Homeowners Choose Synthetic Grass As Best Drought Tolerant Landscaping Says San Diego Expert

SAN DIEGO, Calif. - As the perennial discussion about Southern California's water shortage continues, homeowners in San Diego and surrounding areas are choosing synthetic grass as the most popular form of drought-tolerant landscaping according to San Diego artificial turf expert Scot Wozniak, President of San Diego Lawns, Inc.

A long-time synthetic grass installer in San Diego, Wozniak has helped hundreds of homeowners save water and money every month.

"We regularly sit down with homeowners and go through the numbers to find out what they will save on water and maintenance costs. Most are very surprised at how much they currently spend and are excited to find out they can cut that number significantly."

He says that most homeowners find that synthetic grass pays for itself within one to three years, but that can be greatly accelerated by taking advantage of occasional rebates offered by regional water departments.

"Getting rid of water-thirsty grass and replacing it with draught tolerant synthetic grass will qualify some homeowners for a rebate from their local agency, bringing down the cost of artificial turf installation."

Wozniak says that even if a homeowner doesn't qualify for the rebate, the money saved on projected water and maintenance costs often makes the investment worthwhile.

"Even owners who do their own lawn maintenance benefit from converting to artificial turf, because they will save on lawnmower fuel and maintenance, and avoid the inconvenience of having to mow the lawn every week."

About San Diego Lawns, Inc.

Scot Wozniak of San Diego Lawns, Inc. has been installing synthetic lawns in the San Diego area for years with an impressive record of customer satisfaction. He provides free cost estimates and cost savings projects based on reduced water usage and lawn maintenance costs. San Diego Lawns, Inc. serves the entire San Diego metro area, including Chula Vista, La Mesa, El Cajon, Del Cerro, Del Mar, La Jolla, Solana Beach, Encinitas, Escondido, Poway, Scripps Ranch, Rancho Sante Fe, Coronado, National City, Bonita, Imperial Beach, Pacific Beach, Ocean Beach, Point Loma Leucadia, Oceanside, and Spring Valley.

Scot Wozniak
President
San Diego Lawns, Inc.
1035 Surrey Dr
Bonita CA 91902
619-495-0722
http://www.sandiegolawns.com/
scot@sdlawns.com

http://twitter.com/#!/san_diego_turf http://www.sandiegolawns.com/ http://www.sandiegolawns.com/natural-vs-artificial-grass/ http://www.sandiegolawns.com/products/synthetic-lawns/

Spring Real Estate Market Increases Investor Interest In Mountain View Property Management Services

MOUNTAIN VIEW, Calif. - As the spring real estate market continues to boost certain types of home sales, investor interest has increased in Mountain View rentals and other Bay Area cities, according to professional property manager Jerry Garrity of First Statewide Realty.

Garrity, who has shepherded the portfolios of his high-end real estate investor clients through five recessions since the late 80's, says that trends in sales come and go, but good investors learn how to make a good return even in tough markets.

"The difference between amateur investors and those with more experience is that the experienced ones learn how to grow their portfolio's value in virtually any market. One way they do that is by making sure their portfolio is managed professionally."

He says that good property management in Mountain View or anywhere else doesn't cost the investor, it add value to any portfolio.

Gayle Sabin, one of First Statewide Realty's senior property managers, agrees, saying that a common mistake of amateur investors is thinking that they can save a lot of money by managing the property themselves. She says in most cases, they end up costing themselves a lot more money and spending a lot more time involved in the day-to-day hassles of property management than they ever expected.

"Studies have shown that over the long term, portfolios managed by a professional property manager provide far greater returns than self managed properties. That's both in terms of monthly cash flow and overall portfolio value."

About First Statewide Realty

Jerry Garrity's First Statewide Realty is a seasoned expert in property management whose expertise has been featured in the Wall Street Journal and other publications. His Silicon Valley property management company specializes in managing single family homes, condominiums, townhouses and other investment property. Services are provided for all of Silicon Valley, including San Jose, Sunnyvale, Santa Clara, Campbell, Mountain View, Los Altos, Saratoga, San Jose rentals, and Los Gatos.

The firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.

Jerry Garrity
First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982
Email: investments@firststatewiderealty.com
Website: http://www.firststatewiderealty.com

Albuquerque Real Estate Agent Sees Foreclosures and Bank Owned Homes Dominating 2012 Market

ALBUQUERQUE, NM - Bank owned homes will dominate the 2012 real estate market according to Albuquerque REALTOR® Joe Maez of Keller Williams Realty Westside.

Maez says that Albuquerque foreclosures are still driving the market due to problems in the banking system getting bank owned properties through the foreclosure process and into the market. As a result, he says the Albuquerque real estate market will continue to be affected by the flow of bank owned homes.

"Banks have battled a number of legal challenges, but the foreclosure inventory continues to impact the local market in a big way."

Maez says that while buyers are getting some amazing deals right now, sellers are also seeing an uptick in price and buyer interest.

"It's definitely a win-win for buyers and sellers in the New Mexico real estate market right now."

He says another factor in the market that is making buyers take notice is the extremely low but rising interest rates.

"We have never before seen the national average for interest rates below 4% like this. Low rates in combination with low prices is a gift for home buyers right now."

According to Maez, the powerful combination of low rates and low prices due to the large number of bank owned homes has spurred investor buying as well.

"Investors are the ones to watch. When we see investors coming into the market like we do now to pick up Albuquerque homes for sale from the banks, our experience has shown that it's a great time to buy."

