Category: Uncategorized

A home’s heart is its kitchen. Most luxury homes have advanced past having its kitchen be simply functional. In addition, the home’s central room needs to be an upscale showcase, combining functionality with high-end tastes. For those considering designing a new kitchen or upgrading their current one, here is a look at just a few…

LUXURY UPGRADES FOR THE MASTER BATHROOM

Dec 27, 2014

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According to national surveys, over 63% of the cost of upscale bathroom remodels can be recouped from the sale of the house, with that percentage being even higher in the South Atlantic region. Bathrooms can be so much better than just an area of the home used to get ready for work. More and more…

HOLIDAY HAPPENINGS IN PALM BEACH AND BROWARD COUNTIES

Dec 17, 2014

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Looking for some fun holiday events to enjoy between now and the end of the month? Here are some to consider… Santa at the Galleria Mall It wouldn’t be Christmas without a visit to the big man himself, Santa Claus. The Galleria Mall in Fort Lauderdale has Santa set up on the upper level of…

INSIGHTS INTO SOUTH FLORIDA’S REAL ESTATE LIFESTYLES

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LEST YOU FORGET THE INTERNATIONAL BUYER One of my friends requested that I comment about the Profile of International Home Buyer therefore to satisfy my friend’s request I am providing an update for you regarding International buyers’ purchasing trends. According to the National Association of Realtors, for the period April 2013 through March 2014, the total…

STAGING SELLS SHORT SALES AND NON-DISTRESSED PROPERTIES… WHY?

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Every real estate property can benefit from staging, no matter the size, whether it is a single-family home, a condo, and even if it is well maintained. The reason for staging is the same reason developers have been doing it for years, which is to receive higher offers and sell the property faster. Staging gives a…

WHAT IS SHADOW INVENTORY?

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“What is Shadow inventory?” you ask? To help you understand what shadow inventory is, I would like to first define some other terms that deal with shadow inventories: Short Sale: is any real estate property in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property.…

SHORT SALES ARE NOT DO-IT-YOURSELF PROJECTS

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A short sale is one real estate transaction where the homeowner and the buyer really need to get help from an experienced agent or attorney. Unfortunately, many home sellers, in their quest to find a Realtor® they can trust, automatically turn to a friend who holds a real estate license, or ask friends, family and/or coworkers for a referral…

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

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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…

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

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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…

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

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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…

HISTORY REPEATS, SHORT SALES ARE NO EXCEPTION

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