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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 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.

“Michael, Have We Missed The Bottom?”

In the last month, my team and I have spoken with many potential Coconut Creek and South Florida home buyers that are very interested in buying homes.  Many have asked our real estate team if they missed the “bottom of the market.”  Even though we express to our clients that the real estate market has turned around and the bottom has passed us, it is still a great time to purchase real estate.

You certainly can never tell when the “bottom” is truly upon us.  As a result, when purchasing a home in a decreasing real estate market, you never know how far values will fall.  Also, if you purchase a home just after the bottom while home values are increasing, then you can be assured that your house investment will not decrease in values in the coming months and years.

My team and I also like to remind my buyers that as a long term investment real estate is still the clear winner.  Check out the chart below from MSNMoney.com which compares the investment on real estate to  DOW, S&P, NASDAQ, over the past 13 years.  After looking at the chart below, this should strongly persuade all potential buyers to get off the real estate fence and purchase homes as great returns on their investments.

coconut-creek-real-estate-investment

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.

25 Coconut Creek Home Sales Update For February 2012

Coconut Creek Real Estate Single Family Market Home Update For March 2012 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Pool? Water View? Square Feet
4581 Little Palm Lane Short Sale Banyan Trails $265,000 4/2.5 Yes No 2,268
5692 NW 41st Avenue Regular Sale Winston Park $261,900 4/2 Yes No 1,759
3820 Woodfield Drive Regular Sale Banyan Trails $258,000 3/2 Yes Yes 1,736
4765 NW 76th Street Regular Sale Tall Trees $230,000 3/2 No No 2,163
4310 NW 51st Street Short Sale Winston Park $230,000 4/3 No No 2,063
7363 NW 45th Avenue Regular Sale Lyons Gate $230,000 4/2 Yes No 2,401
3901 NW 4th Court Regular Sale South Creek $230,000 3/2 Yes No 1,603
3783 NW 59th Street Regular Sale Parkwood V $226,000 3/2 Yes No 1,766
4819 NW 55th Drive Short Sale Indigo Lakes $222,500 4/2.5 Yes Yes 2,097
4487 NW 45th Terrace Regular Sale Coquina $220,000 3/2 Yes No 1,639
5410 NW 41st Way Regular Sale Coral Pointe At Winston Park $220,000 4/2.5 No Yes 1,831
611 Palmetto Drive Regular Sale Coconut Creek 11th $219,000 3/2 Yes No 1,772
3993 Crescent Creek Drive Regular Sale Crescent Creek $215,000 3/2.5 No No 2,105
311 Lake Drive Bank Foreclosure Coconut Creek 10th $202,000 3/2 Yes No 1,092
4926 Egret Place Short Sale Regency Lakes – Fairmont $195,000 3/2 Yes No 1,548
4014 Crescent Creek Drive Short Sale Crescent Creek $187,000 4/2 No No 1,858
500 NW 43rd Avenue Bank Foreclosure Coconut Creek 5th $185,000 3/2 Yes Yes 1,660
2301 NW 39th Terrace Regular Sale Centura Parc $177,500 3/2.5 No Yes 1,662
4039 Crescent Creek CREEK CT Short Sale Crescent Creek $175,000 3/2 No No 1,245
4021 NW 23rd Court Regular Sale Township Estates $168,000 3/2 No No 1,633
4000 NW 23rd Court Short Sale Township Estates $158,500 3/2 Yes No 1,722
5532 NW 53rd Circle Short Sale Winston Park $145,000 3/2 No No 1,705
700 NW 49th Avenue Bank Foreclosure Lakewood East $135,000 4/3 Yes No 1,697
1000 NW 43rd Avenue Regular Sale Edgefield $120,000 2/2 No Yes 1,762
5251 NW 77th Court Short Sale Hillsboro Pines $119,000 3/2 No Yes 2,454

There were 21 total single family sales for the month of March, 2011 ranging in price from $119,00 to $265,000. Last month, there were 21 total single family home sales. There were 4 more homes sold in Coconut Creek, Florida in the month of March, 2012 than in February, 2012. Among the 25 sales for the month of February, 12 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.

There has been a very consistent amount of distress sales selling in the City of Coconut Creek this year.  Over half of all single family sales have been either foreclosures or short sales.  As more and more distressed sales come on and quickly off the market, the overall real estate market in Coconut Creek, Florida will stabilize.

We are still seeing record low inventory for available single family home listings in Coconut Creek.  Currently, there are only 75 total homes available for sale (25 available distressed sales).

