Sales of existing homes increased in South Florida last month as buyers responded to deep price cuts. According to the Florida Association of Realtors press release on Monday, Palm Beach County had 652 sales in July, that number is up 8 percent from 605 sales a year ago. The median price of home in Palm […]
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Florida Supreme Court to Review Tax Swap Plan TALLAHASSEE – The fate of the Amendment 5 tax swap is in the hands of the Florida Supreme Court. The First District Court of Appeal in the state capitol today agreed to fore go its review of a state judge’s decision to strip from the ballot the […]
Older retirees and younger immigrants will be competing for public services The Sunshine State is about to boom with Boomers. Between 2010 and 2030, Baby Boomers, born between 1946 and 1964, are expected to descend on Florida in even larger numbers and will increase their standing as the state’s largest age group. The reason: They […]
Between higher fees and larger down payment requirements,buyers have to pony up more money than ever these daysjust to land a loan. Top of Form NEW YORK (CNNMoney.com) — Are you ready to buy a house in this crazy market? Better bring a boatload of money to the closing. In a brutal real estate market […]
Seven Tips For Homeowners Who Can’t Wait Until The Market Turns Around By: DAVID CROOK Source: WallStreetJournal.com July 14, 2008; Page R1 So you say you’re selling your house? Hey, it could be worse. You could be selling a Hummer. If you’ve been waiting for a good offer to come through, this probably isn’t exactly […]
The Russians are coming. As many of America’s wealthy are roiled by the credit crisis and general financial gloom, a growing number of rich Russians are house-shopping — and buying — in costly U.S. enclaves. Fertilizer mogul Dmitry Rybolovlev is set to pay nearly $100 million to Donald Trump for an oceanfront mansion in Palm […]
The Smiths – Luxury Resort Portfolio providing the latest real estate news in Mizner Country Club If you listen to the daily news reports, the housing market downturn seems like it has no end in sight. The real estate market like other financial markets is cyclical. Prices go up…Prices come down. However, the media storm […]
Happy Fourth of July! Welcome Back! We wish everyone a wonderful and relaxing holiday weekend. Since we would like to enjoy our day as well, here is a quick review for the week. Mizner Country Club as of today has (62) Active Listings, (2) Pending, and (9) Total Solds for the year. One (1) new […]
Sluggish housing markets are filled with listings that are lingering on the market, prompting many home sellers to ponder a price cut A seller’s reality check may often come to late. Usually after their listing produces very few showings or a prospective buyer is lost to a competing — and lower-priced — home just down […]
The South Florida Real Estate boom is just a memory…as one of the nation’s hardest hit real estate areas, South Florida is witnessing properties linger for vast periods of time on the market. What used to be only a little over a couple of months on the market, has turned into quite often double digit […]