Parkland Parrot Squawk Report - Spring 2017

Spring 2017 Edition

SQUAWK REPORT

PARKLAND REAL ESTATE UPDATE

THE BRAND YOU CAN TRUST RE/MAX Agent in Florida

FREE

FREE

details on pages 2-3

Parkland Home Value Seminar

FREE

The Citron Real Estate Group Presents

FREE

Real Estate Team in Parkland

The Citron Real Estate Group Presents:

Parkland

HOME VALUE

Seminar Learn More About Parkland Real Estate Ask The Experts!

Tuesday, May 30, 2017 at 6:00 pm Marriott Coral Springs Hotel at Heron Bay 11775 Heron Bay Boulevard • Coral Springs, FL 33076 Don’t Miss this Opportunity to Gain a Multi-Dimensional Perspective on the Past, Present and Future of Parkland’s Real Estate Market!

Register online at ParklandHomeSeminar.com Register now to secure your spot! Seating is Limited.

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954.609.0591

Featured Speakers Michael Citron #1 RE/MAX Florida Agent & Parkland Resident RealtorÂŽ Discussion Topic: Update and projections on Parkland Real Estate Michael is a top-producing Parkland and South Florida real estate professional. He is honored to achieve numerous real estate awards for the past 13 years including being a top 1% Nationwide Realtor as well as the #1 Florida RE/MAX agent for 2016.

Michael Udine Broward County Commissioner Discussion Topic: Update on City of Parkland and Broward County Michael Udine is the Dist. 3 Broward County Commissioner and serves Coral Springs, Parkland, Tamarac, and N. Lauderdale. He previously served as the Mayor for the City of Parkland and has been an active member of the Broward Planning Council and the Metropolitan Planning Organization.

Marty Kiar Broward County Property Appraiser Discussion Topic: Property tax programs and home values Marty Kiar is the current Broward County Property Appraiser. He has spent the past 10 years serving the public as a member of the Florida House of Representatives as well as District 1 Broward County Commissioner, Vice Mayor, and ultimately Mayor.

Abby Freedman Broward County School Board Chair Discussion Topic: School expansions and rezoning Abby Freedman is the current School Board Chair and has served on the Broward County School Board since 2012. She is a Parkland resident and an advocate for all children as well as a parent/volunteer activist for Broward County Schools.

Bring Your Questions!

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OUR CLIENTS SAY IT BEST Our Team WORKS to exceed clients’ expectations!

Paula Alves not only is professional but a great person. The whole process was smooth with her. She took her time showing us different options in order to come out with our best decisions which we made it based on her advice and knowledge. We would also like to thank her team, very professional as well, who really understood our needs and did an excellent job. In a matter of weeks we were able to move to our new home and we look forward to do business with them in the future.

Pedro

& Gloria Rodriguez

Stephanie and the entire team was amazing! The patience and level of expertise far exceeded my expectations.

Things could not have gone any smoother and I credit that to her knowledge of real estate and the local market.

The attention to detail has made this a very pleasant experience overall and I will be using her in any future sales and/or purchases.

Trisha Clark

Michael had a fantastic video made of our home and he made sure to accompany any potential buyer that came to our home to ensure that they had a proper showing. He also has a great eye for staging.

I believe these things were key to the quick sale of our home. He is also extremely knowledgeable about Parkland.

Nishant

& Tara Pillai

Paula went above and beyond to help me get my house ready to sell and was with me every step of the way until it was sold just a few days later.

She put a lot of work into my listing, spent a lot of time answering my questions, and was on my side, working hard to ensure that the whole process was as simple and successful as possible. Paula gives great advice, is incredibly professional, knowledgeable, and honest, and has a work ethic that surpasses no one. Anytime I needed her, no matter the time or day, Paula was there for me. If you are looking to sell your home and/or purchase a new one, I highly recommend Paula and her team. My experience was amazing and yours will be too.

Lori Rosenberg

As first-time home-buyers who were new to the area, we needed someone with local expertise who could patiently walk us through the process, as well as be responsive to our specific questions. Stephanie’s knowledge of the Parkland area - from elementary schools to cleaning services - was incredibly helpful to us. Plus, she responded to my calls and texts almost immediately every time. We highly recommend her!

