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REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY SEPTEMER 2013

Posted on October 2, 2013 by Great Florida Homes

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston. There are currently 6065, Single Family Homes LISTED FOR SALE in Broward County. ­­­4344 priced under $250,000 1081 priced between 250,001 and $500,000 271 priced between $500,001 and $750,000 …

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Coral Springs Gears Up for Entryway Construction

Posted on September 26, 2013 by Great Florida Homes

Coral Springs is getting ready to impress people even more as they make their way into the city! As part of a massive effort to increase the city’s aesthetic appeal, Coral Springs officials approved a contract with a Fort Lauderdale-based firm for an entryway to be constructed at the east entrance of the city on …

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It’s Still Much Better to be a Homeowner!

Posted on September 25, 2013 by Great Florida Homes

Even as home prices in South Florida report this month, a recent real estate report shows it makes better sense to buy a home that to rent. The report shows buying is 52 percent more affordable than renting in Palm Beach County. As for Broward County, buying is more affordable than renting by 47 percent. …

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Infinite Scholars Program is Coming to Florida Again!

Posted on September 25, 2013 by Great Florida Homes

With its goal to open the door for qualified high school students to enter college, the Infinite Scholar Program, Inc. will host its annual scholarship fair in Florida this November. The overall mission of the Infinite Scholars Program, Inc. is to provide low income and first generation high school students with the resources and guidance …

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Buying a Flipped Home? Be Careful!

Posted on September 23, 2013 by Great Florida Homes

Are you buying a flipped home from an investor? Then you should know you need to protect yourself! Investors who buy homes after a foreclosure and fix them up is a popular real estate investment strategy in South Florida.  If done properly, this can work out very well and can result in a great profit …

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Mortgage Rates Decline!

Posted on September 20, 2013 by Great Florida Homes

Potential homebuyers who are made cautious by increasing mortgage interest rates in the past few months should act now! Because of the decision made by the Federal Reserve last Wednesday, rates for 30-year fixed mortgages dropped by about a quarter of a percentage point, becoming one of the biggest one-day drops in recent years. Looking …

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Floridians Call for Protection of Endangered Species

Posted on September 19, 2013 by Great Florida Homes

According to a new survey from the University of Florida Institute of Food and Agricultural Sciences, Floridians want to protect endangered species even if it means putting restrictions on their personal freedoms or being fined for violations. The respondents in the study support legal protection for endangered species of all kinds. Because of its climate …

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South Florida Living

Posted on September 18, 2013 by Great Florida Homes

Each state has something to offer. While there are those who would prefer to be in an urban jungle and be the center of high rise buildings, the creative crowd and the chic boutiques, there are those who are always looking for something different. South Florida is a top destination for people because living here …

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More Homeowners Will Have Enough Equity to Sell

Posted on September 13, 2013 by Great Florida Homes

More good news for homeowners this month! In the recent U.S. Home Equity and Underwater Report for September 2013, RealtyTrac has shown that 8.3 million homeowners have a loan to value (LTV) ration from 90 to 110 percent. These homeowners represent 18 percent of all U.S. homeowners with a mortgage as of the start of …

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Real Estate and Due Diligence

Posted on September 12, 2013 by Great Florida Homes

Lots of real estate websites put importance on doing due diligence prior to placing an offer. What is “FHA” anyway? Despite sounding like a term you’d commonly hear on a legal drama, “Due Diligence” is simply the act of investigating prior to signing a contract. Common sense dictates that “Due Diligence” is an important part …

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