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Coral Springs Real Estate: Effective Government And Private Planning Creates Better Communities

04-08-08
V Dr.

As the fourth largest metropolitan area in Broward County and 11th largest in the state, the city of Coral Springs has an area of 23.5 square miles, and contains around 21,000 or more single-family residences that have a median income capita per family over $50,000.

This high-income base among families here has been helpful in boosting the city’s tax base to over $4.7 billion. This area was incorporated as a city in 1963, and initially had three residents who were basically workers of the Coral Ridge Properties. By 1980, the city completely detached itself from CRP and became a full-pledged community, with a self-reliant and efficient government system, and within that time its s population already reached an estimated 34,000 residents.

Today, the city has around well over 124,000, mostly white, educated and family-oriented people. However, the city’s program of ethnic diversity has been a priority in further attracting young and affluent African-American, Hispanic, Asian and other foreign-born families as well.

Ranked as One Of The Best Cities In The US

The city was recently voted the 27th best city in the United States in which to live by Money Magazine in 2006; was named the 10th safest city in the US by Morgan Quitno in 2007, and was noted as one of the 100 best communities for children by America's Promise. In 2007, the city became the first state or local government in the country to be awarded the Malcolm Baldrige National Quality Award. The urban enclave’s public school system has always been regarded as one of the best in Broward County with a higher that national average in high school and college graduation rates.

What started out as a sleepy "bedroom town" in the northwestern end of Broward County for families who wished to live far from hassles of big-city living, is now filled with lots of new housing developments, which range from single to multi-family homes, condos and sprawling estates. With the completion of the Sawgrass Expressway in the 1990s, the area grew not only in terms of population, but also in terms of private investments as well.

The City Has Good Business and Economic Fundamentals That Bode Well For Residents

The city’s Chamber of Commerce recently created the Coral Springs Economic Development Foundation in 1993 to attend to the demand from businesses and corporations who wish to relocate or set up additional offices in this area. Paving the way for this was the surge in real estate developments, with the construction of newer upscale residential communities such as Heron Bay, corporate relocation within the city’s Corporate Park housing companies such as First Data and attracting big name hotel chains such as Marriot.

Another major accomplishment of the city is the awarding of a superior rating of "AAA" from Fitch-ICBA and an "Aaa" rating from Moody's Investor Services, which helped to affirm the urban centers Total Quality Management master plan as a truly viable model to emulate.

Aventura Real Estate: Updates On Current MLS Figures

04-06-08
V Dr.
The city of Aventura in South Florida is a wonderful and vibrant place to live in.

Once known as just a suburb of Miami, the city today counts as having the best condominium developments in the state, and provides to its residents with a much wider array of luxury home developments in a large number of high-rise condo projects.

Living In A City With A Diverse And Young Population

Famously referred to as the "City of Excellence" the city prides itself in having a diverse population, which ranges from young families, to professionals and retirees. The city's strategic location makes it closely situated between 2 major airports, along with being in close proximity to major interstate and shopping districts. Many tourists and shoppers come to visit the city's Aventura Mall, Loehmann's Fashion Island, The Shoppes at Waterways and other wonderful shopping venues.

The City Offers Efficient Government Services

The city's breathtaking natural landscaping has made it known nationally as "Tree City USA", and this distinction was given by the National Arbor Foundation. The city is known to have efficient local government services, and has a well-equipped and professional Police Department, which is credited to the city having one of the lowest crime rates in Miami-Dade County.

It's Public Charter school system, opened in 2003, also is famed for having an exceptional "A" rating. It's Community Services Department also offers residents a wide array of special events, sports programs, as well asarts and culture activities.

It's Community Recreation Center on the Intracoastal Highway area houses a gym, a fitness center, classrooms and computer center. The city also has several parks that area within short distance of major villages, and the parks here have ball fields, playgrounds, tennis and basketball courts. First-time visitors to this city would be surprised to constantly see people and families jogging or speed walking on the lovely and scenic 3 mile exercise trail that winds around the metropolis.

