Sunday, September 25, 2011

Natal, Brasil Land Development


Nestled between the Beach of Tabatinga and the Lagoon of Arituba and only 25km south of Natal, Brazil (Rio grande do norte). Natal will host the 2014 FIFA World Cup and is often referred to as the City of Sun that enjoys 360 days of sunshine year round and an average temperature of 83 F. Considered one of the safest capital cities in Brazil and yet more than any other city in Brazil, Natal also offers easy access to Europe and North America through frequent direct flights from a host of International cities.

The beach of Tabatinga is considered by many to be the best region on the North East coast of Brazil with a natural Lagoon that provides for a magnificent sunset. The architectural project provides for 96 condo that include ocean views of the lagoon of Arituba all with in a building lot 8732,00 m2. The condominium is composed with 8 building which 3 floors and 4 apartments in each floor. 64 apartments with large terrace 77,83 m2 total (2 bedrooms with 1 suite,2 bathrooms, American kitchen ,living room). 32 penthouses with private roof terrace and Jacuzzi of 150m2 total (75m2 apartment and 75m2 roof terrace) Facilities condominium: swimming pool, 24h security , parking , sauna, academy, solarium, deck, communal barbecue area and playground.

Wednesday, June 15, 2011

Housing Market Remains Balanced in May, 2011

• The Canadian housing market remained well balanced in May with both sales and listings relatively stable in the month. Canadian existing home sales fell for a third consecutive month in May, edging down by less than one percent according to the Canadian real estate association. With listings relatively flat, the sales-to-new listings ratio was 52.5 in the month, basically unchanged from April’s 52.1.

• On a regional basis, the story changes. The weakness in sales activity was largely driven by a drop-off in sales in Vancouver and Ottawa. Vancouver sales have fallen for three consecutive months. On the flip side, sales in Toronto and Edmonton increased in the month – although bouncing back from declines in the prior month.

• The price of an average Canadian home increased 8.6% from year-ago levels to reach $376,871 in May.
Key Implications

• There has been a glut of new listings through most of this year. The result being sharp price increases, despite relatively weak demand. At the national level, home sales have fallen roughly 5.7% from levels reached at the start of this year. While CREA states that the majority of housing markets in Canada remain well balanced,
relatively tighter markets in Vancouver and Toronto continue to put upward pressure on prices. Home sales in these areas remain historically high, but have shown some signs of easing over the last few months.

• Overall, the Canadian resale housing market will likely remain well supported through most of 2011 by a continued low interest rate environment. Nonetheless, expect a more moderate pace of home sales and price action than was experienced over late 2009 and most of 2010. For one, the effects of tougher mortgage insurance rules put in place in mid-March will likely start to have a more noticeable impact on demand through June. Second, despite low interest rates, rising prices in certain cities – for example, Toronto and Vancouver – have led to a deterioration in housing affordability. Overall, we expect home sales to fall by 3% through
2011.

• In our view, home prices are roughly 10% overvalued, and the resale housing market is due for a soft landing. As interest rates begin to climb through 2012, a further deterioration in housing affordability will weigh on demand, and home prices are expected to fall 10% peak-to-trough. Housing weakness will be greater in Vancouver, where the overvaluation in the housing market is the greatest. Home prices in Vancouver are expected to fall 16% peak-to-trough in 2012.

• That being said, continued improvements in the Canadian labour market, and only gradual increases in interest rates will help the resale housing market avoid a “hard landing”.

Monday, May 9, 2011

Rare View - 2 bdrm Roof Top BBQ Garden Terrace.



I have sold or viewed a lot of properties in Vancouver
and yet never have I seen a property with a view like this, particularly for under $400,000. The view alone is work $50-100,000. I am holding an Open House every Saturday from 2-4 pm. The rare 2 bdrm Penthouse that includes a 360 degree panoramic roof top terrace view of North Shore Mountains & downtown is a steal at $399,000. Includes a $9000 finishing package, all S.S. kitchen appliances and ensuite laundry, plus quality Maple laminate flooring - and just 7 minutes to Downtown Vancouver while only 5 minutes to the freeway & North Shore. This central location cannot beat and great local shopping. Your own private roof top terrace with 252 sq ft, plus a downstairs balcony off the livng room.

Thursday, May 5, 2011

Development Opportunity Natal, Brasil




Nestled between the Beach of Tabatinga and the Lagoon of Arituba and only 25km south of Natal, Brazil (Rio grande do norte). Natal will host the 2014 FIFA World Cup and is often referred to as the City of Sun that enjoys 360 days of sunshine year round and an average temperature of 83 F. Considered one of the safest capital cities in Brazil and yet more than any other city in Brazil, Natal also offers easy access to Europe and North America through frequent direct flights from a host of International cities. The beach of Tabatinga is considered by many to be the best region on the North East coast of Brazil with a natural Lagoon that provides for a magnificent sunset. The architectural project provides for 96 condo that include ocean views of the lagoon of Arituba all with in a building lot 8732,00 m2. The condominium is composed with 8 building which 3 floors and 4 apartments in each floor. 64 apartments with large terrace 77,83 m2 total (2 bedrooms with 1 suite,2 bathrooms, American kitchen ,living room). 32 penthouses with private roof terrace and Jacuzzi of 150m2 total (75m2 apartment and 75m2 roof terrace) Facilities condominium: swimming pool, 24h security , parking , sauna, academy, solarium, deck, communal barbecue area and playground.

my real estate report: Terrific Buys, Strong Canadian dollar lures Canadi...

my real estate report: Terrific Buys, Strong Canadian dollar lures Canadi...: "Western Canadian investors armed with a strong dollar are hunting for trophy properties amidst the depressed U.S. commercial real estate ma..."

