Pembroke Pines, Florida, Is Family, Senior Heaven, Say Realtors

Written by Posted On Thursday, 09 June 2005 17:00

Pembroke Pines is located in Broward County, Florida, and offers an ideal lifestyle for seniors, families with children and everyone in-between, say local Realtors.

"Pembroke Pines is a city with many shopping centers, a mall, educational facilities and probably the third highest population in Broward County," says Realtor Mike Wietor . "Homes in Pembroke Pines will range in price from $150,000 to $500,000, east of I-75 and between $200,000 and $700,000 west of I-75."

"[The market] appears to be off to a good start with the ratio of buyers to sellers fairly well balanced. Local buyers are relieved that the market has cooled off a bit from the frenzied pace it had been experiencing. It's still somewhat of a seller's market, with prices continuing to rise, but definitely not at the same pace as during the past few years. During 2005, the Federal Reserve will be making a concerted effort to move mortgage rates up into the 6.5 - 7 percent range. If you're considering a purchase or sale in the Pembroke Pines area, you may want to move sooner, rather than later."

Says Realtor Karen Dove , "Pembroke Pines is an expansive thriving community offering families and seniors the best South Florida has to offer."

Dove explains, "Pembroke Pines is well located in Southwest Broward County, with I-75 and the Florida Turnpike nearby; you'll have easy access to all towns north and south. It's a great place to live and to raise a family. Parents need not worry about the public schools here -- most are "A" rated schools. Private schools from Pre-K to 12th grade are available in Pembroke Pines as well as in nearby Hollywood, Davie and Cooper City. Combine this with a lower crime rate, new shopping malls and a great selection of communities both new and established, and you'll see why people flock to this area."

She notes, "CB Smith Park is just one reason those who love the outdoors move to Pembroke Pines. Offering a freshwater white sand swimming beach, two 700 ft. waterslides, a 400 ft. tube ride, volleyball, basketball and tennis courts, a racquetball center, a golf driving range with a miniature golf course, batting cages, bike/jogging trails, picnic areas with BBQ grills and picnic pavilions you can reserves for family reunions or birthday parties, what more could you need? How about 12 tent and RV camping sites. Don't have a bike? Single and tandem bicycles are available for rent, as are canoes/paddle-boats with 80 acres of lakes to explore."

Regarding housing inventory, Dove says, "Pembroke Pines has 150+ homes for sale at this time; priced from $300k to $3M+. Silver Lakes, Walnut Creek, Preserves Estates, Chapel Lake Estates, Pembroke Shores and Lido Isles are among the subdivisons offering homes for your review. The ever popular townhomes are in short supply, only a few are priced from $225 - 400K. Do not despair Active Seniors, you too may choose from green tree-lined complexes; golf or tennis anyone? There are almost 100 condos to choose from. Pembroke Pines' Real Estate market continues to be both active and strong."

"We have the lowest inventory in years (single family homes were down -38 percent from last year!). 58 percent of all single family homes sold within 30 days of being listed. Prices for homes are showing a 1 to 2 percent increase in selling prices over last month's average price. Condos, townhomes and villas are going under contract even faster, 59 percent are selling in less that 30 days."

Dove says that prices continue to move slightly upward each month. "More people and businesses are relocating to Florida," she says. "Why? No income tax, no inheritance tax and great weather year round. It's not too soon to start making plans to buy, even if the purchase will be months or even a year away."

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Blanche Evans

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