Coconut Creek Real Estate, Remax ParkCreek

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To Begin Your Search for the Perfect Home or to Sell Your Home in
the Township of Coconut Creek, Begin Your Journey by Calling
Silva Stoyanova at (954) 673-4402.

There has been a lot going on with Coconut Creek real estate over the past few years and the reality of realty is that searching for positive news about real estate is not that difficult these days.  Foreclosures have dropped in certain areas of the Country, as well as in Coconut Creek Florida.  Some areas are showing rebounds, having an increase in sales volume and home values.  The available home buyer tax credits and low mortgage rates are boosting home sales.  Even the drop in January sales appears temporary because, after-all, the tax credit expires on April 30th and people will start pounding the pavement in search of the new home to use it on.

Real estate that is selling in most places is selling because the price is right.  People are buying Coconut Creek real estate that they view as priced appropriately.  If a Coconut Creek home is affordable it will sell.  The real estate that is not selling is real estate that is owned by people who are having a hard time letting go of what they think their home is worth or who will lose their shirt if they sell at the correct price.  The reality of realty is that home values are not nearly what most people thought they would be when they bought their homes at the height of the market.

For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402.  Silva has access to the Coconut Creek MLS and all available listings in the area.

In glomming on to positive Coconut Creek real estate news dont forget to remember your basic math.  Median prices have been going up in some areas, down in others.  The median is the value that occurs in the middle of everything that has sold.  For example, if seven apples have sold for $1, $1.25, $1.5, $1.5, $1.5, $1.75 and $2.  The median price would be $1.5.  The median value is the middle price, it does not represent the size, quality or type of apple.

When considering Coconut Creek real estate it is important to remember that the median sales price represents the average price of what homes are selling for in a given area.  It is not representing the size, condition or value of a home.  The median sales price can be offset by foreclosure property that is selling in an area as well as by luxury property that is selling in an area.

The best way to determine the value of your Coconut Creek real estate is to get it analyzed by and experienced real estate professional.  There are many factors in determining real estate values today and picking an average out of the air could hinder the sale of your home.  In todays real estate market it is more important than ever to price your home appropriately.

For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402.  Silva has access to the Coconut Creek MLS and all available listings in the area.

The latest real estate headlines for the US are that home sales were down in January, some of these headlines even use the word "plunged", but don't let it affect your view or may you panic about Coconut Creek real estate.  There are a few areas scattered around that managed to buck this trend and no media frenzy can change that.  Think about it, is it really a surprise that sales are down in January?  January is the coldest month, even if you live in a southern area like Coconut Creek Florida, and who wants to move in to a new house in January?

Does anyone really feel like shopping in January when they have just completed a major holiday season that began with Thanksgiving at the end of November?  Most people are just plain worn out by the time New Years Day is over, the last thing they feel like doing in packing up and moving. It is a month to relax and observe.

The original First Time Home Buyer Tax Credit was meant to expire in November and when it got extended and expanded people realized that they had more time to make a decision.  January data is showing a dip because people wanted to stop and take a look at what the new year would bring.  Now that 2010 is here and people can see that mortgage rates and property values are staying low, Coconut Creek housing is bound to continue a steady increase in sales and eventually prices as well.  Even Warren Buffet appears optimistic, stating that he believes that housing problems will soon be behind us.

Click here to view Warren Buffets stance on the economy and real estate as a whole.

For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402.  Silva has access to the Coconut Creek MLS and all available listings in the area.

The good news for Coconut Creek real estate is that interest rates appear to be staying put until the US economy gets back on track and stays there.  This past week Ben Bernanke, chairman of the Federal Reserve, announced his desire to keep interest rates low due to the fragility of the economy.  Unemployment figures are continuing to rise.  These increasing unemployment figures are interfering with recovery and affecting real estate and general sales figures across the Country.

Historically low interest rates and low home values combined with the extended and expanded First Time Home Buyer Tax Credit, have been instrumental in boosting Coconut Creek real estate sales.  These incentives are bringing buyers off of the sidelines and have created a true "buyers market".

Real estate is typically a catalyst for for economic recovery and keeping mortgage rates low will be a significant help in keeping the sales coming in Coconut Creek Florida.

Click here to see a recent article about Ben Bernanke and his commitment to keeping interest rates low.

For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402.  Silva has access to the Coconut Creek MLS and all available listings in the area.