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Spring 2012 Market Update
All you need to know on how to buy one or how to sell your home through short sale. Or you can visit my site at www.Browardrealestateteam.com.
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| Average Home Price | $325,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $300,000 - $349,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Plantation is | Increasing |
| Seller Activity for the past 90 days in Plantation is? | Decreasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 40-45% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | FHA will write loans for up to 424,000 |
| Housing Inventory | Limited Supply |
| Inventory Comments | Sellable homes in good condition are hard to come by. Most regular type sales, priced correctly are getting mulitple offers. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Real estate in Plantation is picking up. Plantation’s easy access to major roads and downtown Ft. Lauderdale has made Plantation popular to buyers. |
| Nearest Metro Area | Ft Lauderdale |
| Housing Hot Spots | Mid priced homes for sale in Plantation, Fl are located in Westport, Jacaranda, Jacaranda Lakes, Fox Run, Fountain Spring, Plantation Isles. Isla Del Sol in Plantation offers ocean access. Luxury homes in Plantation FL can be found in Hawkes Landing, Plantation Acres, Blackhawk Reserve. Townhomes and villas in Plantation can be found at Gingerwood, Cedar Landing, Sunset Springs, Quatraine, Mayfair, Crss Creek, The Fountains, Wimbledon, Central Park, Courtyards at Plantation, Courtyards at Jacaranda, Bridgewater, Waterford Courts, Jacaranda Country Club, Sawgrass at Plantation |
| Average Sold Price | $325,000 - View Graph Trend |
Plantation Local News
News for Plantation, FL - October 11th, 2011 11:56am
New is looking better for Plantation Florida homeonwers! Plantation real estate prices are slowly increasing. With interest rates dropping, it is a good time to list or buy a Plantation home. Call a leading Plantation Realor! Teri Arbogast and Team know the Plantation market!
News for Plantation, FL - Sunday February 21st, 2010 10:59am
Plantation homes that are priced right and kept in good condition go rather quickly. I am seeing an increase in buyers, who do not want to live in a homeowners association, looking in "old plantation"
Contact Information
Teri & Team
954-242-8030
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
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30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Teri & Team
Keller Williams Realty
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 954-242-8030
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