Steven

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954.609.0591

&Lisa Brenner

WHY WORKING WITH THE

PARKLAND REAL ESTATE TEAM i s BE TTER than a s ingle agent

Michael Citron Team Leader Parkland Resident RealtorÂŽ

Stephanie Citron

Dennis Gogonas

Paula Alves

Listing/Buyer Specialist

Listing/Buyer Specialist

Listing/Buyer Specialist

Brooke Mortensen

Jorge Perez

Office Manager/Transaction Coordinator

Marketing Director

24/7 Availability There Is A Specialist To Turn To In Every Aspect Of Your Transaction

Experience We Have Over 35+ Years Of Real Estate Experience Working For You And Your Family

Success In 2016 We Helped Over 88 Customers Sell or Buy Resulting in $45 Million in Real Estate Visit MyParklandHomeValue.com

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SQUAWK REPORT 695,769

1st Qtr.

2016

2016

2016

2017

$

$

$

Avg. List Price Avg. Sales Price

187

189

194

$

170

121

102

108

85

76

Avg. Sales Price/Sq. Ft.

$

$

Total Properties Sold

200

Avg. Days on Market

122

$

SQUAWK TALK The Parkland real estate market has improved over the past year. There has been a 6% increase in the average sales price from last year, but appreciation in the market has started to slow down. From last quarter of 2016 to the first quarter of 2017, the average sales price has declined by 9%. With the summer almost here, more families will want to make a move and get settled in their new Parkland home before the school year begins. If you are looking to make a move, now would be a great time to take advantage of record sale prices and still low interest rates on your next purchase.

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640,114

4th Qtr.

675,124

694,523 $ 662,164 3rd Qtr.

$

HOME SALES

$

699,377 $ 666,672 2nd Qtr.

$

SINGLE FAMILY

728,764

2017 First Quarter Report

954.609.0591

187

Avg. List Price Avg. Sales Price Avg. Sales Price/Sq. Ft.

333,807

350,537

$

$

$

303,944

328,834 $

SALES

359,558 $ 346,909

COACH HOME

$

VILLA AND

$

TOWNHOME

337,008 $ 326,699

Parkland Real Estate Market Activity

2nd Qtr.

3rd Qtr.

4th Qtr.

1st Qtr.

2016

2016

2016

2017

186

$

186

$

195

$

182

$

Total Properties Sold

14

10

10

15

Avg. Days on Market

91

82

62

68

SQUAWK TALK This market continues to thrive as more and more people seek to live the Parkland lifestyle at a more affordable price. Compared to a year ago, homes have taken 20 days less to sell and are selling for an average of 12% more than last year. Currently, the market available inventory is low with only 27 homes for sale. As a result, with the lack of inventory, these homes will continue to appreciate in value. Although prices continue to increase, these homes are still great deals for potential home buyers to live in Parkland.

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BOOST YOUR HOME S VALUE 5 Improvements That Can Pay Off Big

1

Facelift Your Kitchen & Baths: The kitchen is the heartbeat of the home.

2

Rent A Storage Unit: Buyers love to see an open floor plan that is free and clear of clutter.

3 4 5

Typically, this is where buyers are drawn to as soon as they enter your home. As a result, the most inexpensive improvements are to change the cabinet handles as well as well as adding brighter and more energy efficient lighting to give some life to your kitchen and baths. If you have a larger budget, instead of replacing your cabinets, hire a company to reface them at a fraction of the cost. We suggest refacing your cabinets in a white color and using silver or brushed nickel cabinet handles to give your home a contemporary feel without breaking the bank!

We recommend our sellers purchase a storage unit and box up all personal pictures and large items that do not need to be in the home while on the market for sale. Homes that are clutter-free feel larger! Remember, there will most likely be multiple buyers coming through your home, and it will look larger with less personal items and large furniture.

