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Interinvestments Realty - Pre-construction News and Florida Real Estate Information Pre-construction News & Real Estate Information in Florida! HOME | BUYING | SELLING | FINANCING | FAQ’S | RELOCATING | JOIN US | MANAGEMENT | CONTACT US Aventura Bal Harbour Brickell Coconut Grove Coral Gables Cutler Ridge Dadeland Doral Downtown Miami Fisher Island Golden Beach Homestead Key Biscayne Kendall Miami Beach Midtown Miami North Bay Village North Miami North Miami Beach Pinecrest Sunny Isles Beach Surfside South Beach Westchester Coral Springs Ft. Lauderdale-Pompano Hallandale Beach Hollywood Pembroke Pines Weston Tamarac Boca Raton West Palm Beach Palm City Delray Beach Boyton Beach Hypoluxo Royal Palm Beach Palm Beach Gardens Port St. Lucie Indian River-Vero Beach Savona-Palm Coast Solivita -- Bellalago Poinciana Reunion Lake Marion Tierra del Sol Sand Lake Arbor Lakes Heritage Key Villas Itopia -- Bradenton Parrish Palmetto Ellenton Tampa St Petersburg Sarasota Gateway Town & Country Pelican Preserve Cypress Club Oasis Royal Greens Bay Colony The Seasons Hammock Bay Tuscany Reserve The Colony Golf & Bay Club Cove Towers Tiburon St. Augustine Jacksonville Daytona Pensacola Panama City You are in > Home Isles of Bayshore - South Dade The Isles at Bayshore is now featuring the "California Collection,"showcasing distinctive west-coast architecture. Every home is filled withluxurious extras offered in Developer's signature "Everything's Included"home, featuring thousands of dollars in extras at no extra charge. [MORE] Heritage Key Villas - Kissimmee Heritage Key Villas is an idyllic community offering privately-ownedvacation town-homes in Kissimmee, Florida - one of the world's largest andmost popular resort areas. Whether you enjoy quiet, evening sunsets orlively, big-city entertainment and attractions, Heritage Key Villa offersthe best of both worlds. [MORE] Little Harbor - Bradenton Little Harbor, the biggest waterfront living experience on Tampa Bay. Thisone-of-a-kind coastal village presents an enchanting combination of beach,bay, river and harbor-front residential homes and resort-style residencesalong with a colorful mix of amenities that evoke the grace of a bygoneCaribbean lifestyle. [MORE] LATEST PRE-CONSTRUCTION NEWS december 08, 2005 TEN is an exclusive living concept [more] december 08, 2005 Cabana Cay features the best of everything [more] december 08, 2005 Nestled in the heart of South Tampa, Grand Key [more] november 05, 2005 Wind - is located in Downtown Miami! [more] november 05, 2005 Waterfront Town Home Residences [more] october 17, 2005 Bella Mare - For Immediate Occupancy! [more] october 17, 2005 Family Homes and Townhomes in South Dade [more] october 01, 2005 Trump Towers Luxury condos in Sunny Isles Beach [more] october 01, 2005 The Isles at Bayshore is a luxurious Mediterranean [more] FEATURED DEVELOPMENTS - Trump Grande - Fisher Island - Capital Towers - Axis - Bella Mare - Midtown Miami - Bellalago - Palencia - Tuscany Reserve - Venetian Golf & Country Club - Westshore Yacht Club - Silver Lake MARKET NEWS > Israelis buy up Miami land - Downtown Miami > Builder reveals Miami Makeover - Downtown Miami > New Development in Miami River - Downtown Miami > Overseas investors find South Florida to be a hot property > St. Joe chief takes his story to Wall Street International Properties - Cocos Beach - NICARAGUA - Pinos Verdes - COSTA RICA - Porton Andalucia COSTA RICA - Tamarindo Heights COSTA RICA FIND DEVELOPMENTS BY AREA Dade Aventura | Bal Harbour | Brickell | Coconut Grove | Coral Gables | Cutler Ridge | Dadeland | Doral | Downtown Miami | Fisher Island | Golden Beach | Homestead | Key Biscayne | Kendall | Miami Beach | Midtown Miami | North Bay Village | North Miami | North Miami Beach | Pinecrest | Sunny Isles Beach | Surfside | South Beach | Westchester Broward Coral Springs | Fort. 