Warren Buffet, billionaire investor extraordinaire and CEO of Berkshire Hathaway received a lot of slack given his predictions last year that a housing recovery would turn around in a years time. He admitted he was “dead wrong” with those comments but is still a fan of the investment potential within residential real estate. He believes [...]
One of our favorite quotes at Naples Meridian is “There is blink luck, dumb luck and then there’s get up every morning at 5:30 and sweat the details luck. Few people actually stumble into wealth. It takes persistence, tenacity and a tireless work ethic. In the end, luck has little to do with success. It [...]
British buyers have historically longed for the solace and sunshine in Florida. From 2005 to 2007 countless UK tour operators arranged housing holidays in Florida for British citizens. Second home expositions such as the wildly popular “A place in the Sun” is hosted twice a year in London and the Florida booths are always buzzing [...]
International buyers have set their sight on Florida real estate. A stroll down busy streets or the beaches offers a glimpse into the variety of cultures that now call Florida home. Canadians, British, Brazilian and German citizen flock to Naples every year, yet a wider spectrum of nationalities are represented throughout the state. According to [...]
The federal government has stuck to their guns to support the reduction of home mortgage loans that they are willing to purchase. Fannie Mae and Freddie Mac will step in to buy loans for a maximum figure of $ 417,000. The Naples-Marco Island area where limits were previously set at $ 531,250 and have been reduced to $ 448,500.With these revised limits the natural course of action may be to look at the new realm of jumbo financing that begins where……
It was time to take a trip over the pond to Ol’ Blighty….to see some friends and reconnect with colleagues. After having worked in the London property market for five years and been away from it during the past two turbulent years we were interested to see how the country had coped with the austerity measures put forth by the coalition government and wondered about the true sentiment of the economic environment.
We are so pleasantly surprised that the general consensus is positive..almost optimistic!