WELCOME BACK SHARON PODWOL!!!  Sharon, owner and a founder of Preferred Property Finder is back home. She is a 20-year licensed real estate professional. Sharon is ready to assist buyers and sellers through all steps of the process. Whether you are a first-time home buyer or a seasoned investor; whether you are ready to sell or purchase or if you are just starting your exploration, She is your perfect partner.  Call her now to discuss 954.600.5844

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

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

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.

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.

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)

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.