Broward County Home Prices Continue to Climb
Miami, Florida (PRWEB) February 23, 2012
In Broward County, single-family home sales increased 15 percent, from 813 to 911, last month compared to January 2011, according to the 26,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) systems. Condominium sales dropped 16 percent in January compared to a year earlier, from 1,318 to 1,079.
Statewide sales of existing single-family homes totaled 12,044 in January 2012, down 5.5 percent compared to the year-ago figure, according to data from Florida Realtors Industry Data and Analysis department and vendor partner 10K Research and Marketing. Nationally, sales of existing single-family homes, townhomes, condominiums, and co-ops rose 4.3 percent from December and were 0.7 percent higher than they were in January 2011, according to the National Association of Realtors (NAR).
The Broward County housing market is experiencing consistent strengthening and price appreciation as a result of robust demand and diminishing supply, said Rick Burch, 2012 president of the Broward County Board of Governors of the MIAMI Association of REALTORS. Despite a significant percentage of distressed sales, prices continue to rise. Loosening unnecessarily strict lending standards would further enhance the performance of the Broward real estate market.
Median and Average Sales Prices Rise Again
In January, the median sales price of single-family homes in Broward County was $ 177,000, up seven percent compared to January 2011. The median sales price for condominiums also increased seven percent to $ 73,500 compared to a year prior. Broward County condominium prices have increased 12 out of the last 13 months.
The average sales price for total single-family homes increased 0.4 percent, from $ 246,579 to $ 247,635. The average sales prices for condominiums rose 11.2 percent, from $ 105,895 in January 2011 to $ 117,795 last month.
Statewide median sales prices in January increased 18.8 percent to $ 95,000 for condominiums and 5.3 percent to $ 129,000 for single-family homes. The national median existing-home price for all housing types was $ 154,700 in January, a two percent drop from January 2011.
Inventory Levels Decrease
The inventory of residential listings in Broward County decreased 35 percent from 18,710 to 12,483 over the last year, reflecting a healthy and balanced real estate market. Compared to last month, the total inventory of homes decreased four percent. Total housing inventory nationally fell 20.6 percent at the end of January.
The high percentage of cash sales in Broward County reflects the significant presence of international buyers who are boosting demand and ultimately price appreciation, said Ernesto Vega, president-elect of the Broward County Board of Governors of the MIAMI Association of REALTORS. In addition to demand from foreign buyers, Broward County is attracting migration from other U.S. states, second and vacation homebuyers, and retiring baby boomers. This activity will contribute to population growth and further increase demand for housing.
Distressed Properties
In January, 49 percent of all closed residential sales in Broward County were distressed, including REOs (bank-owned properties) and short sales, compared to 60 percent in January 2011 and 46 percent the previous month. Contrary to a year ago, there are now more short sales being transacted than REOs.
International Buyers Fuel Cash Sales
In January, cash sales accounted for 66 percent of all residential sales, 44 percent of single-family and 84 percent of condominium closings. Nearly 90 percent of international buyers in Florida purchase properties all cash. Nationally, all-cash sales were unchanged at 31 percent in January, reflecting the stronger presence of international buyers in the South Florida real estate market.
Note: Statistics in this news release may vary depending on reporting dates. Statistics reported by MIAMI are not impacted by NARs rebenchmarking efforts. MIAMI reports exact statistics directly from its MLS system.
About the MIAMI Association of REALTORS
The MIAMI Association of REALTORS was chartered by the National Association of Realtors in 1920 and is celebrating its 90th year of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of four organizations, the Residential Association, the Realtors Commercial Alliance, the Broward County Board of Governors, and the International Council, it represents more than 26,000 real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local association in the National Association of Realtors, and has partnerships with more than 100 international organizations worldwide. MIAMIs official website is http://www.miamire.com.
CONTACT: Lynda Fernandez, 305-468-7040 Office or 305.903.7922 Cell
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Great Starter or Retirement home
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Categories: Retirement Home Tags: Great, Home, Retirement, Starter
Trilogy at Monarch Dunes Announces New Home Series From the Mid $300s
Nipomo, CA (PRWEB) February 10, 2012
Central Coast resort community, Trilogy at Monarch Dunes by Shea Homes announces today its new Entrada Series. The new series capitalizes on Shea Homes Active Adult Communities reputation for quality-construction, beautiful, open floor plans, and access to resort-style amenities, with homes starting from the mid $ 300s an exceptional value previously unavailable.