About Joe Maez REALTOR®

Joe Maez is a proven real estate professional who knows how to do things right. Every day he is out there working to make the home-buying or -selling process easier for his clients. Regardless of which way the market has gone, Maez's sales have gone up every year. He says, “If you really do a good job, you’ll always have clients,” and his track record proves it.

Joe, who has personally sold more than 500 homes in Rio Rancho and Albuquerque, has unique and extensive knowledge of the local markets. He works regularly in the Albuquerque New Mexico market, covering Rio Rancho, Corrales Real Estate, and Los Lunas.

For more information, contact:

Joe Maez REALTOR®
Keller Williams Realty Westside
8100 Wyoming Blvd NE
M4 #234
Albuquerque, NM 87113
505-401-5775
joemaez@gmail.com

Recession Fears in Europe Leads US Investors To Flight To Quality Says Bay Area Property Manager

CUPERTINO, Calif. - News of weakness in the European economy and a U.K. double dip recession has caused U.S. investors to flee to quality in their investment decisions, according to Bay Area property manager Jerry Garry of First Statewide Realty.

Garrity, whose property management firm in Cupertino has served real estate investor clients in the Bay Area through five past recessions, says that historically good prices and low interest rates have brought investors into the market in a big way.

"I call it a flight to quality. When a bubble bursts, as it did in 2006 and 2007, the masses run away from it. As the bubble recedes, the serious investors with narrow criteria for choosing quality investments start coming in to pick up the pieces."

That's what he says is happening right now, as the more savvy professionals in the business seek out the best deals with the best cash flow.

According to Greg Garrity, one of First Statewide Realty's property managers, the firm's clients are always careful to select only quality deals, and to protect their investments with experienced property management services.

"Our clients are among some of the most successful residential real estate investors in the state, and they know that property management, especially in a recession, is a necessity. Good management doesn't cost money. Good property management adds value, increasing cash flow over the long term."

About First Statewide Realty

Jerry Garrity's First Statewide Realty is a seasoned expert in property management whose expertise has been featured in the Wall Street Journal and other publications. His Silicon Valley property management company specializes in managing single family homes, condominiums, townhouses and other investment property. Services are provided for all of Silicon Valley, including San Jose, Sunnyvale, Santa Clara, Campbell, Mountain View, Los Altos, Saratoga, Cupertino rentals, and Los Gatos.

The firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.

Jerry Garrity
First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982
Email: investments@firststatewiderealty.com
Website: http://www.firststatewiderealty.com

 

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Florida REALTOR® Sean Farrer Says 2012 Tourism Boosting Key West Real Estate Market

KEY WEST, Fla. - Tourism will be the key to boosting the 2012 Key West Florida real estate market according to local REALTOR® Sean Farrer.

Farrer, who adopted the so-called Conch Republic as his hometown after moving to the relaxed community from native South Africa, says he did like many others continue to do every year: he fell in love with Key West while on holiday.

"Florida tourism is clearly a driving factor, not only in the economy, but the Key West real estate market, because people come here from all over the world to experience the fun, relaxation, and beautiful beaches of Key West."

Farrer says going to Old Town Key West on vacation or as a stop on a cruise just whets the appetite for the Florida Keys' trademark relaxed island lifestyle.

"A few days or a week is just not enough for many people. Those who choose to live their dream of relocating to Key West soon become buyers in the Key West real estate market."

He says his familiarity with all the Key West neighborhoods has helped many clients achieve a dream they may have started out thinking was impossible to achieve. But he attributes his success in working with clients moving from a long distance to his customer-service driven work ethic and friendly personality.

"I really enjoy taking people to the hot spots on Key West as well as the hidden gems most tourists don't know about. As a resident, I'm passionate about where I live, so I look forward to handing a lot of keys to tourists-turned-homeowners in 2012."

About Sean Farrer

Sean Farrer is an expert in the Key West real estate market, covering Key West foreclosures, Old Town Key West, Key Haven, Stock Island, Boca Chica Key Homes, Big Coppitt Key Homes, Bay Point, Sugarloaf Key, Cudjoe Key, Ramrod Key, Summerland Key, Little Torch Key and Big Pine Key.

Originally from South Africa, Farrer moved to the Florida Keys over 13 years ago. He enjoys helping folks who are looking for a dream home and an island lifestyle to find both in the beautiful Key West area. With previous careers in management and IT services, he is very organized with a dedication to customer service that shows in his work with Key West real estate buyers and sellers.

A buyer's time spent with Sean looking for Key West homes will be fun and productive, and he provides a wealth of insight on the best neighborhoods for price and lifestyle, regardless of age or income bracket. Farrer is an expert at helping out of town visitors buy a second home in Key West.

Sean Farrer
1201 #101 White St
Key West, FL 33040
305-924-0700
http://key-west-real-estate.net
keysrealestate@bellsouth.net

First Statewide Realty Releases List of Common Myths About Self-Managing Rental Properties

SAN JOSE, Calif. - First Statewide Realty property managers have released a list of common myths owners often believe about self-managing their rental properties. The list of myths, compiled from years of experience in the San Jose area property management business, can help save potential amateur investors the cost and frustration of trying to manage investment properties without the proper experience.

According to Jerry Garrity, owner of First Statewide Realty, the top 3 myths about self-managing investment properties are:

Myth #1: Self-managing investment properties saves money. In fact, numerous studies have shown that professionally managed properties return higher and more consistent cash flow.

