Tuesday, September 10, 2013

Parkland Florida & Coral Springs Florida Home owners will not sit on the Fence forever


Homeowners in Parkland Florida or Coral Springs Florida have seen their home values rise to  between 10 percent positive equity and 10 percent negative equity in their present homes these  account for 15-18 percent of all Parkland Fl and Coral Springs Fl  homeowners with a mortgage as of the beginning of September.
Heron Bay Home in oldebrook by Lea Plotking & Rubin Wites
Heron Bay 
This  pretty much mirrors  the nationwide home statistic.   In the cities of Parkland  Florida  and Coral Springs Florida  Florida the total active home  inventory is 401  single family homes.  In that number there are  38 active short sales and 20 active Foreclosures.  This is a very small number of underwater homes relative to past years. The prices in our northwest corner of Broward are steadily rising. You will be surprised at the values you can get today .  Call us 954-802-8451 or email us    for a Comparative market analysis of your home. There is no obligation.
Parkland  FloridaTotal active homes:164 with 53 of them listed  over 1 million
& 20 homes in parkland Florida  listed at over 2 million
In Coral Springs   there are 237 homes on the market with  6 of them listed at over 1 million.
Rates are historically still low and mortgage money is available.  There are strategies we have that will allow you to  buy a home and list your home for sale Call Lea & Rubin to find out more details. (954-802-8451)



"Nearly one in four homeowners in foreclosure has at least some equity, "giving them a better chance to avoid foreclosure without resorting to a short sale," Mr. Blomquist said.
"Steadily rising home prices are lifting all boats in this housing market and should spill over into more inventory of homes for sale in the coming months," said Daren Blomquist, vice president at RealtyTrac. "Homeowners who already have ample equity are quickly building on that equity, while the 8.3 million homeowners on the fence with little or no equity are on track to regain enough equity to sell before 2015 if home prices continue to increase at the rate of 1.33 percent per month that they have since bottoming out in March 2012." RealtyTrac. "

If you are planning on buying a home in South Florida or Selling one, the Team of Lea Plotkin and Rubin Wites, Realtors with Prudential Florida Realty ( soon to be Birkshire Hathaway Home Services )are the realtors you should speak to:  954-802-8451 or leaplotkin@gmail.com or Rwites@gmail.com

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