Property Investment South Florida

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 As of this week there is an amazing opportunity for investment in Tesoro Preserve/Ravello. If you want more information please contact me.

MY BUSINESS

I have been actively seeking properties for my clients for  several years,  I have extensive experience of the property market in Florida which has given me the expertise to find good quality homes, building lots and condos in sound neighborhoods which through time should see a substantial capitol value increase.

Let me take this knowledge and work with you to help you find the South Florida home that you have always dreamed about properties from $50,000 to $5,000,000 there has never been a better time to invest in Florida.

What I can do for you:

As a property investor myself and with a background in development I am ideally placed to evaluate property investment opportunities and pass on my expertise to my clients.

Over the last 25 years I have developed strong professional relationships with property developers, lawyers accountants and banks. I am  perfectly placed to provide my clients with a unique and diverse portfolio of property investments.

If you are serious about investment in South Florida give me a call and we can have a chat about your investment plans.

 

Kenneth Duncan

Lang mae yer lum reek

Office -1-305-320-6744

Email  kenduncan@keyes.com

Purveyor of Luxury Homes”

Brookes and co property investments, I would like Revello Arthur Rutenburg  to buy an investment property in florida. Finding a real estate agent in florida to manage my investment property with brookes and co. florida investment managers, I need to find an investment  Revello Arthur Rutenburg  manager for my brookes and co fund

Cobblestone golf club homes, Fox Club homes, I want to buy a Fox Club golf course home reduced home in Cobblestone golf club, reduced price fox club home, Find me a realtor fox club, Realtors in Cobblestone Golf Club, Real estate agents fox club , Squire Johns lane homes for sale, Squire johns homes, Realtors to sell my squire johns home

Brookes and co property investments, I would like to Revello Arthur Rutenburg    buy an investment property in florida. Finding a real estate agent in florida to manage my investment property with brookes and co. florida investment managers, I need to find an investment manager for my brookes and co fund

There are 3 golf courses on Sandpiper where Tesoro Preserve is located. Club Med is located in sandpiper , Tesoro Preserve new homes and plots of land also a popular destination for preserve luxury homes . Jensen Tesoro homes for sale and Ken Duncan realtor selling homes in Tesoro Preserve are located Revello Arthur Rutenburg  a few miles from New homes in preserve port st lucie . The Saints and Club Med Golf offer a beautiful restaurant to enjoy after your round of golf on the new short course championship Tom Fazio designed course. There are a large  Revello Arthur Rutenburg    selection of golf course homes in Tesoro available in Port st Lucies most exclusive development and Water front properties in Tesoro Preserve––/

One thought on “Property Investment South Florida”

  1. Home prices increased on a year-over-year basis for the ninth consecutive month according to the CoreLogic Home Price Index (HPI) released today. The November HPI was up 7.4 percent from its November 2011 level and represented the largest jump in the index in nearly seven years. On a month-over-month basis the HPI, which includes sales of distressed properties, was up 0.3 percent. CoreLogic said the all but six states are experiencing year-over-year price gains.
    When short sales and sales of foreclosed properties i.e. distressed sales are excluded from the analysis, home prices nationwide increased by 6.7 percent in November compared to those a year earlier and increased 0.9 percent from October to November.
    CoreLogic’s Pending HPI which is based on Multiple Listing Service data indicates that December 2012 home prices, including distressed sales, can be expected to rise by 7.9 percent on a year-over-year basis from December 2011 and fall by 0.5 percent on a month-over-month basis from November 2012 reflecting a seasonal winter slowdown.
    The Pending HPI excluding distressed sales projects an increase of 8.4 percent increase for December 2012 house prices as compared to those a year earlier and a positive 0.7 percent change from November 2012 to December.

