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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.

Coconut Creek 2013 Real Estate Market Off To A Great Start

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Coconut Creek and South Florida home prices increased in December 2012 ending the year on a strong note. Many short sales and foreclosures came on and off the market causing a decrease in the overall real estate inventory. As a result, sellers regained confidence in the housing market, as buyer demand and confidence grows into 2013.

The Sun-Sentinel reported that, “In Broward County, the median price rose 21 percent in December to $230,000, according to the Greater Fort Lauderdale Realtors. The median means half sold for more, half for less.” This is exciting news for the overall real estate market in the City of Coconut Creek and the rest of South Florida. Buyers are now leaping off the real estate fence to take advantage of low mortgage interest rates, affordability, and achieving the American dream of home ownership.

I was quoted in the Sun-Sentinel article discussing how the buyer activity has dramatically increased due to the lack of home inventory and a larger pool of motivated buyers in today’s market.

Michael Citron, an agent in Palm Beach and Broward counties, said some buyers are so frustrated by the lack of inventory that they’re pursuing properties on their own, often bringing him what turn out to be expired listings from websites. When buyers do find homes, they have to act quickly.”They have to be very, very aggressive,” Citron said. “I can barely let a client think about it overnight or they’ll lose it tomorrow. It’s not a warm and fuzzy feeling buying a house now.”

If homes are priced appropriately and are in good condition, they are selling very quickly and for top market dollar. Buyers are willing to pay a premium, as the competition for homes is growing in our marketplace. If you are currently looking for a home, be prepared. Make sure that you are fully qualified for a mortgage and are ready to submit a strong offer on a home right after you see it, as time is of the essence! If you do not have your ducks in a row, you may just loose out on your dream home!

If you are thinking about buying a home in Coconut Creek or South Florida, please give us a call at: 954-609-0591 or contact us. We will help guide you throughout the entire buying process and make your buying experience an enjoyable one.

Real Estate in Coconut Creek  is the most comprehensive online resource for Coconut Creek real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Creek, Florida, Real Estate in Coconut Creek has it all at your fingertips. Know the neighborhood. Know the value. Know your hometown agents: The Citron Real Estate Group.

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.

Coconut Creek Real Estate Home Prices Rise in December

Housing market

Great news for South Florida sellers started in December, home prices are on the rise no longer giving the buyers the upper hand.  Prices in Palm Beach, Broward and Miami-Dade counties rose 0.8 percent from October and 9.9 percent from a year earlier, according to the Standard & Poor’s/Case-Shiller home price index released Tuesday.

Broward County’s median price for existing homes last month hit $230,000, the highest of 2012 and a 21 percent increase from a year earlier, the Greater Fort Lauderdale Realtors said Tuesday. Broward’s median increased on an annual basis in every month during 2012.  There were 1,238 Broward homes changing hands, up 15 percent from December 2011. Cash deals rose to 35 percent, from 409 to 549.  It was the 11th consecutive month that prices in the three counties have increased on an annual basis.

After a long housing downturn, the market rebounded in 2012. Bidding wars broke out, pitting first-time buyers against seasoned investors. Homes sold quickly and the supply of properties dried up in many areas.  Local Realtor boards release median prices for homes sold in a month, but many analysts say a better measure of values is Case-Shiller, which tracks prices of the same home over time. The index does not include condominiums and trails Realtor board data by a month.

The real estate market in Coconut Creek and South Florida is starting to pick up.  Inventory is low, and demand is high in our city.  If you are thinking about buying a home, it is essential to have all of your ducks in a row in regards to your financing.  Make sure that you are fully qualified for a loan and have your lender or mortgage broker provide you with  a desktop underwriting approval.  This will be helpful when submitting your formal offer to show the seller that you are fully qualified to purchase.  As a result, you will have a better chance of getting the deal.

Know the neighborhood. Know the value. Know your hometown agents. The REMAX 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.