Myth #2: Managing investment properties is an evening and weekends only job. In fact, managing rental properties is a full time job, and renters frequently require the attention of a property manager around the clock.

Myth #3: The private homeowner can find tenants just as easily as a property management firm. To the contrary, property managers often have waiting lists of renters and know how to screen for the best ones. This is key to keeping the rental occupied as much as possible.

Natalie McNany, a San Jose Property Manager with First Statewide Realty, says "While managing your own investment property may seem free, it's certainly not hassle-free. The fact is, not having a professional do it almost always ends up costing owners and investors a lot more money in the long term."

Property Manager Greg Garrity agrees. He says that most homeowners do not have the time to manage their own investment properties well.

"Between work, family and other responsibilities, the self-managed approach to property management usually ends badly with lost income and frustrated owners and renters alike."

He says that professionals who work full time managing properties and developing positive relationships with renters are much more effective at retaining good tenants and keeping costs down.

Gayle Sabin, another of First Statewide Realty's full time Property Managers, agrees.

"Because this is a full-time job for me, I am able to spend the time to build relationships with our clients and tenants. I know the properties, clients' styles and tenants' idiosyncrasies. I can anticipate problems and how to resolve them quickly and efficiently."

As a result, Sabin says she's been able to dramatically improve the bottom line for her clients' real estate portfolios.

"Cash flow is king in this business. While homeowners can always self-manage their properties in an attempt to save money, the data show that more often than not, self-management hurts cash flow."

Jerry Garrity says that his firm offers a free cash flow analysis to prospective clients to find out what their investment can return when managed by professionals.

"We encourage owners who have tried to go it alone to give us a call. We're a friendly group of professionals and love to help our clients make money."

About First Statewide Realty

Jerry Garrity's First Statewide Realty is a seasoned expert in property management whose expertise has been featured in the Wall Street Journal and other publications. His Silicon Valley property management company specializes in managing single family homes, condominiums, townhouses and other investment property. Services are provided for all of Silicon Valley, including San Jose, Sunnyvale, Santa Clara, Campbell, Mountain View, Los Altos, Cupertino, Saratoga rentals, and Los Gatos.

The firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.

Jerry Garrity
First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982
Email: investments@firststatewiderealty.com
Website: http://www.firststatewiderealty.com

Orlando Foreclosure Inventory Pressures Prices for Sellers But Creates Buying Opportunities

Orlando, FL - The flow of Orlando Florida bank owned property coming on the market continues to pressure prices, but still creates buying opportunities for investors and other buyers, says Orlando real estate agent Jonathan de Jesus of Dominium Realty Group.

"Orlando short sales and foreclosures continue to have a major impact on the market here as with every other part of the country, but the silver lining in the story is that buyers can get exceptional deals on these listings."

He says the deals are not limited to Orlando foreclosures and short sales, because other sellers have to compete with the prices in the distressed property side of the market.

"I've had clients find the home of their dreams for far less money than they ever thought possible, simply because prices are so attractive right now. Those who can buy real estate now may end up the winners once all the economic uncertainty is gone."

At some point, de Jesus is convinced the market will recover to pre-crash levels again. Until then, he believes those who can take advantage of the buying opportunities now are the wise ones.

"We may not see an Orlando FL real estate market this attractively priced for another generation."

About Dominium Realty

Dominium Realty Group is a leader in residential real estate brokerage services in Floridawith expertise helping U.S. and international clients navigate the Orlando real estate market. Through its experienced team of real estate professionals and their commitment to exceed their clients’ expectations, Dominium is able to confidently deliver solutions to meet the needs of any real estate client.

Included in the company's extensive array of specialized offerings are Dominium's expert property management services. With licensed specialists working close with investors, clients get the most effective property management possible for their real estate portfolios. Dominium agents are experts in the Orando market, including Downtown Orlando homes, Windermere Homes, Dr. Phillips, Maitland, Winter Park, Lake Mary, Baldwin Park, Metro West, Longwood, South Orlando, Kissimmee, Winter Springs, Oviedo, Lake Nona, Waterford Lakes, Altamonte Springs, Mount Dora, Sanford, Apopka, Winter Garden, and Ocoee.

For more information, please contact:

Jonathan De Jesus
Dominium Realty Group
6236 Kingspointe Parkway #10
Orlando, Fl 32819
407-588-7828
http://www.florida-real-estate.pro/
jonathan@dominiumrealtygroup.com

 

Boston Real Estate Team MassMLSHomes.com Launches Website With Complete And Fresh Listing Data

BOSTON, Mass. - Boston MA real estate team MassMLSHomes.com has launched a new website with unusually complete and fresh listing data, says team leader Abe Hantout, REALTOR®.

"We provide a real estate lead generation platform that provides prospective clients to real estate agents from different agencies by syndicating their information and by showcasing their expertise in their own towns or areas of operation," Hantout says.

An expert in the Boston real estate market and Boston's many unique and historic neighborhoods, Hantout says www.MassMLSHomes.com is a complete and accurate site that provides updated listings to the general public looking to buy, to sell, or to simply browse the Real Estate market for information on home values.

He says that the new site is already a trusted resource for the most up to date listing information on Boston homes for sale and the surrounding areas, because the information is presented clearly, and is easily searchable. In addition, unlike many other real estate sites, users are not required to register in order to access the information.

