To start, the 10 anchor stores will be: Best Buy, Staples, PetSmart, Target, Belks, Dick’s Sporting Goods, Books-A-Million, J.C. Penny, Ross, and Michaels.
Look for the first of the big stores to open Spring 2008.
- R. Lotto, Kitson 2007 -
Twenty percent of a household’s wealth consists of home equity.
- NAR 2007 -
Be careful of being overly optimistic.
In a competitive market analysis scenario, if one agent quotes a significantly higher price than others, that agent is probably not the one for you. The market doesn’t lie, so each agent providing a quote should be relatively close. If you list the house higher than market value, then drop the price later, the house will be what is called “market worn.”
The final selling price most probably will end up lower than if the home had been listed correctly in the beginning.
Old Wild Bill’s Gift Shop Area
West US192 & Scott Boulevard
( Pub is Open… )
NAR’s annual Investment & Vacation Home Buyers Survey shows vacation-home sales rose 4.7 percent to a record 1.07 million in 2006 from 1.02 million in 2005.
Twenty-two percent of all homes purchased last year were for investment, down from a 28 percent market share in 2005, while another 14 percent were vacation homes, up from a 12 percent share in 2005.
The typical vacation-home buyer in 2006 was 44 years old, had a median household income of $102,200, and purchased a property that was a median of 215 miles from their primary residence; 42 percent of vacation homes were closer than 100 miles and 32 percent were 500 miles or further.
The demographics favor vacation-home sales because large numbers of consumers are in the prime buying ages, and buyers want recreational property for personal use – investment is a secondary consideration.
The reasons listed for purchasing a vacation home by Buyers were:
1. 79% for vacation or as a family retreat.
2. 34% to diversify investments.
3. 28% to use as a primary residence in the future.
4. 25% for the tax benefits.
5. 22% for use by a family member, friend or relative.
6. 21% because they had extra money to spend.
7. 18% to rent to others.
- National Association of Realtors® 2007 -
America’s Luxury Home Builder
Providence
From the mid $300’s…
New Construction Termite Barrier
- A New Home Requirement -
(New Start - May 2007)
A sign of the times?
Some builders are beginning to offer to buy a Seller’s existing home, if the Seller agrees to purchase a new home with the builder.
Something to definitely consider…
CITY CENTRE
Luxury Condo’s, Office & Retail
Kissimmee, Florida
Meritage Homes
- Providence -
From the $270’s to the $440’s