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Archive for November, 2011

Heron Bay Parkland Homeowner Asked To Take Down 911 Flag

Heron Bay Parkland Homeowner Asked To Remove 911 Flag From Home

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Richard Wentz, a retired New York Police officer that lives in Heron Bay, was recently asked to take down his commemorative 911 flag from his home.  Wentz lives in The Fairways At Heron Bay community and was told by the association that he must remove the flag or risk being fined or possibly sued.  Patricia Favata, president of the The Fairways At Heron Bay Board of Directors, claims that neighbors have complained that Mr. Wentz is breaking the rules of the association that state that a homeowner can only have one flag on their property.  Mr. Wentz currently boasts two flags: one regular U.S. flag and another special flag for the victims of 911.

Wentz is a true American hero that ran into Tower 1 of the New York Trade Center and helped pull out people before the building collapsed. Wentz also lost 43 friends and colleagues that day, and the inside of his Heron Bay home is a shrine to the lives lost at the World Trade Center. Mr. Wentz now is fighting cancer, which he says he received from breathing in all of the particles and debris during the cleanup of Ground Zero.

I hope that Mr. Wentz’s fellow homeowners in the Fairways at Heron Bay come together and voice their concerns to the Board Of Directors on the treatment of a formed New York police officer and hero.  I am sure that everyone can come together and allow Mr. Wentz, as well as other Heron Bay homeowners, the right to display their support for the victims and heroes of 911.

I also want to let our readers know that the Parkland Parrot Real Estate Team has no affiliation with the Heron Bay Homeowner’s Association.  We have received several emails from Parkland homeowners, as well as people from around the country, voicing their concerns.  If you would like to contact the association regarding this issue, please call Benchmark Property Management at: 954-344-5353. Again, I hope that Mr. Wentz can keep is flag posted proudly in front of his Heron Bay home.  I look to the Fairways At Heron Bay association to allow him to keep the flag up and, if necessary, amend their rules and regulations regarding this issue.

Know the neighborhood. Know the value. Know your Parkland hometown agents: The Parkland Parrot Real Estate Team.  If you are interested in buying or selling a home in Parkland or South Florida and are looking for experience local Realtors, please do not hesitate to contact us at: 954-609-0591 or send us a message here

Parkland Soccer Buddies Celebrates 10th Anniversary

Parkland Charity – Parkland Buddies Celebrates 10th Anniversary

Last Saturday, November 12th, Parkland Soccer Buddies celebrated its 10th Anniversary at John Quigley Park (7901 Parkside Drive) It was a fun-filled day for the  entire family which included bounce houses, food and drinks, vendors, music, speeches and much more.

parkland-buddies-charityEach soccer buddy was paired up with a student from the local Parkland school district for the afternoon.  There were many volunteers that participated in the great event for the buddies.  Not only do students earn public service hours, but also learn great social skills by interacting with the buddies and their families.

parkland-florida-soccer-buddiesParkland Buddy Sports pairs special needs children and young adults, from all over South Florida, with student and adult volunteers in organized athletic programs.  There are other Buddy programs for other sports including baseball, basketball, tennis, running, and more. The program was started in 2002 by Jeb Niewood and his son Kevin.  Today, Parkland Buddy Sports has enrolled hundreds of special needs players from all parts of South East Florida.

parkland-buddies-charityFor more information, please contact Jeb Niewood at: 954-753-9430 or visit: ParklandBuddySports.com This is a fantastic charity, which I support.  I had a great time at the event and look forward to participating in future Buddy events.

Know the neighborhood. Know the value. Know your Parkland hometown agents: The Parkland Parrot Real Estate Team.  If you are interested in buying or selling a home in Parkland or South Florida and are looking for experience local Realtors, please do not hesitate to contact us at: 954-609-0591 or send us a message here.

Parkland Real Estate Agent Michael Citron Featured In Sun-Sentinel Newspaper

Decline in distressed homes helps housing market heal

 Del DeMarino (left), had to take less money for his Coral Springs home because of foreclosures and short sales nearby. His real estate agent Michael Citron is helping him deal with a difficult market. (Jim Rassol, Sun Sentinel / November 11, 2011)

By Paul Owers, Sun SentinelNovember 14, 2011

Some South Florida homeowners can sell their homes at a better price this year because fewer foreclosed properties are on the market.  “People hear that the market’s terrible,” said Judy Trudel, an agent for Balistreri Realty in Lighthouse Point. “But there are certain neighborhoods that are doing well.”  The values of some homes not in distress are stable, if not rising, real estate agents say.

Although foreclosures and so-called short sales still account for a large part of the region’s housing market, the numbers are declining.  Distressed sales made up 48 percent of all sales in October, down from 54 percent in October 2010, according to the Miami Association of Realtors.  In Palm Beach County, distressed sales represented 23 percent of all transactions last month, compared with 27 percent in October 2010.

Fueling the decline has been a surge in South Florida home sales that is helping shrink the available housing stock, including the number of properties in some stage of foreclosure. Those properties have weighed down the beleaguered housing market the past four years.  Weston’s housing market has been especially robust. There are only 10 bank-owned homes on the market in the entire city, said Chip Rowand, a broker for the Keyes Co. in Weston. Bidding wars are common there.  “The days of coming in 20 percent under asking price are gone,” he said.

