Parkland Parrot

29 Parkland Florida Homes Sold In March 2011

Parkland Real Estate Single Family Market Home Update For March 2011 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Square Feet
12790 NW 73rd Street	Regular Sale	Heron Bay / The Colony	$1,450,000	5/3.5	5,100
5667 Godfrey Road	Regular Sale	Country Acres	$800,000	5/4.5	4,811
6238 NW 74th Terrace	Bank Foreclosure	Pine Tree Estates	$750,000	5/4	4,567
12272 NW 72nd Street	Regular Sale	Heron Bay / Edgewood	$710,000	6/5	4,591
6720 NW 65th Terrace	Regular Sale	Pine Tree Estates	$685,000	5/4.5	4,072
6686 NW 63rd Way	Regular Sale	Pine Tree Estates	$680,000	6/3.5	3,495
6730 NW 101st Terr.	Regular Sale	Fox Ridge	$621,000	6/4.5	3,689
12661 NW 75th Street	Regular Sale	Heron Bay / Heron Isles	$620,000	5/3	3,300
7403 NW 124th Ave.	Regular Sale	Heron Bay / The Vistas	$618,000	5/3	3,433
7859 NW 111th Way	Regular Sale	Heron Bay / Greenbriar	$612,500	5/3	2,988
6450 NW 105th Terr.	Regular Sale	Fox Ridge	$558,000	5/4	3,378
7750 NW 120th Drive	Regular Sale	Heron Bay / The Greens	$520,000	4/4	2,661
7521 Bristol Lane	Regular Sale	Cypress Head	$516,000	4/2.5	2,842
10259 NW 62nd Court	Short Sale	Meadow Run	$485,000	5/4	3,185
6599 NW 97th Drive	Short Sale	Meadow Run	$424,250	5/3	2,627
7503 NW 113th Ave.	Regular Sale	Parkland Reserve	$435,000	4/3	2,320
6230 NW 105th Way	Regular Sale	Parkland Isles	$425,000	4/3	2,643
9461 Eden Manor	Regular Sale	Parkland Golf & CC	$420,000	3/2.5	2,900
6486 NW 71st Terrace	Bank Foreclosure	Pine Tree Estates	$425,000	4/2	2,591
10856 NW 66th Court	Short Sale	Parkland Isles	$419,000	4/3.5	2,815
7036 Spyglass Avenue	Regular Sale	Parkland Golf & CC	$388,100	3/3	2,452
6433 NW 110th Ave.	Regular Sale	Parkland Isles	$350,000	3/2	1,977
10997 NW 61st Court	Regular Sale	Parkland Isles	$366,300	3/2	1,977
11187 NW 65th Court	Short Sale	Parkland Isles	$350,000	4/3	2,550
9547 Cinnamon Court	Short Sale	Parkland Golf & CC	$290,00	4/3.5	3,503
10620 NW 83rd Court	Bank Foreclosure	Heron Bay / Creekside	$300,000	4/3	2,555
12359 NW 77th Mnr.	Bank Foreclosure	Heron Bay / Heron Cove	$320,000	4/3	2,280
6741 NW 80th Mnr.	Regular Sale	Mayfair At Parkland	$312,500	3/2.5	2,156
12335 NW 80th Place	Short Sale	Heron Bay / Banyan Isles	$220,000	5/3	3,342

There were 29 total single family sales for the month of March, 2011 ranging in price from $220,000 to $1,450,000. Last month, there were 33 total single family home sales. There were 4 less Parkland single family homes sold in the month of March, 2011 than in February, 2011. Among the March sales, 10 were distressed sales (bank foreclosures, short sales, or corporate owned properties). We have seen an increase in buyer activity in the Heron Bay community.  There were 9 total sales in Heron Bay for the month of March, 2011.  Buyers are seeing the many advantages of calling Heron Bay home for their families.  The resort-style amenities and great school district makes living in this community a priority.  Many younger buyers with small families are able to get great deals on Heron Bay homes.  Click here for more information on Heron Bay

