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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This is the Route of one of the Buses:

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:

1. Weston’s sales and prices didn’t decrease as dramatically as other areas.

2. The fact that even though Weston was affected by the Real Estate crisis, the number of  foreclosed properties available for sale has been very low. In average we didn’t have more than 9 or 10 Foreclosed Single Family Homes available in the market.

3. The availability of properties in the lowest prices ranges. Weston didn’t have as many Single Family Homes under $200,000.00 or $ 300,000.00, as the other areas.

Thinking of selling your home? Now might be a good time to put it on the market when the inventory of great properties for sale is low. For a FREE market analysis of your property contact me.
To stay updated with what’s going on in Weston and receive my blog posts directly to your inbox subscribe here.

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

multiple offers scenarios. There is an interesting fact in this situation, many times we are competing against cash offers which are not as sensitive to appraised values and financed transactions on top of being able to close sooner and without the financing contingency.

Davie’s Months of Inventory gives Buyer’s a strong position when negotiating since there are more properties available than Buyers in the market. SW Ranches  is showing a very slow market…

Thinking of selling your home? Now might be a good time to put it on the market when the inventory of great properties for sale is low. For a FREE market analysis of your property contact me.

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

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

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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.

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

• 

  Bi-Lingual Storytelling

• Crafts
• Free Books
• Treasure Hunt
• Face Painting
• Story Book Parade
• The Miami Herald’s Fantasy Forest

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