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Nesgroup address: alt.real-estate-agents - Date & Time for the message: Tue, 22 Feb 2005 08:05:52 -0500
/ Author of the message: "homan4" |
Title of the message: |
Re: What is going on with the market?
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Text of the message: |
Several factors ar at play here. Due to last fall's storm damage, the price of building materials has increased the cost of new construction by almost 20% in some areas. Additionally impact fees have been added to new construction, further driving up the cost. Some areas have greatly restricted furhrt subdivisions to curb growth in hopes of keeping impact fees down. Sales of existing homes has to use Daytona terminology "drafted" behind the leaders, keeping the difference between new and exiting homes at less than 10%. In short the law of supply and demand has taken over. Demand is hgh, supply is being artificially reduced due to mateials shortages and additional regulation of new construction. Other factors that cause this arre the difference in home prices in Florida from the north such as New York, New England, Chicago, Minesota, etc.. People get more home for the money in Florida, and property taxed are about |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.