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Building Permits Tell The Story. 2000 Realty and Development, Inc.

July 25, 2007

Analysis of:Florida's Existing Home Sales,Median Price Down in May 2007 | www.floridarealtors.org

   The Fl. Realtors article indeed makes an accurate portrayal of current market conditions for the Sunshine State as a whole. More of the same lackluster sales activity can be expected thru 2007 and on into 2008 as ARM loans are reset and increased difficulty qualifying potential home-buyers gains momentum. There are other factors at play here such as exorbitant property taxes, increased congestion, and high crime rates. For these, and other reasons, one can assess potential housing investments both in bordering states and in the rental arena.

Sick Of Development Or Just Sick?

December 21, 2006

Analysis of:Are Consumers Sick of Development? Attitudes against Land-Use Development Grow Deeper, Survey Says | rismedia.com

This rather limited survey, reflecting on my past statistics courses, do not provide a large enough sampling with which to apply an inferential analysis.  However, it is telling to a certain degree, as to the general populace's psyche where "progress" is concerned.  On this note I offer a few interpretations as to the psychological undertones which are manifested in the results.

Business Owners Can Stay Put.

November 21, 2006

Analysis of:This Space Not For Rent: Investors, Stores Buy Into Retail Condos | www.investors.com

Office condominiums are a hot market in many metro areas these days especially where land is at a premium.  As an investment over time, however, the history of equity returns are undocumented due to the concept of this form of holding property being relatively new. The dynamics should be reasonably akin to residential condominium ownership and can be ascertained value wise by like comparisons on a square footage basis with traditionally leased commercial space.

Everything's Grand In Fantasy Land?

November 8, 2006

Analysis of:Supply of Homes on Market Takes Dip | www.rismedia.com

This blip in the housing market radar is misleading at best.  US homebuilders have endured the steepest decline in a decade but this is just the beginning of the "correction."  The Orlando area and environs such as Kissimmee are saturated with new home tract builders and have been for quite a while. Any sales activity quotes by the Board of Realtors must be dissected to ascertain exactly what the market forces are which steer the results.

Do It Yourself Appraisals.

October 9, 2006

Analysis of:Zillow Lets Real-Estate Owners Add Their Own Estimates | www.informationweek.com

    Zillow has indeed made more property owners aware of the valuation process and the mechanisms involved. Although there are mistakes in individual property descriptions, this is correctable as the article points out. The end product is useful and free of charge (for now) and should stand the test of time until competitive software emerges.

It's Not A Hill Of Beans.

September 5, 2006

Analysis of:Agricultural Land Values Still Going Up | www.wisconsinagconnection.com

    Agricultural land values are influenced by many factors not related to actual crop yields. This is a relatively new phenomenon which in my estimation began in the 1970's as credit became available at low rates with inflation looming. The USDA statistics qouted in the article are indicative of a linear rise in these land values but clarification of the external factors affecting these appraisals is needed.

A Wide Angle View.

August 18, 2006

Analysis of:Palm Beach County Home Sales Post Biggest Drop in State | www.palmbeachpost.com

    This newsflash, for those who were dozing, comes as no surprise to real estate professionals. The downturn I reported on a while back is in full swing but has not reached the apex as yet. The Palm Beach Post article deals with their county as far as statistics are concerned but does not illuminate the wider aspects involved. The gross percentage quoted in Ms. Rawls column is indeed sobering at 36%, but is a bit misleading when taken as a whole. However, it serves as a heads-up to those builders eyeing Palm Beach county as paved in gold.

Effects Of Foreclosure:Lending Industry And Homeowners

August 3, 2006

Analysis of:Time To Halt Rate Hikes | realtor.org

    Real estate professionals anticipate fewer buyers and sellers in the coming months according to a survey conducted in May ,of 3000 small and large real estate firms. This and other conclusions are reported in the August 2006 edition of Realtor Magazine. The National Association of Realtors article features David Lereah, chief economist and vice-president of said organization.

Florida Real Estate Indicators

August 2, 2006

Analysis of:State Of The States | frbatlanta.org

    Economic indicators derived from the Federal Reserve Bank of Atlanta (6th district) illuminate the downturn in home sale activity as per the second quarter. This correction in the market is a direct consequence of overvaluation of real estate and investor speculation. What follows is supporting data which highlights the market forces that drive the residential building and existing home sales industry.

Demographic Data For Florida Builders

July 11, 2006

Analysis of:Florida Long-Term Economic Forecast | ufl.edu

The changing face of Florida's population is not only measurable in numbers but in ethnicity. Whether contemplating tract housing or high-rises, a savvy builder must take the type of available buyers into account. The census is an indispensable tool in this type of analysis. Rising interest rates and speculation have altered the market forces as the "correction" is now taking place. Those builders who have "done their homework" will find themselves in a position to take advantage of the emerging markets and their buying power.

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