Coconut Creek Real Estate, Remax ParkCreek

Watch this video to find out why you should buy real estate in The Township of Coconut Creek!

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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.

If you own a home in Coconut Creek Florida and its value is lower than when your purchased it the Home Affordable Refinance Program may be of interest to you.  The Home Affordable Refinance program was designed to help home owners lower their monthly payments while at the same time securing lower interest rate mortgages.The program is aimed at helping home owners whose mortgage loans are more than the value of their home.The program had a value set at 105% and under the Obama Administration this number has become 125%.The Home Affordable Refinance plan is helping home owners who are underwater with their home values restructure their mortgage payments and ease their financial stress. A few highlights of the Home Affordable Refinance program are:

• A borrower must be current on his payments in order to qualify for the refinance.
• The refinancing must be completed with a Fannie or Freddie approved lender.
• The new loan would come with mortgage insurance.
• Borrowers cannot take cash out.

If you are living in Coconut Creek and the value of your home has dropped below what it was when you purchased it this could be the program for you.  While real estate values are stabilizing in Coconut Creek real estate and across the Country some people will have a longer road to recovery than others.  The creation of the Home Affordable Refinance Program can be a great help to those who need it.

Check out the Making Home Affordable web site for more information and to see if you qualify.

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.

Keeping mortgage rates low is helping to stimulate Coconut Creek real estate.  For the past few months the public and private sectors have been putting their heads together to get our Country out of the mess we are in and real estate and lending have been the primary focus.  The lowering of mortgage rates and keeping the interest rates low has been playing a major role in turning real estate around and getting potential home buyers off of the sidelines and into property.  In Coconut Creek FL the low mortgage rates are helping keep the cost of buying real estate low and are enticing people to buy property.

Mortgage rates have been holding at historically low rates.  The current average rate for a 30 year fixed mortgage is 5.12%.  The average rate for a 15 year fixed mortgage is 4.69%.  A recent article at Realty Times points out "Low rates contributed to existing home sales rising for the fourth consecutive month to an annual pace of 5.24 million in July, the most since August 2007, according to the National Association of Realtors."

Keeping mortgage rates low seems to be doing the trick as sales volume increases across the Nation and in Coconut Creek Florida.

For more information about mortgage rates visit Realty Times by clicking here.

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.

When examining Coconut Creek real estate and real estate across the country, positive signs are appearing.  The Clear Capital Report sees home prices rise across the country when analyzing quarterly results.  The report sees home value gains in all regions of the country, averaging out to 5%, with the Midwest gaining the most at 11.2%.  The Southern region had a gain of 5.3%, positive news for Florida and Coconut Creek.  The real estate improvements are linked with summer being a buying season, increased investment opportunity and the previous large drop in home values.

The second quarter of 2009 followed a period of extremely low real estate activity, couple that with tax incentives, low mortgage rates and reduced home values, and the evidence of a true buyers market became omnipresent.  Acquiring a mortgage is probably still the most difficult part of the home buying process but money is starting to loosen.  Increased sales volume indicates an improvement in the real estate sector, a welcome sign for a beleaguered economy.  Looking at national reports is all well and good but if you are interested in a specific area it is a good idea to find a local real estate expert.  If you are interested in looking at real estate in Coconut Creek call Silva Stoyanova today.

For a complete look at the Clear Capital report click here.

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 City of Coconut Creek Parks & Recreation Department will be hosting The European Charity Band, consisting of student musicians from North Broward Preparatory School and from Meritas schools around the nation on Friday, June 5, beginning at 7:00 p.m. at the Band Shell at the Coconut Creek Community Center (1100 Lyons Road).

The European Charity Band will give the home crowd a little taste of what the Band will be performing as they tour Europe this summer. Musical selections range from Jazz, Bach and the Beatles, to Broadway and Rock & Roll. Under the direction of Tour Director Danny Lieberman, the European Charity Band is comprised of select students from North Broward Preparatory School, who will visit London, Berlin, Brussels, Budapest,Amsterdam, Bratislava and Vienna. Lieberman, who is also the Vice President of Fine Arts for Meritas International Schools and North Broward Preparatory School in Coconut Creek, has been leading students throughout Europe for two decades. The tour is part of the efforts of International Make-A-Wish and this is the 12th year that Lieberman is coordinating and leading a group of teens who will share the gift of music. As an added treat, 80 students from the Meritas schools will be flying into Florida to travel and perform with the NBPS students. These students will be coming from Mexico, Texas, Phoenix, Los Angeles, Las Vegas and
Orlando.

The concert is free to the public and will begin at 7:00 p.m. Bring your blankets and lawn chairs for your seating comfort. Chairs will not be provided. Refreshments are available for purchase. For more information, contact the Special Events Hotline at 954-545-6620 or logon www.coconutcreek.net.

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.