Tuesday, August 28, 2007
CAIDA DEL VALOR PROMEDIO DE LAS PROPIEDADES EN LA FLORIDA ALCANZA UN 5.5%
JOSE RAUL MARRERO
LUXURY REALTY
407-436-5140
SALUDOS A TODOS
ESPERO TENGAN UN GRANDIOSO DIA
EN INFORMACION QUE NOS LLEGA DE DIVERSAS FUENTES SE NOS ASEGURA QUE EL VALOR DE LAS PROPIEDADES EN LA FLORIDA EN ESTE MOMENTO SUFRE DE UNA VALORIZACION NEGATIVA. ESTE FENOMENO SE DEBE A LA CANTIDAD DE CIERRES DE PROPIEDADES QUE SE ESTAN VENDIENDO BAJO EL VALOR DE TAZACION.
MIENTRAS EL MERCADO ENFRENTE EL ALTO INVENTARIO PREVALECIENTE Y SIGA AUMENTANDO LA CANTIDAD DE PROPIEDADES ENTRANDO EN EJECUCION HIPOTECARIA CONTINUARA ESTE PATRON POR ALGUN TIEMPO. ALGUNOS ANALISTAS ESPECULAN QUE ESTE PERIODO PUEDE DURAR HASTA DOS ANOS.
SIN EMBARGO HAY TRES FACTORES QUE PODEMOS OBSERVAR QUE PUEDEN MOVER ESTA SITUACION EN OTRA DIRECCION.
NUMERO UNO: LOS NUEVOS PERMISOS DE CONSTRUCCION DE PROYECTOS NUEVOS BAJARON DRAMATICAMENTE LO QUE CONTRIBUIRIA A UNA ESTABILIZACION DEL INVENTARIO.
NUMERO DOS: DURANTE LOS PASADOS MESES LOS BANCOS SE COLOCARON EN UNA POSICION ALTAMENTE RESTRICTIVA Y PERDIERON MUCHOS CLIENTES INTERESADOS EN COMPRAR. ESTO PROVOCO UNA BAJA EN LA LIQUIDEZ DE ESTOS BANCOS Y AHORA ESTOS NECESITAN CLIENTES NUEVOS PARA LOGRAR ESTA LIQUIDEZ LO QUE LOS PONDRIA EN UNA SITUACION DE PRESION HACIA OFRECER NUEVOS INCENTIVOS A ESTOS CLIENTES QUE SE HAN QUEDADO ESPERANDO MEJORES NUMEROS EN SUS OFRECIMIENTOS PARA PRESTAMOS NUEVOS.
NUMERO TRES: DURANTE EL MES MES DE JULIO EL MERCADO LABORAL SE MANTUVO EN FUERTE CRECIMIENTO EN EL ESTADO DE LA FLORIDA LO QUE PUEDE INCENTIVAR EL INTERES DE MAS PERSONAS ESCOGER LA FLORIDA COMO SU DESTINO.
LOS COMPRADORES PUDEN CONSEGUIR LAS MEJORES OPORTUNIDADES AHORA. A RIO REVUELTO GANANCIA DE PESCADORES.
PUEDES COMUNICARTE CONMIGO AL 407-436-5140
RECUERDA TODOS SOMOS GUERREROS DE LUZ!
POST DATA
GRACIAS A TODOS MIS CLIENTES QUE SE DIERON CITA EN LA PRESENTACION DE NUESTRO LIBRO EN BORDERS DE PLAZA LAS AMERICAS, MAYAGUEZ Y CAROLINA. ESTE ES MI NUEVO LEGADO A CREAR RELACIONES DE FAMILIA EXITOSA.
POR SI NO LO TIENES TODAVIA EL TITULO ES (EN BUSQUEDA DEL PADRE QUE AMO)
GRACIAS A TODOS
Florida’s median sales price for existing single-family homes last month was $237,500; a year ago, it was $250,400 for a 5 percent decrease. The median is the midpoint; half the homes sold for more, half for less. In July 2002, the statewide median sales price for single-family homes was $141,700, for an increase of 67.6 percent over the five-year-period, according to FAR records.
In June 2007, the national median sales price for existing single-family homes was $230,300, up 0.1 percent from the previous year, according to the National Association of Realtors® (NAR). In California, the statewide median resales price was $594,260 in June; in Massachusetts, it was $364,000; in Maryland, it was $325,427; and in New York, it was $250,000.
NAR’s latest market outlook calls for existing home sales to gain momentum by the end of the year, with broader improvement in sales activity in 2008. “Existing-home sales should be relatively stable over the next few months, holding in a modest range, with some pent-up demand growing from buyers who’ve been on the sidelines,” says NAR Senior Economist Lawrence Yun. While noting that sales could be temporarily affected by recent mortgage industry disruptions, Yun added that the “fundamental momentum clearly suggests stabilizing price trends in many local markets.”