Terrific Buys, Strong Canadian dollar lures Canadian investors into U.S. commercial real estate.

Western Canadian investors armed with a strong dollar are hunting for trophy properties amidst the depressed U.S. commercial real estate market.

"The loonie's strength at the same time when U.S. real estates are 'on sale' has not occurred in a generation," said Greg McPhie, managing partner of NAI Commercial in Vancouver. This has made the U.S. prime territory as asset prices have fallen and Canada's investment firms have begun hunting for acquisition opportunities.

The examples are many: Canada Pension Plan Investment Board's investments in New York and Washington, D.C. last year, as well as acquisitions by Riocan REIT and Artis REIT that have been matched by smaller investments across the U.S. Sunbelt by Vancouver developer Onni and syndicator Sunstone Realty Advisors Inc.

"California is on that list, but Arizona seems to be where I'm hearing 'Canadian investor' coming up,"said Ross Moore, director of research, North America, for Colliers International. “We’re in that sweet spot window where I think it works for both sides,” Moore explained. “The guys who are selling don’t feel that they’re selling at the absolute bottom, and at the same time I think that the investors who are going down there still feel like they’re getting good value.”

Ed Sonshine, president and CEO of RioCan REIT, said that prices have “snapped back,” on both sides of the border, noting that RioCan dropped out of the bidding for a U.S. portfolio when the price tag rose too high. “You knew prices would come back but I don’t think anybody knew they would come back this quickly.” In Canada, RioCan is looking to development and the recognition that there is not enough space to house the new, mainly U.S. retailers, earket. “There ain’t much vacant space in the retail area in Canada.” As for the U.S., he anticipates corporate opportunities as many rivals there remain capital constrained.

For a full report on Canadians investing in the U.S. commercial real estate market, see the May issue of Western Investor.

Monday, April 4, 2011

Home Buyers and Sellers Enter the Housing Market At Near Record Pace in March

Vancouver, BC - April 4th, 2011 - Activity in the Greater Vancouver housing market continued to increase in March with both the number of homes sold and added to the region's MLS service reaching near record levels. Property sales of detached, attached and apartment properties within the GVRD reached 4,080 in March 2011 and represents a 31.7% increase over the previous year during the same period. Interest rates by the TD bank are expected to increase tomorrow and other lenders are expected to follow.

Monday, March 28, 2011

The Bottom Line

United States

• Risk appetite was on themend this week with stockmarkets recouping all of last week’s losses. Even the disappointing U.S. housing data released this week did not push markets down.

• Existing home sales in February gave up some of their previous gains, but a nascent recovery seems to be taking place as the overall trend remains upwards. In contrast, new home sales do not show any signs of turning around. The divergence in trends is not surprising, as the new market faces fierce competition from foreclosed homes, which
sell at a discount.

• But, this week also delivered some good news about initial jobless claims. The four-week moving average, a less volatile gauge, dropped to its lowest level since July 2008.

Canada

• Three government budgets were on tap this week: federal, New Brunswick, and Saskatchewan. The first (our analysis here) is unlikely to pass, bringing about a likely federal election in early May. The other two offer a stark contrast in provincial fortunes, with a slew of fiscal austerity measures in New Brunswick (our analysis here) while further tax relief was provided in Saskatchewan (our analysis here). With few expectations of either tax relief or sharp austerity,
the Ontario budget, forthcoming on Tuesday (our preview here), will likely sit somewhere in between.

• Canadian retail sales fell by 0.3% M/M in January. Volumes fell by 0.6% M/M. Consumer durables such as vehicles and home-related items led the way down. This was a second consecutive broad-based monthly decline, providing further evidence of consumer fatigue at this stage of the economic recovery – which is a dominant theme in our forecasts. Thankfully, other sources of economic activity such as business investment and exports are still likely to push real GDP growth above 3% in the first quarter.

Friday, December 17, 2010

2011 will be the best time to buy property in the UK, survey reveals


Considerable uncertainty remains in the UK real estate market but the public considers the best time to enter the property market to be within the next year, a new survey suggests.

The immediate outlook for the housing market remains uncertain but 43% believe it is currently a good time to buy property, while 26% think it is not and 24% have no opinion either way, according to the December 2010 Property Tracker survey from the Building Societies Association. This compares with a year ago when 58% agreed it was a good time to buy.

