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Current market conditions offer an exceptional window of opportunity for buyers and investors. Prices are often down 50 percent or more from their highs but are stabilizing and even tipping higher in some markets. This means you could own for less than it costs to rent and find solid cash flow investment properties even if the real estate market hasn't completely bottomed out. Momentum matters. Existing home sales have increased over the last few months as buyers jumped back into the market. With our array of search tools, you can browse Aventura Condos, Sunny Isles Condos, Hallandale Beach Condos, Fort Lauderdale Real Estate, Miami Beach Condos, North Bay Village Condos, Hollywood Beach condos, and much more. On 'Locations' read information, written by local residents, about cities and neighborhoods in South Florida. Try the 'All Properties Search' tool to input your search criteria, then send us the MLS # of the properties you found; or click on 'Condo Buildings Resale' for descriptions and listings of most buildings. Check our 'Single Family Homes' section, or Search for a condo listing, on 'Condo Search'. COMMERCIAL REAL ESTATE is attracting the common investor at this time, with rock Bottom prices, shopping centers, multi-family apartments, or small hotels. Sunny Isles is a preferred
location, halfway between Fort Lauderdale and Miami airports. Spectacular Sunny Isles Condos have replaced the old motels along Sunny Isles Beach. Aventura with its wonderful shopping and entertainment venues, a short distance from the beach, boasts great Aventura condo buildings in an affluent area, known for good services and schools. Surfside Condos are in the middle of a great walking area, a short stripe alongside the ocean. Hallandale Beach Real Estate, offers a blend of old and new buildings on the sand, new shopping centers, the racetrack and casinos, and has become a major player. Hollywood Beach, famous for its boardwalk is a great destination and Hollywood Condos are a great option. Miami Beach Real Estate, all the way down to South Beach has become one of the most valuable in South Florida. In Miami, Brickell condos, a strip south of US1 and downtown Miami close to South Beach, in the middle of the financial sector. North of Downtown Miami, alongside the coast, dozens of new buildings, many of them with great views and luxurious amenities, have populated the area. Coconut Grove Condos and Coral Gables Homes, as well as Key Biscayne real estate, in a coveted and exclusive area.

South Florida Real Estate News

Owners upset with new law for tax appeals

Hundreds of South Florida property owners who wanted to appeal their tax bills are out of luck because they didn’t pay first.

Rejection letters have been sent to nearly 1,200 property owners in Broward County because they didn’t pay most of their taxes before March 31 – even though they thought their bills were too high. Now they’re stuck paying the full amounts, plus interest.

Under the law, which took effect July 1, owners who want to appeal their tax bills must pay 75 percent of their property taxes and all of their special assessments, or non-ad valorem taxes, before April 1.

In the past, property owners didn’t have to pay until appeals were heard. Broward received more than 22,000 petitions for appeal, so the vast majority of homeowners complied. Still, the new rule is creating confusion, said Lynda Phillips, supervisor of Broward’s Value Adjustment Board.

Linda Varisco wanted to question the $1.34 million assessment on the 15,000-square-foot office building she owns in Sunrise, only to be denied because she didn’t pay her taxes in time.

Varisco, who’s adamant that the county’s appraisal is too high, said she never heard about the law. She ended up paying $32,800 in taxes, including interest.

“My life is kind of hectic,” said Varisco, 49, a chiropractor. “I never even got a bill under my nose to even think about it.” Property tax bills are mailed in November and due by March 31 of the following year, with discounts available for paying early.

Owners can appeal their assessments to the Value Adjustment Board in individual counties. The boards are holding hearings now, and special magistrates make the final decisions. Notices of the new rule have been posted in the Value Adjustment Board’s office and on its website since last year, Phillips said.

“It sort of jumps up on you, and a lot of people are confused by this,” she said. “Hopefully it will go smoother next year.”

For owners who win their appeal, the county sends a refund and 12 percent interest of the refund amount from April 1.

Property owners who have the means to pay most of their taxes upfront stand to benefit from the law, said Mason Sharpe of the Property Tax Appeal Group, a Hialeah-based company. He advises clients to pay the entire tax bill because they can make more money in interest if they win the appeal.

But other owners who aren’t as financially stable may not be able to take advantage, Sharpe said.

Lawmakers passed the measure to help local governments improve their cash flow amid delays that can extend the appeals process to a year or more. Some owners were not paying taxes until after counties completed their hearings, according to an analysis by the state House of Representatives. Palm Beach County resident Peter Krenzer said he appealed his $4,950 tax bill in December, and the county agreed to reduce his taxes. He said officials told him to wait for a lower tax bill that would have been about $1,500 cheaper.

Instead, Krenzer, 49, received a letter, telling him that his appeal was denied because he didn’t comply with the law. He was stuck paying the full amount, plus late fees.

Had he known, he said, he would have paid the taxes before the deadline.

“It was never brought up that there was this new law,” he said. “People were not talking about that.”

Teri Wambach, a manager in the county’s Tax Collector’s Office, told Krenzer in an email that he and other property owners were given information about the new rule when they signed up to appeal. It’s unclear why the county heard Krenzer’s appeal even though he hadn’t paid his taxes.

Other residents may face the same problem as Krenzer, said Palm Beach County Commissioner Steven Abrams, who chairs the county’s Value Adjustment Board.

He says state lawmakers should have allowed for more of a transition period. “This is concerning,” A The brams said. “But the legislature made the law. We didn’t.”

