HUGE 3/2 Davie Home SELL$ for the Asking Price of $693,000!

A HUGE 3/2 Davie home SELL$ for the asking price of $693,000!  The new home owners have so much to enjoy in this home.  From the amount of natural lighting, the large split-floor plan layout, to the bright open kitchen.  The large yard, which is large enough for a pool, boat storage, or even an RV can be viewed from the beautiful back screened patio.

This Davie community is close to some great shopping options including The Tower Shops and The Fountains Plaza.  The dining options are endless as well.  Tap 42, Vignetos Italian Restaurant, Brio Italian Grille, and Flanigan’s Seafood Bar and Grill are just some of the great dining choices.   This area also hosts some beautiful golf courses and parks.  Tree Tops Park, the Davie Pine Island Aquatic Center, and the Davie Golf Club are all just a short drive away.

Great Broward County Schools!

The Broward County schools that children living in this Davie home will attend are:

 

There are also great colleges in the area.  Nova Southeastern, Broward College, and Florida Atlantic University.

Are you interested in a home similar to this HUGE 3/2 Davie home that SOLD for the asking price of $693,000?  Do you have a home that you would like to sell in the Broward County area?  If so, contact Teri Arbogast today.  Teri will be able to help you find the value of your home and price it just right!

Whether you are looking to buy or sell a home Teri Arbogast and her team promise to work hard for you!

 

1/1.5 Pine Island Ridge Condo For Sale for $175,000!

A 1/1.5 Pine Island Ridge condo is for sale for $175,000!  There are picture-perfect views in this peaceful, pristine, and cozy condo that has been well-maintained and lovingly cared for.  There are nice-sized rooms plus a handy 1/2 bath for guests.  This unit sits on the quiet 4th floor and can come fully furnished.  The patio also has a gorgeous lake view and lots of privacy.

 

Things to Keep in Mind

Community Amenities

Enjoy access to the community’s amenities that including a clubhouse, golf course, tennis courts, exercise room, a huge pool, and restaurants. There is also a satellite pool for Poinciana.  This condo is close to movie theaters, many great restaurants, and shopping malls including Westfield Broward Mall and The Fountains Plaza.  If golf is your game, you have plenty to choose from in the area between the Davie Golf Club, Jacaranda Golf Club, or the Pine Island Ridge Country Club.

Great Broward County Schools

The great Davie schools that the children living in this home will attend are Fox Trail Elementary School, Indian Ridge Middle School and Western High School.  There are also great colleges in the area including, Nova Southeastern University, FAU and Broward College.

Are interested in this home or homes similar to this 1/1.5 Pine Island Ridge condo that is for sale for $175,000 or the surrounding area?  If so, contact Teri Arbogast at (954) 242-8030.

If you have a home that you would like to sell, contact Teri Arbogast, who will be able to help you find the value of your Davie home and price it just right!

Whether you are buying or selling a home, Teri and her team promise to work hard for you!

5/5 Custom Built, Davie Pool Home For Sale for $1,650,000!

A 5/5 custom-built, Davie pool home is for sale for $1,650,000!  This unique home with a large cozy southern-style front porch has an office, a guest house, and NO HOA!

Perfectly maintained with a terrific layout!  There is a large great room, kitchen, family room, breakfast area, and dining area.  In addition to the separate living room with fireplace, there are split bedrooms, travertine flooring and a handy interior laundry/mud room. The 840sf guest house has a private entrance, 1 bedroom,  2 bathrooms, a kitchenette, and a large living area.  This large living area can be made into 2 extra bedrooms.  It is perfect for multi-generational living, home business, in-law suite, or supplemental income.

Davie Home For Sale Lot

Davie Home For Sale Lot

Besides the NEW Metal roofs on this home, there are Impact windows and the doors are freshly painted inside and out. The big covered patio, pool and spa, with a marble deck all overlook a quaint little pond. What’s more, this home sits on a HUGE acre lot with plenty of fruit trees.

Great Broward County Schools!

The Broward County schools that children living in this Davie home will attend are:

Tons of amenities are close by this 5/5 custom built, Davie pool home for sale for $1,650,000!

