Florida Trend Staff | 3/27/2012

Inventory is down, but prices are anemic in the Treasure Coast. For the year, single-family home sales fell 6%, but the median price stayed level at $108,200. Condos saw just a slight dip in sales volume and a 6% rise to $85,600 in median sales price. “It’s stabilized,” says Sarah Taylor of RE/MAX Masterpiece Realty in Port St. Lucie. Taylor reports seeing a fair number of out-of-state people in their 50s buying now while prices are low. Buyers plan to rent their new purchases until they’re ready to retire.


    As a seasoned real estate investor I have used bank financing, hard money financing, mortgage loan brokers to fund my deals. Because these are very limited in the type of "loans" they are allowed to sell they can only accommodate a certain few types of real estate deals.

    For individuals who like to "keep their money working" through these "lenders", thinking that their investment money is more secure through them miss out on investments "secured by real estate", (just as secure as the lenders deals) some deals will have much greater returns under terms that can keep your money longer and that you decided upon.


    January 2014