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Home price increases may have flattened - Nov. 15, 2005 Web CNN/Money Home News Markets Technology Commentary Personal Finance Autos Real Estate Real Estate Buying & Selling SAVE | EMAIL | PRINT | SUBSCRIBE TO MONEY | Outlook sours for real estate Many indicators point to a major slowdown in home prices. November 15, 2005: 5:47 PM EST By Les Christie, CNN/Money staff writer Most overvalued markets The real estate markets most vulnerable in a housing bust Metro market Median home price Percent overvalued Naples, FL $489,875 79.35% Santa Barbara, CA $609,999 73.69% Merced, CA $256,348 71.71% Salinas, CA $539,273 70.49% Stockton, CA $307,849 68.66% Medford, OR $246,245 64.78% Port St. Lucie, FL $210,727 64.17% Riverside, CA $291,170 62.92% Modesto, CA $287,030 62.77% Madera, CA $256,417 60.39% Source:National City NEW YORK (CNN/Money) - Did homeowners who sold in September get out just in time? The latest report on third-quarter home prices, released Tuesday by the National Association of Realtors, showed continued strength. But increasingly there are signs that prices have plateaued. Of 147 markets tracked , 69 had gains from a year ago of more than 10 percent -- only six metro areas experienced declines. But from the second quarter to the third quarter, the national median home price rose to $215,900, up just 3.8 percent. That contrasts with a 10.4 percent jump in the prior quarter. And more and more leading indicators are pointing to a slowdown. In Boston, real-estate investor Matthew Martinez reports recently having spoken to five condo converters. "They all said the party was over," Martinez said. In Florida, Elena Filipa, vice president of the Corcoron Group in West Palm, said "We've leveled off. I would say prices will go up this year, but not as fast as they have." None of this surprises the many economists who have been waiting for a downturn. Richard DeKaser, chief economist for mortgage banker National City, has been reluctant to call the top, but thinks it has finally passed. "We're coming down the other side of the mountain," said DeKaser. The signs include: Builder pessimism The builders DeKaser surveys are less optimistic than they were even a few months ago. Separately, one leading builder, Pennsylvania-based Toll Brothers, announced last week that expected demand for 2006 would be down, resulting in moderating price increases and fewer sales. New-home sales declining DeKaser also notes that the number of new homes sold have fallen sharply since peaking in July at an annual rate of 1.3 million units. DeKaser calls new-home sales (rather than existing-home sales) the canary in the coal mine. "Developers tend to be more sensitive to market conditions," he said. They have cash flow issues, payrolls, and loans that put more pressure on them to sell. Ordinary home sellers are often more selective than developers, even taking properties off the market if they don't get the price they want. Developers have to drop prices to move inventory. Inventories rising Supplies of new homes are way up, to nearly 500,000 units, from 350,000 a few months ago. "That's an all-time high for new homes," says DeKaser. The higher the inventory, the more likely prices will fall. Sell times are up Houses are sitting on the market longer. New homes now take about 4.1 months to sell and existing homes 4.7; both figures are up substantially. What to expect In a recent survey, NAR members say they predict home prices to rise only 5 percent in the next 12 months. Nearly half of the realtors predict prices will rise less than five percent and 6.4 percent actually expect prices to fall. "You can't expect double-digit price increases to go on forever," said Walter Molony, spokesman for NAR. "We're seeing a market in transition in which there'll be an easing of price increases in the future." While DeKaser expects a slowdown, he predicts an "orderly transition" for the most part, with some exceptions. "There will be busts in some markets," he said. "Mostly, we'll come out of it unscathed." For the most part, DeKaser doesn't envision losses on that scale. He thinks home prices will decline 1.7 percent during the fourth quarter of 2005 and stay almost flat all the way through 2007. But history shows that some over-valued markets could fare much worse. Molony points out that the most severe drops in real-estate prices are usually triggered by an underlying economic crisis. After oil prices went into a six-year decline in the late 1970s, housing prices in oil cities experienced steep drops. In Oklahoma City, prices plummeted 26 percent in real dollars from 1983 to 1988. With inflation, the "real" loss was more than 40 percent. Houses in many oil patch cities are worth less in real dollars than they cost more than 20 years ago. How to protect yourself It may already be too late to cash out at the top, which some residents of hot markets have already done. About 500,000 California residents moved out of state since 2001, according to economy.com, many to take advantage of