Comments on: Florida will be slow to recover from mortgage and real estate problems http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/ The Real Estate & Finance Hub Wed, 02 Sep 2009 12:50:02 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Zev http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/comment-page-1/#comment-5854 Zev Fri, 17 Apr 2009 21:20:45 +0000 http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/#comment-5854 In my humble opinion, the topic of real estate values, and the that of the opportunity for Realtors are two seperate issues. Any time we experience significant shifts in value, there will be transactions, as Realtors, we can earn commissions as long as are deals, regardless of the prices. Seperate from the housing market issues that effect values, our industry is going through a transformation which requires us to change our business model. Agents who fail to adapt to these changes and explain their lack of business by blaming the market, are going to waiting a long time for it "to come back". Maybe when prices are up again and they still have no business, they will then realize that home prices are not their issue. In my market areas (<a title="Aventura Real Estate" href="http://www.bocaexecutiverealty.com/Aventura/" rel="nofollow">Aventura</a>, <a title="Sunny Isles Real Esate" href="http://www.bocaexecutiverealty.com/Sunny_Isles" rel="nofollow">Sunny Isles</a>, <a title="Boca Raton Real Estate" href="http://www.bocaexecutiverealty.com/" rel="nofollow">Boca Raton</a> and others) I have doubled my business year over year for the past 5 years despite being in some of the hardest hit market areas in the country. In my humble opinion, the topic of real estate values, and the that of the opportunity for Realtors are two seperate issues. Any time we experience significant shifts in value, there will be transactions, as Realtors, we can earn commissions as long as are deals, regardless of the prices. Seperate from the housing market issues that effect values, our industry is going through a transformation which requires us to change our business model. Agents who fail to adapt to these changes and explain their lack of business by blaming the market, are going to waiting a long time for it “to come back”. Maybe when prices are up again and they still have no business, they will then realize that home prices are not their issue. In my market areas (Aventura, Sunny Isles, Boca Raton and others) I have doubled my business year over year for the past 5 years despite being in some of the hardest hit market areas in the country.

]]> By: Land For Sale Ormond Beach http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/comment-page-1/#comment-119 Land For Sale Ormond Beach Sun, 16 Mar 2008 13:28:24 +0000 http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/#comment-119 I live in Florida and I saw this auction on TV and they were selling 1000 homes at like one every 5 minutes and thousand were there in huge tents and lending being offered as well. There was a huge condo auction last weekend. I see things starting to move and people were waiting for the FHA limits and conforming loan limits and things will again begin to sell. I kinda like that auction show. It showed inside and outside pictures the last two prices house sold for and it was auction. House were available prior to auction for viewing. Thats how to get it done. I live in Florida and I saw this auction on TV and they were selling 1000 homes at like one every 5 minutes and thousand were there in huge tents and lending being offered as well. There was a huge condo auction last weekend. I see things starting to move and people were waiting for the FHA limits and conforming loan limits and things will again begin to sell. I kinda like that auction show. It showed inside and outside pictures the last two prices house sold for and it was auction. House were available prior to auction for viewing. Thats how to get it done.

]]> By: Real Estate Website Developer http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/comment-page-1/#comment-13 Real Estate Website Developer Tue, 04 Mar 2008 18:36:36 +0000 http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/#comment-13 I think the luxury market will be slower to recover as most are waiting till July for Jumbo/Conforming Loans. The market is homes under 300,000 and many going for alot less. This is a great time to invest in Florida there will always be people coming to Florida and resale should not be a problem. Any purchase should be considered a long term purchase in this market. Whether buying a retirement property, vacation property or relocating I think Florida is a great choice. I think the luxury market will be slower to recover as most are waiting till July for Jumbo/Conforming Loans.

The market is homes under 300,000 and many going for alot less. This is a great time to invest in Florida there will always be people coming to Florida and resale should not be a problem.

Any purchase should be considered a long term purchase in this market. Whether buying a retirement property, vacation property or relocating I think Florida is a great choice.

]]> By: Florida Custom Home Builders http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/comment-page-1/#comment-10 Florida Custom Home Builders Mon, 03 Mar 2008 13:56:12 +0000 http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/#comment-10 I don't see the bad in all of this. As a realtor would you rather have no inventory or alot of inventory meaning a guarenteed income for some time. For the homebuyer and recent interest rate cuts and another on the way it's a great time to buy. For those selling they must realize that they may get just under what they wanted but will make up for it when they purchase at a discounted price. Many areas are not affected by this bubble and business is as usual. I welcome the strictor lending practices as they should have been in placed and practiced all along. For the investor come and get them and they will they are just waiting for the bottom to make the best profit and I think March is it. So I think it's a great time and when anyone says different just smile they must be listening to the media. I don’t see the bad in all of this. As a realtor would you rather have no inventory or alot of inventory meaning a guarenteed income for some time.

For the homebuyer and recent interest rate cuts and another on the way it’s a great time to buy.

For those selling they must realize that they may get just under what they wanted but will make up for it when they purchase at a discounted price.

Many areas are not affected by this bubble and business is as usual.

I welcome the strictor lending practices as they should have been in placed and practiced all along.

For the investor come and get them and they will they are just waiting for the bottom to make the best profit and I think March is it.

So I think it’s a great time and when anyone says different just smile they must be listening to the media.

]]> By: Gray http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/comment-page-1/#comment-4 Gray Tue, 26 Feb 2008 11:15:21 +0000 http://www.1bloc.com/florida-will-be-slow-to-recover-from-mortgage-and-real-estate-problems/#comment-4 Millions of homeowner's American dreams are quickly turning into an American nightmare. It is old news that the subprime <a href="http://www.greenhillfinance.co.uk/GreenhillMortgages.aspx" rel="nofollow">mortgages</a> market is taking a huge hit due to the predatory lending practices of mortgage loan companies. Now it is time to start fixing the problem. Already the number of adjustable rate mortgages is dropping, but that doesn't help any of the people defaulting on their loans. Millions of homeowner’s American dreams are quickly turning into an American nightmare. It is old news that the subprime mortgages market is taking a huge hit due to the predatory lending practices of mortgage loan companies. Now it is time to start fixing the problem. Already the number of adjustable rate mortgages is dropping, but that doesn’t help any of the people defaulting on their loans.

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