Wednesday, May 31, 2006
LAS VENTAS DE PROPIEDADES EXISTENTES EN LA FLORIDA
MARRERO REAL ESTATE BROKERAGE LLC
JOSE RAUL MARRERO
REAL ESTATE BROKER LIC
UN GRANDIOSO DIA PARA TODOS
EL MERCADO SE CONTINUA CONVIRTIENDO EN UN BUYER MARKET,(VENTAJA LOS COMPRADORES) Y SE ADVIERTE QUE LA INDUSTRIA SUFRIRA CAMBIOS POR RAZONES TAN DIVERSAS COMO LOS NUEVOS INDICES DE PORCIENTOS DE INTERES. ES AHORA QUE COMIENZA EL VERDADERO RETO A TODOS EN LA INDUSTRIA.
VIENDO LAS COSAS DE MANERA POSITIVA, TENEMOS QUE REDISENAR ESTRATEGIAS DE MERCADEO
Y LOS QUE TENGAN COMO NORTE Y BRINDEN VERDADERO SERVICIO AL CLIENTE SERAN LOS TRIUNFADORES.
NO VEO RAZON ALGUNA PARA PRONOSTICAR QUE EL MERCADO DE LA FLORIDA DEJE DE CONTINUAR ESPERIMENTANDO GRANDES AVANCES.
SI NOS ENFOCAMOS QUE LOS COMPRADORES TIENE MEJORES OPORTUNIDADES DE ADQUIRIR UNA RESIDENCIA QUE HACE TRES MESES ATRAS Y LOGRAMOS EVOCAR EN SU PENSAMIENTO QUE ESTA VENTAJA ES PARA ELLOS OTRA VEZ, MUCHOS DE LOS QUE NO LO HABIAN DECIDIDO AUN, TOMARAN LA DESICION AHORA.
ES IMPORTANTE PARA LOS COMPRADORES ENTENDER QUE AHORA ES EL MEJOR MOMENTO DE CONSEGUIR EXCELENTES RESULTADOS A LA HORA DE HACER OFERTAS PARA COMPRAR UNA RESIDENCIA........................COMO POR EJEMPLO CONSEGUIR UNA APORTACION DEL VENDEDOR A LOS GASTOS DE CIERRE.
UNA DE LAS CONSTRUCTORAS DE RESIDENCIAS NUEVAS CON LAS CUALES ME REUNI HACE UNOS DIAS ME INDICO QUE PAGARAN LA TOTALIDAD DE LOS GASTOS DE CIERE A LOS NUEVOS COMPRADORES. ESTO ES UN VIVO EJEMPLO DE ESAS VENTAJAS A LAS QUE ME REFIERO.
GRACIAS POR VISITAR NUESTRO WEB
WWW.JOSERAULMARRERO.COM
407 436-5140
JOSE RAUL MARRERO
TODOS SOMOS GUERREROS DE LUZ!
JOSE RAUL MARRERO
REAL ESTATE BROKER LIC
UN GRANDIOSO DIA PARA TODOS
EL MERCADO SE CONTINUA CONVIRTIENDO EN UN BUYER MARKET,(VENTAJA LOS COMPRADORES) Y SE ADVIERTE QUE LA INDUSTRIA SUFRIRA CAMBIOS POR RAZONES TAN DIVERSAS COMO LOS NUEVOS INDICES DE PORCIENTOS DE INTERES. ES AHORA QUE COMIENZA EL VERDADERO RETO A TODOS EN LA INDUSTRIA.
VIENDO LAS COSAS DE MANERA POSITIVA, TENEMOS QUE REDISENAR ESTRATEGIAS DE MERCADEO
Y LOS QUE TENGAN COMO NORTE Y BRINDEN VERDADERO SERVICIO AL CLIENTE SERAN LOS TRIUNFADORES.
NO VEO RAZON ALGUNA PARA PRONOSTICAR QUE EL MERCADO DE LA FLORIDA DEJE DE CONTINUAR ESPERIMENTANDO GRANDES AVANCES.
SI NOS ENFOCAMOS QUE LOS COMPRADORES TIENE MEJORES OPORTUNIDADES DE ADQUIRIR UNA RESIDENCIA QUE HACE TRES MESES ATRAS Y LOGRAMOS EVOCAR EN SU PENSAMIENTO QUE ESTA VENTAJA ES PARA ELLOS OTRA VEZ, MUCHOS DE LOS QUE NO LO HABIAN DECIDIDO AUN, TOMARAN LA DESICION AHORA.
ES IMPORTANTE PARA LOS COMPRADORES ENTENDER QUE AHORA ES EL MEJOR MOMENTO DE CONSEGUIR EXCELENTES RESULTADOS A LA HORA DE HACER OFERTAS PARA COMPRAR UNA RESIDENCIA........................COMO POR EJEMPLO CONSEGUIR UNA APORTACION DEL VENDEDOR A LOS GASTOS DE CIERRE.
UNA DE LAS CONSTRUCTORAS DE RESIDENCIAS NUEVAS CON LAS CUALES ME REUNI HACE UNOS DIAS ME INDICO QUE PAGARAN LA TOTALIDAD DE LOS GASTOS DE CIERE A LOS NUEVOS COMPRADORES. ESTO ES UN VIVO EJEMPLO DE ESAS VENTAJAS A LAS QUE ME REFIERO.
GRACIAS POR VISITAR NUESTRO WEB
WWW.JOSERAULMARRERO.COM
407 436-5140
JOSE RAUL MARRERO
TODOS SOMOS GUERREROS DE LUZ!
Tuesday, May 30, 2006
EL IMPERIO DE DISNEY CONTINUA VENDIENDO SUS TIERRAS
UN GRANDIOSO DIA PARA TODOS
COMO UNA MUESTRA DE APROVECHAR LA VALORIZACION ACTUAL DE LA TIERRA EN ESTOS MOMENTOS EN LA FLORIDA CNTRAL, EL IMPERIO DISNEY VENDIO PARA EL DESARROLLO DE VARIAS URBANIZACIONES CERCANAS AL COMPLEJO 349 ACRES AL OESTE DEL ORANGE COUNTY.
TAMBIEN VENDIO 60 ACRES PARA LA CONSTRUCCION DE UNA NUEVA HIGH SCHOOL AL SUR DE SEIDEL RD PARA SERVIR A LOS MILES DE ESTUDIANTES NUEVOS DE LA NUEVA SUBDIVICION.
50 ACRES ADICIONALES ESTAN A LA VENTA AL SUR E SEDEL RD JUSTO AL ESTE DE LA NUEVA ESCUELA AL PRECIO DE 8.3 MILLONES DE DOLARES.CERCA DE $166,000 POR ACRE.
TODAVIA DISNEY POSEE 30,000 ACRES EN AREAS CERCANAS A SUS PARQUES. DISNEY WORLD CONTINUA MIRANDO SU PORTAFOLIO DE BIENES RAICES Y PODRIA DECIDIR VENDER PARCELAS ADICIONALES. LE MANTENDREMOS INFORMADO SOBRE ESTE Y OTROS TEMAS.
LAS RAZONES DE VENTA DE TIERRAS POR PARTE DE DISNEY, SEGUN MI OPINION SON VARIAS, ESTAS TIERRAS PUEDEN HABER ALCANZADO EL VALOR PICO Y ES IDEAL AHORA QUE EL IMPERIO DISNEY NO TIENE PLANES CONCRETOS CON ESTAS TIERRAS, Y PONERLAS A LA VENTA GENERARIA UN BUEN CAPITAL LIQUIDO PARA LA EMPRESA.
GRACIAS POR VISITAR MI BLOGS
WWW.JOSERAULMARRERO.COM
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKER LLC
REAL ESTATE BROKER LIC
407 436-5140
TODOS SOMOS GUERREROS DE LUZ!
COMO UNA MUESTRA DE APROVECHAR LA VALORIZACION ACTUAL DE LA TIERRA EN ESTOS MOMENTOS EN LA FLORIDA CNTRAL, EL IMPERIO DISNEY VENDIO PARA EL DESARROLLO DE VARIAS URBANIZACIONES CERCANAS AL COMPLEJO 349 ACRES AL OESTE DEL ORANGE COUNTY.
TAMBIEN VENDIO 60 ACRES PARA LA CONSTRUCCION DE UNA NUEVA HIGH SCHOOL AL SUR DE SEIDEL RD PARA SERVIR A LOS MILES DE ESTUDIANTES NUEVOS DE LA NUEVA SUBDIVICION.
50 ACRES ADICIONALES ESTAN A LA VENTA AL SUR E SEDEL RD JUSTO AL ESTE DE LA NUEVA ESCUELA AL PRECIO DE 8.3 MILLONES DE DOLARES.CERCA DE $166,000 POR ACRE.
TODAVIA DISNEY POSEE 30,000 ACRES EN AREAS CERCANAS A SUS PARQUES. DISNEY WORLD CONTINUA MIRANDO SU PORTAFOLIO DE BIENES RAICES Y PODRIA DECIDIR VENDER PARCELAS ADICIONALES. LE MANTENDREMOS INFORMADO SOBRE ESTE Y OTROS TEMAS.
LAS RAZONES DE VENTA DE TIERRAS POR PARTE DE DISNEY, SEGUN MI OPINION SON VARIAS, ESTAS TIERRAS PUEDEN HABER ALCANZADO EL VALOR PICO Y ES IDEAL AHORA QUE EL IMPERIO DISNEY NO TIENE PLANES CONCRETOS CON ESTAS TIERRAS, Y PONERLAS A LA VENTA GENERARIA UN BUEN CAPITAL LIQUIDO PARA LA EMPRESA.
GRACIAS POR VISITAR MI BLOGS
WWW.JOSERAULMARRERO.COM
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKER LLC
REAL ESTATE BROKER LIC
407 436-5140
TODOS SOMOS GUERREROS DE LUZ!
Friday, May 26, 2006
NUEVOS INDICADORES SOBRE BIENES RAICES DE EL ESTADO DE LA FLORIDA
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
WWW.JOSERAULMARRERO.COM
407-436-5140
UN ESTUPENDO DIA PARA TODOS..
TENEMOS INDICADORES QUE MUESTRAN AJUSTES EN EL MERCADO DE BIENES RAICES EN LA FLORIDA DURANTE EL MES DE ABRIL.
EL PRECIO PROMEDIO DE UNA RESIDENCIA EN EL ESTADO CONTINUA AUMENTANDO. LAS VENTAS DE RESIDENCIAS DURANTE EL MES DE ABRIL REFLEJO UNA BAJA EN COMPARACION CON EL MISMO MES DEL ANO 2005. LOS INTERESES HIPOTECARIOS DEJARON DE AUMENTAR POR VARAS SEMANAS CONSECUTIVAS. LOS INVENTARIOS DE PROPIEDADES A LA VENTA ESTAN EN ALTOS NIVELES EN ALGUNAS AREAS.
DURANTE EL MES DE ABRIL DEL PRESENTE ANO,SE REFLEJO UNA BAJA EN VENTAS DE 31% COMPARADO CON EL MISMO MES DEL ANO 2005.UNA CANTIDAD DE 16,392 PROPIEDADES FUERON VENDIDAS, COMPARADAS CON 23,844 QUE SE VENDIERON EL ANO ANTERIOR. EL PRECIO DE LAS PROPIEDADES AUMENTO UN 13%.
TODAS ESTAS ESTADISTICAS VAN REFLEJANDO UNA ESTABILIDAD EN EL MERCADO, VAMOS CAMINO A TENER UN MERCADO MUCHO MAS NORMAL QUE LO SUCEDIDO DURANTE TRES ANOS CONSECUTIVOS EN LA FLORIDA, DONDE SE DISPARARON LOS VALORES DE LAS RESIDENCIAS A CIFRAS INIMAGINABLES.
LOS COMPRADORES COMENZARAN A TENER LA OPORTUNIDAD DE RECIBIR OFERTAS MUY TENTADORAS TANTO DE BANCOS COMO DE DESARROLLADORES.
GRACIAS POR VISITAR MY BLOG
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
RECUERDA TODOS SOMOS GUERREROS DE LUZ
MARRERO REAL ESTATE BROKERAGE LLC
WWW.JOSERAULMARRERO.COM
407-436-5140
UN ESTUPENDO DIA PARA TODOS..
TENEMOS INDICADORES QUE MUESTRAN AJUSTES EN EL MERCADO DE BIENES RAICES EN LA FLORIDA DURANTE EL MES DE ABRIL.
