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The Ultimate Coconut Creek Real Estate Resource

Welcome To RealEstateInCoconutCreek.com

We are Coconut Creek Real Estate Specialists. After many years of working in real estate in Coconut Creek, we have made it our business to know anything and everything about the market here.

Please navigate our site where you can learn more about the Butterfly Capital of the World, research Coconut Creek neighborhoods, search available properties, and so much more. Please feel free to contact us at: 954-609-0591. We look forward to earning your business and trust.

Citron Real Estate Group Sells 2 Coconut Creek Homes For 2013

Citron Real Estate Group Sets 2 Record Homes Sales In Coconut Creek

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Michael Citron of The Citron Real Estate Group set two record sales in Winston Park’s Laurens Turn community in 2013.  If you are thinking about selling your Coconut Creek home for top dollar, please give me a call directly at: 954-609-0591.  I am currently the top selling Coconut Creek real estate agent.  My RE/MAX ParkCreek office is also the top selling real estate company in the City of Coconut Creek, Florida.  My website, RealEstateInCoconutCreek.com, is the only website dedicated to real estate in Coconut Creek.

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Our website give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale.  On our website, you can also get to know each and every Coconut Creek neighborhood, and view local city information including schools, houses of worship, and much much more!

Know the neighborhood. Know the value. Know your hometown agents. The Citron Real Estate Group at RE/MAX ParkCreek. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here. To stay updated with all Coconut Creek
real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Coconut Creek Real Estate Agent Michael Citron Quoted In Sun Sentinel

Coconut Creek Realtor Michael Citron Quoted In Sun Sentinel For Housing Strategies For 2012

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Coconut Creek and South Florida Realtor Michael Citron was quoted in yesterday’s Sun-Sentinel article entitled: South Florida housing strategies for 2012.  It appears that the housing market collapse is fading away bringing a stronger and more stable market in the coming months and years

Home sales in Coconut Creek and South Florida are on the rise, as the real estate bottom nears.  But, the shadow inventory of bank foreclosures soon to hit the market and less than stellar job market could prolong the recovery.  Sun-Sentinel reporter, Paul Owers, provides a guide to help both buyers and sellers, and homeowners “underwater” on their current mortgages in 2012:

Sellers:

DO: Consider selling early in 2012, before foreclosures hit the market
DON’T: Try to attract buyers with cars, cash or most other incentives

Underwater Borrowers

DO: Plan now if you’re considering a short sale
DON’T: Think you’re necessarily stuck with an underwater mortgage

I was quoted in the Sentinel article giving advice to potential buyers in 2012:

DO: Write a letter to the seller, explaining why you want the home

DON’T: Sound desperate or let the seller know how much of a mortgage you’re approved for

If you’re writing to a lender, be sure to explain that you’re preapproved for a mortgage and can close quickly, Broward County (and Coconut Creek) real estate agent Michael Citron said. If the seller is the existing homeowner, go into more personal detail.  “If the home has a pool, tell them that you hope your kids can learn to swim in that pool,” Citron said. “A regular seller wants to know the buyer will appreciate the house as much as they did.”

If you are thinking about selling or buying a home, it has never been a better time to make a move in real estate for 2012.  To read the complete Sun-Sentinel article, please click here It is a honor and privilege to be considered as a local real estate expert.  I look forward to working with the Coconut Creek and South Florida community for all of your real estate needs in 2012.

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

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Coconut Creek Real Estate Agent Michael Citron Sells Another Winston Park Home

Coconut Creek Realtor Michael Citron Sells Another Winston Park Home – 3934 NW 55th Court, Coconut Creek, FL

winston-park-coconut-creek-homeI am pleased to announce my Winston Park Coconut Creek listing just sold for top market dollar.  This home is picture-perfect with a great tri-split floor plan located on a corner lot.   Please see the details of the home below:

Community: Winston Park
3934 NW 55th Court, Coconut Creek, FL
Beds: 4 Bedrooms
Baths:  3 Bathrooms
Square Footage: 2,492
Asking Price:  $279,900

winston-park-coconut-creek-homeNot A Short Sale Or Foreclosure!  Stunning 4 Full Beds, 3 Full Baths Pool Home Located On A Corner Lot, Desirable Tri-Split Floor Plan, Spacious And Open Home, Formal Dining Room, Large Kitchen With Breakfast Area, Cabana Bath Leads To Patio And Pool Area Which Is Perfect For Entertaining Guest, Huge Master Bedroom With Tray Ceilings.  Master Bath Features Separate Tub And Shower, Dual Sinks, Vaulted Ceilings, Inside Laundry Room, Oversized Family Room, Excellent Schools And Walking Distance To Parks And Recreation.

winston-park-coconut-creek-fl-homesIf you are thinking about selling your Coconut Creek or South Florida home, please give me a call directly at: 954-609-0591, so I can show you my unique and customized marketing plan to get your home sold for top dollar in today’s market.