lower housing prices elsewhere. But houses are not really investments in the same way stocks or bonds are. As an investment, timing the market is touchy -- miscalculate and it can cost you. If, for example, you cashed out a year ago in Los Angeles, expecting to buy back in at a lower price, you'd have to spend nearly 23 percent more for a similar house this year. Add closing and moving costs and commissions and it could cost 30 percent more to get back into the market. Cashing out just doesn't make sense except for retirees or others in a position to relocate or downsize. People looking to buy right now should shop carefully. Look at a number of homes, try not to fall in love, and be realistic about prices. Don't be afraid to bid low. The days of multiple bids may be over for a while. With interest rates rising, try to get into a fixed-rate loan. Adjustable rate loans could adjust to a much higher level when they come due, making monthly bills much costlier. ARMs rates are so close to fixed at this point, it costs little extra to forego the risk of higher rates in the future. ________________________________________________________ Latest prices for 147 markets. Housing affordability is at a low point. For more, click here . Just as the good times may be ending, the Chicago Mercantile Exchange is beginning to offer futures trading in home prices. For more click here . For more articles on Real Estate, subscribe to MONEY Magazine . The Hot List Most profitable renovations How risky is your 401(k)? Big new tax credits for hybrid cars More Buying & Selling Least affordable rental markets Take this home market...and love it Double jeopardy for landlords contact us | magazine customer service | site map | glossary | RSS | press room OTHER NEWS: CNN | SI | Fortune | Business2.0 = Money subscribers = Premium content -- * - Time reflects local markets trading time. † - Intraday data is at least 15-minutes delayed. Disclaimer © 2005 Cable News Network LP, LLLP. A Time Warner Company ALL RIGHTS RESERVED. Terms under which this service is provided to you. privacy policy Reprints of site stories are available. Top Stories Most overvalued housing markets Risks to the economy in 2006 Which was the worst ad of all in 2005? After the ride, a rest Hilton brands reunite after 40 years YOUR E-MAIL ALERTS Follow the news that matters to you. Create your own alert to be notified on topics you're interested in. Or, visit Popular Alerts for suggestions. Manage alerts | What is this?
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LandAndFarm.com - Land for sale, Farms for sale, Rural Property for sale Advertise here Search Properties Wanted Auctions Newsletter Quick Start Register About My Properties Number of visitors online now: 231 Thursday, December 29, 2005 Ad Prices Help Contact Login Subscribe to Rural Property Bulletin Last Few Listings Most Viewed Least Viewed Recently Updated Search by USA Map Rural Property Sites Tool Box Get new properties in your email box! 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Click here to see our advertising prices . jc-today -- NEWS: Avian Flu Study Underway The eBay Index: Mexican Land on Block LANDBLOG: Hunting Clubs Get Creative LANDBLOG: Vodka From Apples See All News See the LandBlog For Real Estate Agents Protect Yourself: . Tips on how to avoid internet real estate scams. Click here jc-today -- Make Money From Your Site: . NEW! Bulk listing plans! See details here . -- Lodge Farm (multiple Income) ( recreational property, pasture, forest - natural) A 240 acre property with an asking price of $550,000. Farm & MULTIPLE INCOME SOURCEMAPLE SYRUP - VACATION RETREAT RENTAL - HAY - TIMBERSAINT-PIERRE-BAPTISTE, QUEBEC, CANADA 240 acre farm located ...(Click here to learn more) This property is for sale. Location: Canada . [Email this listing to someone] Virgin Brazil Timberlands ( forest - natural, undeveloped land, recreational property) A 10,763 acre property with an asking price of $199,000. SEVERAL AREAS FROM 10,000.- TO 100,000.- ACRES.PRICE: FROM U$ 17 PER ACRE One of the best worldwide investments.A 10,000 acres parcel cont ...(Click here to learn more) This property is for sale. Location: Brazil . [Email this listing to someone] Walla Walla Farm With Water ( row crops, vegetable farm, vineyard) A 905 acre property with an asking price of $3,000,000. 905 Acres, Fabulous view overlooking Walla Walla valley and Blue Mountains. Prime Vineyard land..currently planted in alfalfa & wheat. 