Sun Sentinel - May 14, 2012 –


Florida Real Estate

Low-ball offers don’t work anymore

When the number of home sellers grossly outpaces the number of buyers, no offer can be ignored, even if it’s 25 percent or more off the asking price. But in today’s rebounding market, those low-ball offers don’t often work. Many times, the potential buyer finds that they don’t get a counter-offer. And, in many cases, another more realistic buyer gets the home.

A low-ball offer – generally 25 or more off the asking price – allows buyers to see if they can land a great deal, even if they’re willing to pay more. In a survey last year conducted by the National Association of Realtors® (NAR), one in 10 respondents cited low-ball offers as a concern. According to real estate columnist Kenneth Harney, a NAR survey conducted in March and not yet released found that almost no one complained about low offers.

When the number of listings outpaced the number of buyers, many potential homeowners submitted a shockingly low offer on the theory that they had nothing to lose. If the seller balked, most would still counter with something below their asking price. Today, however, offers close to the asking price – or even beating it – will probably come in fairly quickly from someone else if a home is priced correctly in the first place.

Even buyers who still want to low-ball an offer on a home many times switch tactics after they lose a property or two to a more aggressive buyer.

Florida Realtor Marnie Matarese works with J Wood Realty in Sarasota. She told Harney that fewer buyers want to low-ball an offer in her area, but they still come in – mainly from out-of-state or out-of-the-country people who have read about the state’s foreclosures and short sales. That news, however, is old – it has not kept up with reality in many areas.

Matarese says some people still insist on making a low-ball offer, but that she doesn’t mind. “You can’t blame a buyer for trying to get a good deal,” she says.

In some cases, a seller isn’t offended by a low-ball offer, but their counter-offer shaves only a little bit off their original asking price. An Olympia, Wash., real estate agent had a $150,000 offer for a $250,000 listing, according to Harney. But after the dust settled and the seller shook off his irritation, he and the buyer agreed to $230,000.

Harney closed his column with this advice: “Rolling low-balls at sellers may have been an effective approach between 2008 and early 2011. But in 2012’s environment – at least in rebounding markets – it could be counterproductive if you truly want to buy.”

From FloridaRealtors.org – April 23, 2012 –


Miami Real Estate News

Sunny Isles Estate News

Searching for Florida properties for sale?

Are you looking for that relaxing, beach-side resort or do you prefer luxury condominiums in South Florida ? Are you looking for a family friendly South Florida condo for sale? Among the best South Florida locations, Sunny Isles Beach real estate is one of the most coveted. Numerous buildings, a long stretch alongside the beach, provide many great options of Luxury Waterfront Condos in Sunny Isles Beach. Some outstanding buildings: The Acqualina Condos, which is considered as one of the highest quality properties in Sunny Isles Beach. at 17875 Collins Avenue. The Jade Beach and the Jade Ocean, upscale construction, wonderful architecture, brand new waterfront Sunny Isles Condos. The Trump Royale, the Trump Palace, the Trump Sonesta, and the three new Trump Towers at the South end of Sunny Isles Beach are great options. The Pinnacle with a very distinctive silhouette, on 175th St. and the beach, was for a long time a Sunny Isles landmark, famous for its elegance and luxurious condos. The Millenium condominiums, built in 2000, at Collins and 187th Street. On 173th Street, the Ocean Four, recently completed, is the last of a series of luxury condo buildings in Sunny Isles. The Ocean Two and Ocean One condos, at the very North end of Sunny Isles Beach, are a favorite of luxury beachfront condos buyers. Specially Ocean Two with great amenities and common areas. Ocean Three, a few yards down Collins Avenue, on Sunny Isles Beach, are the next of the series. Turnberry Ocean Colony on 160th Street and Collins are considered by many as the top of Sunny Isles Luxury Condos. The property is right on Sunny Isles Beach, and its amenities and luxury are second to none. We should also consider the Oceania series of buildings, of which some are right on the beach in Sunny Isles, and some across the street and facing the intracoastal canals. On 167th Street and Collins, La Perla Condos provide a good option of Sunny Isles Waterfront properties. Sands Point Condos, at the same location are also beautiful beachfront condos. On the lower price range, the Porto Bellagio condos, the King David condos, the Ocean View Condos, the Ocean Reserve; the Winston Towers at 174th Street and Collins, Arlen House Condos, are more affordable alternatives of Sunny Isles Beach properties. The Poinciana townhomes on the water are a favorite Sunny Isles Beach real estate option. Other South Florida condos near the beach, can be easily found in cities as Aventura, Hollywood Beach, Hallandale Beach, perhaps the Beach Club Condos in Hallandale. Have you narrowed your search down to luxury condominiums to Miami Beach Real Estate? Did you think about South Beach Properties?
Owning a condominium in the Miami Beach area will place you near the famous South Beach area and it world-famous restaurants, bars, discos, Lincoln Road, and Ocean Drive. Luxury condominiums can be found for sale at Millionaire Row, Indian Creek.
Great condo buildings can be found at North Bay Village, a 10 minutes drive from the Beach.
If you would like to be a little closer to Bal Harbour and its famous Bal Harbour Shoppes, you can find many new, as well as well maintained condo buildings in Bal Harbour at now much affordable prices. Bal Harbour Condos on the beach include some newer buildings such as the One Bal Harbour condos, or the venerable Balmoral Condos, all marble and space, with some great Bal Harbour apartments with wonderful water views. The New Harbour House condos, which are a condo conversion, are the result of gutting a rental building and converting it to a condominium community. Driving South of Bal Harbour, Surfside Real Estate is in a coveted location, with good walking traffic, restaurants and stores, as well as its Surfside condominium buildings right on the beach, such as the Waverly Condos, the Champlain Towers Condos, three attractive buildings, right on the sand. A new condo building, the Azure Condominiums, is an good alternative.
Other Surfside Condos to mention: The Wave Condos, the Manatee Condos, the Spiaggia condominium building, which has been completely gutted and redone. Surfside offers a small town setting which also includes some older Surfside single family homes. South of Surfside, Nobe condominiums can be a good alternative. Nobe or North Beach is an area alongside the ocean, with a stretch of restaurants and entertainment places, blending with the North Beach condo buildings. Luxury Miami Beach condos are an exciting blend of modern and old rehabilitated buildings.
The Blue Diamond condos and the Green Diamond condos, the Fountainebleau condos, the Canyon Ranch condominiums, and many other Miami Beach condo buildings are some of the newer Miami Beach condo developments. Great opportunities are waiting for you since the turn of the market has brought to the market many Miami Beach real estate opportunities, Miami Beach foreclosures and Miami Beach short sales.
If you go further South, you will be able to choose between the older, but now affordable condos in South Beach, or if you can afford it, the high-class condo buildings such as the Continuum condos, the Apogee condos, the Murano at Portofino condominiums, the Icon South Beach condos, the Setai condos, the Il Villaggio condos.
Traditional buildings at the cozy location called Belle Isle are an affordable yet wonderful option in South Beach real estate. Close to Lincoln Road and South Beach lively environment, you will be right at the center of the action, living in an affordable Belle Isle condo. We can present you with different alternative of foreclosure deals, short sales opportunities but, in general, motivated sellers constitute some of the best South Beach real estate buying opportunities.
Florida Condominiums for Sale as an Investment . Florida is one of the premier retirement areas in the world. With its temperate climate, variety of Atlantic and Gulf shore beaches, and plethora of pleasure activities, no wonder it's such a desirable place to own a piece of South Florida Real Estate.
Planning your retirement? It is never too early! Do you see retirement a long way down the road but want the security of owning a vacation villa in an upscale environment like in the Sunny Isles Florida area near Aventura?
Owning your own South Florida property will give you the security of knowing there is always a place for family vacations awaiting you. Amidst your busy life, think of how hassle-free your next vacation will be. No more booking those reservations months in advance or trying to find just the right lodging at the last minute or around peak holiday season. Hallandale Beach Condos can also be a great refuge, with all these entertainment venues, such as the Gulfstream race track and Casino, the new Village at Gulfstream, the shops at Diplomat Mall, restaurants for all tastes and budgets, the beach and the stunning views on the intracoastal waterway, the proximity to Aventura Mall and Downtown Hollywood.

