It wasn’t much, but Broward County’s median home price rose slightly in January — while Palm Beach County’s slipped.
Broward’s median price for existing single-family homes last month was $265,000, up 2 percent from a year earlier, the Greater Fort Lauderdale Realtors said Monday.
Broward sales dropped less than 1 percent, with 983 homes trading hands, compared with 989 in January 2014.
In Palm Beach County, the median price of $273,750 fell less than 1 percent from a year earlier, but sales rose 15 percent, to 1,037 from 905, the Realtors Association of the Palm Beaches said.
After robust increases in 2013 and early 2014, price gains have slowed to single digits in Broward over the past nine months, while Palm Beach County’s median has dipped year over year in five of the past six months.
But South Florida broker Stephen B. McWilliam said he isn’t worried, pointing out that values can’t keep shooting up without affordability becoming a major problem. Historically, home prices appreciate at 3 percent to 4 percent a year.
McWilliam insists the market is healthy and doesn’t foresee anything that would lead to a large, sustained downturn.
“There’s nothing occurring in the market to cause that kind of trauma,” he said.
Mike Larson, an analyst for Weiss Research in Jupiter, attributes the softening to early investors pulling out now that bargain pricing has largely disappeared.
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Deemed as Florida’s birthplace of speed, Ormond Beach population is rapidly growing as well. Find out why many are choosing Ormond Beach real estate properties.
Situated on the northern stretch of the gorgeous Daytona Beach, Ormond Beach enjoys a very wonderful year round climate with slightly cooler but less humid winters and warm summers. Although median housing prices are a bit higher than those in Daytona Beach, housing opportunities are plentiful in Ormond Beach real estate ranging from single to multi-family homes to beachfront premier homes and condos. Besides, great housing deals are also available in Ormond Beach area. Boaters and anglers alike will certainly find their place on the wide variety of beautiful riverfront homes along the Halifax River with boat ramps for easy access to the river. Overall, Ormond Beach exudes a vibrant coastal-feel atmosphere with lots of community fun fare, great restaurants, excellent school system, recreational activities and flourishing economy.
If you want great value for your housing investment, Ormond Beach real estate market is a good place to shop.
Ormond Beach is just north of Dayton Beach on the east coast of Florida and it offers a variety of different types of homes in which to purchase from historical to an estate to a condo. Ormond Beach city is an amazing place that has much to offer. Some of the perks are; premium shopping such as The Trails shopping center which showcases some finer shops not seen anywhere but a larger metropolitan area, easy access to the miles of beaches along the Atlantic Ocean and a variety of dining from the corner “seafood shack” to some of the finest restaurants in Florida.
Ormond Beach offers a variety of beautiful waterfront homes located along the river (ICW), beach and along one of the many lakes located in the area. Be very sure to visit the historical casements and memorial gardens while in Ormond. In addition, people can go for a drive down the spectacular roads of riverside. The Ormond Beach real estate is a great deal of investment in real estate, particularly in this area. If people want to view a stunning sunset every evening and wake up in the oceans in your backyard, then this is the right place for you that offer both. You can get hold of these properties with the help of a genuine and reliable real estate agent and purchase the dream home for yourself.
The real estate business has always been popular all around the world. However, some properties are more liked and famous than the other. This is so because of the great neighborhood, services, facilities, surrounding and various things that are needed to own a home in that particular place. One such popular place is Ormond Beach. This place offers all the above facilities and much more. Ormond Beach real estate property can be one of the best investment plans ever. There is a wide variety of amazing properties available in this area. All this can be done with the help of a real estate agent, who will guide and assist you in purchasing the best property that suits the individual needs.
A bank and a restaurant are set to be constructed next year.
More development is set for West Granada Boulevard, as the City Commission approved a development order on Dec. 2 allowing construction of a 12,000-foot business on the now-wooded property east of Seminole Drive and across the boulevard from Dustin’s Bar-B-Que.
The land owner is Paul F. Holub Jr., of 1301 West Granada Boulevard Investors LLC. Holub said on Dec. 1 that he has a contract with a bank, which would occupy the entire site, but he could not disclose the name of the bank at that time. Construction will probably not begin until the third quarter of 2015, he said.
The vote was the first reading and the second reading and final approval is tentatively scheduled for the commission meeting on Jan. 6.
The officials also approved rezoning the property from Low Intensity Commercial to Planned Business Development.
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Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
The results of their latest survey
- Home values will appreciate by 4.8% in 2014.
- The cumulative appreciation will be 23.5% by 2019.
- That means the average annual appreciation will be 3.6% over the next 5 years.
- Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 15.1% by 2019.
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.