"MassMLSHomes.com is an easy to use search engine for Boston homes, because the main areas where people want to buy homes are listed prominently on the front page. Additionally, users can browse the site without being contacted by anyone. Whenever they are ready to engage the services of an agent, they can just look at the agents’ credentials and select the agent they want to work with."

According to Hantout, home buyers can easily browse current listings with the confidence that they won't be wasting time looking at properties that are no longer on the market or have outdated pricing information, because the listing data is regularly updated from the MLS.

Furthermore, he says a benefit to buyers using MassMLSHomes.com is that they can register for an optional free account, and get email updates of new listings that match their saved search criteria, or they can save any home of interest in their account.

"This is a major time saver and can make the difference between a buyer settling on a home or getting their dream home. This is because soon after a seller enters their property in the MLS, buyers will get an email alert about it."

"With our team, we're all about making life easier for home buyers and sellers."

About MassMLSHomes.com

MassMLSHomes.com is a leader in delivering updated information for the Massachusetts real estate market by providing a syndicated platform with expert agents from different areas and assisting home buyers and sellers in matching them with the unique expert agent who serves the client’s area of interest. Each agent specializes in the various neighborhoods and suburbs of Boston, Massachusetts, including Andover, Cambridge, Brookline, Lexington, Needham, Newton, Wayland, Wellesley, Winchester, and other towns in Massachusetts.

For more information, please contact:

Abe Hantout, REALTOR®
MassMLSHomes.com
675 VFW Parkway, Suite 197
Chestnut Hill, MA 02467
617-953-0558
http://www.MassMLSHomes.com
info@massmlshomes.com

Real Estate Radio Network Announces Host L.A. Broker Toni Patillo on Clear Channel KTLK Saturday 3PM

LOS ANGELES, Calif. - Los Angeles REALTOR® and Broker of Record Toni Patillo of Keller Williams Santa Monica and Pacific Palisades Market Centers has accepted a position of leadership in the Community by hosting a weekly radio show for the Greater Los Angeles market. Toni will host the show with her colleague and co-host Jason Jerzewski, Director of Business Development and Marketing for Toni Patillo & Associates and LA City Short Sales.

The Show is entitled Call Toni Real Estate Radio and will air every Saturday on Clear Channel's Radio network, KTLK AM 1150 from 3pm to 4pm PST.

With her personal approach to real estate and her ability to energetically connect with clients and professionals discussing their unique buying, selling, mortgage-related questions, loss mitigation and pre-foreclosure challenges, Patillo's objective is to challenge, empower, inspire and educate people to take their lives to a higher more meaningful level and provide a balanced view of the current real estate and financial market and offer solutions to improve the quality of the listener's lives.

 

"Too many homeowners just see the headlines about the economy and choose to tune it out. Our show is about getting underneath the headlines and discussing the realities that home buyers and sellers are facing, delivering the balanced truth about the marketplace and giving tools for positive change."

She says that often, she's able to help callers with exciting new ideas for bettering their financial situation.

"The group-think we see in newspapers and television news about real estate is often completely wrong, and I enjoy helping people turn difficult situations into real opportunities."

Patillo's says her gift, and the raison d'être for her show, is reaching out to struggling homeowners and providing something there's not a lot of in the mainstream press: HOPE.

"Our listeners are a large cross section of people interested in real estate for many reasons. We have real estate investors who listen for investment ideas. Buyers listen for tips on getting good deals on bank owned properties and short sales. Owners sometimes listen to find out if short selling their home is right for them."

She says the bottom line is that her show offers timely tips for everyone.

"We truly have something to offer everyone associated with the real estate market."

About Toni Patillo

Ms. Patillo is the Broker of Record for the Keller Williams Santa Monica and Pacific Palisades Market Centers and is a member of the Beverly Hills Greater Los Angeles Board of Realtors, Southland Regional Association of Realtors, California Association of Realtors, Malibu Association of Realtors, San Diego Association of Realtors, and the National Association of Realtors. She is also the Principal and Broker of Record for LA City Short Sales, a Listing and Negotiations Company that is dedicated to assisting distressed property owners and LA City Probate a company specializing in standard and Short Sale probate sales.

Toni is a member of PartnersFirst, a Nationwide Real Estate Network that specializes in Pre-foreclosure. She has multiple certifications and designations in Loan Modifications, Pre-Foreclosures, REO's (Bank-Owned Properties), and Short Sales.

At the KW Market Centers, she oversees the sales production of over 250 sales agents. Toni has consistently achieved the top 3% of all Sales Professionals within both the Prudential and Keller Williams, real estate networks nationally. Her specialty is listing residential housing with a strong focus on distressed properties. Toni is a recipient of the 2011 Quadruple Gold International Medallion Award and has been named Millionaire Systems Innovator of the Year for the masterful implementation of her Short Sale business model.

Toni Patillo always ranks at the top of her profession, earning the respect and recognition of her clients and peers as a true professional. But due to her caring nature and commitment to excellence, she has always made it a priority to help people along the way through personal attention and consistent follow-through.

For more information, please contact:

Toni Patillo, CLMS, CSSS, CREOS
Toni Patillo & Associates
L.A. City Short Sales
L.A. City Probates
2701 Ocean Park Blvd, #140
Santa Monica, CA 90405
310-482-2035
http://calltoni.com
http://123breakeven.com
http://lacityshortsales.com
http://tonipatillo.com

 

Lee and Associates Closes $9 Million Industrial Sale Near Santa Barbara Waterfront

SANTA BARBARA, Calif. - Lee & Associates, one of the nation's leading commercial real estate providers with regional and local expertise, has closed a $9 million sale transaction for a 47,411-square-foot industrial property located at 25 E. Mason Street in Santa Barbara, Calif. At $190 per-square-foot, the building is less than a quarter mile from the city's pristine waterfront.