Renting Your Luxury Condominium in South Florida

Owning your own piece of Bal Harbour, Florida real estate will give you the option of using it for you and your family when you choose or renting it to some of the millions of tourists streaming to Florida. You can choose either to be in charge of the advertising and renting details or hire a real estate management company to take care of the details for you. Weighing the pros and cons is important. You will take home more profit being in charge of the vacation villa rental yourself but you will also have to deal with the worries that go along with rental properties. Putting yourself in charge, however, will give you the ability to negotiate deals with your customers and will also allow you to offer specials of your choosing at the best price.
It is important to keep in mind whether it's allowable to rent your property when purchasing your condominium. Be sure you ask that question when searching for condominium ownership in Hollywood Florida. It is known that owning real estate is a top investment solution; Location, location, location is the key to escalating value. With the constant influx of new residents and tourists to the South Florida area, your question about location has already been answered.

Luxury Condominiums in Aventura

So, you’d rather not take the plunge to own a Florida condominium just yet. That’s alright. Some people could choose to rent first which will give you great insight into location and market. Looking for condominiums to rent in all these attractive areas will produce many results. You will have many options from which to choose, all of which can place you near Disneyworld and other major and lesser-known tourist activities. Along with the various opportunities to rent, Aventura Condos and Sunny Isles Beach Condos can offer wonderful opportunities.
Other similar locations are abundant in South Florida, such as Hollywood Beach Condos, Miami Beach Condos, Hallandale Real Estate and South Beach real estate, and all spots in between within easy driving distance to great beaches, shopping areas, and outdoor activities. Check www.condo-southflorida.com, for other good opportunities in Sunny Isles Beach, Hallandale, as well as the possibility of purchasing Aventura real estate. This could be a great choice since Aventura with its famous Aventura Mall, its restaurants, movie theatres, will always be a favorite.

Sunny Isles Beach presents both level of luxury condos close to the beach. Located on the East Side of Aventura, alongside the beach, Sunny Isles Condos are a blend of brand new luxury condo buildings, and lower-priced beautiful buildings across the street or just a couple of minutes walk to the beach.
Bal Harbour Condos, with the exception of a few new Bal Harbour condo buildings, are mostly in great buildings from the 70's which preserve all their grandeur and luxury, right on Bal Harbour Beach. Surfside Condos give you the opportunity to live in a small city, which has preserved their most beloved wealth, which is the beach. Surfside condo buildings are limited in their height. Surfside streets are friendly and you will notice that it is more of a walking city. Whatever your choice, buying or renting Florida condominiums, you will never regret the once-in-a lifetime opportunity now that prices are at a very low level.