EL PRECIO PROMEDIO DE UNA RESIDENCIA EN EL ESTADO CONTINUA AUMENTANDO. LAS VENTAS DE RESIDENCIAS DURANTE EL MES DE ABRIL REFLEJO UNA BAJA EN COMPARACION CON EL MISMO MES DEL ANO 2005. LOS INTERESES HIPOTECARIOS DEJARON DE AUMENTAR POR VARAS SEMANAS CONSECUTIVAS. LOS INVENTARIOS DE PROPIEDADES A LA VENTA ESTAN EN ALTOS NIVELES EN ALGUNAS AREAS.
DURANTE EL MES DE ABRIL DEL PRESENTE ANO,SE REFLEJO UNA BAJA EN VENTAS DE 31% COMPARADO CON EL MISMO MES DEL ANO 2005.UNA CANTIDAD DE 16,392 PROPIEDADES FUERON VENDIDAS, COMPARADAS CON 23,844 QUE SE VENDIERON EL ANO ANTERIOR. EL PRECIO DE LAS PROPIEDADES AUMENTO UN 13%.
TODAS ESTAS ESTADISTICAS VAN REFLEJANDO UNA ESTABILIDAD EN EL MERCADO, VAMOS CAMINO A TENER UN MERCADO MUCHO MAS NORMAL QUE LO SUCEDIDO DURANTE TRES ANOS CONSECUTIVOS EN LA FLORIDA, DONDE SE DISPARARON LOS VALORES DE LAS RESIDENCIAS A CIFRAS INIMAGINABLES.
LOS COMPRADORES COMENZARAN A TENER LA OPORTUNIDAD DE RECIBIR OFERTAS MUY TENTADORAS TANTO DE BANCOS COMO DE DESARROLLADORES.
GRACIAS POR VISITAR MY BLOG
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
RECUERDA TODOS SOMOS GUERREROS DE LUZ
Thursday, May 25, 2006
IMPORTANTES FACTORES A CONSIDERR CUANDO USTED VAYA A CONSTRUIR O REMODELAR SU PROPIEDAD
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
WWW.JOSERAULMARRERO.COM
UN GRANDIOSO DIA PARA TODOS
COMO RESULTADOS DE VARIOS ESTUDIOS SOBRE EL MERCADO DE LAS BIENES RAICES SE HA ENCONTRADO QUE UNA DRAMATICA CANTIDAD DE LOS POTENCIALES COMPRADORES DE RESIDENCIAS PERTENECEN AL SEGMENTO DE LOS LLAMADOS BABYBOOMERS QUE TIENE UNA EDAD PROMEDIO ENTRE LOS 40 - 60 ANOS .
TOMANDO ESTE IMPORTANTE DATO A CONSIDERACION , PRESENTAMOS IMPORTANTES FACTORES QUE DEBE TOMAR ENCUENTA USTED AL REMODELAR O CONSTRUIR UNA RESIDENCIA NUEVA.
1.EL CUARTO PRINCIPAL DEBE ESTAR EN EL PRIMER PISO.
2 LA ENTRADA PRINCIPAL DE LA RESIDENCIA NO DEBE TENER DESNIVELES O ESCALONES.
3. UNA ALTURA ADECUADA Y DE FACIL MANEJO PARA TODAS LAS CERRADURAS DE LAS PUERTAS.
4. EN EL PRIMER NIVEL DE LA RESIDENCIA NO DEBE EXISTIR NINGUN CAMBIO DE NIVEL EN EL PISO, COMO ESCALONES.
5. UNA ILUMINACION SUFICIENTE EN TODA LA RESIDENCIA.
6. MANTENER A LO MAS BAJO POSIBLE EL NIVEL TRABAJO DE MANTENIMIENTO EXTERIOR DE LA RESIDENCIA.
7. UN DISENO QUE PERMITA EL FACIL MOVIMIENTO ENTRE LA COCINA Y EL COMEDOR.
8. EVITAR EL USO DE UN PISO RESBALADIZO EN LA ENTRADA PRINCIPAL, MAJORMENTE EN CASO DE LLUVIA.
SIEMPRE SE ACONSEJA QUE CUANDO SE CONSTRUYA O SE ADQUIERA UNA PROPIEDAD SE PIENSE EN LA POSIBILIDAD DE QUE EN ALGUN MOMENTO USTED VENDERIA LA MISMA.
ENTONCES, TOME EN CONSIDERACION LO ANTERIORMENTE SENALADO, POR QUE SEGUN OTRAS ESTADISTICAS IMPORTANTES, EL CIUDADDANO ESTADONIDENSE CAMBIA DE RESIDENCIA , ANTES DE LOS CINCO ANOS PROMEDIO Y USTED PODRIA TENER LA NECESIDAD DE VENDER SU PROPIEDAD EN ALGUN MOMENTO.
POST DATA
ESTAMOS CELEBRANDO LA ENTRADA DE LOS PRIMEROS MIL VISITANTES A NUESTRA PAGINA DE INTERNET..........
NUEVAMENTE GRACIAS POR VISITAR NUESTRO BLOG
Y RECUERDA TODOS SOMOS GUERREROS DE LUZ..............
JOSE RAUL MARRERO
407-436-5140
MARRERO REAL ESTATE BROKERAGE LLC
WWW.JOSERAULMARRERO.COM
UN GRANDIOSO DIA PARA TODOS
COMO RESULTADOS DE VARIOS ESTUDIOS SOBRE EL MERCADO DE LAS BIENES RAICES SE HA ENCONTRADO QUE UNA DRAMATICA CANTIDAD DE LOS POTENCIALES COMPRADORES DE RESIDENCIAS PERTENECEN AL SEGMENTO DE LOS LLAMADOS BABYBOOMERS QUE TIENE UNA EDAD PROMEDIO ENTRE LOS 40 - 60 ANOS .
TOMANDO ESTE IMPORTANTE DATO A CONSIDERACION , PRESENTAMOS IMPORTANTES FACTORES QUE DEBE TOMAR ENCUENTA USTED AL REMODELAR O CONSTRUIR UNA RESIDENCIA NUEVA.
1.EL CUARTO PRINCIPAL DEBE ESTAR EN EL PRIMER PISO.
2 LA ENTRADA PRINCIPAL DE LA RESIDENCIA NO DEBE TENER DESNIVELES O ESCALONES.
3. UNA ALTURA ADECUADA Y DE FACIL MANEJO PARA TODAS LAS CERRADURAS DE LAS PUERTAS.
4. EN EL PRIMER NIVEL DE LA RESIDENCIA NO DEBE EXISTIR NINGUN CAMBIO DE NIVEL EN EL PISO, COMO ESCALONES.
5. UNA ILUMINACION SUFICIENTE EN TODA LA RESIDENCIA.
6. MANTENER A LO MAS BAJO POSIBLE EL NIVEL TRABAJO DE MANTENIMIENTO EXTERIOR DE LA RESIDENCIA.
7. UN DISENO QUE PERMITA EL FACIL MOVIMIENTO ENTRE LA COCINA Y EL COMEDOR.
8. EVITAR EL USO DE UN PISO RESBALADIZO EN LA ENTRADA PRINCIPAL, MAJORMENTE EN CASO DE LLUVIA.
SIEMPRE SE ACONSEJA QUE CUANDO SE CONSTRUYA O SE ADQUIERA UNA PROPIEDAD SE PIENSE EN LA POSIBILIDAD DE QUE EN ALGUN MOMENTO USTED VENDERIA LA MISMA.
ENTONCES, TOME EN CONSIDERACION LO ANTERIORMENTE SENALADO, POR QUE SEGUN OTRAS ESTADISTICAS IMPORTANTES, EL CIUDADDANO ESTADONIDENSE CAMBIA DE RESIDENCIA , ANTES DE LOS CINCO ANOS PROMEDIO Y USTED PODRIA TENER LA NECESIDAD DE VENDER SU PROPIEDAD EN ALGUN MOMENTO.
POST DATA
ESTAMOS CELEBRANDO LA ENTRADA DE LOS PRIMEROS MIL VISITANTES A NUESTRA PAGINA DE INTERNET..........
NUEVAMENTE GRACIAS POR VISITAR NUESTRO BLOG
Y RECUERDA TODOS SOMOS GUERREROS DE LUZ..............
JOSE RAUL MARRERO
407-436-5140
Tuesday, May 23, 2006
REGULAN TARIFAS DE SEGUROS Y SE REFLEJAN NCREMENTOS DRAMATICOS DEL COSTO DE LOS SEGUROS DE PROPIEDADES EN FLORIDA
JOSE RAUL MARRERO
WWW.JOSERULMARRERO.COM
407-436-5140
EN EL ESTADO DE LA FLORIDA SE DEBATE DESDE HACE VARIOS MESES EL AUMENTO DRAMATICO DEL SEGURO DE LAS PROPIEDADES. A CONTINUACION UNA HISTORIA APARECIDA EN UN REVISTA DE CIRCULACION GENERAL SOBRE LE TEMA DE LA REGULACION POR PARTE DE LA LEGISLATURA DEL ESTADO DE ESTABLECER ALGUNOS CONTROLES PARA QUE LAS COMPANIAS PUEDAN CUBRIR LOS DANOS Y TENER LIQUIDEZ.
TALLAHASSEE, Fla. -- May 22, 2006 -- Many homeowners insured by Citizens Property Insurance Corp., South Florida's largest property insurer, will see double-digit insurance premium increases, but the company's condominium policyholders will get a temporary reprieve.
State insurance officials on Friday approved state-backed Citizens' two-step request to raise prices for homeowners living in the company's high-risk area, which in South Florida is mainly east of Interstate 95. But officials denied one of Citizens' two requests to boost rates charged to condo policyholders.
Looking ahead, a Citizens' spokesman warned that rates will continue to climb for home and condo customers because the Florida Legislature ordered the company to charge high enough premiums to cover its losses during a major hurricane. That means next year coastal policyholders could pay double the annual premiums they pay now. "Citizens policyholders should expect additional increases going forward because of the legislation," company spokesman Justin Glover said.
For now, owners of older homes can expect an extra surcharge on top of what they're already paying for Citizens coverage. The insurer of last resort is allowed to tack on a surcharge up to 25 percent to insure single-family homes older than 50 years.
Citizens is the second-largest property insurer in the state. The company insures more than 850,000 people statewide, including about 400,000 in South Florida and the Keys.
Some Citizens homeowner policyholders already are paying the first of the two increases the insurer requested. Citizens started collecting the first increase in March, raising rates as much as 23 percent in parts of Broward and Palm Beach counties.
Citizens will start collecting the second increase in September. The statewide average effect of those rate hikes will be 12.4 percent for homeowners living west of I-95, and 25.9 percent for homeowners in Citizens' high-risk coastal areas. On Friday, county-by-county figures were not available for Citizens' second price increase, but the rates are expected to be higher in South Florida than the state average.
"Our actuarial staff has rigorously examined these rates, and I am confident the approved adjustments achieve adequate rates given the risks involved," Insurance Commissioner Kevin McCarty said in a written statement. "Citizens did not receive approval for all rate adjustments requested."
Glover said the company is still analyzing the rate adjustment it received Friday from the state Office of Insurance Regulation, but called it a "step in the right direction."
Condo owners won't have as much sticker shock as those living in single-family homes. The increase that Citizens already is collecting boosts rates no more than 7.3 percent for condo owners in high-risk areas of Broward County, and no more than 14.6 percent for condos in high-risk areas of Palm Beach County. Regulators denied a second rate increase to condo owners. Under the first increase, Citizens' condo policyholders living west of I-95 saw no change in their rates. However, Citizens policyholders -- and all Florida property owners -- are paying a 6.8 percent increase or $68 per $1,000 of annual premium because of the company's $516 million deficit after the 2004 hurricanes. In addition, the state's property owners are all paying 3.5 percent, or $35 per $1,000 of premium, toward the $1.7 billion shortfall in 2005.
Some Citizens policyholders wondered how they would be able to afford the higher rates, or why they were being targeted for such large increases.
Citizens customer Sue Muntz said her home in Fort Lauderdale is like a "little bomb shelter," with a flat-tile roof, impact-resistant windows and locks on the doors to ensure it isn't blown in by hurricane-force winds.
Muntz, 49, said she doesn't feel like her rates reflect the extra time and expense she and her husband took to protect their home.
"What gets ridiculous is when you take the time to actually secure your house ... and it doesn't seem to make any difference," Muntz said.
Joe Provenzola said he might forgo investing in his retirement to be able to pay for rising premiums.
"Maybe we have to invest less in our retirement because we have to afford insurance," said Provenzola, 44, of Lighthouse Point. "Where can you get the money from? The first thing that comes to mind is investments, retirement." He said he doesn't understand why Citizens charges so much, when he has no other options for companies to insure his home. "It's not the insurance of last resort," Provenzola said. "It's the only one for us."