Locally known as the "Funk Zone" for its make-up of primarily industrial properties, this area of Santa Barbara has recently attracted a mix of artists, galleries, wine tasting rooms and locally-owned shops to open storefronts. In turn this has drawn tourists to the lower end of State Street, which connects the city's bustling retail corridor to the beautiful waterfront.

"This section of State Street has been struggling for several years," said Stephen Leider, Managing Principal of Lee & Associates – Central Coast. "The Mason Street sale will be an integral part of the area's ongoing revitalization."

The three-story building at 25 E. Mason Street has roof access with ocean views. The existing tenant, Brooks Institute of Photography, a well-known and prominent film, graphic design and photography school, currently occupies two-thirds of the building.

Clarice Clarke and Stephen Leider, both Principals in the Central Coast office represented the buyer, East Mason SB, LLC., and the sellers, Rossi Trading Company, LLC. and Scanlin Family Trust, in the transaction.

About Lee & Associates

Celebrating more than 33 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 45 locations across the nation including Arizona, California, Florida, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, New York, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

About Press Release Distribution

This release is distributed in part by Press Release Distribution Associates, specializing in real estate press releases. For information on property management check out property management in Cupertino.

Cupertino Property Management Firm Says Low Vacancy Rates Increasing 2012 Investor Demand

CUPERTINO, Calif. - Cupertino property manager Jerry Garrity of First Statewide Realty sees continued low vacancy rates in the Silicon Valley boosting investor demand in the region's real estate market.

Garrity, whose Cupertino property management firm has helped real estate investors' portfolios survive and grow through three decades and five recessions, says the rental market is expected to stay strong through 2012, because there are still more backlogged foreclosures coming on the market from banks.

"Now that the big banks have made a deal with the Justice Department on how to resolve backlogged foreclosures, there will be more owners forced into the Cupertino rentals market."

As a result, Garrity says investors have been taking up the slack by purchasing bank owned properties at low prices in a record-low interest rate environment.

"This is a market where I look around and see opportunities. The savvy investor who understands the value of having a professionally managed real estate portfolio can really grow their wealth during times like this."

He says the mistake most inexperienced investors make is thinking they can save money by self-managing their rental property.

"Property management services actually protect the investment, and over time, can increase its total cash flow, because we are experts in efficiency. From screening renters to maintaining the property, we take seriously our job of helping our clients maintain positive cash flow through the lifetime of their investment, even during recessions."

About First Statewide Realty

Jerry Garrity's First Statewide Realty is a seasoned expert in property management whose expertise has been featured in the Wall Street Journal and other publications. His Cupertino property management company specializes in managing single family homes, condominiums, townhouses and other investment property. Services are provided for all of Silicon Valley, including San Jose, Sunnyvale, Santa Clara, Campbell, Mountain View, Los Altos, Cupertino, Saratoga, and Los Gatos.

The firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.

Jerry Garrity
First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982
Email: investments@firststatewiderealty.com
Website: http://www.firststatewiderealty.com

 

Real Estate Agent Technology Provider and Training Company Praxius Showcases Boston Real Estate Site

BOSTON, Mass. - Real estate agent technology services provider and web marketing training company Praxius Technology is showcasing its real estate marketing services in the Boston area with its Boston-focused website, http://BostonMARealEstate.com.

The site, which includes an easy to use MLS search engine for homebuyers to find current Boston real estate listings, has over 16,000 pages indexed on Google to date, including pages with constantly updated listings for Allston, Back Bay, Brighton, Charlestown, Dorchester, Hyde Park, Jamaica Plain, Mattapan, Roslindale, Roxbury and West Roxbury.

Fred Doleac, President of Praxius, says the website features only fresh data on Boston area homes, unlike the big-name national websites.

"Home buyers that go to the heavily advertised national websites to search for real estate are usually disappointed by stale listing data. Many of the homes listed for sale on those sites have old prices or are already under offer."

He says it's much more productive to search on a local site that is updated directly from the MLS.

"When listing data on Boston homes for sale gets updated by agents, it is reflected within 24 hours on our site."

Doleac says that the site's timely information about Boston area homes means clients don't waste time researching listings that are no longer available.

"There's nothing more frustrating as a buyer than to spend time chasing homes that are not really available. BostonMARealEstate.com solves that problem.

About Praxius

Praxius Technology is a leading real estate technology company with core competency in real estate website development, lead generation, and RESPA compliant lender/agent collaboration. Praxius is a division of Virtual Homes Real Estate, an independent New England real estate company with agents in 4 states.

Schedule a Webinar

Contact Praxius

Fred Doleac
Broker/Owner
Virtual Homes
55 Ponemah Road
Amherst, NH 03031
603-732-1800 or 800-856-2479
603-732-1817 Direct
Fax toll free - 888-884-0543
fred.doleac@virtualhomes.com

 

Oregon REALTOR® David Somerville Says Beaverton Will Continue To Attract Portland Commuters To The Area

PORTLAND, Ore. - Portland REALTOR® David Somerville says the Beaverton suburb of Portland will continue to attract commuters in 2012 due to lifestyle and real estate values.

With Beaverton homes for sale currently ranging from $130,000 to $4.5 million, there are plenty of choices available for would-be Beaverton residents, and all within less than fiftenn minutes of Downtown Portland.