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

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Underwater Mortgages Overflowing In Coconut Creek and South Florida

Almost 50% Of South Florida Homeowners Are Upside Down On Their Mortgages

coconut-creek-florida-upside-down-mortgageOne of the biggest problems in the current real estate market is that many homeowners in Coconut Creek and South Florida are underwater on their mortgages.  The Sun-Sentinel reported that over 47% of all homeowners in the Tri-County area (Dade, Broward, & Palm Beach counties) are upside down on their mortgages.  Most underwater homeowners purchased their homes during the peak of the real estate market and then watched the bubble burst resulting in a significant drop in market values. These underwater homeowners are stuck in their properties and are more likely to fall behind on their mortgages and possibly become foreclosures.

As a result, the large quantity of underwater homeowners is preventing the Coconut Creek and South Florida overall real estate market from rebounding.  But, good news is on the horizon for these homeowners, as President Obama has announced plans to help more homeowners refinance underwater mortgages.  Hopefully, this new government plan will help current homeowners refinance their loans and be able to stay in their properties and not risk foreclosure.

In the City of Coconut Creek, Florida, over 50% of all home sales for the past year have been distressed sales (bank foreclosures and short sales).  If you are currently underwater on your home mortgage and uncertain about your options, please give me a call at: 954-609-0591, so I can help answer your questions and concerns and explain your options.

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

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

34 Coconut Creek Florida Single Family Homes Sold In August 2011

Coconut Creek Real Estate Single Family Market Home Update For August 2011 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
7427 NW 51st Way Short Sale Country Woods $290,000 4/3 2,637
7321 NW 44th Lane Regular Sale Sable Pines $285,000 4/2 1,994
4329 NW 41st Lane Regular Sale Coquina $275,000 4/3 2,394
5501 NW 54th Lane Bank Foreclosure Winston Park $275,000 4/3 2,149
3811 NW 71st Street Regular Sale Wildwood Estates $270,000 5/3 2,552
5230 NW 51st Court Regular Sale Winston Park $260,000 4/3 1,952
6134 NW 45th Ter Regular Sale Sunrise Estates $257,750 4/2 1,897
4393 NW 51st Court Bank Foreclosure Winston Park $245,900 4/2 2,219
4952 Egret Court Regular Sale Regency Lakes $230,000 4/2.5 2,137
3769 NW 62nd Court Regular Sale Cocobay $230,000 3/2.5 2,127
4411 NW 65th Street Short Sale Sorbet $225,000 4/2.5 2,286
4401 NW 3rd Street Regular Sale Regency Lakes $200,000 3/2 1,631
3994 Crescent Creek Dr Short Sale Coconut Point $196,500 3/2.5 1,801
5433 NW 50th Court Short Sale Windermere $195,000 3/2 1,404
1918 NW 48th Avenue Regular Sale Buttonwood $192,900 3/2 1,406
6020 NW 44th Avenue Bank Foreclosure Sorbet $185,000 3/2.5 1,800
6151 NW 42nd Ter Regular Sale Winston Park $180,000 3/2.5 1,434
5819 Eagle Cay Te Short Sale Regency Lakes $180,00 4/2.5 1,912
2366 34th Avenue Short Sale Centura $176,000 4/2.5 2,310
6001 NW 42nd Avenue Short Sale Winston Park $175,900 3/2.5 1,505
721 NW 43rd Avenue Regular Sale Edgefield $175,000 3/2 1,989
5250 NW 49th Street Short Sale Winston Park $170,000 3/2.5 2,152
2210 NW 34th Te Regular Sale Centura $167,000 3/2 1,805
2031 NW 40th Avenue Short Sale Winston Park $160,000 3/2 2,069
5311 Eagle Cay Way Back Foreclosure Regency Lakes $159,900 3/2.5 1,698
711 NW 43rd Avenue Regular Sale Edgefield $152,000 3/2 1,794
2440 Ginger Avenue Regular Sale Tartan $145,000 3/2 1,970
3621 NW 19th Street Bank Foreclosure Centura $145,000 3/2 1,785
4410 NW 9th Street Bank Foreclosure Edgefield $145,000 4/2 2,192
4111 7th Street Bank Foreclosure Centura $144,900 3/2 1,684
4420 NW 4th Court Bank Foreclosure Centura $142,873 3/2 1,592
4321 NW 10th Street Short Sale Edgefield $124,000 2/2 1,159
4342 Acacia Circle Regular Sale Tartan $105,500 2/2 1,279
4485 Cardia Circle Bank Foreclosure Tartan $85,000 2/2 1.420

There were 34 total single family sales for the month of Auguest, 2011 ranging in price from $85,000 to $357,000. Last month, there were 27 total single family home sales. There were 7 more homes sold in Coconut Creek in the month of August, 2011 than in July, 2011.

