Parkland, FL Real Estate News

By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
For home buyers in Parkland and nationwide, credit scores can change low mortgage rates and alter home loan approvals. Borrowers with high credit scores get access to lower mortgage rates, for example, and can find the mortgage approval process to be smoother than borrowers with low credit scores. If your credit score is low, here are some basic ways to help improve it. Get The Reports Download an updated version of your credit report from each of the three major reporting bureaus -- Equifax, Experian and TransUnion. The reports may mirror each other, but credit accounts -- especially derogatory ones -- sometimes don't appear on all three. Ordering reports from all three bureaus is a safety step. Note that the credit bureaus each use different scoring models so your credit scores will v...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month, posting a value of 47. The January 2013 reading is on level with last month, and remains at a near 7-year high. The Housing Market Index (HMI) is a measure of home builder confidence. HMI readings below 50 indicate "poor" new construction conditions for single-family homes nationwide; ratings above 50 signal "good" ones. Not since April 2006 has the Housing Market Index crossed into "good" territory, but the past two years have witnessed the HMI nearly triple; and the index is up from a reading of 25 just twelve months ago. Values would have likely increased this month, too, if not for builder uncertainty. The NAHB cites concern over prolonged legislative decisions as contri...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
If one of your New Year's Resolutions is to sell your Parkland home or Coral Springs home, there are a few simple steps you can take to help prepare it for showings. With a prospective buyer in mind, take a tour of your home, making a list of the good, the bad, and the not-so-bad. You may spot areas in need of major renovation; and areas which could benefit from just a basic touch-up. It's these latter areas which will likely yield the biggest return on your investment so, in preparation for making your home "buyer ready", consider these steps. Landscaping The first thing a buyer will notice is the outside of your home. Sometimes called "curb appeal", first impressions are very important to the sale of your home. Therefore, be sure to trim bushes, rake leaves, and clean up the yard in o...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
Some natural disasters can be forecast -- hurricanes, snow storms and, in some cases, flooding. Other disasters occur unexpectedly, such as tornadoes and earthquakes. As a homeowner or renter in Parkland , it's a safe idea to prepare for a disaster or an unexpected emergency. Every home should maintain a ready, working emergency kit for such a time. Here are some items to include in your home's emergency kit : Waterproof Container : Store items in a locking, plastic container Battery-Powered Radio : A small radio can receive weather updates and emergency broadcasts. Pack extra batteries, or use a hand-crank radio, instead. Light Source : Pack multiple flashlights and many spare batteries. LED flashlights are more expensive than "older" flashlights, but won't lose battery power as quickl...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
Full-scale bathroom remodeling can be expensive and, in today's Parkland & Coral Springs housing markets, you won't likely get all of the money back that you put into it at the time of sale. Knowing that bathroom projects tend to have a low return on investment, here are a few inexpensive changes which you can make to spruce up bathrooms in a home for sale. Fixtures Most sellers will notice if the fixtures in a bathroom are old, and it can have a negative effect on their view of your home. Buy a new set of bathroom fixtures at a home improvement store. Most stores have matching towel racks and bathroom tissue holders, too. There is a wide selection of stainless steel, wood or ceramic fixtures available at most stores. Paint A fresh coat of paint is a simple way to improve the overall lo...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
Experienced home sellers in Parkland & Coral Springs know that reaching a sales agreement with a potential buyer can be just the start of the negotiation process. There are often inspection issues to resolve, among other items. One particular negotiation point which can present difficulties for both buyers and sellers is when a home's appraised value falls short of its contracted sales price. Sometimes, this happens because the home's price was inflated. Other times, it's the result of a faulty appraisal. As a home seller, there are some common appraisal problems of which you should be aware. Here are some of them, and how to seek remedy so that the home sale process remains smooth. Inaccurate comparisons An appraiser will assign your home's value based on comparable properties and rece...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
