Condo Profile: Jackson Tower

Jackson Tower Condos for Sale



Jackson Tower Condos
Fort Lauderdale, Florida

 

Jackson Tower is a 124 unit, luxury high-rise condominium situated between the Atlantic Ocean & intracoastal waterways in beautiful Fort Lauderdale, Florida.

Jackson Tower is a popular destination for buyers searching for a combination of luxury and an ideal Ft Lauderdale Beach location to call home.

 

Jackson Tower
Ft Lauderdale
 

There are currently 6 condos for sale at Jackson Tower ranging in price from $649,000 to a spectacular 5,000 sq ft penthouse with sweeping ocean & intracoastal views for $2,900,000.

 

Oversized balconies are a key feature at Jackson Tower, as the ocean & intracoastal views are a relaxing backdrop and a perfect way to entertain or to spend some time relaxing. The amenities at Jackson Tower include valet parking, a 50' heated pool with ocean and intracoastal views as well as a state-of-the-art fitness center.



Pricing Your Fort Lauderdale Area Home to Sell

Fort Lauderdale Homes for Sale

Pricing Your Fort Lauderdale Home........to Sell

The selling price of your home is best determined by current market value – what buyers in the local Fort Lauderdale market are willing to pay.

The best way to judge market value and ensure you get the best price is to obtain a Comparable Market Analysis from your Real Living Sales Professional. This analysis of homes in the Fort Lauderdale area includes those that are currently on the market, expired from the market, pending a sale or already sold. The best indicator of your home's value is the sale price for similar homes in your area that have already sold.

The comparison is based on several factors, including the proximity to your home and the similarity of characteristics, such as lot size, square footage and number of bedrooms and baths. Since the goal is to obtain a balanced market view, you and your agent will look at four basic groups:

• Current listings to identify "the competition."
• Recently sold homes to indicate what buyers are willing to pay.
• Homes with a sale pending to point to current demand for this type of home.
• Expired homes to suggest what buyers are unwilling to pay.

While your Real Living listing agent will help you make sure you are taking into consideration the most appropriate details, be sure to avoid the urge to price your home based upon considerations that don't affect market value, such as:

• How much money you need to purchase your next home.
• How much you paid for your home.
• How much you paid for home improvements.
• The value of a similar home in a different community.
• Area appreciation statistics.
• The cost to build the same home today.
• Personal attachment.

Contact a Real Living Sales Professional to get a free, professional Comparative Market Analysis to find out how much your home is worth. It's the first step to making sure your home is priced to sell!

What’s the Best Time to Sell My Home?

Real Living Infinity
Fort Lauderdale, Florida

What’s the Best Time to Sell My Home?

When's the best time to sell? The best time to sell your home is any time that's right for you!

Peak Season
Peak season varies from year to year and market to market. Early spring and early fall are thought to be prime listing seasons. That's when homeowners prefer to spend their time preparing their homes for sale; when the kids are getting out of school (or just going back). Homes tend to look their best outside of the heat of summer or the cold of winter (Fort Lauderdale's winter that is.)

If you decide to sell your home during a peak season in your area of Fort Lauderdale, there will be many more houses on the market competing with yours. You might have a tougher time making a sale, but it’s also likely many more buyers will see your home and make an offer.

Your Best Time?
Only you can decide when the best time to sell your home is. Keep in mind that your selling situation is unique. Let a qualified Sales Professional work with you through the steps to selling your home.

In the interim, here are some do's and don'ts for deciding when to sell:

• DO give serious thought to when would be ideal for you. Consider your family, your lifestyle and all the other happenings in your life.
• DON'T base your decision to sell strictly on the season. Or your mother's advice or your neighbor's, for that matter.
• DO spend time to prepare your home for sale.
• DO consider whether your area is in a buyer's market (with more houses for sale) or a seller's market (with more buyers than houses). You'll probably sell a bit faster in a seller's market.  Ask a Real Living professional, if you are unsure.
• DON'T forget to consider the buyer. Remember what attracted you to your home and figure out when's the best time to showcase that.
• DO talk with your agent about his/her thoughts on the timing of your home sale. He or she has an immense amount of experience and can provide wise and thoughtful insight.

And, if you find that you want and need some hard facts and figures to help you make your decision, ask for a Comparative Market Analysis. Using the data from the report (which includes attributes and selling prices of comparable houses that have been listed for sale, recently sold, or expired from the market), we can identify buying trends in your area. Together we can look at the data, talk about your choices and narrow your options until you've made a decision that's right for you.   www.rlinfinity.com

Condo Profile: L'Hermitage

Pool view at L'Hermitage

View from L'Hermitage Condo

L'Hermitage Condo
Fort Lauderdale, Florida

L'Hermitage Condominum is a twin, Luxury high-rise condo building located in sunny Fort Lauderdale, Florida.  L'Hermitage sits directly on the sand and has a resort style complex fully equipped with two pools, tennis courts, a cafe and pet parks.  Condos for sale at L'Hermitage generally range in price from $600,000 up to $4,000,000. Click here for additional information on L'Hermitage Condominium.  There are currently 29 units for sale at L'Hermitage from a 3/2.5 on the 3rd floor priced at $629,000 to a larger 3/2.5 located on the 10th floor for $1,299,000.

Smartphone app to help you find a parking space in Fort Lauderdale

Streetline
Parking-Fort Lauderdale

We know that there is just about an app for everything from buying a home to checking local traffic.  Why not an app to assist in finding a parking space? No, really.  A new smartphone app, released on Monday, can now assist in helping you find a parking space in Fort Lauderdale.  The sensor based system can even provide directions to the open spot and allows you to add money to the meter without even going to your car!! Genious!! 

