BOATS... BOATS... BOATS

BOATS... BOATS... BOATS
West Palm Beach

Friday, December 28, 2012

GENERAL INDICATIONS OF A FORTHCOMING ROBUST HOUSING MARKET


• Home prices could jump almost 10% in 2013 (J.P. Morgan)

• S&P/Case-Shiller home price index shows biggest year-over-year increase since spike caused by expired tax credit

• Existing home sales for November rose 5.9% over October, 14.5% higher than in November 2011 (National Association of Realtors)

• 2012 Housing starts are 23% higher than 2011 and 2013 predicted to usher in a 21% gain over 2012 (National Association of Home Builders)

• Inventories are low and demand is rising – 22% below last year’s levels of traditional listings and distress properties (National Association of Home Builders)

• Positive consistent reports are out on housing starts, permits, prices, new-home sales and builder confidence in recent months indicating a gradual but steady housing recovery is underway across most of the nation (National Association of Home Builders)

• Existing home sales are at the highest level since November 2009

• Foreclosures and short sales accounted for about 22% of November sales, down from 24% in October and 29% in November 2011

• Builder confidence has posted gains for 8 consecutive months and is now at 47; the NAHB/Wells Fargo Housing Market Index has not been above 50 since April 2006

• Rental market has greatly enlarged due to demand and more than 31% of today’s renters plan to buy a home in the next two years, a 9-point increase from 22% in January 2011 (Trula’s American Dream survey)

  72% of “Millennials” (18-34 year olds) have home ownership as part of their personal American Dream.  About 93% expect to buy a home one day
 
 

Sunday, December 16, 2012

HISTORIC HOME MOVED TO GRANDVIEW HISTORIC DISTRICT AND COUPLE WILL RESTORE IT


1924 Historic Home bought by young couple
who want to restore it, and moved to
Grandview Heights historic district in
West Palm Beach  



 Home is 3600 sq ft, Mission style.


Demolition had been planned.
This house will fit in well with
other homes in the 1200 block
of Florida Avenue.   


We hope to bring you more information
in the future of the "fix up" and
restoration that is being done.  





Saturday, December 01, 2012

MONEYRATE.COM RANKS TEN BEST STATES FOR RETIREMENT

10. Texas (tie) — warm weather and solid economy
10. California (tie) — good weather and high life expectancy
9. South Dakota — low crime rate and high life expectancy
7. New Mexico (tie) — good weather
7. Florida (tie) — good weather
6. Colorado — high life expectancy
5. Virginia — good economy
4. Arizona — good weather and high life expectancy
3. Utah  — good economy
2. Idaho — low crime rate and good economy
1. Hawaii — great weather and high life expectancy