Parkland Parrot

Archive for September, 2009

Jennifer Lopez and Marc Anthony Buy Miami Condo At ICON At Brickell

Jennifer Lopez and Marc Anthony Become South Florida Homeowners At Miami ICON At Brickell

Newely dubbed Miami Dolphins minority owners, Jennifer Lopez and hubby Marc Anthony recently purchased a unit at ICON At Brickell in Miami, Florida.  Anthony bragged about the couples new digs during an interview with People Magazine.  He added that once their unit is fully decorated and ready to hold the star couple, it will become “the sexist place in town.”

According to Luxist.com, the ICON at Brickell, designed by Philippe Starck, is a three-tower condominium complex that includes the Viceroy Miami Hotel.  Amenities include five restaurants, rooftop pool, concierge and valet services, along with multiple pools and spa and fitness center.  Maybe residents will be lucky during football season to catch a glimpse of JLO taking in the Miami sun at the rooftop pool?

The real estate word on the Miami streets from EWM Realtor, Kevin Tomlinson, is a little shocked that the celebrity couple would purchase in a condominium project with 1,800 people and only 30 units that have actually closed on.

The developer is currently trying to lease many vacant units in the project. Tomlinson adds that it will most likely take years for the ICON At Brickell to actually sell the majority of the available units! The verdict is still unknown how the star couple will react to living among tenants and a plethora of vacant units.

To stay updated with all of the current Parkland real estate information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.

AVOID 10 Biggest Mistakes When Selling Your Parkland Home

I spotted this video online at AgentGenius.com and thought that our Parkland readers would get a laugh while learning valuable real estate lessons when selling their home.  As much as it funny, I do hope that sellers listen to these important selling tips!

To stay updated with all of the current Parkland real estate information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.

30 Year Mortgate Rates Under 5% Again?

More Positive Real Estate News:  Mortgage Rates Under 5% Again

With the local real estate market starting to pick up, more good news from the homefront that interest rates are down at record levels again!

According to James Venney, a mortgage banker with Gibraltar Private Bank and Trust, mortgage rates on 30 year fixed loans have fallen under 5%.  Even more exciting that jumbo rate loan (loans over $417,000) restrictions have relaxed recently. Venney also points that buyers can now put down 20% and get a rate in the high 5% range.

James Venney also writes a great mortgage blog for the local South Florida market called: Juicy Estates

As a result of the drop of interest rates and especially the relaxed jumbo rate loans, this is all GREAT news for the Parkland real estate market!

Parkland price points are higher than most Broward County cities where buyers in the past were having difficulty coming up with the high downpayment requirements to get  jumbo loans.  If rates stay in the low 5%, we will have a strong finish in 2009!

To stay updated with all of the current Parkland real estate information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.

The Lazy Way To Advertise A Parkland Home

Lazy Parkland Listing Agents Equals No Sale

While Browsing Parkland properties every day for my clients, I can’t help but recognize many Parkland homes put on the MLS for sale by Realtors with crappy pictures, no room measurements, no virtual tours, and on and on.

Here is an active listing in Ternbridge Estates currently on the market for $1,300,000 with ONLY two pictures that you would need a magnify glass to see.  Is at least a $39,000 commission not enough of an incentive to hire a professional photographer to to place the 16 picture limit on the MLS and then 25 total pictures on Realtor.com? 

Imagine if you were the seller of this property!  How many potential buyers in the past 5 months that the home has been on the market are not even thinking of looking at this property?  Would you want to see this property by the way it is portrayed on the MLS & Realtor.com?  I think not!

If you are thinking about selling your Parkland property, make sure to keep track of your Realtor.  Ask for copies or links to all online and print marketing.  Make sure to properly interview the right agent for the job of selling your home!  Or else, you could be on the market for 5 months or more and be totally oblivious to why your home is not receiving any attention!   But, one bad apple doesn’t spoil the bunch.

To stay updated with all of the current Parkland real estate information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.

Inventory In Parkland … Now Is The Time To Call Us

Calling Parkland Residents!  If you have been thinking about selling your home, NOW may be the best time to sell!  With the real estate market starting to correct itself, inventory has plummeted in the last 6 months to record lows.  I hear through the real estate grapevine that Parkland buyers’ agents cannot find properties for their clients and are seriously getting frustrated making offers on homes that are already under contract or have multiple offers and over asking price offers!  My opinion is that this is GREAT news meaning that demand is starting to outweigh supply in Parkland and other neighboring areas in Broward County.

If you are considering selling your home or just want to be kept up to date on the value of your property, please give us a call at 954-609-0591 or email us at Info@ParklandParrot.com.

To stay updated with all of the current Parkland real estate information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.