Somerville says the convenient access to Portland with Beaverton's location off of Highway 26 (Sunset Highway) is one of the features that appeals to so many buyers, but the wide variety of homes in every price range also helps.

"The Portland real estate market broadly includes several outlying communities such as Beaverton, and commuters especially love it. It's less than 8 miles from the center of Portland, and you can buy a lot of house for the money in Beaverton."

He says Beaverton real estate values are particularly plentiful in the $250,000 to $400,000 price range, with an abundance of bank owned homes on the market affecting inventory levels.

"Buyers can currently get a lot for their money in Hillsboro. In the Portland MLS right now, I can find 2700 s.f. homes under $250,000."

Somerville says there may never have been a better time to get into the market for Beaverton homes.

"With the job market in Portland relatively stable and interest rates extremely low, it's hard to think of a better opportunity for first time home buyers or anyone wanting to buy a home to check out what's available."

About David Somerville

David Somerville is a full time REALTOR® with an extensive knowledge of the entire Portland Oregon metro area. His knowledge of local neighborhoods proves valuable to Portland real estate buyers and sellers alike, whether they are in the Downtown area, or suburbs such as Hillsboro, West Linn, Beaverton, Tigard, and Lake Oswego real estate.

David Somerville
5 Centerpointe Dr. Suite 150
Lake Oswego, OR 97035
503-789-7633
http://www.maxwellsinclair.com
dave@maxwellsinclair.com

 

Lee and Associates Closes $12 Million Industrial Transaction

FOUNTAIN VALLEY, Calif. - Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $12 million sale consisting of two industrial buildings located at 11161 Slater and 17375 Mount Herrmann in Fountain Valley, Calif. With both properties totaling 113,857 square feet, the transaction amount is one of the largest in Orange County this year.

Senior Vice Presidents and Principals Pat Lacey and Jim Snyder of Lee Newport Beach represented the seller, PPII, LLC, a private real estate owner based in Orange County. The buyer and existing tenant in both buildings, Seven Pacific, represented itself.

Seven Pacific, which will continue to occupy the two large industrial buildings, uses the properties for mechanical engineering, design, manufacturing and vehicle integration.

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 45 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, New York, Nevada, South Carolina, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com

About Press Release Distribution

Distributed in part by Press Release Distribution Associates, specializing in real estate press releases. For information on 25 Greenwich Road Smithtown NY see Smithtown Real Estate.

Damaged Credit The Norm For Home Buyers Says Albuquerque NM Real Estate Agent Joe Maez

Albuquerque, NM - Less than perfect credit is the norm for home buyers rebuilding their lives in the aftermath of the mortgage credit crisis, according to Albuquerque REALTOR® Joe Maez.

Maez says that it's increasingly rare for buyers to come to him looking to buy their dream piece of Albuquerque real estate with perfect credit.

"Most buyers today have been scarred by the craziness that has gone on in the mortgage industry in recent years, and in some ways, it's the new normal."

He says he regularly sees buyers turning their finances around to be able to buy a home again after a short sale, foreclosure, or just a period of unemployment that led to negative credit profiles. Those who are buying homes, he says, are working hard to fix past money issues with better savings plans.

"I encourage my clients to start early correcting past credit report errors, and most of all, make every credit payment on time consistently. With some time and distance between past negative items and current ability to pay, most people will be able to buy a home again in no time."

Maez coaches buyers who want to qualify for a home loan to pay down any credit accounts to below at least 50% of the credit limit. He says this is a key ratio that lenders look at, along with other factors such as income and on-time payments.

He says even former short sellers can buy again in as little as two years, depending on circumstances.

"If you're looking for any type of Albuquerque real estate in the area, including Corrales, Los Lunas, or Rio Rancho real estate, please give me a call."

About Joe Maez REALTOR®

Joe Maez is a proven real estate professional who knows how to do things right. Every day he is out there working to make the home-buying or -selling process easier for his clients. Regardless of which way the market has gone, Maez's sales have gone up every year. He says, “If you really do a good job, you’ll always have clients,” and his track record proves it.

Joe, who has personally sold more than 500 homes in Rio Rancho and Albuquerque, has unique and extensive knowledge of the local markets. He works regularly in the Albuquerque New Mexico market, covering Rio Rancho, Corrales, and Los Lunas Real Estate.

For more information, contact:

Joe Maez REALTOR®
Keller Williams Realty Westside
8100 Wyoming Blvd NE
M4 #234
Albuquerque, NM 87113
505-401-5775
joemaez@gmail.com

Historically Low Interest Rates Means Portland Real Estate is More Affordable For First Time Buyers

PORTLAND, Ore. – Continued easing from the Federal Reserve is driving historically low interest rates for Portland OR real estate buyers says local REALTOR® David Somerville.

According to Somerville, the Fed's attempts to revitalize the economy with low interest rates should be seen as a gift for anyone wanting to buy a home right now, because low interest rates significantly lower the cost and risk of buying a home.

"I know from experience that some buyers won't decide to purchase Portland real estate until interest rates start to rise again. By that time, prices are likely to have already started to rise as well."

He says that means buyers who wait too long may get neither the lowest rates nor the lowest prices.

"I've never seen the national average for interest rates this low at only 3.85%. Someone who buys a $200,000 home can have a mortgage payment of less than $1000. You can buy a lot for $200,000!"

Somerville sees more first time homebuyers and investors entering the market for Portland homes for sale as a result of lower interest rates.