Current MLS Listings Here

Based on data provided by the city's Multiple Listing Services (MLS), there are around 2325 condo listings in the city of Aventura, which is 37 less than last month's offering. The highest priced listing for this city was placed at $6,000,000, and the lowest priced listing was placed at $94,900. Pending home sales for this area were pegged at 134, and closed home sales were logged at 140. According to local brokers, the highest-priced closed sale this year in the city was registered at Porto Vita for $3,600,000, and the lowest closed sale was $59,000 at Commodore Plaza, a 55-and over retiree community.

Many note that the real estate market in this city is opening up newer and better opportunities for home buyers, and they carefully note that the markets here make for a good buy for home buyers. Many even view this period to be a buyers' market, therefore prospective home buyers need to first consult or get the services of a professional real estate broker first, to help them make the right choices and find the best home deals.

Ocala Real Estate: Current Home Inventory And Resale Levels

04-06-08
V Dr.
The city of Ocala, along with the whole of Marion County at present, has a very high housing inventory level , which amounts to approximately a 12-month supply of homes. This present scenario is one of the major causes for the drastic price reductions in home prices.

There have been movements seen, however, which indicate a slowdown in the reduction of home prices. With the housing market here showing directions of hitting the bottom, and as the mortgage slump affects all aspects of the housing industry, real estate market observers are saying that now would be a good time to purchase new homes, as interest rates are still pegged at one of their lowest levels.

Current Home Construction Figures For Ocala

Based on current data provided by local property market veterans and county building officials, new construction rates are still slow at present; however, a number of property developers and builders are indicating that they will slowly pick up the pace and will continue to build homes this year.

Home builders here are still seen offering great incentives to buyers, which would include paying your entire first years HOA fees, taxes and insurance, closing costs, and some even offer buyers bonuses such as home appliances, lawn mowers, appliance upgrades and more. This move is indicative of being the perfect time to ponder on make a home purchase. In addition, new home builders have also drastically reduced pricing on inventory homes, in order to lessen the number of unsold home inventories these days.

Home Resales Statistics For The City

Home resales figures in the Ocala and Marion County have continued to see increased activity, particularly today that prices have slid even further. Many home sellers now seem to realize that the prices of 2005 are history, and if they will not be aggressive in pricing their homes, they may truly be wasting their time and investment. Each year, thousands of new residents are attracted to this area , lured by the region's healthy economy, excellent quality of life, diverse recreational activities, pristine environment, and the wide array of shopping opportunities.

The number of residents coming to this city, and county, makes it among the three fastest growing areas in the nation. The county's welcoming atmosphere makes transitions easy, and the wide array and affordability of housing options ensures that the types of homes here will suit every home buyer's preference, lifestyle and budgets.

Located 80 miles north of the Greater Orlando Metro area, Ocala is considered by many to be a wonderful place to live and call home. The county is famed for having lush rolling green fields, horse farms, wooded forests, lakes, springs and rivers.

For residents here, outdoor living is a daily activity for many, as the county is home to a host of fishing, boating and outdoor sports enthusiasts. Residents here also have easy access to top-notch medical facilities, shopping centers, industries, arts and culture venues, historical landmarks, and lots of parks and forest areas. It also has a lot of affordable housing options that offer a wide inventory of homes to choose from.

Coral Springs Real Estate: Buying Homes In A Well-Planned Metropolis

04-06-08
V Dr.
The city of Coral Springs in Broward County is a well-planned and fast-growing community, known for its superior quality of living and efficient local government.

It has a total population of more than 125,000, and is a sprawling city that is famous for being called "the city in a country." The city is conveniently located 20 miles northwest of Ft. Lauderdale and 10 miles southwest of Boca Raton.

The City Scores Well In The Quality Of Living Index

Based on a report conducted by Standard & Poor's, the city has a "vibrant regional economy with above-average wealth levels and consistently low unemployment rates", and also prides itself in having an efficiently-run city government. The city's industrial and commercial base represented 24% of the city valuation, which is 50% higher than the previous decade, and its tax rate of 3.8715 mils is considered to be one of the lowest in Broward County. Previously, the famous Money Magazine ranked Coral Springs as among the 90 best places to live in the United States, and the city ranked 27th.