Consider Curb Appeal:

The fronts of homes are clients’ first and last impressions and ultimately the last thing they remember when leaving your home. As a result, simple cost-effective landscaping should be considered before placing your home on the market. Mow lawn, trim all bushes and trees, and plant some colorful flowers. Also, please spruce up your backyard landscaping, as buyers enjoy entertaining during the spring/summer months and hosting family barbecues and get-togethers.

Pre-Listing Home Inspection:

We recommend that our clients hire a home inspector to identify any major or minor issues in order to address any concerns before placing homes on the market for sale.

It is imperative to have a licensed inspector, roofer, termite company, and any other contractors make sure any issues are rectified before critical buyers preview homes for sale.

Hire Citron Real Estate Group: We do not just list and sell homes.

Our team of experts can also help you throughout the entire pre-listing period. We put together a step-by-step staging plan of action for all of our clients in order to make sure their homes are ready for sale to the public resulting in record prices in the shortest period of time. We have access to exceptional inspectors, contracts, handymen, and stagers in order to make the pre-listing period carefree. Please call 954-609-0591, so we can earn your business and trust!

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ASK THE EXPERT Mortgage Q &A with Joe Palopoli WHY SHOULD I WORK WITH SUPREME LENDING OVER A BANK? Banks are in the business of taking deposits and managing accounts. We specialize in mortgages. Most banks have new people taking calls that don’t have mortgage knowledge. You don’t have to be licensed to work at a bank, so most of their loan officers are inexperienced. They just refer you to a remote call center. Customers need an expert who knows the complexity of the market. I have over 25 years of experience in home loans, and you can reach me anytime for anything. A question may pop into my customers head on a Sunday evening and I’ll take that call.

HOW IS THE SUPREME LENDING PROCESS DIFFERENT? One of the main reasons why our “Close on time - Fund on time” success ratio is over 98%, is that we underwrite first, then process the loan. Most banks process first, then give it to the person (underwriter) who has the authority to approve your loan. Keep in mind, that since most of the loan officers are inexperienced, they depend on the underwriter to determine if the loan is approved or denied. Since they don’t know at the time of application, this is the reason why so many banks deny their loans right before closing.

HOW CAN A SUPREME LENDING PRE-APPROVAL BE THE DIFFERENCE IN YOU GETTING THE HOUSE YOU WANT OR NOT? When I get a call to do a pre-approval, the first step is a short phone “interview” with the customer where I ask questions that help me understand their individual circumstances. Then, I provide them with a list of items to send me including banking, income and asset information. I review their credit report and basically create a complete file that’s ready to go when they find a house and sign a contract. This fully documented pre-approval assures the customer and Realtors that they can confidently make an offer, just like a cash buyer. The right mortgage banker will help your offer stand out against other buyer offers. Our reputation is well known throughout the real estate market in South Florida. A Supreme preapproval will be well received by the seller and the seller’s listing agent.

Our Goal

Close on Time. Fund on Time.

Joseph Palopoli, Jr. Senior Loan Officer Cell: 954.849.3457 Office: 561.455.0828

joe.palopoli@supremelending.com www.joepalopoli.supremelending.com

Call us anytime.....for anything.

LOCAL AND LONG DISTANCE MOVING EXPERTS CALL FOR A FREE ESTIMATE

1-914-467-0890 Ask For Brian!

When you choose American Van Lines as your mover, you can expect preferred treatment & a relocation process that is second to none. Our dedication to client satisfaction is our priority.

Just remember...

“If you’re going to move, do it the American Way!”

www.americanvanlines.com

LOCAL

LONG DISTANCE

COMMERCIAL

STORAGE

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INTERNATIONAL 9

FEATURED LISTINGS PINE TREE ESTATES 6970 NW 65th Ter. • Parkland, FL 33067 Custom Estate Home On Over 1 Acre Lot On The Most Private North Pine Tree Estates Section! $180,000 In Upgrades, 4 Full Beds, 5 Baths, Newer Roof, Separate 2nd Bed Suite Added Perfect For In-Laws Or Guests, 3 A/C Zones, Newer Water Heater, Upgraded Kitchen With Stainless Steel Appliances, Granite Counters, Island, Spacious Family Room With Wood Burning Fireplace, Bar Area Perfect For Entertaining, Fall In Love With Screened-In Patio/Pool Area, Fenced In Yard With Lush Landscaping, Must See Today!

