DeMoya, Tewes & Associates Blog

We Are Growing and Expanding
July 9th, 2008 10:13 PM

Today’s financial and real estate market is certainly going through some landmark changes. This market is going back to the basics that made the real estate market in the United States a solid investment for most large investment firms and banks.

At the DeMoya, Tewes and & Associates we are growing while others are closing their doors. Careful cost saving strategies and intense focus on our customer’s needs has giving us staying power. We have combined a series of services to provide our customers with timely and more cost effective strategies which primarily leads to fast closings.

Is it time to buy in today's market? For commercial and residential properties this is a great time to buy, coupled with our comprehensive service programs you can be assured of fast and cost saving transaction. Our new foreign national finance program is also a welcome addition to our financial services.


Posted by Michael DeMoya on July 9th, 2008 10:13 PMPost a Comment (0)

Florida's Gold Coast Still Holds Some Gold
August 4th, 2007 9:11 AM
Despite the numerous projects in Miami Beach and the thousands of condominiums on the market from West Palm Beach to South Beach Florida's know as the "Gold Coast" will undoubtedly bounce back strong, it will take some time. Why? The beach, the weather and the fact 78 million baby boomers will soon or are starting to retire. Not all will want to enjoy a place on the beach. If only .05% of the baby boomers consider a place on the beach it will take up almost all the existing inventory in the market today. This does not include any other types of buyers from the local market, or foreign countries. The golden rule in real estate is location, location and location. The Florida gold coast is the location of choice and future value, so keep your sun block close by.

Posted by Michael DeMoya on August 4th, 2007 9:11 AMPost a Comment (0)

What Goes Up Must Come Down - Real Estate Is No Different
August 1st, 2007 5:58 AM

When the market started to slow down in the last quarter of 2005 I knew that prices would drop dramatically. Due to the simple fact that many purchased properties to resale it again. When you have properties with plenty or equity and many would like to sell the market now converts to a buyers market, in other words you have more sellers than buyers. As homeowners start to compete with local residents for the same buyer, prices start to drop as what is happening. I believe we could have a softer landing if the libor was back to the original rate. This would at least soften the landing of the market.

Plan you exit strategy when selling your home carefully. Remember that the market dictates what your property is worth. A knowledgable and experienced agent can provide ample information in educating you what the market is willing to pay and how your property will compare to others on the market. Common sense dictates that you need to be comparable or better both in price and features. The key to success is the right evaluation. Timeing is everything. With few buyers on the market it's important that you will always be the first or second consideration when a buyer rolls around.

 


Posted by Michael DeMoya on August 1st, 2007 5:58 AMPost a Comment (0)

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