Another community that saw an increase in buyer activity for the month of March, 2011 was Parkland Isles.  Parkland Isles is a stunning man-gated community with a gorgeous clubhouse and community pool.  There were 5 total sales in Parkland Isles for the month of March, 2011.  Buyers are also seeing the features and benefits of living in West Parkland.  Click here for more information on Parkland Isles

The Parkland Parrot Real Estate Team is pleased to announce that we represented a Pine Tree Estates seller and Parkland Isles buyer in the month of March, 2011.  We want to thank our readers of our website.  Our goal is to continue to provide the most up-to-date Parkland real estate and city information to the public.

It is important to work with an expert, local real estate agent that can provide you with a plethora of information on each and every community in Parkland.  As a result, you, as the buyer, will be able to make an informed decision on which community matches your family’s best interests.  When working with buyers, it is essential to find the right community first and then the right home.  Our website also provides all of the public and private school information on the left side of our site as well as information on the parks and recreational activities.

Every month on our website, we put together all of the Parkland sales. We know the importance of staying on top of the market and being aware of all of the sales.  If you would like to see home sales in the past months, please click here.

We know the numbers, we analyze the market, our clients make better decisions. If you are interested in buying 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.

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 follow-up email.

Parkland Parrot Team Just Listed Another Pine Tree Estates Luxury Home

6210 NW 63rd Way, Parkland, FL 33067

Parkland Parrot Realtor Michael Citron just listed another exclusive custom built Country-Style home in Pine Tree Estates.  This home was built in 2004 and offers  5  full bedrooms plus den and recreational room with 4.5 bathrooms.

Asking Price: $1,349,000
5,758 Square Feet Under Living Area

Click Here For Full Details, Pictures, Video & Google Maps Of This Property

This Exquisite Country Style Home Is Located In Parkland, Florida’s Sought-After Community: Pine Tree Estates.  The home offers 5 Bedrooms+ Den & Huge Game Room, and 4.5 Bathrooms.

This 3-Story Pool Home Is Located On Over An Acre Lot. This Home Features Magnificent Attention To Details & Excellent Craftsmanship, Custom Crown Molding Throughout, Walk-In Wine Cellar With Cherry Wood Cabinetry, Great Room Area With Wet Bar.

This Home Also Has Oak Wood Flooring & Slate Tile Throughout, Wood Burning Fireplaces, Mahogany Interior Doors, Huge Porch And Screened-In Patio, Fenced Backyard, Two Laundry Rooms, Huge Master Walk-In Closet And Much More.

Click Here For Full Details, Pictures, Video Tour & Google Maps Of This Property

For more information on our Pine Tree Estates Home at: 6210 NW 63rd Way, Parkland, FL 33067, please contact us directly at 954-609-0591.

We know the numbers, we analyze the market, our clients make better decisions.  If you are interested in buying or selling a home 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.

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 follow-up email.

Other Exclusive Active Listings:
Pine Tree Estates Key West Style Listing For Sale At 6332 N.W. 77th Terrace
Heron Bay The Colony Luxury Estate Home On Golf Course: 7190 N.W. 126th Terrace

Is Now The Best Time To Purchase A Home In Parkland Florida?

The Cost of Waiting for Parkland Home Prices to Fall

Many of our current clients are asking us when will be the best time to purchase a new Parkland home.  Many buyers are still sitting on the fence waiting for home prices to hit bottom.  Buyers want to have some assurance that they are purchasing at the best possible price.  The Parkland Parrot Real Estate Team agrees that home prices will continue to fall in 2011.  But, we disagree that waiting for prices to hit rock bottom is the best financial decision for buyers sitting on the sidelines.

It is imperative that any home buyer first speak with a mortgage professional.  Buyers should be more concerned about cost than housing prices.  Remember, you are not just buying a property, but paying a monthly mortgage payment.  As a result, cost needs to be on all buyers top list of concerns!  Your mortgage professional will tell you that the cost of a house is based not only on the price of the home, but on the current interest rates.