GRACIAS POR VISITAR MY BLOG
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
REAL ESTATE BROKER LIC
407-436-5140
TODOS SOMOS GUERRROS DE LUZ!
407-436-5140
WWW.JOSERULMARRERO.COM
407-436-5140
EN EL ESTADO DE LA FLORIDA SE DEBATE DESDE HACE VARIOS MESES EL AUMENTO DRAMATICO DEL SEGURO DE LAS PROPIEDADES. A CONTINUACION UNA HISTORIA APARECIDA EN UN REVISTA DE CIRCULACION GENERAL SOBRE LE TEMA DE LA REGULACION POR PARTE DE LA LEGISLATURA DEL ESTADO DE ESTABLECER ALGUNOS CONTROLES PARA QUE LAS COMPANIAS PUEDAN CUBRIR LOS DANOS Y TENER LIQUIDEZ.
TALLAHASSEE, Fla. -- May 22, 2006 -- Many homeowners insured by Citizens Property Insurance Corp., South Florida's largest property insurer, will see double-digit insurance premium increases, but the company's condominium policyholders will get a temporary reprieve.
State insurance officials on Friday approved state-backed Citizens' two-step request to raise prices for homeowners living in the company's high-risk area, which in South Florida is mainly east of Interstate 95. But officials denied one of Citizens' two requests to boost rates charged to condo policyholders.
Looking ahead, a Citizens' spokesman warned that rates will continue to climb for home and condo customers because the Florida Legislature ordered the company to charge high enough premiums to cover its losses during a major hurricane. That means next year coastal policyholders could pay double the annual premiums they pay now. "Citizens policyholders should expect additional increases going forward because of the legislation," company spokesman Justin Glover said.
For now, owners of older homes can expect an extra surcharge on top of what they're already paying for Citizens coverage. The insurer of last resort is allowed to tack on a surcharge up to 25 percent to insure single-family homes older than 50 years.
Citizens is the second-largest property insurer in the state. The company insures more than 850,000 people statewide, including about 400,000 in South Florida and the Keys.
Some Citizens homeowner policyholders already are paying the first of the two increases the insurer requested. Citizens started collecting the first increase in March, raising rates as much as 23 percent in parts of Broward and Palm Beach counties.
Citizens will start collecting the second increase in September. The statewide average effect of those rate hikes will be 12.4 percent for homeowners living west of I-95, and 25.9 percent for homeowners in Citizens' high-risk coastal areas. On Friday, county-by-county figures were not available for Citizens' second price increase, but the rates are expected to be higher in South Florida than the state average.
"Our actuarial staff has rigorously examined these rates, and I am confident the approved adjustments achieve adequate rates given the risks involved," Insurance Commissioner Kevin McCarty said in a written statement. "Citizens did not receive approval for all rate adjustments requested."
Glover said the company is still analyzing the rate adjustment it received Friday from the state Office of Insurance Regulation, but called it a "step in the right direction."
Condo owners won't have as much sticker shock as those living in single-family homes. The increase that Citizens already is collecting boosts rates no more than 7.3 percent for condo owners in high-risk areas of Broward County, and no more than 14.6 percent for condos in high-risk areas of Palm Beach County. Regulators denied a second rate increase to condo owners. Under the first increase, Citizens' condo policyholders living west of I-95 saw no change in their rates. However, Citizens policyholders -- and all Florida property owners -- are paying a 6.8 percent increase or $68 per $1,000 of annual premium because of the company's $516 million deficit after the 2004 hurricanes. In addition, the state's property owners are all paying 3.5 percent, or $35 per $1,000 of premium, toward the $1.7 billion shortfall in 2005.
Some Citizens policyholders wondered how they would be able to afford the higher rates, or why they were being targeted for such large increases.
Citizens customer Sue Muntz said her home in Fort Lauderdale is like a "little bomb shelter," with a flat-tile roof, impact-resistant windows and locks on the doors to ensure it isn't blown in by hurricane-force winds.
Muntz, 49, said she doesn't feel like her rates reflect the extra time and expense she and her husband took to protect their home.
"What gets ridiculous is when you take the time to actually secure your house ... and it doesn't seem to make any difference," Muntz said.
Joe Provenzola said he might forgo investing in his retirement to be able to pay for rising premiums.
"Maybe we have to invest less in our retirement because we have to afford insurance," said Provenzola, 44, of Lighthouse Point. "Where can you get the money from? The first thing that comes to mind is investments, retirement." He said he doesn't understand why Citizens charges so much, when he has no other options for companies to insure his home. "It's not the insurance of last resort," Provenzola said. "It's the only one for us."
GRACIAS POR VISITAR MY BLOG
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
REAL ESTATE BROKER LIC
407-436-5140
TODOS SOMOS GUERRROS DE LUZ!
407-436-5140
Friday, May 19, 2006
DESDE TODAS PARTES DEL MUNDO INVIERTEN EN LA FLORIDA
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
REAL ESTATE ROKER LIC
UN MARAVILLOSO DIA PARA TODOS.........
YA EL MUNDO ENTERO SABE QUE ES UNA DESICION INTELIENTE INVERTIR EN LA FLORIDA. PERSONALMENTE QUIERO RECONOCER QUE MUCHOS PUERTORIQUENOS ESTAN INVIRTIENDO EN LA FLORIDA DESDE FINALES DE LOS ANOS 60, CUANDO ALGUNAS EMPRESAS EMPESARON A OFRECER SOLARES A LA VENTA EN PUERTO RICO.
CON MUUY POCAS EXCEPCIONES QUE IMPEDIAN EL DESARROLLO DE ALGUNAS DE ESTOS OFRECIMIENTOS, Y AUNQUE AL PRINCIPIO ERA LENTO EL AUMENTO DE VALOR HOY EN DIA HE PODIDO SER TESTIGO Y PARTICIPAR COMO BROKER REAL ESTATE DE MUCHAS TRANSACCIONES DE VENTA DE LOTES QUE COMPRARON POR 4 O 5 MIL DOLARES Y LOS HAN PODIDO VENDER EN 35, 45, 60, Y HASTA 80 MIL DOLARES, Y CASOS EXTRAORDINARIOS EN LA ZONA DE CAPE CORAL HASTA SOBRE 100 MIL, POR LOTES QUE COMPRARON EN 6,000.00.
VENCER EL MIEDO A LA INVERSION, ANALIZAR QUE LA TIERRA NO SE EXPANDE Y LA POBLACION CRECE, Y ES QUE EL ESTADO DE LA FLORIDA GOZA DE UNOS ATRACTIVOS NATURALES COMO EL CLIMA Y ECONOMICOS COMO OPORTUNIDADES DE TRABAJO, ESTABILIDAD SOCIAL ECT.
DESDE QUE EMPECE A VENDER PROPIEDADES EN FLORIDA EN EL 1987 HE SIDO TESTIGO DE COMO AUMENTO LA POBLACION SEGUN EL CENSO POBLACIONAL DESDE 8 MILONES EN 1990, 12 MILLONES EN EL 2000, Y UNA PROYECCION DE SOBRE 15 MILLONES PARA EL 2010. TAMBIEN COMO SE HAN TRANSFORMADOS CIUDADES COMO KISSIMMEE,ST CLAUD, SEBRING SOLO POR MENCIONAR ALGUNOS.
VENDI UN CASA A LA FAM COLLAZO EN KISSIMME CON MIL METROS DE SOLAR EN ROYAL OAKS
EN EL 1992 EN $69,900, ESA MISMA CASA SE VENDIO POR 250,000 DOLARS EN EL 2005.
AHORA RECIENTEMENTE ETAMOS VIENDO COMPANIAS DE EUROPA MANEJANDO SU CARTERA DE CLIENTES COMPRANDO BIENES RAICES EN FLORIDA. SE ESTIMA QUE DESDE MAYO DEL 2004 UN 15% DE LAS VENTAS DE RESIDENCIAS NUEVAS FUERON A LATINOAMERICANOS Y EUROPEOS.
DURANTE ESE PERIODO, ORLANDO SE CONVIRTIO EN UNA CIUDAD MUY POPULAR ENTRE LOS GERMANOS Y INGLESES ESTO A CONSECUENCIA DE LA FUERZA DEL EURO VS EL DOLAR
ADICIONALMENTE SE HA ENCONTRADO UNA NACIENTE FUERTE VENTA DE PROPIEDADES DE LA FLORIDA EN RUSIA POR LA INTERNET.
MOTIVATE A INVERTIR EN UN LUGAR DE RAPIDO CRECIMIENTO, ORIENTATE ADECUADAMENTE, PERO NO DEJES QUE EL MIEDO TE DETENGA.
CUANTAS VECES HAS DEJADO PASAR UNA OPORTUNIDAD FRENTE A TI Y NO HAS TOMADO ACCION?
EXISTEN FACILIDADES DE FINANCIAMIENTO DISPONIBLES PARA TI, EN TU IDIOMA, Y EN MI SECCION DE GALERIA DE FOTOS DE LAS PROPIEDADES EN WWW.JOSERAULMARRERO.COM TENEMOS LOTES DESDE 17,535.00 BAJO PRECIO DE MERCADO.
APROVECHA CUALQUIERA DE ESTAS OFERTAS AHORA...PARA LUEGO PUDIARA SER TARDE...
JOSE RAUL MARRERO
407-436-5140
RECUERDA TODOS SOMOS GUERREROS DE LUZ!
MARRERO REAL ESTATE BROKERAGE LLC
REAL ESTATE ROKER LIC
UN MARAVILLOSO DIA PARA TODOS.........
YA EL MUNDO ENTERO SABE QUE ES UNA DESICION INTELIENTE INVERTIR EN LA FLORIDA. PERSONALMENTE QUIERO RECONOCER QUE MUCHOS PUERTORIQUENOS ESTAN INVIRTIENDO EN LA FLORIDA DESDE FINALES DE LOS ANOS 60, CUANDO ALGUNAS EMPRESAS EMPESARON A OFRECER SOLARES A LA VENTA EN PUERTO RICO.
CON MUUY POCAS EXCEPCIONES QUE IMPEDIAN EL DESARROLLO DE ALGUNAS DE ESTOS OFRECIMIENTOS, Y AUNQUE AL PRINCIPIO ERA LENTO EL AUMENTO DE VALOR HOY EN DIA HE PODIDO SER TESTIGO Y PARTICIPAR COMO BROKER REAL ESTATE DE MUCHAS TRANSACCIONES DE VENTA DE LOTES QUE COMPRARON POR 4 O 5 MIL DOLARES Y LOS HAN PODIDO VENDER EN 35, 45, 60, Y HASTA 80 MIL DOLARES, Y CASOS EXTRAORDINARIOS EN LA ZONA DE CAPE CORAL HASTA SOBRE 100 MIL, POR LOTES QUE COMPRARON EN 6,000.00.
VENCER EL MIEDO A LA INVERSION, ANALIZAR QUE LA TIERRA NO SE EXPANDE Y LA POBLACION CRECE, Y ES QUE EL ESTADO DE LA FLORIDA GOZA DE UNOS ATRACTIVOS NATURALES COMO EL CLIMA Y ECONOMICOS COMO OPORTUNIDADES DE TRABAJO, ESTABILIDAD SOCIAL ECT.
DESDE QUE EMPECE A VENDER PROPIEDADES EN FLORIDA EN EL 1987 HE SIDO TESTIGO DE COMO AUMENTO LA POBLACION SEGUN EL CENSO POBLACIONAL DESDE 8 MILONES EN 1990, 12 MILLONES EN EL 2000, Y UNA PROYECCION DE SOBRE 15 MILLONES PARA EL 2010. TAMBIEN COMO SE HAN TRANSFORMADOS CIUDADES COMO KISSIMMEE,ST CLAUD, SEBRING SOLO POR MENCIONAR ALGUNOS.
VENDI UN CASA A LA FAM COLLAZO EN KISSIMME CON MIL METROS DE SOLAR EN ROYAL OAKS
EN EL 1992 EN $69,900, ESA MISMA CASA SE VENDIO POR 250,000 DOLARS EN EL 2005.
AHORA RECIENTEMENTE ETAMOS VIENDO COMPANIAS DE EUROPA MANEJANDO SU CARTERA DE CLIENTES COMPRANDO BIENES RAICES EN FLORIDA. SE ESTIMA QUE DESDE MAYO DEL 2004 UN 15% DE LAS VENTAS DE RESIDENCIAS NUEVAS FUERON A LATINOAMERICANOS Y EUROPEOS.
