Weston FL Real Estate Trends – July 2025

🏡 Weston FL Real Estate Trends – July 2025

Thinking about buying or selling in Weston, Florida? The market in Weston continues to shift in mid-2025, with strong demand, changing mortgage rates, and increased interest in luxury properties. Here's a full breakdown of what's happening right now.

📈 Market Overview – July 2025

• Median Home Price: $895,000 (⬆ 3.2% YoY)

• Average Days on Market: 36 days (⬇ from 44 days in June)

• Inventory Level: 2.4 months (still a seller's market)

• Buyer Demand: High, especially in gated communities and waterfront homes

Weston remains one of the most desirable areas in Broward County thanks to its top-rated schools, safety, and upscale neighborhoods like Weston Hills and Savanna.

🧭 What’s Driving the Market?

✅ Rising Demand from Relocators

Buyers from Miami-Dade, New York, and California are still fueling demand. Many are seeking spacious single-family homes with outdoor amenities.

✅ Interest Rates in Focus

Mortgage rates in July 2025 are hovering around 6.1%, causing buyers to act quickly before potential increases later this year.

✅ Luxury Market Surge

Homes over $1.2M are seeing increased competition, especially in Windmill Ranch Estates, where gated luxury homes offer privacy and proximity to Weston Town Center.

🔍 Hot Neighborhoods in Weston (July 2025)

🧠 Seller Tip:

Now is a great time to list if you're planning to sell in 2025. Demand is high, and limited inventory is giving sellers strong leverage — especially in the $750K–$1.5M range.

🔑 Buyer Tip:

Get pre-approved before shopping. Homes under $1M are moving fast, especially those with updated kitchens, pools, or lake views.

📍 Final Thoughts on Weston Real Estate (July 2025)

Weston continues to thrive as one of the most stable and sought-after markets in South Florida. Whether you're a buyer looking for family-friendly neighborhoods or a seller trying to maximize your return, the timing is favorable.

📞 Ready to Make a Move?

If you're looking to buy or sell in Weston, FL, work with a local expert who knows the market inside and out.
👉 Contact Susan  Penn at London Foster Realty 954-557-5993 for a free home valuation or private showing.

What fees will I have to pay at closing?

🏠 For Buyers Common Closing Costs

Buyers in Florida typically pay 2%–5% of the home’s purchase price in closing costs. Here’s what’s usually included:

🏠 For Sellers: Common Closing Costs

Sellers in Florida usually pay 5%–9% of the sale price, depending mostly on commissions. Here’s a breakdown:

🔍 Should I Get a Home Inspection?

Yes—absolutely. A home inspection is one of the most important steps in the home-buying process, especially in Florida, where humidity, roofing, and plumbing issues can be common.

Even if the home looks perfect, a licensed inspector can uncover hidden problems that could cost you thousands down the road.

🛠️ What Is a Home Inspection?

A home inspection is a detailed, non-invasive examination of the property's condition. A licensed inspector checks the structure, systems, and safety of the home—inside and out.

They typically evaluate:

• Roof and attic

• Plumbing and water heater

• HVAC system (air conditioning and heating)

• Electrical panels and outlets

• Appliances

• Foundation and drainage

• Windows, doors, and insulation

You’ll receive a written report with photos, notes, and repair recommendations.

💡 Why It Matters

• Protect your investment: Catch costly issues before closing

• Negotiate repairs or credits: Ask the seller to fix problems or lower the price

• Peace of mind: Know what you’re buying—no surprises

• Insurance purposes: Four-point and wind mitigation inspections may help reduce insurance costs in Florida

🏡 New Construction? Still Get One!

Even new homes can have overlooked issues. A pre-closing inspection ensures everything was built correctly before you sign.

🧭 Pro Tip from Susan J. Penn Realtor:

“I always recommend my buyers schedule a professional inspection—even if it’s waived as a contingency. Knowing the home’s true condition can protect you long-term and give you negotiating power before closing.”

