Fort Lauderdale Beach Real Estate

Jon C. Mumford, REALTOR-ASSOCIATE, CRS, ePRO, GRI, GREEN, RECS, SFR, SRES

Archive for February, 2009

The Power Of St. Joseph

Posted by fortlauderdalebeachrealestate on February 11, 2009

I wanted to share this great story with everyone.  It has long been said that burying a St. Joseph statue in your yard is supposed to help you sell your home.  One of my sellers listed his condo for sale on July 2, 2008.  Despite numerous showings since then, we hadn’t had any success selling his unit.  Someone told him the story about St. Joseph and he purchased one at a religious shop on January 14th.  He was at home opening up the package and was about halfway through reading the prayer that is included when there was a knock on the door, an unexpected showing with a buyer from out of state.  Well long story short, 16 days later we received a cash offer, fully executed on the 4th of February and scheduled to close 23 days later on February 27th!  What a great story-if you are local there is a store named Moroney’s located at 535 NE 13th Street in Fort Lauderdale.  Please share this with you family and friends, could be the best $7.95 any seller could spend in todays market-

Jon

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Real Estate, Just for Fun, Moving, Selling Real Estate, Testimonials | Leave a Comment »

Broward County Statistics, January 2009

Posted by fortlauderdalebeachrealestate on February 3, 2009

New Listings

  • Single Family-1,488, 30% lower than 08′
  • Condo/Townhome-1,965, 22% lower than 08′
  • Total all property types-5,580, 23% lower than 08′

Total Available Inventory

  • Single Family-10,000, 1% lower than 08′
  • Condo/Townhouse-13,520, 16% lower than 08′
  • Total all Property Types-32,840, 13% lower than 08′

Single Family Sold

  • 378 closed sales, 1% down from 08′
  • Median sales price, $205,500, down 33% from last year

Condo/Townhome Sold

  • 419 closed sales, 2% higher from 08′
  • Median sales price, $86,100, 47% down from 08′

Pending Inventory or homes under contract

  • Single family homes are up 68% over 2008
  • Condos are up 48% over 2008

Given our current inventory and sales levels, if there were to be nothing else listed, we have a 26 month supply of single family homes on the market(down 17% from the previous year) and a 32 month supply of condos on the market(down 18% from the previous year)

Jon

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Real Estate, Real Estate News, Sales Statistics, South Florida Real Estate News | Leave a Comment »