North Bay Village Real Estate News

Bernanke: Mortgages still too difficult to get

Even creditworthy borrowers are finding it difficult to get a mortgage nowadays, and it’s unlikely banks will ease their standards anytime soon, Federal Reserve Chairman Ben Bernanke told a banking conference in Chicago Thursday.

While banks have made huge strides in improving their balance sheets and overall lending – such as for credit cards and auto loans – banks continue to be extra cautious when it comes to issuing new mortgages, he said. Even borrowers coming with a 20 percent downpayment on a home purchase may face hurdles unless they have stellar credit, he said.

“A return to pre-crisis lending standards wouldn’t be appropriate,” Bernanke said in referencing how banks, prior to the housing crisis, issued mortgages with little or no documentation on jobs or incomes. “However, current standards may be limiting or preventing lending to many creditworthy borrowers.”

The challenges of getting a mortgage have been cited by real estate professionals and economists as one of the biggest obstacles standing in the way of a full housing recovery.

An estimated 10 to 20 percent of creditworthy homebuyers are locked out of the housing market because of tightened credit conditions, U.S. Housing Secretary Shaun Donovan told Reuters.

From Realtors.org - May 14, 2012


Miami Beach Real Estate News


Find Aventura Condos

5 States With the Most Underwater Mortgages

About 22 percent of home owners nationwide are considered “underwater,” owing more on their mortgage than their home is currently worth, according to recent CoreLogic data. Some states are seeing a higher number of underwater mortgages than others too.

Many of the states with the highest number of underwater mortgages also had some of the biggest housing booms a few years ago, before prices plunged.

24/7 Wall St., in analyzing CoreLogic’s fourth quarter 2011 data, recently profiled the states with the highest number of underwater home owners.

1. Nevada

Percentage of underwater households: 61.1%

Drop in median home values since housing peak:60%

2. Arizona

Percentage of underwater households: 48.3%

Drop in median home values since housing peak: 47.9%

3. Florida

Percentage of underwater households: 44.2%

Drop in median home values since housing peak: 44.8%

4. Michigan

Percentage of underwater households: 34.7%

Drop in median home values since housing peak: 30.1%

5. Georgia

Percentage of underwater households: 33%

Drop in median home values since housing peak: 26%

From Realtors.org 0 March 15, 2012


Miami Real Estate News

Miami's BrickellHouse condo launches

Newgard Development's BrickellHouse has officially launched, with the $170 million project at 1300 Brickell Bay Drive set for a groundbreaking in the second quarter of 2012.

The project includes street-level office, restaurant and retail space, with the Meat Market Steakhouse signed on as a tenant, the eatery's second location in the Miami area following the opening of its flagship space in Miami Beach.

The 374-unit development has signed on Cervera Real Estate as its brokerage. "The BrickellHouse launch comes just as the availability of premium residential product expires and savvy buyers are looking to make their next move," said Alicia Cervera Lamadrid, the managing partner of Cervera Real Estate.

November 08, 2011


Sunny Isles

has seen drastic changes in less than a decade. Once a long strip of motels, built in the 50's, it is now home to magnificent high rise Sunny Isles Beach condos. Almost overnight, shops, cafes, restaurants, have made Sunny Isles a fashionable and coveted location. Large condominiums, built in the 70's, such as Winston Towers, Plaza Americas Condos coexist with the new giant structures: Ocean 1, Ocean 2 Condos, Ocean 3, Ocean 4, the Pinnacle Condos, Turnberry Ocean Colony, Acqualina Condos, The Jade Ocean, The Meridien Condos, Millenium Condominiums, The Trump Palace, Trump Towers, Sands Point Condos, Sayan Condos, are just a few in the growing Sunny Isles Condos' skyline. More affordable but still very good options are La Perla Condos,The King David Condos, Porto Bellagio; across from the beach, the Coastal Towers, Arlen House Condos.

In Fort Lauderdale

some new developments draw out attention. Alongside the New River, the River Grand is an example of posh living. Traditional luxury features, such as expansive social areas, lavishly decorated, billiard ad card rooms, fitness center, blend well with state-of-the-art elements, such as floor-to-ceiling windows, large terraces and balconies, marble and granite generously spread on floors, kitchens, and baths. The Nu-River Landing condominiums attract a younger crowd with modern appearance and architecture, a wonderful roof-top pool area, basket ball courts, and the electronic gimmicks you could ask for as far as high-speed internet, central controlled air conditioned, modern gyms, executive rooms and more. Las Olas Riverhouse is another notable venue on the River, as well as the gorgeous riverfront Symphony Condominiums building. If we want to talk top high-end properties, the Harbourage Place, in Harbor Beach is the place to be. I also like Il Lugano condominiums, a new construction, with boat slips, a boaters' paradise. The two L'Hermitage condo buildings, right on the beach, are some of the most desirable options in Fort Lauderdale real estate.


Hallandale Beach Real Estate Information

Mortgage To Lease: Bank Of America To Offer Rentals As Foreclosure Alternative

03/23/12 - NEW YORK — Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners.

The "Mortgage to Lease" program, which was launched this week, will be available to fewer than 1,000 BofA customers selected by the bank in test markets in Arizona, Nevada and New York.

Participants will transfer their home's title to the bank, which will then forgive the outstanding mortgage debt. In exchange, they will be able to lease their home for up to three years at or below the rental market rate. The rent will be less than the participants' current mortgage payments and customers will not have to pay property taxes or homeowners insurance, the bank said.

