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PALM BEACH, Fla. - Florida real estate agent and local short sale expert Jeff Tricoli says economic indicators appear to be showing more activity in the Palm Beach, Florida market.
Tricoli says continued tightening of new and existing home inventory in the area and rising prices compared to last year are bringing more sellers into the Palm Beach real estate market.
"We're seeing steady price increases due to the fact that there are just not enough homes available on the market to meet demand."
He says bank owned inventory also appears to be tightening, unlike last year when homes offered for sale by banks put a greater amount of price pressure on private sellers.
"Banks have certainly been a driving force in the market for the past couple of years, but we're seeing a move away from that trend."
According to Tricoli, short sales are still fairly common, but are not placing significant pricing pressure on the market.
"There is a steady flow of short sales coming on the market as the economy takes its toll and owners try to avoid foreclosure, but short sales are not overwhelming the market as in previous years."
About Jeff Tricoli
Born and raised in Palm Beach county, Jeff obtained his undergraduate and Master’s degree from Florida Atlantic University. He has been in real estate for over 10 years, and is an expert in short sales, foreclosures, and REO properties.
Jeff regularly handles investment property transactions for both investors and sellers, providing experienced advice for owners selling their home. He brings expert marketing skills as a sellers’ agent, and is a tireless buyers’ agent, listening closely to clients’ needs to find the perfect property for their needs and lifestyle.
Jeff services all of Palm Beach County, Florida, especially West Palm Beach Real Estate, Lake Worth, Lantana, Wellington, Royal Palm Beach, Boynton Beach, Palm Beach Gardens, and Jupiter.
Jeff Tricoli REALTOR®
Keller Williams Realty
Palm Beach Central
2994 Jog Rd.
Lake Worth, FL 33467
561-628-0299
jtricoli@hotmail.com
http://lakeworthhomes.com
CUPERTINO, Calif. - With the Federal Reserve promising continued Quantitative Easing, Washington jargon for printing money, a local real estate investment expert says physical assets may be the best way to navigate the next four years.
TORRANCE, Calif. /LOS ANGELES - Partner Engineering and Science Inc. (Partner), a national environmental and engineering consulting firm headquartered in Torrance, Calif, and one of the country’s fastest-growing companies, has hired Michael P. Michael P. AriasArias as senior project manager in the Torrance office. Arias will bolster Partner’s senior technical staff primarily servicing institutional and equity clients in Southern California.
Arias brings over 25 years of experience in the architectural and construction fields to Partner’s Investment Advisory Group. Arias has performed property condition assessments, construction cost and document reviews, construction monitoring and owner’s representation services for institutional and private clients nationwide. He has developed an expertise in engineering cost analysis, enabling him to effectively evaluate construction related activities such as work item prioritization, assessments and construction remediation projects. Arias is also a specialist on the accessibility requirements of the Americans with Disabilities Act (ADA) and the Federal Housing Authority (FHA).
”Our equity and institutional clients require a high level of detail and expertise when evaluating their assets, and Michael is exactly this caliber of professional,” said Kevin Schmitt, PE, technical director of Partner’s Investment Advisory Group. “He is a major addition to our Investment Advisory Group.”
Throughout his career, Arias has provided comprehensive reviews for all commercial property types and for a variety of major clients, ranging from CBRE to MetLife Insurance. Arias’s extensive past project history includes an acquisition Property Condition Assessment of a one million square foot mall in Valencia, Calif. for an institutional client, a Property Condition Assessment of a 26-floor trophy office building in Los Angeles, Calif. for a real estate firm, Construction Monitoring for an 800-room addition to a five-star hotel in San Diego, Calif. and Owners’ Representation for numerous industrial developments in California’s Inland Empire area.
“I am thrilled to join the Partner Investment Advisory Group and look forward to supporting clients with a wider range of services and stronger geographical footprint, not to mention Partner’s considerable depth of expertise,” said Arias. “I find it refreshing that Partner emphasizes being an industry educator and understanding our clients’ needs and perspectives.”
Prior to joining Partner, Arias was the assistant vice president at Marx/Okubo Associates, Inc., in Pasadena, Calif., where he completed hundreds of Property Condition Assessments for numerous types of real estate investment entities and performed several large portfolio evaluations for clients such as IDS Real Estate Group, American Realty Advisors and TA Associates Realty. In addition, Arias was an associate at ATC/Diagnostic Environmental, Inc., and an architectural project manager in the design/build department of Berry Construction, Inc., a general construction company.
Arias graduated from California State Polytechnic University, in Pomona, Calif., with a bachelor’s degree in Urban & Regional Planning. He is a California Architectural Candidate as well as a California Certified Access Specialist (CASp) Candidate. He is a member of the International Code Council and an associate member of American Institute of Architects (AIA).
About Partner Engineering and Science, Inc.
