In one of the worst days the mortgage backed securities market has ever witnessed the price of the Fannie Mae and Ginnie Mae 4.5% coupons dropped off a cliff pushing mortgage rates to their highest levels since November of 2008. Many lenders issued 4 or 5 rates sheets during the course of the day with each subsequent rate sheet indicating higher rates. This melt down may adversely effect the Fed's effort to stabilize the housing market by artificially keep mortgage...Continue Reading!
Real Estate News Category
4282 Greenbriar Lane Weston, FL 33331 ( MUST SEE THIS PROPERTY ) An unbelievable 3BR/2BA one story home home with a gorgeous interior style and beautiful kitchen ! Move-in ready! This home is quite impressive from the start and it is located within a prestigious gated community ( The Ridges - Weston FL ) in walking distance to some of the best schools in South Florida. Inside, the home impresses with its attractive color tones and a spacious family room...Continue Reading!
Lovely 3 bdrm/2bath pool home in delightful wilton manors. 3Rd bdrm used as den or office. Upgraded kitchen w/snack ctr. Tiled floors. Deco baths. Private fenced tropical private yard w/terrific pool. Carport & utility rm w/washer/dryer. Circular drive. Ideal for entertainment. Prime location minutes from anywhere. Rent includes pool service.Friendly pets okay.You’ll truly love this charmer!!! Call joe gutierrez 305-401-5035Continue Reading!
FISHING FOR FORECLOSURES CLICK HEREContinue Reading!
As you all know, Wednesdays are Broker's Open Houses here in the Grove (you probably noticed all of the Open House signs around town). One that really caught my eye today was located at 2421 Inagua Avenue (click for more information) in North Coconut Grove. It is a charming Grove style bungalow that is turn-key ready with a beautiful yard and a white picket fence. The home features 3 bedrooms, 2.5 baths with 1,572 square feet on a 6,073 square foot lot. It is priced...Continue Reading!
Adjusted prices, available financing make residences a “must see” for potential buyers May 27, 2009 EWM Realtors is proud to announce its agreement to serve as exclusive sales agent for One Village Place luxury condominiums in Coral Gables, the 147-unit development adjacent to Village of Merrick Park on Salzedo Street, between LeJeune Road and Bird Road. Reasonable prices and financing options for the high-end residences are being attributed to One Village Place’s favored position among prospective buyers. “Eligible buyers can enjoy financing tailored...Continue Reading!
This sale perfectly illustrates my point of just making an offer. This home was listed at $12.7 million and sold for $9.750 Million $ 12,700,000 - $9,750,000 = $2,950,000 BELOW ASKING PRICE That means if your budget was 9-10 million you could possibly buy a house listed at $13 Million. Of course not all houses will sell for this much below asking price but as you can see from this sale, it is very possible and does happen. For more information on homes listed for sale in Cocoplum click...Continue Reading!
Currently there are 81 pending sales in Coral Gables with prices ranging from $4.5 million to $102,900. Coral Gables is holding a consistent 70-80 pending sales. Within the last week there have been 5 closed sales. Prices for these sales range from $5 million to $203,000. The average sale price per square foot is $405 for these closed sales. Average Sale price per square foot in Cocoplum: $ 560 Average Sale price per square foot in Gables Estates: $ 977 For more information on luxury...Continue Reading!
144 Rosales is now a pending sale. The list price of this beautiful home is $4,500,000. It will be interesting to see what the sale price comes in at. As we tell all of our clients: Make an offer! You never know what a sell will be willing to sell a house for right now. 144 Rosales offers 7 bedrooms, 8 baths, 3 car garage and 48 foot private dock. 431 Arvida closed on 05/20/09 for $5,000,000. The list price was $6,950,000....Continue Reading!
Unit 132 - SHORT SALE-Asking $189,000 Pending Lender Approval 3 Bedrooms - 2 Bathrooms - 1,164 square feet 10' Ceilings - Bamboo floors - Granite Kitchen-Stainless Steel Appliances Full size Washer & Dryer, Two walk-in closets, Balcony with view of Pool 2 Parking Spaces Builder's Model Unit with many upgrades Maintenance $578.11 Billards Room, Internet Cafe, Meditation Garden, Meeting Room, Resort style Pool, Gym Near University of Miami and Sunset Place Meditation Garden Call Christine Scoates to preview: 305-903-8845 email@example.comContinue Reading!