Blog Post Courtesy Of www.keepingcurrentmatters.com/
One of the greatest things about investing in a luxury condo in Flagler Beach is that you end up having made the best investment of a lifetime. While luxury does come at a price you can expect to find Flagler Beach condos for sale at a reasonable price. The peaceful community located right next to Palm Coast is renowned for its condos that cater to the luxury market with ocean and river views that are to die for. No matter what your choice, you can enjoy the sunrise over the ocean and sunset over the Intracoastal from your balcony. While security, elevators, parking, and climate controlled storage areas, pools, and spas are common to most units, luxury knows no bounds when it comes to the interiors of every high end condo.
Baby Boomers have a great opportunity to find their retirement nest. This is the right time to look for the best Flagler Beach condos for sale. To celebrate your golden years you need to make sure your hard earned money is invested in the right place. In addition, you would want live in the lap of luxury without the hassles of maintenance, which is one good reason why you ought to consider a Flagler Beach condo. We have a choice of condos dotted along the oceanfront and riverfront. Our team has all the resources to help you close in the perfect condo to suit your style of luxury and make sure you end up with a profitable investment.
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Ponce Inlet is a charming coastal city located in Volusia County of Florida. The city has a rich history of development but the most important of all is the historic Ponce Inlet Lighthouse which stands tall and proud. It is America’s most complete and best preserved light station. For history lovers, the lighthouse serves as the major point of interest. The well-maintained lighthouse museum holds numerous historical treasures that will allow you to travel back in time.
If these aren’t good enough reason for purchasing one of the Ponce Inlet condos for sale then perhaps, the natural beauty and its unhurried lifestyle will be more intriguing for you. The city has, through careful planning and management protected itself from over-commercialization and preserved the natural character for which Ponce Inlet has been a major tourist attraction. Miles of open beaches offer excellent opportunities for relaxation, surfing, sailing and other water sports. In short, it is a place where life offers peace, privacy and warmth. So, make your decision today and buy yourself dream home from the assorted collection of condos that the city has to offer.
Follow This Link For More Information On The Ponce Inlet Lighthouse
Florida is a great place to call home and if you desire to own the best residential real estate then you ought to consider Palm Coast homes for sale. The well-planned city with an excellent infrastructure is where you will find many types and styles of homes including condos, single family homes, multifamily homes, and more.
Find Palm Coast Housing Information Here
One of the main reasons why families love to locate to the region is the homely and family environment that the city is famous for. Besides, the city boasts of some of the best golf courses, shopping, and fine dining.
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Palm Coast is close to major cities like St. Augustine, Orlando, and Jacksonville, so you will never be far from all the action. You will find Palm Coast homes for sale from under $150,000 to much more. However, you can be sure to earn a great return on your investment even if you choose to buy a vacation home.
There are numerous amounts of brokers and real estate agent in and around Florida. They will assist you in getting hold of the property of your dreams. If, in case you are searching for homes in Plantation Bay Golf and Country Club, then this is the right place to look for it.
You get two full-service clubhouses, broad inventory of town homes. Moreover, new homes for lease and sale, mature landscaping and around 45 holes of a contest golf, this 3,600 acre of established private golf community. It combines the appeal of price ranges, home styles and membership options along with the privileges of the gated country club.
The Plantation Bay Golf and Country Club is situated hallways amid Orlando and Jacksonville in the beautiful coastal town of Ormond Beach. Here the inhabitants enjoy the soothing warm weather all year round. They also have easy access to St. Augustine, Port Orange, Daytona Beach, and Interstate 95 and the other communities alongside the Atlantic coast of Florida.
Plantation Bay inhabitants also have easy access to the beautiful Atlantic beaches. This property is just around an hour away from Orlando. It is 45 minutes away from Jacksonville, 25 minutes away from St. Augustine and around 30 minutes away from Port Orange and Daytona Beach.
Palm Coast is lately hosting a number of luxurious homes for people, who had always been dreaming of coastal homes at affordable prices. From single family to condos, there are all kinds of homes available. Such homes are able to suffice the needs of all kinds of people. For Palm Coast Homes for Sale, you must first need to contact a suitable agent or broker dealing with such homes. They keep all important information regarding all the homes along Palm Coast you may be requiring.
Apart from scenic beauty and luxury, the Palm Coast Homes for Sale have another interesting thing to offer. The homes come at best price that can perfectly suit the budget of all mediocre families. Interested people may contact the agents for more details regarding the homes. The agents are equipped with the latest homes available for sale. They can even arrange for visit to suitable homes as per the choice of people. The agents also help through all the documents needed for purchasing and owning the homes. Contact details of real estate agents must always be searched from reliable sources like newspapers, magazines or simple internet sites.