Coconut Creek Real Estate News
Real Estate news for Coconut Creek, FL continually updated from thousands of sources.
Tuesday | via The Miami Herald
The median price for a single-family home in Broward County was $270,000 in September, flat with a year earlier, but the median for condos jumped 26 percent to $132,000, according to the Greater Fort Lauderdale Realtors. Sales volume of both single-family homes and condos rose by 8 percent in September from a year earlier. Comment?
Wednesday Oct 15 | via Business Journal
The housing market in Broward and Palm Beach counties both stand about where they did two years ago, according to a report from RealtyTrac. Comment?
Monday Oct 13 | via The Real Deal
From the South Florida website: New York Yankees outfielder Carlos Beltran found a buyer for his Weston mansion three months after putting the property on the market, The Real Deal has learned. Beltran and his wife Jessica sold the 3515 Windmill Ranch Road estate for $4.1 million, or $400,000 below the listed asking price, in a transaction recorded on Thursday, according to Broward County records. Comment?
Tuesday Oct 7 | via GlobeSt.com
Orlando, FL-based C NL Commercial Real Estate, Inc . and partner L ong Wharf Real Estate Partners of Boston have secured $38.2-million in short-term mortgage debt to refinance its 239,373-square-foot Sawgrass Lakes Center here. Comment?
Friday Oct 3 | via Broward-Palm Beach
For years, a giant hotel project has sat partially-finished on one of the most prime pieces of real estate in Broward County. The beachfront property located at 551 N. Fort Lauderdale Beach Blvd. was originally branded as a Donald Trump project but got tied up in financial problems and lawsuits. Comment?
24 min ago | via Business Journal
New data from CoreLogic shows the rate of Orlando-Kissimmee-Sanford area foreclosures among outstanding mortgage loans was 4.32 percent in August - the latest data available. That's a 3.59 percentage point decrease compared to the year-ago period when the rate was 7.90 percent. Comment?
1 hr ago | via Palm Beach Post
The annual Canadian Snowbird Outlook report from the BMO Bank of Montreal is still hyping Florida purchases for weather-weary residents, but warns that home prices are on the rise in the Sunshine State as well as other popular spots such as Arizona. Canadians are the largest foreign buyers in Florida and more than 500,000 currently own real estate here, according to the snowbird report, which was released this month. Comment?
Yesterday | via BlockShopper
Joseph R. Colletti and Gennaro Giulio Romano sold a three-bedroom, two-bath home at 15581 Dover Court, in Davie, to Ih4 Property Florida L. P. for $280,000 on Oct. 15. The 2,088-square-foot, one-story home last sold for $150,000 in July 2000. It is located in the Hawke's Bluff subdivision. Comment?
16 hrs ago | via Northwest Florida Daily News
Emerald Coast Association of Realtors member Judi Rutland was recently appointed as 2015 District 9 Vice President for Florida Realtors. Comment?
Yesterday | via The Miami Herald
When I saw the morning paper recently, I could not believe what I was reading: An endorsement for Charlie? I have known this Editorial Board to ask tough questions. Comment?
19 min ago | via Metro Times
A very intelligent piece in the Atlantic this week breaks down the problems in the Detroit area in a way few local news outlets would dare. It points out that a number of factors at play in Detroit are working together to push out longtime, mostly African American residents who've toughed it out through Detroit's worst times, all while a group of mostly Caucasian newcomers are showered with enticements and subsidies to move in. Comment?
22 min ago | via Business Journal
Foreclosure rates in metro Orlando decreased again in August, continuing several months of consecutive declines for the area. Comment?
24 min ago | via Business Journal
The U.S. housing market's run-up in prices may be coming to an end and stabilization returning to the market, reports U.S. News & World Report . Real-estate website Zillow said price appreciation has continued its slowdown in the third quarter, with prices going up 6.5 percent from the same period last year. Comment?
29 min ago | via The Columbian
It's a horrible feeling: You arrive home and discover that you lost your key. If only you had a spare you could use to gain entry. Comment?
32 min ago | via ThinkProgress
New York state's top financial regulator says one of the biggest mortgage servicing companies in America has continued to backdate paperwork in order to justify illegitimate foreclosures, more than two years after the widespread falsification of key foreclosure documents by financial companies was revealed and quickly resolved through a settlement with the federal government. New York Department of Financial Services Superintendent Ben Lawsky says that Atlanta-based Ocwen Financial Corporation has been sending letters to homeowners long after deadlines for renegotiating their mortgages had passed. Comment?
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