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ORLANDO, Fla - The Orlando home market isn't nearly as cold as the weather up north according to Orlando real estate agent Jonathan de Jesus of Dominium Realty Group.
De Jesus says that although the National Association of REALTORS® (NAR) has adjusted the home sale statistics downward for the last five years, the market is not as bad as the headlines sometimes indicate.
"There are still plenty of homes being bought and sold, particularly in a market like here in Orlando where we have plenty of warm weather and international tourism to keep things interesting."
He says that part of what's keeping the Orlando real estate market hotter than other parts of the country is simply the year-round nice weather, but he says the proximity to Disney World is a big help.
"We definitely have an advantage here in Orlando, because Walt Disney World is a big attraction for tourists around the world. Many come here, fall in love with it, and immediately notice the real estate bargains available."
He says that the weak U.S. dollar in relation to the Euro helps as well, because it keeps the prices lower for international buyers.
"With the current exchange rates, European buyers can get as much as a 23% discount on Orlando property, even with the weakening Euro. In fact, a wise European investor may actually protect their Euro cash by investing it in dollar denominated real estate assets right here in Orlando."
About Dominium Realty
Dominium Realty Group is a leader in residential real estate brokerage services in Florida with expertise helping U.S. and international clients navigate the Orlando real estate market. Through its experienced team of real estate professionals and their commitment to exceed their clients’ expectations, Dominium is able to confidently deliver solutions to meet the needs of any real estate client.
Included in the company's extensive array of specialized offerings are Dominium's expert property management services. With licensed specialists working close with investors, clients get the most effective property management possible for their real estate portfolios. Dominium agents are experts in the Orando market, including Downtown Orlando homes, Windermere Homes, Dr. Phillips, Maitland, Winter Park, Lake Mary, Baldwin Park, Metro West, Longwood, South Orlando, Kissimmee, Winter Springs, Oviedo, Lake Nona, Waterford Lakes, Altamonte Springs, Mount Dora, Sanford, Apopka, Winter Garden, and Ocoee.
Jonathan De Jesus Dominium Realty Group 6236 Kingspointe Parkway #10 Orlando, Fl 32819 407-588-7828 http://www.florida-real-estate.pro/ |
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MERIDIAN, Ida. - Meridian REALTOR® John Espinosa sees foreclosure inventory of bank owned homes likely continuing to bring out bargain hunters through 2012, bringing with it exceptional prices.
Depending on what economic policies the federal government adopts, Espinosa says Idaho real estate buyers will likely see continued low interest rates through this election year as an attempt by Washington policy-makers to stimulate the economy.
"The combination of low rates and the steady drip of bank owned homes into the market means continued low prices for buyers who are ready to dip their feet in the market again."
He says some buyers have been gun-shy about re-entering the real estate market, whether it's for Meridian real estate, which maintains relatively higher demand than many other Treasure Valley cities, or Eagle real estate, where expensive estates from the boom years are going for pennies on the dollar now.
But he says buyers shouldn't rely on the headlines to tell them when to buy.
"Buying a home is a very personal decision, and families should base it on their own circumstances. Growing families still need to move into bigger homes. Empty nesters still want to downsize, no matter what the market looks like."
Espinosa also says he's seeing plenty of trading up as low prices have brought more desirable neighborhoods into reach of the average buyer.
"The key is to engage with the market and watch for those bargains. Anyone can do that for free on my website www.MeridianIDHomes.com and get access to the entire database of Idaho MLS listings.
About John Espinosa
John Espinosa is an Idaho real estate agent specializing in the Treasure Valley. Covering Boise to Parma and everything in between, John is an expert on Boise, Nampa, Caldwell, Eagle, Kuna, Star, Middleton, and Meridian real estate.