This home is ultimately in a perfect location with easy access to highways that will get you to Fort Lauderdale International Airport, and any of the beautiful South Florida beaches.  The beautiful parks that are close by are Robbins Preserve, Tree Tops Park and Vista View Park.  There are tons of great restaurants in the area, including CJ Blacks Restaurant and Bar, Cilantro Asian Bistro and Mazola’s Italian Restaurant.

Are you interested in getting more information on this beautiful home?  If so, contact Teri Arbogast at (954) 242-8030.  Teri can also help you find homes for sale that are similar to this beautiful 5/5 custom built, Davie pool home for sale for $1,650,000

If you have a home that you would like to sell, contact Teri Arbogast, who will be able to help you find the value of your Davie home and price it just right!

Whether you are buying or selling a home, Teri and her team promise to work hard for you!

2/2 Gardens at Bonaventure Condo SELL$ for $320,000!

A 2/2 Gardens at Bonaventure condo SELL$ for $320,000!  This pristine corner unit with lots of natural lighting has an updated kitchen, beautiful laminate flooring, and interior laundry.

This condo is close to the Bonaventure Town Center which offers a resort-style pool!  Other amenities include tennis courts, a gym, racquetball courts, basketball courts, a bowling alley, a patio room and media room.

Excellent Broward County Schools!

The Broward County Schools that the children of this community will attend are Eagle Point Elementary, Tequesta Trace Middle and Western High.

Great amenities near The Gardens at Bonaventure!

This home is close to plenty of dining and shopping options.  Weston Town Center is close by, and offers great restaurants featuring the Boca House, Japan Inn and Graziano’s Mercado.  Beautiful parks including Peace Mound Park and Markham Park are just a short drive away.  If golf is your game, Bonaventure Golf Club is right in your backyard!

Contact Teri Arbogast if you are interested in a home similar to this 2/2 Gardens at Bonaventure condo that SOLD for $320,000.  If you have a home that you would like to sell in the Broward County area,  Teri can help you with that as well.  Teri will be able to help you find the value of your home and price it just right!

Whether you are looking to buy or sell a home Teri Arbogast and her team promise to work hard for you!

A 3/2 Single-Family Home In Davie FOR SALE For $693,000!

A 3/2 single-family home in Davie FOR SALE for $693,000!  This HUGE home sits on a LARGE fenced private lot, with 2 driveways and NO HOA!

All of the big-ticket items are done here!!  A new roof in 2018, a new fence in 2018, a new A/C in 2023, and impact windows in 2023.  There is an impact garage door and new screens.  The bright, open kitchen with plenty of cabinets has a new refrigerator, and a BRAND NEW stove!  The cozy screened front porch leads into a large split-floor plan layout, with tons of natural lighting.  All of the flooring in this home is tile, and there is a handy large utility room off of the garage.  Both of the updated bathrooms have cabana doors that lead to the covered and screened patio or the large yard that is big enough for a boat and even an RV.

Kitchen Bathroom in 3/2 single-family home in Davie FOR SALE Yard of 3/2 single-family home in Davie FOR SALE

Great Broward County Schools!

The Broward County schools that children living in this Davie home would attend are:

Great amenities close by this 3/2 single-family home in Davie that’s FOR SALE for $693,000!

This home is close to plenty of dining and shopping options at The Tower Shops that is just a short drive away. In addition to the beautiful Tree Tops Park that is nearby, Bamford Sports Complex, and the Davie Pine Island Aquatic Center are right around the corner.  If golf is your game, be sure to check out the Davie Golf Club, and Grande Oaks Golf Club.

Would you would like more information on this beautiful home?  If so, contact Teri Arbogast at (954) 242-8030.  Teri can also help you find homes for sale that are similar to this beautiful 3/2 single-family home in Davie that is FOR SALE for $693,000

If you have a home that you would like to sell, contact Teri Arbogast, who will be able to help you find the value of your Davie home and price it just right!

Whether you are buying or selling a home, Teri and her team promise to work hard for you!

 

A 3/2 single family home on lake SELL$ for $675,000!  This home is in the BEST friendly little neighborhood in Davie, New Providence East!   This home has soaring ceilings and a fabulous kitchen with a handy kitchen island.  The open and airy floor plan of this home has beautiful views of the sparkling lake and HUGE back yard.

 

The Broward County schools that the children living in New Providence East will attend are:  Flamingo Elementary School, Indian Ridge Middle School and Western High School.