"This is a great time to get into a new home, in my opinion. No matter what the Fed does in the future, I think we'll look back on this period as a great opportunity for buyers."

About David Somerville

David Somerville is a full time REALTOR® with an extensive knowledge of the entire Portland Oregon metro area. His knowledge of local neighborhoods proves valuable to Portland real estate buyers and sellers alike, whether they are in the Downtown area, or suburbs such as Lake Oswego real estate, Hillsboro real estate, West Linn, Beaverton, and Tigard.

David Somerville
5 Centerpointe Dr. Suite 150
Lake Oswego, OR 97035
503-789-7633
http://www.maxwellsinclair.com
dave@maxwellsinclair.com

Key West Real Estate Market Report Issued By Local REALTOR® Sean Farrer

KEY WEST, Fla. - Key West, Florida real estate agent Sean Farrer issued a real estate market report for the area based on recent sold statistics and trends he has observed in the market.

Farrer says that sales in 2012 are already starting off well.

"With our peak season already here, last month saw a total of 48 Key West real estate properties sold. Those were comprised of 25 single family homes, 22 condos, and a commercial property."

He says that contingent and pending transactions for December 2011 totaled 121 transactions, with a total of 438 active listings.

"The number of listings on the market is slightly lower than it would normally be, due to a shortage of inventory in certain price levels of the Key West Real Estate market."

Farrer says that with interest rates remaining below 4% for a fixed 30 year mortgage, the Key West area is seeing more home buyers, with a lot of FHA loans since the 3.5% down makes the down payment more affordable to first time home buyers.

"Many folks from out of town are very surprised at how affordable it is to live in Key West. We have a lot of snow birds come here for their cold season back home because our comfortably warm climate, but a good many of them decide to stay year round once they get used to the relaxed island lifestyle."

About Sean Farrer

Sean Farrer is an expert in the local Key West real estate market, covering Key West, Old Town Key West, Key Haven, Stock Island, Boca Chica Key Homes, Big Coppitt Key Homes, Bay Point, Sugarloaf Key, Cudjoe Key, Ramrod Key, Summerland Key, Little Torch Key and Big Pine Key.

Originally from South Africa, Farrer moved to the Florida Keys over 13 years ago. He enjoys helping folks who are looking for a dream home and an island lifestyle to find both in the beautiful Key West area. With previous careers in management and IT services, he is very organized with a dedication to customer service that shows in his work with Key West real estate buyers and sellers.

A buyer's time spent with Sean looking for Key West homes will be fun and productive, and he provides a wealth of insight on the best neighborhoods for price and lifestyle, regardless of age or income bracket. Farrer is an expert at helping out of town visitors buy a second home in Key West.

Sean Farrer
1201 #101 White St
Key West, FL 33040
305-924-0700
http://key-west-real-estate.net

2012 Orlando Real Estate Market To Be Active Says Orlando Florida Real Estate Firm

Orlando, FL - While global financial markets continue to express uncertainty, one Florida real estate firm says the 2012 Orlando market is almost certain to be an active one.

Jonathan de Jesus of Dominium Realty Group specializes in Orlando real estate, and says that market in the upcoming year is bound to be busy for local agents.

"We are likely to see a steady flow of bank owned homes and Orlando foreclosures come on the market, and although that could continue to pressure prices for sellers, it will continue to present buying opportunities for buyers."

He says that Orlando short sales are likely to continue to be a popular way for sellers to get their home sold when they owe more than their house is worth. These will also provide good opportunities for buyers to get pre-foreclosure homes before they go offline to linger in bankers' files for months during the foreclosure process.

With new home construction likely to continue to be at a standstill, the existing Orlando area housing market is going to be the strongest real estate sales category in 2012.

"The nice benefit of buying in Orlando real estate market is that Disney World will always be a magnet for world tourism. This brings a certain amount of price stability that other markets just don't have."

"Of course, the warm weather year-round certainly doesn't hurt!"

About Dominium Realty

Dominium Realty Group is a leader in residential real estate brokerage services in Florida with expertise helping U.S. and international clients navigate the Orlando real estate market. Through its experienced team of real estate professionals and their commitment to exceed their clients’ expectations, Dominium is able to confidently deliver solutions to meet the needs of any real estate client.

Included in the company's extensive array of specialized offerings are Dominium's expert property management services. With licensed specialists working close with investors, clients get the most effective property management possible for their real estate portfolios. Dominium agents are experts in the Orando market, including Downtown Orlando homes, Windermere Homes, Dr. Phillips Real Estate, Maitland, Winter Park, Lake Mary Real Estate, Baldwin Park, Metro West, Longwood, South Orlando, Kissimmee, Winter Springs, Oviedo, Lake Nona, Waterford Lakes, Altamonte Springs, Mount Dora, Sanford, Apopka, Winter Garden, and Ocoee.

For more information, please contact:

Jonathan De Jesus
Dominium Realty Group
6236 Kingspointe Parkway #10
Orlando, Fl 32819
407-588-7828
http://www.florida-real-estate.pro

Cold Winter in Northern States Yields Hot Orlando Real Estate Market Says Agent Jonathan de Jesus

ORLANDO, Fla - The Orlando home market isn't nearly as cold as the weather up north according to Orlando real estate agent Jonathan de Jesus of Dominium Realty Group.

De Jesus says that although the National Association of REALTORS® (NAR) has adjusted the home sale statistics downward for the last five years, the market is not as bad as the headlines sometimes indicate.