"This pilot will help determine whether conversion from homeownership to rental is something our customers, the community and investors will support," Ron Sturzenegger, legacy asset servicing executive of Bank of America, said in a statement.

Among requirements to qualify for the program, homeowners must have a BofA loan, be behind at least 60 days on payments and be "underwater," owing more on their mortgages than their homes are worth.

The bank based in Charlotte, N.C., said it will at first own the homes, then sell them to investors. If the program is successful, it could be expanded to include real-estate investors who buy qualifying properties and keep the occupants on as tenants.

"If this evolves from a pilot into a more broadly based program, we also see potential benefits from helping to stabilize housing prices in the surrounding community and curtail neighborhood blight by keeping a portion of distressed properties off the market," Sturzenegger said.

Foreclosure tracking firm RealtyTrac says foreclosure activity has picked up in some states, as banks deal with a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims. Nevada has the nation's highest foreclosure rate as of last month, with one in every 278 households in the state receiving a foreclosure-related filing, twice the national average, according to RealtyTrac.

Arizona ranks third behind California, while New York has not been as hard hit, with one in every 4,604 households receiving a foreclosure-related filing.


Among the most luxurious

Hallandale Beach Condos, and Sunny Isles Condos

As an Aventura Realtor and a Hallandale Realtor, I usually recommend the Beach Club as a great option. A new condominium complex right on Hallandale Beach, it consists of 3 buildings right on the sand, on 9 acres and 800 feet of ocean frontage. Tremendous amenities make the difference at the Beach Club in Hallandale. 7 pools, great direct ocean views from the large deck areas, a restaurant, a wonderful spa, a professional two-story gym, modern social areas, the Beach Club Condos are full-service buildings.
Residents of the Beach Club in Hallandale love the overall atmosphere of a world-class beach resort. Beach Club One and Beach Club Three Condos are twin 44- floor structures. Beach Club Two, with 51 floors has some of the best water views. In general, most of the units have either ocean or intracoastal views. As a Beach Club Realtor, I recommend you to check inside the Beach Club Condo units, how top brands appliances, European style kitchens and bathrooms, hurricane-proof windows, complement the overall value.

In Hallandale

the three La Mer Condo buildings and the Parker Plaza , right on the beach, have been superbly remodeled. The four Hemispheres buildings on both sides of Ocean Drive are known for a busy social life at the pool deck. The Parker Plaza and Parker Dorado have been partially renovated and are affordable options. The Malaga Towers Condos are a well kept luxury complex on Hallandale Beach. 2080 Condos on the beach attract many foreign buyers. Speaking new construction, the BEACH CLUB is the outstanding value: At the Beach Club you will find great amenities, and beautiful oceanfront pool decks. Their main spa (they have three) is stunning. Wide open ocean and intracoastal views through their floor-to-ceiling windows and glass doors. The 2080 Condominiums in Hallandale are a relatively new construction. They offer nice condos right on the beach, and a balance between luxury and affordability. A few blocks away from the Beach, at the Diplomat Shopping Center, the new DUO twin towers are a great addition to Hallandale Condo market. On the Intracoastal canals, at Three Islands and Golden Isles Drive, consider older but affordable and well maintained buildings such as Oceanview Tower Condo, or the Olympus complex. Golden Isles is a waterfront community of luxury million-dollar homes, most of them with a dock and ocean access. Golden Isles is a great option for boaters who need ocean access; a good location at the limit between Broward and Dade, close to Aventura, Gulfstream Racetrack and Casino, convenient entertainment and shopping areas.

South Florida Foreclosures & Short Sale Information

Plan would boost rates for new Citizens customers

New customers joining Citizens Property Insurance next year could see rates increase an average of 30 percent compared with this year, the Miami Herald reported.

Policy holders in some areas could end up paying twice what a neighbor pays for the same home.

Citizens is studying the controversial plan amid concern about the amount of liability Citizens represents to the state. The state has capped increases for policy holders at 10 percent a year.

The Miami Herald - May 16, 2012


Hollywood Beach Condos

have always been very popular with Canadian snowbirds. There are several condominium buildings in Hollywood, Florida, either on the beach side of Ocean Drive, or across the street, facing the Intracoastal Waterway. Can we mention on this side the Allington Towers condos, the Hallmark condos. On the beach side, right on the sand, let's mention The Wave condos as one of the well designed condo conversions on Hollywood Beach, as well as the Tides Condos, and the Residences of Hollywood. The Quadomain condo towers are also affordable buildings. The luxury developments of Diplomat Residences Condos, and Ocean Palms Condos and the Trump Hollywood appeal to buyers seeking the best options close to the Hollywood Broadwalk. A special mention to the Ocean Palms condos, a new luxury Hollywood building. Right on the Broadwalk, practically on the sand very few but deserving your consideration are buildings as La Playa Condos, or the Baker Tower condos.

Conveniently located in Hallandale, Golden Isles is a gated community of 304 single family homes. Most are waterfront lots with deep water docks, on wide canals, and easy access to the Ocean. Amenities in Golden Isles include a park, tennis center, playground. For boaters, Golden Isles waterfront homes are some the best choices in Florida. Golden Isles offers a family neighborhood with superbly landscaped homes, many with beautiful architectural designs. Golden Isles is a short distance from Haulover Cut, and easy access to both Ft. Lauderdale and Miami airports. Aventura Mall is a 5 minutes drive, Hollywood Circle with its dining and entertainment venues, Gulf- stream Racetrack & Casino, Mardi Gras Dog Track/Casino, the shops at Diplomat Mall, are exciting options. And of course: Hollywood Beach boardwalk and the cafes and bars on the intracoastal you can reach by car or with your boat and sip a drink while watching a magnificent South Florida sunset.

