FORT LAUDERDALE, FL – Coldwell Banker Residential Real Estate is pleased to announce sales associate Tim Elmes, of the company’s Fort Lauderdale-South East Beach office, has closed two, million dollar sales, in one day. Elmes’ listing at 2435 Aqua Vista Boulevard sold for $2.95 million, while his listing and 8 South Gordon Road closed for $2.315 million.
“The Fort Lauderdale luxury market is very positive right now,” said Elmes, a Coldwell Banker Previews International agent. “We are seeing a lot more buyers in the market place, with cash, willing to invest in the property market. There are a lot of real people out there, with real money, looking to buy. They are tired of sitting on the fence. And the potential buyers who are looking to finance are getting some record-low interest-rate loans.”
Unlike many areas of Florida that are seeing an influx of international buyers in the luxury market, Elmes has noticed that it’s the domestic buyers that have shown interest in Fort Lauderdale.
“There are a greater number of potential buyers from California this year versus years past, and I believe it has to do with their state taxes being increased,” added Elmes. “We are also seeing a lot of buyers moving north from Miami, and a steady stream of buyers from the Northeast and Midwest. Fort Lauderdale has very little traffic congestion compared to where these buyers are coming from, and I think the buyers appreciate that. This city has a small town feel, but offers an amazing airport, great restaurants, 175 miles of canals and a performing arts center that rivals anything in the nation. I’ve been to over-50 countries in my travels, yet I’ve made Fort Lauderdale my home for 33 years, so I understand the attraction to this city.”
About Coldwell Banker Residential Real Estate
Coldwell Banker Residential Real Estate (FloridaMoves.com) is the leading real estate brokerage company in Florida, serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Coldwell Banker Residential Real Estate is part of NRT LLC, the nation’s largest residential real estate brokerage company. Coldwell Banker Real Estate LLC and NRT LLC are subsidiaries of Realogy Corporation, a leading global provider of real estate and relocation services.
For more information, visit our website, www.FloridaMoves.com.
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