Among the 34 sales for the month of August, 19 were distressed sales (bank foreclosures, corporate owned, or short sales).
56% of the sales were distressed ones. Inventory on homes that are not distressed are at record low’s.  For instance, in the past 6 months, over half of all Coconut Creek single family homes sales are distressed. As a result if you are looking to purchase a home in Coconut Creek and do not want to wait 6-12 months for a short sale to get approved by the banks, then you will not have a large selection of available non-distressed properties for sale.  I strongly believe that the lack of inventory on the market in Coconut Creek, Florida is a direct result of regular listings for sale.  Every non-distressed home for sale in our city that is priced well sells in days, not months.  As a result, as more and more of the distressed home inventory in Coconut Creek is sold to investors and patient buyers, the overall Coconut Creek real estate market will stabilize in the coming months and into 2012.

Mortgage interest rates are truly at record low numbers. There has never been a better time to purchase Coconut Creek or South Florida homes. But, home costs will increase in the coming months, as interest rates will rise. Also, mortgage regulations will also tighten, making now the best time to get off the real estate fence and make a home purchase.

We pride ourselves on having the only exclusive real estate website for Coconut Creek, Florida. Each month, we provide every single family real estate sale in Coconut Creek, Florida. We know the importance of knowing the current market values in the city. You can also click on the following link to see our real estate market reports from previous months: Coconut Creek Market Reports.

Our website also give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale, get to know each and every neighborhood, and view local city information including schools, houses of worship, and much much more!

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

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Coconut Creek and South Florida’s Strong Belief in Homeownership

Coconut Creek Realtor Michael Citron Provides Proof In The Strong Belief In Homeownership

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Let’s face it; the economy has seen better days.  The job market is not as strong as it used to be.  Many Americans are concerned about the future, as everyone is playing it safe.

But, most Americans still believe in the idea of homeownership for their families.  Owning a home is one of the best long-term financing investments that you will ever make.  In fact, in a recent survey by Pew Research, 81% of people believed in the longer-term investment of owning a real estate property.

Remember, people come from other countries to America just so they can possibly live the American Dream.  Despite the current state of the economy, owning your own home that you can call yourown is a major factor in living the American Dream.  88% of people poled in a recent New York Times and MSNBC research study still believe in the American Dream.  As a result, no matter what our current economic and global problems our country currently faces, an almost majority of Americans strongly believe in the American Dream of Homeowernship.

The final graphical detail on the above chart shows that 61% of Americans believe that now is the time to buy!  We agree with this idea, as there has never been a better time to pull the trigger on a home purchase in Coconut Creek or the rest of South Florida.  Mortgage interest rates are at record low numbers.  Home prices in Coconut Creek and South Florida have never been so affordable.  What are you waiting for?  If you are currently renting a property, you most likely are paying more than if you owned a home, plus you are not receiving the tax benefits of being a home owner.

I know the importance of providing the most updated Coconut Creek and South Florida real estate information, trends, and city information to potential buyers and sellers.  As a result, RealEstateInCoconutCreek.com is the only website dedicated to Coconut Creek, Florida real estate.  No other real estate agent

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

No Panic For The Economy – Coconut Creek Real Estate Buyers Read

In the past couple weeks, we have all heard the news about our current economic situation.  Consumer confidence has fallen to an all-time low that has not been seen in 30 years.  This consumer uncertainty does have a negative impact on our economy.

Mark Zandi, of MoodyEconomy, stated that, “Confidence normally reflects economic conditions; it doesn’t shape them…Yet at times, particularly during economic turning points, cause and effect can shift. Sentiment can be so harmed that businesses, consumers and investors freeze up, turning a gloomy outlook into a self-fulfilling prophecy. This is one of those times.”

But, what does the data actually show?  Should we only listen to the news reports?  We decided to look at the numbers more closely from a year ago until today, and here it what we found:

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These above numbers on the chart are certainly nothing worth celebrating.  But, we want our clients to know that despite what the press is saying, our market is not falling down from the sky.