EAGLE POINT 2143 Oakland Hills Way • Coral Springs, FL 33071 $163,000 In Upgrades! Eagle Trace Dream Home 5 Full Beds, 3 Baths, Pool Home On Cul-De-Sac Lot. Circular Driveway, Corner Lot With Water Views, Updated Kitchen With Stainless Steel Appliances, Newer Roof, Granite Counters, Custom Wood Cabinets, 24x24 Porcelain Tile Floor In Living Areas, Newer A/C Unit, Water Heater, New Master Bath & Cabana Bath, Newer Screened-In Patio, Newer Pool Pump & Filtration, New Super Gutters, New Landscaping, Huge Master Bed With Sitting Area, Wood Floors, 3 Walk-In Closets, Must See!

PARKLAND GOLF & COUNTRY 10132 Sweet Bay Mnr. • Parkland, FL 33076 STUNNING & One Of A Kind Dream Home With Over $150,000 In Upgrades! Bolano Model, 5 Beds, 4.5 Bath Pool Home With Amazing Lake Views, Gourmet Kitchen, Bonus Room With Sound Barrier Wall, Professionally Decorated, Extended Screened Lanai, Lush Landscaping, Plantation Shutters, Travertine And Hardwood Floors, Marble In Master Bath, Bedroom Downstairs Has Full Bathroom With Cabana Door, Extra Large 90 Foot Salt Water Pool, Built-In Closets, Wainscoting, Backyard Paradise. Why Build When You Can Buy Your Dream Home Today!

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954.609.0591

We Just Listed!

Our Record Sales!

UNDER CONTRACT PARKLAND ISLES 6667 NW 110th Way • Parkland, FL 33076 Upgraded 5 Bed, 4 Bath Waterfront Pool Home On Oversized Corner Lot With 3-Car Garage In Prestigious Gated Community. Popular Mariner Model Home With 2 Staircases, Split Floorplan, Master & 2nd Bedroom On 1st Floor, Spacious Kitchen With Granite Counters, Island, Stainless Steel Appliances, Double Oven, Bar With Wine Fridge, French Doors To Screened-In Patio, Saltwater Pool/Jacuzzi, Outdoor Meditation Area, Huge Master with Sitting Area, Master Spa With Frameless Shower, Separate Tub, Dual Sinks, A-Schools, Resort Amenities

HERON BAY • SAWGRASS BAY 11770 NW 81st Ct. • Parkland, FL 33076 Turnkey, Former Builder Model 4 Beds, 3 Baths Waterfront Pool Home With Upgrades Galore! Professionally Furnished Home, Popular Tri-Split Cypress Model Floorplan With 3-Car Garage, Impact Windows & Doors, Stunning Pool With Spa & Waterfall, Overlooking Water, Patio/Pool Area Perfect For Entertaining, Attention To Detail With Updated Kitchen With Gas Range, Granite Counters, Stainless Steel Appliances, Updated Window Treatments, Floors, Crown Molding, Meticulously Maintained, Master Bath Fit For A King & Queen, Must See!

WATERCREST 11380 Carrington Ave. • Parkland, FL 33076 AMAZING 6 Beds + Office, 4 Baths Waterfront Venetian Model Home, Breathtaking Lakefront Lot That You Have To See To Appreciate! Additional $74,000 In Seller Upgrades, Extended Marble Patio Extension & Walkway, Stunning Kitchen With Stainless Steel Appliances, Backsplash, & Granite Counters, Double Oven, Spacious Master Bath With Separate Tub & Shower, Both Master Bed & Bath With Amazing Water Views! Huge 2nd Bedroom Which Could Be A Game Room, So Many Upgrades From Builder & Sellers, A-Schools, Resort Style Clubhouse

CALL US TODAY, AND YOUR HOME COULD BE ONE OF OUR NEXT RECORD SALES! ParklandParrot.com

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MICHAEL CITRON

Parkland Resident Real Estate Specialist

954.609.0591

PA R KC R E E K

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