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Uncategorized Mortgage Loan Rates – 5 Things a Home Buyer Should Know by Brandon Cornett Buying a home requires plenty of homework (no pun intended). There are new concepts to grasp, unfamiliar terminology to learn, and plenty of decisions to make along the way. The mortgage loan interest rate is one of the topics that confuse a lot of home buyers, especially the first-time buyers who are […]
Uncategorized New Record in World Real Estate Russian billionaire’s purchase of French villa sets new world record for most expensive home — $750 million! August 11, 2008 — The market for the average priced U.S. residence may be soft, but the über rich (especially the Russians) continue to drive prices up at the very top of the world’s luxury market. Case in […]
Uncategorized New Record in World Real Estate Russian billionaire’s purchase of French villa sets new world record for most expensive home — $750 million! August 11, 2008 — The market for the average priced U.S. residence may be soft, but the über rich (especially the Russians) continue to drive prices up at the very top of the world’s luxury market. Case in […]
Uncategorized The crème de le crème in the Upper Keys The Florida Keys is well-known for it’s spectacular ocean front estates overlooking the turquoise waters of the Atlantic Ocean and Florida Bay. Wondering what the top ten priced listings are in the Upper Keys? Here is a collection of the ten highest priced luxury single family homes in the Key Largo to Islamorada area, sure […]
Uncategorized The crème de le crème in the Upper Keys The Florida Keys is well-known for it’s spectacular ocean front estates overlooking the turquoise waters of the Atlantic Ocean and Florida Bay. Wondering what the top ten priced listings are in the Upper Keys? Here is a collection of the ten highest priced luxury single family homes in the Key Largo to Islamorada area, sure […]
Uncategorized 1st & 2nd Quarters: 2007 compared to 2008 How do the first two quarters of 2008 compare to the same time period in 2007? Here is a look at the numbers. Single Family, Open water (oceanfront, bayfront, open water) Year Properties Closed Average Sales Price Average Days on Market 2007 30 $1,985,167 264 2008 15 $1,903,333 278 Single Family, Canalfront Year Properties Closed […]
Uncategorized 1st & 2nd Quarters: 2007 compared to 2008 How do the first two quarters of 2008 compare to the same time period in 2007? Here is a look at the numbers. Single Family, Open water (oceanfront, bayfront, open water) Year Properties Closed Average Sales Price Average Days on Market 2007 30 $1,985,167 264 2008 15 $1,903,333 278 Single Family, Canalfront Year Properties Closed […]
Uncategorized Top Residential Sales in the Upper Keys for 2007 Wondering what the highest residential sales of 2007 were? From multi-acre bayfront estates to oceanfront getaways, there was something for everyone. Here are the top ten highest priced closed sales that took place in the Upper Keys in 2007, as found in the Florida Keys Multiple listing service. American Caribbean Real Estate is proud to […]
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Uncategorized 2007 Third Quarter Sales Statistics for the Upper Keys How does the third quarter of 2007 compare to the same time last year? The waterfront single family market compares fairly closely. During the third quarter of 2006, 124 new listings entered the market. There were 31 sales, with and average price of $1,496,016 (lowest price was $525,000, highest price was $4,400,000). The average time […]
Uncategorized 2007 Third Quarter Sales Statistics for the Upper Keys How does the third quarter of 2007 compare to the same time last year? The waterfront single family market compares fairly closely. During the third quarter of 2006, 124 new listings entered the market. There were 31 sales, with and average price of $1,496,016 (lowest price was $525,000, highest price was $4,400,000). The average time […]
Uncategorized Mortgage Woes? Not Necessarily. . . . There’s been a lot of talk lately about the mortgage crisis. Yes, the mortgage industry is changing. While rates are still low, some of those creative financing opportunities of the past have started to disappear, or become much harder to obtain. Lenders are looking more closely at applications and using different guidelines in the approval […]
Uncategorized Mortgage Woes? Not Necessarily. . . . There’s been a lot of talk lately about the mortgage crisis. Yes, the mortgage industry is changing. While rates are still low, some of those creative financing opportunities of the past have started to disappear, or become much harder to obtain. Lenders are looking more closely at applications and using different guidelines in the approval […]
Uncategorized NAR Finds That Despite Rising Gas Prices, More Home Buyers Want Oversized Garages WASHINGTON, August 07, 2007 – David Greer dgreer@realtors.org Home buyers in increasing numbers want garages with two or more spaces in their homes, according to the 2007 Profile of Buyers’ Home Feature Preferences, released today by the National Association of Realtors®. Since the last survey in 2004, oversize garages saw the biggest growth in terms […]
Uncategorized NAR Finds That Despite Rising Gas Prices, More Home Buyers Want Oversized Garages WASHINGTON, August 07, 2007 – David Greer dgreer@realtors.org Home buyers in increasing numbers want garages with two or more spaces in their homes, according to the 2007 Profile of Buyers’ Home Feature Preferences, released today by the National Association of Realtors®. Since the last survey in 2004, oversize garages saw the biggest growth in terms […]
Uncategorized CIUDAD MAR UNDERGOING NEW REVITALIZATION American Caribbean Real Estate is pleased to announce that they have just been hired as exclusive marketing agent for Key Largo’s Ciudad Mar, located at Mile Marker 97.8, Oceanside. Ciudad Mar offers 19 exceptional southern coastal style single family homes within a private waterfront enclave. Construction is currently underway and a completed model home is […]
Uncategorized CIUDAD MAR UNDERGOING NEW REVITALIZATION American Caribbean Real Estate is pleased to announce that they have just been hired as exclusive marketing agent for Key Largo’s Ciudad Mar, located at Mile Marker 97.8, Oceanside. Ciudad Mar offers 19 exceptional southern coastal style single family homes within a private waterfront enclave. Construction is currently underway and a completed model home is […]
Uncategorized NAR Index: Market Shows Signs of Stabilizing A forward-looking indicator based on pending home sales shows the housing market could edge down but appears to be in the process of leveling off, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, based on contracts signed in April, stood at 101.4, down 3.2 percent from an upwardly revised March reading […]
Uncategorized NAR Index: Market Shows Signs of Stabilizing A forward-looking indicator based on pending home sales shows the housing market could edge down but appears to be in the process of leveling off, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, based on contracts signed in April, stood at 101.4, down 3.2 percent from an upwardly revised March reading […]
Uncategorized Tighter Lending Rules Keep Some Buyers Out Mortgage lenders are tightening standards in ways that can make it much more difficult for potential borrowers to get approval for loans. The new standards fall into the following areas, according to Wells Fargo & Co. and other large lenders: Ability to repay. Buyers are no longer being qualified at the low initial rate. They […]
Uncategorized THE BEST OF THE BEST IN SALES Wondering what the highest residential sales of 2006 were? From multi-acre bayfront estates to oceanfront getaways, there was something for everyone. Here are the top ten highest priced closed sales that took place in the Upper Keys in 2006, as found in the Florida Keys Multiple listing service. Click here to view the properties
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