Golf and South Florida Real Estate

By
Real Estate Agent with Illustrated Properties

I received a reply last week about short sales. This realtor thinks that when the short sale inventory declines the market will get better. The market will get better when these short sale properties become forclousers. Very few short sale offers are being sold and the process takes forever. When the lender gets the property back there will be a big incentive to get rid of it. That is when these properties will help the market. Business is continuing to get better in spite of The Palm Beach Post, $4.00 a gallon gas, a do nothing Congress that refuses to allow oil drilling where the oil is, and last but not least, the threat by our County Commission to raise property taxes by the amount cut by the Legislators and the voters January 1st. At least the tax issue is something the Realtors can do something about. We are bombarding the Commission in mass to not do it because it will stop the increase in business we are experiencing.

On a lighter note my golf team, PGA National beat Jupiter Country Club yesterday in our North Shore summer golf league. We now have 2 wins and a draw. I played with one of the members and as usual when he found out I was in Real Estate he became quite interested. He lives in a golf and waterfront community called Jonathans Landing. Illustrated Properties has an office right in there club house which has been quite successful over the years. 

The South Florida golfer will be going kayaking Down the Wakiva River north of Orlando this week end. This is a spring fed river winding through the woods. They only let 14 boats on at a time and I was lucky enough to get a spot. I will write about it next week.

Comments (1)

Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

Well, I guess we have seen the worst and it is uphill from now on. Of course there are still issues and it will take a long time, but we see a huge increase in buyers inquiries here in St. Petersburg.

Anne

 

Jun 19, 2008 12:58 AM