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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 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.

Coconut Creek Short Sales: The Road Is Now Paved

Coconut Creek Florida Short Sales Finally Seeing Progress

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Finally, banks and lending institutions are getting with the program!  We have seen an increase in the turnaround of successfully negotiating and closing on Coconut Creek and South Florida real estate short sale properties.  Recent studies show that there has been an 19% increase in successful closing on short sale listings.

This exciting news will help stabilize the Coconut Creek and overall real estate market hopefully soon, as less real estate inventory will be on the market for sale (including short sales and bank foreclosures).  As a result of this news, buyers should be jumping on this opportunity to purchase Coconut Creek real estate homes.  Studies also show that short sales sell for a 21% discount of market value.  With mortgage rates in the low 4% and very affordable real estate inventory in Coconut Creek, Florida, now is the time to purchase a home.

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.

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.

27 Coconut Creek Single Family Homes Sold In March 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5340 NW 49th Street Regular Sale Indigo Lakes $343,000 4/3 2,397
601 N.W. 42nd Avenue Regular Sale Coconut Creek 11th $320,000 4/3 3,160
4871 Swans Manor Regular Sale Regency Lakes $310,000 3/2 2,071
4902 Cypress Way Bank Foreclosure Cypress Estates $290,000 4/2.5 1,902
4931 Cypress Way Short Sale Cypress Estates $283,000 4/3 1,869
6203 N.W. 45th Avenue Regular Sale Winston Park – Sunrise Estates $257,000 4/2.5 2,197
4824 N.W. 50th Court Regular Sale Winston Park – Breckenbridge $255,000 4/2 1,964
4700 Long Key Lane Regular Sale Banyan Trails $255,000 3/2 1,779
3789 Woodfield Drive Regular Sale Banyan Trails $240,000 3/2 1,796
4222 N.W. 66th Street Short Sale Winston Park $230,000 3/2 2,124
3817 N.W. 62nd Street Regular Sale Cocobay $225,000 3/2.5 1,804
5426 N.W. 50th Court Regular Sale Indigo Lakes $223,000 3/2 1,295
4998 Pelican Manor Regular Sale Regency Lakes $218,000 3/2.5 1,896
5673 N.W. 39th Avenue Bank Foreclosure Winston Park $215,000 4/3 2,470
5362 N.W. 55th Terrace Bank Foreclosure Winston Park – Laurens Turn $205,000 3/2 1,730
4972 Egret Court Bank Foreclosure Regency Lakes $190,000 4/2 1,515
3920 N.W. 58th Street Bank Foreclosure Parkwood V $185,500 3/2 1,751
4250 N.W. 55th Drive Regular Sale Winston Park $185,000 3/2 1,369
2121 N.W. 49th Avenue Short Sale Buttonwood Hammocks $178,000 3/2.5 1,680
4962 Egret Court Short Sale Regency Lakes $175,000 3/2 1,515
1410 N.W. 47th Avenue Bank Foreclosure Lyons West $167,000 3/2 1,667
3370 N.W. 22nd Place Regular Sale Centura Parc $165,000 3/2 1,544
6061 N.W. 44th Lane Bank Foreclosure Winston Park $165,000 3/2 1,555
2041 N.W. 38th Avenue Bank Foreclosure Centura Parc $115,000 3/2 1,544
2385 N.W. 34th Way Bank Foreclosure Centura Parc $114,900 3/2 1,376
4368 Acacia Drive Regular Sale Sawgrass Village $112,000 2/2 1,483
3871 N.W. 67th Street Regular Sale KS Park $101,000 2/2 1,248

There were 27 total single family sales for the month of March, 2011 ranging in price from $150,000 to $322,000. Last month, there were 20 total single family home sales. There were 7 more Coconut Creek single family homes sold in the month of March, 2011 than in February, 2011.

Among the 27 sales for the month of March, 13 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.

There was an increase of 26% in sales volume from the last month.  More and more buyers are purchasing homes in Coconut Creek, Florida because of the excellent schools, parks and recreation, and much more.   Buyers can get more bang for their bucks in Coconut Creek than neighboring communities like Coral Springs and Parkland.

We are also pleased to announce that we had two more sales in Coconut Creek for the month of March, as we represented two sellers (see bold properties on chart above).  If you are thinking about selling your home and are curious as to what your home is worth, please feel free to contact us at: 954-609-0591.  Our goal is to continue to provide the number one Coconut Creek real estate website.  Each month, you will be able to come to RealEstateInCoconutCreek.com and search available properties, see what neighborhoods are selling each month, and find city information including schools, houses of worship, and much much more!

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 Home Market Update November 2010

Coconut Creek Real Estate Single Family Market Home Update For November 2010 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5137 NW 74th Mnr Short Sale Country Woods $342,000 5/3 2,498
7170 NW 44th Ln Regular Sale Lyons Gate $305,000 4/2.5 2,161
4598 San Mellina Dr Regular Sale San Mellina Pre-Construction $275,000 3/2.5 2,058
6533 Sandpiper Dr Regular Sale Regency Lakes $265,777 4/2.5 2,096
5103 Heron Ct Regular Sale Regency Lakes $252,500 4/2.5 1,918
7595 NW 39th Ave Short Sale Estates Of Coconut Creek $250,000 6/6 Unknown
6330 NW 44th Ave Corporate Owned Winston Park $246,000 4/3 2,099
4191 NW 62nd Ct Regular Sale Cocobay $238,500 4/2.5 2,130
3930 NW 4th Ct Regular Sale Coconut Creek $210,000 3/2 1,649
4766 NW 14th St Short Sale Hammock Estates $210,000 4/2 1,779
5170 NW 51st Ave Bank Foreclosure Winston Park $202,000 4/2.5 1,876
2051 NW 37th Ave Corporate Owned Centura Parc $200,000 3/2.5 2,223
5497 NW 44th Way Bank Foreclosure Winston Park/Coral Pointe $188,000 3/3 1,698
5450 NW 77th Ct Short Sale Hillsboro Pines $175,000 3/2 1,590
5440 NW 50th Ct Short Sale Indigo Lakes $171,000 4/2.5 1,859
3610 NW 20th St Short Sale Centura Parc $163,000 3/2 1,439
2508 Blue Sage Ave Regular Sale Tamarind Village $147,000 3/2 1,716
5861 Eagle Cay Ln Bank Foreclosure Regency Lakes $137,000 4/2.5 1,584

There were 18 total single family sales for the month of November, 2010 ranging in price from $137,000 to $342,000. Last month, there were 22 total single family home sales. There were 4 less Coconut Creek single family home sales in the month of November than in October, 2010.  61% of the homes that sold (11 total) were distressed sales (short sales, bank foreclosures, or corporate owned).

On a positive note, there were two homes sold over $300,000 both in Country Woods and Lyons Gate, which will help increase the values of comparable homes in the City of Coconut Creek, Florida. The end of the 4th quarter of 2010 is a slow time for real estate sales, as more and more people are focused on the holidays.  The market sales will pick up in the beginning of 2011, as more people think about making a move.

As interest rates appear to be increasing in the coming months, it may be the perfect time to purchase a home.  With less competing buyers on the market during the holidays, you may be able to grab a great deal on a Coconut Creek home.  You also may be very surprised to learn what your monthly mortgage payments would be now.  You may be able to purchase a home for less than you are paying rent!

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 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.