Sunday, August 29, 2010
Friday, August 27, 2010
Mark your calendar..... August 27th for this rare occurrence. For those who have children, show them for they will never see this again. An interesting fact about AUGUST 2010. This AUGUST has 5 SUNDAYS, 5 MONDAYS and 5 TUESDAYS, ALL IN ONE MONTH. IT HAPPENS ONCE IN 823 YEARS. Two moons on August 27, 2010 the Whole World is waiting for............. Planet Mars will be the brightest in the night sky. It will look as large as the full moon to the naked eye. This will culminate on Aug. 27 when Mars comes within 34.65M miles off earth. Be sure to watch the sky on Aug. 27 12:30 am. It will look like the earth has 2 moons. The next time Mars may come this close is in 2287. Share this with your friends as NO ONE ALIVE TODAY will ever see it again.
Saturday, August 21, 2010
Washington Federal Reserve Weighs In
Real Estate Outlook: Federal Reserve Weighs In
The U.S. Congress asked Federal Reserve Board chairman Ben Bernanke a key question the last week of July: Where do you and your colleagues believe we're headed in terms of the national economy?
Bernanke's reply: There are bumps and potholes on the road to recovery, but the Fed "expects continued moderate (economic) growth, a gradual decline in the unemployment rate (to about 7 percent) and subdued inflation" over the next couple of years.
No sooner had Bernanke delivered his testimony than some of those "bumps" in the road popped up: The Commerce Department reported new housing starts dropped by 5 percent in the latest month, and the National Association of Realtors reported existing home sales down by a similar percentage.
But keep in mind the central point Bernanke was making in his forecast: Troubled though it may look with any single statistical report, the fact is the national economy continues to grow - by about two and a half percent on an annual basis - and many elements of the economy are better off this year than the were the year before.
Take the Commerce Department's housing starts number: That five percent decline was mainly the result of a big drop in starts of new rental apartment units - not a drop in starts of new single family houses, which were stable.
In fact, the Commerce Department survey found that permits pulled by builders for future construction on single family homes were actually up in three out four of the major regions of the country.
Analyzing the government's data, Bernard Markstein, senior economist for the National Association of Home Builders, was encouraged - and predicted increases in both starts and sales over the coming several months.
The latest sales report for existing homes from the National Association of Realtors also had some bright spots: Sales in June were 10 percent higher than they were in the same month the year before.
Even median prices of all homes sold were up slightly, and that's despite the fact that one third of sales were "distressed" in some way - REOs, foreclosures or short sales.
And remember: virtually all economists - including those at the Fed - had forecast lower home sales for the months immediately following the expiration of the tax credit programs.
Meanwhile, hints of a rebound in future sales emerged in the latest report on new mortgage applications to buy homes.
The Mortgage Bankers Association found that purchase applications overall jumped by 3.4 percent - and by 8 percent for FHA loans to buy houses. Those transactions won't go to closing for two to three months … but they're a sign of where we're likely headed.
Written by Kenneth R. Harney
It is the Best time in History to buy waterfront properties in Florida -- Let me show you.
The U.S. Congress asked Federal Reserve Board chairman Ben Bernanke a key question the last week of July: Where do you and your colleagues believe we're headed in terms of the national economy?
Bernanke's reply: There are bumps and potholes on the road to recovery, but the Fed "expects continued moderate (economic) growth, a gradual decline in the unemployment rate (to about 7 percent) and subdued inflation" over the next couple of years.
No sooner had Bernanke delivered his testimony than some of those "bumps" in the road popped up: The Commerce Department reported new housing starts dropped by 5 percent in the latest month, and the National Association of Realtors reported existing home sales down by a similar percentage.
But keep in mind the central point Bernanke was making in his forecast: Troubled though it may look with any single statistical report, the fact is the national economy continues to grow - by about two and a half percent on an annual basis - and many elements of the economy are better off this year than the were the year before.
Take the Commerce Department's housing starts number: That five percent decline was mainly the result of a big drop in starts of new rental apartment units - not a drop in starts of new single family houses, which were stable.
In fact, the Commerce Department survey found that permits pulled by builders for future construction on single family homes were actually up in three out four of the major regions of the country.
Analyzing the government's data, Bernard Markstein, senior economist for the National Association of Home Builders, was encouraged - and predicted increases in both starts and sales over the coming several months.
The latest sales report for existing homes from the National Association of Realtors also had some bright spots: Sales in June were 10 percent higher than they were in the same month the year before.
Even median prices of all homes sold were up slightly, and that's despite the fact that one third of sales were "distressed" in some way - REOs, foreclosures or short sales.
And remember: virtually all economists - including those at the Fed - had forecast lower home sales for the months immediately following the expiration of the tax credit programs.
Meanwhile, hints of a rebound in future sales emerged in the latest report on new mortgage applications to buy homes.
The Mortgage Bankers Association found that purchase applications overall jumped by 3.4 percent - and by 8 percent for FHA loans to buy houses. Those transactions won't go to closing for two to three months … but they're a sign of where we're likely headed.
Written by Kenneth R. Harney
It is the Best time in History to buy waterfront properties in Florida -- Let me show you.