The First Question Coconut Creek Sellers Should Ask Their Listing Agent

The Most Important Question To Ask Your Coconut Creek Listing Agent

coconut-creek-fl-home-for-saleIf you are thinking about selling your Coconut Creek home in 2012, I am sure that you are thinking what is the most important questions to ask your potential real estate listing agent? How long has the agent been selling real estate?  How large is the company that are working with?  What is the marketing plan to get my home sold? Should you choose the agent who suggests the highest listing price?

There are many things to0 consider when hiring the right agent for the job of selling your Coconut Creek or South Florida home.  But, the most important question that all Coconut Creek real estate sellers should ask is a very simple one:

Do you truly believe that now is a good time to buy a home?

You may be asking why this is important when hiring someone to sell your home?  Isn’t that only a question that you ask when you are thinking of buying a home?  Purchasing a home in today’s market is a very important decision that most buyers are nervous about and want to make sure that they are making an informed decision.

As a result, I strongly believe that home sellers should hire a listing agent that truly believes that it is the best time in American real estate history to buy a Coconut Creek or South Florida home.  If your real estate agent does not believe that, how will the he/she be able to convince a potential buyer that NOW is the right time to purchase a home … your home?

A recent Gallup Poll shows that over 67% of Americans believe that now is a good time to buy a home.   The Gallup Organization went on to say:  “Overall, there is good reason for most Americans to think now is a good time to buy a house. Interest rates remain near historic lows. Home prices are down sharply, providing many incredible buys.”

Choosing the right listing agent is imperative in today’s real estate market.  Make sure that the real estate agent that you hire truly is convinced that buying a home is a very good idea!  As a result, he/she will work diligently in order to find the right buyer for your home.  Again, don’t forget to ask this number one question to potential listing agents.

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.

Real Estate Buyer Consultation In Coconut Creek, Florida

Important To Meet With Coconut Creek Real Estate Expert Before Looking At Homes

coconut-creek-real-estateThanks to the success of our real estate blog, RealEstateInCoconutCreek.com, we receive many inquires from potential buyers looking to purchase a home here in Coconut Creek, Florida.  We take pride in meeting personally with every buyer at our office conveniently located in the heart of Coconut Creek on Wiles Road, and just east of 441.  We insist on meeting in-person before looking at property to truly get an understanding of each and every client’s purchasing criteria.

This meeting allows us to gain a better understanding of what the buyer is looking for and also allows us to get to know each other and build rapport with the client.  As a result of knowing the market in the city, sometimes after the initial meeting, we may already know the perfect house in mind for them.

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 Florida Preconstruction Townhomes Available

Amazing Preconstruction Townhomes In Coconut Creek Florida

Stunning Preconstruction Townhomes In The Heart Of Coconut Creek, Florida 3 Full Bedrooms, 2.5 Bathrooms, Features & Upgrades Galore, Conveniently Located Across The Street From Downtown Coconut Creek’s Promenade.

For more information, please contact Michael Citron directly at: 954-609-0591.


Included Features:
G.E full-sized washer and dryer (in white)
Mohawk carpeting in a choice of colors
Oversized walk-in closets in Master suite
G.E. side-by-side refrigerator with ice and water in the door
G.E. smooth surface range with self-cleaning oven
G.E. multi-cycle dishwasher
Cultured marble vanity tops with integral bowls in all baths (except powder room)
Moen chrome faucets in Master and Secondary baths
Cultured marble Roman tub in Master bath

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.

