Thread: Florida Pre Constructrion agent

HEllo all. Is there any one that sells real estate in an area that seem to be booming?

Hi Jiany, got one right here. Portland's real estate has been crazy the last two years. There's little inventory and there are typically multiple bids for anything decent in the market. Often the selling price is above asking. Average appreciation has been hovering around 10% with the high at around 16%.

I was told that some parts of Florida like Miami has a 25% increase. Is that true? What do you think of it?

Max

Hey Max
Yeah, here in South Fl it seems unreal. There is a a three building design called Icon Brickell. Each of the three towers holds 734+ apartments, and the first tower went on sale 3 weeks ago. It took 4 days ti sell out!
You can veiw it on my web site, on Brickell.
By the way is there any way to buy something in your neck of the woods and still make money from rent?

Whether you're going to have positive cashflow or not depends on the amount of loan and down payment ratio. For a 20% down, it'll be hard to make money for single family home. For plexes, you can still do it reasonably with a 25% down.

Hi Jiany,
We are in Southern Oregon and we see a lot of people that are retiring in Calif. and moving up to this area. The reason the are looking at Southern Oregon is that they can cash out in Calif. and buy something here brand new and still have money left over. Another reason is that the weather here isn't that bad, we don't get a lot of snow, they save on car insurance, regestration, and there is no sales tax. We have seen our prices here increase by about 18 to 20 % a year for the last 4 yrs. In Grants Pass you could buy a 3+2 1500sqft for 155,000 two yrs ago now the price on the same home is 245,000.
Lori

So how does someone catches the below priced deals that are out there somewhere. Did anyone ever heard of the company with ad signs stating " We buy Ugly HOuse" do you think they get any below market deals coming there way?

try tampa it is booming, buy now sell 3 months later make 20% profit
easy money

Originally Posted by Jiany

HEllo all. Is there any one that sells real estate in an area that seem to be booming?

Hi there, I sell Pre-construction in Sarasota and Manatee counties.

We have over 30% annually in Phoenix with Chandler hitting 49% and Gilbert 51% last year.

49% that is unheard of.
Why don you guys show up on Cnn Real Estate List.
FO far Florida seems to be leading the market, but I guess they have been missing your town.
happy 4th week!