John Espinosa RE/MAX Advantage 5680 E Franklin Rd, Suite 100 Nampa ID 83687 208-484-7837 http://www.meridianidhomes.com john@espirealestate.com |
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SAN JOSE, Calif. - While Jerry Garrity of Silicon Valley's First Statewide Realty works with a long list of properties for seasoned Bay Area investors who use his San Jose property management services, he also has a growing portfolio of another abundant asset type: properties whose owners had trouble selling them.
He says this growing phenomenon is a result of the real estate market not cooperating with the original plans of many homeowners. His advice, rather than accept an undesirable price, is to think differently.
"I've found that many people who have had trouble selling their home for their preferred price can turn a negative into a positive and actually use their circumstance to nudge themselves into real estate investing."
"Often, investing in real estate is something they've been wanting to do for years, and just didn't know how to go about it. We show them how."
Garrity says that he's been able to teach these new clients what his more seasoned investors already know – that there is wisdom in owning real estate in any market.
"Home prices go up and down, and our property management firm has weathered five recessions in the last 20 years. What new investors need to know is that price fluctuation is less important than cash flow."
He says that most homeowners only read the headlines and end up buying when prices are going up and selling when prices are going down. Smart investors, on the other hand, buy when prices are going down, not to flip the homes, but to produce a steady stream of cash flow.
"When I'm able to find a way to make the numbers work for new clients, it's exciting to see the light bulbs go off. It's certainly a rewarding part of what I do, because I've been able to help frustrated sellers become very knowledgeable real estate investors."
About First Statewide Realty
Jerry Garrity's First Statewide Realty is a seasoned expert in property management whose expertise has been featured in the Wall Street Journal and other publications. His professional property management San Jose company specializes in managing single family homes, condominiums, townhouses and other investment property in the greater San Jose metropolitan area. His Cupertino property management firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.
Jerry Garrity First Statewide Realty 20045 Stevens Creek Blvd. Suite 2-D Cupertino, CA 95014 Tel: 408-253-1000 Lic#: 01036982 |
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SAN DIEGO, Calif. – With real estate investors snapping up bargains on income property due to weak housing prices, a company specializing in synthetic lawn installation is getting the message out to property management companies that their clients can improve their cash flow each month in many cases by installing synthetic grass in place of water-hogging and upkeep-intensive sod.
Scot Wozniak of San Diego Lawns, Inc., says he can help property managers run the numbers to see if their properties under management can benefit from converting their real grass lawns to great-looking synthetic lawns.
"Owners have been very interested in our product, because it looks and feels very much like real grass, yet it can save a considerable amount of money each month on the water bill and on landscape maintenance."
He says that on a cash basis, owner typically can recoup their investment in a few years, but if the project is financed, the water savings and elimination of lawn maintenance can offset the payments on installation.
"In a market like this where investors needs to squeeze every little bit of cash flow out of their investment property, property management companies would do well to suggest this option to their clients."
While Wozniak says that a synthetic lawn installation is a very real way to increase the long term investment returns on a property, he also notes that there are other benefits.
"Synthetic lawns are very environmentally friendly and much safer for children and for those with allergies. It eliminates harsh chemicals like weed killers and fertilizers, and saves a lot of money each year because artificial turf looks great year-round without the chemical treatments."
About San Diego Lawns, Inc.
Scot Wozniak of San Diego Lawns, Inc. has been installing synthetic lawns in the San Diego area for years with an impressive record of customer satisfaction. He provides free cost estimates and cost savings projects based on reduced water usage and lawn maintenance costs. San Diego Lawns, Inc. serves the entire San Diego metro area, including Chula Vista, La Mesa, El Cajon, Del Cerro, Del Mar, La Jolla, Solana Beach, Encinitas, Escondido, Poway, Scripps Ranch, Rancho Sante Fe, Coronado, National City, Bonita, Imperial Beach, Pacific Beach, Ocean Beach, Point Loma Leucadia, Oceanside, and Spring Valley.
Scot Wozniak President San Diego Lawns, Inc. 1035 Surrey Dr Bonita CA 91902 619-495-0722 http://www.sandiegolawns.com/ scot@sdlawns.com |
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