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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 […]
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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
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
Uncategorized THE BEST OF THE BEST IN LISTINGS Looking to start 2007 living in the lap of luxury? Here are the ten most expensive residential properties currently on the market in the upper Florida Keys. From beachside estates to multiple family compounds, you’re sure to find something you’ll like here. Be sure to bring the sunscreen, as all of these homes are located […]
Uncategorized THE BEST OF THE BEST IN LISTINGS Looking to start 2007 living in the lap of luxury? Here are the ten most expensive residential properties currently on the market in the upper Florida Keys. From beachside estates to multiple family compounds, you’re sure to find something you’ll like here. Be sure to bring the sunscreen, as all of these homes are located […]
Uncategorized HURRICANE MONUMENT UPGRADE PLANNED FOR SUMMER BY ROBERT SILK Free Press Staff – www.keysnews.com ISLAMORADA — Plans are in the works to spruce up Islamorada’s only fixture on the National Register of Historic Places. And with any luck, work on the grounds surrounding the 1935 Florida Keys Hurricane Memorial could begin by this summer, said Zully Hemeyer, the village’s public works […]
Uncategorized HURRICANE MONUMENT UPGRADE PLANNED FOR SUMMER BY ROBERT SILK Free Press Staff – www.keysnews.com ISLAMORADA — Plans are in the works to spruce up Islamorada’s only fixture on the National Register of Historic Places. And with any luck, work on the grounds surrounding the 1935 Florida Keys Hurricane Memorial could begin by this summer, said Zully Hemeyer, the village’s public works […]
banking LOAN FRAUD ALERT JON GOODMAN Esq.Frascona, Joiner, Goodman & Greenstein, P.C. Loan fraud comes in many forms, but one of the most common—valuation loan fraud—occurs when any party to the transaction, including the real estate practitioner, misrepresents information about the transaction to the mortgage lender. In general, lenders make mortgage loans based upon the creditworthiness of the borrower […]
banking LOAN FRAUD ALERT JON GOODMAN Esq.Frascona, Joiner, Goodman & Greenstein, P.C. Loan fraud comes in many forms, but one of the most common—valuation loan fraud—occurs when any party to the transaction, including the real estate practitioner, misrepresents information about the transaction to the mortgage lender. In general, lenders make mortgage loans based upon the creditworthiness of the borrower […]
assistance MONROE ADDED TO STORM PROGRAM BY ANN HENSON Free Press Staff, The Free Press Newspaper The state has added Monroe County to its My Safe Florida Home program, which provides free home hurricane inspections and financial assistance for eligible projects. The program initially did not have enough trained inspectors to include the Florida Keys, but now has a corps of […]
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