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Archive for the 'Pembroke Pines' Category

Weston and Nearby Communities Homes Sold by Type of Transaction

SF Homes Sold Between January and July 2012

We keep track of Weston’s Housing Market very closely and we find it’s very important to check every few months how our real estate performs compared with other nearby communities. Many of our Buyers when looking to buy in Weston also consider these other cities.

Weston has performed very well compared with neighboring cities with slightly over 30% of distressed sales and the lowest percentage of foreclosures. Compared with SW Ranches which is a very small market, Weston’s numbers shows a very “healthy”* market.
* The use of the word healthy we know may be audacious, we mean…. healthier than other markets by contrast.

Weston’s Real estate market was the last the feel the pain of the market downturn and the first to show signs of recovery.

Broward Homes Sold Jan-July 2012 by type of Transaction

To stay updated with what’s going on in the Real Estate Market and receive our blog posts directly to your in box subscribe here.
If you are interested in finding how much your home is worth, please call us at (954) 588-7260 or
contact us.

Source: MLS and Trendgraphix. The data is provided for informative purposes and doesn’t imply that the authors were involved directly in these transactions.

Written by Ines Garcia | Discussion: 1 Comment »

Good News for Broward/Dade Commuters! Finally Public Transportation

The Program Starts on January 25th,2010

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Public transportation is one of the most neglected services in our County. We are very pleased to announce that this may be one of the many baby steps needed to ease this problem.

Bus Routes have been created, the Service will operate on weekdays at peak hours, departing every half hour from six Locations in Broward to Downtown Miami:
*4 Locations in Hollywood/Pines Blvd. at Falmingo Rd, University Dr., State Rd 441 and I-95 9Tri-Rail Station)
*Fort Lauderdale Tri-Rail Station at Broward Blvd.
*Sheridan Tri-Rail Station

For additional information about the service click here


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Written by Ines Garcia | Discussion: 2 Comments »

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 Pembroke Pines West (of I-75)

Nov. 2009 Single Family Homes Inventory

Nov. 2009 Single Family Homes Inventory

Months of Inventory based on PS= 1.04
Months of Inventory based on CS= 7

Short Sales are still affecting the market in high proportions. There is an interesting contrast between pending sales (64%) and closed properties (27%) that are SS.

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

To stay updated with what’s going on West Broward 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.

Written by Ines Garcia | Discussion: No Comments »

The Story Book Festival-Saturday Nov. 14 from 10:00AM to 4:00PM

Event for Children in Pembroke Pines, Fl

The Broward Public Library Foundation sponsors this wonderful festival at the Southwest Regional Library.

Where?
16835 Sheridan St Pembroke Pines, Florida 33331
(954) 538-9996

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Written by Ines Garcia | Discussion: 19 Comments »

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