22 Coconut Creek Real Estate Home Sales In September 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5185 NW 50th Ter Regular Sale Cypress Reserve $295,000 3/2 2,082
4505 Banyan Trails Dr Regular Sale Banyan Trails $290,000 4/3 2,800
5511 NW 38th Ter Regular Sale Winston Park $285,000 4/2.5 2,508
6411 Mallards Way Regular Sale Regency Lakes $280,000 3/2.5 2,070
5470 NW 40th Ter Regular Sale Winston Park $260,000 4/2.5 1,836
5342 Coco Lake Drive Bank Foreclosure Coco Lakes $260,000 4/2.5 2,692
5214 NW 52nd Street Bank Foreclosure Winston Park $244,900 4/3 2,037
5019 Ibis Court Regular Sale Regency Lakes $235,000 4/2.5 2,110
4710 NW 21st Court Regular Sale Buttonwood Hammocks $234,000 3/2 1,822
4045 NW 62nd Drive Bank Foreclosure Cocobay $230,199 4/3 2,479
4945 Pelican Street Short Sale Regency Lakes $220,000 3/2.5 2,414
2349 NW 34th Road Regular Sale Centura Parc $200,000 4/2.5 2,135
5142 Woodfield Way Short Sale Banyan Trails $215,000 4/2.5 1,766
4981 NW 10th Street Regular Sale Lakewood East $190,000 3/2 1,444
2331 NW 39th Ter Bank Foreclosure Centura Parc $185,000 4/2 2,035
6135 NW 45th Ter Bank Foreclosure Winston Park $180,000 3/2 1,708
761 NW 48th Avenue Bank Foreclosure Lakewood East $180,000 3/2 1,977
2679 Calliandra Regular Sale Tamarind Village $169,900 3/2 1,716
6026 NW 45th Ter Short Sale Winston Park-Sorbet $161,000 3/2.5 1,248
5830 Eagle Cay Circle Bank Foreclosure Regency Lakes-Eagle Cay $148,000 3/2 1,282
4416 Cordia Circle Regular Sale Township $114,000 2/2 1,532
4393 Acacia Circle Regular Sale Township $112,500 2/2 1,456

There were 22 total single family sales for the month of September, 2011 ranging in price from $112,500 to $295,000. Last month, there were 34 total single family home sales. There were 12 fewer homes sold in Coconut Creek in the month of September, 2011 than in August, 2011.

Among the 22 sales for the month of September, 10 were distressed sales (bank foreclosures, corporate owned, or short sales).
45% of the sales were distressed ones. The decrease in home sales in September is a direct result of the new school year as well as the coming holiday season.  During this time, residents and potential buyers are focused more on their families and not as much on real estate.  But, we are telling both potential sellers and buyers, that now is the perfect time to sell or buy.  If you are a seller, you will not have as much competition on the market at the current time.  But, in early 2012, more Coconut Creek residents will be putting their homes on the market for sale after the holiday season.  Potential buyers should also get off the fence now and buy, as interest rates are at record low levels.  You couldn’t ask for a better time to make a move!

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.

Rental 4 Bedroom 3 Bathroom Home in Coconut Creek on Canal

Michael Citron | Remax Parkcreek | (954) 609-0591
5327 NW 48th St, Coconut Creek, FL
4BR/3BA Single Family House
$2,100/month
Bedrooms 4
Bathrooms 3 full, 0 partial
Sq Footage 2,035
Parking None
Pet Policy Cats, Dogs
Deposit $6,300

DESCRIPTION

Gorgeous lake front home in sought after Indigo Lakes. Triple split bedroom plan, large master with huge walk-in closet.master bath has roman tub and large separate shower. This is a must see. Will consider lease to own option !NEW lower rent price
see additional photos below
RENTAL FEATURES

– Air conditioning – Central heat – High/Vaulted ceiling
– Walk-in closet – Hardwood floor – Tile floor
– Family room – Living room – Dining room
– Breakfast nook – Dishwasher – Refrigerator
– Stove/Oven – Microwave – Stainless steel appliances
– Washer – Dryer – Balcony, Deck, or Patio
– Yard – Swimming pool

ADDITIONAL PHOTOS


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Contact info:
Michael Citron
Remax Parkcreek
(954) 609-0591

Equal Opportunity Housing

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Posted: Oct 6, 2011, 11:24am PDT

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.