Since President Barack Obama took office in early 2009, the upscale enclave west of Fort Lauderdale has led the nation with the highest increase in home values, according to one research firm.  The median value of a home in Weston climbed 15.1 percent to $280,000 from February 2009 to August 2011, according to a survey of the nation’s 1,000 largest cities by Zillow.com for Bloomberg Businessweek.  Other communities also are reporting positive price trends.

In the Shadow Wood subdivision of Coral Springs, Beverly Rothstein of the Christopher White Group listed for sale a four-bedroom home next to a run-down foreclosure.  Regardless, Rothstein’s client had an offer within a week for near the $305,000 asking price — even without a for-sale sign in the front yard. The deal closed last month.

Another of her clients, Erwin Sefton, sold his three-bedroom Coral Springs home in three weeks for $245,000. He’s moving to a new house near Boynton Beach that won’t be ready until January, and his only disappointment is that his house sold too quickly.  “Everybody I talked to said it would take at least six months,” said Sefton, 67.  With buyers attracted to affordable prices, sales of existing homes and condominiums have soared in 2011.

Palm Beach County easily will surpass last year’s total of 9,584 home transactions. Broward County already has eclipsed last year’s home sales total of 7,997. Condo sales in both counties this year already exceed the annual totals from 2005, the peak of the housing boom.  Lenders are starting to resume foreclosures that had slowed dramatically in the past year amid the “robo-signer” controversy.

Some real estate agents and analysts believe these imminent foreclosures make up a “shadow inventory” that threatens to hurt the budding housing recovery. Others are skeptical, saying the onslaught of foreclosed homes predicted for the past two years hasn’t happened yet and won’t be as bad as feared.  “Banks are handling the disposition of distressed properties better,” said Bill Richardson, president of the Realtors Association of the Palm Beaches. “I don’t think we’ll see any significant price deterioration from where we are now.”  But that doesn’t mean neighborhoods hit hard by properties in the foreclosure process won’t face price declines in the months ahead.

Del DeMarino wants to move closer to the ocean, so he put his four-bedroom home with a pool in Coral Springs on the market for $319,900. When he dropped the price by $10,000, he immediately had four offers. It’s now under contract for the asking price, and he expects to close next month.  There are dozens of homes in his Maplewood subdivision that are in or near foreclosure, said Michael Citron, his real estate agent. Without that drag on the market, DeMarino easily could have netted 15 percent more for his house, Citron said.  “The foreclosures and short sales are definitely still a factor,” DeMarino said. “You’ve got to price it right if you want to sell it.”

Copyright © 2011, South Florida Sun-Sentinel

Parkland Home Buyers-30 Year Mortgage Rates Drop Below 4 Percent

Parkland and South Florida Home Buyers Need To Take Advantage Of Record Low Interest Rates

parkland-mortgage-interest-rate-drop-floridaYesterday, Freddie Mac reported that the average 30-year fixed mortgage interest rates fell just below 4% for only the second time this year. Chad Wandler, a Freddie Mac spokesman, stated that these interest rates have not been this low for 60 years when long-term rates were recorded.

Freddie Mac stands for Federal Home Loan Mortgage Corporation, which is a government-sponsored entity first organized in 1970 to buy mortgages on the secondary market and help expand the availability of money for home loans.  Freddie Mac’s Vice President Frank Nothaft stated that,”Soft home prices and low mortgage rates have kept home-buyer affordability historically high.”

I have been professing that now is truly the best time to buy a home in Parkland or South Florida.  With interest being under 4% and home prices at record low numbers, what are you waiting for?  Sellers that have their Parkland homes on the market are serious about selling.  Now is the time to purchase a home in the City of Parkland.  What a great start to 2012 by owning a home in Parkland, Florida and living the Parkland lifestyle.

Search Current Available Parkland Homes For Sale

Know the neighborhood. Know the value. Know your Parkland hometown agents: The Parkland Parrot Real Estate Team.  If you are interested in buying or selling a home in Parkland or South Florida and are looking for experience local Realtors, please do not hesitate to contact us at: 954-609-0591 or send us a message here.

Related Posts:
Wall Street Journal and Forbes: It’s Time to Buy A Parkland Home
Should I Wait To Buy A Parkland or South Florida Home?
Top 5 Reasons To Live In Parkland Florida

Parkland Farmers Market Is Back

Fun For The Whole Family At First Parkland Farmers Market Of The Season

parkland-farmers-marketThe Parkland Farmers Market is back!  Every year, it gets bigger and better.  The first Farmers Market of the season took place this past Sunday, November 6, 2011.  The turnout was outstanding, as many Parkland neighbors came out to looking for fresh vegetables, homemade cookies, pies, and so much more.  There certainly was a lot of vendors selling everything from homemade guacamole dip to homemade honey.

parkland-farmers-market-eventsThis year, there were more things for the kids to partake in including bounce houses and pony rides.  The Parkland Farmers Market is one of many free events that the City of Parkland puts together each year.  There was also live entertainment and cooking demonstrations during the day.

parkland-fl-farmers-marketIf you are looking for fresh vegetables, crafts, and other homemade items, then you should not miss the next Farmers Market which is Sunday, November 20, 2011 from 9:00 a.m. to 1:00 p.m. at:

8350 Ranch Road
Parkland, FL 33067

For more information and complete details, click: Parkland Farmers Market

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

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