Singer Island A1A Road Beautification to Begin

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Good News!  The long awaited beautification of State Road A1A on Singer Island, Florida is about to become a reality.  This project has been in planning for several  years and  is set to commence in December of 2009 dressing up the road through the heart of Singer Island with new landscaping, decorative street lights, benches and bicycle lanes.  The project stretches 3.25 …

Weekly Condo Update: 6/5/09 – Condos for Sale on Singer Island, Florida

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There are 360 condos for resale on Singer Island; 11 condos are currently pending and 1 condo sold within the past 7 days. The condo that sold closed for 72% of list price. Rates on 30-year mortgages rose above 5% this week for the first time in 3 months. Rates rose from 4.91% to a 5.29% average. The average 15-year fixed mortgage rate also …

Weekly Condo Update: 5/22/09 – Condos for Sale on Singer Island, Florida

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There are 370 condos for resale on Singer Island (6 new listings came on the market over this past week); 8 condos are currently pending and 3 condos sold within the past 7 days. The condos that sold closed for 80-90% of list price. Rates on 30-year mortgages fell this week from 4.86% to a 4.82% average.  Rates have been below 5% for 10 consecutive weeks.  The average …

Weekly Condo Update: 5/15/09 – Condos for Sale on Singer Island, Florida

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There are 373 condos for resale on Singer Island (4 new listings came on the market over this past week); 7 condos are currently pending and 2 condos sold within the past 7 days. The condos that sold closed for 74% and 87% of list price. Rates on 30-year mortgages rose this week from a 4.84% average to a 4.86% average.  Rates have been below 5% for nine consecutive …

Weekly Condo Update – 5/1/09: Condo sales on Singer Island, FL

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There are 379 condos for resale on Singer Island (4 new listings came on the market over this past week); 6 condos are currently pending and 4 condos sold within the past 7 days. The sold condos closed for 81% to 91% of list price. Rates on 30-year mortgages tied the record low trending downward from 4.80% to 4.78%, the record low that occurred on …

Weekly Update – 4/24/09: Condos for sale on Singer Island, Florida

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There are 393 condos for resale on Singer Island (6 new listings came on the market over this past week); 7 condos are currently pending and 1 condo sold within the past 7 days for 84% of list price. Rates on 30-year mortgages fell slightly from last week but remained just ahead of record lows posted this month; the 4.80 % is …

Singer Island Condos – Sales & Real Estate Market Report

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There are 392 condos for resale on Singer Island (12 new listings came on the market over this past week); 10 condos are currently pending and 1 condo sold within the past 7 days for 93% of list price. Mortgage rates for 30-yr fixed rate fell this week from 4.87% to 4.82%. The 15-yr fixed mortgage rate fell from 4.54% to 4.48%. According to …

Weekly Update – 4/3/09: Condos for sale on Singer Island, Florida

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There are 385 condos for resale on Singer Island (7 new listings came on the market over this past week); 4 condos sold in the last 7 days and 9 are currently pending. The condos sold for 95%, 77%, 66% and 86% of their respective list prices. Mortgage rates for 30-yr fixed rate fell this week from 4.85% to 4.78%, the lowest point …

Weekly Condo Update – 3/13/09: Condos for sale on Singer Island, Florida

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There are 382 condos for resale on Singer Island (10 new listings came on the market over this past week); 4 condos sold in the last 7 days and 9 are currently pending. Mortgage rates for 30-yr fixed rate fell this week from 5.15% to 5.03%; at this time last year, the 30-year, fixed-rate mortgage averaged 6.13 percent. The 15-yr fixed mortgage rate fell …

Weekly Condo Update – 3/6/09: Condos for Sale on Singer Island, Florida

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There are 377 condos for resale on Singer Island (9 new listings came on the market over this past week); 0 condos sold in the last 7 days and 15 are currently pending. Mortgage rates for 30-yr fixed rate rose this week from 5.07% to 5.15% despite falling stock prices; at this time last year, the 30-year, fixed-rate mortgage averaged 6.03 percent. The …