Need a Trusted Inspector?

I work with some of the most reliable, licensed home inspectors in Broward County. Reach out for a referral you can trust!

📞 Contact Susan J. Penn, Realtor to learn more or schedule a showing with confidence.

📝 First-Time Home Buyer Checklist

Your Step-by-Step Guide to Buying a Home in Florida

Buying your first home is exciting—but it can also feel overwhelming. Use this simple checklist to stay organized and confident every step of the way.

✅ 1. Get Financially Prepared

• Check your credit score (aim for 620+ for most loans)

• Pay down debts and avoid new credit inquiries

• Start saving for:

  • Down payment (3%–20% depending on loan)

  • Closing costs (typically 2–5% of purchase price)

• Create a home-buying budget (monthly payment + maintenance)

✅ 2. Get Pre-Approved for a Mortgage

• Gather documents: pay stubs, tax returns, W-2s, bank statements

• Talk to a trusted local lender

• Get a pre-approval letter (this strengthens your offer)

• Explore loan options: FHA, Conventional, VA, USDA

✅ 3. Choose the Right Real Estate Agent

                Today's 2025 Real Estate Laws - Have the Buyers sign a Buyer Brokerage Agreement first.

• Work with a local expert who knows your area and price range

• Ask about their experience with first-time buyers

• Clearly communicate your must-haves and deal-breakers

🏡 Tip: Susan J. Penn specializes in guiding first-time home buyers in Broward County. Let her help you navigate every step!

✅ 4. Start House Hunting

• Create a “must-have” list (bedrooms, school zones, commute, etc.)

• Search online and schedule in-person tours

• Bring a checklist to showings (roof age, appliances, storage, etc.)

• Be ready to move fast in a competitive market

✅ 5. Make an Offer

• Review comps and ask your agent for guidance

• Submit a strong, clean offer (especially if homes are selling fast)

• Negotiate price, closing date, and contingencies

✅ 6. Schedule Inspections & Appraisal

• Hire a licensed home inspector to check structure, plumbing, roof, etc.

• Review the inspection report and negotiate repairs if needed

• If using a mortgage, your lender will schedule an appraisal

✅ 7. Finalize Your Mortgage

• Submit any additional documents requested by the lender

• Lock in your interest rate

• Receive your Closing Disclosure (3 days before closing)

✅ 8. Closing Day

• Do a final walkthrough to ensure everything is as agreed

• Bring your photo ID, certified funds, and any final paperwork

• Sign closing documents

• Receive the keys to your new home!

🎉 Congratulations, You’re a Homeowner!

Buying your first home is a big milestone—and you don’t have to go it alone. As a local expert, Susan J. Penn, Realtor is here to help you every step of the way.

💳 What’s a Good Credit Score to Buy a Home?

💳 What’s a Good Credit Score to Buy a Home?

Your credit score is one of the most important factors lenders consider when you apply for a mortgage. It affects your loan approval, interest rate, and even your down payment options. So, what’s considered a “good” credit score to buy a home?

✅ Minimum Credit Score by Loan Type

⭐ What Score Is “Good”?

• 740 or higher = Excellent (best rates)

• 700–739 = Good (strong approval odds)

• 660–699 = Fair (may get approved, higher interest rate)

• 620–659 = Acceptable for many loans, but limited options

• Below 620 = More difficult to qualify, but not impossible (especially with FHA)

🏡 Why Credit Score Matters

A higher score can help you:

• Qualify for a better interest rate

• Lower your monthly mortgage payment

• Pay less over the life of the loan

• Access more loan programs

💡 Tip: Boost Your Score Before You Buy

To improve your score:

• Pay down credit card balances

• Avoid late payments

• Don’t open or close accounts right before applying

• Check your credit report for errors

🧭 Not Sure Where You Stand?

If you’re thinking about buying a home in Broward County or surrounding areas, I can connect you with trusted local lenders who’ll guide you through the pre-approval process—even if your score needs a little work.