In addition, Money Magazine also named it the best city to live in Florida. The cities were evaluated and ranked based on economic opportunity, income, job growth and affordability, quality of life, crime, quality of schools, arts and leisure, park space and stress related ailments. The city also did score high in its leisurely activities and park space, as it has over 60 parks which are within walking distance for many local residents.

The city also ranks very high in terms of public safety. As suburban communities go, the city is a well-planned community, where parks are built near residences, and gasoline stations and shops are located along major roadways. The city's traffic flows easily, even though this area is one of the county's most populous metropolitan areas.

One Of The Fastest-Growing Communities In The State

Coral Springs is also considered one of Florida's fastest growing communities, but still prides itself in retaining that relaxed small town vibe and feel, however, it also has easy access to some of the state's larger cities, Many have noted that the city is considered one of the best places to live, because it affords residents the experience of enjoying the easygoing Florida lifestyle without having to live through the intense pace of life in a big city.

Viewed as one of the most successful planned communities ever, this city has endured amazingly quick growth over its 40-plus years of existence, metamorphosing from once large swaths of swamp land, to being now becoming one of the state's most attractive metropolitan areas, because it has a wide array of recreational facilities for camping, fishing, along with having an extensive parks system.

Coral Springs also prides itself in having one of the most has highly-rated schools on all levels in the state, as well as in having one of the best sports programs in the entire county for both boys & girls.

Aventura Real Estate: Redevelopment To Spur More New Housing In This Area

04-03-08
V Dr.
Previously known as little more than a suburb of Miami that had a really large mall, the city of Aventura in Florida, is now a developed, dense and mixed-use urban community.

The area's waterfront strip, which was once known for it shipbuilding activities, is now famous for the busy hum of construction cranes building homes and condos. Around 27,000 live in this city, and that does not include the influx of visitors who come to this area during the winter vacation season.

A Look At The Level Of Real Estate Development In This City

The city's planning and building officials estimate that at present, Aventura is around 97 percent built out., and the bulk of this they say is made up of condominiums. Single-family homes in this area only comprise 4 percent of the total number of residential units currently offered for sale, which goes to say that most of the area's residents live in high-rises, and more developments are on the way.

At present, there are currently 16 residential developments that have been approved or under construction in this 3.2-square-mile urban enclave, further bringing the number built to approximately 3,500 new units over the next few years. The vast majority of the community's development is made up of condos, but there's also a healthy offering of townhomes and single family homes to select from. The single-family or apartment may only make up a small percentage of the overall real estate market here, but they still are a pleasure to set your sights on.

Redevelopment Would Be The Next Phase For This City

According to city officials, Aventura is maturing, and it's really in its final stages of original development. Once development reaches its peak, the city will then devote its attention to redevelopment. According to the city's commissioner, it is their understanding that many developers are considering redevelopment of areas, which he thinks in the next five years, five to 10 years, will see a tremendous amount of redevelopment by developers in key areas.

As the city further grows, its population is doing just the opposite. The city's resident population appears to be dropping each year and creating what many see a new demographic. According to census figures, from 1995 to 2000, the average age slipped from 62 to 51 and city officials expect to see another considerable dip in the coming census.

The quality and wide array of real estate options here is considered to be one of Miami-Dade County’s most desirable and most upscale market, and has a lot of luxury housing developments to offer buyers. Strategically located between Miami and Fort Lauderdale, this city offers the perfect location for buying a wide array of homes. Aventura is conveniently located just minutes from either airport and has some of the best shopping and dining you will find anywhere in South Florida.

More and more people are discovering how convenient it is to live here, with everything you need only a few minutes away from your home. Most of the city's real estate is located on or close to the water, and this makes this area a suitable choice for those who wish to keep their boats close to their condo unit or home.