FORT LAUDERDALE, Fla. – June 24, 2010 – Gov. Charlie Crist traveled to South Florida today to ceremonially sign this year’s massive condo bill, SB 1196. The bill, among other things, exempts some elevators from code requirements, revises voting laws for condo associations, and makes changes to loss assessment coverage.
More here:
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=242134
Thursday, June 24, 2010
Thursday, June 17, 2010
Sales stats for May – current prices of beach real estate
This just in:
Residential real estate sales for the month of MAY in the following beach areas:
Indian Rocks Beach, Indian Shores, Belleair Beach/Sand Key
There were 43 sales, consisting of:
Condominiums- 26 sales
Single Family Homes - 13 sales
Townhomes- 4 sales
Average square footage = 1585
Average Beds/Baths = 2/2.5
Average list price = $455,081
Average sales price = $400,703
Sales price to List price ratio = 90%
Average Days on Market = 135
Number of properties that are on the beach side of Gulf Boulevard (NOT necessarily Gulf front views) = 24
High sale: $1,350,000 – Belleair Beach house- 4000+ sq ft
Low sale: $101,500 – Condo, Indian Shores
DISTRESSED SALES DATA:
There were 12 distressed sales, consisting of 7 short sales and 1 foreclosure (REO, Bank-owned)
NOW- get over to my website and check out my featured listings and you can see the latest foreclosure lists for FREE!
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