📞 Contact Susan J. Penn, Realtor today for personalized help and local market expertise!

🏡 What Is the Closing Process for Real Estate in Broward County, Florida?

🏡 What Is the Closing Process in Broward County, Florida?

Buying or selling a home in Broward County? Here's a step-by-step look at the closing process, so you know what to expect from contract to keys.

1. Offer Accepted & Contract Signed

Once the buyer and seller agree on price and terms, both parties sign a Florida Residential Purchase and Sale Agreement. This legally binding contract outlines closing terms, timelines, deposits, and contingencies.

2. Earnest Money Deposit (Escrow)

The buyer typically submits an earnest money deposit (usually 1–3% of the purchase price) to a licensed escrow agent (often a title company or attorney). This shows good faith and secures the contract.

3. Title Search & Title Insurance

The title company (or real estate attorney) performs a title search to ensure the property is free of liens, unpaid taxes, or ownership disputes.

• They issue a title commitment

• The buyer usually purchases title insurance to protect against future claims

4. Home Inspection & Appraisal

• The buyer schedules a home inspection to check for issues like roof damage, mold, or plumbing concerns.

• If financing is involved, the lender orders an appraisal to confirm the home’s value aligns with the loan amount.

5. Loan Underwriting (if financed)

The buyer’s lender verifies financial documents, credit, and the property.

• Once approved, a Clear to Close (CTC) is issued, meaning the buyer is fully approved for funding.

6. Survey & Municipal Lien Search

• A property survey shows lot lines, easements, and encroachments.

• In Broward County, a municipal lien search checks for code violations, unpaid utility bills, and open permits.

7. Closing Disclosure

At least 3 days before closing, the buyer receives a Closing Disclosure (CD) that breaks down all closing costs, loan terms, and final amounts due.

8. Final Walkthrough

Typically 24–48 hours before closing, the buyer does a final walkthrough to confirm the home is in agreed-upon condition and that any negotiated repairs were completed.

9. Closing Day

On the scheduled date:

• Buyer signs mortgage & loan documents (if financed)

• Seller signs the deed and closing documents

• Funds are transferred by wire

• The deed is recorded in Broward County public records

• Buyer receives the keys to the property

10. Post-Closing

• Buyer receives a copy of the deed. Many HOA and Condo Associations require the deed to close on the property.

• Title company sends the buyer’s owner’s title insurance policy

• Buyer sets up utilities, homestead exemption (if applicable), and changes mailing address

📍 Who Handles Closings in Broward County?

In Broward County, it’s customary for the buyer to choose the title company or Attorney Title Compny and pay for the owner’s title insurance policy—though this can be negotiated in the contract.

Need Help Navigating the Closing Process?

As an experienced Broward County Realtor, Susan J. Penn helps guide buyers and sellers every step of the way. From negotiations to title questions, Susan makes your real estate journey smooth and successful.

📞 Contact Susan today for expert guidance and local insights!

Why Doral FL Is One of South Florida’s Hottest Real Estate Markets in 2025

If you’ve been keeping an eye on South Florida real estate, one name that continues to rise to the top is Doral. Once known primarily as a suburban business hub near Miami International Airport, Doral has transformed into a thriving, upscale city with a strong real estate market that appeals to families, professionals, and international investors alike.

A Brief Look at Doral’s Growth

Over the past decade, Doral has experienced explosive growth in both residential and commercial development. With its strategic location just 12 miles from downtown Miami, top-rated schools, world-class golf courses, and a diverse cultural community, it’s no surprise that Doral is consistently ranked as one of the best places to live in Florida.

Real Estate Trends in 2025

The Doral FL real estate market in 2025 continues to show strength despite broader economic uncertainties. Here are some current trends:

• Strong Demand for New Construction: Master-planned communities like Downtown Doral and Canarias are attracting buyers seeking modern amenities, walkable neighborhoods, and resort-style living.

