Marian Schaffer

Dear Michael,
Our firm has helped many investors with properties in the southeast. I am not 100% that Boca Raton would be your best choice right now. We think this area will continue to see a decease in property values as more and more people need to sell. Overall the northern area of Miami up to Stuart is a good choice, but timing is especially important right now. Please give me a call and let talk. Or you can email me at: terry@marianschaffer.com.
I work for the president of our company and handle the FL investment markets
Terry Molnar
877-886-8388 - Wed Oct 1 2008, 08:42

Dear Eric, I wrote this reply the other day to a family asking about the Tampa market and I wanted to provide it to you. With all due respect, I do not agree with my colleagues below. I actually think your interpretation of the figures you quoted may be correct. I would like to discuss this a little further. I think the market in southeast FL is beginning to level off but there are so many properties on the market and a lot of them are short sales and bank owned properties. I think this is a good time to begin searching for the right property and area, but I feel strongly that you don't have to rush. This is not "the ideal time to buy", it is the ideal time to be smart, take your time and find the right property.
The Schaffer Realty Group
Marian Schaffer
877-886-8388 http://www.marianschafferrealty.com

Marian Schaffer answered:

Dear Cathy,
Everyone is asking this same question for their specific area of concern. Our colleagues from Vero talk about the market there, and yes Vero still has a lot of property on the market that was purchased primarily by investors. Right next door to the west in Port Saint Lucie, you have over 7,000 homes on the market and the majority of them are short sales. Go across the state to Naples and you will find that sales have been picking up and over all homeowners lost minimal home value over the past 24 months compared to Miami which has seen losses as high as 40%. In Asheville, NC the averages are completely different with about a 1-2% value loss during the past 24 months. Recovery will really depend on inventory, the job market, the mortgage issue and your local market. Data for Tampa seems to indicate that recovery will be moderately slow. The real estate in general seems to have leveled off, but there really isn't anything escalating market conditions to improve in Tampa for now.
I'd enjoy hearing feedback from our colleagues. - Sat Sep 27 2008, 10:09

Dear Cathy,
Everyone is asking this same question for their specific area of concern. Our colleagues from Vero talk about the market there, and yes Vero still has a lot of property on the market that was purchased primarily by investors. Right next door to the west in Port Saint Lucie, you have over 7,000 homes on the market and the majority of them are short sales. Go across the state to Naples and you will find that sales have been picking up and over all homeowners lost minimal home value over the past 24 months compared to Miami which has seen losses as high as 40%. In Asheville, NC the averages are completely different with about a 1-2% value loss during the past 24 months. Recovery will really depend on inventory, the job market, the mortgage issue and your local market. Data for Tampa seems to indicate that recovery will be moderately slow. The real estate in general seems to have leveled off, but there really isn't anything escalating market conditions to improve in Tampa for now.
I'd enjoy hearing feedback from our colleagues.
Sincerely,
Terry Molnar
The Schaffer Realty Group http://www.thesouthernwayoflife.com - Fri Sep 26 2008, 17:53

Michael,
I am going to refer you to Cindy at Hummer Real Estate. She is amazing at getting the deal done.
Please email me you name, email address and phone number.
We had a buyer she just completed helping and it went very well.
Marian Schaffer
The Schaffer Realty Group
email information to my partner at terry@marianschaffer.com - Mon Sep 22 2008, 05:37

Dear Beda,
Well have you hit our button!! This is all we do all day long. We spend every minute of every day understanding the areas you just listed. Depending on so many factors, I can think of a handful of places you should consider. I am surprised that Johnson City was on your list and would love to hear your reasoning. What about Asheville or Waynesville, NC? Both are great places to consider also. Their are many communities around Knoxville that you should consider also. Let's talk and learn more about what your life and personal expectations are so we can help narrow down your search.
The Schaffer Realty Group
Marian Schaffer
email my partner at terry@marianschaffer.com or call us at 877-367-8773. We would truly enjoy helping you. - Sun Sep 21 2008, 18:48