south florida: Florida Mortgage & Real Estate | Developers heading In and Out - 11/23/07 12:41 PM
While the real estate market is definitely in a bad place in Florida, many big, national banks and big, national builders are feeling the pinch.... some are even hitting the bricks - figuratively speaking.
With announcements that Hollywood Florida based TOUSA and Fort Lauderdale Florida based Levitt & Sons are filing bankruptsy, and that Levitt ceased all construction due to massive debt... it would seem that we've seen the end of development in Florida until we absorb what we already have... but that may not necessarily be so!
<!--more--> Now that some of the big boys are hurting, a new breed of … (3 comments)
|
south florida: Boca Raton Florida Mortgage | Date Night @ Abe and Louie's Steak and Seafood - 07/18/07 09:06 PM
Sometimes while living in vacation and resort towns it is hard to find a great place for Date Night... you know, one of those places where adults are loud and kids are torturing the babysitter instead. Boca Raton, Florida has a new Date Night location extraordinaire... the great steakhouse Abe and Louie's.
Rated "Best Steakhouse and Wine List 2005" by Boston Magazine and "The Best Cow in Boston" Zagat Survey 2002 now has a location near Town Center Mall in central Boca Raton, Florida.
On your date night, consider the mouthwatering selections
Bone-in Filet with a portabello demi-glace Iceberg wedge with applewood smoked bacon and blue cheese dressing. … (1 comments)
|
south florida: Florida Mortgage Loans | Equity Line for Hurricane Preparedness - 07/16/07 05:28 PM
Hurricane Season is upon us once again in South Florida. People are checking their rations, stocking up on bottles of water, vital medicines and cans of tuna, buying batteries by the case and trying to meet the Hurricane VIP - the neighborhood roofer! All the while they are forgetting to have ready CASH in an emergency - cash that could come from a Home Equity Line of Credit (aka HELOC).
The HELOC is a life preserver when there is a sea of people out there all clamoring to get their home repairs done. Having ready access to cash is essential to quick repairs. Many contractors will … (12 comments)
|
south florida: Boca Raton Florida Mortgage | It is getting really Così in South Florida! - 07/16/07 03:32 PM
A funny thing happened on the way to the forum...Federated Department Stores has inked a deal with Così to add their Coffee and Bread cafes to Macy's stores. (click here for a menu)
There are already three of these new concepts located in South Florida Macy's Stores in The Aventura Mall in Aventura, Florida, The Falls Mall in Miami, Florida, The Fashion Mall in Plantation, Florida, and Dadeland Mall in Miami, Florida. The Aventura Mall location has two Così spots...a kiosk in the kitchenware area on the second level and a cafe on the first level.
The addition of Così to Macy's is an obvious move … (4 comments)
|
south florida: Florida Property Tax Update - The Compromise is Near!! - 05/11/07 09:46 PM
After some interesting phone calls from people wanting to know more and learn my opinion about what's going on in Florida Taxes, and some people who didn't get what I was saying, here's some more breaking News from the SunSentinel.com regarding the Florida Property Tax:
House Speaker unveils new approach to property tax relief that could halve bill
This afternoon Florida House Speaker Marco Rubio R-Miami announced that there was a compromise on the table during a special joint session of the Florida House and Senate including the attendance of Governor Charlie Crist.
Mr. Rubio outlined his plan in an Op-Ed piece published in today's … (12 comments)
|
south florida: Florida Property Tax Update - How the Retiree Community may get helped and hurt - 04/21/07 11:53 AM
Florida has long had a reputation for Shuffleboard and the Early Bird Special to contrast the month of March when the state is riddled with High School and College Co-ed Debauchery, namely Spring Break.
The State has grown up a lot in the past 50 odd years though... and growing pains have left us where we are now - in the middle of a huge tax dilemma.
One demographic that has been brought to the forefront of this debate is that retirement community that the State may be neglecting in their planning as thus far nothing in the news has touched on how … (8 comments)
|
south florida: Florida Property Tax Update - HOUSE BILL REJECTED! - 04/20/07 11:07 AM
Breaking News from the SunSentinel.com regarding the Florida Property Tax: This didn't take long at all. Instead of waiting until this morning to make a resolution on the Florida House's property tax reform bills, the Senate rejected them all yesterday morning as their first order of business!
I guess the State Senate read my post yesterday about how I felt the House did not understand the "Time is of the Essense" clause of Real Estate!
The Florida State Senate has decided that perhaps the House plan is a little too radical and offsets the property tax with too high a state sales tax.
So the Senate's bill would work … (3 comments)
|
south florida: Affordable Housing Initiatives in South Florida: Part 7 - A Web of Inception ... - 03/27/07 09:54 AM
I don't like doing the cut and paste thing... but I don't want to rewrite this information and claim it as my own either.
I found this site through some heavy duty searching for affordable programs. Most of these programs do require specific purchase prices, sometimes particular communities or developmental areas and a few require specific lenders - most you can choose to use me!
Anyway, this is fairly comprehensive on the VERY affordable housing area.
