Archive for September, 2009

Putting Real Estate Into Perspective

Sunday, September 27th, 2009

The last quarter of 2008 and the first quarter of 2009 have proved to be the weakest real estate market in the longest time. As April rolled around a glimmer of light and heightened activity seemed promising and hopeful. Deals happen when Buyers and Sellers have a meeting of the minds. Based on opinion Sellers seem more hopeful about selling their properties but buyers seem to be a little confused and are choosing to be more cautious rather than aggressive in offering the big bucks that the sellers would readily accept. They seem to be fine in paying the market value for the properties today but they don’t want to pay a premium. Real estate sales are more closely connected to the job market, lending rates, credit, and rental rates. If you can and have an inkling to, now is the time to invest in real estate. The inventory out there which encompasses a lot of properties does not appear to be increasing without the possibility of sales on the other end to counterbalance. As the inventory continues to decrease, even at a slow pace, the demand for quality real estate deals will rise. Not until the inventory diminishes to a much, much further degree, will prices start to rise. But we have to start somewhere, and baby steps are the way to go. Unfortunately, financing is still an obstacle for buyers, as banks continue to be stingy with lending. Without good credit you pretty much are out of the running. Once again cash is king. Banks are constantly changing their lending requirements and everyone involved in a transaction remains in a state of limbo until the deal closes. Short sales and foreclosures are at an all time high and dominate the market out there. So many people who invested in real estate for a variety of reasons must now get out so with a lot of time and patience many good deals are possible. Deals are happening and buyers and sellers are happy with the end transaction results. The opportunities are out there for both sides: the buyers who want to take advantage of a great deal and the seller who now feels free from financial burden and hardship. Buy, sell, rent own; look at your lifestyle, your needs, and your financial status. Assess your individual situation and let us help you make the right real estate decision for you, from your perspective, and your investment in your future.
by
Susan Koslovsky

Small Boutique Office Is The Way To Go

Sunday, September 13th, 2009

Personal attention with a fl air for details, professional agents, and longevity in the community are the strong characteristics that make up Koslovsky Realty, Loyalty to our clients, our agents and associated professionals such as attorneys, mortgage brokers, and inspectors and contractors add to the strength we bear. Top that off with awareness and giving back to the communities around us and we are proud to be known as the small single agency boutique office who works for you and not just the transaction. We often have to remind ourselves how much time has passed and that we are here in Sunny Isles Beach for 29 years, Where did the time go? So many deals, clients, properties…so many, many to reminisce about with mostly fond memories. When other offices have chosen to explode with the number of agents and branch out with multiple offices. we have chosen for all these years to remain small, selective, and unique. Offering very hands on approach to everything we do here from listings to processing to closing the deals, this is where we spend our days and the evenings quite often. We like what we do and are proud to say we do it well. As the market hit an economic snag we regrouped and emerged even stronger then before. With a Broker who professes that he loves what he does, the energy that follows with everyone else can be infectious. Details with a personal touch for everything including the coffee you may like to drink and the time of day you need to pick up a key to arranging movers and contractors for you as well are part of our persona. Our agents we continue to tell you are second to none. Two new professionals have joined our team recently and they very welcomed additions to our office. Numbers are not what we are about except when it comes to success in deals. Don’t let the size of our office fool you. We pack a powerful punch and we can say with confidence you will feel secure in our care. “Large enough to serve you….small enough to care.” That’s our motto and we’re sticking to it.
by
Susan Koslovsky

Don’t Let These Great Opportunities Pass You By

Sunday, September 6th, 2009

As the summer winds down and Labor Day Weekend approaches everyone seems to shift into a different mode. School has begun again and the Holidays for many are just around the corner. Decorations for Halloween are already out in the stores and everyone is talking about how quickly the first two thirds of the year have gone. Time is passing but real estate purchase and sale possibilities are always available for your consideration. With prices at probably the lowest they have been and will go, people are now seriously thinking about opportunities they never thought they would. Short Sales and Foreclosures are the words of the day and with patience, perseverance and some cash in the bank, you too can feel like a “Rockefeller” or a “Donald Trump.” Sellers are definitely more open to offers and making deals than ever before. They realize the inventory out there is vast and they will have to consider each offer with careful scrutiny. Many conservative clients are out there looking at alternatives to their current home situations before they present their homes on the market. This gives them the chance to really digest what awaits them when the security of the sale of their home takes place. With so many luxury properties available for rent, many of the home sellers are taking the plunge and enjoying a “try it” lifestyle they never thought they could or would consider. Condos on the ocean that should sell for over two million dollars with maintenances at extreme highs are now affordable to many as they choose to rent instead of own. Most of these luxury apartments have never been lived in and the amenities are too numerous to mention. One check to pay each month but endless amounts of perks. No headaches, no real estate taxes, no maintenance fees…one can only dream and imagine. Each person’s situation is unique and we are confident our office can handle all the needs you may have. We boast a small boutique atmosphere, with agents who will give you the attention you need. As a Single Agency we represent you, and you come first. Give us a call for a confidential assessment of what you may be considering.
by
Susan Koslovsky