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November 26, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Fort Lauderdale, Florida

Reported by Joann Edwards, Broker-Associate, ABR, e-PRO Certified

Updated November 14, 2009.

Current Market Rating: 1



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2
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5
Buyer's

Seller's

Current Price Trend: 2




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3
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Falling

Rising

SALES ARE STILL RISING, PROPERTIES ARE SELLING QUICKLY, AND THE INVENTORY IS SHRINKING. TAKE ADVANTAGE OF THESE GREAT OPPORTUNITIES!! Many Sellers have reduced their prices and are experiencing multiple offers. Don't miss this opportunity to find your dream property before the desirable inventory disappears. THE GOOD DEALS ARE GOING QUICKLY. Buyers who want to take advantage of this declining market must realize that these good deals will not last forever. There are motivated sellers who are lowering their prices on a daily basis, in addition to the fact that there are so many wonderful choices available today that were not available in the past. The better choices are going quickly. Home prices are back to 2003 levels and still declining. Although it may be another year for prices to hit bottom, this is the time to make offers. Prices do not just stop dropping and then start going up --- there's usually a period when the prices are flat for some time before they start rising again on a marginal basis.

In this challenging economic environment, it is important to find someone with extensive knowledge of values, the tenacity of proper follow through, superior marketing skills for the highest Internet exposure, and strong negotiation skills for a timely and successful sale. I sold 23 beach area condos in 2008 and 13 so far in 2009. If you are a Seller, let me use my knowledge & expertise to assist you in establishing an effective pricing and marketing strategy that will generate a sale in today's market, understanding that you will also get a discounted price on the purchase of a subsequent property.

Properties that are priced correctly are selling quickly, although most of the increased sales activity has resulted from the large number of distressed properties entering the marketplace. Buyers seem focused on short sales (40% of current listings) and foreclosures in hopes of getting a "better deal". Many Sellers "have to sell' in this declining market and are reducing their prices.

Real estate has always been a good investment when you are able to buy at the right time and wait. DON'T MISS THIS GREAT OPPORTUNITY TO PURCHASE AT A DISCOUNTED PRICE. NOW IS THE TIME TO INVEST IN YOUR FUTURE. Call me to discuss your options 954-770-8525.


ZIP Code: 33308

Approximate Location Boundaries: Ft Lauderdale Beach

Location Characteristics: Ft Lauderdale has experienced tremendous growth over the past 3-4 years, resulting from the influx of luxury condos and condo/hotels along the beach, in addition to the luxury high rise residences on Las Olas and the New River area downtown. Whether you are attracted to the "New Urbanism" of city life or the beautiful ocean and sandy beaches, we have a multitude of attractions for residents and tourists alike. The Air & Sea Show in May, the Annual Boat Parade in December, world class shopping on Las Olas, The Broward Center for Performing Arts, and all the many wonderful restaurants, entertainment and exciting nightlife throughout the city. We have it all.

For More Information:

View Market Conditions of other areas served by Joann Edwards, Broker-Associate

Navigate: Top > Florida > Fort Lauderdale

About Joann Edwards, Broker-Associate:
“EXTENSIVE KNOWLEDGE FOR EXCEPTIONAL RESULTS”

Hello, my name is Joann Edwards, a top producing Broker-Associate with Balistreri Realty in Fort Lauderdale, Florida. After activating my license with Balistreri in 2004, I have built a strong reputation in the Fort Lauderdale Beach and surrounding areas for my extensive knowledge of properties and their respective values for exceptional results for my clients. Within my first 2 years at Balistreri, I obtained my Broker’s License, ABR & e-PRO Technology Certified designations. This year I earned the prestigious GRI designation and met the qualifications to become a member of the elite Master Brokers Forum, giving me exposure to the newest techniques, practices, and technology in the industry, from which I have further developed strategies that have assisted my clients in achieving their ultimate goals.

DESIGNATIONS:
** Broker-Associate
** GRI Candidate
** ABR, Accredited Buyer’s Representative
** e-PRO Technology Certified
** Member of Realtor Association of Greater Fort Lauderdale
** Member of Florida Association of Realtors
** Member of National Association of Realtors

AWARDS:
**Master Brokers Forum 2009
**Multi-million Dollar Top Producer: 2008
**Ranked #1 in condo sales in Ft Lauderdale Beach area 2007 & 2008 per Trend Graphix
**Platinum Achievement Award: 2008, 2007
**Gold Achievement Award: 2006, 2005
**Rising Star Award: 2005

EDUCATION:
** Bachelor of Science, Accounting, Louisiana State University, CPA
** Graduate of Gold Coast School of Real Estate, Sales Associate License 2004
** Graduate of Gold Coast School of Real Estate, Broker License 2006

My MISSION is to provide you, my client, with the highest level of integrity, professionalism and respect. I wish to educate and inform, and will always strive to exceed your greatest expectations.

My SPECIALTIES include the marketing and sale of waterfront condominiums in the Ft Lauderdale Beach area with proven experience and knowledge of working with both buyers and sellers in different types of markets. My CPA background, 15 years of Public Accounting and family real estate background have given me additional insight into understanding values and the ability to keep my clients constantly updated on changes in the market that may impact the value of their property.

My STRENGTHS include INTEGRITY, PROFESSIONALISM, and CONSISTENCY with which I conduct my business, extensive KNOWLEDGE of values in specific market areas, STRONG NEGOTIATION SKILLS for an executed contract, a PASSION for Real Estate and DEDICATION to my clients’ success.

Please feel free to email me at Realtor@JoannEdwards.com or call me directly at 954-770-8525. I APPRECIATE THE OPPORTUNITY TO EARN YOUR BUSINESS.




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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