The New Providence East community is located in West Davie and is close to great dining & shopping options.  Some of the great options are Sawgrass Mills Mall, Ikea, CJ Blacks Restaurant & Bar and Vignetos Italian restaurant in Weston/Sunrise.  The Amerant Bank Arena and the Davie Golf Club are both close by to catch a Florida Panther game or play a round of golf.

If you are interested in a home similar to this 3/2 single family home on lake that SOLD for $675,000 or if you have a home that you would like to sell in the Broward County area, contact Teri Arbogast.  Teri will be able to help you find the value of your home and price it just right!

Whether you are looking to buy or sell a home Teri Arbogast and her team promise to work hard for you!

Jenny Lake - Grand Teton

Jenny Lake in Grand Teton National Park

Christmas travel destinations have surprisingly become more popular.  If are considering getting away from sunny South Florida this holiday season, you must check out the beautiful destinations that Travel and Leisure Magazine has put together.

Our Favorite Travel Destinations

There are so many places to visit throughout December in our great state of Florida or outside of it.  If you decide to leave the our sunshine state of Florida, be sure to leave us a comment on where you went and the experience you had!

Happy Holidays from Teri Arbogast and her team!

Veterans Day Davie Florida

 

 

 

 

 

 

On Saturday, November 11, 2023, the Town of Davie will be celebrating all the veterans who have sacrificed and served our country at the Veterans Day Ceremony at Veterans Park, located at 5750 SW 39th Street, in Davie.  The Town of Davie Veterans Day Celebration will honor all military personnel who served in the U.S. Armed Forces and will include guest speakers, an honor guard, and an Armed Forces medley.  The ceremony is free and will run from 10 a.m. to 12 p.m.  After the ceremony, a light lunch will be served.

There is parking at Veterans Park in Davie but it is limited. There will be a shuttle bus to The Town of Davie Veterans Day Celebration from a satellite parking lot located at the Bergeron Rodeo Grounds located at 4201 Rodeo Way.  The shuttle bus will also bring you back to the Bergeron Rodeo Grounds parking lot.

The Teri Arbogast Team would like to thank the veterans who have served and are serving our great country.

If you own one of the Davie homes for sale, you’re probably feeling good that prices are inching up and sales prices are staying close to asking prices. If you would like to buy a home in Davie or elsewhere in Broward County, you should also be feeling good because mortgage rates keep hitting all-time lows in 2020.

Mortgage Rates Dropped Early in 2019

The COVID-19 pandemic hurt a lot of people and businesses, but it also had a big impact on interest rates. If you look at this chart, you’ll see that according to Freddie Mac, interest rates started to fall right around when COVID-19 started to make an impact in the U.S.

On September 10, 2020, the rate for a 30-year fixed mortgage was 2.86%. If you talk to mortgage lenders, they’ll probably tell you that they never thought they’d be quoting rates that low. Keep in mind that not everyone will get a rate reported by organizations like Freddie Mac. You’d need excellent credit and a 20% down payment to get the lowest rate offered on any given day.

What Difference Does a Point Make?

A 1% difference in the interest rate does make a difference. For example, if you financed $200,000 on a 30-year fixed mortgage, at 3.5%, your monthly payment would be $898.09. At 4.5%, your payment would go up about $115 per month to $1013.37.

The big difference comes in how much interest you’d pay over the life of the loan. At 3.5%, you’d pay $123,312 and at 4.5%, you’d pay $164,814 in interest over the life of the loan. It’s true that the majority of people don’t live in one house for 30 years. But, if you finance all the homes you purchase at the same or a higher interest rate, you still end up paying at least that higher interest over 30 years.

If your existing mortgage interest rate is high, this might be an excellent time to refinance. For example, if you purchased your home in November 2018, for example, your mortgage rate was more like 5%.

Where are Mortgage Rates Going?

Admittedly, we’re in a unique economic situation. And, in any economy, forecasting what will happen to interest rates is more of an art than a science. Here are some things to consider.

Down Below Zero?

You may think that the best news is that interest rates are heading toward 0% or even negative interest. Some countries have seen negative interest rates, but there are unintended consequences.

It would be exciting if your mortgage had a negative interest rate. That would mean that over the life of the loan, you’d end up paying less than what you borrowed. The same would be true for your car loan and any other loan you get from a bank. But, typically, a country would only use negative interest rates as a last ditch, desperate measure.