What is exactly my function as a Florida real estate agent?

Essentially matching buyers with their ideal property. Taking account of age, motivations, way of life, and many other considerations, I must make sure that my client will effectively enjoy living in his Florida property. Regardless of the potential of investment gains which are an important factor, if I know that my client will use the Florida Condo or Florida home only as a Florida rental property, I will direct him differently than another client who is primarily looking for a South Florida vacation home or Florida vacation condo. The education of my real estate clients starts by giving them a chance to discover within all South Florida real estate locations, what better fits their needs. Not only bargain price are essential; Florida Real Estate Agents should always make sure that their clients will enjoy their new home, or if it is a Florida Investment Property, make the most of their new South Florida Property to maximize their future profits or income generation. Showing my clients the tremendous quantity of real estate South Florida Realtors are offering through the Florida MLS system on my website, I make sure buyers of South Florida real estate will get the most valuable MLS information. While I assist my clients with their Aventura real estate needs, I always try to locate the best Aventura Condos or Aventura Homes. Sunny Isles Condos and Hallandale Condos are also on the top of my priorities. Choosing an Aventura Condo, or some luxury Sunny Isles Beach luxury condo without the help of a South Florida area specialist is not the best recipe for success.
Investir a Miami - Agent Immobilier Miami
Henry B. Nathan is an experienced Hallandale Realtor and Sunny Isles Beach Realtor, and has a great knowledge of both Dade County real estate and Broward County real estate. Since I am strategically located in Hallandale Beach, I will of course enlighten you with the best Hallandale real estate opportunities; especially the magnificent Beach Club Condos in Hallandale. And at the same time, I can show you the best Hollywood homes for sale, or Hollywood Beach Condos


United Realty Group - Henry B. Nathan is a specialist in Foreign Buyers.
If my client is a seller looking to sell his South Florida Condo or South Florida home, I can offer him the most advanced technology and methods, and an outstanding exposure to get his South Florida Condo or Home on the market in the shortest delay, conveniently displayed to the largest quantity of South Florida property buyers.

Although I specialize in Hallandale Florida real estate, I can assist my clients with any and all of their needs in the South Florida area. Prices kept their descending tendency during 2008 and beginning of 2009, in Miami real estate, as well as Miami Beach Real Estate. In Brickell Short Sales and Brickell Foreclosures, there are many great opportunitiesWhy not make the most of the present buyers' market? I can search on your behalf all of the South Beach real estate for sale, as well as Surfside real estate, to find the best deals in South Beach foreclosures and short sale propertie. With prices being reduced so quickly, not only Miami Beach real estate sold as short sale or foreclosure is attractive; Very often, we are finding motivated sellers of South Florida real estate who understand the buyer's market and are ready to negotiate incredible opportunities to purchase real estate in Miami.

I am constantly educating our customers on the fact that they should not assume that real estate in Sunny Isles is best purchased as Sunny Isles short sales or a Sunny Isles Foreclosures. South Florida Short sales and Foreclosures situations could have many pitfalls. I have seen buyers locate Hollywood-Florida properties and Hollywood Beach real estate situations where a seller wants to cash in the small equity still available in his property, and is just not in a distressing or foreclosure condition. Many South Florida oceanfront properties are being gradually absorbed by out-of-town buyers taking advantage of this once-in-a-lifetime-opportunity to own an oceanfront luxury condo in South Florida. Even new homes in Pembroke Pines, or homes in Weston, or Coral Springs homes can be acquired in the same manner. The best real estate in Aventura will not usually be a foreclosure property, but motivated sellers with Homes for sale in Aventura . In Sunny Isles Beach, we have noticed the same pattern. And so many great Sunny Isles luxury condos, on the beach, or across the street from the beach are being sold at prices often half of what they were a couple of years ago.

FORECLOSURES AND SHORT SALES IN SOUTH FLORIDA. Many of our international and domestic clients are asking about Hallandale real estate and Hallandale short sales opportunities; as well as real estate in Aventura and Aventura foreclosures. While it is true that a buyer's market has created a substantial amount of inventory in the form of both short sale properties (properties in which the home value is less than the outstanding mortgage loan.) and foreclosures, this does not necessarily mean they are a good buy. However, they constitute a good field for a search of South Florida foreclosures and South Florida short sales.

Of course, the condition of the property is an important factor. Imagine a seller who is almost sure to end up losing his condo. It often happens that the property is neglected during these long months of uncertainty. No money will be invested by its owner and repairs will be reduced to a minimum. It's not as often as you imagine, but homes could sometimes be deliberately damaged or stripped of accessories and appliances. These are issues that affect the marketability of the property; and while they have to be factored in when presenting an offer for a South Florida Short sale, they can also be a great negotiating asset. Banks do not want to invest a penny in a distressed property. Therefore, many prospective buyers will refuse to even consider a property where they would have to invest time and money to fix and repair. That will automatically limit buyers presenting offers. And a smart real estate investor knows that for every dollar spent repairing a home, he might get a reduction of two or three dollars in the purchase price. In all cases, if you are shopping for a South Florida short sale you better be prepared to be patient. If you are in a hurry or have limited resources, most short sales are not going to work for you.

