• Sept-18-2017

Hurricane Irma lessons learned

September 18th, 2017|Comments Off on Hurricane Irma lessons learned

After Irma, buyers might face higher prices for newer Florida homes
By Erica Alini National Online Journalist, Money/Consumer  Global News
U.S. realtors say the higher prices have to do with a high demand in newer homes.

Canadians dropped a whopping […]

  • July31-2017sm

Canadian snowbirds could stay in U.S. longer under proposed federal bill

July 31st, 2017|Comments Off on Canadian snowbirds could stay in U.S. longer under proposed federal bill

7/27/17 – Sun Sentinel – Skyler Swisher – Contact Reporter

Canadians who can’t get enough of South Florida’s sunny beaches are gaining some help from Congress.
U.S. Rep. Ted Deutch, D-West Boca, has introduced the “Canadian Snowbird […]

  • July-23-2017

Canadians set record with U.S. real estate shopping spree

July 23rd, 2017|Comments Off on Canadians set record with U.S. real estate shopping spree

New report says Canadians spent $19 billion US on homes south of the border in the past year
By Steven D’Souza, CBC News Posted: Jul 22, 2017 5:00 AM ET Last Updated: Jul 22, 2017 2:34 […]

  • Jul-22-2017

Foreign Buyers Pump Up U.S. Home Prices

July 22nd, 2017|Comments Off on Foreign Buyers Pump Up U.S. Home Prices

Canadian and Chinese buyers help fuel 50% jump to a new record, By Laura Kusisto, US Housing Reporter, The Wall Street Journal, 18 July 2017
Foreigners are buying U.S. homes at a record rate, helping push […]

  • Apr-20

SRQ REAL ESTATE MARKET UPDATE APRIL 2016

April 20th, 2016|Comments Off on SRQ REAL ESTATE MARKET UPDATE APRIL 2016

Short supply, high demand
Listings priced at median range are few, and don’t last long
By John Hielscher
john.hielscher@heraldtribune.com
If you want to buy a mid priced, single-family home in Southwest Florida, better move fast.
Homes priced around the median […]

  • 3-16

Del Tierra, New Home Community, Bradenton, FL.

March 16th, 2016|Comments Off on Del Tierra, New Home Community, Bradenton, FL.

DR Horton learns a hard lesson: Bad news travels around the world before good news ties its shoe.

A recent article in the Bradenton Herald brought to light problems in the Del Tierra new home community.

In […]

  • Jan-22

2016 will be a GREAT YEAR for Florida real estate markets: here is the 30 second explanation

January 22nd, 2016|Comments Off on 2016 will be a GREAT YEAR for Florida real estate markets: here is the 30 second explanation

Conventional wisdom states 3 key metrics drive housing prices:

 Economy
Consumer Confidence
 Rates

The US economy is in good shape, yet remains fragile, and improvement would be welcomed.

Consumer confidence is also good, but it too is fragile, and improvement […]

  • jan-12-15

FIRPTA Withholding Increases in 2016

January 12th, 2016|Comments Off on FIRPTA Withholding Increases in 2016

On December 18, 2015, Congress passed and President Obama signed into law, the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), which contains changes to the Internal Revenue Code section dealing with withholding […]

  • dec-7

Weak Canadian Dollar Shifts U.S. Home Purchases

December 7th, 2015|Comments Off on Weak Canadian Dollar Shifts U.S. Home Purchases

Source – WSJ

The Canadian dollar is down about 10% over the last year, changing the landscape of foreign buyers in the U.S., but Canadians continue to buy luxury property

Every day for the past six months […]

  • july-24

Home sales and prices rise as inventory shrinks

July 24th, 2015|Comments Off on Home sales and prices rise as inventory shrinks

Source: HeraldTribune.com

Rising prices and shrinking inventory couldn’t cool home sales in Southwest Florida last month.

Sales of residential real estate in June maintained what could be another record-setting pace, with deals rivaling the numbers put up […]

  • Jul-01

Florida Market Update: Prices Accelerating

July 1st, 2015|Comments Off on Florida Market Update: Prices Accelerating

I was recently interviewed by The Globe and Mail of Toronto, (Canada’s version of The Wall Street Journal), for a real estate investment article that ran on June 16, 2015.

You can click on the link […]

  • jun-26

Young buyers, not snowbirds, driving Florida’s hot real-estate market

June 26th, 2015|Comments Off on Young buyers, not snowbirds, driving Florida’s hot real-estate market

Source: The Globe and Mail

Florida is changing dramatically and snowbirds are finding real-estate conditions less tranquil than in the past.

In the Sunshine State’s hot real-estate market, snowbirds are increasingly competing against younger buyers, both foreign […]

  • 4-27

HOME-SALE NUMBERS STRONGER IN REGION FOR MARCH

April 27th, 2015|Comments Off on HOME-SALE NUMBERS STRONGER IN REGION FOR MARCH

Up 20% over 2014 and 39% over February
By JOHN HIELSCHER

john.hielscher@heraldtribune.com

Home sales maintained a torrid pace in Southwest Florida last month, setting the stage for what could be another record year for the housing market.

Despite sharply […]

  • 4-21-15

Manatee County Breaks Tourism Record

April 21st, 2015|Comments Off on Manatee County Breaks Tourism Record

Sarasota Herald Tribune – 21 April 2015

By DALE WHITE

dale.white@heraldtribune.com

MANATEE COUNTY — In what will come as no shock to those who experienced traffic jams to the beaches and waited for tables in restaurants, Manatee County […]

  • 4-13

Sarasota – Manatee Area Annual Home Prices Rise 8.6%

April 13th, 2015|Comments Off on Sarasota – Manatee Area Annual Home Prices Rise 8.6%

Core Logic reported home prices in the Sarasota – Manatee area rose 8.6% in February, measured annually, outpacing national price gains.

This region encompasses, the Bradenton, Sarasota and Venice market areas.

Prices in neighboring Charlotte County, […]

  • docks

International Buyers Continue to Favour Florida Real Estate

April 6th, 2015|Comments Off on International Buyers Continue to Favour Florida Real Estate

In spite of the US $ continuing to appreciate against most global currencies, International Real Estate Buyers continue to pour money into Florida at a record pace.

Given the US $ has appreciated almost 30% against […]

  • 323

Imminent Canadian real estate market CRASH: fact or fiction?

March 23rd, 2015|Comments Off on Imminent Canadian real estate market CRASH: fact or fiction?

This past year has witnessed, a rising chorus of voices around the world, predicting the imminent crash of Canada’s overheated real estate markets.

The OECD and many other leading financial institutions, all maintain that Canada has […]

  • pink-golf

Pros and Cons of Buying New versus Buying a Resale Home

March 17th, 2015|Comments Off on Pros and Cons of Buying New versus Buying a Resale Home

Many purchasers prefer to buy a new home versus a resale home.
The latest construction methods and materials, along with a Builder New Home Warranty are big selling points.This is especially true in Florida, where many […]

  • miami

Comparing investing in Florida versus Ontario real estate

March 11th, 2015|Comments Off on Comparing investing in Florida versus Ontario real estate

Everyday we speak to investors who are searching for both yield and cash flow.

Typical conversation starts with client explaining, how their Toronto condo investments are barely break even deals, that produce zero cash flow on […]

  • boat-sunset

Canadian bank to clients: Florida homes still a bargain

March 10th, 2015|Comments Off on Canadian bank to clients: Florida homes still a bargain

TORONTO, Canada – March 9, 2015 – As Canadians head south for spring break to escape the winter chill, U.S. housing affordability remains good despite a stronger U.S. dollar, according to a new outlook released […]