• Appreciating Property Values: Median home prices in Doral have steadily increased, with many neighborhoods seeing double-digit appreciation over the past five years.

• Investor Interest: Thanks to its proximity to Miami and its appeal to international buyers (especially from Latin America), Doral remains a hotspot for rental properties and short-term rentals.

• Luxury Condos on the Rise: Developers are investing in mid- to high-rise condominiums offering top-tier finishes, private amenities, and city views—catering to both local professionals and international buyers.

Why Buyers Are Choosing Doral FL

1. Education – Doral FL is home to some of Miami-Dade County’s top-rated public and charter schools, as well as campuses for FIU and other higher education institutions.

2. Safety and Cleanliness – The city is well-managed and consistently ranks high for safety and quality of life.

3. Parks and Recreation – With over a dozen parks, lakes, and green spaces, Doral blends urban convenience with outdoor living.

4. Business Hub – Headquarters for companies like Carnival Cruise Lines and Univision are based in Doral, making it ideal for professionals who want a short commute.

⛳️ Parkland Golf & Country Club: Parkland, FL South Florida Living at Its Finest

Tucked away in the prestigious city of Parkland, FL, Parkland Golf & Country Club Homes For Sale is more than a gated community—it's a lifestyle sanctuary where luxury, leisure, and lush landscapes come together in perfect harmony.

From the championship golf course to the resort-style amenities, this community offers a sophisticated yet family-friendly environment that's second to none in South Florida.

🏡 A Community Like No Other Parland Golf & Country Club Parkland FL

Built by Toll Brothers, Parkland Golf & Country Club features Mediterranean-style estate homes, elegant coach homes, and custom-built residences. Homes range from 2,000 to over 7,000 sq ft, with designs that emphasize open layouts, high ceilings, and upscale finishes.

Whether you're looking for a single-story villa or a multi-level estate on the fairway, there’s a home that fits your style—and your lifestyle.

⛳ Championship Golf at Your Doorstep

At the heart of the Parkland Golf and Country Club Real Estate community lies a Greg Norman Signature Golf Course—designed to challenge players of all skill levels with scenic fairways, water features, and manicured greens. Membership options cater to casual players and avid golfers alike.

And if golf isn't your game? Don’t worry...

🏊‍♀️ Club Life & Resort-Style Amenities

Living in Parkland Golf & Country Club means every day can feel like a vacation. Amenities include:

• A 43,000 sq ft Sports & Social Club

• Resort-style pool with sundecks and cabanas

• Full-service spa and wellness center

• State-of-the-art fitness facility with classes and personal training

• 10+ tennis courts, pickleball, and basketball

• Fine and casual dining at the on-site restaurant and bar

• Kid-friendly play areas, splash pad, and year-round activities

This is more than a gated community—it’s a private retreat with something for every member of the family.

🌳 A+ Location in Parkland FL

Known for its top-rated public schools, lush greenery, and small-town charm, Parkland is one of Broward County’s most sought-after cities. You’ll enjoy:

• Easy access to Boca Raton, Fort Lauderdale, and major highways

• Proximity to beaches, shopping, and dining

• Nearby parks and nature preserves for walking, biking, and family outings

All while living in a secure, peaceful, and upscale environment.

🏷 Home Values & HOA Details

• Prices range from around $1 million for coach homes to over $3 million for custom estates on golf course lots

• HOA fees cover security, landscaping of common areas, amenities, and social club access (golf membership is separate)

• The community is beautifully maintained and designed to retain long-term value

🎯 Who’s It For?

Parkland Golf & Country Club is perfect for:

✅ Families wanting A+ schools and amenities
✅ Golfers and tennis lovers
✅ Professionals seeking privacy and prestige
✅ Empty nesters looking for a resort-style, low-maintenance lifestyle
✅ Anyone ready to invest in luxury living with long-term rewards

Ready to Tour Parkland Golf & Country Club?

