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Single Family Homes Sold in West Broward: 2008-2009 Comparison

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The increase in closed sales can be found all around the West Broward. Interestingly Weston’s increase has not been as abrupt as in other areas. It may be caused by any or the combination of several reasons:

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SW Broward Single Family Homes for Sale and Sold as of 01/01/2010

Single Family Homes For Sale 01/01/10 - Sold Dec,2009

In most cities we can notice a very low number of homes for sale available. When we have less than 6 Months of Inventory it is considered a Seller’s Market. If you have been in the market purchasing in the last few months you have probably experienced

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Nov. 2009-SF Homes Market Update Miramar West (of I-75)

Single Family Homes Inventory Nov.2009

Single Family Homes Inventory Nov.2009

Months of Inventory based on PS= Less Than 1 month
Months of Inventory based on CS= 11 months

The number of Pending Sales is extremely high, in all this years in Real Estate I have never seen such a proportion of pending sales to active listings. The GAP between the months of Inventory based on PS and CS are due to fact that pending short sales.

Active-Number of Properties for Sale
PS-Properties Under Contract/Pending Sales and in Back Up Status (Open to receive Back Up offers)
CS-Transactions Closed/Closed Sales

SS-Short Sales
REO-Foreclosures
REG-Regular Sales

Months of Inventory are calculated dividing Active between CS and PS
Under 6 Months=Seller’s Market
Between 6-9 Months=Balanced Market
More than 9 Months=Buyer’s Market

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If you are interested in buying or selling Real Estate in South Florida, please call me at (954) 588-7260 or
contact me.

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U18-Sports Medicine in Miramar,Florida

Miramar’s Memorial Hospital Pediatric Orthopaedics

U18 Sports Medicine

A team of Five Pediatric Fellowship Trained Sports Physicians (Michael Jofe, Randolph Cohen, Neal McNerney, Stephen Storer & Cara Novick) are working on meeting young athlete’s needs at the [U18] Unit. The unit specializes in Children, Adolescents and Teens under the premise that their are not just young adults. Diagnostic Imaging, Pediatric Surgeons/Anesthesiologists and Orthopaedic-Certified Physical Therapists will operate under one roof.

The holistic approach to individuals and team’s sports management makes it a very interesting project since they are also offering training and camps to help young athletes reach their fitness and performance goals. Their site contains a wealth of information … from Prevention to a description of potential Injuries.

This will be for sure another successful project for the Memorial Hospital Network. U18 Sports Medicine is Affiliated with Joe DiMaggio Children’s Hospital.

[U18] Sports Medicine is located at 1951 SW 172nd Ave., Suite 207
Miramar, FL 33029
(954) 538-5500

To stay updated with what’s going on in the West Broward Area and receive my blog posts directly to your inbox subscribe here.

If you are interested in buying or selling Real Estate in South Florida, please call me at (954) 588-7260 or contact me.

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