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Updated News for the Miami Real Estate Market.


THE LURES OF MIAMI: REAL ESTATE’S PRIZE CATCH

Thursday, 06 April 2006
The Child Magazine voted Miami as one of the Ten Outstanding Cities in the US for families. Why not? Most families troop down to Miami every year for fun activities, delectable cuisine and places of interest that make annual family gatherings fun-filled and memorable - anyone who visits Miami look forward to coming back with gusto, year after year.
It is fast becoming a second home to most who kept on coming back for diverse reasons.
Employment opportunities in Miami are plenty and varied. Its people and culture are interesting. Miami is sun-drenched most parts of the year, but the climate remains pleasant, not humid. Whatever other reasons one may find, Miami is definitely one pleasant place to come home to.
The Real Estate Industry in Florida


Trump to Focus Mortgage Company in Florida

Friday, 28 April 2006
The statements were delivered by the president of Trump Mortgage, E. J. Ridings. Craig Lane was assigned to oversee the Florida offices. The first target will be South Florida. Ridings announced that this will be in the process in the next 6 months.

Trump Mortgage will offer financing products. Ridings also indicated that he already heard small mortgage operations hoping to partner with Trump Mortgage.

By Anatoly Cordova

The statements were delivered by the president of Trump Mortgage, E. J. Ridings. Craig Lane was assigned to oversee the Florida offices. The first target will be South Florida. Ridings announced that this will be in the process in the next 6 months.

Trump Mortgage will offer financing products. Ridings ...


Future of Miami Real Estate Market Trend

The city of Miami lushes with activity as it has been considered a future, albeit hot version of, Manhattan. Currently, Miami is an attractive venue for buyers to take advantage in, due to a high inventory of properties—Miami Real Estate properties for sale are increasing faster than those sold. Hence, property sellers are disposed to negotiate further down because of the many options that await buyers. Deals such as “no money down” along with dropping asking prices is now within reach in the Miami Real Estate market. 

      The inventory persists in piling up, weakening the position of some sellers who hold variable rate mortgages. Miami continues to be an appealing place for investing although if you intend to sell properties, you ought to be ready not to expect to acquire short-term gains as of the moment. The most positive requirement for those who want to take part ...




Sarasota housing Market: What Buyers look for in a Home

Saturday, 07 October 2006
A new poll conducted by Maritz Research for Royal LePage reveals that the odor of a home has a huge impact on emptors’ decisions of buying a home. The idea of “staging” a home to make it look alluring to buyers has become popular during the last decade, as manifested by the proliferation of numerous home staging companies offering advice about how to make the house more attractive to buyers. The poll says that while appearance and cleanliness are significant, 53 per cent of buyers said strong odors such as those that emanate from pets, cigarette smells, and kitchen rubbish had a stronger impact on their impression of a home than overall tidiness and cleanliness, strong wall colors, or an outdated façade and landscaping.

The way you live in your home is not ...


Real estate market shakes up as dollar rates get low

Wednesday, 11 October 2006
The recent plunge in the dollar, which has brought the shekel to a five-year high against the US currency, has increased pressure for a drastic change which would move the local real estate market from one that has been historically dollar-denominated to one delineated by the shekel.The drop in the dollar of nearly 10 percent in recent weeks and months has shaken the real estate market - particularly sales, but also rentals. A survey conducted over the past three months by Levi Itzhak, the editor of Property Prizes magazine, showed that the continuous weakening of the dollar has led to a preference on the part of buyers for the acquisition of second-hand over new or first-hand property. On the back of a weak US currency in recent weeks, only 8% of property purchases were new dwellings compared with 33% in October 2005, when the dollar ...


Real estate education pushes for diversity

Wednesday, 11 October 2006
Leaders from public schools, Catholic schools and local colleges told a group of real estate agents Tuesday morning to promote the diversity of quality educational opportunities when selling homes to families.

A nine-person education panel met with about 150 real estate agents at Coldwell Banker’s Coventry office to give them information about area public and private schools and colleges, and clear up any misconceptions they have about the area’s education.

The panel agreed when Steve Yager, superintendent of Northwest Allen County Schools, said real estate agents should emphasize the variety of good schools and universities when speaking to parents. Fort Wayne offers good public schools, Catholic schools, private schools, a public university, faith-based colleges and private colleges, he said.

Members of the ...


Real estate education pushes for diversity

Wednesday, 11 October 2006
Leaders from public schools, Catholic schools and local colleges told a group of real estate agents Tuesday morning to promote the diversity of quality educational opportunities when selling homes to families.

A nine-person education panel met with about 150 real estate agents at Coldwell Banker’s Coventry office to give them information about area public and private schools and colleges, and clear up any misconceptions they have about the area’s education.

The panel agreed when Steve Yager, superintendent of Northwest Allen County Schools, said real estate agents should emphasize the variety of good schools and universities when speaking to parents. Fort Wayne offers good public schools, Catholic schools, private schools, a public university, faith-based colleges and private colleges, he said.

Members of the ...


US Commercial real estate offers investment opportunities

Thursday, 12 October 2006
While many fund managers are promoting the advantages of investing in developing real estate markets in regions such as Asia, chief executives at Macquarie feel the US is still an attractive market for investors due to factors like cultural similarities to Australia as well as recent market trends.

 In particular, trends affecting both the US discount commercial convenience real estate and the US distribution warehouse sectors have made them particularly attractive for investors looking to earn a steady income stream from rents.

In regard to discount commercial convenience real estate the trend has been a move by consumers away from traditional retail department stores.

In terms of the distribution warehouse space, the overriding trend has been for the storing of inventory in fewer more centralised hubs to make ...


Five Reasons Real Estate Pros Must Focus on Them

Thursday, 12 October 2006
Real estate professionals today find themselves on a whole new playing field. The 2006 industry bears little resemblance to, say, its 1996 incarnation. Of course, we all know things have changed. But despite that knowledge, many are clinging stubbornly to the old rules of the game. Significant mistake, says real estate advisor Michael Staver. If you let yourself get bogged down in urgent activity that is not that important instead of performing what he calls high-gain activities—you’re living on borrowed time.Today’s broker needs to function not as a real estate operator but as CEO of a multimillion-dollar corporation. The unpleasant truth is that in times of massive change, those who can’t keep up are likely to get swept away. 

The following are reasons why brokers should focus on the profession:

1. ...


Real estate development projects were signed

Wednesday, 11 October 2006
Three memoranda of understanding on real estate projects were signed between project owners and foreign investors at Viet Nam Investment Conference 2006 in Ha Noi yesterday.

Entitled “Riding on the High Growth of Viet Nam”, the conference, organised by the International Investment and Urban Development Joint Stock Company (IDJ), introduced 68 investment projects including office buildings, high-end apartments, resorts, industrial zones and urban zones.

Delivering the opening speech at the conference, Deputy Minister of Planning and Investment (MPI) Cao Viet Sinh said that the promotion of foreign investment in Viet Nam - combined with improvements to the market economy mechanism and the legal framework for investment and business - played a vital role in Viet Nam’s efforts to advance its international integration.

IDJ ...




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Updated News for the Miami Real Estate Market.

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Report created 02/15/2006 and last updated 02/15/2006


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