They typically require far more effort on the part of all parties involved and can be very cumbersome and frustrating. In the Sunny Isles Beach area there are many Sunny Isles Beach Condos going through this process right now. They range from Luxury waterfront condos in Sunny Isles, luxury homes in Golden Beach, Waterfront homes in Golden Isles, to Miami Beach or South Beach Condos. The economic downturn has affected homeowners in all parts of South Florida and at all price levels. I try to recommend that our clients look to purchase homes that are not South Florida short sells but great values directly from motivated sellers. These are usually the best prospects for finding great Hallandale Real Estate, and good values in all South Florida real estate. If you think you might be a candidate for purchasing a short sale property or a foreclosure please let me know. I have a good experience in both selling and buying these types of properties in Aventura and Hallandale, as well as Fort Lauderdale and Hollywood Beach.


Sunny Isles Beach Real Estate News

Sunny Isles Beach Real Estate for Sale

Renovators do more with less

Glitzy is out and comfy is in as Americans take a simpler approach to home renovation.

With real estate values still in the doldrums, people are seeing their houses less as investments and more as, well, homes. Since they’re staying put, they’re taking on targeted – rather than extreme – makeovers aimed at livability.

Home remodeling is expected to pick up and post solid growth in the second half of this year, making 2012 a robust year, according to the remodeling futures program at Harvard University’s Joint Center for Housing Studies. Driving the market will be midsize kitchen and bath projects, maintenance work and energy-efficiency upgrades.

In fact, unlike a few years ago, Americans are now spending more on remodeling than on new construction, says Stephen Melman of the National Association of Home Builders. He says they’re moving less now than at any time since World War II, so they’re thinking less about the resale value of a remodel.

“They do it, because they want to. That’s a major change in the psychology,” he says.

Yet with home-equity loans in short supply, many Americans are paying cash for renovations, so their projects tend to be smaller and focused.

“Everyone is value-oriented,” says Debra Toney of Three Week Kitchens/Baths in a Week, a remodeling firm with offices in Denver and Texas. “They’re just more cautious,” she says, citing their willingness to pick basic appliances rather than Sub-Zero refrigerators and Wolf ranges.

More consumers, 61 percent, said it was important to get the most bang for the buck last year than did so, 56 percent, in 2010 and slightly more said they’d spend extra time looking for bargains, according to a reader survey released in February by Better Homes and Gardens magazine.

The survey found consumers are most interested in style upgrades to countertops, flooring, faucets and fixtures, followed by general maintenance, decor updates, efficiency and home organization.

“I suggest people try simple changes first,” such as new light fixtures or paint colors, says designer Stephen Saint-Onge, author of No Place Like Home (Wiley). He recalls a couple in Manhattan who wanted to gut their condo, but after he moved their furniture around for a few minutes, they saw new possibilities and a less extensive makeover.

Informality reigns

A cultural shift may be afoot as a response to the Great Recession.

“There’s a shying away from being ostentatious,” says architect Sarah Susanka, co-author of Not So Big Remodeling (Taunton Press). She sees this even among people who have little reason to worry about finances.

“The trend we keep seeing is a move from formal to informal living,” says Jerry Levine, president of the Washington, D.C.-area remodeling firm Levine Group Architects & Builders. He says his high-end clientele, who spend an average of $240,000 on renovations, want spaces to be comfortable, not fancy.

Take Sherry Hiemstra, for example. When she remodeled a 2002 duplex in the nation’s capital, she shrank the luxury kitchen (it took over half the first floor) and added windows to the dining area to bring in more light and views of the holly-rimmed patio walkway.

“We wanted something that was very comfortable and met our lifestyle,” she says.

“Before, it was curb appeal, showiness and keeping up with the Joneses,” says Duo Dickinson, author of Staying Put: Remodel Your House to Get the Home You Want (Taunton Press).

Now, he says, Americans are going back to the future as they try to create permanent, family homes that reflect who they are. “The house is the most direct mirror of your personal values,” he says. “When people renovate to change their lives, they waste money,” but when they renovate to improve how they already live, they benefit.

Levine agrees. Before a project starts, he says, “It’s really important for homeowners to know what’s bothering them about the house.” He says if they can’t identify the problem, they may not find the right solution.

What are homeowners seeking?

• Outdoor connection. Dickinson says the single biggest overall trend is homeowners craving to be connected to the outdoors, via larger windows, decks or porches.

“Since the advent of smartphones and laptops, people have found their visual focus is about 1 foot away,” he says, adding they need a release from that. “Homes are more permeable. We have many more garden designs than before.”

• Vegetable gardens, too. Many homeowners are indulging their outdoor craving, and the push to eat local, by creating a homestead that grows food and – in some cases – even raises livestock.

• Livable kitchens. “The kitchen is the new living room,” says Dickinson, so he says Americans want cushioned seating at the counter or in a built-in banquette. He says homeowners also want the kitchen to multitask as a recycling center and a spot to recharge laptops. He says they’re shifting from wall cabinets, which can block views to a living area, toward walk-in pantries for storage.

• More open floor plans. Many homeowners want kitchens that connect not only to a living room but also to a dining area and the outdoors. “They want more light and openness,” says Richard Loosle of Kube Architecture, a Washington D.C.-based firm that remodels many row houses.

• Togetherness. With this open-living core, there’s “a return to togetherness, a countertrend to the 1990s, when everyone fled the great room,” said Jill Waage of Better Homes and Gardens at an International Builders Show presentation in February. “Now we’re flocking back.” She says Wi-Fi and headphones allow individuals to remain in the same room while doing different activities.