Mortgage Rate ChangesThink about the effect of negative interest rates from the savings side of the equation. Rather than interest-bearing accounts, banks would have interest-charging accounts. That means you’d need to pay the bank to hold your money, which isn’t something any of us are accustomed to. The only way you could earn money on your bank funds would be to take out a loan. It sounds like we’d fall down the rabbit hole where everything is the opposite of what it should be!

A negative interest rate strategy could backfire. For example, if banks must pay borrowers for the privilege of giving them a mortgage, the odds are banks will be less likely to give people mortgages, or any type of loan. That could have a devastating effect on our economy. And, rather than paying the bank to hold their money, some people may go back to hoarding their cash under the mattress, which would remove assets from the economy and further stifle lending and economic growth.

Stay Relatively Steady?

This seems the more likely scenario. Of the experts at Bankrate, 9% predict rates will rise, 91% predict rates will stay steady, and no expert thought rates would fall.

The Home Buying Institute also predicts that interest rates would stay low through the first half of 2021. But, keep in mind that all forecasts are just educated guesses.

If you’re thinking of refinancing, you should know that Fannie Mae and Freddie Mac announced that they will apply a .5% fee to most refinances, and experts say that in October, lenders will begin to raise refinance rates to account for the fee.

It’s a crazy time for the country, real estate, and interest rates, but if you work with professional Davie Florida Realtors like those at the Teri Arbogast Team, you’ll get the advice that will help you make informed decisions about your next real estate transaction.

Whether you’re selling or buying in Davie Florida or other County locations, we are ready to help. Take a look at our Google reviews, and you’ll see that our clients have lots of good things to say. We’re very proud of our five-star ratings on Google, Zillow, and other real estate review websites. We’d love to make you our next successful client!  Call us at 954-242-8030 or send an email today.

Teri Arbogast Team Davie FL

 

If you liked the Broward County real estate stats in June 2020, you’ll be even happier with what happened in July. The real estate indicators in July 2020 even beat what was happening in the market a year ago.

The number of CLOSED SALES in July 2020 was 1,646, an increase of .7% from last year at this time, and up from 1,313 in June 2020.

The MEDIAN SALES PRICE increased. In July 2020, it was $400,000, which is a 5.3% increase over July last year, and up from last month, when the median sales price was $390,000. The AVERAGE SALES PRICE was $511,102, which is a 7.6% increase over July 2019. It even shows an increase from the $498,158 average sales price in June of this year.

The MEDIAN PERCENT OF THE ORIGINAL LIST PRICE received held strong yet again in July at 96.9%. That’s higher than in June when it was 96.2%, and .9% higher than it was in July 2019. That’s a result of sellers setting reasonable list prices, and the competition in the market preventing a lot of negotiating.

The real estate market in Broward County sped up in July 2020. The MEDIAN TIME TO CONTRACT dropped from 44 days in June to 32 days. That’s a drop of 25.6% from July 2019, also. Homes were almost flying off the shelves, undoubtedly due to some pent up demand.

The MEDIUM TIME TO SALE was also shorter at 73 days, down from 89 days in June. That’s a drop of 14.1% over July 2019. It’s still definitely a seller’s market, but that doesn’t mean you should put off buying.

The number of NEW LISTINGS in July 2020 was 1,957, which is an increase over June’s number of 1,772, and 3.9% higher than this time last year.

At the end of July 2020, there were 3,725 ACTIVE LISTINGS, representing a 3.1 MONTHS SUPPLY OF INVENTORY, which is less than last month, when we had a 3.4 months’ supply. If you’re thinking about selling, now would be a good time to jump into the market because there are a lot of buyers out there looking for a new place to call home.

Our active listings and inventory supply are much lower than this time last year when there were 5,562 active listings representing a 4.2 months’ supply. It’s likely that the COVID-19 pandemic has had an effect on those numbers.

Whether you’re selling or buying in Davie Florida or other County locations, you’ll want to work with professional Realtors in Davie who serve all of Broward County. Please consider the Teri Arbogast Real Estate Team. Take a look at our Google reviews, and you’ll see that our clients have lots of good things to say. We’re very proud of our five-star ratings on Google, Zillow, and other real estate review websites. We’d love to make you our next successful client!  Call us at 954-242-8030 or send an email today.

Teri Arbogast Team

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