40 acre zoning. ...(Click here to learn more) This property is for sale. Location: Walla Walla , Washington [Email this listing to someone] Horse Lover''s Dream ( horse farm, recreational property, hunting property) A 11.00 acre property with an asking price of $249,000. This beautiful 11-acre property includes fenced pastures, a pond, and riding trails, located outside of Douds in historic Van Buren County, Iowa. Als ...(Click here to learn more) This property is for sale. Location: Van Buren , Iowa [Email this listing to someone] 4br 3ba On 66 Acres ( horse farm, residential land, recreational property) A 66 acre property with an asking price of $1,150,000. 66 Acres of Hardwoods and Pastures with Beautiful Views! $1,150,000Country living in a beautiful home on 66 pastoral acres. With 36 acres of hardw ...(Click here to learn more) This property is for sale. Location: Hall , Georgia [Email this listing to someone] Custom Home On 13 Acres& Lake ( recreational property, waterfront, horse farm) A 13.00 acre property with an asking price of $697,500. If you are looking for Privacy,Look No Further! This is the Builders Private Home! There are so many customs features to this amazing property. First ...(Click here to learn more) This property is for sale. Location: Georgia [Email this listing to someone] New Hunting Cabin ( hunting property, recreational property) A 6.05 acre property with an asking price of $74,900. Brand new cabin on over 6 acres with a stream and stateland across the road on 2 sides. New septic, new well and electric. Wrap around porch and no ne ...(Click here to learn more) This property is for sale. Location: Chenango , New York [Email this listing to someone] 12/29/2005 3:37:29 PM Web LandAndFarm.com Search eBay Land Listings! Quick Search Search Properties/ Advanced Search Recent searches: 3 properties - 38 seconds ago 20 properties - 1 minute ago 9 properties - 1 minute ago 16 properties - 1 minute ago Click a Pro! Visit the following real estate pros for the best properties from around the world! Debra Dodd, TENNESSEE Craig McKenzie, South Africa (Singell) Countrytyme, OHIO (Kimmel) Countrytyme ALC LTD, OHIO Virginia R. Reid, MAINE Melinda Barrington, TENNESSEE David A. 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Buy my house, please! - Sep. 11, 2003 CNN/Money Web Autos Real Estate Money's Best Home Markets & Stocks News Jobs & Economy World Biz Technology Commentary Personal Finance College Credit and Debt Insurance Interest Rates Retirement Tax Center Ask the Expert Five Tips The Good Life Millionaire in the Making Money 101 Moneyville Retirement Planner Savings Calculator Asset Allocator Mutual Funds Money Magazine Video CNN TV Fortune 500 Best Employers Money 101 Portfolio Calculators Real-time Quotes Last 5 Quotes SPONSORED BY include virtual="/fn_adspaces/markets-stocks/last_five_quotes/sponsor.88x31.ad" -- CNN/Money Email newsletters RSS Mobile news Money archives Buy story reprints Find a Mortgage SPECIAL OFFER Your Money Your Home Buy my house, please! As the market cools, it will take more work to get that 'For Sale' sign out of your front yard. September 11, 2003: 5:10 PM EDT By Sarah Max, CNN/Money Staff Writer BEND, Ore. (CNN/Money) To say that it's been a seller's housing market is the understatement of the year. Homeowners looking to sell in most parts of the country haven't had to wait around very long for a suitable offer, and those in the best markets have seen their homes swooped up in a matter of days, even hours. In early 2003, in fact, 21 percent of all houses went into contract less than one week after going on the market, according to the National Association of Realtors (NAR). On average, houses sold in just five weeks nearly half the time it took throughout the 1990s. "I believe this may be our best year ever," said David Hemenway, a realtor in Cottage Grove, Ore., who's been in the business since 1968. On the other side of the country in Sebring, Fla., realtor Chip Boring is enjoying a record year. Yet, both are aware that great times can't last forever. "Up until the last 2 1/2 years the average time on the market was anywhere from 180 days to 210 days," Boring said. And Hemenway recalls the early 1980s when his listings lingered on the market, sometimes for years. As interest rates creep up, buyers' budgets creep down and markets return to more normal levels, sellers will discover that it takes a little more work (and patience) to unload their homes. Many already have. While