Monday, November 22, 2010

Pembroke Falls of Pembroke Pines, FL 180 Day Update

With all of the recent problems in the local real estate market in South Florida, it appears that Pembroke Falls is not as bad as you think. Although not immune to the chaos, it is still Pembroke Pine's premiere community.

In the past 180 days, 21 homes have gone on the market ranging from a $699K 5/5 to a 289.900. 3/2.5. Of those 21, seven are short sales and only one an REO.

In the same time period, 15 homes have closed ranging from $255K on the low end to $450K on the high end. That is slightly troubling, especially given the fact that six of those were REO's and two short sales.

And finally, there are currently 8 pending homes in Pembroke Falls ranging from a $219K 4/3 to a $500K 5/4. Of those eight, three are short sales and only one an REO.

Essentially, almost half of all sales and actives in Pembroke Falls in the last six months have been either a short sale or REO. Even though that sounds bad, given the grand scheme of things today in the area, it could be a lot worse. Prices are still better than they were in 1997 when the project started, which means that we haven't dipped below the mendoza line like a lot of the others in the area. It's still a nice place to live and raise a family at a reasonable price. And the area offers so much to do with it's close proximity to Ft. Lauderdale and Miami, Florida.

Wednesday, November 10, 2010

New Townhouse For Sale in Pembroke Pines, Florida

Calling all buyers who want to live in Broward's second largest city, Pembroke Pines, Florida. Located just 15 minutes from downtown Ft. Lauderdale, Pembroke Pines offers a wealth of lovely homes to choose from. I am offering this lovely 3/3 townhouse in Walnut Creek for $219,900. in a short sale, so feel free to make an offer.
Contact me at 954-214-6014 for additional information on the short sale process or visit my website at
Community offers a variety of amenities including spacious pool with spa, tennis courts, playground, and lovely clubhouse with gym. Who wouldn't want to come home to this?
Brought to you by Morris Massre, Fortune International Realty, Weston, Florida

Tuesday, November 2, 2010

Buy This Pembroke Pines Short Sale Now!

Single family, corner 2/2 short sale on the market for sale at only $129,900.! Located in the lovely Sunswept neighborhood of Pembroke Pines, this homes features lots of upgrades, including tile and laminate floors throughout, remodeled kitchen with granite counters and stainless steel appliances, large family room, formal dining area, large storage shed, fenced-in back yard, circular, brick pavered driveway, one car garage, and bonus room.

Contact me at 954-214-6014 or at to view or make an offer. Great house for living or investment for rental. Will be happy to send video of home to all interested buyers. This is a run, don't walk, type of deal.