> More Florida Mortgage and Real Estate News You Can Use FromDavid A. Podgursky, MBAThe Mortgage Go To GuyYour Source for Residential, Commercial, Investment and Relocation Mortgages in … (3 comments)
|
south florida: Warehouse Condos... a Hot Market in South Florida Real Estate - 03/23/07 10:17 PM
Yesterday's Palm Beach Post had an article on a "Sizzling Hot Market" in Palm Beach County, Florida... WAREHOUSE CONDOS...
These units are great as conversion opportunities and for small business growth. Think about it... a big concrete box that you can do anything from store cars to manufacture screen enclosures to tint car windows. They're ultra versatile and have a huge market.
Small businesses like these units because they can pretty much convert their space into about anything they like. If they need a little office and a lot of work room or storage, they can build-out a small office. If they … (6 comments)
|
south florida: Mortgages and Aging... An Epic struggle: Introduction - 03/23/07 02:31 PM
Wayne Pruner's blog this morning uncovered an ugly truth in credit and real estate. Our 55+ community in this country is poorly educated and led even more improperly in their mortgage and real estate lives. Many of them survive well past their planning and run out of money causing hardship on friends and family. They don't get to live their golden years living the life that they are accustomed to nor in the manner which they deserve.
I really believe this topic needs more coverage... especially here in Florida where the retirement population is so large. It is estimated that there are … (2 comments)
|
south florida: Florida Property Tax Update - Several New Ideas! - 03/09/07 11:27 AM
The news yesterday and today shows the heat is rising in the debate over how to "fix" Florida's property tax problems.
In short, the middle class is being choked out of Florida property. The reason is because there is no state income tax so there is a higher property tax. The Middle class is the upwardly mobile group that is upgrading from starter homes at 3bedrooms 2bathrooms to the family home at 5bedrooms 3 bathrooms... That jump in property NEEDS creates a new price point at which they can be taxed.
The method I've become comfortable with using to calculate property tax on … (6 comments)
|
south florida: Florida Mortgage Loans | Second Homes, What are they?? - 03/07/07 03:23 PM
What makes a Second home a 2nd Home?That it came in 2nd Chronologically in the purchasing order?Well... semantically YES... technically NOThat it isn't where you live??Well... technically YES ... Semantically NOSo we're fighting Technicalities and Semantics now, eh?Why do I ask these tough questions?? Because - we Real Estate Professionals in South Florida are surrounded by Second Homes and sometimes the people that own them! Why sometimes? Well... they're called Seasonal because they're here for "Season"... Get it?
No?? People have different measures of season depending on the demographic... suffice it to say, Season here in South Florida is roughly September to … (3 comments)
|
south florida: South Florida Second Homes: MARKET STINKS?!? BAH!! - The Case for the STRENGTH of the 2nd Home Market in South Florida - 03/05/07 11:39 AM
For those of you that don't know me... sometimes before I go to bed, I will take my trusty HP iPaq hx4705 to bed with me and read the local news. I have several sections I read so that I stay up on my local goings-on. I read both the Sun-Sentinel and the Palm Beach Post.
The Sentinel is a better all around paper but the Post covers news in the county where I live city by city which has its pluses...
The articles that I tend to be drawn to are great fodder for blogging - REAL ESTATE CONDITIONS.
Last night I … (0 comments)
|
south florida: Affordable Housing Initiatives in South Florida: Part 2 - Precontruction - 02/14/07 09:43 AM
AFFORDABLE HOUSING?? - Section 2: Preconstruction
Part 1 is here.
So in November, an acquaintance of mine left me a voicemail that she had a "Hot Hot Hot" lead for me...her sister. I was flattered and called her back. She said she was in the middle of meetings so she'd be brief. There was a new community about to be announced in Boynton Beach, Florida that was affordable housing. It was going to start in the low $300's... I let out a little chuckle when she said that number. Her sister was going to get in line for reservations and she wanted me … (10 comments)
|
south florida: Florida Commercial Real Estate: Redevelopment of Industrial Zoned Land in South Florida - 02/10/07 10:50 PM
Who loses most when city planners rezone commercial land in order to make room for more housing? Is it the right of a citizen who moves into an area rich in industrial zoning to complain about trucks and businesses or is this a buyer beware issue?
In Boynton Beach, Florida there is a controversy brewing about the fate of the last vestiges of Industrially Zoned land. Currently, the city planners and county commissioners are investigating an option to rezone some of it and rededicate it for residential development. The Industrial area in question lies just East of I-95 in an area of … (5 comments)
|
south florida: Affordable Housing Initiatives in South Florida??? - 02/06/07 09:07 AM
This is my first official post so I will proceed with more of a question than an article... more of food for debate!
I just closed an amazing loan for a client referred to me by a Realtor I have been helping get started. It was a tough one with minimal income and ok but marginal credit. I used a Neighborhood program and got him in with a great rate etc... it is a great first-time homebuyer/affordable housing story that I'm sure to tell many times over... it got me thinking about affordable housing and the people I've worked with. I had … (4 comments)
|
;)
;)
