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November 25, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Fort Lauderdale, Florida

Reported by Jonathan Keith, PA, REALTOR

Updated November 9, 2009.

Current Market Rating: 1



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5
Buyer's

Seller's

Current Price Trend: 1



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Falling

Rising

Average price per square foot for Fort Lauderdale FL was $154, a decrease of 26.7% compared to the same period last year. The median sales price for homes in Fort Lauderdale FL for Aug 09 to Oct 09 was $165,000 based on 766 home sales. Compared to the same period one year ago, the median home sales price decreased 36.5%, or $95,000, and the number of home sales increased 80.2%.

There are currently 4,638 resale and new homes in Fort Lauderdale on Trulia, including 3 open houses, as well as 2,627 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Fort Lauderdale FL was $710,369 for the week ending Nov 04, which represents a decrease of 3.1%, or $22,851, compared to the prior week. Popular neighborhoods in Fort Lauderdale include Victoria Park and Coral Ridge, with average listing prices of $471,168 and $1,077,798.

Fort Lauderdale is known as the Yachting capital of the world and the Venice of the America's.

People from all of over the world keep their boats here in addition to owning a second home.

Call now at 954-709-9742 for a free list of foreclosures and short sales. We have a team of buyer's specialist looking to help you get a great deal on a home, condo, even grand estates are going on pennies on the dollar!
Call now!

Call us now at 954-709-9742 for your free list of foreclosures.

Don't miss your chance to own a piece of paradise at all time market lows!


ZIP Codes: 33301, 33316

Approximate Location Boundaries: East Fort Lauderdale , Victoria Park, Rio Vista, Harbor Beach, Las Olas, Lauderdale By The Sea, Coral Ridge.

Location Characteristics: Harbor Beach-
Located in the heart of Fort Lauderdale, Harbor Beach offers a little something for everyone. Harbor Beach is within walking distance to Fort Lauderdale's great beaches, incredible shopping, some of the finest restaurants in the world and amazing first class entertainment. Harbor Beach is known for its exclusive Florida mansions with large water front dockage which can accommodate the largest mega yachts in the world. Harbor Beach is Conveniently located next to the Port of Fort Lauderdale. Many of these millionaires are in trouble! Call us now at 954-709-9742 for a free list of foreclosures in Harbor Beach!

Victoria Park-
An unforgettable neighborhood, east of US 1, which gets its value from being close to Las Olas. Home prices start in the mid 300s. Victoria Park is lined with lush trees, terrace toped town homes, charming cottages, and southern style homes.

Rio Vista -
Another non gated community in the heart of east Fort Lauderdale is prized by boaters. Homes start in the 500s and water front estates can exceed well over the million dollar mark.

The Las Olas Isles-
Branching off the famous boulevard off Las Olas are the notorious Isles.
Lined with waterfront mansions. These multi million dollar homes are sought after for there expansive dockage and ocean access.

There are foreclosures in these areas call us now us now at 954-709-9742 for a FREE list!

Bay Colony-
One of two gated communities of luxury waterfront homes on the eastside of Fort Lauderdale offer direct ocean access homes.

The Landings-
The Landings is a community of homes just north of Commercial Blvd. A beautiful waterfront community, homes begin in the high 400s to just over a million.

Coral Ridge-
Coral Ridge is located between Commercial Blvd and Sunrise Blvd. West of the Intracoastal and east of US 1. Coral Ridge offers a mix of single family homes and condos. Families are attracted to Coral Ridge for it's A rated Bayview elementary school. Homes are on large lots of 10,000 sq ft or more. In Coral Ridge you'll find single family homes starting in the mid 300s to over a million for homes on the water or on the golf course. The community also features a country club and yacht club with social events open to members. Membership is not mandatory and everyone is open to join.

Lauderdale by the Sea-
A seaside community just north of Fort Lauderdale is populated with condos and hotels on the beach. Single family homes are located in small private hidden pockets.

Bermuda Riviera-
Bermuda Riviera is a small community north of Oakland Park Blvd. and just on the west side of A1A. Homes range in the 400Ks to over a million for homes on the water. The location to the ocean and water make Bermuda Riviera a desirable neighborhood to live in.

Sea Ranch Lakes-
A village within itself, Sea Ranch Lakes has its own police force and beach. Sea Ranch Lakes is the only gated community located east of the Intracoastal. A sought out neighborhood offering larger than average homes prices start in the mid 600s to over 2 million.
The community maintains an oceanfront beach/pool/clubhouse facility for residents. Residents receive both location and security in this beautiful waterfront community!

