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Tuesday, January 29, 2008

Michigan Real Estate – A Little of Everything

With lakes, forest, farmland, college towns and big cities, Michigan has a little of everything. Fortunately, Michigan real estate prices are on the low end.

Michigan

Michigan is a state of great beauty if the outdoors is your thing. The state borders no less than four of the Great Lakes and has thousands of smaller lakes within its border. Yes, thousands. With all this water come forest and a bevy of outdoor activities. If you prefer the city life, Detroit is in a renaissance. For a taste of the college life, Ann Arbor is the home of the University of Michigan.

Ann Arbor

Home to the University of Michigan, Ann Arbor is a great college town. With a population of roughly 100,000, it is actually a small city but can grow during college football season. The football stadium holds over 100,000, and people from all over the state make a weekend of the games. With the college atmosphere, Ann Arbor is full of interesting little shops, cafes and has an active nightlife. If you’re considering living in a college town, Ann Arbor should be on the top of your list.

Detroit

If ever there was a city that took a beating in the press, it is Detroit. Criticized for an out of control crime problem, the city definitely deserved some criticism in the past. These days, however, Detroit is in the process of turning a new leaf. Over a BILLION dollars has spent renovating the downtown area and crime statistics are down significantly. For comparison purposes, Atlanta and Washington, D.C., have much higher crime rates. The rebirth of Detroit is an ongoing process, so don’t hesitate to give it a look. It may be an opportunity to get in on the bottom floor.

Michigan Real Estate

Michigan real estate prices are surprisingly cheap. A single family home in Detroit will set you back roughly $280,000, while the same home in Ann Arbor is $345,000. On average, the prices in Ann Arbor are the highest in the state.

With such reasonable prices, one wouldn’t really expect to see an exciting appreciate rate in Michigan. For 2005, Michigan real estate appreciated at a miserly rate of a little less than 5 percent.

Real Estate Investing In Belize By Andrew Larder

Any trip to Belize starts fantasies of owning a beach villa, or a jungle resort. There are a lot of North Americans in this English speaking, former English colony.

Belize is known for its reef, the second largest in the world, and the fantastic diving that goes with it. Even beginner divers have heard of the Blue Hole, a famous diving spot. Ambergris Caye, "La Isla Bonita" in Madonna's song, is the main toursit spot.

Along with tourist shops and T-shirt shops, there are real estate shops on the dusty roads of San Pedro on Ambergris Caye. Belize prices can range from as low as $5-10,000 for a beach lot in Corozal Town, a sleepy border town, to much higher prices for properties on Ambergris Caye. The southern resorts like Placencia are somewhere in between, price-wise.

There is lots of online assistance available. Gringos resell their properties, and locals sell to gringos, often through real estate agencies.

As more and more North Americans travel, and with the ease of getting to Belize, and its English speaking, safer roots - there will be more people looking to retire and visit Belize. This should be a continuously appreciating investment with good rental prospects, if you do your home work!

San Antonio Texas Real Estate By Diane Sims

The San Antonio, Texas real estate market is still going strong even after several years of growth.

San Antonio ranks as one of the most affordable cities in the nation to purchase a new home. According to the San Antonio Express-News, "While prices start in the low $60,000s and go into the millions, almost half of all new or pre-owned sales are in the $90,000-$150,000 range. The Texas Real Estate Center at Texas A&M University calculated San Antonio's median price this spring was about $125,000."

San Antonio, Texas routinely ranks between 80-85 in cost of living indexes compiled by various organizations. A 100 score on the index is the average for all cities in the US.

Higher cost of living areas such as cities in California and New England rank between 120-200. San Antonio real estate prices factor into the cost of living, but residents also enjoy lower utility, grocery and transportation costs.

Homebuyers who engage the services of a buyer's agent will discover that finding the right home will be much easier than going it alone. Buyer's agents help clients navigate the San Antonio real estate market by finding homes within a certain price range, area of the city, and with certain specifications.