DURANTE ESE PERIODO, ORLANDO SE CONVIRTIO EN UNA CIUDAD MUY POPULAR ENTRE LOS GERMANOS Y INGLESES ESTO A CONSECUENCIA DE LA FUERZA DEL EURO VS EL DOLAR
ADICIONALMENTE SE HA ENCONTRADO UNA NACIENTE FUERTE VENTA DE PROPIEDADES DE LA FLORIDA EN RUSIA POR LA INTERNET.
MOTIVATE A INVERTIR EN UN LUGAR DE RAPIDO CRECIMIENTO, ORIENTATE ADECUADAMENTE, PERO NO DEJES QUE EL MIEDO TE DETENGA.
CUANTAS VECES HAS DEJADO PASAR UNA OPORTUNIDAD FRENTE A TI Y NO HAS TOMADO ACCION?
EXISTEN FACILIDADES DE FINANCIAMIENTO DISPONIBLES PARA TI, EN TU IDIOMA, Y EN MI SECCION DE GALERIA DE FOTOS DE LAS PROPIEDADES EN WWW.JOSERAULMARRERO.COM TENEMOS LOTES DESDE 17,535.00 BAJO PRECIO DE MERCADO.
APROVECHA CUALQUIERA DE ESTAS OFERTAS AHORA...PARA LUEGO PUDIARA SER TARDE...
JOSE RAUL MARRERO
407-436-5140
RECUERDA TODOS SOMOS GUERREROS DE LUZ!
Wednesday, May 17, 2006
AUMENTA UN 34% EL VALOR DE LAS PROPIEDADES EN UN ANO EN EL AEA DE ORLANDO.
JOSE RAUL MARRERO
WWW.JOSERAULMARRERO.COM
UN GRANDIOSO DIA PARA TODOS.
EN UN SIGNIFICATIVO DATO, SEGUN EL ESTUDIO DE LA ASOCIACION NACIONAL DE REALTOR LAS PROPIEDADES EN EL AREA DE ORLANDO REFLEJARON UN AUMENTO DE ASTA 34% CON RELACION AL VALOR QUE TENIAN EN EL 2005 PARA ESTA MISMA FECHA.
AHORA, LUEGO DE UN ANO DE RAPIDA VALORIZACION DE LA PROPIEDADES, SE COMIENZA A NOTAR UNA NORMALIZACION EN LA PLUSVALIA DE LAS RESIDENCIAS , PERO AUN CONTINUA A UN BUEN RITMO.
MI IMPRESION ES QUE LLEGARA A ESTAR ALREDEDOR DE UN 12% - 15% DEPENDIENDO DE LA ZONA PARA ESTE ANO, AUNQUE A NIVEL NACIONAL SE PRONOSTICA CERCANO AL 10.5% ANUAL.
A CONTINUACION LA INFORMACION INTEGRA DE LA ASOCIACION NACIONAL DE REALTOR.
WASHINGTON -- May 16, 2006 -- The growth in single-family home prices continued to cool in the first quarter, but many metropolitan areas are still showing double-digit annual gains, according to the latest survey by National Association of Realtors® (NAR). At the same time, metro area condo price appreciation has generally cooled to normal levels.
The association’s first-quarter metro area single-family home price report, covering changes in 149 metropolitan statistical areas, shows 60 areas with double-digit annual increases and 16 metros experiencing price declines.
The national median existing single-family home price was $217,900 in the first quarter, up 10.3 percent from a year earlier when the median price was $197,600. The median is a typical market price where half of the homes sold for more and half sold for less. In the fourth quarter of 2005, the annual rate of home-price appreciation was 13.6 percent.
David Lereah, NAR’s chief economist, says the market is responding to the improvements in inventory. “With the supply of homes picking up very nicely in many areas of the country, pressure is coming off of home prices,” he says. “By the time we report second quarter data, I expect most areas will be returning to normal rates of price growth in the single-digit range. Consumers generally can expect normal price appreciation for the foreseeable future, providing solid returns over time.”
Metro area condominium and cooperative prices, covering changes in 56 markets, show the national median existing condo price was $224,100 in the first quarter, up 5.2 percent from a year earlier. Twenty-seven metros showed double-digit annual gains in the median condo price, and five areas had declines.
NAR President Thomas M. Stevens says inventories have picked up more strongly in the condo sector. “Although we continue to have areas of hot growth, we’re finding more broadly balanced conditions across the country in the condo market,” he says.
“Condos have good fundamentals given the demographics of buyers, with baby boomers focused on the high end and their kids on more affordable units. However, in a handful of areas where there may be an oversupply, prices may level out, so the longer your time horizon the better your investment,” Stevens says.
The national condo price is higher than the median single-family home price because there is a high concentration of condos in the most expensive metropolitan areas. Within a given area, the typical single-family home costs more than the median condo price.
The largest single-family home price increase was in the Phoenix-Mesa-Scottsdale area of Arizona, where the first quarter price of $268,300 rose 38.4 percent from a year ago. Next was Orlando, Fla., at $260,500, up 34.0 percent from the first quarter of 2005. Gainesville, Fla., with a first quarter median price of $210,100, increased 31.9 percent in the last year.
Median first-quarter metro area single-family prices ranged from $52,500 in Danville, Ill., to 14 times that amount in the San Jose-Sunnyvale-Santa Clara area of California, where the median price was $746,800. The second most expensive area was the San Francisco-Oakland-Fremont area at $720,400, followed by the Anaheim-Santa Ana-Irvine area (Orange Co., Calif.), at $712,600.
Other low-cost markets include, Decatur, Ill., the second least-costly metro, at $80,000, and the Youngstown-Warren-Boardman area of Ohio and Pennsylvania, with a first-quarter typical resale home price of $81,100.
In the condo sector, the strongest gains were in the Phoenix-Mesa-Scottsdale area, where the first quarter price of $179,600 rose 38.0 percent from a year ago. In the Honolulu area, the median condo price of $309,000 rose 34.9 percent from the first quarter of 2005, while Miami-Fort Lauderdale-Miami Beach, at $221,500, increased 31.4 percent. The condo price series will be expanded in the future as more data becomes available.
Metro area median existing condo prices ranged from $97,400 in Bismark, N.D., to $615,300 in San Francisco-Oakland-Fremont. The second most expensive reported condo market was Los Angeles-Long Beach-Santa Ana, at $404,600, followed by the San Diego-Carlsbad-San Marcos area of California at $382,200.
Other low cost condo markets include Greensboro-High Point, N.C., at $108,000, and Dallas-Fort Worth-Arlington, at $112,800.
Regionally, the strongest increase in the median existing single-family home price was in the West, where the price rose 12.0 percent to $344,000 during the first quarter. After Phoenix-Mesa-Scottsdale, the strongest increase in the West was in Spokane, Wash., at $172,100, up 26.3 percent, followed by Eugene-Springfield, Ore., at $223,600, up 25.3 percent from the first quarter of 2005, and the Tucson area, at $248,600, up 24.9 percent.
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
407-436-5140
GRACIAS POR VISITAR MI BLOG
Y RECUERDA TODOS SOMOS GUERRROS DE LUZ......
WWW.JOSERAULMARRERO.COM
UN GRANDIOSO DIA PARA TODOS.
EN UN SIGNIFICATIVO DATO, SEGUN EL ESTUDIO DE LA ASOCIACION NACIONAL DE REALTOR LAS PROPIEDADES EN EL AREA DE ORLANDO REFLEJARON UN AUMENTO DE ASTA 34% CON RELACION AL VALOR QUE TENIAN EN EL 2005 PARA ESTA MISMA FECHA.
AHORA, LUEGO DE UN ANO DE RAPIDA VALORIZACION DE LA PROPIEDADES, SE COMIENZA A NOTAR UNA NORMALIZACION EN LA PLUSVALIA DE LAS RESIDENCIAS , PERO AUN CONTINUA A UN BUEN RITMO.
MI IMPRESION ES QUE LLEGARA A ESTAR ALREDEDOR DE UN 12% - 15% DEPENDIENDO DE LA ZONA PARA ESTE ANO, AUNQUE A NIVEL NACIONAL SE PRONOSTICA CERCANO AL 10.5% ANUAL.
A CONTINUACION LA INFORMACION INTEGRA DE LA ASOCIACION NACIONAL DE REALTOR.
WASHINGTON -- May 16, 2006 -- The growth in single-family home prices continued to cool in the first quarter, but many metropolitan areas are still showing double-digit annual gains, according to the latest survey by National Association of Realtors® (NAR). At the same time, metro area condo price appreciation has generally cooled to normal levels.
The association’s first-quarter metro area single-family home price report, covering changes in 149 metropolitan statistical areas, shows 60 areas with double-digit annual increases and 16 metros experiencing price declines.
The national median existing single-family home price was $217,900 in the first quarter, up 10.3 percent from a year earlier when the median price was $197,600. The median is a typical market price where half of the homes sold for more and half sold for less. In the fourth quarter of 2005, the annual rate of home-price appreciation was 13.6 percent.
David Lereah, NAR’s chief economist, says the market is responding to the improvements in inventory. “With the supply of homes picking up very nicely in many areas of the country, pressure is coming off of home prices,” he says. “By the time we report second quarter data, I expect most areas will be returning to normal rates of price growth in the single-digit range. Consumers generally can expect normal price appreciation for the foreseeable future, providing solid returns over time.”
Metro area condominium and cooperative prices, covering changes in 56 markets, show the national median existing condo price was $224,100 in the first quarter, up 5.2 percent from a year earlier. Twenty-seven metros showed double-digit annual gains in the median condo price, and five areas had declines.
NAR President Thomas M. Stevens says inventories have picked up more strongly in the condo sector. “Although we continue to have areas of hot growth, we’re finding more broadly balanced conditions across the country in the condo market,” he says.
“Condos have good fundamentals given the demographics of buyers, with baby boomers focused on the high end and their kids on more affordable units. However, in a handful of areas where there may be an oversupply, prices may level out, so the longer your time horizon the better your investment,” Stevens says.
The national condo price is higher than the median single-family home price because there is a high concentration of condos in the most expensive metropolitan areas. Within a given area, the typical single-family home costs more than the median condo price.
The largest single-family home price increase was in the Phoenix-Mesa-Scottsdale area of Arizona, where the first quarter price of $268,300 rose 38.4 percent from a year ago. Next was Orlando, Fla., at $260,500, up 34.0 percent from the first quarter of 2005. Gainesville, Fla., with a first quarter median price of $210,100, increased 31.9 percent in the last year.
Median first-quarter metro area single-family prices ranged from $52,500 in Danville, Ill., to 14 times that amount in the San Jose-Sunnyvale-Santa Clara area of California, where the median price was $746,800. The second most expensive area was the San Francisco-Oakland-Fremont area at $720,400, followed by the Anaheim-Santa Ana-Irvine area (Orange Co., Calif.), at $712,600.
Other low-cost markets include, Decatur, Ill., the second least-costly metro, at $80,000, and the Youngstown-Warren-Boardman area of Ohio and Pennsylvania, with a first-quarter typical resale home price of $81,100.
In the condo sector, the strongest gains were in the Phoenix-Mesa-Scottsdale area, where the first quarter price of $179,600 rose 38.0 percent from a year ago. In the Honolulu area, the median condo price of $309,000 rose 34.9 percent from the first quarter of 2005, while Miami-Fort Lauderdale-Miami Beach, at $221,500, increased 31.4 percent. The condo price series will be expanded in the future as more data becomes available.
Metro area median existing condo prices ranged from $97,400 in Bismark, N.D., to $615,300 in San Francisco-Oakland-Fremont. The second most expensive reported condo market was Los Angeles-Long Beach-Santa Ana, at $404,600, followed by the San Diego-Carlsbad-San Marcos area of California at $382,200.
Other low cost condo markets include Greensboro-High Point, N.C., at $108,000, and Dallas-Fort Worth-Arlington, at $112,800.
Regionally, the strongest increase in the median existing single-family home price was in the West, where the price rose 12.0 percent to $344,000 during the first quarter. After Phoenix-Mesa-Scottsdale, the strongest increase in the West was in Spokane, Wash., at $172,100, up 26.3 percent, followed by Eugene-Springfield, Ore., at $223,600, up 25.3 percent from the first quarter of 2005, and the Tucson area, at $248,600, up 24.9 percent.
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
407-436-5140
GRACIAS POR VISITAR MI BLOG
Y RECUERDA TODOS SOMOS GUERRROS DE LUZ......
Monday, May 15, 2006
CONTINUA FUERTE EL MERCADO DE SEGUNDAS RESIDENCIAS
MARRERO REAL ESTATE BROKERAGE LLC
WWW.JOSERAULMARRERO.COM
JOSE RAUL MARRERO
407-436-5140
UN DIA ESPECIAL Y UN CALUROSO SALUDO.