• Smaller master baths. Kitchens may be opening up, but many master baths are shrinking. “We’re doing away with spa tubs. We’re reclaiming that space for larger showers and vanities,” says Josh Baker of BOWA, a high-end remodeler in the nation’s capital. He says his clients now focus more on quality, timeless finishes and less on size.

• Better use of space. Rather than expanding their living space, homeowners are looking to reconfigure existing space to make it work better. Readers surveyed last year by Better Homes and Gardens said they wished for a home with an average 1,856 square feet – down from 1,914 square feet in 2010.

• Energy efficiency. “Windows, insulation and doors were the 1, 2, 3 for energy efficiency” upgrades requested by clients in the last quarter of 2011, says Melman of the National Association of Home Builders. A close fourth was more efficient heating and cooling, or HVAC, equipment.

“Show me the money” is what Connecticut-based architect Dickinson hears from clients about green renovations. He says consumers want retrofits, as long as they pay for themselves within 10 years.

Federal tax credits for more efficient doors, windows, roofs and HVAC systems expired in December, but they remain in effect through 2016 for solar panels, geothermal heat pumps, solar water heaters, small wind turbines and fuel cells.

• Mudrooms or “drop zones.” “Mudrooms have burgeoned in size,” Dickinson says, as Americans seek to reduce clutter and bring order to their homes. He says those who don’t have the space for a mudroom are asking for a basic “drop zone” to put shoes, etc.

• Universal design. As Baby Boomers age, they’re seeking to stay in their homes by building wheelchair-accessible ramps, wider hallways and step-free showers.

Such universal design ranked as the fifth-most-popular feature in kitchen remodels and the third in bathrooms, according to a fourth-quarter 2011 survey of consumer interests by the American Institute of Architects.

“You have no idea what your life will be like at 80,” Susanka says, so she recommends people do the “sensible things” such as making doorways at least 34 inches wide to accommodate a possible wheelchair and having space on the main level that could be used as a bedroom and bath.

• Remodeling apps. Dozens of smartphone and iPad apps, some free, are available to guide homeowners. Houzz offers more than 325,000 photos of homes and landscapes, and DreamHome shows the works of professional designers. Sherwin Williams’ ColorSnap and Benjamin Moore’s Color Capture allow users who provide a photo of something they like to find a paint to match its color.

From USA-Today – April 23, 2012 –


South Beach Real Estate Information

The one number to watch for a housing recovery.

If you're waiting for home prices to go up, then you're missing signs the troubled housing market has finally turned around.

FORTUNE – Over the past few months, many economists have concluded that that the U.S. housing market has reached a turning point and is healing. This may sound hard to believe, since home prices have continued their downward trend. In 2011, prices fell by 4% following nearly a 30% decline since the property bubble paeked in June 2006. They ended the year at a 10-year low.

Indeed, prices aren't likely going to rise for a while. But this might not necessarily mean the housing market isn't on the mend. Perhaps we're looking at the recovery all wrong, says Paul Dales at Capital Economics. In a report to clients recently, the economist said higher prices won't be the sign that tells us there's a real recovery under way. Rather, the recent pick-up in sales is what we should pay attention to.

After all, prices tend to be a lagging indicator. It could take six months for any improvements to show in the market, if not longer.

"Even if the asking price is at the right level when the home is first listed, it may still take a few months to find a buyer and another month or so before the contract is closed," Dales wrote to clients last week. "The selling price that is registered at the end of this process therefore relates to the market conditions somewhat earlier."

Sales have risen recently, reaching a few milestones.

In 2011, existing home sales climbed to 4.26 million – higher than the 4.19 million sales in 2010. Needless to say, this is far below the market's peak of 7.1 million sales amid the housing boom in 2005. But it's worth noting that for the past two years, sales have crept up from the market's low of 4.1 million sales when the market collapsed in 2008. In particular, in the past six months, total homes sales have risen by 13% as borrowing costs for home mortgages continue to fall to record lows and investors making up the bulk of sales find opportunities in heavily discounted properties after foreclosures and short sales.

And a series of home sales data released later this week is expected to show that home purchases probably climbed in February to their highest level in nearly two years, according to forecasts in a Bloomberg survey. Sales of new and previously-owned properties combined are expected to rise to an annual rate of 4.93 million – the strongest since May 2010, and up from 4.89 million in January.

The evidence reminds us that perhaps we should change our expectations of what a housing recovery might look like, particularly following a crisis marked by record foreclosures and a financial crisis that sent the economy into one of the deepest recessions. The recovery we have been anticipating is defined more on the rate at which the glut of vacant properties comes off the market as opposed to any steady rise in prices, which some think won't happen for another few years.

The inventory of unsold homes has dwindled, falling in January to 6.1 month's worth of supply – its lowest level since March 2005. A supply of six months is generally considered ideal for a healthy housing market, but there continue to be several headwinds at play that could weigh down prices.

The most immediate threat is the $25 billion settlement that federal and state officials recently reached with five banks to end investigations into abusive foreclosures practices. The agreement, which had stalled pending foreclosures nationwide for more than a year, will probably add more properties into the market. Dales at Capital Economics estimates additional 3 million homeowners might succumb to foreclosure over the next few years.

And then there's the longer-term threat to prices, which some experts say could arise when the Federal Reserve raises interest rates later. The inevitable move could potentially make the cost of home purchases more expensive relative to stagnant incomes.

So if anyone is looking at prices for signs of a recovery, it's likely that they'll miss it.

From cnn.com – April 2, 2012


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