Residents who wish to rent a house or apartment will also find that there are many choices in San Antonio. Renters can also use an apartment locator service to find the right apartment home in San Antonio.

The multi-family real estate market in San Antonio has also grown over the past few years. There are currently over 700 apartment complexes in San Antonio. According to BuilderOnline.com apartment units under construction as of July 31, 2005 totaled more than 9,000.

Saturday, January 5, 2008

Doral Real Estate - Little Venezuela

The city of Doral is located in the north central part of Miami-Dade County in Florida and lies to the west of the Miami International Airport. It is a new city and was incorporated recently in 2003 along with Miami Gardens. Doral was a formerly census designated place. An area not invested with a municipal Government but having a separate physical entity is a census designated place. The city of Doral got its name from the famous golf and spa resort of the same name located within the municipal boundaries of the area. The spa resort in turn got its name from the combination of its owners’ names, Doris and Alfred Kaskel.

Doral has an area of about 14 mi sq. The most recent estimate informs us that the city has a population of more than 21,000. An interesting fact about the city is that lots of Venezuelans live here and has the highest number of the said population in the United States. Spanish is considered as the first language in Doral and is followed by English, Portuguese and Chinese.

The education system in Doral is fairly good and the city is part of the Miami-Dade County Public Schools district. It has a wide number of public schools, private schools and charter schools. The only university of considerable importance in the city and the vicinity is Carlos Albizu University.

Employment opportunities in Doral are largely dependent on its Government. Posts can be found in the Office of the City Manager, Office of the City Clerk, the Finance Department, the Police Department and more. Recently, increased commercial activity has turned Doral into a busy area. The city’s economy is going through an upswing currently, especially because the city is getting noticed because of its proximity to downtown Miami. Even the Miami International Airport is only a mile away and the nearness to the airport is improving the city’s chances in the arena international trade. In fact it is touted as the most rapidly growing city in the Miami- Dade County.

Doral Real Estate is coming back strong. Doral’s economy has always been an industrial one since the time it was unincorporated. Earlier shippers and freight forwarders would consider this place as a viable spot to build warehouses so that the Miami International Airport could be treated as the nearest loading areas. During the 1990’s the area saw the entry of large developers like Codina and Easton Group into the local market that set up business parks that still play an important part in the economy. Since the economy of Doral is rapidly improving, its real estate market is also going through positive changes. Some of this city’s best communities are Doral Estates, Biarritz Subdivision. There are over 1,000 properties available for sale in this city including single family homes, condos and townhouses. The property foreclosure inventory is higher than ever before with many opportunities to real estate investors. The price of real estate in Doral now can be compared to the rest of the US and even the resale value of property is shooting up. Doral Real Estate will rebound in 2008.

Pembroke Pines Real Estate - Rapid Growth

Located in the Southern Broward County 15 miles from downtown Miami and Fort Lauderdale is the city of Pembroke Pines. Geographically, the city is located at 26°02463N, 80°182493W and is bound by Hollywood to the north and east, Miramar to the south and Everglades to the west. The city has an area of about 35 miles square and is considered to be among the largest cities in Broward County. In terms of land area, it is the largest city.

The place first came into notice in 1960 when it was incorporated. It is situated along the Pembroke Road which is lined with numerous pine trees and takes its name from there. After Hurricane Andrew took place in 1992, Pembroke Pines expanded rapidly as thousands of residents of the Miami-Dade County area shifted here.

The population of the city of Pembroke Pines was more than 150,000 around a decade ago and now the area is growing faster than ever. The Broward County Public schools district serves the area of Pembroke Pines. There are a number of public elementary and middle schools operating in the area with two famous high schools, Charles W. Flanagan High School and Everglades High School forming a part of the education system. The Florida International University has a campus in Pembroke Pines and so has the Broward Community College. The first language of the area is English followed by Spanish, French, Portuguese, Italian and Yiddish. Pembroke Pines has a good transportation system with car, auto and boat transport being the most popular modes for the locals. The US interstate highway is close by and this also promotes the transportation network.