EN UN ESTUDIO REALIZADO EN LA ULTIMA SEMANA REFLEJAN UN SALUDABLE MERCADO PARA SEGUNDAS RESIDENCIAS. LOS BABY BOOMERS CONTINUAN DOMINANDO EL MERCADO.MUCHA PERSONS DE ESTA GENERACION POSEEN UNA O MAS RESIDENCIAS ADICIONALES A LA PRINCIPAL.ESTO PARECE QUE CONTINUARA POR LOS PROXIMOS 10 ANOS SEGUN VARIOS ESPECIALISTAS.
A CONTINUACION INFORMACION ADICIONAL.
David Lereah, NAR’s chief economist, said the market continues to be dominated by the baby boom generation. “Middle-aged, middle-income households are the driving factor in the second-home market, with favorable demographics providing a solid fundamental demand in this sector for the next decade,” Lereah says. “Boomers believe in diversifying their assets, and most second-home owners see their purchase as being a better investment than stocks. A surprising majority of survey respondents hold multiple properties, and they are interested in purchasing additional homes.” About six in 10 respondents own two or more homes in addition to their primary residence.
Minorities have become more active in the market, accounting for 11 percent of vacation home purchases between 2003 and 2005 in contrast with 6 percent of purchases in 2002 or earlier. In the investment property segment, minorities accounted for 17 percent of transactions between 2003 and 2005 compared with 11 percent in 2002 or earlier.
An unexpectedly high number of vacation-home owners, 21 percent, own two or more vacation homes. In addition, 34 percent of vacation-home owners report they own two or more investment properties.
More than half of investment property owners, 53 percent, own two or more investment homes and 12 percent own two or more vacation homes.
Analysis of U.S. Census Bureau data shows there are 6.8 million vacation homes in the United States and 37.4 million investment units in addition to 74.6 million owner-occupied units.
NAR President Thomas M. Stevens said the term “second home” appears to be something of a misnomer. “The fact that so many owners of vacation homes and investment property have additional properties is a bit of a revelation,” says Stevens.
“We’ve always known that a certain segment has invested heavily in the rental market, and some people earn their living simply by holding and managing investment property. What we see now is a crossover between largely vacation- and investment-home owners, with people recognizing the value of those investments and pouring more assets into real estate,” Stevens says.
The typical vacation-home owner is 59 years old, earned $120,600 last year, and purchased a property that is 220 miles from their primary residence, though 34 percent were less than 100 miles and another 34 percent were 500 miles or more. Eight out of 10 drive to their property, and half of vacation homes are located within the same state as the owner’s primary residence. Eighty-three percent of owners are married couples.
Three-fourths of vacation-home owners purchased for personal use, although one-third also wanted to diversify investments, and 18 percent intended that the home would become a primary residence in retirement. Only 13 percent of vacation owners listed rental income as a reason to buy. The typical owner spends 39 nights per year at their property, and three-quarters do not rent out. Of those who do rent their vacation home, the median number is 12 nights per year.
The median age of an investment owner is 55, with an income of $98,600 in 2005; 75 percent of owners are married couples. Their investment property is located close by, within a median distance of 10 miles.
Two-thirds of investment-home owners purchased their property to generate rental income, and half viewed the property as a way to diversify investments. Eight out of 10 spend no time in their property. Not surprisingly, 80 percent rent it out, with 73 percent renting for at least six months per year.
For all second homeowners, their most recent property was purchased a median of six years ago. However, most have held additional properties for longer periods.
As for attributes desired in a vacation home, two-thirds want to be close to an ocean, river or lake; 39 percent close to recreational or sporting activities; 38 percent close to vacation or resort areas; and 31 percent close to mountains or other natural attractions.
Leisure activities of interest to vacation-home owners include beach, lake or water sports, 57 percent; boating, 38 percent; hunting or fishing, 32 percent; golf, 21 percent; biking, hiking or horseback riding, 20 percent; ski or winter recreation, 17 percent; and tennis, 9 percent.
Half of vacation homes are located in resort or recreational areas, 18 percent in small towns and 16 percent in rural areas. Four out of ten are detached single-family homes, 22 percent are cabins or cottages, 21 percent condos in buildings with five or more units, 7 percent a townhouse or row house, 5 percent a mobile or manufactured home, and 3 percent are located in two-to-four unit structures; 1 percent were other. Six percent said their vacation home was a timeshare unit.
The median size of a vacation home is 1,480 square feet, 29 percent were new when purchased, and owners estimated the current value to be a median of $300,000 – 68 percent said the value of that property was lower than their primary residence. Sixty-five percent of owners said their vacation property was a better investment than stocks.
Six out of 10 investment properties are located within metropolitan areas. Half are single-family homes, 21 percent are a duplex or apartment in a two-to-four unit structure, 13 percent condos in a building with five or more units, 8 percent a townhouse or row house, 3 percent a mobile or manufactured home, and 2 percent a cabin or cottage; 4 percent were other.
The median size of an investment property is 1,520 square feet, 15 percent were new when purchased, and owners estimated the current value to be $200,000. Three-fourths said the value of their investment property was lower than their primary residence, and 70 percent said their property was a better investment than stocks.
Four percent of vacation-home owners and 8 percent of investment owners said they intended for their child to occupy that property while in school.
Among buyers of second homes in recent years (since 2003), two-thirds purchased through a real estate agent. Eighteen percent of vacation homes and 17 percent of investment properties were purchased directly from owners, while 14 percent of vacation homes and 7 percent of investment properties were purchased directly from builders.
Thirty-two percent of all vacation-home owners and 24 percent of investment owners paid cash for their property. Combined with mortgages that have been paid-off, 82 percent of vacation homes and 75 percent of investment properties are owned free and clear.
Of owners who purchased with a mortgage, the median downpayment on a vacation home was 27 percent and the median downpayment for an investment home was 23 percent.
When asked about the source of downpayment funds for more recent vacation-home owners with loans, who purchased since 2003, half said savings, 23 percent from the sale of other real estate, and 19 percent identified equity or sales proceeds from their primary residence.
For more recent investment owners who purchased with mortgages, half said downpayment funds came from savings, 28 percent from equity or sales proceeds of their primary residence, and 18 percent from the sale of other real estate.
“With older baby boomers just now reaching 60 years of age, and younger boomers in their early 40s, the lifestyle preference of boomers will figure prominently into future demand for vacation homes,” Lereah says. Eleven percent of vacation-home owners said they were planning to buy another home within two years, and 10 percent said they planned to sell.
On the other hand, ownership of investment property hinges on financial gains that can be expected from rental income and appreciation. “Mortgage interest rates, local economic conditions and the local rental market are more important factors in investment decisions. Cooling appreciation rates and greater loan oversight are expected to discourage the speculative element in the investment market, although that is likely to be a relatively small portion of the overall market,” Lereah says.
Even so, 35 percent of all investment-home owners said they were planning to buy another home within two years. For those who currently own four or more investment units, 64 percent said they planned to buy another property within two years, and 17 percent said they planned to purchase five or more additional properties.
Twenty-eight percent of investment owners plan to sell a property within two years.
The 2006 National Association of Realtors® Profile of Second-Home Owners is based on an eight-page questionnaire mailed in January 2006 to a nationwide sample of 45,000 households who owned more than one residential property. It generated 416 usable responses from vacation-home owners and 619 from investment owners.
GRACIAS POR VISITAR NUESTRO BLOGS WWW.JOSERAULMARRERO.COM
RECUERDEN TODOS SOMOS GUERREROS DE LUZ!
WWW.JOSERAULMARRERO.COM
JOSE RAUL MARRERO
407-436-5140
UN DIA ESPECIAL Y UN CALUROSO SALUDO.
EN UN ESTUDIO REALIZADO EN LA ULTIMA SEMANA REFLEJAN UN SALUDABLE MERCADO PARA SEGUNDAS RESIDENCIAS. LOS BABY BOOMERS CONTINUAN DOMINANDO EL MERCADO.MUCHA PERSONS DE ESTA GENERACION POSEEN UNA O MAS RESIDENCIAS ADICIONALES A LA PRINCIPAL.ESTO PARECE QUE CONTINUARA POR LOS PROXIMOS 10 ANOS SEGUN VARIOS ESPECIALISTAS.
A CONTINUACION INFORMACION ADICIONAL.
David Lereah, NAR’s chief economist, said the market continues to be dominated by the baby boom generation. “Middle-aged, middle-income households are the driving factor in the second-home market, with favorable demographics providing a solid fundamental demand in this sector for the next decade,” Lereah says. “Boomers believe in diversifying their assets, and most second-home owners see their purchase as being a better investment than stocks. A surprising majority of survey respondents hold multiple properties, and they are interested in purchasing additional homes.” About six in 10 respondents own two or more homes in addition to their primary residence.
Minorities have become more active in the market, accounting for 11 percent of vacation home purchases between 2003 and 2005 in contrast with 6 percent of purchases in 2002 or earlier. In the investment property segment, minorities accounted for 17 percent of transactions between 2003 and 2005 compared with 11 percent in 2002 or earlier.
An unexpectedly high number of vacation-home owners, 21 percent, own two or more vacation homes. In addition, 34 percent of vacation-home owners report they own two or more investment properties.
More than half of investment property owners, 53 percent, own two or more investment homes and 12 percent own two or more vacation homes.
Analysis of U.S. Census Bureau data shows there are 6.8 million vacation homes in the United States and 37.4 million investment units in addition to 74.6 million owner-occupied units.
NAR President Thomas M. Stevens said the term “second home” appears to be something of a misnomer. “The fact that so many owners of vacation homes and investment property have additional properties is a bit of a revelation,” says Stevens.
“We’ve always known that a certain segment has invested heavily in the rental market, and some people earn their living simply by holding and managing investment property. What we see now is a crossover between largely vacation- and investment-home owners, with people recognizing the value of those investments and pouring more assets into real estate,” Stevens says.
The typical vacation-home owner is 59 years old, earned $120,600 last year, and purchased a property that is 220 miles from their primary residence, though 34 percent were less than 100 miles and another 34 percent were 500 miles or more. Eight out of 10 drive to their property, and half of vacation homes are located within the same state as the owner’s primary residence. Eighty-three percent of owners are married couples.
Three-fourths of vacation-home owners purchased for personal use, although one-third also wanted to diversify investments, and 18 percent intended that the home would become a primary residence in retirement. Only 13 percent of vacation owners listed rental income as a reason to buy. The typical owner spends 39 nights per year at their property, and three-quarters do not rent out. Of those who do rent their vacation home, the median number is 12 nights per year.
The median age of an investment owner is 55, with an income of $98,600 in 2005; 75 percent of owners are married couples. Their investment property is located close by, within a median distance of 10 miles.
Two-thirds of investment-home owners purchased their property to generate rental income, and half viewed the property as a way to diversify investments. Eight out of 10 spend no time in their property. Not surprisingly, 80 percent rent it out, with 73 percent renting for at least six months per year.
For all second homeowners, their most recent property was purchased a median of six years ago. However, most have held additional properties for longer periods.
As for attributes desired in a vacation home, two-thirds want to be close to an ocean, river or lake; 39 percent close to recreational or sporting activities; 38 percent close to vacation or resort areas; and 31 percent close to mountains or other natural attractions.
Leisure activities of interest to vacation-home owners include beach, lake or water sports, 57 percent; boating, 38 percent; hunting or fishing, 32 percent; golf, 21 percent; biking, hiking or horseback riding, 20 percent; ski or winter recreation, 17 percent; and tennis, 9 percent.
Half of vacation homes are located in resort or recreational areas, 18 percent in small towns and 16 percent in rural areas. Four out of ten are detached single-family homes, 22 percent are cabins or cottages, 21 percent condos in buildings with five or more units, 7 percent a townhouse or row house, 5 percent a mobile or manufactured home, and 3 percent are located in two-to-four unit structures; 1 percent were other. Six percent said their vacation home was a timeshare unit.
The median size of a vacation home is 1,480 square feet, 29 percent were new when purchased, and owners estimated the current value to be a median of $300,000 – 68 percent said the value of that property was lower than their primary residence. Sixty-five percent of owners said their vacation property was a better investment than stocks.
Six out of 10 investment properties are located within metropolitan areas. Half are single-family homes, 21 percent are a duplex or apartment in a two-to-four unit structure, 13 percent condos in a building with five or more units, 8 percent a townhouse or row house, 3 percent a mobile or manufactured home, and 2 percent a cabin or cottage; 4 percent were other.
