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.

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Having experienced my self the importance of learning a foreign language I am very grateful my parents believed in it. Little we knew when I was growing up in Venezuela that I would live in USA.  Lingua Advanced Language Solutions in Weston,Fl offers an array of services and programs in many languages.

If you have any doubts of the wonders of knowing a foreign language take a look at this enlightening 34 seconds video

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If you are interested in buying or selling a home in WESTON, please call me at (954) 588-7260 or contact me.

As of the end of April the Number of active listings has decreased in 266 units compared to 779 active listings at the end of March 2009.(almost a 35% reduction).

Active Listings:                513 units
Pending Sales:                 148 units
Closed Sales:                   50 units

Interesting Facts about Active Listings:
-Decrease in the percentage of Short Sales Listings from 38% to 35%
-Just a handful of Foreclosures (REO’s)
-In the Peak of the Market (Winter of 2004) – there were 121 Active Listings in Weston
-In the Bottom of the Market (Spring 2008) -there were 1204 Active Listings in Weston
-With 50 Closed Sales per month we would be in a balanced market if the number of Active Listings = between 450 and 500 units (9 to 10 months of inventory based on Closed Sales). We are almost there!

Interesting Facts about Pending Sales:
-Based on Pending Sales we have 3.5 months of inventory = A Seller’s Market
-There are some listings showing pending for almost a year, most of them Short Sales.

Interesting Facts about Closed Sales:
-Closings prices in most cases are very close to listed price and some sales have been above asking price.