Moving to a new home can be a difficult transition for everyone in the family, including the furry, four-legged members. Dogs and cats develop a strong bond with their environment so when they are relocated from their territory it can cause them stress. Here are some tips to ease your pets' transition to a new home : Keep Your Mood Calm Pets are very tuned-in to your emotions and will sense your mood. If you are stressed throughout the moving process, your cat or dog will pick up on this and it will make him anxious. Try to remain calm and give your pet plenty of attention and reassurance during the process of moving. Transporting Your Pet A few weeks before the move, introduce your pet to his pet carrier so that he becomes familiar with it. It will be much less scary for him to be tran...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
A simple way to save money is to improve your home's energy efficiency rating. For example, Parkland Florida home owners can save up to 9 percent per year on water heating costs simply by installing a water heater jacket. Water heater jackets are easy to install. Here's how you do it : First, before you go shopping, check whether your water heater is a gas model, or an electric one. Then, write down your water heater model number. Most water heater jackets list compatible water heater models on their respective packaging. Look for jackets with a value of "R-8". Then, as you start your project, be sure to turn the water heater off. Water heater jackets are pre-cut to make installation simple. Remove the outer packaging and separate the jacket's pre-cut pieces. There will likely be a top,...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
"Green" homes can be great for the environment and can save you money over time. For environmentally-conscious homeowners wanting to minimize their footprint and their energy bills, there are four areas upon which to focus. In-Home Energy-Efficiency According to the Environmental Protection Agency (EPA), as of December 2012, buildings account for 68 percent of the nation's total energy consumption. Green homes can reduce this figure via energy-efficient appliances; well-sealed, double-glazed windows; and good insulation. Alternative energy sources such as solar panels can also reduce energy use. Green Building Materials Building materials are determined to be "green" based on manufacturing, shipping, and reclamation procedures, and are composed of renewable resources. Reclaimed material...
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By Kathy Streib, Retired Home Stager/Redesign
Cypress Trail in Parkland Florida- This Luxury Home is a Must See!Room Service! Home Staging recently had the honor of assisting in the preparation for sale of this luxury home in Cypress Trail in Parkland Florida. Parkland Florida in Broward County is known for its parks and community-focused plans and zoning.  When Parkland was incorporated in 1963, there were no stores or traffic lights.  Now with a population of just under 24,000 there are not only traffic lights but also 9 parks, 5 Shopping Centers, and 5 “A” rated schools within its city limits.   Cypress Trail in Parkland has 31 custom built homes, ¾ acre homes, tennis courts and a jogging trail  This home has a beautiful view of the spa-like pool area, wet bar, vaulted ceilings and much more. 6981 NW 70th StreetParkland, FL Luci...
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If you are in the market for a well-priced home with an exceptional view, then one of the bank owned homes for sale in Parkland, FL may be an ideal solution for you. This area boasts a city layout that is considered to be park-like in nature. As a resident of Parkland, you would have access to many scenic walking and hiking trails, lush green golf courses, and some of the best real estate Florida has to offer. If you are moving with your family, Parkland offers its residents an eclectic list of family oriented activities such as, horseback riding, exploring local farmers’ markets, Everglades Airboat Tours, movies in the park and Barkland, Parkland's newly opened two-acre dog park. This ideal community has something for every member of your household! In less than an hour's drive, reside...
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  You have to see Bill Sohl's newly listed home at 6641 NW 63RD Court, Parkland Florida 33067 in beautiful Pine Tree Estates,  www.ParklandFlHomesforSale.com. This stunning one story home built-in 2007 has every bell and whistle!  With approximately 6500 square feet under air, this triple split floor-plan feels much larger with its volume ceilings and wide halls. On 1.67 acres, this magnificent home includes 5 full bedrooms and 5 1/2 baths, game room/home theater/6th bedroom & excersice room. The attention to detail and upgrades make this home fantastic. Solidly built from concrete, block and stucco, with Dade County approved impact glass windows, doors & garage doors, making this home very safe & efficient.  The handsome gourmet kitchen with 42" maple glazed wood cabinets, fine granite...