The median size of an investment property is 1,520 square feet, 15 percent were new when purchased, and owners estimated the current value to be $200,000. Three-fourths said the value of their investment property was lower than their primary residence, and 70 percent said their property was a better investment than stocks.
Four percent of vacation-home owners and 8 percent of investment owners said they intended for their child to occupy that property while in school.
Among buyers of second homes in recent years (since 2003), two-thirds purchased through a real estate agent. Eighteen percent of vacation homes and 17 percent of investment properties were purchased directly from owners, while 14 percent of vacation homes and 7 percent of investment properties were purchased directly from builders.
Thirty-two percent of all vacation-home owners and 24 percent of investment owners paid cash for their property. Combined with mortgages that have been paid-off, 82 percent of vacation homes and 75 percent of investment properties are owned free and clear.
Of owners who purchased with a mortgage, the median downpayment on a vacation home was 27 percent and the median downpayment for an investment home was 23 percent.
When asked about the source of downpayment funds for more recent vacation-home owners with loans, who purchased since 2003, half said savings, 23 percent from the sale of other real estate, and 19 percent identified equity or sales proceeds from their primary residence.
For more recent investment owners who purchased with mortgages, half said downpayment funds came from savings, 28 percent from equity or sales proceeds of their primary residence, and 18 percent from the sale of other real estate.
“With older baby boomers just now reaching 60 years of age, and younger boomers in their early 40s, the lifestyle preference of boomers will figure prominently into future demand for vacation homes,” Lereah says. Eleven percent of vacation-home owners said they were planning to buy another home within two years, and 10 percent said they planned to sell.
On the other hand, ownership of investment property hinges on financial gains that can be expected from rental income and appreciation. “Mortgage interest rates, local economic conditions and the local rental market are more important factors in investment decisions. Cooling appreciation rates and greater loan oversight are expected to discourage the speculative element in the investment market, although that is likely to be a relatively small portion of the overall market,” Lereah says.
Even so, 35 percent of all investment-home owners said they were planning to buy another home within two years. For those who currently own four or more investment units, 64 percent said they planned to buy another property within two years, and 17 percent said they planned to purchase five or more additional properties.
Twenty-eight percent of investment owners plan to sell a property within two years.
The 2006 National Association of Realtors® Profile of Second-Home Owners is based on an eight-page questionnaire mailed in January 2006 to a nationwide sample of 45,000 households who owned more than one residential property. It generated 416 usable responses from vacation-home owners and 619 from investment owners.
GRACIAS POR VISITAR NUESTRO BLOGS WWW.JOSERAULMARRERO.COM
RECUERDEN TODOS SOMOS GUERREROS DE LUZ!
Thursday, May 11, 2006
CONTINUA FUERTE EL MERCADO DE VENTA DE RESIDENCIAS
UN BONITO DIA PARA TODOS
JOSERAULMARRERO.COM SE COMPLACE EN ANUNCIARLES QUE CONTINUA FUERTE EL MERCADO DE BIENES RAICES.
A CONTINUACION EL TEXTO DEL ANUNCIO POR LA ASOCIACION NACIONAL DE REALTOR DE LA FLORIDA.
WASHINGTON -- May 10, 2006 -- The housing market is settling but should experience its third best year in 2006, with job creation and a growing economy offsetting some of the effects of rising interest rates, according to the National Association of Realtors® (NAR).
David Lereah, NAR’s chief economist, says the market is adjusting to higher mortgage interest rates. “Coming off a prolonged period of record sales, housing is taking something of a breather this year,” he says. “Even so, interest rates remain historically low, we’ve added about 2 million jobs over the last 12 months and the economy continues to grow -- that will sustain healthy levels of home sales in 2006, but they’ll stay below the peaks experienced during the last two years.”
Lereah forecasts the 30-year fixed-rate mortgage to rise to 7.0 percent this summer and hold at that level during the second half of the year. The unemployment rate is expected to average 4.7 percent, compared with 5.1 percent in 2005, while growth in the U.S. gross domestic product is seen at 3.5 percent in 2006, the same as last year.
Existing-home sales are likely to fall 6.4 percent to 6.62 million in 2006 from a record 7.08 million last year. New-home sales are projected to drop 11.6 percent to 1.13 million from last year’s record of 1.28 million. Housing starts should decline 3.7 percent to 1.99 million this year compared with 2.07 million in 2005.
NAR President Thomas M. Stevens says home prices are returning to normal patterns. “Since the supply of homes on the market has improved to roughly balanced levels, overall home price appreciation has cooled to single-digit rates,” says Stevens. “Most of the country is now entering a period of equilibrium in the housing market, which is good for the long-term health of the sector. Owners in most areas can now expect steadier and more normal rates of return on their housing investment.”
The national median existing-home price for all housing types is expected to rise 5.7 percent this year to $232,200, while the median new-home price is forecast to increase 2.2 percent to $242,500.
Inflation as measured by the Consumer Price Index is projected at 3.4 percent in 2006. Inflation-adjusted disposable personal income is likely to grow 3.4 percent this year.
© 2006 FLORIDA ASSOCIATION OF REALTORS
GRACIAS POR VISITAR MI BLOG
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
407-436-5140
TODOS SOMOS GUERREROS DE LUZ.............
JOSERAULMARRERO.COM SE COMPLACE EN ANUNCIARLES QUE CONTINUA FUERTE EL MERCADO DE BIENES RAICES.
A CONTINUACION EL TEXTO DEL ANUNCIO POR LA ASOCIACION NACIONAL DE REALTOR DE LA FLORIDA.
WASHINGTON -- May 10, 2006 -- The housing market is settling but should experience its third best year in 2006, with job creation and a growing economy offsetting some of the effects of rising interest rates, according to the National Association of Realtors® (NAR).
David Lereah, NAR’s chief economist, says the market is adjusting to higher mortgage interest rates. “Coming off a prolonged period of record sales, housing is taking something of a breather this year,” he says. “Even so, interest rates remain historically low, we’ve added about 2 million jobs over the last 12 months and the economy continues to grow -- that will sustain healthy levels of home sales in 2006, but they’ll stay below the peaks experienced during the last two years.”
Lereah forecasts the 30-year fixed-rate mortgage to rise to 7.0 percent this summer and hold at that level during the second half of the year. The unemployment rate is expected to average 4.7 percent, compared with 5.1 percent in 2005, while growth in the U.S. gross domestic product is seen at 3.5 percent in 2006, the same as last year.
Existing-home sales are likely to fall 6.4 percent to 6.62 million in 2006 from a record 7.08 million last year. New-home sales are projected to drop 11.6 percent to 1.13 million from last year’s record of 1.28 million. Housing starts should decline 3.7 percent to 1.99 million this year compared with 2.07 million in 2005.
NAR President Thomas M. Stevens says home prices are returning to normal patterns. “Since the supply of homes on the market has improved to roughly balanced levels, overall home price appreciation has cooled to single-digit rates,” says Stevens. “Most of the country is now entering a period of equilibrium in the housing market, which is good for the long-term health of the sector. Owners in most areas can now expect steadier and more normal rates of return on their housing investment.”
The national median existing-home price for all housing types is expected to rise 5.7 percent this year to $232,200, while the median new-home price is forecast to increase 2.2 percent to $242,500.
Inflation as measured by the Consumer Price Index is projected at 3.4 percent in 2006. Inflation-adjusted disposable personal income is likely to grow 3.4 percent this year.
© 2006 FLORIDA ASSOCIATION OF REALTORS
GRACIAS POR VISITAR MI BLOG
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
407-436-5140
TODOS SOMOS GUERREROS DE LUZ.............
Wednesday, May 10, 2006
POINCIANA SE SIGUE DESARROLLANDO GRANDEMENTE
UN GRANDIOSO DIA PARA TODOS
DESDE POINCIANA, FL
NUEVOS DESARROLLOS SE MANIFIESTAN EN TODA EL AREA DE POINCIANA FLORIDA. LOS ANUNCIOS DE NUEVOS PROYECTOS HARAN QUE LA POBLACION SOBREPASE LOS 60,000 HABITANTES Y VEREMOS MUY PRONTO ESCASES DE TERRENOS ENTRE KISSIMME Y POINCIANA.
POR EJEMPLO , UNA SOLA COMPANIA RADICADA EN ORLANDO COMPRO 20 ACRES PARA CONSTRUIR FACILIDADES DE TIENDAS CON UN COSTO ESTIMADO DE 14 MILLONES. SE ESPERA QUE EL CONTINUO AUGE DE LA CONSTRUCCION EN LA ZONA SIGA TRAYENDO EMPLEOS RELACIONADOS A ESTA INDUSTRIA DE MANERA SOSTENIDA POR LOS PROXIMOS ANOS.
EN OTRO EJEMPLO, UNO DE LOS DESARROLLADORES MAS GRANDES DE LA ZONA COMENZO LA CONSTRUCCION EN 4.66 ACRES DE UN EDIFICIO DE 19000 PIES CUADRADOS PARA AEROBICOS EN UN GIMNASIO INMENSO DE CINCO ESTRELLAS TOTALMENTE MODERNO PRONOSTICANDO EL AUGE DE LA POBACION.
EN OTRO PROYECTO SE CONSTRUYE EN 4,000 ACRES UNA COMUNIDAD DE ADULTOS.ESTA EMPRESA EN EL 2005, VENDIO 711 NUEVAS CASAS QUE TOTALIZARON 210 MILLONES DE DOLARES SOLO PARA ESTA CONSTRUCTORA. TAMBIEN ESPERAN CONSTRUIR 2700 ADICIONALES DENTRO DE LOS PROXIMOS CINCO ANOS.
TODOS ESTOS EJEMPLOS SUCEDEN EN UN AREA QUE APENAS DOS ANOS Y MEDIO ATRAS SE PODIA CONSEGUIR UNA RESIDENCIA EN LOS 90 MIL DOLARES.
POINCIANA SEGUIRA DANDO DE QUE HABLAR Y PERSONALMENTE VISLUMBRO QUE MUY PRONTO SERA VIRTUALMENTE IMPOSIBLE CONSEGUIR UNA RESIDENCIA BAJO LOS 200 MIL DOLARES.
GRACIAS POR VISITAR MY BLOG
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
407-436-5140.
TODOS SOMOS GUERRROS DE LUZ.........................
DESDE POINCIANA, FL
NUEVOS DESARROLLOS SE MANIFIESTAN EN TODA EL AREA DE POINCIANA FLORIDA. LOS ANUNCIOS DE NUEVOS PROYECTOS HARAN QUE LA POBLACION SOBREPASE LOS 60,000 HABITANTES Y VEREMOS MUY PRONTO ESCASES DE TERRENOS ENTRE KISSIMME Y POINCIANA.
POR EJEMPLO , UNA SOLA COMPANIA RADICADA EN ORLANDO COMPRO 20 ACRES PARA CONSTRUIR FACILIDADES DE TIENDAS CON UN COSTO ESTIMADO DE 14 MILLONES. SE ESPERA QUE EL CONTINUO AUGE DE LA CONSTRUCCION EN LA ZONA SIGA TRAYENDO EMPLEOS RELACIONADOS A ESTA INDUSTRIA DE MANERA SOSTENIDA POR LOS PROXIMOS ANOS.
EN OTRO EJEMPLO, UNO DE LOS DESARROLLADORES MAS GRANDES DE LA ZONA COMENZO LA CONSTRUCCION EN 4.66 ACRES DE UN EDIFICIO DE 19000 PIES CUADRADOS PARA AEROBICOS EN UN GIMNASIO INMENSO DE CINCO ESTRELLAS TOTALMENTE MODERNO PRONOSTICANDO EL AUGE DE LA POBACION.
EN OTRO PROYECTO SE CONSTRUYE EN 4,000 ACRES UNA COMUNIDAD DE ADULTOS.ESTA EMPRESA EN EL 2005, VENDIO 711 NUEVAS CASAS QUE TOTALIZARON 210 MILLONES DE DOLARES SOLO PARA ESTA CONSTRUCTORA. TAMBIEN ESPERAN CONSTRUIR 2700 ADICIONALES DENTRO DE LOS PROXIMOS CINCO ANOS.
TODOS ESTOS EJEMPLOS SUCEDEN EN UN AREA QUE APENAS DOS ANOS Y MEDIO ATRAS SE PODIA CONSEGUIR UNA RESIDENCIA EN LOS 90 MIL DOLARES.
POINCIANA SEGUIRA DANDO DE QUE HABLAR Y PERSONALMENTE VISLUMBRO QUE MUY PRONTO SERA VIRTUALMENTE IMPOSIBLE CONSEGUIR UNA RESIDENCIA BAJO LOS 200 MIL DOLARES.
