florida: Just another tough day in paradise
- 06/13/08 02:05 PM
Playing around with posting pictures in the blog for the first time. Okay, so this wasn’t today. We took a few days off and drove about an hour south to the ever-exotic Boca Grande, where we did … nothing. Well, we did look at some fine real estate. A beautiful place but not cheap! Outside those fine homes: some of the nicest boats I’ve ever seen.
And we spent some time sitting on a sandbar, sipping bubbly water. That’s our boat in the first photo, a Simmons Sea Skiff 20, for those boat nuts out there.
Okay, enough … (4 comments)
florida: M-I-D-E-A-L: "M is for Motivated (sellers, that is)
- 06/08/08 02:06 PM
Just to recap, the old mnemonic I-D-E-A-L spells out the 5 reasons why real estate is a great investment, and we covered each of them briefly in the previous blogs. We also added M for Motivated (sellers, that is), as a sixth reason real estate makes a dandy investment vehicle, making the full mnemonic M-I-D-E-A-L. (Thanks to Andy Tolbert for this ... who is that? Google her.) So let's talk about those Motivated Sellers and that will wrap up this topic. A few blogs back, we talked about foreclosure rates in Florida and Sarasota. They are high, and that means a few things for investors. … (0 comments)
florida: Some quick foreclosure stats
- 06/05/08 04:14 AM
One way to track foreclosures is in number of new foreclosures filed, but that can be misleading. A really huge county with a lot of homes will of course have a larger number of foreclosures, but that isn't a fair comparison next to, say, a smaller county that had fewer homes to begin with. So we use the number of foreclosure filings as a percentage of total homes in the area. For example, for the first four months of 2008, Florida had a rate 2.56%. That put us #3 in the nation, by the way, behind Arizona at #2 and Nevada at … (0 comments)
Playing around with posting pictures in the blog for the first time.;)
;)