Economically, the city has a bright future to look forward to. Its geographic location ensures that any new business will flourish here. Even the existing businesses can increase their sales promptly. The Fort Lauderdale/Hollywood International Airport is close by, making the area more viable for business deals. There is a huge market for none-durable goods in Pembroke Pines and among durable goods the market is good for machinery, equipment and other supplies. In the retail trade area, automotive industry plays a major revenue generator. Pembroke Pines enjoys an excellent year round warm weather with temperatures in the mid eighties in the summer.

Pembroke Pines Real Estate is coming back. A flourishing economy in the area has helped the real estate market to grow. Property types in Pembroke Pines include single family homes, townhouses, condos, commercial real estate and land. Average price of real estate is $387,000 and as high as $800,000 in some area. Some outstanding communities Pembroke Pines include Durango Estates, Grand Palms, Breakers Estates, Chapel Trail, Victoria Lakes and Panache. The market for real estate is extremely stable here and allows people to experiment with other options. The growth of commercial real estate in the area is an indicator of the fact that businesses will rapidly grow in this city. The number of foreclosures has double in recent months and there are plenty of investment opportunities in the area for real estate investors and also for owner-occupants. Pembroke Pines Real Estate will remain strong in 2008.

Kendall Real Estate - Most Popular In Miami

Kendall is a suburban area situated in the Miami Dade County of Florida and is politically unincorporated. It has been distinguished as a census designated place by the United States Census Bureau. As is common to all census designated places or CDPs, Kendall also lacks a separate municipal Government but is apparently nothing dissimilar to incorporated places. This particular community was named after an executive of the British Land Company by the name of Major Kendall. Its location is at 25°40'0 N, 80°21'24 W and it has an approximate area of around 16 mi sq.

This CDP had a population of more than 75,000 seven years back and is steadily growing. About four languages are spoken in the area of which Spanish is the most spoken followed by English, Portuguese, French and French Creole. Kendall has many sites of attraction throughout and is especially done up for tourists. Several museums, parks and other places of interest are strewn across the city. Famous areas of attraction include Flamingo Tropical Garden, Bass Museum of Art, Frost Art Museum, Barnacle State Historic Site and Oleta River State Park.

Kendall has an advanced education system with numerous schools and colleges forming part of the network. It falls under the Miami Public Schools district and is served by two elementary schools and famous high schools like Felix Varela High School and John A. Ferguson High School. The Miami Dade College also has a campus in Kendall. This place is very popular and in very high demand. In recent months the foreclosure rate has increased dramatically. This area has now one the highest foreclosure rates in Miami.

The economy of this CDP is more or less stable as it is home to one of Miami’s general aviation airports, the Kendall Tamiami Executive Airport. The place has maintained a steady per capita income over the years and at most times the per capita income of Kendall has been more than other places in the US. It is served by a Better Business Bureau and chambers of commerce that serve Jaycees. Several banks operate in the area and provide employment to the local population. Kendall’s economy has seen an upswing ever since transport facilities have improved. The Palmetto expressway is the main artery of the place with exits in 56th Street, 76th Street 104th Street and Kendall Drive.

Real estate in Kendall has seen vast improvement in the recent years. Affordability in the area is high and this is one of the reasons that prompt people to settle here. There are four basic kinds of real estate available, single family residential homes, multi-family residential units, condos and townhouses. There are 54 single family homes and 106 condo and townhouses for sale listed in the MLS in this place. Average price of Kendall homes is about $600,000 while condos can come at an average of $300,000. Some of the best communities in Kendall are The Hammocks, Westwind Lakes, Lime Grove, and Calusa. Kendall is one the most popular places to live and most requested in Miami.