This Saturday, February 11, and Sunday, February 12, Trilogy at Monarch Dunes will host a release party with wine and cheese, from 1 p.m. to 3 p.m. at the community (1640 Trilogy Parkway in Nipomo) to unveil the new Entrada plans.
Plans from the new series offer open layouts with abundant natural light, with two bedrooms, two baths, two car garages and flexible spaces. Standard features include euro-styled cabinets, Whirlpool
Categories: Retirement Community Tags: $300s, Announces, Dunes, from, Home, Monarch, Series, Trilogy
Dance at a retirement home
Found this in an email couldnt find it on youtube so here it is. It is Three gentleman dancing to a Micheal Jackson Song, I have no idea where it came from but I thought it was Awesome!!!
Categories: Retirement Home Tags: Dance, Home, Retirement
Microsoft Office Home & Student 2010 – 3PC/1User [Download]
Microsoft Office Home & Student 2010 – 3PC/1User [Download]
![Microsoft Office Home & Student 2010 - 3PC/1User [Download]](http://ecx.images-amazon.com/images/I/41DDJftQoyL._SL160_.jpg)
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- Saving for retirement, changing homes, cutting expenses-all are important financial decisions. Excel 2010 offers useful direction with simple templates to help you build budgets and track expenses so you can focus on financial goals.
- School fundraisers and neighborhood events come together efficiently when you use Word 2010. Create documents using new photo-editing features, lively text effects, then easily share them online and invite others to collaborate
Word 2010 and Excel 2010. PowerPoint 2010 and OneNote 2010. With Microsoft Office Home and Student 2010, you and your kids can create great schoolwork and home projects from multi-page bibliographies to multimedia presentations. Capture ideas and set them apart with video-editing features and dynamic text effects. Then easily collaborate with classmates without being face-to-face thanks to new Web Apps tools. The results go well beyond expectations with a little inspiration, a lot of creativity
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Work At Home Opportunities
Work At Home Opportunities
The Home Assembly Jobs Package Offers Large Listing Of (more Than 1,200) Companies That Hire Individuals To Perform Home Assembly Jobs, Crafts, Envelope Stuffing & Mailing Circulars…etc.
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Categories: Retirement Housing Tags: Home, Opportunities, work
The Home Winemaker’s Inner Circle
The Home Winemaker’s Inner Circle
Making Wine At Home Is Easy – If – You Know The Right Steps To Take. This Member’s Only Site For Homemade Wine Gives You All The Secrets To Produce Delicious, Fine Wine. Affiliates, Only Winemaking Rebill Site! How-to-make-wine.net/aff
The Home Winemaker’s Inner Circle
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Best New Home Jobs
Best New Home Jobs
The Most Updated And Comprehensive Directory Available For Consumers Looking For A Real Home Job. Recurring Product Delivers A Very High Closing Ratio Of 7/10. Offer All Of Your Clients Our Comprehensive Directory And Receive Monthly Subscriptions.
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HealthLeaders Media Offers Complimentary Medical Home Leadership Dialogue
Nashville, TN (PRWEB) November 21, 2011
HealthLeaders Media, the premier producer of news, analysis, and intelligence for senior healthcare executives, in conjunction with sponsor RelayHealth, offers a complimentary medical home leadership dialogue that will be available as a free on-demand webcast for one year.
Produced in collaboration with sponsor RelayHealth, HealthLeaders Media Rounds: The Business and Clinical Path to Medical Home is available for complimentary registration at bit.ly/sgcqES.
Held live at host St. Joseph Health System on November 11, 2011, HealthLeaders Media Rounds: The Business and Clinical Path to Medical Home featured the following thought leaders:
Categories: Senior Health Care Tags: Complimentary, Dialogue, HealthLeaders, Home, Leadership, Media., Medical, Offers
Kitchens,bathroom Designs,house Deisgns And Home Improvement
Kitchens,bathroom Designs,house Deisgns And Home Improvement
New House Plans , Kitchen Design , Bathroom Designs Bedroom Designs To Help The Home Owner With Building A New Home Or Home Improvement
Kitchens,bathroom Designs,house Deisgns And Home Improvement
Categories: Retirement Housing Tags: Deisgns, Designshouse, Home, Improvement, Kitchensbathroom