There are foreclosures in these neighborhoods, Call us now at 954-709-9742 for your free list! our clients are closing on properties for pennies on the dollar!
Call now 954-709-9742! Your opportunity is now!



For More Information:

View Market Conditions of other areas served by Jonathan Keith, PA

Navigate: Top > Florida > Fort Lauderdale

About Jonathan Keith, PA:
JONATHAN KEITH
Professional REALTOR® Designation, Certified Fine Homes Specialist, E‐Certified, Certified Relocation Specialist
Certified Commercial Investment Member (CCIM) Candidate

Foreclosed Homes are the Hottest Properties in the South Florida Market
In 2008 foreclosures accounted for 37.4% of all the sales in the Greater South Florida Area! And in 2009, there are
an expected 2 Million new foreclosures to hit the market. Many times to get the best deal, you must be the first
person to make an offer.
When it comes to finding discount real estate, thereʹs no better resource than www.SFLForeclosures.com lists.
This easy to use foreclosure list can guide you to all kinds of Broward county government homes, bank owned
properties, REOs, federal homes, all of which are available for purchase at special sales at way below their actual
market value. Whether you’re in search of for your first foreclosure home, a handyman special or a beautiful
place to retire, www.SFLForeclosures.com is the best way to find real estate foreclosure listings. Call Jonathan
today at 954‐709‐9742 for the best deals!
Acquire an Investment Property for Practically Pennies on the Dollar
Time is of the essence when purchasing foreclosures and there are many advantage to buying in today’s real
estate market so don’t let this golden opportunity pass you by. Real Estate expert Jonathan Keith knows that today
we have the best interest rates, a large inventory to choose from and highly motivated sellers many willing to
negotiate their prices – sometimes significantly. Clearly it is a great time in the market today to acquire an
investment property for practically pennies on the dollar to add to a portfolio and meet long‐term needs.
An Expert in Today’s Market and Expertise in Foreclosures, REOs, Bank Owned Properties & Short Sales
There may never be a better time to buy than right now! Jonathan Keith is a highly reputable and respected real
estate professional with Prudential Florida Realty. He is nationally recognized as a top performer in the real estate
industry, and helps you make sound investment decisions. Jonathan Keith is an expert in today’s market and has
particular expertise in Foreclosures, REOs, Bank Owned Properties and Short Sales.
An Established Contender in the Foreclosure & Income Property Markets in the S. FL Investment Community
$8,000 tax credits for home buyers and 2 million new foreclosures in 2009 – Wow! An active real estate investor
since 1996, Jonathan is an established contender in the foreclosure and income property markets in the South Florida
investment community. Over the past few years, Jonathan has specialized in working as a Buyer’s Agent for people
interested in buying Foreclosures in the South Florida market.
In 2008, Jonathan was the #6 REALTOR® for Prudential, largely in part to the fact that well over 68% of the homes he
sold were foreclosures. This is his area of expertise and he possesses a unique understanding of how to buy
foreclosures, as well as the best way to negotiate with the banks to make the best investments for his clients.
When you work with Jonathan, you work with an Expert
His investors and buyers are getting deals to steal! Donʹt miss out. Jonathan is on the cutting edge of understanding
the dramatic changes that have occurred within the market. He possesses the unique ability to identify market gaps
along with the strategic vision necessary to exploit these opportunities for his clients well ahead of the competition.
Jonathan holds a professional REALTOR® designation.
His vast skills and knowledge make him one of the leading and most sought after professionals in the industry. Buyers, Sellers and Lenders:

In starting here, remember that using the Internet is not the same as using an Experienced Foreclosure Specialist.
It is basically raw data. It is massive amounts of information but without meaningful interpretation. Just as the Internet has websites filled with medical data, it still is not a doctor who knows what to do with the information. It cannot consult, counsel, or advise you. But we can. Our job is to help you have the best experience possible. We will help bring meaning to the data while explaining each step of the process as it applies to you.
Foreclosure Specialists!
I work in this specialization every day, not just once in a while. As South Florida’s leading Foreclosure Specialist, I will
help you with marketing alternatives, buying alternatives, financing, contracts and negotiating advice that you canʹt
receive from typical local real estate companies. Most real estate agents really know very little about foreclosures.
Some take a one or two day course and call themselves experts. But are they? I have been working in the foreclosure
field for over 14 years. And for the past 5 years some 68% of my business has been foreclosure related.
In addition, some 98% of the real estate companies are all too often trying to work for more than one party in the
same transaction. That means the promise of getting their sellers the highest price and best terms, while
promising their buyers the lowest price. On the same property! Thatʹs why leading consumer groups say to use a real estate company that will pick a side and stay
on it. I'm on your side!!



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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