Saturday, October 22, 2011

It's Time to Buy That House

Houses aren't the magic wealth creators they were made out to be during the bubble. But when prices are low, loans are cheap and plump investment yields are scarce, buyers should jump. —Jack Hough is a columnist at SmartMoney.com. Email: jack.hough@dowjones.com

Monday, March 8, 2010

NEW UPGRADED AVENTURA CONDO!

You must see this beautiful home. Located in Alaqua, easy walk to all the shops and cafes in Aventura, tranquil water views on your private balcony. Was valued much higher, now take advantage of our market and it can be yours in the $300,000s. Let us know when we can show it to you in person.
Find it here: http://www.preferredpropertyfinder.com/model.asp?model=1050

Friday, September 25, 2009

ECONOMISTS ENCOURAGE TAX CREDIT EXTENSION

(New York Times Online, Sept 15, 2009)
When Congress passed an $8,000 tax credit for first-time home buyers last winter, it was intended as a dose of shock therapy during a crisis. Now the question is becoming whether the housing market can function without it. As many as 40 percent of all home buyers this year will qualify for the credit.

In the view of the real estate industry and some economists, all that money is well spent. They contend the credit is doing what it was meant to do, encouraging a recovery in the housing market that is gathering steam.

Tuesday, September 22, 2009

AUGUST HOUSING STARTS UP: WATCH VIDEO

Shari B. Olefson was a guest on CNBC to discuss the recent housing start numbers. In August, housing starts and building permits rose to their highest level in nine months. Ms. Olefson, a real estate attorney with Fowler White, was interviewed with Susan Wachter, Wharton Business School real estate professor, to discuss where we are in the housing cycle. Click here to view the CNBC segment.

Tuesday, April 28, 2009

Fight Inflation: Buy a Home

Some economic analysts say that the possibility that the economy will go into overdrive and inflation will skyrocket is a much more frightening possibility than the current recession.One inflation hedge nearly all of them point to is real estate. Owning it outright is the best scenario, but if that’s not possible, a low-rate, 30-year fixed mortgage is the next best thing. As inflation drives up salaries, mortgage payments will stay the same, analysts point out.
Source: USA Today, John Waggoner (04/24/2009)

Friday, April 3, 2009

When Will Housing Markets Recover?

House prices will stabilize by the end of this year.
States Moody’s Economy.com Chief Economist Mark Zandi in a special report.

Sales increase in Home and Condo Market

March 23, 2009 – Florida’s existing home sales rose in February, making it the sixth consecutive month that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). February’s statewide sales also increased over January’s figures in both the existing home and existing condo markets.