Eric Ackerman announces the latest real estate news for
Fort Lauderdale, Wilton Manors and all of South Florida.
Fort Lauderdale real estate development is big news for Broward County. In fact, the South Florida housing market is booming and has been for several years. It's a great area to invest and/or buy a second home.
Eric Ackerman is on top of all the latest proposed projects and developments in the area. There are over 100 new & pre-construction condominiums , town homes and lofts slated for 2005 and 2006.
The following articles were published in www.sun-sentinal.com regarding the Fort Lauderdale real estate housing market . We are providing these articles to you for educational purposes.
ARTICLES
Trump among three partners planning 40-story condo in Hollywood
January 26, 2006 - The Sun Sentinal writes that three of South Florida's most prolific developers have joined forces to build Trump Hollywood, a 200-unit luxury condominium on the beach in Hollywood where prices will start at $1.5 million.
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Ft. Lauderdale ok's 3,000 more units; 15% to be affordable
January 19, 2006 - The Sun Sentinal writes that with a swift unanimous vote, the City Commission on Wednesday made final it's desire to welcome another wave of residential development in downtown Ft. Lauderdale.
City officials promised regional planners that a full 15% of the additional units would be "affordable."
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Housing Project Approved in Oakland Park
January 2, 2006 - The Sun Sentinal writes that after years of discussions
& plan revisions, city commissioners gave the final approval to Oakland
Park Station, a development of 224 condominiums & 89 town homes in the
heart of the downtown district.
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Study predicts twice as many people in Ft. Lauderdale 20 years from now
December 21, 2005 - South Florida Sun Sentinal article states that in 20 years from now, Ft. Lauderdale's population will almost double in size. Massive high rises & chic town houses will continue to go up in the downtown area. Main arteries into downtown will be narrowed allowing for new bike paths, turning lanes and on-street parking.
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Fort Lauderdale approves 42-story condo near Stranahan House
December 7, 2005 - South Florida Sun Sentinal article that the city commissioners gave a final nod Tuesday to a controversial 42-story residential tower next to the Stranahan House on the Hyde Park Market site. At 455 feet, the structure will be the tallest in the city. As planned, this project includes a public plaza on Las Olas Boulevard in front of the Stranahan House as well as a continuation of Riverwalk.
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Fort Lauderdale approves condo-retail complex
October 6, 2005 - South Florida Sun Sentinal article states that a major development project has been approved that will demolish smaller buildings to make way for larger ones. Satori, a single development with heights of three, five, six & seven stories, will replace the one and two-story existing homes in the Lake Ridge area. Satori will provide 281 condos plus 13,253 sq ft. of store space.
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South Florida not the most expensive real estate market
October 3, 2005 - South Florida Sun Sentinal article states that Florida contains some of the more affordable housing prices in the United States, especially when compared with many areas in California. Broward County continues to offer exceptional value to the consumer.
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Hot Florida home prices up 108% in five years
July 27, 2005 - South Florida Sun Sentinal article states that the median price of an existing single-family home in South Florida climbed even higher in June as a combination of low mortgage rates, high demand and tight supply fueled the red-hot South Florida real estate market.
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Fort Lauderdale may lower tax rate by 5.9%
July 20, 2005 - South Florida Sun Sentinal article states that established homeowners would get property tax relief in 2005-06 under the budget proposal approved on Tuesday. The tax rate suggested is 5.9% lower that last year's tax rate.
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New Wave of high-rises to alter Fort Lauderdale 's sky again
July 17, 2005 - South Florida Sun Sentinal article stated that a second wave of development, $1.3 billion in land purchases and construction, soon will overtake downtown Fort Lauderdale and redefine the skyline. Many of the projects have already been approved and welcomed by city leaders eager to see an urban renaissance.
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