Florida Real Estate Properties

Florida Real Estate Properties used to be the most sought properties in the United Stated. Wonderful climate, the second longest coastline in the United States and numerous tourist attractions made Florida one of the major destinations of holiday trips as well as a favorite place for spending one’s retirement. These factors resulted in a steep increase of the real estate sales rate, as more and more people decided to buy properties in the Sun State – either as summer house or places to spend the coming retirement years.

During the last few years, Florida’s popularity drove the real estate properties’ prices to unprecedented heights. This was backed up also by the constantly growing population. Despite the fact that Florida is one of the “balanced” states with the net immigration only a few per cent points higher than emigration, the state’s population is growing very quickly – from roughly 13 million in 1990 to 16 million in 2000 and about 18 million in 2006.

Florida Real Estate Properties: Prices and Trends

What was the Florida real estate market’s greatest strength – the tendency of people throughout the United States to buy second homes there – caused its real estate market to suffer heavy losses during the nationwide real estate industry slowdown. Second homes were among the first properties buyers decided to forget about and there were not enough first-time home buyers to fill out the breach.

As the result the sales rate of Florida real estate properties slumped statewide, in some counties it dropped even as much as 34% between January, 2006 and January, 2007. The prices, however, remained on roughly the same level as before the market slowdown – though there are a few reports indicating that the major (15-20%) price reduction is on its way as we speak. While more and more buyers withdraw, at least temporarily, from the purchases, sellers still intend to try to sell their houses at premium prices. These two factors create the classic from of the buyer’s market.

This trend has been further strengthened by the taxation debate in a few leading Florida counties. Many potential buyers of Florida real estate properties are now holding on the transaction waiting for the decisions concerning the real estate tax cuts before making the foreclosure.

The bottom line

As the market signals are mixed and unclear, the situation on Florida real estate market is currently extremely hard to assess. Most experts however, expect that the Florida real estate market is now hitting the bottom and the properties’ sales rate will begin to increase starting in 2008.

Despite the current problems, most investors and construction companies point that Florida still remains an excellent retirement location. As the generation of baby boomers inevitably enters the retirement age, the Florida real estate properties will be more and more often sold. While many buyers are now postponing the purchases due to high property prices, they have never resigned from Florida as the place to move to for the retirement. As the result, even the smallest price drop may trigger an increase in the Florida real estate properties’ sales rate and end the slowdown. If such thing happens, it will put the whole Florida economy back on its track in a few months, as the construction industry and the consumer goods sector will power up to meet the real estate industry and buyers’ needs.

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Mortgage Assignment Profits System Review – 3 Tips On How To Implement This New Real Estate Strategy

Trying to decide which real estate investor guru’s system to buy is hard enough, but once you find what you want, implementing what you learn is a crucial component of your success. As they say, ‘time is money’ and this is no different in the world of real estate investing. If you let any form of training lay stagnant for too long, the odds of you putting the training into actions is slim to none. So, here’s 3 tips on how to implement the strategies taught in the mortgage assignment profits system right away.

The first and most important tip to implementing the real estate investing strategies taught in the Mortgage Assignment Profits System is to team up with a real estate agent. You are going to want access to the Multiple Listing Service, and in many states, you can not access this data on your own. For agents, the same first tip goes for you because many of the leads that will be calling you are already represented and legally you must disclose that you are a licensed agent and politely end the conversation. For those leads, you will need a partner who is an investor who can follow through to see if they can help.

The second tip to implementing these real estate investing strategies is related to finding properties that fit the profile taught in the Mortgage Assignment Profits System. You will want to sit down and make a list of what type of data you should be staying on top of each week. Things like expired listings, homes that have been on the market for more than 90 days, and areas that have high months of inventory. You will find that when you start keeping track of these lists, you’ll be able to notice trends in certain areas that are prime targets for your marketing efforts.

The third tip to being successful with the Mortgage Assignment Profits System and your implementation of these investing strategies is to build your list of other real estate investors and agents who are using this system and similar investing strategies. Go to your local real estate investing clubs and find out who specializes in what real estate investing strategies. Start making a list of everyone you meet and put their information into an excel file sorted by what they do (i.e., hard money lender, rehab investor, etc). Then, the next time you have a deal come up, email your contact list to see if you can find a quick solution. If not, post the deal on your local real estate investor club’s website and when you get inquiries, add those investors to your excel file so that you continue to build your list.