GRACIAS POR VISITAR MY BLOG
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
407-436-5140.
TODOS SOMOS GUERRROS DE LUZ.........................
Saturday, May 06, 2006
SIGUEN SUBIENDO LOS INTERESES HIPOTECARIOS (6.59%)
JOSERAULMARRERO.COM-
GRANDIOSO FIN DE SEMANA PARA TODOS
LS INTERESES HIPOTECARIOS SIGUEN MOSTRANDO UNA TENDENCIA DE ALZA AL FINALIZAR ESTA SEMANA DEL MES DE MAYO DE 2006. PARECE QUE ESTA LLEGANDO A SU FINAL EL PERIODO DE PODER CONSEGUIR UN INTERES BAJO EL 7% PARA UN PRESTAMO HIPOTECARIO, SEGUN PRONOSTIQUE HACE VARIOS MESES. SON VARIAS LAS RAZONES ,COMO EL CAMBIO DE LA DIRECTIVA EN LA RESERVA FEDERAL.
ESTE PORCIENTO DE 6.59% ALCANZADO ESTA SEMANA REPRESENTA LA TAZA DE INTERES MAS ALTA EN LOS ULTIMOS CUATRO ANOS. ESTOY OBSERVANDO COMO CAMBIA RAPIDAMENTE DESDE UN SELLER MARKET A UN BUYER MARKET, DONDE LOS POTENCIALES COMPRADORES COMIENZAN A TENER VENTAJAS AL COMPRAR DENTRO DE OFERTAS QUE INCLUYEN APORTACION A LOS GASTOS DE CIERRE Y OTROS COMO POR EJEMPLO OFRECIENDO SUFRAGAR EL DIFERENCIAL EN LA TAZA DE INTERES POR CIERTA CANTIDAD DE ANOS.
NO SE OBSERVABA UNA CIFRA MAS PARECIDA A ESTE PORCIENTO DE INTERES DESDE EL PASADO MES DE JUNIO DEL 2002 CUANDO LOS INTERESE MARCARON EL 6.63%.
ESTE ELEMENTO DE LA ECONOMIA PARECE INDICAR QUE COMIENZA UN CICLO DE INFLACION EN LOS ESTADOS UNIDOS.
OBVIAMENTE ESTO DETENDRA EL APETITO DE REFINENCIAMIENTO DE LAS PROPIEDADES A LO LARGO DE LA NACION.
LOS PRESTAMOS A 15 ANOS TAMBIEN REFLEJARON UN ALZA HASTA 6.22%
SOLO UN ANO ATRAS EL INTERES A 30 ANOS SE CONSEGUIA EL 5.75%. ESTA ALZA FRENARA SIN DUDA EL VERTIGINOSO AUMENTO QUE SE ESTABA REFLEJANDO LA INDUSTRIA DE LA CONSTRUCCION.
GRACIAS POR VISITAR NUESTRO BLOG
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
RAULMARREROJR@YAHOO.COM
407-436-5140
TODOS SOMOS GUERREROS DE LUZ.............
GRANDIOSO FIN DE SEMANA PARA TODOS
LS INTERESES HIPOTECARIOS SIGUEN MOSTRANDO UNA TENDENCIA DE ALZA AL FINALIZAR ESTA SEMANA DEL MES DE MAYO DE 2006. PARECE QUE ESTA LLEGANDO A SU FINAL EL PERIODO DE PODER CONSEGUIR UN INTERES BAJO EL 7% PARA UN PRESTAMO HIPOTECARIO, SEGUN PRONOSTIQUE HACE VARIOS MESES. SON VARIAS LAS RAZONES ,COMO EL CAMBIO DE LA DIRECTIVA EN LA RESERVA FEDERAL.
ESTE PORCIENTO DE 6.59% ALCANZADO ESTA SEMANA REPRESENTA LA TAZA DE INTERES MAS ALTA EN LOS ULTIMOS CUATRO ANOS. ESTOY OBSERVANDO COMO CAMBIA RAPIDAMENTE DESDE UN SELLER MARKET A UN BUYER MARKET, DONDE LOS POTENCIALES COMPRADORES COMIENZAN A TENER VENTAJAS AL COMPRAR DENTRO DE OFERTAS QUE INCLUYEN APORTACION A LOS GASTOS DE CIERRE Y OTROS COMO POR EJEMPLO OFRECIENDO SUFRAGAR EL DIFERENCIAL EN LA TAZA DE INTERES POR CIERTA CANTIDAD DE ANOS.
NO SE OBSERVABA UNA CIFRA MAS PARECIDA A ESTE PORCIENTO DE INTERES DESDE EL PASADO MES DE JUNIO DEL 2002 CUANDO LOS INTERESE MARCARON EL 6.63%.
ESTE ELEMENTO DE LA ECONOMIA PARECE INDICAR QUE COMIENZA UN CICLO DE INFLACION EN LOS ESTADOS UNIDOS.
OBVIAMENTE ESTO DETENDRA EL APETITO DE REFINENCIAMIENTO DE LAS PROPIEDADES A LO LARGO DE LA NACION.
LOS PRESTAMOS A 15 ANOS TAMBIEN REFLEJARON UN ALZA HASTA 6.22%
SOLO UN ANO ATRAS EL INTERES A 30 ANOS SE CONSEGUIA EL 5.75%. ESTA ALZA FRENARA SIN DUDA EL VERTIGINOSO AUMENTO QUE SE ESTABA REFLEJANDO LA INDUSTRIA DE LA CONSTRUCCION.
GRACIAS POR VISITAR NUESTRO BLOG
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
RAULMARREROJR@YAHOO.COM
407-436-5140
TODOS SOMOS GUERREROS DE LUZ.............
Thursday, May 04, 2006
35000 NUEVAS RESIDENCIAS AL LADO ESTE DEL LAGO TOHOPEKALIGA
UN MARAVILLOSO DIA PARA TODOS
CONTINUAMOS RECIBIENDO INFORMACION SOBRE LOS DIVERSOS PROYECTOS NUEVOS EN PLANES PARA LA FLORIDA CENTRAL.
EL DEPARTAMENTO DE PLANIFICACION REGIONAL SE ENCUENTRA REVISANDO LOS PLANES PARA CINCO MEGA PROYECTO QUE TOTALIZAN NADA MAS Y NADA MENOS QUE 35,000 NUEVAS CASAS. ESTO EVIDENCIA QUE EL DESARROLLO DE LA FLORIDA CENTRAL CAMBIARA DRAMATICAMENTE EL MAPA DE SUS CONTORNOS DE LA ZONA URBANA PROXIMAMENTE.
EL DEPARTAMENTO SE PREPARA PARA UNA EXPLOSION DE LA POBLACION QUE PREDICE QUE SE EXPANDIRA DE UNA ACTUAL DE 235,000 HASTA ALCANZAR UNA CANTIDAD DE 550,000 EN ESTE CONDADO PARA EL 2025.
EL CONDADO RECIENTEMENTE CONTRATO TRES FIRMAS DE INGENIEROS PARA LA PLANIFICACION DE LAS CARRETERAS NECESARIAS Y DETERMINAR LOS (IMPAC FEES )NECESARIOS PARA LOS PARQUES DE BOMBA Y OTRAS CONSIDERACIONES PARA GUIAR ADECUADAMENTE ESTE DESARROLLO.
LOS COMISIONADOS NO QUIEREN QUE SE COMETA EL ERROR DE NO TOMAR LAS MEDIDAS NECESARIAS PARA PREVENIR LAS CONSECUENCIAS DE UN TIPO DE CRECIMIENTO COMO ESTE.
ESTOS MEGA PROYECTOS SE LOCALIZARAN MAYORMENTE AL BORDE DE UNA DE LAS ARTERIAS PRINCIPALES LA FLORIDAS TURNPIKE Y EL LAGO TOHOPEKALIGA AL SUR DE LA CIUDAD DE ST CLOUD, Y EL AREOPUERTO INTERNCIONAL DE ORLANDO.
GRACIAS POR VISITAR MI BLOG
JOSERAULMARRERO.COM
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
REAL ESTATE BROKER LIC
407 436-5140
TODOS SOMOS GUERREROS DE LUZ................
CONTINUAMOS RECIBIENDO INFORMACION SOBRE LOS DIVERSOS PROYECTOS NUEVOS EN PLANES PARA LA FLORIDA CENTRAL.
EL DEPARTAMENTO DE PLANIFICACION REGIONAL SE ENCUENTRA REVISANDO LOS PLANES PARA CINCO MEGA PROYECTO QUE TOTALIZAN NADA MAS Y NADA MENOS QUE 35,000 NUEVAS CASAS. ESTO EVIDENCIA QUE EL DESARROLLO DE LA FLORIDA CENTRAL CAMBIARA DRAMATICAMENTE EL MAPA DE SUS CONTORNOS DE LA ZONA URBANA PROXIMAMENTE.
EL DEPARTAMENTO SE PREPARA PARA UNA EXPLOSION DE LA POBLACION QUE PREDICE QUE SE EXPANDIRA DE UNA ACTUAL DE 235,000 HASTA ALCANZAR UNA CANTIDAD DE 550,000 EN ESTE CONDADO PARA EL 2025.
EL CONDADO RECIENTEMENTE CONTRATO TRES FIRMAS DE INGENIEROS PARA LA PLANIFICACION DE LAS CARRETERAS NECESARIAS Y DETERMINAR LOS (IMPAC FEES )NECESARIOS PARA LOS PARQUES DE BOMBA Y OTRAS CONSIDERACIONES PARA GUIAR ADECUADAMENTE ESTE DESARROLLO.
LOS COMISIONADOS NO QUIEREN QUE SE COMETA EL ERROR DE NO TOMAR LAS MEDIDAS NECESARIAS PARA PREVENIR LAS CONSECUENCIAS DE UN TIPO DE CRECIMIENTO COMO ESTE.
ESTOS MEGA PROYECTOS SE LOCALIZARAN MAYORMENTE AL BORDE DE UNA DE LAS ARTERIAS PRINCIPALES LA FLORIDAS TURNPIKE Y EL LAGO TOHOPEKALIGA AL SUR DE LA CIUDAD DE ST CLOUD, Y EL AREOPUERTO INTERNCIONAL DE ORLANDO.
GRACIAS POR VISITAR MI BLOG
JOSERAULMARRERO.COM
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
REAL ESTATE BROKER LIC
407 436-5140
TODOS SOMOS GUERREROS DE LUZ................
Wednesday, May 03, 2006
LLEGAN AL MERCADO PRESTAMOS A 50 ANOS
UN GRANDIOSO DIA PARA TODOS
HOY ESTUVE LEYENDO SOBRE LA LLEGADA DE LOS PRESTAMOS HIPOTECARIOS A CINCUENTA ANOS. ESTOS PRESTAMOS A CINCUENTA ANOS TIENEN UNAS VENTAJAS Y DESVENTAJAS.
MUY POCAS PRESONAS VIVEN 30 ANOS UNA MISMA RESIDENCIA Y MUCHO MENOS 50 ANOS. CIERTAMENTE SEGUN LOS ESTUDIOS PERTINENTES LAS PERSONAS EN ESTADOS UNIDOS VIVEN UN PROMEDIO DE SOLO 5 ANOS UNA MISMA RESIDENCIA. TENIENDO ESTO COMO BASE PODRIA RESULTAR CONTRAPRODUCENTE ESTE TIPO DE PRESTAMO.
PRIMERO LOS PRESTAMOS SON OFECIDOS CON UNA TAZA DE INTERES QUE PODRIA SER AJUSTADOS HASTA UN UNO PORCIENTO ANUAL EN BASE A UN INDICADOR ECONOMICO.
SEGUNDO QUE LA CANTIDAD DE INTERESES PAGADOS AL FINAL DE ESTOS 50 ANOS SERA EXTRAORDINARIAMENTE ALTA.
ANALIZEMOS EL SIGUIENTE EJEMPLO SI SE COMPARA UN PRESTAMO DE 30 ANOS A UN INTERES COMO EL PREVALECIENTE DE 6.5% POR 300,000.00 DOLARES, EL PAGO DE PRINCIPAL E INTERES SERA DE 1896.20 Y ESTE MISMO PRESTAMO A 50 ANOS EL PAGO SERIA DE 1691.15 O SEA UNA DIFERENCIA DE 205 DOLARES MENSUALES. ES IMPORTANTE SENALAR SIN EMBARGO QUE LOS PAGOS NO SE REFLEJARIAN GRANDEMENTE EN LA AMORTIZACION HASTA 20 ANOS Y EL COSTO TOTAL AL FINAL SERA DE 332,058.00 ADICIONALES AL PRESTAMO DE 30 ANOS.