38 Coconut Creek Single Family Homes Sold In June, 2011

Coconut Creek Single Family Market Home Update For May 2011 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
4966 Cypress Way Regular Sale Cypress Estates $325,000 4/3 2,188
4500 Banyan Trails DR Regular Sale Banyan Trails $310,500 4/3 2,344
3311 NW 71ST ST Regular Sale Wildwood Estates $309,900 4/3 2,305
5519 LAKE TERN CT Regular Sale Regency Lakes $260,000 4/3 2,156
3772 NW 63RD CT Regular Sale Coco BAY $252,000 4/2.5 2,139
4480 NW 49TH CT Regular Sale Breckenridge $250,000 3/2 1,959
5471 NW 40TH TE Bank Foreclosure Winston Park 249,900 4/2.5 2,136
4557 NW 51ST ST Bank Foreclosure Winston Park $249,000 4/2 1,963
3613 NW 59TH ST Regular Sale Parkwood Village $243,000 3/2 2,059
4420 NW 7TH ST Bank Foreclosure Edgefield $235,000 4/3 2,406
4715 NW 76th St Bank Foreclosure Tall Trees $230,000 3/2 2,016
5424 EAGLE CAY WAY Regular Sale Eagle Cay At Regency $228,900 3/2.5 1,496
4961 NW 54th St Bank Foreclosure Cypress Lake $225,000 4/2.5 2,154
641 Palmetto DR Regular Sale Coconut Creek 11TH $210,000 3/2 2,002
531 NW 39TH AVE Regular Sale Coconut Creek 9TH $200,000 3/2 1,966
4140 NW 62ND DR Regular Sale Coco Bay $210,000 3/2 1,564
4063 NW 63RD ST Short Sale Coco Bay $200,000 3/2.5 1,948
5413 NW 50th Ct Bank Foreclosure Lake Windermere $199,500 3/2 1,595
5447 NW 50TH CT Bank Foreclosure Butler Plat $199,500 4/2.5 1,568
3939 NW 62ND CT Regular Sale Coco Bay $199,000 3/2 1,545
4054 NW 62ND CT Regular Sale Coco Bay $195,500 3/2 1,804
4191 NW 43RD WY Short Sale Coquina $195,000 3/2 1,850
4395 NW 41st Pl Short Sale Coquina $190,000 3/2 1,958
4795 NW 14 St Bank Foreclosure Hammock Estates $188,000 3/2 1,692
4420 NW 8TH ST Regular Sale Edgefield $185,000 3/2 1,410
4991 NW 54TH ST Bank Foreclosure Winston Park $185,000 3/2 1,602
1961 NW 35TH AV Bank Foreclosure Centura Parc $176,500 3/2.5 2,068
4814 NW 14TH DR Bank Foreclosure Lyons West $175,000 3/2.5 1,406
6011 NW 44TH Way Bank Foreclosure Winston Park $165,500 3/2.5 2,068
2637 BLUE SAGE AV Regular Sale Tamarind Village $160,000 3/2 1,716
5441 NW 50TH CT Short Sale Indigo Lakes $160,000 3/2 1,559
4256 NW 61ST CT Regular Sale Winston Park $153,000 3/2 1,422
2354 NW 34TH WY Regular Sale Centura Parc $152,000 3/2 1,515
5486 NW 44TH WAY Short Sale Winston Park $150,00 3/2 1,771
4500 Cordia Circle Regular Sale Tartan $145,000 2/2 1,159
5541 NW 49TH TER Short Sale Winston Park $129,900 3/2.5 1,924
4428 CORDIA CIR Regular Sale Tartan $116,900 2/2 1,456
2811 LYONS RD Short Sale Palm Beach Farms $100,00 3/2 1,892

There were 38 total single family sales for the month of June, 2011 ranging in price from $100,000 to $325,000. Last month, there were 27 total single family home sales. There were 11 more Coconut Creek single family homes sold in the month of June, 2011 than in May, 2011.

Among the 38 sales for the month of March, 19 were distressed sales (bank foreclosures, corporate owned, or short sales). 50% of the sales were distressed ones. During the first 6 months of the year, over 50% of the homes sold in Coconut Creek, Florida have been distressed ones.  In June, the numbers were down by almost 10%, which is a very good thing. The market is picking up in South Florida, as more and more homes are selling.

Interest rates are at record low’s, and you still have time to purchase a home in Coconut Creek or South Florida before the Summer is over.  But, home costs will rise in the the next 6 months to a year making now the best time to purchase a property.   We continue to tell our clients that Coconut Creek is a great alternative to neighboring cities such as Coral Springs or Parkland, Florida, as you will get more bang for your buck and not have to compromise. You can be assured that you will be living in a safe neighborhood with excellent schools and community activities.

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.

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