Coastal Florida Real Estate

I've posted before about the importance of getting the price right. Here are some examples "ripped from the headlines" that demonstate the fact that the price has to be right....right from the start. Got a friend who is having trouble selling? Send this along to them and visit me on the web at: www.CoastalFloridaRealEstate.net.

REAL ESTATE AGENTS: Tired of giving a large portion of your hard earned commission to the office? Realty Associates offers extremely generous payout plans with down stream income from fellow recruits. Join one of the fastest growing companies with a contemporary business model that can reward you, not someone else, for your work. Think about it and call me for a confidential discussion.

When selling your house, the flooring can be one of the most critical elements. Here are my thoughts on this issue. Send it along to someone who really needs to sell their house and visit me at my website www.CoastalFloridaRealEstate.net

REAL ESTATE AGENTS: Tired of giving a large portion of your hard earned commission to the office? Realty Associates offers extremely generous payout plans with down stream income from fellow recruits. Join one of the fastest growing companies with a contemporary business model that can reward you, not someone else, for your work. Think about it and call me for a confidential discussion and I'll treat you to a cup of your favorite coffee.

When trying to sell your house, remember that you are leaving and someone else will be calling the house "home". So, when buyers tell you what they object to...you better listem to them. Here are 2 stories I "ripped from the headlines", true stories from my real estate career. If you think these ideas sound good and you would like to have a conversation, contact me by phone or email. And send this along to your friends who are having trouble selling. And visit www.CoastalFloridaRealEstate.net

REAL ESTATE AGENTS: Tired of giving a large portion of your hard earned commission to the office? Realty Associates offers extremely generous payout plans with down stream income from fellow recruits. Join one of the fastest growing companies with a contemporary business model that can reward you, not someone else, for your work. Think about it and call me for a confidential discussion and I'll treat you to a cup of your favorite coffee.

This just came in from the Florida Realtors and shows the changes in the upscale market.

More than one in seven borrowers with home loans of $1 million or more are seriously delinquent, according to research, compared to just one in 12 with mortgages for less than $1 million. The bottom line is the rich have stopped paying the mortgage on their residential, second home and investment properties at a rate that greatly exceeds the rest of the population.  

According to the New York Times, CoreLogic economists speculate that well-off borrowers are making calculated moves to shed poorly performing real estate, just as they would any other soured investment. “The rich are different: they are more ruthless,” said Sam Khater, CoreLogic’s senior economist. Though hard to prove, the CoreLogic data suggest that the rich do not appear to be particularly worried about being sued by their lender or frozen out of future loans by Fannie Mae, possible consequences of default.

The delinquency rate on investment homes where the original mortgage was more than $1 million is now 23 percent. For cheaper investment homes, it is about 10 percent.

With second homes, the delinquency rate for both types of owners was rising in concert until the stock market crashed in September 2008. That sent the percentage of troubled million-dollar loans spiraling up much faster than the smaller loans.

Jupiter Island, long an enclave of quiet old money, has gotten a lot of notoriety lately due to the escapades of Tiger Woods and Celine Dion.

Other celebs, like Greg Norman and Alan Jackson have quietly settled in.

Once in awhile I come across a great shot of a Jupiter Island home that shows just what the attraction here is.  Take a look at this home.

To view any Jupiter Island estate or other fine properties in communities like Admirals Cove, Frenchman's Reserve, BallenIsles or Jonathan's Landing, call me at 561-762-4073 or you can search yourself at www.CoastalFloridaRealEstate.net.