"There are still plenty of homes being bought and sold, particularly in a market like here in Orlando where we have plenty of warm weather and international tourism to keep things interesting."

He says that part of what's keeping the Orlando real estate market hotter than other parts of the country is simply the year-round nice weather, but he says the proximity to Disney World is a big help.

"We definitely have an advantage here in Orlando, because Walt Disney World is a big attraction for tourists around the world. Many come here, fall in love with it, and immediately notice the real estate bargains available."

He says that the weak U.S. dollar in relation to the Euro helps as well, because it keeps the prices lower for international buyers.

"With the current exchange rates, European buyers can get as much as a 23% discount on Orlando property, even with the weakening Euro. In fact, a wise European investor may actually protect their Euro cash by investing it in dollar denominated real estate assets right here in Orlando."

About Dominium Realty

Dominium Realty Group is a leader in residential real estate brokerage services in Florida with expertise helping U.S. and international clients navigate the Orlando real estate market. Through its experienced team of real estate professionals and their commitment to exceed their clients’ expectations, Dominium is able to confidently deliver solutions to meet the needs of any real estate client.

Included in the company's extensive array of specialized offerings are Dominium's expert property management services. With licensed specialists working close with investors, clients get the most effective property management possible for their real estate portfolios. Dominium agents are experts in the Orando market, including Downtown Orlando homes, Windermere Homes, Dr. Phillips, Maitland, Winter Park, Lake Mary, Baldwin Park, Metro West, Longwood, South Orlando, Kissimmee, Winter Springs, Oviedo, Lake Nona, Waterford Lakes, Altamonte Springs, Mount Dora, Sanford, Apopka, Winter Garden, and Ocoee.

Jonathan De Jesus
Dominium Realty Group
6236 Kingspointe Parkway #10
Orlando, Fl 32819
407-588-7828
http://www.florida-real-estate.pro/

Foreclosure Inventory To Bring Out Bargain Hunters Says Meridian Real Estate Agent John Espinosa

MERIDIAN, Ida. - Meridian REALTOR® John Espinosa sees foreclosure inventory of bank owned homes likely continuing to bring out bargain hunters through 2012, bringing with it exceptional prices.

Depending on what economic policies the federal government adopts, Espinosa says Idaho real estate buyers will likely see continued low interest rates through this election year as an attempt by Washington policy-makers to stimulate the economy.

"The combination of low rates and the steady drip of bank owned homes into the market means continued low prices for buyers who are ready to dip their feet in the market again."

He says some buyers have been gun-shy about re-entering the real estate market, whether it's for Meridian real estate, which maintains relatively higher demand than many other Treasure Valley cities, or Eagle real estate, where expensive estates from the boom years are going for pennies on the dollar now.

But he says buyers shouldn't rely on the headlines to tell them when to buy.

"Buying a home is a very personal decision, and families should base it on their own circumstances. Growing families still need to move into bigger homes. Empty nesters still want to downsize, no matter what the market looks like."

Espinosa also says he's seeing plenty of trading up as low prices have brought more desirable neighborhoods into reach of the average buyer.

"The key is to engage with the market and watch for those bargains. Anyone can do that for free on my website www.MeridianIDHomes.com and get access to the entire database of Idaho MLS listings.

About John Espinosa

John Espinosa is an Idaho real estate agent specializing in the Treasure Valley. Covering Boise to Parma and everything in between, John is an expert on Boise, Nampa, Caldwell, Eagle, Kuna, Star, Middleton, and Meridian real estate.

John Espinosa
RE/MAX Advantage
5680 E Franklin Rd, Suite 100
Nampa ID 83687
208-484-7837
http://www.meridianidhomes.com
john@espirealestate.com

San Jose Property Management Company Helps Accidental Landlords Become Intentional Investors

SAN JOSE, Calif. - While Jerry Garrity of Silicon Valley's First Statewide Realty works with a long list of properties for seasoned Bay Area investors who use his San Jose property management services, he also has a growing portfolio of another abundant asset type: properties whose owners had trouble selling them.

He says this growing phenomenon is a result of the real estate market not cooperating with the original plans of many homeowners. His advice, rather than accept an undesirable price, is to think differently.

"I've found that many people who have had trouble selling their home for their preferred price can turn a negative into a positive and actually use their circumstance to nudge themselves into real estate investing."

"Often, investing in real estate is something they've been wanting to do for years, and just didn't know how to go about it. We show them how."

Garrity says that he's been able to teach these new clients what his more seasoned investors already know – that there is wisdom in owning real estate in any market.

"Home prices go up and down, and our property management firm has weathered five recessions in the last 20 years. What new investors need to know is that price fluctuation is less important than cash flow."

He says that most homeowners only read the headlines and end up buying when prices are going up and selling when prices are going down. Smart investors, on the other hand, buy when prices are going down, not to flip the homes, but to produce a steady stream of cash flow.

"When I'm able to find a way to make the numbers work for new clients, it's exciting to see the light bulbs go off. It's certainly a rewarding part of what I do, because I've been able to help frustrated sellers become very knowledgeable real estate investors."

About First Statewide Realty

Jerry Garrity's First Statewide Realty is a seasoned expert in property management whose expertise has been featured in the Wall Street Journal and other publications. His professional property management San Jose company specializes in managing single family homes, condominiums, townhouses and other investment property in the greater San Jose metropolitan area. His Cupertino property management firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.

Jerry Garrity
First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982