The Fort Lauderdale pilot project covers 87 street parking spaces between Broward and Las Olas boulevards from Andrews Avenue five blocks east to Southeast Fifth Avenue. The area includes the Main Library, the Fort Lauderdale Museum of Art and campuses for Florida Atlantic University and Broward College.

Streetline uses wireless circular sensors placed in the asphalt of the parking spaces to detect when spaces are open or being used. The app also provides cost information and nearby parking garages. For information about the free Parker app, go to http://www.streetline.com/park

More renters think it’s time to buy

Survey: More renters think it’s time to buy

WASHINGTON – Nov. 9, 2012 – Americans show growing confidence that home prices will increase over the next 12 months, according to results from Fannie Mae’s October 2012 National Housing Survey.

At the same time, consumers expect an even higher surge in rental prices, suggesting that more renters may be motivated to jump into the real estate market in the coming months, survey authors say.

“This has been a year of steady growth in the percentage of consumers with positive home price expectations,” says Doug Duncan, senior vice president and chief economist of Fannie Mae. “Increasing household formation, encouraged by an improving labor market, is adding additional momentum to the housing recovery and putting upward pressure on rental price expectations. Expected increases in both owning and renting costs may encourage more consumers to buy and add further strength to the housing recovery already under way.” 

In October, survey respondents, on average, expected home prices to increase 1.7 percent in the next 12 months. The share who said home prices will decrease in the next year dropped to 10 percent – 13 percentage points lower than October 2011 and the lowest level since the survey’s inception in June 2010. 

In many sub-markets of Fort Lauderdale, monthly rents are comparable to mortgage payments even when including principal, interests, taxes and insurance. Of course, home prices are the key indicator of payment.  This makes home ownership more attractive especially when taking into account deductions such as mortgage interest & real estate taxes.   

Survey highlights

Homeownership and renting
• Consumers’ average home price change expectation edged up slightly to 1.7 percent.
• Ten percent of those surveyed say that home prices will go down in the next 12 months, a 13 percentage point decrease since October 2011.
• After a sharp drop last month, the percentage who think mortgage rates will go up rose 4 percentage points in October to 37 percent.
• 72 percent of respondents say it’s a good time to buy, while 18 percent say it’s a good time to sell.
• The average rental price expectation increased by 0.8 percent to 3.9 percent.
• 50 percent said home rental prices will go up in the next 12 months, a 3-percentage point rise over last month.

The economy and household finances
• The percentage who expect their personal financial situation to get better over the next 12 months remained level at 43 percent.
• 19 percent of respondents said their household income is significantly higher than it was 12 months ago, a slight increase from last month’s total of 17 percent.
• Household expenses remained stable over the past month, with 56 percent responding that their household expenses stayed the same compared to 12 months ago.

© 2012 Florida Realtors®

Condo Profile: Las Olas Beach Club Ft Lauderdale, FL



Las Olas Beach Club
Ft Lauderdale, FL

Las Olas Beach Club is a luxury high-rise condominium located on Ft Lauderdale Beach.  The building is located on A1A and residents enjoy ocean & intracoastal views.  There are currently 16 units for sale at Las Olas Beach Club which represents a low number based upon the total amount of units in the building.  Asking prices currently range from $850,000 up to $4,900,000 for the penthouse unit.  Unit # 705, which offers partial ocean views, is currently for sale and consists of 3 bedrooms plus a den & 4 bathroooms. Unit # 705 has 2,958 of interior square footage and has extensive balcony space as well. Contact us for a list of condos for sale at Las Olas Beach Club and their accompanying floor plans.  There are also 3 units under contract ranging in price from $825,000 up to $1,575,000. 

 

Las Olas Beach Club not the right fit for you?   Visit our online condo information center

by clicking here for additional luxury condos for sale in Fort Lauderdale, Florida.

 

Unit # 705 @ Las Olas Beach Club

Unit # 705 @ Las Olas Beach Club



Faster short sale guidelines start today!

WASHINGTON – Nov. 1, 2012 – Starting today, Nov. 1, 2012, new short sale guidelines spearheaded by the Federal Housing Finance Agency (FHFA) go into effect. The new rules impact all mortgages under the federally controlled Fannie Mae and Freddie Mac.

One part of the change allows a handful of the nation’s larger mortgage servicers to approve a short sale without needing Fannie or Freddie to sign off on it.

“We applaud the nation's mortgage insurers for committing to work with us and our servicers to help more borrowers obtain short sales and other foreclosure alternatives,” says Tracy Mooney, senior vice president, servicing and REO at Freddie Mac. “By paving the way for more borrowers to avoid foreclosure, today’s announcement will support the housing recovery and help reduce taxpayer losses.”

In addition to quicker short sale approval, other changes become effective today. They including new guidelines for homeowners hit by a financial hardship, moved by the military or held back by a home’s second mortgage:

• Borrowers facing an approved hardship don’t have to be delinquent.

• Service members with Permanent Change of Station orders have greater flexibility, including the elimination of back-end debt-to-income ratios or a cash contribution promissory note.

• Fannie Mae and Freddie Mac won’t pursue deficiency judgments in certain cases under new rules. Servicers will evaluate borrowers as part of the short sale approval process.

• FHFA gave servicers more consistent guidelines to process and execute short sales, and consolidate existing short sales programs into a single uniform program.

• Fannie Mae and Freddie Mac will offer up to $6,000 to second lien holders to expedite a short sale.