This isn't just where you live—it's how you live. If you're considering buying or selling in Parkland Golf & Country Club, I’d love to help you navigate the process and find the perfect fit.

Contact Susan J Penn at London Foster Realty for a private tour, market updates, or to explore available homes. 954-557-5993
Let’s make your next move the right one.

Understanding an Exclusive Buyer Brokerage Agreement When Buying a New Construction Home

Buying a new construction home is an exciting process—from choosing your lot and floor plan to customizing finishes. But many buyers don’t realize the importance of involving a real estate broker early in the process—and signing a broker agreement—especially when dealing with builders. Here's what you need to know.

💼 What Is an Exclusive Buyer Brokerage Agreement?

A Buyer Brokerage agreement - is a formal contract between a buyer and a real estate agent or broker. It outlines the broker’s role, responsibilities, and compensation. When purchasing new construction, this agreement ensures your agent is legally entitled to represent you—and get paid by the builder. A Exclusive Buyer Brokerage Agreement is Mandatory since August 2024.

🏗 Why Use a Realtor for New Construction?

Even though builders often have on-site sales agents, they represent the builder, not you. Hiring a buyer’s real estate agent gives you:

• Expert guidance on pricing, home inspections, upgrades,closings and contracts

• Dedicated Representation during negotiations (including incentives or closing costs)

• Help interpreting builder contracts and timelines

• Support managing inspections, warranties, and walkthroughs

• Someone who’s loyal to your interests—not the developer’s

Most importantly, it typically costs you nothing—the builder pays your agent’s commission.

🚩 Watch Out for These Mistakes

• Going to a builder without your agent – Even a quick visit can void their commission.

• Not reviewing the builder’s contract – These are written to protect the builder, not the buyer.

• Assuming representation – The sales rep at the site is friendly but works for the builder.

Exciting News!!! Marigold in Davie FL “New Construction Residential Single Family Homes” 

Lets get you started for New Homeownership in Davie FL!

                       Become a VIP Member!

Would you like Susan Penn to add you to the VIP list for Marigold? Let Susan know by text; a phone call (954) 557-5993 or email Susanjpennpa@gmail.com so you will be among the first to secure access about this sought-after community in Davie.Given the limited number of homesites and the high demand for luxury residences in the area, early registration is recommended. If you or someone you know is ready to purchase or sell, please let me know! Thanks!

This new construction gated neighborhood of Marigold in Davie FL will feature 60 contemporary farmhouse-style residences, starting at the Low $1Million price range, 2,483 - 5,251 square feet. Marigold Residential Single Family Homes in Davie FL are going to be situated on spacious lakeview estate homesites, offering a luxurious and serene living environment.  Take a look at the Marigold Models.
Check out the link for Marigold!

https://www.susanjpennrealtor.com/marigold-davie-fl-new-construction-real-estate-homes-sale/

Homeownership

Susan will take you every step of the way. June is a great month to buy or sell a home. Schools have completed their yearly cycle, making the transition easier to see homes before the next school year begins. June is often considered a good time to buy a home because it falls within the peak spring and early summer home-buying season, which typically sees a higher volume of homes listed for sale. There are more daylight hours in the summer, making more opportunities. There are more daylight hours in the summer making more opportunities.

International Interest Remains Strong for Homeownership

Miami ranked No. 1 U.S. Market for International Homebuyers in Q1 2025 via Realtor.com. Miami-Fort Lauderdale-West Palm Beach attracts 8.7% of traffic from international home shoppers. 

Buyer’s Market Emerges

The market is increasingly favoring buyers, especially in areas like Miami and West Palm Beach. Data from April 2025 reveals nearly 500,000 more sellers than buyers nationwide, the largest gap since 2013. Consequently, 44% of homes remained on the market for 60 days or more, with 20% undergoing price reductions. Sellers are offering incentives such as mortgage rate buydowns, yet many still struggle to attract buyers.

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