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Parkland, FL homes for sale have much to offer potential homebuyers. Known as an upscale area with excellent schools and a strong aesthetic, making it a beautiful place to live, Parkland is very family-friendly, and there is a variety of home prices available. Although there are some family homes with three bedrooms available in the low 200k range, including mostly condominiums, townhomes and the occasional single family home. Buyers will find that family homes of three or more bedrooms in Parkland will generally start in the low 300k range, and go upwards from there. In fact, it is in the $500,000 to $600,000 range where a wide choice of homes surfaces, nearly all of which are located in prime areas and feature many amenities. Find them all on www.ParklandFlHomesForSale.com. Included i...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
The process of buying a foreclosed home is slightly different from the process of buying a non-foreclosure home. If you want to invest in Parkland or Coral Springs foreclosures, it is important to understand the different ways by which to purchase a foreclosed home. There are three main ways to buy a foreclosed home. Buying before the auction Some delinquent homeowners may want to sell their homes before facing an actual foreclosure.In this instance, the homeowner, in agreement with the lender, agrees to sell the home for less than the amount owed on the mortgage.This is called a short sale. Short sales are "pre-foreclosures", of sorts. By broadening your home search to include short sales, you can identify homes that may be sold at a discount. Buying at the auction Another way by which...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, accounting for 19% of all residential home sales. In addition, pre-foreclosure sales -- also known as "short sales" -- climbed 22% on a year-over-year basis. For the first time since 2007, the number of short sales outnumbered the number of homes sold in foreclosure over three consecutive quarters. The average price of a short sale home fell by 5 percent as compared to a year ago which may reflect an eagerness on the part of mortgage lenders to dispose of distressed properties before they fall into foreclosure. Foreclosures can increase a lender's losses, and fore...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
Mortgage bonds worsened last week, moving mortgage rates higher. Economic news was mostly positive and the Federal Open Market Committee (FOMC) changed some of Wall Street expectations for future monetary policy. Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.32 percent nationwide for borrowers willing to pay an accompanying 0.7 discount points plus closing costs. The average 15-year fixed rate mortgage rate was listed at 2.66 percent nationwide with an accompanying 0.6 discount points plus closing costs. Both mortgage rates had climbed by week's end, however. Mortgage rates made their best levels Monday afternoon. Between Tuesday and Friday, mortgage rates in Parkland climbed. Also last week, the National Association of Homebuilders/First American Improving Mark...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
Last week's National Association of Home Builders/First American Improving Markets Index (IMI) brought positive news about U.S. housing markets and the broader U.S. economy, in general. According to the IMI, there are now 201 U.S. marketswhich can be considered "improving". To meet this standard, a local area economy must exhibit at least six consecutive months of improvement in terms of local employment, single-family housing permits and area home prices; and, at least six months must have passed since each of these readings were at their respective low points, called troughs. The Improving Market Index added 76 metropolitan areas in December as compared to the month prior. 45 states are now represented on the list, in addition to the District of Columbia. The cities deemed "improving"...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the tenth consecutive meeting, the FOMC vote was nearly unanimous. Richmond Federal Reserve President Jeffrey Lacker was the lone dissenter in the 9-1 vote. The Fed Funds Rate has been near zero percent since December 2008. In its press release, the Federal Reserve noted that, since its last meeting in late-October, the U.S. economy has expanded "at a moderate pace" despite "weather-related disruptions". It also acknowledged that "strains in global financial markets" remain a threat to U.S. economic growth. This comment is in direct reference to the Eurozone, its sovereign debt concerns, and its nation's economies. The Fed included the follo...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobslast month. November's job growth exceeded Wall Street expectations of 90,000 jobs added for the month, and was a small increase from October's 138,000 jobs added. Three job sectors in which employment rose in November include : Retail : 58,000 jobs added Business and Professional Services : 43,000 jobs added Healthcare : 20,000 jobs added It appears that the effects of Hurricane Sandy were muted, although they may be temporarily overshadowed by seasonal factors. After losing more than 7 million jobs in 2008 and 2009, the U.S. economy has since recovered more than 4.6 million jobs. Job growth has reached 26 consecutive months and is expected to rem...
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By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year. The Federal Open Market Committee is a 12-person subcommittee within the Federal Reserve. It's the group which votes upon U.S. monetary policy. The monetary policy action for which the FOMC is most well-known is its setting of the Fed Funds Rate. The Fed Funds Rate is the interest rate at which banks borrow money from each other overnight. Since late-2008, the Fed Funds Rate has been near zero percent. Prime Rate, a business and consumer interest rate used in lines of credit and credit card rates, is based on the Fed Funds Rate. Prime Rate has been similarly unchanged since 2008. One rate which the Federal Reserve does not set is the 30-year fixed rate mortgage (FRM) rate. ...
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