Ft Lauderdale Homes and Condo Sales

When you start thinking about a waterfront home in the Fort Lauderdale area it is important to be aware that all waterfront is not the same and we are going to ask many questions to make sure you find the right property. When you see a photo on the internet of a lake front home for $200,000 chances are this is a lake, with access to no major waterways, hence we may ask you if the water is about a view or about a boat. Other things we may wish to talk about, ocean access, fixed bridges, beam, depth, width of a canal, timing to the intracoastal, distance to the inlet. As a starting point, you can count on the larger boat you can house in your backyard the more expensive the property will be. It is rare to find a no fixed bridge, waterfront home under the…
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Over the last few weeks we have watched an amazing thing happen in South Florida as more and more buyers are flocking to the area to buy the property they always wanted at a price they can now afford. Unfortunately many of them are still armed with media hype and few facts so often we see offer after offer is being rejected. Many leave with the attitude they will just wait, but many more are saying we are close enough to the bottom and I'm going to buy the property I want before it is gone. Over the last 30 days 38 condos in the beach area have gone into pending sale status. They range from a low floor 2 Bedroom at The Berkley South ( Asking price 169,000 ) to a penthouse unit at L'Hermitage (Asking price $3,000,000). Even more important is that of the…
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Talk all over the media about real estate at the bottom, as if a line has been drawn in the sand and all areas of our country are the same. I find this amazing. If they were all capable of making perfect timing decisions they all would have bought Microsoft stock 30 years ago, and been long retired, very wealthy. Lets just all accept that marking the bottom of this market is impossible, but properties are being sold for less than would cost to build, simply this is a trend that can't, and won't continue. The best inventory has been selling away for months, the crap is sitting, and sooner or later the best properties at these amazing prices, will simply be gone. If your thinking of buying let me be the first to say welcome to Fort Lauderdale, and with good…
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I am sorry to report that the law of supply and demand sincerely applies to waterfront property in the Fort Lauderdale area. Are there bargains to be had in waterfront homes, absolutely...however, there are buyers lined up for Fort Lauderdale waterfront homes that are priced properly in this real estate market. It is a great time to buy waterfront property in Fort Lauderdale but don't expect to find these homes sitting as distressed properties without numerous buyers ready to take the plunge. If you are interested in a waterfront home we are here to help you find the best deals.

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Absolutely, this is a shout out to the entire news media who can't seem to make up their minds as to  what is going on in the Fort Lauderdale market. COME ON DOWN! I'd love to give you the tour and let you present some facts. The Miami Herald reported Broward County heading back before Dade, for those of you who may be unclear, Fort Lauderdale is in Broward, Miami is in Dade, and they are both in this place the media calls "South Florida", but, by the way so is Key West. We talk to hundreds of people every month l, who are ready to buy in Fort Lauderdale but are simply waiting for the signal we have reached bottom. The only sure signal I know of the the bottom is the beginning of the move back up and then it's too late for the the buyers who think they

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Ok I'm bad, I have not posted in months, shame on me what kind of blogger am I ? Simply one with a new committment, to write shorter, briefer, more often posts. Posts that quickly serve to inform Anderson Cooper (sorry to pick on you but you are one of my favorites), the rest of the media, and of course my readers the reality of the real estate market in Fort Lauderdale. Lets start with one fact for tonight, the ocean front is not flooded with Fort Lauderdale foreclosures. The Fort Lauderdale highrise condos that sit east of the intracoastal are not being boarded up, vacancys are not piling up and the fact is that buyers are lining up. Simply they are waiting for the sign that we have reached bottom. That sign for many will be the shrinking of inventory

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I'm sincerely not smart enough to know if the banks and wall street should be bailed out. The way I see it, our current and future leaders say this should happen, so why should I disagree. If they continue to mess up hopefully, we will be smart enough to make them unemployed.
That being said the management of many of these banks already deserve the unemployment line. I know this is going to sound a bit bitter, but sincerely my business is holding its own without their foreclosure business. I often get asked for my price opinion and for this I get $50.00. I only do it to keep a pulse on the market. We have plenty of buyers to represent, and hopefully protect. We continue to do the business that has won us awards year after year.

I am shocked at the way these…
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Here we go again, a new real estate cycle visable on every corner that will lead us to the next cycle. Who said the next cycle of dropping real estate prices had to be rising real estate prices. All over Fort Lauderdale rental housing is being built, weve been down this road  before. When sales fall off, people start renting, rents go up, and builders build new rentals, when sales start to rise they convert them to condos and sell out, and we get to start all over. How long the cycle lasts is never perfectly clear unless you're watching the news, as they all seem to have the answer. But one fact is clear major real estate developers still believe in the Fort Lauderdale area, they are building rentals all over town, to service the people still moving here

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I'm sorry I haven't written in while, but contrary to what the media is saying, we are busy. Our business is ahead of last year and people are buying the bargains to be had in the Fort Lauderdale area. We are working harder than ever, and it is frustrating to see how a correction in the real estate market, has caused banks to stick their heads in the sand, run for cover, and ultimately create a run on real estate and their own banks. I am not smart enough to comment on if the bailout being discussed is the right thing to do, but I have enough common sense to know executives who failed to perform should be given a ticket to Florida instead of a paycheck. We have many bargains that I am sure they can afford. Sincerely I don't blame banks solely for this…
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Simple - Lets lay out a few facts first. All of these are based on total generalizations, from numerous sources, from numbers I have seen varying all over the place. The real estate market in the Fort Lauderdale area has risen 50% in five years, it has dropped 20% in two years, so the way I see it there has been a nice five year return, actually way better than the stock market. The cost of creating good real estate ( building ) continues to rise. There is less building going on because property is selling for less than it can be built for. The profit motive of building is temporarily gone. Sooner or later inventory will tighten, prices will level off ( I think we are there) and then start to rise. Remember, even when the stock market is bad there are

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