Bottom Line:
The current economy and market conditions are not in dire straits.  We are advising our real estate clients to make informed decisions and to know that there is no need to panic.  Mortgage interest rates have dropped again, and Coconut Creek and South Florida real estate has never been more affordable than right now!

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

US Government Could Ruin The Coconut Creek And Overall Real Estate Rebound

home-ownership-florida-american-dream-real-estateThe United States Government is trying to impose new standards that would significantly increase the amount of down payments for a government-backed loan.  The Center for Responsible Lending (CRL), along with the Mortgage Bankers Association and the National Association of Realtors (NAR) released a joint statement opposing this new government proposal, “In the midst of a very fragile housing recovery, the government is throwing a devastating, unnecessary and very expensive wrench into the American dream. First-time homebuyers will have to choose between higher rates today or a 9-14 year delay while they save up the necessary down payment. And 25 million current homeowners would be locked out of lower refinancing rates because they lack the required 25 percent equity in their homes.”

These high down payment and equity requirements will have a negative impact on Coconut Creek, Florida and overall national real estate market recovery.  It will rob the American Dream of home ownership to millions of families.  If our government gets its way, it will penalize responsible consumers!  How does that make sense?

We urge the regulators to institute better lending and borrowing practices without causing harm to “credit-worthy consumers.”  The government and banking institutions must continue to be a part of the process for the recovery of the real estate market and not be the wrecking ball!  We wrote a great article on our sister website, ParklandParrot.com entitled, Hooray For Parkland and Broward Real Estate Home Sale Increases announcing that Broward County real estate sales have continually increased in the past few months, and that overall available inventory is coming down.  As a result, the local real estate market is showing signs of life!  Why would the government now want to ruin this rebound?

We know the numbers, we analyze the market, our clients make better decisions. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here.

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Coconut Creek Real Estate Team Sells 3 More Homes

Coconut Creek Realtors Sell 3 More Winston Park Homes

Our real estate team is proud to announce the successful sale of three of our Winston Park home listings in Coconut Creek, Florida.  We sold all three of the homes in record time and for top market values.  We even were successful in having both the buyer and seller on on our sold listings in Winston Park’s Breckenbridge community.

Community: Winston Park – Breckenbridge
4917 N.W. 49th Court, Coconut Creek, FL 33073
Sold Price: $261,000
Beds: 4      Baths: 2
Pool
1,966 Square Feet

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Community: Winston Park – Breckenbridge

4824 N.W. 50th Court, Coconut Creek, FL 33073
Sold Price: $255,000
Beds: 4      Baths: 2
Pool
1,964 Square Feet
winston-park-breckenbridge-home-sold
coconut-creek-florida-real-estate-home
Community: Winston Park – Willow Bend
5511 N.W. 40th Terrace, Coconut Creek, FL 33073
Sold Price: $214,000
Beds: 3      Baths: 2
1,645 Square Feet
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If you are thinking about selling your Coconut Creek or South Florida home, now is the perfect time.  Summer is fast approaching, and families want to move before the next school year.  We have a customized marketing plan for each home.  As a result, our sellers are able to sell their homes for the highest possible price in the fastest amount of time.  Ask you neighbors!  Our team is number one in the area and will make you feel comfortable selling with confidence.

We know the numbers, we analyze the market, our clients make better decisions. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here.

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Coconut Creek Realtors Give Back To The Community On Thanksgiving

Coconut Creek Real Estate Team Delivers Thanksgiving Meals To The Needy

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As you are waking up on Thanksgiving morning to probably watch the Macy’s Thanksgiving Parade, our team has been waking up early on Thanksgiving Day for the past few years to help deliver meals to families in need.  Thanks to great organizations like the South Florida Urban Ministries, that has organized this event for the past 10 years at various South Florida churches.  In particular, this year there was over 5,500 meals personally delivered to various families throughout the South Florida area.

For the past three years, our real estate team has gathered at the Christ Church in Pompano Beach to volunteer our time.  This year, we delivered over 50 meals to needy families.  Every year, we are moved when we see the faces of the families when we arrive at their homes. One family in particular had 6 children.  The mother was so thankful that her entire family would all have have Thanksgiving meal this year.

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As a result, it truly puts everything into proper perspective and makes us appreciate  all of of the great things we have to be thankful for in our lives.  If you are interested in volunteering your time, please visit: South Florida Urban Ministries.

If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at or send us a message here.

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a followup email.

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