On average, property prices are expected to be flat next year. The median price prediction is for prices to be the same level in a year’s time, although 33% thought that prices would rise, while 36% believed prices would fall in the next 12 months.

The survey also reveals that a substantial proportion believe property remains overvalued with 38% of respondents thought that properties in their area were over priced, with 25% believing that properties were over valued by 10% or more.

However, most people would not wait long to enter the market, if they were able to. Some 59% would buy immediately or within the next year, given sufficient resources, and a further 11% would buy in the following twelve months. Some 12% would wait for two years or more. This suggests that even if prices are due to fall, most people expect them to bottom out within the next one to two years.

‘Although the housing market remains uncertain, the public does not expect house prices to fall as dramatically as they did two years ago. As such, many expect that the best time to enter the market will be in the next year or so,’ said Paul Broadhead, head of Mortgage Policy at the BSA.

‘However, barriers remain that might prevent potential buyers from acting on these perceived opportunities. Worries persist about job security, the ability to raise a deposit, and obtaining a mortgage from lenders. These factors might inhibit demand for house purchase from growing as strongly as it might,’ he added. (Dec. 17th,2010 Property Wire)

Wednesday, December 15, 2010

Looking for ways to buy into the HOT property markets?

I will show you how to access your own money today!

REGISTERED RETIREMENT SAVINGS PLANS (RRSPs)
Did you know there is an innovated way to put RRSP savings to work today - without losing the tax benefits while still preserving your nest egg for retirement? it is known as the ifinance program, an inovative idea that enables Investores to borrow the full value of their RRSP, locked in pension, or locked in retirement account (LIRA), while simultaneously perserving their capital and actually helping it grow. Ths is a three step process. If you would like to learn more about the i-Finace Program you may contact us at independentmedia@shaw.ca or +1-604-781-0775 for further information that we can provide you with.

Tuesday, December 14, 2010

RBC HOME MORTGAGES AVAILABLE TOWARDS U.S.A. PROPERTY PURCHASES


RBC Homeline Plan is a smart, convenient way to manage all your personal credit, from your mortgage t outstanding balances on loans and lines of credit.If your an existing home owner with at least 20% equity in your home, or your looking to buy a home in the U.S.A. and have a 25% down payment, this may be the right solution for you.

Let equity in your home work for you!

As of December 14th, 2010, the rate for such a loan is Canadian Prime plus 0.5% or 3.5% variable. This rate fluctuates, however, prime is considered stable for now. Loans on securities can be arranged.

Monday, December 13, 2010

Financing Available for Canadian Buyers Purchasing in the U.S.A.



Canadians have many options to finance their U.S. property through the Royal Bank of Canada (RBC). Associated Realty of the Americas (AREA), an international referral association in partnership with Atlas International, has made arrangements for its members to offer financing through RBC Canada or USA towards U.S. property purchases.

If this interests you, I can provide you with an informative power point presentation. For further details, please email Donna directly at dwerbes@gmail.com or Nick Walker at independentmedia@shaw.ca. Traditionally, Canadian citizens have found it very difficult to receive financing through U.S. Banks. RBC provides a much needed avenue of support for Canadian Buyers.

Wednesday, November 3, 2010

Canadians Buying A Piece Of America


A recent study done by the National Association of Realtors showed that Canadians have purchased 23 per cent of all real estate sold in the United States in the year ending March 31. That is more than any other foreign country. Mexicans came in at a distant second with only ten per cent followed by China, the United Kingdom and Germany, all purchasing around 8 percent of the American housing market.

Association president Vicki Cox Golder, owner of Vicki L. Cox Real Estate in Tucson, Arizona says. "While all real estate in the U.S. is local, the same is not true for property owners." She also adds that, "A large majority of realtors report the changes in value to the U.S. dollar have had a strong impact on the international real estate business. In addition, perceptions abroad about trends in the U.S. real estate market have led many international clients to believe purchasing a home in the U.S. is more affordable than in their country and holds more value."

The results of the survey done by the National Association of Realtors also showed that the average single-family home sold for $219,400 US, down from $247,100 US in 2009. With a combination of falling home prices in the U.S. as well as a strong Canadian dollar, the incentive for international buyers is most certainly there. Most of the foreign purchases, a total of 53 percent, occurred in the 'sun belt' locations of California, Texas, Arizona and Florida, but purchases were made in 39 of the U.S. states in so far in 2010 and if prices stay where they are and the Canadian dollar continues to climb, 2011 is very likely to bring the same outcome.

With housing prices down with our southern neighbours and up in our own country, it is not difficult to see why home purchases in the U.S. are being viewed as investments. Many purchasing homes are doing so with the idea of using these properties as rental income. Even the new stricter rules and bank regulations have not stopped many people from purchasing homes to turn a profit. Purchasing a home is a large personal investment many will make at some point in their lives. If you are one of the millions of Canadians considering a home purchase, now may be a really great time to look at property south of the border and get in on a good opportunity.