PRICES:

According to the National Association of Realtors (NAR), home sales increased by 15.4% in the 4th quarter of 2010 over the 3rd quarter of 2010.  NAR also highlighted in their research report that prices remained stable during 2010.

On-the-fence buyers probably feel good that they delayed their home purchase in 2010, as home prices certainly did not increase.  But, recent news shows that monthly payments have increased and will continue to increase in the coming months.

INTEREST RATES:

Freddie Mac recently released its Primary Mortgage Survey showing that current interest rates on 30 year mortgages was at 5.05%.   Vice president and chief economist for Freddie Mac, Frank Nothaft, stated, “Long-term bond yields jumped on positive economic data reports, which placed upward pressure on mortgage rates this week…As a result, interest rates on a 30-year fixed-rate mortgage rose to the highest level since the last week in April 2010.”

As a result, interest rates have increased dramatically over the past 90 days and will continue to steadily increase this year.  What does this mean for potential Parkland home buyers looking to pull the trigger on a purchase in 2011?

Let’s look at the chart below for emphasis:

By not purchasing a home in the last 90 days, a purchaser lost:

• $179.00 Per Month
• $2,147.00 Per Year
• $64,000.00 Over a 30-year mortgage term

BOTTOM LINE

Even if prices fall another 10% by the end of 2011, your monthly mortgage payment will increase if interest rates increase by more than 1% this year.  We are telling our clients not to worry as much as to where prices may go and instead be more concerned where mortgage interest rates will climb to later this year.  You do the math!

We know the numbers, we analyze the market, our clients make better decisions. If you are interested in buying or selling a home 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.

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 follow-up email.

Parkland Real Estate Home Market Update May 2010

Parkland Real Estate Market Home Update For May 2010 Presented By Realtor Michael Citron

There were 40 total single family sales for the month of May, 2010 ranging in price from $190,000 to $1,120,000.  Last month, there were 29 total single family home sales.

Sales momentum has continued, as more buyers are purchasing in the City of Parkland.  There were 11 more sales in May than in April!  Among the sales, 8 sales were in Parkland Golf & Country Club, and 14 sales were in Heron Bay.  With over half of the sales in May, 2010 in these two communities, Parkland is on fire!

We keep telling our perspective purchasers to get off the real estate fence and buy their dream home in Parkland as interest rates are down and prices are still at record lows!

If you are thinking about buying a Parkland residence and looking for a professional team of Realtors to help you throughout the entire buying process, then please call 954-609-0591.

Our website, ParklandParrot.com, is dedicated to Parkland Real Estate.  Here, you will also be able to find a plethora of information on Parkland schools, houses of worship, neighborhood information, city events, and much more.

Related Articles:
Parkland Real Estate Sales Up And South Florida Foreclosures Down
The Effect Of Increased Mortgage Rates On Parkland Real Estate?

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

If you are interested in buying or selling a real estate property in Parkland and need to speak with a Parkland Realtor or South Florida Realtor, please give us a call at 954-609-0591 or send a note to the squawk.

Parkland Real Estate Home Market Update April 2010

Parkland Real Estate  Sales Momentum Continues For April, 2010: 29 Total Single Family Sales

There were 29 total single family sales for the month of April, 2010 ranging in price from $260,000 to $1,060,000.

Great news is that Parkland continues to have more sales in the past few months than in 2009.  Last month, there were 35 total single family home sales. Other good news is that sales in Parkland Communities: Heron Bay and Parkland Golf & Country Club have increased making 2010 much better than 2009.

It is truly a great time to buy and sell real estate in Parkland.

We Know The Value Of Your Home. Do You?  Please give us a call at 954-609-0591 for a free comparative market analysis.  Let our FULL service, AGGRESSIVE marketing plan work for you!

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

If you are interested in buying or selling a real estate property in Parkland and need to speak with a Parkland Realtor or South Florida Realtor, please give us a call at 954-609-0591 or send a note to the squawk.