Fort Lauderdale Beach Real Estate

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

Archive for March, 2009

April is Open House Month!

Posted by fortlauderdalebeachrealestate on March 4, 2009

April is Open House Month.  This is a great opportunity for my sellers to get additional exposure for their house, and for buyers to get a strong understanding of what’s on the market right now. The CENTURY 21® System will promote this April as Open House Month with a national campaign across radio, web, century21.com, and At Home magazine – pointing consumers to local CENTURY 21 offices or century21.com.  And we’re building on our successes of 2008…by introducing a new and exciting component.  What is it? It’s the Path to Your Dreams Sweepstakes! In a time when consumers are cautious about entering the market, we’re paving the way for one lucky winner to earn $221,000 towards the home of their dreams. And eight others will win $5,000, plus we have thousands of instant prizes. It’s a way to show to the public that our CENTURY 21 System is helping to re-build the dream of homeownership.

Jon

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Posted in Blogroll, Buying Real Estate, Selling Real Estate, South Florida Real Estate News | Leave a Comment »

American Recovery & Reinvestment Act 2009

Posted by fortlauderdalebeachrealestate on March 4, 2009

As you may have heard, significant improvements in the temporary First-Time Homebuyer Tax Credit were signed into law on Feb. 17 as part of the American Recovery and Reinvestment Act of 2009 to provide a housing stimulus for first-time home purchases that occur between Jan. 1 and Dec. 1, 2009.  American Recovery and Reinvestment Act of 2009

Jon

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

February 2008 Sales Statistics

Posted by fortlauderdalebeachrealestate on March 4, 2009

New Listings

  • Single Family-1,702, 31% lower than 08′
  • Condo/Townhome-2,138, 26% lower than 08′
  • Total all property types-6,034, 25% lower than 08′

Total Available Inventory

  • Single Family-9,628, 22% lower than 08′
  • Condo/Townhouse-13,278, 18% lower than 08′
  • Total all Property Types-31,917 15% lower than 08′

Single Family Sold

  • 398 closed sales, up 47% from 08′
  • Median sales price, $213,000, down 34% from last year

Condo/Townhome Sold

  • 486 closed sales, 24% higher from 08′
  • Median sales price, $84,900, 41% down from 08′

Pending Inventory or homes under contract

  • Single family homes are up 128% over 2008
  • Condos are up 97% over 2008

Given our current inventory and sales levels, if there were to be nothing else listed, we have a 24 month supply of single family homes on the market(down 47% from the previous year) and a 27 month supply of condos on the market(down 34% from the previous year)

Jon

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