High Expectations for South Florida Real Estate

stefanlevine Real Estate Leave a Comment

Experts report that we are past the bottom of the market and Florida cities are expected to rebound quickly.- Stefan      Home values rise for first time in 5 years By Les Christie @CNNMoney July 24, 2012: 5:16 AM ET Home prices nationwide have hit a bottom, and home values are finally on the rise. NEW YORK (CNNMoney) — Home prices …

Luxury Apartments come to Abacoa!

stefanlevine Real Estate 10 Comments

  Confidence in construction continues in Palm Beach County! – Stefan       Posted: 5:58 p.m. Wednesday, July 25, 2012   New development would cut 1,100 parking spaces from Roger Dean Stadium View Larger Lannis Waters The empty field used for parking just north of Roger Dean Stadium. By Bill DiPaolo Palm Beach Post Staff Writer JUPITER — — A vacant …

South Florida Home Values Improve

stefanlevine Real Estate 1 Comment

    Zillow is widely respected and referred to by real estate professional and sophisticated buyers and sellers alike.  While there are always discrepancies it is a valid benchmark for values.  – Stefan     Posted: 6:47 a.m. Tuesday, July 24, 2012   South Florida home values show ‘dramatic’ increase, but rollercoaster may not be over  By Kimberly Miller Palm Beach …

Short Sale Vs Foreclosure

stefanlevine Original , Real Estate 4 Comments

“Short Sale” and “Foreclosure” are two hot topics in South Florida Real Estate.  I wanted to discuss my view on what these terms mean, and how they impact both home buyers and home sellers in this market. Foreclosure: A Foreclosure is when the bank, lender, homeowner’s association or other vested party uses the courts to take legal ownership of a …

Mortgage Rates Drop Again

stefanlevine Real Estate Leave a Comment

Rates continue to drop as South Florida homes gain in popularity- Stefan Mortgage rates drop again, Freddie Mac says; 30-year at 3.53% Housing tracts in Aliso Viejo. (Marc Martin / Los Angeles Times ) By E. Scott ReckardJuly 19, 2012, 7:50 a.m. The average rate on a 30-year fixed mortgage hit another new low this week, dropping to 3.53% from 3.56% last week, …

Palm Beach County Home Sales Up!

stefanlevine Real Estate Leave a Comment

Interest in homeownership is on the rise! – Stefan Palm Beach County Home Sales and Prices up in June     by Kim Miller   June sales of existing single-family homes in Palm Beach County jumped nearly 14 percent from the same time last year as median prices increased 7 percent to $225,000. At the same time, inventory continues to …

Welcome!!

stefanlevine Real Estate Leave a Comment

This is the first post for my real estate related blog!  I’m going to focus on issues relating to South Florida real estate and insights into this market.  Please check in frequently and look for videos, articles and other valuable content!!   Stefan