there is little you can do to change the laws of supply and demand, you have some control over whether your house sits or sells. Here are the most common reasons houses don't sell, in order of importance. The price is not right Even in the best of markets, setting your price too high is a mistake -- unless you really don't want to sell your house. "Starting too high is the worst thing you can do," said Hemenway. More on Your Home Mortgage Application Center Beating higher rates Mortgage demand hits 14-month low Choosing the best mortgage now Why? Because your greatest opportunity for selling your house is immediately after it goes on the market. That's when the majority of serious buyers will see the house. "Even if you lower the price to reflect the market, you'll have fewer people coming through than if you'd just priced it right to begin with," said Hemenway. In fact, it's not until after you bring the price down below the market something few sellers want to do that interest will pick up again. To make matters worse, say real estate agents, the longer a house sits the harder it is to sell. "Everyone thinks there must be something wrong with the house if it hasn't sold," said Boring, adding that for this reason he won't take on a listing if the seller insists on asking more than the house is worth. To drum up new interest among buyers, sellers sometimes pay for extra advertising or offer to, for example, pay for closing costs as a way to get buyers' attention. "In markets where people don't have a lot of cash, paying for closing costs or buying down interest rates with points up front can put you at a huge advantage," said Ron Phipps, a realtor in Warwick, R.I. The house is in the wrong place When markets are good, buyers are more willing to buy on the outskirts of an area or turn a blind eye to busy streets, bad views and other problems. But when markets cool down, it's these spots that suffer the most, said Hemenway. Short of moving the house, there is not much you can do if it is in the wrong location. But while in the house you can take care to make sure you don't over-improve your property relative to the ones around it. "If you have a $300,000 house in a neighborhood of $100,000, be prepared to lower the price or let it sit," said Boring. Buyers can't get past the front door Realtors say that getting buyers to take a look inside a house is the biggest challenge of selling a house. Once they've stepped through the door buyers are more likely to consider a place. "I recently sold a house that from the front was not very inspired," said Phipps. "The buyers came to the open house only because they needed to kill time, but once inside they were interested." For this reason, a little time and money spent on curb appeal will go a long way. Trimming the grass, washing the windows and planting a few flowers may be all it takes. In the case of houses whose best features are inside or out back, Phipps recommends taking good interior pictures and putting 360-degree tours online. Sellers sometimes get buyers to look past their homes' imperfections with creative extras. "I've seen sellers offer decorating allowances, and pay for cleaning service and landscaping," said Phipps. "Several years ago a seller in the bakery business offered to bring the buyer a different cake every month." Too much chintz and tchotchkes Less is more when it comes to attracting buyers. "Put all of those pictures of your family and other personal treasures away," said Sheryl Gregory, a broker in Wynthrop, Maine. "It distracts buyers and makes it harder for them to picture themselves in the house." She also recommends taking down distracting curtains and putting on a fresh coat of paint. "Buyers sometimes get scared if they wander through a house and think they're going to have to do a lot of painting," she added. --* Disclaimer Selling? Buying? Click to compare top local real estate agents More on YOUR HOME Your Home: Bracing for higher rates Refinancing demand lags again A rose is (not) a rose TODAY'S TOP STORIES Most overvalued housing markets Risks to the economy in 2006 Which was the worst ad of all in 2005? CNN Money contact us | subscribe to Money magazine advertising -- | site map | glossary | RSS | press room OTHER NEWS: CNN | SI | Fortune | Business 2.0 | Time © 2005 Cable News Network LP, LLLP. A Time Warner Company ALL RIGHTS RESERVED. Terms under which this service is provided to you. privacy policy Reprints of site stories are available.