TOP 10 ULTRA-LUXURY SHORT SALES & REO’S IN SOUTH FLORIDA

In the month of April 2014, Florida Realtor’s Market Report showed that single family home short sales and REO’s represented only 10.54% and 16.5%, respectively, of the total number of closed sales in the South Florida market. Concurrently, the market report shows that short sales and REO’s in the condo and townhouse market represented 5.6% and 17.5% of closed sales. This shows …

The Norka GroupTOP 10 ULTRA-LUXURY SHORT SALES & REO’S IN SOUTH FLORIDA

IS YOUR SHORT SALE OR TRADITIONAL SALE VACANT? NO PROBLEM, STAGE IT!

Last year, I had the opportunity to work with a client that had two investment properties with underwater mortgages. I was able to get both units under contract right away. Unfortunately, the deal on the unfurnished unit fell through; and that is when the problems began. I was only able to get offers $15,000 BELOW the amount the lender was …

The Norka GroupIS YOUR SHORT SALE OR TRADITIONAL SALE VACANT? NO PROBLEM, STAGE IT!

YOU WOULD NOT THINK THE HOUSING MARKET IS HOT…BUT IT IS!

In spite of the great number of foreclosures, home prices in the South Florida area — which comprises of Miami-Dade, Broward and Palm Beach counties — have gone up over the last year.  In fact, South Florida prices are now at May 2004 levels, but they are still nearly 37 percent below the peak of the market in December 2006, …

The Norka GroupYOU WOULD NOT THINK THE HOUSING MARKET IS HOT…BUT IT IS!

HISTORY REPEATS, SHORT SALES ARE NO EXCEPTION.

Written by: Norka Parodi You do not have to be in real estate to know the meaning of the terms short sales, distressed property, and “underwater” mortgages. Furthermore, most people associate them with the mortgage crisis that began in the mid 2000’s. In reality, short sales are a phenomenon that occurs even during a balanced market. I remember living in …

The Norka GroupHISTORY REPEATS, SHORT SALES ARE NO EXCEPTION.

CHECK OUT FREE FITNESS SATURDAYS!

THERE ARE WONDERFUL AND SOMETIMES FREE EVENTS THROUGHOUT SOUTH FLORIDA… WE THOUGHT YOU WOULD ENJOY HEARING ABOUT EVENTS LIKE THIS FROM TIME TO TIME, SO… Check out the “Free Fitness” classes sponsored by the City of Boca Raton. EVERY Saturday morning at Sanborn Square and the South Beach Pavilion there is yoga, zumba, and more! CLASS TIMES: 9:00 am – YOGA at Sanborn Square 10:30 am-CAPOEIRA …

The Norka GroupCHECK OUT FREE FITNESS SATURDAYS!