Parkland Parrot

Archive for August, 2010

Will Government Bring Back Homebuyer Tax Credit?

After the National Association of Realtors (NAR) posted a 27% decline in previously owned homes in the month of July 2010 hitting their lowest mark in almost 15 years, the President and the rest of the real estate public are thinking about ways to try and stimulate the real estate market.

We here at the Parkland Parrot Real Estate Team wrote an article back in May entitled: Calling President Obama! Bring Back Real Estate Homebuyer Tax Credit! The government should have continued to offer the first time homebuyer $8,000 tax credit in order to help boost the real estate market instead of letting it expire.

During the tax credit, the real estate market saw a huge surge in sales!  Earlier this year, we had over 12 pending contracts alone just from first-time homebuyers purchasing properties in Parkland, Coral Springs, Coconut Creek, and Margate.  Inventory was selling, especially short sales and foreclosures.  But, once the tax credit came to an end, potential buyers went back on their real estate fences.

Here in Florida, we are approaching an election year for Senate and Governor.  All major candidates including Governor Charlie Christ and Kendrick Meek both support reinstating the first-time homebuyer tax credit.  I just wish the government would open up the tax credit to ALL potential buyers.  If President Obama and the government are truly looking to stimulate the real estate market and shock some life back into potential buyers, NOW is the time!  With record low interest rates, even lower now than during the past tax credit periods, buyers would again start gobbling up homes in Parkland and many other South Florida areas causing prices to stop declining and inventory to go down.

This past weekend, HUD Secretary Shaun Donovan said on CNN’s “State of the Union” program, “The July numbers were worse than we expected, worse than the general market expected, and we are concerned. That’s why we are taking additional steps to move forward.”

Come On Mr. President & Congress!  It is time to take the necessary steps to seriously stimulate the real estate market for the long haul!

City of Parkland Awarded Top Honor For Kids Fitness

Another great reason to live in Parkland is the fantastic parks and recreational activities residents and their families can enjoy!  Today, many children do not get enough physical activity which has caused a growing number of child obesity in the United States.

Fortunately, the City of Parkland has taken giant leaps to combat this growing problem in our local area.  As a result, Let’s Go Play! Non-Profit Organization KaBOOM has names Parkland as one of only 118 “Playful City USA” Communities for the third straight year.  According to KaBOOM and a study conducted by Harris Interactive, 82% of parents believe children do not receive enough exercise.  Also, the National Survey of Children’s Health reports that 1/3 of all U.S. children are overweight or obese.  This shocking survey and statistic should cause parents to immediately take action and get their children involved in outdoor fitness activities.

Unfortunately, many parents have forgotten how important it is for children to play outside and stay fit.  Playing outside and getting involved with recreational activities also helps provide the youth with social skills needed to succeed in the future.  Also, providing children with more time to play will allow them to become healthier and happier and perform better in school.

Below, please find all of the Parkland Parks & Recreational Centers:

• Equestrian Center at Temple Park
• Covered Bridge Park
• Doris Davis Forman Preserve
• Pine Trails Park
• Terramar Park
• Liberty Park
• John Quigley Park
• YMCA Family Center At Pine Trails Park

As we start a new school year, we urge Parkland parents to encourage their children to participate in outdoor recreational activities in their schools and city.

Related Articles:

• Top 5 Reasons To Live In Parkland Florida
• Parkland Real Estate Home Market Update July 2010

Pine Tree Estates Mansion On Holmberg Road Under Contract

After over 5 years on and off the market, the Pine Tree Estates home that many Parkland residents pass on Holmberg Road, west of 441, is finally under contract.  This huge, oversized custom dream home sits on 2.5 acres and has a prestigious entry gate with a long pavered driveway  The home is under contract at 2,300,000.  It features 5 full bedrooms and 4.5 bathrooms.  This home has every bell and whistle especially a gourmet kitchen, resort style pool and spa, and prestigious stone columns and balconies.  The home was built in 2006 and is 7,404 square feet under air conditioning.

The home has been listed with several real estate companies and is currently a short sale listing.  The highest price it was ever listed at was $4,675,000 back in 2007.  It has been reduced 51% from it’s highest asking price.  Wow!  We will keep an eye on this sale and let you know what it eventually sells for.  Click here for more information on the Pine Tree Estate community

If you are interested in buying or selling real estate in Parkland or Broward County and are looking for experienced Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here.  After registering, you must activate the subscription in a followup email.

Our New Parkland Terramar Real Estate Listing

Parkland Terramar – Mill Run 3 Bed Lakefront Pool Home

We just listed a stunning and move-in ready home In Desirable & Affordable Mill Run Community In Parkland!  3 Beds / 2.5 Bath Lakefront Pool Home, Huge Master Bed w/Sitting Area & Walk-In Closet w/Lots Storage Space, Huge Master Bath w/Separate Roman Tub and Shower.

Spacious Kitchen w/Breakfast Area Overlooking The Pool And Lake, Accordion Hurricane Shutters, Pavered Driveway, Tile On First Floor & Laminate Wood Floors On Second Level, Great Opportunity To Own In Prestigous & Sought-After Parkland, Great School District, Safe Neighborhood & City, Must See!

This home is perfect for a first-time homebuyer looking to live in the City of Parkland and grow a family.  The neighborhood is also conveniently located across the street from Terramar Park and Downtown Parkland.
Asking Price: $300,000

Click Here For Complete Details & More Pictures On This Mill Run Listing

If you are interested in buying or selling real estate in Parkland or Broward County and are looking for experienced Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here.  After registering, you must activate the subscription in a followup email.

Finally A Resolution For Parkland Coyotes?

City of Parkland Hires Trapper To Catch Coyotes

The City of Parkland announced yesterday that the city has hired a trapper in order to finally catch the coyotes that are killing live stock and pets in non-gated Parkland neighborhoods: Cypress Head, BBB Rances, and Pine Tree Estates.

The trapper will identify the location of the coyotes and set traps that will be checked on a daily basis.  The trapper will begin setting traps on Monday and continue for a two-week period.  Hopefully, now that a professional trapper has been hired, the coyote problem will be rectified!  But, the city still recommends that all Parkland residents in the above mentioned communities be vigilant and avoid items that will attract the coyotes to their properties.  Hopefully, the trapper will be able to relocate the coyotes away from residential communities soon.

For more information from the City of Parkland, visit: Parkland Coyotes

Other Related Parkland Coyote Articles:
Parkland Coyote Ugly Continues
Coyotes Spotted In The City of Parkland Florida

If you are interested in buying or selling real estate in Parkland or Broward County and are looking for experienced Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here.  After registering, you must activate the subscription in a followup email.