Fort Lauderdale Temporarily Halts Two Developments
On Tuesday, April 4th, The Fort Lauderdale City Commissioners delayed votes on two new major developments. The major concern was population density and how the new buildings will affect the neighborhoods. Bahia Mar Hotel-Marina Redevelopment The Bahia Mar hotel-marina site located a 801 Seabreeze Blvd is the home of the…
Wilton Manors Real Estate – March 2017
Inventory for single-family homes are still at low levels, although demand is still high and edging upward. Pricing for single-family homes in Wilton Manors are increasing but at a slower rate than surrounding neighborhoods. However, average and median prices are substantially higher in Wilton Manors than for similar sized homes…
Oakland Park Real Estate – March 2017
Trend continues to show higher inventory levels in Oakland Park for single-family homes. Both Average and Median Selling Prices are at higher levels than previous year. Inventory levels for condominiums and townhomes are about the same as in 2016. Prices for condos and townhouses continue in an upward trend, showing…
What is a Swale?
When land is converted from its natural state for urban development such as roads, homes, and shopping centers, many watertight or paved surfaces are created and rainfall cannot soak into the ground causing flooding. Swales help collect the runoff water, aka “stormwater”. What is a Swale? A swale is a…
Basic Improvements to Make on Your Fixer Upper
There’s always a lot of work that needs to be done when buying a house that needs updates and renovations. As someone who bought a foreclosed condo in horrible condition, I know first hand about the nervousness, inexperience and learning that goes into fixing up a property yourself. I found…
Fort Lauderdale Housing Market – February 2017
The drastic reduction in foreclosure & short-sale properties combined with lower inventory continue to drag down the overall single-family home market. Demand is still strong, resulting in a steady increase in pricing. In February, there were 66% fewer foreclosure sales and 35% less short-sales than last year. Traditional closings compared…