Sales of existing condominiums in Florida also decreased last month, with a total of 3,610 condos sold statewide compared to 4,449 in July 2006 for a 19 percent decline, according to FAR. The statewide median sales price for condos last month was $193,900, down 7 percent from July 2006’s condo median price of $209,100. NAR reported the national median existing condo price was $228,900 in June 2007.
Last month, interest rates for a 30-year fixed-rate mortgage averaged 6.70 percent, according to Freddie Mac, which was lower than the average rate of 6.76 percent in July 2006. FAR’s sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.
Among the state’s larger markets, the Fort Lauderdale Metropolitan Statistical Area (MSA) reported 559 existing homes sold last month compared to 721 homes sold a year ago for a 22 percent decrease. The market's median sales price for homes was $373,700; it was $380,400 in July 2006 for a 2 percent decrease. A total of 562 existing condos changed hands in the MSA last month, down 19 percent from the 696 condos sold the previous year. The existing condo median sales price in July was $187,200; a year ago, it was $209,100 for a 10 percent decrease.
“We’re getting the word out that this is a great time to buy a home in the Fort Lauderdale area,” says Christine Hansen, president of the Realtor Association of Greater Fort Lauderdale and broker-owner of Century 21 Hansen Realty Inc. “It’s taken some time for buyers and sellers to adjust to the changing market, and now we’re seeing more interest and more offers. Fort Lauderdale is still a wonderful place to live, with beautiful beaches, diverse businesses and great job opportunities.”
Among the state’s smaller markets, the Fort Pierce-Port St. Lucie MSA reported a total of 371 homes sold in July compared to 400 homes a year ago for a 7 percent decrease. The existing home median sales price was $231,300; a year ago, it was $259,000 for an 11 percent decrease. A total of 48 existing condos sold in the MSA last month compared to 59 condos the previous July for a 19 percent decrease. The market’s existing condo median price was $166,700; a year ago, it was $188,300 for a decrease of 11 percent.
Sheri Wetzel, president of the Realtors Association of St. Lucie and broker with RE/MAX Midway, says that home sales are returning to a sustainable pace in the Fort Pierce-Port St. Lucie area. “This is a growing area in a convenient location for travel around the state,” she says. “We have a beautiful coastline, and we’re gaining new industry and businesses. Mortgage rates are still very favorable and buyers have more options right now. For most people, buying a house is a long-term investment in a place to call home for themselves and their families. It’s a decision that deserves time, attention and the expertise of a Realtor.”
© 2007 FLORIDA ASSOCIATION OF REALTORS
LUXURY REALTY
407-436-5140
SALUDOS A TODOS
ESPERO TENGAN UN GRANDIOSO DIA
EN INFORMACION QUE NOS LLEGA DE DIVERSAS FUENTES SE NOS ASEGURA QUE EL VALOR DE LAS PROPIEDADES EN LA FLORIDA EN ESTE MOMENTO SUFRE DE UNA VALORIZACION NEGATIVA. ESTE FENOMENO SE DEBE A LA CANTIDAD DE CIERRES DE PROPIEDADES QUE SE ESTAN VENDIENDO BAJO EL VALOR DE TAZACION.
MIENTRAS EL MERCADO ENFRENTE EL ALTO INVENTARIO PREVALECIENTE Y SIGA AUMENTANDO LA CANTIDAD DE PROPIEDADES ENTRANDO EN EJECUCION HIPOTECARIA CONTINUARA ESTE PATRON POR ALGUN TIEMPO. ALGUNOS ANALISTAS ESPECULAN QUE ESTE PERIODO PUEDE DURAR HASTA DOS ANOS.
SIN EMBARGO HAY TRES FACTORES QUE PODEMOS OBSERVAR QUE PUEDEN MOVER ESTA SITUACION EN OTRA DIRECCION.
NUMERO UNO: LOS NUEVOS PERMISOS DE CONSTRUCCION DE PROYECTOS NUEVOS BAJARON DRAMATICAMENTE LO QUE CONTRIBUIRIA A UNA ESTABILIZACION DEL INVENTARIO.
NUMERO DOS: DURANTE LOS PASADOS MESES LOS BANCOS SE COLOCARON EN UNA POSICION ALTAMENTE RESTRICTIVA Y PERDIERON MUCHOS CLIENTES INTERESADOS EN COMPRAR. ESTO PROVOCO UNA BAJA EN LA LIQUIDEZ DE ESTOS BANCOS Y AHORA ESTOS NECESITAN CLIENTES NUEVOS PARA LOGRAR ESTA LIQUIDEZ LO QUE LOS PONDRIA EN UNA SITUACION DE PRESION HACIA OFRECER NUEVOS INCENTIVOS A ESTOS CLIENTES QUE SE HAN QUEDADO ESPERANDO MEJORES NUMEROS EN SUS OFRECIMIENTOS PARA PRESTAMOS NUEVOS.
