St. George Island Real Estate Market Part 1

    The Forgotten Coast, located in the Panhandle of Florida, stretches from Alligator Point (south of Tallahassee) westward to Mexico Beach.  The name was coined in the early nineties when a Florida tourism group “forgot” to include information about this area on their map.  This prompted a local group to create their own brochure and map…

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      Multi-family Real Estate Market Q4 2007

      In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008.  Unfortunately, there has not been any news that changes our belief.  Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on August 16…

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        What Is A Short Sale?

        A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank.  In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance.  That is, even though the property has been sold to…

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          Real Estate Investment and Aqusition 2007 Forecast

          As I wrote in my previous article, 2006 was the year of the private investor.  Will 2007 be another year for the private investor?  Equity funds and institutions have recently surpassed investments from private investors.  This trend is unlikely to slow anytime soon since pension funds still report a great deal of pent-up investment demand.  But…

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