CLARO SI SU CREDITO ESTA COMPROMETIDO Y ESTA ES LA UNICA OPORTUNIDAD DE COMPRAR UNA RESIDENCIA O INVERSION, PODRIA SER UNA ALTERNATIVA, CONSIDERANDO QUE MAS ADELANTE PODRIA REFINANCIAR CON EL EQUITY DE LA MISMA PROPIEDAD Y HACERLO UN PRESTAMO MAS VIABLE Y ATRACTIVO PARA SUS FINANZAS EN EL FUTURO.
CASI LA MITAD DE LOS NUEVOS COMPRADORES TIENE 31 ANOS O MAS O SEA QUE AL FINAL DEL PRESTAMO TENDRAN MAS DE OCHENTA ANOS.
ESTOS PRESTAMOS YA SE ESTAN OFRCIENDO EN CALIFORNIA DONDE LOS PRECIOS PROMEDIOS DE LA S RESIDENCIAS SUPERAN LOS $500,000.00 DOLARES.
ESTOS PRESTAMOS SE OFRECEN PARA EL MERCADO DE PERSONAS QUE NO ESTAN COMODOS CON LOS PRESTAMOS DE SOLO INTERES QUE SE OFRECEN EN EL MERCADO ACTUALMENTE QUE NO CUBRE LA TOTALIDAD DE LOS INTERESES DEL MES Y SE VAN ACUMULANDO (AMORTIZACION NEGATIVA).
ALGUNOS ANALISTAS ANTICIPAN UNA CANTIDAD DE VENTAS EN SUBASTAS POR ESTE TIPO DE PRESTAMOS DE AMORTIZACION NEGATIVA Y ESTOS PRESTAMOS A 50 ANOS SON ALTERNATIVA PARA ESTOS CONSUMIDORES
GRACIAS POR VISITAR MI BLOG
MI WEB JOSERAULMARRERO.COM
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
RESIDENCIAS Y SOLARES PARA TODO MERCADO
SERVICIO ES NUESTRO LEMA
407-436-5140
TODOS SOMOS GUERREROS DE LUZ..............
HOY ESTUVE LEYENDO SOBRE LA LLEGADA DE LOS PRESTAMOS HIPOTECARIOS A CINCUENTA ANOS. ESTOS PRESTAMOS A CINCUENTA ANOS TIENEN UNAS VENTAJAS Y DESVENTAJAS.
MUY POCAS PRESONAS VIVEN 30 ANOS UNA MISMA RESIDENCIA Y MUCHO MENOS 50 ANOS. CIERTAMENTE SEGUN LOS ESTUDIOS PERTINENTES LAS PERSONAS EN ESTADOS UNIDOS VIVEN UN PROMEDIO DE SOLO 5 ANOS UNA MISMA RESIDENCIA. TENIENDO ESTO COMO BASE PODRIA RESULTAR CONTRAPRODUCENTE ESTE TIPO DE PRESTAMO.
PRIMERO LOS PRESTAMOS SON OFECIDOS CON UNA TAZA DE INTERES QUE PODRIA SER AJUSTADOS HASTA UN UNO PORCIENTO ANUAL EN BASE A UN INDICADOR ECONOMICO.
SEGUNDO QUE LA CANTIDAD DE INTERESES PAGADOS AL FINAL DE ESTOS 50 ANOS SERA EXTRAORDINARIAMENTE ALTA.
ANALIZEMOS EL SIGUIENTE EJEMPLO SI SE COMPARA UN PRESTAMO DE 30 ANOS A UN INTERES COMO EL PREVALECIENTE DE 6.5% POR 300,000.00 DOLARES, EL PAGO DE PRINCIPAL E INTERES SERA DE 1896.20 Y ESTE MISMO PRESTAMO A 50 ANOS EL PAGO SERIA DE 1691.15 O SEA UNA DIFERENCIA DE 205 DOLARES MENSUALES. ES IMPORTANTE SENALAR SIN EMBARGO QUE LOS PAGOS NO SE REFLEJARIAN GRANDEMENTE EN LA AMORTIZACION HASTA 20 ANOS Y EL COSTO TOTAL AL FINAL SERA DE 332,058.00 ADICIONALES AL PRESTAMO DE 30 ANOS.
CLARO SI SU CREDITO ESTA COMPROMETIDO Y ESTA ES LA UNICA OPORTUNIDAD DE COMPRAR UNA RESIDENCIA O INVERSION, PODRIA SER UNA ALTERNATIVA, CONSIDERANDO QUE MAS ADELANTE PODRIA REFINANCIAR CON EL EQUITY DE LA MISMA PROPIEDAD Y HACERLO UN PRESTAMO MAS VIABLE Y ATRACTIVO PARA SUS FINANZAS EN EL FUTURO.
CASI LA MITAD DE LOS NUEVOS COMPRADORES TIENE 31 ANOS O MAS O SEA QUE AL FINAL DEL PRESTAMO TENDRAN MAS DE OCHENTA ANOS.
ESTOS PRESTAMOS YA SE ESTAN OFRCIENDO EN CALIFORNIA DONDE LOS PRECIOS PROMEDIOS DE LA S RESIDENCIAS SUPERAN LOS $500,000.00 DOLARES.
ESTOS PRESTAMOS SE OFRECEN PARA EL MERCADO DE PERSONAS QUE NO ESTAN COMODOS CON LOS PRESTAMOS DE SOLO INTERES QUE SE OFRECEN EN EL MERCADO ACTUALMENTE QUE NO CUBRE LA TOTALIDAD DE LOS INTERESES DEL MES Y SE VAN ACUMULANDO (AMORTIZACION NEGATIVA).
ALGUNOS ANALISTAS ANTICIPAN UNA CANTIDAD DE VENTAS EN SUBASTAS POR ESTE TIPO DE PRESTAMOS DE AMORTIZACION NEGATIVA Y ESTOS PRESTAMOS A 50 ANOS SON ALTERNATIVA PARA ESTOS CONSUMIDORES
GRACIAS POR VISITAR MI BLOG
MI WEB JOSERAULMARRERO.COM
JOSE RAUL MARRERO
MARRERO REAL ESTATE BROKERAGE LLC
RESIDENCIAS Y SOLARES PARA TODO MERCADO
SERVICIO ES NUESTRO LEMA
407-436-5140
TODOS SOMOS GUERREROS DE LUZ..............
Monday, May 01, 2006
INTERESES HIPOTACARIOS SUBEN POR QUINTA SEMANA CONSECUTIVA
UN GRANDIOSO DIA PARA TODOS
POR QUINTA SEMANA CONSECUTIVA HAN CONTINUADO SUBIENDO LOS INTERESES HIPOTACARIOS, ALGO QUE SE HABIA PREDICHO CON ANTICIPACION. SIN EMBARGO EN ESTE MOMENTO LOS ANALISTAS NO SE PONEN DE ACUERDO EN DETERMINAR CON SUS PREDICCIONES SI ESTE AUMENTO CONTINUARA.
ALGUNOS CREEN QUE LOS PROXIMOS 45 DIAS SERAN DETERMINANTES EN ESTA TENDENCIA A SUBIR. MI OPINION PERSONAL ES QUE PODRIAN SUIR HASTA UN 7% Y ESTABILIZARSE POR UNOS CUANTOS MESES HASTA FIN DE ANO.
PERO A CONTINUACION EL TEXTO DE LA NOTICIA ......
Mortgage experts surveyed by Bankrate.com this week say you should lock now. Rates continue to climb. A majority (60 percent) of those polled expect mortgage rates to rise over the next 35 to 40 days, while 40 percent say they think rates will stay about the same. No one predicts that rates will go down.
WASHINGTON (AP) -- April 28, 2006 -- Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday.
Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58 percent this week, up from 6.53 percent last week.
The new rate was the highest since 30-mortgages stood at 6.63 percent the week of June 20, 2002.
The rise in mortgage rates was attributed to last week's surge in oil prices, which saw crude oil futures hit a record of $75.17 last Friday, and signs this week of stronger economic growth. Both of those developments raised worries about rising inflationary pressures.
However, Federal Reserve Chairman Ben Bernanke opened the door to taking a pause in the Fed's nearly two-year long campaign of raising interest rates.
He told Congress on Thursday that at some point in the future the Fed "may decide to take no action at one or more meetings" to give policy-makers time to assess the rate hikes that have already occurred.
Many analysts said they expect mortgage rates to continue rising gradually for the rest of the year with this increase translating into a drop of about 10 percent in sales. Sales of both new and existing homes have set records for five straight years.
"A stronger labor market, coupled with moderation in house price growth, means our outlook for overall housing conditions remains upbeat," said Frank Nothaft, Freddie Mac's chief economist.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing a home mortgage, climbed to 6.21 percent this week, up from 6.17 percent last week.
One-year adjustable rate mortgages increased to 5.68 percent this week, up from last week's 5.63 percent. Rates on five-year, hybrid adjustable-rate mortgages averaged 6.21 percent this week, up from 6.16 percent last week.
The mortgage rates do not include add-on fees known as points. Thirty-year and 15-year mortgages carried an average nationwide fee of 0.5 point. Five-year mortgages had a fee of 0.6 point and one-year ARMs carried a fee of 0.7 point.
A year ago, 30-year mortgages averaged 5.78 percent, 15-year mortgages stood at 5.33 percent, one-year ARMs were at 4.21 percent and five-year ARMs averaged 5.20 percent.
GRCIAS POR VISITAR MI BLOG
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
RAULMARRERO@YAHOO.COM
407 436-5140
POR QUINTA SEMANA CONSECUTIVA HAN CONTINUADO SUBIENDO LOS INTERESES HIPOTACARIOS, ALGO QUE SE HABIA PREDICHO CON ANTICIPACION. SIN EMBARGO EN ESTE MOMENTO LOS ANALISTAS NO SE PONEN DE ACUERDO EN DETERMINAR CON SUS PREDICCIONES SI ESTE AUMENTO CONTINUARA.
ALGUNOS CREEN QUE LOS PROXIMOS 45 DIAS SERAN DETERMINANTES EN ESTA TENDENCIA A SUBIR. MI OPINION PERSONAL ES QUE PODRIAN SUIR HASTA UN 7% Y ESTABILIZARSE POR UNOS CUANTOS MESES HASTA FIN DE ANO.
PERO A CONTINUACION EL TEXTO DE LA NOTICIA ......
Mortgage experts surveyed by Bankrate.com this week say you should lock now. Rates continue to climb. A majority (60 percent) of those polled expect mortgage rates to rise over the next 35 to 40 days, while 40 percent say they think rates will stay about the same. No one predicts that rates will go down.
WASHINGTON (AP) -- April 28, 2006 -- Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday.
Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58 percent this week, up from 6.53 percent last week.
The new rate was the highest since 30-mortgages stood at 6.63 percent the week of June 20, 2002.
The rise in mortgage rates was attributed to last week's surge in oil prices, which saw crude oil futures hit a record of $75.17 last Friday, and signs this week of stronger economic growth. Both of those developments raised worries about rising inflationary pressures.
However, Federal Reserve Chairman Ben Bernanke opened the door to taking a pause in the Fed's nearly two-year long campaign of raising interest rates.
He told Congress on Thursday that at some point in the future the Fed "may decide to take no action at one or more meetings" to give policy-makers time to assess the rate hikes that have already occurred.
Many analysts said they expect mortgage rates to continue rising gradually for the rest of the year with this increase translating into a drop of about 10 percent in sales. Sales of both new and existing homes have set records for five straight years.
"A stronger labor market, coupled with moderation in house price growth, means our outlook for overall housing conditions remains upbeat," said Frank Nothaft, Freddie Mac's chief economist.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing a home mortgage, climbed to 6.21 percent this week, up from 6.17 percent last week.
One-year adjustable rate mortgages increased to 5.68 percent this week, up from last week's 5.63 percent. Rates on five-year, hybrid adjustable-rate mortgages averaged 6.21 percent this week, up from 6.16 percent last week.
The mortgage rates do not include add-on fees known as points. Thirty-year and 15-year mortgages carried an average nationwide fee of 0.5 point. Five-year mortgages had a fee of 0.6 point and one-year ARMs carried a fee of 0.7 point.
A year ago, 30-year mortgages averaged 5.78 percent, 15-year mortgages stood at 5.33 percent, one-year ARMs were at 4.21 percent and five-year ARMs averaged 5.20 percent.
GRCIAS POR VISITAR MI BLOG
JOSE RAUL MARRERO
JOSERAULMARRERO.COM
RAULMARRERO@YAHOO.COM
407 436-5140
