homes will ramp back up as had been recently reported.
To compete with the distressed market, there are many things that a Coral Springs Seller can do to make their home stand out from the competition. Check out: Sellers can control.
The inventory of homes dropped this month showing 5.7 months of inventory; a decrease or increase in inventory tells us whether or not there are more homes available for Buyers, more homes for Buyers to select from will keep prices down for Sellers. This drop in inventory had a direct impact from homes being delayed in being listed for sale until after the holidays. This drop in inventory is a good thing for Sellers as it shows the Absorption Rate at 4.16 months. Sellers want a lower Absorption Rate as this shows that there are less homes available for Buyer. Buyers will always beg for a higher Absorption Rate as this means they have more to select from providing Buyers with an increase in opportunities for reduced prices.
What neighborhoods in Coral Springs Florida had the most sales?
Coming in with 2 homes sold each were; Coquina Cove, Cypress Run, Glenwood, Hidden Hammocks, Kensington Suoth, Royal Land, The Clusters and Turtle Run.
Didn't see your neighborhood listed here? Perhaps your home is in a neighborhood were 1 homes were sold. Feel free to call me if you want to know what sold in your neighborhood?
For those of you selling a home in Coral Springs, you'll see below that homes that were sold during December had sales this month increasing from last months however, the concentration of home sales fell to the lower price points of $150,000 - $190,999 yet expanded sales increased into higher price points - good!
The median price is $250,000 UP from last month's $220,000. The median price reflects 50% of homes sold below this price and 50% sold above this price.
Keep in mind, when pricing your home for sale, these price points can tell you where there are a lot of Buyers looking in a particular range and are willing to pay that price thereby increasing the chance of your home being sold. We continue to see a break out above the usually heavily populated range of $200,000 - $249,999.
Price Range Quantity
$149,999 or under 4
$150,000 -$199,999 18
$200,000 -$249,999 15
$250,000 -$299,999 17
$300,000 -$349,999 15
$350,000 -$399,999 7
$400,000 -$449,999 2
$450,000 -$499,999 0
$500,000 -$549,999 1
$550,000 -$599,999 0
$600,000 -$699,999 0
$700,000 -$799,999 0
$800,000 -$899,999 0
$900,000 -$999,999 0
$1,000,000 or over 1
TOTAL HOMES SOLD 79
Number of Days that Homes were on the Market for Sale:
0-30 days 31-60 days 61-90 days 91-120 days 120+ days
No. of Listings 26 15 18 3 18
Breakdown % 32.5% 18.75% 22.5 3.75% 22.5%
*Ave % SP/LP 97.6% 93.39% 94.77% 96.25% 97.58%
* This row indicates what percentage of the list price that the home sold for during December. Listing a home to sell at the right price to begin with can bring a quicker sale as shown in days 0 - 30, as you see, will achieve a higher percentage of your list price whereas if you were willing to wait out 120+ days ending this month, you'll achieve a bit closer to your list price. Do you have the luxury of time?
This month shows that homes must have been priced right as a large percentage sold within 0-30 days; a Sellers goal as almost 33% did at 97.6% of their list price.
As your local Coral Springs, I'd be glad to help you determine the best price to help you sell your home here in Coral Springs. Or if you simply have questions about the selling process, please feel free to call me or email.
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