    “As we close out 2012 the pending index suggests prices will remain strong,” said Mark Fleming, chief economist for CoreLogic. “Given the recently released QM rules issued by the CFPB are not expected to significantly restrict credit availability relative to today, the gains made in 2012 will likely be sustained into 2013.”
    “For the first time in almost six years, most U.S. markets experienced sustained increases in home prices in 2012,” said Anand Nallathambi, president and CEO of CoreLogic. “We still have a long way to go to return to 2005-2006 levels, but all signals currently point to a progressive stabilization of the housing market and the positive trend in home price appreciation to continue into 2013.”
    While six states posted negative price changes on a year over year basis only two, Delaware and Alabama, remained in that category when distressed sales were included. The five states which posted negative price changes on a year over year basis including distressed sales, were Delaware (-4.9 percent), Illinois (-2.2 percent), Connecticut (-0.5 percent), New Jersey (-0.5 percent) and Rhode Island (-0.3 percent). Delaware improved to -3.5 percent and in a real anomaly Alabama dropped from a positive annual change of 2.2 percent to -2.2 percent when distressed sales were excluded.
    The states with the highest increases including distressed sales were Arizona (20.9 percent), Nevada (14.2 percent), and Idaho (13.8 percent. Excluding distressed sales the greatest increases were in Arizona (+16.5 percent), North Dakota (+12.9 percent), and Nevada (+12.6 percent).
    The national HPI has posted a -26.8 percent change from the peak HPI in April 2006 including distressed transactions and -20.7 percent excluding them.

    In stark contrast to this time last year, the housing market is chugging into 2013 with a head of steam.
    Home-listing prices were up 5.1% nationally in December on a year-over-year basis, according to data released Thursday by real-estate listings and data company Trulia. Out of the 100 major metro markets covered by the report, 82 of them saw year-over-year gains. At the end of 2011, asking prices had fallen 4.3%, and only 12 markets had posted positive price changes.
    “Prices are going into 2013 with strong tailwinds,” said Jed Kolko, chief economist for Trulia. He cites a general strengthening of the job market, which in turn means more families able to cover a sizeable down payment. An increase in household formation, which is also the product of improving job prospects, and home construction could further bolster demand.
    Mr. Kolko notes that the sharpest tightening of inventory is taking place in Western states. Four of the top 10 cities to see the largest asking price recovery were in California, including Oakland, San Jose, Sacramento and Fresno.
    Las Vegas, which was hit hard after the bubble burst, came in at the top of the list with a 16.3% year-over-year listing price increase. In the same period in 2011, prices dropped 11.2%.
    To be sure, even among the markets with major gains, some are better positioned for a sustained housing recovery than others.
    While Las Vegas may have seen the largest asking price turnaround, it remains far below pre-bust levels. The problem, Mr. Kolko says, is that the market remains unstable, with high vacancy rates, lingering foreclosures and subpar job growth.
    On the other hand, metros like Seattle, which came in second on the list of cities with the highest asking-price recovery, are on a smoother path to growth because of their strong economic fundamentals, he said.
    Meanwhile, rents rose nationally 5.2% in the same period. In 17 of the 25 biggest rental markets, home prices are rising faster than rents, according to Trulia. Whereas ownership was typically more affordable than renting in most markets in recent years, as sales demand rises, that edge is becoming less apparent, Mr. Kolko said.
    Bolstered by a strengthening economy and improving housing market, real-estate stocks capped off 2012 with robust returns that outpaced the broader stock market.
    The Dow Jones Equity All REIT Index, which tracks 136 real-estate investment trusts, delivered a total return of nearly 20% for 2012, more than double the 7.5% gains in 2011 and the fourth consecutive year that REITs outperformed the Standard & Poor’s 500 stock index, which gained 16% in 2012. The Dow Jones Industrial Average also lagged behind REITs, posting a total return just over 10%.
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    The stocks of home builders posted even stronger gains as revenue climbed on rising home sales. The Dow Jones U.S. Construction Index ended 83% higher in 2012. Hovnanian Enterprises Inc., HOV -0.83% which experienced one of the strongest turnarounds among the big builders, saw its stock climb 383% last year, while PulteGroup Inc., PHM +5.33% the second-biggest builder, rose 188%.
    Although few REIT stocks matched the performance of home builders, the stocks still outperformed many other industries. Investors were drawn to REITs in part because strong economic fundamentals allowed landlords to raise rents, increasing revenue and profit. REITs also have relatively high dividend yields, which currently average about 3%, compared with 1.7% on 10-year Treasurys and an average 2.2% for the S&P 500.
    Number of Underwater Borrowers Declines as Home Prices Rise
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    Jan 17 2013, 1:29PM
    Negative and near-equity numbers in the U.S. are diminishing steadily according to data released today by CoreLogic but still affects more than a quarter of homeowners with a mortgage. The number of underwater homeowners – those who, because of a decline in home value, an increase in debt, or both, owe more on their mortgage than their homes are worth – dropped by about 100,000 in the third quarter of 2012. This brings the total decline in the first nine months of 2012 to 1.4 million, leaving 10.7 million homeowners with negative equity at the end of the period or 22 percent of all homeowners with a mortgage.

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