A Truly Amazing One Acre, Exclusive, Gated Bayfront Estate

A colleague of mine has this property listed for sale in the Rehoboth Beach Yacht & Country Club.  Located in Rehoboth Beach , Delaware-the “Nation’s Summer Capital”.  If you’re not familiar with Rehoboth Beach, it is just a short drive from Washington, DC, Baltimore and Philadelphia.  This bayfront estate boasts 10 bedrooms and 13.5 baths and offers both breathtaking sunrises and tranquil sunsets.  Feel free to take the virtual tour and pass it along to anyone you know that might be interested.

Jon

RESPA: Changes at the Closing Table

There are a lot of changes that will become effective January 1st 2010 regarding good faith estimates for home loans and closing statements.  Click here to read more.

This is important information for both home buyers and sellers.

Jon

Interesting article from Business Week, “If You Don’t Buy a House Now, You’re Stupid or Broke”

Interesting article to share from Business Week.  Have a great weekend everyone.

Interest rates are at historic lows but cyclical trends suggest they will soon rise. Home buyers may never see such a chance again, writes Marc Roth.

Jon

Thanksgiving 2009

Happy Thanksgiving!

 

 

 

Baked brie, caramelized onions w/french baguettes

Homemade hummus

Glazed roasted duck w/sour cherry sauce

Roasted fall root vegetables-beets, turnips, carrots, onions, leeks, purple potatoes, garlic

Brussel sprouts w/dill, chives & garlic

Homemade ciabatta stuffing

Roasted acorn squash w/spiced butter, toasted pine nuts and sage

Rosemary & garlic potatoes

Sonja’s fabulous homemade cheesecake

Wine, beer, cocktails, coffee

Introducing Betty Scherer…

I am thrilled to introduce Betty Scherer.  We have recently joined forces as REALTOR-ASSOCIATES with Century 21 Hansen Realty in Fort Lauderdale, Florida.  Betty brings with her many years of business experience in many different capacities throughout the United States, Europe and South America.  In addition to being a licensed REALTOR, Betty holds the following professional designations:  CIPS, Certified International Property Specialist; CIIIS, Certified International Investment Immmigration Specialist; TRC, Transnational Referral Certification in addition to being a member of the National Association of Realtors and RAGFL, Realtor Association of Greater Fort Lauderdale.  Whether buying or selling in South Florida, call Betty and Jon for top notch 5 star services.  Our knowledge of the local market, combined with the worldwide name recognition of the Century 21 Real Estate Network and our extensive internet marketing programs assure you of a win-win situation, whether you are looking to purchase or sell property in the Greater Fort Lauderdale area.  Welcome Betty!

Jon

Need a great photographer?

If you’re local and need a great photographer, I highly recommend Dennis Dean.  2440 Wilton Drive.  Or check out his website, http://www.dennisdean.com/

Jon

$9.45 Million Dollar Home Sale In Fort Lauderdale

Wow, this is amazing-a Harbor Beach home recently sold for $9.45 million! I guess the economy isn’t hurting everyone, hugh?

Jon

May Sales Statistics

New Listings

• Single Family-2,110(20% lower than 07′, a year ago it was 14% lower)
• Condo/Townhome-2,357(26% lower than 07′, a year ago it was 10% lower)
• Total all property types-7,068(21% lower than 07′, a year ago 2% lower)

Total Available Inventory

• Single Family-12,525(2% higher than 07′, a year ago it was 28% higher)
• Condo/Townhouse-16,007(6% lower than 07′, a year ago it was 39% higher)
• Total all Property Types-37,643(3% lower than 07′, a year ago it was 37% higher)

Single Family Sold

• 468 closed sales, 21% down from 07′, a year ago it was down 27%
• Median sales price, $295,500, down 19% from last year

Condo/Townhome Sold

• 588 closed sales, 14% down from 07′, a year ago it was down 27%
• Median sales price, $140,000, 30% down from 07′, a year ago it was down 5%

Given our current inventory and sales levels, if there were to be nothing else listed, we have a 27 month supply of single family homes on the market(up 17% from the previous month) and a 27 month supply of condos on the market(down 6% from the previous month)

 Want to know what this means to you?  Give me call, 954 562 4991

Jon

The power of photos in your listing

I just read this article and wanted to share it with you.  As I’ve been saying for a long time now, if you have your property listed for sale with a REALTOR that doesn’t use digital photos to promote your listing online, you are listed with the wrong agent.  Given the current level of inventories vs sales of single family homes condos in our South Florida real estate market, we have a 29 month supply on the market as of last month.  What does this mean?  If there were to be no other properties listed for sale from here forward, it would take 29 months(almost two and half years!) to sell our current inventory.  Call me for details on how and where I promote your property online with photos and visual tours!

Jon

Photographs that accompany home listings on the Web or in brochures, newspaper advertisements, flyers, magazine articles, and other marketing materials play a significant role in attracting buyers. These images serve as the first impression, and buyers often decide whether or not to see a home in person based on their quality and presentation.

Research reveals that the more photos a listing has, the quicker it sells. A property with a single photo spent 70 days on the market (DOM) on average, while DOM fell to 40 with six photos, 36 with 16 to 19 photos, and 32 with 20 photos. Additionally, listings with one photo sold for 91.2 percent of the original price, while homes with six or more sold for 95 percent of the original price.

The photos to be used in an agent’s marketing materials should be taken by a professional, with experts noting that sellers will recoup the costs of professional photos if their homes sell faster and at a higher price.

Source: RISMedia, Gar Benedick (04/01/08)

Recent Merger

I am very pleased to share with you that we just recently acquired L’Hermitage Realty and Classic Realty-now we have a total of 5 locations including on the Galt Ocean Mile and in Hollywood on the circle.

Jon