One of the fastest-growing private companies in the United States, Partner Engineering and Science Inc. (Partner) is a national environmental and engineering consulting firm specializing in evaluating properties in connection with real estate transactions, development or management. This includes: Environmental Due Diligence; Subsurface Investigations and Remediation; Industrial Hygiene; Property Condition Assessments; Seismic Risk Assessments / Probable Maximum Loss; Energy Audits, Engineering and Implementation; Land Surveying; and Construction Risk Management. Based in Torrance, Calif., Partner has over 200 employees in 24 offices nationwide. Meridian Boise Eagle.
ORLANDO, Fla. - Orlando REALTOR® Rick Arbutine is predicting real estate sales growth in the Orlando market in 2013, including the luxury home segment.
Arbutine says experience and his review of regional economic and market factors leads him to believe that 2013 will see incremental sales and price growth in Orlando real estate in spite of some
headwinds from several segments of the economy.
"While the politicians seek to extract higher income taxes from the rich, the truth is that the wealthy don't usually rely on taxable salaries; they invest and produce capital gains. One of the most consistent investments for centuries has been real estate, and I believe we'll see more of it in this economic environment."
He says he expects real estate sales and investment purchases to improve in the new year as wealthy investors seek to protect their capital and grow it by sheltering their dollars in hard assets like real property.
"I believe 2013 will see a general increase in real estate purchases, simply because there are few other alternatives for safe investing in the current environment.”
He also notes that the Orlando market has always been one of the areas which offer much potential for future growth due to the proximity of Walt Disney World, Universal Studios and other appealing vacation attractions.
"The Orlando market in particular is in a good position to be the recipient of global investment dollars, because tourists visiting from around the world come and see the long term investment potential for purchasing a second home here."
He says that while the luxury home market won't be driven by the same factors driving investment grade home, "A rising tide in one area of the market tends to lift all boats." As a result, he expects 2013 to see considerable growth in the luxury home market, both in terms of total sales and price appreciation.
About Rick Arbutine REALTOR®
Rick Arbutine is a REALTOR® and expert in buying and selling Orlando luxury properties, including Walt Disney World and the surrounding communities of Longwood, Lake Mary, Windermere, and Sanford. A top agent with Charles Rutenberg Realty, Arbutine is known for introducing his clients to Orlando’s most exclusive communities, helping them explore the million dollar listings that define the Orlando's luxury real estate market.
The level of real estate client served by Arbutine expects and gets exemplary service. Arbutine has extensive experience in high-end homes and a deep understanding of the caliber of professional service and personal attention it takes to satisfy his clients. He is an attentive agent who is committed to always being available to answer questions, manage solutions to challenges that may arise during a transaction, and provide guidance. In addition, his team will insure that each transaction is complemented with a comprehensive selection of tools, resources and support staff.
LuxuryHomesOrlandoFla.com
Rick Arbutine, REALTOR®
Charles Rutenberg Realty
1900 Summit Power Blvd.
Orlando, FL 32810
Direct: 407-928-8113
Fax: 407-644-2032
http://luxuryhomesorlandofla.com
LAKE WORTH, Fla. - REALTOR® Jeff Tricoli, an agent specializing in Palm Beach Island real estate, has received high marks for customer service on the website RealEstateRatings.net.
The website allows customers to submit real estate agent reviews, testimonials, and ratings for customer service and other criteria after a home purchase or sale.
Tricoli says his real estate business is focused around a strong work ethic and a high level of attention to clients' needs.
He says the effort put into marketing each listing has paid off with happy clients and plenty of referral business.
"My clients send their friends and family because they know they can trust me to get the job done when it comes to buying or selling a home on Palm Beach Island or the West Palm Beach area."
"It's very satisfying to get high customer reviews from my clients."
About Jeff Tricoli
Born and raised in Palm Beach County, Jeff obtained his undergraduate and Master’s degree from Florida Atlantic University. He has been in real estate for over 10 years, and is an expert in short sales, foreclosures, and REO properties.
Jeff regularly handles investment property transactions for both investors and sellers, providing experienced advice for owners selling their home. He brings expert marketing skills as a sellers’ agent, and is a tireless buyers’ agent, listening closely to clients’ needs to find the perfect property for their needs and lifestyle.
Jeff services all of Palm Beach County, Florida, especially West Palm Beach, Lake Worth, Lantana, Wellington, Royal Palm Beach, Palm Beach Island, Boynton Beach, Palm Beach Gardens, and Jupiter.
Jeff Tricoli REALTOR®
Keller Williams Realty
Palm Beach Central
2994 Jog Rd.
Lake Worth, FL 33467
561-628-0299
http://lakeworthhomes.com
https://twitter.com/realtypalmbeach
https://www.facebook.com/RealEstatePalmBeach