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Serving: Parkland, Coral Springs & Boca Raton
www.parklandpowerteam.com

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Parkland Power Team
Heron Bay Real Estate

Parkland Florida 33076 Market data statistics for February 2014.

The  Parkland Florida real estate market continues to improve every month.

run the February 1 2014

Market data for January 2014  for Single family Homes in Parkland Fl.   Florida
City statistical report Available inventory New on Market Average list price Pending Closed sale Average sale price % LP -SP Average
days on the market
Boca Raton

299

95

538,315

24

38

391,309

94.5

95

Coral Springs

450

103

337,353

59

60

337,354

97.9

41

Coconut Creek

117

46

283,511

20

16

256,656

94.8

58

Fort Lauderdale

1,108

329

1,353,356

104

136

527,749

97

74

Parkland Florida

214

60

936,000

19

20

5554,075

96.4

79

Run March 1 2014

Market data for February 2014 for Single family Homes in Parkland Fl.  & Coral Springs Fl.
City statistical report Available inventory New on Market Average list price Pending Closed sale Average sale price % LP -SP Average
days on the market
Boca Raton

321

94

564,806

34

19

418,963

95.3

78

Coral Springs

488

153

395,261

54

56

336,241

96.9

57

Coconut Creek

132

55

309,554

24

20

284,398

95.3

78

Fort Lauderdale

1,195

293

1,268,271

118

118

723,187

94.2

82

Parkland Florida

245

65

917,047

18

18

606,742

96.4

63

Parkland Florida video to help you see the city in general.


Young U.S. Generation ‘Optimistic’ in Home Buying

Residential News » North America Edition | By Francys Vallecillo |

Young home buyers in the U.S. see their homes as a good investment, while older buyers are more likely to trade down to a small home to match changing lifestyles, according to a new study. In the new Home Buyer and Seller Generation Trends study, the National Association of Realtors found eight out of 10

recent buyers considered their homes a good financial investment, ranging from 87 percent for buyers age 33 and younger, to 74 percent for buyers 68 and older. The millennial generation, or Generation Y, are those born between 1980 and 1995. This group acco 31 percent of recent purchases, accounting for the largest buying group. unted for Lawrence Yun says: ”Given that Millennials are the largest generation in history after the baby boomers, it means there is a potential for strong underlying demand. Moreover, their aspiration and the long-term investment aspect to owning a home remain solid among young people,” NAR chief economist Lawrence Yun said in the study. “However, the challenges of tight credit, limited inventory, eroding affordability and high debt loads have limited the capacity of young people to own.”

The Millennial generation, who often cited the desire to own a home of their own, were more likely to buy in an urban or central city area, with 19 percent.The Older Boomers, on the other hand, cited retirement as a reason to buy a home, with 12 percent buying in an urban or central city area.The percentages of recent home purchases for older generations was notable lower in the study; 16 percent for Younger Boomers, those born between 1955 and 1964; 14 percent were Older Boomers, born between 1946 and 1954; and 9 percent were from the Silent Generation, those born between 1925 and 1945.

Overall, home sales in the U.S. are likely to increase as pending home purchases increased last month. The Census Bureau reported high new home sales in January, breathing new life into the recovering housing market.

parkland blog buy mistakes Heron Bay Parkland florida MLS
Young U.S. Generation ‘Optimistic’ in Home Buying

Residential News » North America Edition | By Francys Vallecillo |

Young home buyers in the U.S. see their homes as a good investment, while older buyers are more likely to trade down to a small home to match changing lifestyles, according to a new study. In the new Home Buyer and Seller Generation Trends study, the National Association of Realtors found eight out of 10

recent buyers considered their homes a good financial investment, ranging from 87 percent for buyers age 33 and younger, to 74 percent for buyers 68 and older. The millennial generation, or Generation Y, are those born between 1980 and 1995. This group acco

31 percent of recent purchases, accounting for the largest buying group. unted for

Lawrence Yun says: ”Given that Millennials are the largest generation in history after the baby boomers, it means there is a potential for strong underlying demand. Moreover, their aspiration and the long-term investment aspect to owning a home remain solid among young people,” NAR chief economist Lawrence Yun said in the study.  “However, the challenges of tight credit, limited inventory, eroding affordability and high debt loads have limited the capacity of young people to own.”

The Millennial generation, who often cited the desire to own a home of their own, were more likely to buy in an urban or central city area, with 19 percent.The Older Boomers, on the other hand, cited retirement as a reason to buy a home, with 12 percent buying in an urban or central city area.The percentages of recent home purchases for older generations was notable lower in the study; 16 percent for Younger Boomers, those born between 1955 and 1964; 14 percent were Older Boomers, born between 1946 and 1954; and 9 percent were from the Silent Generation, those born between 1925 and 1945.

Overall, home sales in the U.S. are likely to increase as pending home purchases increased last month. The Census Bureau reported high new home sales in January, breathing new life into the recovering housing market.

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