Owners of vacation rentals are reporting that the summer season was a successful one with 68 percent of them reporting occupancy rates of 76 percent or more over the summer, this according to a report released today by HomeAway, Inc. The vacation rental market suffered from the market downturn just like the rest of the [...]
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More than half a million vacation homes were purchased last year, fueled by low real estate prices, attractive mortgage rates and the potential for price appreciation according to research done by the National Association of REALTORS for HomeAway. [...]
Dennis Norman Report looks at impact of the BP Deepwater Horizon Oil spill on Florida Coastal home values According to a report released this morning by CoreLogic the impact of the BP DeepWater Horizon oil spill on home values in the coastal area’s along the Gulf coast is expected to range from $648 [...]
Dennis Norman As the real estate market and industry continues to struggle to try to pull out of the dumps, another blow could come soon from Congress in the form of new tax burdens on real estate. Congress is proposing that all owners of rental properties be required to complete and file 1099 forms [...]
Dennis Norman Sales of existing single-family homes in Florida rose 24 percent in first quarter 2010 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 38,846 existing homes sold statewide in 1Q 2010; during the same period the year before, a total of [...] Dennis Norman By: Dennis Norman Monday I did the first post and yesterday the second post of my E-View with Frank Gregoire, a Florida appraiser and author of Appraiser Active. Frank is often quoted as a source for nationally syndicated real estate columnists and appears as a Francois (Frank) K. Gregoire, IFA RAA speaker [...] Dennis Norman By: Dennis Norman I’m talking of course about Branson, Missouri which, according to the Branson Lakes Area Chamber of Commerce website, is celebrating it’s 50th anniversary of Branson’s first show, “The Baldknobbers”. The Chamber Site also states that the Branson area has: more than 50 live performance theatres three pristin lakes 12 [...] Dennis Norman By: Dennis Norman Recently I finished an E-View TM with Bob Radigan from VIP Realty Group in Florida about the gulf coast market. Bob is also active in another popular vacation market, the mountains of North Carolina. While in North Carolina during part of the year Bob is an agent with Landmark Realty Group. In my [...] |
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