Click Here To Search For All Active Coconut Creek Single Family Homes

Coconut Creek is an affordable alternative to neighboring cities like Parkland and Coral Springs, as the school district in Northern Coconut Creek are exceptional.  If you are thinking about making a move, now is the time, as interest rates are at record low levels along with now affordable asking prices.

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 Broward County Real Estate Prices and Sales Rise In January

Coconut Creek Home Prices and Sales Increase In January Making Now The Time To Buy Real Estate

Coconut Creek Home Prices & Sales Increase In January Making Now The Time To Buy Real Estate

Coconut Creek and Broward County Florida real estate is coming closer to a bottom, which is good news for homeowners and potential buyers. The Sun-Sentinel recently reported that, “The county’s median price for existing homes in January was $175,000, up 6 percent from a year ago. Broward sales rose 15 percent from January 2011.”

Besides home prices increases, the amount of inventory has significantly dropped in the past year by 34% in January 2012.  With less homes for sale on the market, the overall Coconut Creek and South Florida real estate market should stabilize by the end of 2012.  The Greater Fourt Lauderdale Of Realtors released a report showing that there were less than 6,000 single family homes for sale in Broward County.  As a result, this was a significant drop in home inventory from a year ago.  Another positive to less inventory is that homes are selling faster than they did in the past.  Currently, single family homes sales are selling on average in 55 days.

If homes are priced right in today’s market, then they sell quickly and for top market dollar!  Many analysts still fear that banks will be listing their foreclosure inventory for sale soon causing more homes on the market.  But, with the significant decrease in inventory currently on the market, these bank foreclosure listings may help sell quickly with the large amount of demand for available properties.

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.

17 Coconut Creek Home Sales Update For December 2011

17 Coconut Creek Home Sales Update For December 2011 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
4633 Saxon Road Regular Sale Rain Forest Estates $680,000 5/4.2 4,534
5622 NW 39th Ave Regular Sale Winston Park $275,000 4/3 2,259
4490 NW 45th Ter Regular Sale Coquina $230,000 3/2 2,050
4102 Oxbow Drive Regular Sale Banyan Trails $229,000 3/2 1,756
4280 NW 74th St Short Sale Palm Beach Farms $218,000 3/2 1,584
4545 NW 50th Ct Regular Sale Winston Park $217,000 3/2 2,087
3816 NW 62nd Ct Regular Sale Cocobay $185,000 3/2.5 2,065
2361 NW 34th Ave Short Sale Centura Parc $180,000 3/2.5 1,997
4321 NW 3rd Street Regular Sale Coconut Creek $175,000 3/2 1,810
5343 NW 55th Ter Short Sale Winston Park $165,000 3/2.5 1,664
1980 NW 35th Ter Short Sale Centura Parc $164,700 4/2.5 2,223
7343 NW 45th Ave Bank Owned Sable Pines $156,000 3/2 2,134
5323 Eagle Cay Way Bank Owned Regency Lakes $143,000 3/2 1,698
1930 NW 34th Ave Regular Sale Centura Parc $140,000 3/2 1,384
2021 NW 37th Ave Bank Owned Centura Parc $140,000 3/2.5 2,327
3910 NW 11th St Short Sale Coconut Creek $135,000 3/2 1,383
6896 Julia Gardens Dr Bank Owned Julia Gardens $91,000 3/2.5 1,720

There were 17 total single family sales for the month of December, 2011 ranging in price from $91,000 to $680,000. Last month, there were 23 total single family home sales. There were 6 less homes sold in Coconut Creek in the month of December, 2011 than in Nomber, 2011.

Among the 17 sales for the month of October, 9 were distressed sales (bank foreclosures, corporate owned, or short sales).
53% of the sales were distressed ones. Last month, there were 23 total single family homes sold in Coconut Creek, Florida in November, 2011. There were 6 fewer sales in December than in the month of November.

Real estate inventory is very low in the City of Coconut Creek.  Buyers are back in the market after the holidays, as the last couple of months of 2011 are slow.  As a result, we should see an increase in buyer activity in the beginning of 2012.   There has been a steady pace of distressed sales over the past 6-8 months in Coconut Creek.  Many buyers are finding great deals on single family homes and townhomes, as more and more banks are negotiating short sales and bank owned property listings more quickly.

