New Listing in San Messina 3 BR + 2 BA $249,900
January 17th, 2012 categories: San Messina
1702 Salerno Cr Weston, Fl CLICK HERE for Detailed Information
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Great Home for Sale in The Ridges, Weston
January 12th, 2012 categories: Featured Listings, The Ridges
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Weston Homes Sold on December 2011
January 11th, 2012 categories: Bonaventure, Country Isles, Emerald Estates, Isles at Weston, Market Update, San Remo, Savanna, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club
The Market Seems to Have Stabilized
201 1 December’s activity in Weston’s Real Estate Market was very similar to 2010. The number of homes sold went down in only one unit and the percentage of distressed sales remained in the low %30’s, which even though is a very large number it’s still lower than in many other communities.
See below the list of properties sold during 2011 by Subdivision.
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Weston Single Family Homes Sold on November 2011
December 8th, 2011 categories: Bonaventure, Emerald Estates, Emerald Isles, Isles at Weston, Savanna, Sunrise, Tequesta, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Reserve
We had a Very Active Month!!! even though we are starting Weston’s low season…
Single Family Homes sales were very active during the month of November 2011. The Inventories have been low specially during the last few months with less than 6 months of Inventory based on closed sales. Less than 6 months of Inventory based on closed sales is considered a Sellers Market. Our main challenge in how distressed sales still affect price on comparable sales making the recovery even though looking steady also slowly regarding price increases.
For detailed information of Homes old by community please click on read more… Read the rest of this entry »
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Weston Single Family Homes Sold on October 2011
November 16th, 2011 categories: Tips For Buyers
There were 286 homes available for sale at the end of October, which means 7.7 months of inventory based on closed sales which represents an increase from the trends observed most of the year where we stayed very close or under 6 months of inventory. A market between 6 and 9 months of inventory based on closed sales is considered a balanced market and under 6 months a sellers market which my lead to price increases.
It’s also interesting to note that during the month of October distressed sales represent less than 16% of total sales and the average for many months has been around 35%.
This is a detailed list of all Single Family Homes that closed in Weston during the month of October 2011
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Get Fit Weston 2011
November 2nd, 2011 categories: Community Information, Living in Weston, Worth Sharing
The Rotary Club in partnership with Weston Rotary Club, the City of Weston, YMCA of Broward County, and local fitness centers are sponsoring a wonderful “Get Fit” event. For only $25 you can participate in unlimited training classes and even prepare for a 5K or half marathon for Dec. 11th Rotary Run for Tomorrow.
Get Fit Festival at Weston Town Center on December 11th following the Run for Tomorrow. Fitness and wellness-oriented businesses will be able to exhibit their wealth of knowledge.
It’s a wonderful opportunity to get out and share all the benefits of living in Weston…
The Fittest City in Florida!
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Weston Ranks No. 1 Performing Real Estate Market
October 25th, 2011 categories: Market Update
It’s all over the News Today!
And we were quoted in the BusinessWeek-Bloomberg article!!!
We have said all along that despite all we hear in the news the Weston Market has some hyper local trends that are different from most of the country. Even though Weston’s Real housing market has suffered as all the country, it has been slowly but surely recovering.
Weston’s as we have always referred to as Broward’s Cul-de-Sac was very well planned … all the services that are not local in nature are located surrounding the city along I-75 and the Residential areas are well separated from the Commercial Areas. Great Schools, Beautiful Landscape and a perfect city to live in have made of Weston the #1 housing market in the country.
One of the key factors that have contributed to Weston’s recovery is the fact that inventories have been absorbed and in the market under $800,000 we have had a seller’s market (less than 6 months of inventory based on closed sales) most of the time in the last year with multiple offers in most cases. If we go even further down in price range, properties listed under $400,000 remind us of the crazy real estate market times.
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Weston Single Family Homes Sold on September 2011
October 13th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Emerald Isles, Isles at Weston, San Messina, Savanna, Sunrise, The Falls, The Islands, The Lakes, The Landings, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
64 Homes Closed in Weston on September 2011
BY TYPE OF TRANSACTION:
45 Regular Sales
10 Short Sales
9 Foreclosures
The percentage of distress sales has been maintained over the last months representing approximately 30% of all total sales. A number that even though looks high is still lower than the percentage in other areas.
BY TYPE OF FINANCING
32 Conventional Loans
20 Cash Deals
10 FHA Loans
2 VA Loans
It’s interesting to note that the proportion of cash sales (over 30%) is still very high compared to traditional markets. We also notice a higher number of FHA’s loans than what we were seeing in the last few months.
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Weston Single Family Homes Sold on August 2011
September 12th, 2011 categories: Bonaventure, Country Isles, Emerald Estates, Emerald Isles, Isles at Weston, Market Update, San Remo, Savanna, Tequesta, The Falls, The Islands, The Lakes, The Meadows, The Ridges, The Springs, Weston Hills Country Club, Windmill Ranch Estates
Weston’s Real Estate Market Stays Very Active:
The Market has been very active and we have less than 6 months of Inventory based on Closed Sales for all prices in Weston. In certain price ranges we have less that 4 months of Inventory based on Closed Sales. Under 6 months of Inventory shows a Seller’s Market and we have experience in both our listings and with our Buyers a trend to receive multiple offers.
There were an unusual number (TEN) of transactions with seller’s contribution which represent almost 15% of the total transactions. Seller’s Contributions ranged from $700 to $ 12,451.
Homes Sold By Development:
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Information obtained through the Multiple Listing Service
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Weston Emergency Notifications Directly to Your Phone
September 8th, 2011 categories: Worth Sharing
When a few months ago we had the drinking water contamination warning I didn’t receive the call because I joined the data base a long time ago with an old phone number and never updated it. I totally forgot about it until today that I run across this information again. In case you have not joined or updated your information here is the link:
WESTON’S CODE RED SIGN UP PAGE
THIS SYSTEM WILL ONLY BE USED FOR EMERGENCY AND LIFE SAFETY PURPOSES. Examples of times when the CodeRED system could be utilized: Drinking water contamination, extended utility outages, evacuation notice and route, missing person, fires, floods, bomb threat, hostage situation, chemical spill or gas leak, and other incidents where rapid and accurate notification is essential for life safety.
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