Tuesday, January 31, 2012

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

Bank-owned-idaho-real-estate

Monday, January 23, 2012

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