Fort Lauderdale Beach Real Estate

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

Archive for December, 2009

Merry Christmas and all the best for 2010!

Posted by fortlauderdalebeachrealestate on December 25, 2009

Whether your Christmas looks like either of these photos(I’m fortunate to have both), enjoy it!

I would like to wish everyone a very happy holiday season spent with family, friends and loved ones.  Here is to an awesome 2010 for each and every one of us. I am extremely thankful for a tremendous year and I truly appreciate all of your referrals and those of you that returned to me in 2009 as buyers and sellers. Our market has finally begun to turn, inventory is down 40% and closed sales are up 62% from 2008. If there is anything I can do for you, don’t hesitate to call me.

Jon

Posted in Blogroll, Just for Fun, South Florida Real Estate News | Tagged: | Leave a Comment »

A Truly Amazing One Acre, Exclusive, Gated Bayfront Estate

Posted by fortlauderdalebeachrealestate on December 16, 2009

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

Posted in Uncategorized | Leave a Comment »

RESPA: Changes at the Closing Table

Posted by fortlauderdalebeachrealestate on December 15, 2009

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

Posted in Uncategorized | Leave a Comment »

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

Posted by fortlauderdalebeachrealestate on December 11, 2009

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

Posted in Uncategorized | Leave a Comment »

Cool New Tool For Homeowners

Posted by fortlauderdalebeachrealestate on December 8, 2009

Check this out, it is a great resource for anyone that is a homeowner.

What is HouseLogic.com?
HouseLogic is a free source of information and tools—from the NATIONAL ASSOCIATION OF REALTORS®—that can help you make smart and timely decisions about your home.  
What can HouseLogic do for me?
With content covering home improvement, maintenance, taxes, finance, insurance, and even ways you can get involved in and enrich your community, HouseLogic can help you increase and protect the value of your home by helping you make confident decisions

Jon

Posted in Blogroll, Buying Real Estate, Just for Fun, Selling Real Estate, South Florida Real Estate News | Tagged: , | 1 Comment »

November 2009 Sales Statistics

Posted by fortlauderdalebeachrealestate on December 3, 2009

I just received the sales statistics for Broward County for the month of November and there is FANTASTIC news in the numbers(AGAIN)!  These number have been improving for over a year now.  There are fantastic buys to be had in every price range and my clients are getting incredible deals, unlike I’ve seen in years.  Market activity has picked up tremendously and I’m the busiest I’ve been in 4 years.  Call or email me for exemplary service in South Florida.

 

 

 

New Listings

Single Family-1,568, 13% lower than 08′
Condo/Townhome-2,026, 6% lower than 08′
Total all property types-5,878, 9% lower than 08′

Total Available Inventory

Single Family-6,066, 45% lower than 08′
Condo/Townhouse-9,558, 34% lower than 08′

Single Family Sold

785 closed sales, up 38% from 08′
Median sales price, $195,000, down 20% from last year

Condo/Townhome Sold

964 closed sales, 85% higher from 08′
Median sales price, $85,000, 23% down from 08′

Pending Inventory or homes under contract

Single family homes are up 40% over 2008
Condos are up 88% over 2008

Given our current inventory and sales levels, if there were to be nothing else listed, we have a 8 month supply of single family homes on the market(down 60% from the previous year) and a 10 month supply of condos on the market(down 64% from the previous year).

Jon

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Condos, Fort Lauderdale Real Estate, Real Estate News, Sales Statistics, Selling Real Estate, Short Sales, South Florida Real Estate News | Tagged: , , | 1 Comment »

Great news from the U.S. Treasury on short sales…

Posted by fortlauderdalebeachrealestate on December 3, 2009

Great news posted on Yahoo News last night regarding short sales and what the U.S. Treasury is doing to expedite the process.

NEW YORK (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and other loan modification alternatives to stem a rising tide of foreclosures.

Jon

Posted in Buying Real Estate, Fort Lauderdale Real Estate, Real Estate News, Selling Real Estate, Short Sales, South Florida Real Estate News | Tagged: , , , , | Leave a Comment »

Your Home~December 2009

Posted by fortlauderdalebeachrealestate on December 1, 2009

Wow, it is December 1st already-how did that happen?  In this months edition of “Your Home”,  I have holiday home selling tips and tips on how to avoid online shopping scams.  Our market in South Florida has continued to gain momentum and offers incredible opportunities to those folks looking to purchase real esate.  While the holidays are not the ideal time to sell, buyers looking at this time of year tend to be more serious, and there are fewer homes on the market.  Currently we have 41% less inventory on the market than this time last year and the number of closed sales for homes and condos is up 51% over the same time last year.  These statistics spell out the perfect climate for a buyers market, one unlike I’ve seen in years.  If you or someone you know is considering buying or selling real estate, call or email me for exemplary service in South Florida.  Make it a great month everyone!

Jon

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Real Estate, Just for Fun, Real Estate News, Selling Real Estate, South Florida Real Estate News | Tagged: , , , | Leave a Comment »