Friday, February 24, 2017

Real Estate News February 2017

Real Estate News Febraury 2017
Buying Is Better Than Renting in Most Markets...
but for How Long?
Buying a home is more affordable than renting one in 66 percent of housing markets in the U.S., with Cook County, Ill., Maricopa County, Ariz. and Miami-Dade County, Fla. among those with the highest buy affordability, according to ATTOM Data Solutions' 2017 Rental Affordability Report. Renting a home, to compare, is more affordable than buying one in 34 percent of markets, with Dallas County, Texas, Kings County, N.Y. and Santa Clara County, Calif. among those with the highest rent affordability.

Predominantly impacting affordability are stagnant wages, which have lagged at a growth rate of 2.2 percent since one year ago, compared to home prices, up 5.7 percent, and rents, up 4.2 percent.

Rising mortgage rates could deal another blow to affordability. Average rates, which retreated since charging forward following the election, are currently above 4 percent.

Home price growth outpaced wage growth in 79 percent of the counties analyzed in the report, while rent growth outpaced wage growth in 62 percent. Wage growth, however, outpaced home price growth in 21 percent of the counties analyzed, and outpaced rent growth in 38 percent.

A monthly house payment on a median-priced home will require 36.6 percent of average wages, according to the report; a monthly fair market rent will require 38.6 percent.  
How to Reduce Your Carbon Footprint at Home
Image 2You drive a fuel efficient car, recycle and bring your own reusable shopping bags to the store. But how can you work on reducing your carbon footprint at home?

For more Americans, heating and cooling your home accounts for nearly 50 percent of personal carbon emissions.

Adequate insulation. Check your home's insulation to make sure you're not losing that warm air your home works so hard to provide you with.

Energy Star systems. From windows to appliances, using Energy Star-rated systems can help your home work more efficiently.

Programmable thermostats. Set your thermostat to lower the temperature of your home when you're out, or asleep.  

Smarter lights. Switch from old, incandescent light bulbs to new light emitting diodes (LED) options which last longer and use less energy.

Monitor water use. Many of us use over ten gallons of water a day. Take shorter, cooler showers, make sure your dishwasher or washing machine is full when you run it, and turn off the faucet when brushing your teeth or shaving.  

Showcase Properties

876 E Jeffery Street
Boca Raton, FL 33487
3 Baths: 2.1
Price: $3,000
0000 NW 66 Lane
Parkland, FL 33067
0 Baths: 0
Price: $900,000
2940 N Course Drive #511
Pompano Beach, FL 33069
2 Baths: 2
Price: $135,000

Thursday, February 23, 2017

3752 Miramontes Circle Wellington, FL 33414

Property Site:
Charming home in Grand Isles in Wellington. Situated on large pie shape lot. Home boasts 1,721 sq.ft- 3 bedrooms, 2 bath & separate tub/Jacuzzi. Entrance features Mosaic inlay w/ tile throughout,Vaulted ceilings, Large living room & kit chen w/ granite countertops. Laundry room w/added utility sink. Come see this one of a kind home located in desirable Grand Isles Two pools & an exquisite club house! Make this paradise your home & enjoy extra large yard with no rear neighbors!
Bedrooms: 3
Bathrooms: 2
Square feet: 1,721
Price: $2,500

For more information about this property, please contact Sergio Lucena PA at 561-288-0907 or You can also text 4172188 to 67299.

See more listings at:

MLS ID: RX-10310497

Friday, February 17, 2017

1160 S Hillsboro Mile 606 Hillsboro Beach, FL 33062

Property Site:
Completely renovated Hillsboro Mile, 2 bedroom corner apartment, 6th floor, breathtaking intracoastal and ocean views. Private boat dockage available with no fixed bridges to ocean. Deeded ocean access with lounge chairs on the beach. This unit is beautifully renovated with granite counters in kitchen and bathrooms, gorgeous cabinetry with rollouts and soft close, Bruce hardwood floors, Hurricane windows throughout, storm shutters for balcony, Cardinal Glass in bathrooms, and much more. This building sits on its own island on the intracoastal. There is a clubhouse, a pool overlooking the intracoastal, fitness center and deeded reserved covered parking.
Bedrooms: 2
Bathrooms: 2
Square feet: 1,350
Price: $500,000

For more information about this property, please contact Sergio Lucena PA at 561-288-0907 or You can also text 4160195 to 67299.

See more listings at:

MLS ID: RX-10308998

Wednesday, February 1, 2017

8128 Desmond Drive Boynton Beach, FL 33472

Property Site:
Spectacular Muirhead Estates home in the beautiful country club community of Aberdeen. This gorgeous home features 3 bedrooms including a stunning master suite and master bathroom and an additional den/office/guest room that can easily be a 4th bedroom. This desirable split layout plan has 3.5 baths and a spacious 3-car garage. The landscaped pool and lanai are completely screened in, overlooking water and the golf course. Extras include 2 AC zones, 2 hot water heaters and more. Aberdeen offers a championship 18-hole golf course designed by Desmond Muirhead, 15 har-tru tennis courts, and a brand new state-of-the-art fitness, tennis and aquatics facility, which incorporates a resort style pool complex and cafe.
Bedrooms: 3
Bathrooms: 4
Square feet: 3,223
Price: $535,000

For more information about this property, please contact Sergio Lucena PA at 561-288-0907 or You can also text 4126598 to 67299.

See more listings at:

MLS ID: RX-10303643