Gated community in desirable Walnut Creek, Pembroke Pines. This two story 4 bedroom and 2 and a half bathroom pool home is overlooking a beautiful lake. Formal dining room and living room have high ceilings. Kitchen next to a large family room. Powder room, laundry room and two car garage. Upper floor features the four bedrooms with a loft or den for office. Master bedroom with lake view, has a very large walk-in closet, Roman tub and shower. This is...Continue Reading!
...47% of the total for sale single family homes were sold in the month of November as compared to 52% in the previous month... Read full article on my December Newsletter at: https://ewm.box.com/s/bfuvffffwjtg9vhwzsds Continue Reading!
For the first time since March of this year, the market for single family homes in Plantation is now an even market. Read more about it at: https://ewm.box.com/s/6gyys648690ppuc70s1s Continue Reading!
The current housing market contains a $3.7 trillion negative equity gap, says economist William Emmons. Emmons, Assistant Vice President and Economist at the Federal Reserve Bank of St. Louis, spoke at HousingWire’s Rethink Symposium last Friday, a conference centered on how housing finance affects the economy. In his speech, Emmons cited data which shows the average loan-to-value (LTV) ratio for those with mortgage debt is around 94.3%. Loan-to-value ratio is the amount of mortgage debt in relation to the home’s...Continue Reading!
From Miami to Fort Lauderdale we are having a bit of an upsurge in the distressed market with REO properties making headlines in our local marketplace. Being on a foreclosure team where 150 Wells Fargo Real Estate Owned properties sold last year always has me looking for these single family residential properties to take center stage again. Going through the robo signer disaster and holiday season where this occurrence of discovering bank owned properties was practically non-existent to seeing a few nice homes...Continue Reading!
Since the Real Estate market decline in 2008, REO (real estate owned) or Bank Owned properties started popping up in Miami. We quickly started working with banks by conducting BPO's (broker price opinions), then listing these properties for sale. Although most REO agents will agree the inventory level is down the last 2 years, we still get product. And buyer appetite for anything listed as REO is definitely high. In an effort to keep our...Continue Reading!
Hace unas semanas, escribí un artículo sobre la compra de una propiedad que está bajo una ejecución hipotecaria; el escrito hizo surgir preguntas sobre el estado físico de las propiedades embargadas...Continue Reading!
A few weeks ago, I wrote a blog post about buying a property in foreclosure that brought up many questions concerning the physical state of foreclosed properties...Continue Reading!
Incredible opportunity & incredibly priced DIRECT bayfront corner lot! The BEST ppsf of any direct waterfront property in Miami. Build your own custom home on thsi 3/4 acre lot in the trendy Bayside neighborhood that is located a short drive from Midtown, the art/design district, and the hottest restaurants. Located just 1 block away from Baywood Park, this beautiful piece of land has direct views of Bird Key and Legion Picnic Island, Downtown Miami, South Beach, and more. This is a boater's and...Continue Reading!
110 Hendricks Isle, Unit A-4, Ft Lauderdale, Fl 33301 offered at $584,900. Bi-Level, 3 bedrooms, 2.5 baths, over 2800 sq-ft. 2 balconies and a huge terrace. Totally amazing. All others of this size and with a private dock with Ocean access in Las Olas area is well over $1 million dollars. Live an Endless Vacation.Continue Reading!