Monday, August 16, 2010
Last month I promised a new story (by the way, the family in last month's true story is LOVING their new home!). This month I want to tell you about a client who downsized from a single family home with LOTS of yard work, to a luxury waterfront villa at BellaSol in Apollo Beach. No more pulling weeds, and she coudn't be happier! Even though she "downsized" she didn't have to give up a lot of space. And now her free time is spent by the pool or working out in the fitness center which is what she truly likes to do. She may even be spending time looking for a new boat since her condo, which she purchased at almost HALF what they used to be, came with a boat slip too! With that in mind she actually bought at less than half price!! We only have 4 left that are waterfront (3 off water with views), so hurry before they are gone. Come live the resort lifestyle! ļ
World Class Waterfront Living
Enjoy Bella Sol Luxury Villas at Apollo Beach on Tampa Bay In Florida. Call me to arrange your no obligation Free Boat Tour of the Area with world class sunsets, fishing and year round sports.
Thanks to all of you who helped make it a tremendous 2009!! Despite global market conditions I ended up the top ranked Realtor at my office (which is #1 in the region), and I'm #5 in the region (out of 4,000 agents). I'm not saying that to toot my own horn, but to let you know that with daily market working experience.. savvy customers have beat down the door and voted with hard dollars as to the future in our Tampa Bay area..especially with luxury living at Bella Sol.
As the second quarter of 2010 has come to close sales at lovely Bella Sol Luxury Villas continue with 1 resale and one new construction closing and another penthouse going to contract. If there is Ever an indication right now is the time! I only have 4 Waterfront units left states Bonnie Fagoh. The developer is taking bids to complete the 2 off water buildings. We just lowered pricing on our smaller
(1950 sq ft) waterfront units - and I only have 2 remaining - down by $15,000! We also lowered the penthouses in the off water building by at least $30,000.
They range from 2700 to 3000 sq ft of luxury. Come see!
For those who don't feel BellaSol is a perfect fit, there are many other areas with desirable condos, townhomes and single family homes from which to choose in the Tampa Bay and surrounding areas. One of my clients wanted to be closer to the beach, so I helped them find a home just 10 minutes from the gulf for under $200k!
There are currently 313 listings in Apollo Beach. 204 listings have sold in the last 6 months, so that means we have about 9 months of inventory. Call me now for the best properties before they're gone!
For those needing to sell, please call me to go over your options. We have a system that works for those who need to do a short sale and we can offer a FREE consultation with a lawyer so you can find out what is best for you so you can make an informed decision.So to sum it up....great inventory, low prices, low interest rates, and fantastic weather make it the best time to BUY Florida Real Estate!!
Call Bonnie at (813) 390-7606 and schedule your complimentary boat tour of the Apollo Beach area. Come see why the dolphin and manatee love it here! Experience the waterfront lifestyle in this laid back community that is only a short 20 minute boat or car ride to the city of Tampa or 30 minutes to St Petersburg. Find out why the Tampa Sailing Squadron keeps their boats right here in Apollo Beach! We have a great central location with easy access to the Gulf of Mexico, Sarasota, Fantastic Pro-Golf, NFL Football, Even Pro Hockey and Baseball!! Yes you can have it all only 76 miles from Walt Disney World in Orlando and the Space Coast!
World Class Waterfront Living
Enjoy Bella Sol Luxury Villas at Apollo Beach on Tampa Bay In Florida. Call me to arrange your no obligation Free Boat Tour of the Area with world class sunsets, fishing and year round sports.
Thanks to all of you who helped make it a tremendous 2009!! Despite global market conditions I ended up the top ranked Realtor at my office (which is #1 in the region), and I'm #5 in the region (out of 4,000 agents). I'm not saying that to toot my own horn, but to let you know that with daily market working experience.. savvy customers have beat down the door and voted with hard dollars as to the future in our Tampa Bay area..especially with luxury living at Bella Sol.
As the second quarter of 2010 has come to close sales at lovely Bella Sol Luxury Villas continue with 1 resale and one new construction closing and another penthouse going to contract. If there is Ever an indication right now is the time! I only have 4 Waterfront units left states Bonnie Fagoh. The developer is taking bids to complete the 2 off water buildings. We just lowered pricing on our smaller
(1950 sq ft) waterfront units - and I only have 2 remaining - down by $15,000! We also lowered the penthouses in the off water building by at least $30,000.
They range from 2700 to 3000 sq ft of luxury. Come see!
For those who don't feel BellaSol is a perfect fit, there are many other areas with desirable condos, townhomes and single family homes from which to choose in the Tampa Bay and surrounding areas. One of my clients wanted to be closer to the beach, so I helped them find a home just 10 minutes from the gulf for under $200k!
There are currently 313 listings in Apollo Beach. 204 listings have sold in the last 6 months, so that means we have about 9 months of inventory. Call me now for the best properties before they're gone!
For those needing to sell, please call me to go over your options. We have a system that works for those who need to do a short sale and we can offer a FREE consultation with a lawyer so you can find out what is best for you so you can make an informed decision.So to sum it up....great inventory, low prices, low interest rates, and fantastic weather make it the best time to BUY Florida Real Estate!!
Call Bonnie at (813) 390-7606 and schedule your complimentary boat tour of the Apollo Beach area. Come see why the dolphin and manatee love it here! Experience the waterfront lifestyle in this laid back community that is only a short 20 minute boat or car ride to the city of Tampa or 30 minutes to St Petersburg. Find out why the Tampa Sailing Squadron keeps their boats right here in Apollo Beach! We have a great central location with easy access to the Gulf of Mexico, Sarasota, Fantastic Pro-Golf, NFL Football, Even Pro Hockey and Baseball!! Yes you can have it all only 76 miles from Walt Disney World in Orlando and the Space Coast!
Thursday, August 12, 2010
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