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Archive for the 'Fort Lauderdale Homes' Category
The single most common question I am asked is, “What is happening with my homes value”? This is not always an easy question to answer because there are so many variables from home to home. There is good news for you if you live in the Broward County, area.
Courtney Silverman Real Estate Group has developed a new internet system that will give you complete information on what is taking place with the market around your home. This program gives complete details on homes listed, sold and value trends. The program offers the numbers in easy to view graph form and it is very detailed and specific to your home and neighborhood. You will even see a Google Earth view of your home and surrounding neighborhood. The best part is that this analysis is sent to you by e-mail and the updated for your monthly. You can take advatage of this great new system by visiting our web site at http://www.courtneysilverman.com/PageManager/Default.aspx/PageID=1628494.
We have 1985 homes for sale in Fort Lauderdale FL as of today. Sellers are asking from $28,500,000 to $24,900.
91 buyers got their contracts accepted. The prices the sellers were asking ranged between $1,995,000 and $19,900 when they received their offers. 53% of those contracts were written to purchase bank owned properties and 18% are going to negotiate the purchase with the seller and the seller’s lender(s) as a short sale.
55 properties were sold in Fort Lauderdale. They were priced between $2,700,000 and $28,000. This tells us there is over a 36 month supply of homes for sale in Fort Lauderdale as of February 2009, assuming no more homes are put on the market over that period of time.
Contact Courtney Silverman Real Estate Group to leverage your dollar in this market as a seller and as a buyer!
In early August property owners will receive a TRIM notice from Broward County. This notice will show what your property is worth (assessed value) according to the property appraiser. It also shows what your taxes will be for 2008.
Note the market value, the assessed value, just value and the Save Our Homes value. What do these mean? The 
market value is a meaningless number on homesteaded property. Just value is 85% of market value taken one year in arrears. The Save Our Homes Value will reflect the amount that your tax is based on if you have been in the homes for a few years and it is your homestead.
The assessed value is important to you. Ask yourself, “Could I sell the property for the assessed value?” If not, you will be paying too much tax!! What to do? File a petition with the Value Adjustment Board by September 19, 2008. This will give you the right to have a hearing. In the hearing you will have to prove your case. Show sales in your area that have closed prior to Jan 1, 2008. Sales should be similar in size, features and location to your home.The special master (appraiser hired by the County) will hear and consider your evidence. If you have had an appraisal done in 2007 for other purposes (estate, divorce, or mortgage) it can be used to support your case. Also, an agent, such as my business associate, Tom, can be hired to represent you at the hearing. Typically these agents work on a contingent fee basis (40 to 50% of the tax saving). This is a one time fee. If you need help or have questions please call: Thomas R. Wachtstetter ASA IFA, Certified General Appraiser RZ #451
A proposal calling for 6 properties (5 homes and 1 vacant lot) on the north end of the lake calls for de-annexing those properties in favor of Wilton Manors. This proposal comes after attempts to re-zone and re-develop Lazy Lake have failed.
One zoning proposal would let builders triple the village’s number of homes to about 45 single family homes.
Making this an issue at the state level will be setting a precedent encouraging other people in Broward unhappy with their cities to seek deannexation.
Lazy Lake is currently the smallest city in Broward County and the fifth smallest in Florida with 40 residents and 15 beautiful lakefront homes. Call Courtney Silverman 954-292-0743 about buying in this intimate community by Wilton Manors, FL.
The Feds made another drop in short terms rates yesterday. The Fed is desperately working to turn the nations economy around. The threat of recession continues to be driven by the poor national housing market.
Here in the Broward County markets of Fort Lauderdale, Weston, Davie and Plantation areas, we continue to have one of the best housing markets in the country. It is not the market that we enjoyed 2 years ago, but homes are still selling that are priced properly in the market. The average time on the market here is about 115 days. Courtney Silverman’s inventory are on the market less than 68 days before receiving a contract. There is around 18 months of total home inventory in the Fort Lauderdale, Weston, Davie and Plantation areas. Home price are sliding slowly.
Now is a great time to buy residential real estate.
If you would like to get an idea on what your homes value currently is, visit the web site www.CourtneySilverman.com. This site will allow you to enter in information on your home and then receive a market value analysis by e-mail. It’s always a good idea to get an estimate of your homes value, whether you are planning to sell or not.
Have An Awesome Week!
Courtney Silverman
The Rotary Club of Weston teams up with the City to put on this annual rock event. Last year I went with my family and we had a blast listening to the music with our friends after we enjoyed our picnic dinner.
This year the line-up includes current and former lead singers from 70s and 80s bands such as:
Felix Cavaliere- Rascals
Larry Hoppen –Orleans
Jimi Jamison – Survivor
Alex Ligertwood- Santana
Ronnie Hammond- Atlanta Rhythm Section
Rick Derringer
Plus Charlie Morgan on drums, Lane & Lance Hoppen, Jerry Riggs, & Barry Dunaway.
This year’s concert begins on Saturday at 7:00 p.m. at the Weston Regional Park - 20200 Saddle Cub Road, Weston.
If you like what you see, while you are visiting Weston, Florida, call Courtney Silverman 954-292-0743 or email her to request information about the great neighborhoods, homes and the Weston lifestyle the residents seek and found here.
Are you going to the Las Olas Art Fair this Saturday or 
Sunday, March 1st or 2nd from 10 a.m. to 5:00 p.m.?
Take I-95 exit east on Broward Blvd, go south on Andrews, east on Las Olas Blvd. You may want to park and use one of the free shuttles from the following garages:
Riverfront Garage - Andrews & Las Olas
City Garage - 150 SE 2nd Ave
Government Center Parking Garage - 151 SW 2nd Ave
The fair is located on historic Las Olas blvd in downtown Ft. Lauderdale from SE 6th Ave to SE 11th Ave.
If you are interested in the real estate home prices in the area or if a few properties catch your eye, call Courtney Silverman 954-292-0743 or email her and she will get you the information you need.
Have a great time!