NUMERO TRES: DURANTE EL MES MES DE JULIO EL MERCADO LABORAL SE MANTUVO EN FUERTE CRECIMIENTO EN EL ESTADO DE LA FLORIDA LO QUE PUEDE INCENTIVAR EL INTERES DE MAS PERSONAS ESCOGER LA FLORIDA COMO SU DESTINO.
LOS COMPRADORES PUDEN CONSEGUIR LAS MEJORES OPORTUNIDADES AHORA. A RIO REVUELTO GANANCIA DE PESCADORES.
PUEDES COMUNICARTE CONMIGO AL 407-436-5140
RECUERDA TODOS SOMOS GUERREROS DE LUZ!
POST DATA
GRACIAS A TODOS MIS CLIENTES QUE SE DIERON CITA EN LA PRESENTACION DE NUESTRO LIBRO EN BORDERS DE PLAZA LAS AMERICAS, MAYAGUEZ Y CAROLINA. ESTE ES MI NUEVO LEGADO A CREAR RELACIONES DE FAMILIA EXITOSA.
POR SI NO LO TIENES TODAVIA EL TITULO ES (EN BUSQUEDA DEL PADRE QUE AMO)
GRACIAS A TODOS
Florida’s median sales price for existing single-family homes last month was $237,500; a year ago, it was $250,400 for a 5 percent decrease. The median is the midpoint; half the homes sold for more, half for less. In July 2002, the statewide median sales price for single-family homes was $141,700, for an increase of 67.6 percent over the five-year-period, according to FAR records.
In June 2007, the national median sales price for existing single-family homes was $230,300, up 0.1 percent from the previous year, according to the National Association of Realtors® (NAR). In California, the statewide median resales price was $594,260 in June; in Massachusetts, it was $364,000; in Maryland, it was $325,427; and in New York, it was $250,000.
NAR’s latest market outlook calls for existing home sales to gain momentum by the end of the year, with broader improvement in sales activity in 2008. “Existing-home sales should be relatively stable over the next few months, holding in a modest range, with some pent-up demand growing from buyers who’ve been on the sidelines,” says NAR Senior Economist Lawrence Yun. While noting that sales could be temporarily affected by recent mortgage industry disruptions, Yun added that the “fundamental momentum clearly suggests stabilizing price trends in many local markets.”
Sales of existing condominiums in Florida also decreased last month, with a total of 3,610 condos sold statewide compared to 4,449 in July 2006 for a 19 percent decline, according to FAR. The statewide median sales price for condos last month was $193,900, down 7 percent from July 2006’s condo median price of $209,100. NAR reported the national median existing condo price was $228,900 in June 2007.
Last month, interest rates for a 30-year fixed-rate mortgage averaged 6.70 percent, according to Freddie Mac, which was lower than the average rate of 6.76 percent in July 2006. FAR’s sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.
Among the state’s larger markets, the Fort Lauderdale Metropolitan Statistical Area (MSA) reported 559 existing homes sold last month compared to 721 homes sold a year ago for a 22 percent decrease. The market's median sales price for homes was $373,700; it was $380,400 in July 2006 for a 2 percent decrease. A total of 562 existing condos changed hands in the MSA last month, down 19 percent from the 696 condos sold the previous year. The existing condo median sales price in July was $187,200; a year ago, it was $209,100 for a 10 percent decrease.
“We’re getting the word out that this is a great time to buy a home in the Fort Lauderdale area,” says Christine Hansen, president of the Realtor Association of Greater Fort Lauderdale and broker-owner of Century 21 Hansen Realty Inc. “It’s taken some time for buyers and sellers to adjust to the changing market, and now we’re seeing more interest and more offers. Fort Lauderdale is still a wonderful place to live, with beautiful beaches, diverse businesses and great job opportunities.”
Among the state’s smaller markets, the Fort Pierce-Port St. Lucie MSA reported a total of 371 homes sold in July compared to 400 homes a year ago for a 7 percent decrease. The existing home median sales price was $231,300; a year ago, it was $259,000 for an 11 percent decrease. A total of 48 existing condos sold in the MSA last month compared to 59 condos the previous July for a 19 percent decrease. The market’s existing condo median price was $166,700; a year ago, it was $188,300 for a decrease of 11 percent.
Sheri Wetzel, president of the Realtors Association of St. Lucie and broker with RE/MAX Midway, says that home sales are returning to a sustainable pace in the Fort Pierce-Port St. Lucie area. “This is a growing area in a convenient location for travel around the state,” she says. “We have a beautiful coastline, and we’re gaining new industry and businesses. Mortgage rates are still very favorable and buyers have more options right now. For most people, buying a house is a long-term investment in a place to call home for themselves and their families. It’s a decision that deserves time, attention and the expertise of a Realtor.”
© 2007 FLORIDA ASSOCIATION OF REALTORS
