Outdoor Kitchen - Trendy in Florida

In many countries only indoor kitchens are known. In Florida this is different. In the State of Florida we have nice warm weather all year long and in the evenings we enjoy the smooth evening breeze in the backyard in the outdoor kitchen.

Such a kitchen is like the little sister of the indoor kitchen and it extends your house into the backyard. The kitchen has cooking and heating tops, a sink, a smaller fridge and preparing space like its big sister indoors.

The only difference is the main function of the outdoor kitchen: it is the socialized preparing of a meal for family and friends. Everybody in the yard can be included in this cooking experience. While the indoor kitchen is used as a storage area.

The only thing that is often missing in an outdoor kitchen is a pizza oven. However, despite that the outdoor kitchen trend is growing and it is a great feature for the sale of a home.

You want more information? Please contact us at
andrea@florida-informations.com   

55+ Real Estate Market is strong and healthy

In the United States real estate market there is a specific market segment that addresses the needs of elder persons and this market is strong and growing during the last years. This trend is expected to keep an upward trend for the future.

The demographic development shows that the population is getting steadily older and the people live longer. The children have left the homey nest and have children of their own. The group I am talking about are active people who are turning 55 and are now eligible to live in the age restricted communities. Such a market segment is not in every foreign country known and you cannot compare these complex with nursing homes. The owner of such a unit is living an active life and often belong to the active workforce in the region.

The existing units in these complexes change often quickly from one owner’s hand to the next. Therefore this market segment becomes more and more interesting for new construction developments and the developers are exploring their opportunities in this market.

The available properties in these communities – that can be a condominium or a small single family home – are in comparison to other properties very affordable. The maintenance fees in these communities are moderate. The community complexes are mostly central located and have shuttle bus services to all important place in the municipality. In the 55+ community itself there are many amenities available that make the active life of its residents very pleasant. These communities have often entertainment centers with dancing events or music performance, tennis, golf and several pool areas indoor and outdoor and much more for everyone. 

When you are interested in such a unit you can contact us at
andrea@florida-informations.com  

The housing market in Florida is back

Finally the recovery of the real estate market has reached the normal balanced market trend. A balanced real estate market in Florida is an inventory of 5 to 6 months. That means the new listing number is higher than the sale number and the available properties in the market would be sold in the next few months.

The available market data also show that after the rapid home price increase in 2013 this trend goes back to a normal level of 4 to 5 % annually. Based on the moderate price increase the home buying and flipping of house is no longer attractive for some investors in the market and their engagement is declining. The foreclosure rate is also on a low level and the shadow inventory that comes with this kind of real estate action is falling.

The new construction is showing an upward trend especially in south east Florida where most of the international buyers are making their real estate investments. The international buyers have a strong market position in the sales numbers.  

There are still good deals in this real estate market. However, you have to make your move now when you are interested in a good purchase deal.

For more you can contact us at andrea@florida-informations.com

Make sure to choose a licensed real estate professional

One of the biggest industry in Florida is the housing market and it offers many individuals a job opportunity. To work in this field you have to be licensed by the State of Florida.

To get a real estate license in Florida you have to study the business objectives and must take the state exam for this industry field. This license exam is not an easy task. That show the following numbers: 50 % of the people who try to achieve their license failed the first time. Even at the second time still 66 % of the examinees failed again.

However, there were still 24,000 examinees successful in the last year and got their license for their profession in the real estate.

That is a huge number. When you are looking for a real estate agent, please keep in mind that you have to look for the matching agent for your needs. Not all agents are the same. To find the best fitting agent you need to know what are your real estate goals and your financial investment amount. A knowledgeable and experienced agent will be happy to assist you with all your needs.

To get started and find this fitting agent this book is the first step to your success (English and German available): 
 http://www.amazon.com/Your-Residence-Paradise-Property-Purchase/dp/0986252913/ref=sr_1_1?ie=UTF8&qid=1427503424&sr=8-1&keywords=your+residence+in+paradise

The Florida economy is rosy

After a hard time during the recession where many jobs were lost, company went bankrupted and closed and the housing market staggered, are over. As stimulus measure the Sunshine State focused on it primary values – the sunshine, their housing industry and workforce - and started economic actions that are now show great success.

The counties Miami/Dade and Fort Lauderdale started expansion and updated their ports and airports to become the main hub and connection point for the worldwide and South American trade and transportation lines. Fort Lauderdale for example expanded their port capacity not only for freight but also for the cruise industry.

The Fort Lauderdale Airport Management has nearly finished its major renovation project and in fall 2014 the new extended runway was opened for the air traffic. These projects created thousands of jobs and brought the unemployment rate back to a normal level. The hospitality and housing market is back too and offers countless job opportunities to the citizens.

It is expected that this trend will last or even get better because the Panama Canal is also under expansion construction and will give a further boost to the ports and the economy in South Florida.

For further details you can reach us at info@florida-informations.com .  

Foreclosures are back to normal

Since the burst of the real estate bubble with all its impacts on the housing market, Florida is back on its normal pace. However, Florida is still at the top of all states with its foreclosure numbers. The numbers are on the lowest level since 2006 and only 2.3 % of homes that have a mortgage are in default. This is great news after the horrific years.

However, there are still 4 Florida cities at the top list of foreclosure numbers. One is close to home: Miami and the other three are in the middle region: Tampa, Orlando and Melbourne-Titusville.

Florida is still on the top when it comes to the time period of the foreclosure proceedings. It takes the banks nearly 2 ½ year to take passion of a financed property. That is bad for the banks but good for home owner because they normally stay in their home.

For more information about your opportunities you can reach us at andrea@florida-informations.com

Florida’s Economy is growing

During the recession Florida was one of the hardest hit state in the United States. The state has one of the highest unemployment rates, the housing sector was a disaster, manufacturing had decrease and the tourists and visitor numbers also went down. Based on the market down turn the retirees could not afford to come down to Florida and enjoy their retirement as they had planned before the recession. This had a negative impact especially for the southwest region of Florida which is preferred for the retirement.

This hard economic time is over and each day more than 700 people move to the Sunshine State. This number adds up to more than a quarter million a year and that gives the housing market a big boost in that area. The low rate mortgage opportunity help the new retired home owners to buy a home here in the sun.
 

This new home requests helped the housing market to improve. This economic improvement also triggered new developments in the Sarasota area and the existing home value moved into a positive direction. The economic movement assisted the job market to recover and made unemployment rate to decline. However, after the more dramatic improvement of the overall economic data, this trend will go to a slower pace in the near future.

For more information contact info@florida-informations.com