Buyers are finding excellent values, as Coconut Creek is a great place to live and raise a family. It is also a great alternative to neighboring cities like Parkland and Coral Springs. The city offers excellent schools, safe neighborhoods, and great parks and recreation for the entire family to enjoy.

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.

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.

23 Coconut Creek Real Estate Home Sales In November 2011

23 Coconut Creek Home Sales Update For November 2011 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5375 NW 49th Street Regular Sale Indigo Lakes $328,000 4/3.5 2,972
4591 Little Palm Lane Regular Sale Banyan Trails $324,000 4/3 2,724
7137 NW 47th Lane Regular Sale Hidden Lake $315,900 5/3 3,102
4747 NW
72nd Place
Short
Sale
Hidden
Lake
$290,000 4/3 2,488
5328 Flamingo Place Regular Sale Regency Lakes $262,500 4/2.5 2,520
4941 NW 53rd Ave Bank Owned Indigo Lakes $240,000 4/3 3,358
2114 NW 49th Ave Regular Sale Buttonwood Hammocks $239,900 4/2.5 2,290
5213 NW 54th Ave Regular Sale Winston Park $238,000 3/2.5 1,640
3869 NW 62nd Ct Regular Sale Winston Park $231,000 3/2.5 2,267
4051 NW 5th Street Regular Sale South Creek $211,000 4/3.5 2,471
6437 Egret Ter Bank Owned Regency Lakes $210,000 4/2.5 2,494
5820 Eagle Cay Te Regular Sale Regency Lakes $198,000 3/2.5 1,452
547 NW 47th Way Short Sale Coco Palms $195,000 3/2.5 1,956
4409 NW 43rd St Bank Owned Coquina $200,000 3/2 1,700
5213 Eagle Cay Manor Short Sale Regency Lakes $190,000 4/2.5 1,784
3630 NW 23rd Place Regular Sale Centura Parc $181,000 3/2.5 1,846
4843 NW 14th Drive Short Sale Lyons West $172,000 3/2.5 1,830
4729 NW 6th Place Regular Sale Coco Plams $165,000 3/2 1,304
4981 NW 54th St Bank Owned Cypress Lake $160,000 3/2.5 1,824
730 NW 44th Ave Short Sale Edgefield $166,000 3/2 1,841
2373 NW 34th Ter Bank Owned Centura Parc $143,000 3/2 1,534
1930 NW 35th Ave Short Sale Centura Parc $110,000 2/2 1,439
3309 NW 64th Street Regular Sale Tallowwood Isle $19,000 2/2 0

There were 23 total single family sales for the month of November, 2011 ranging in price from $19,000 to $328,000. Last
month, there were 25 total single family home sales. There were 2 less homes sold in Coconut Creek in the month of November, 2011 than in October, 2011.

Among the 23 sales for the month of October,  10 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.  The overall real estate inventory of available homes in Coconut Creek, Florida is low.  During the last couple of months before the end of the year, potential sellers are holding back putting their homes for sale on the market until after the holidays and into 2012.  Also, banks and lending institutions are putting a hold on releasing foreclosure inventory until the New Year.  As a result, there are not many available homes for potential buyers to view at the moment in Coconut Creek, Florida.

But, in the beginning of 2012, there will be an increase in real estate inventory for both regular listings and short sales and foreclosures.  If you are thinking about purchasing a home in Coconut Creek or South Florida, now is the time.  Interest rates are at record lows and home prices have never been so affordable.  Coconut Creek is also a great place to live and raise a family.  It is also a great alternative to neighboring cities like Parkland and Coral Springs.  The city offers excellent schools, safe neighborhoods, and great parks and recreation for the entire family to enjoy.

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.

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.

Should I Wait To Buy A Coconut Creek or South Florida Home?

Why Wait To Purchase A Coconut Creek Home – Now Is The Best Time To Buy

I have been telling on-the-fence Coconut Creek and South Florida home buyers that now is truly the time to purchase a home.  You no longer have to wait for that deal of a lifetime.  Read the chart below that I saw on the KCM Blog

now-buy-coconut-creek-fl-real-estate-home

As you can see from the above chart, you should not be waiting.  If you are seriously thinking about buying a Coconut Creek or South Florida home, now is the time, as interest rates are at record low levels.  Prices are also very affordable, but home costs will increase in the coming months and years.  Remember, the price of the home is not the only factor.  Mortgage interest rates and home insurance are the major factors in your monthly housing expenses.  Mortgage guidelines are changing and tightening soon.  Now is the time to act!

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:

coconut-creek-real-estate-report
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.