Florida Real Estate News

 If you weren’t aware, the federal government has been offering a first time home buyer credit of $8,000  when you buy your first place.  Unfortunately, if you aren’t already actively involved in looking and making offers, the time to get that credit is soon to run out.  “Act Now” as they say on TV.

More good news may be on the horizon though.  We’re hearing word and seeing more evidence that some legislators are considering extending the $8,000 first time home buyer credit and adding a provision for existing homeowners to get a $6,500 credit for moving up.  Though it’s clear that many others are now buying in Florida and elsewhere, an extension and the new provision would be a welcome helping hand to the upticking economy. Whether you are a first time home buyer or an existing homeowner, it would be hard to argue that the we aren’t already seeing rock bottom prices for real estate in Florida so take advantage of the tax credit, low mortgage rates and the great deals now because buying and investing in real estate in Florida doesn’t get much better than what we’re seeing right now.

Here’s a quote supporting the possibility:

“We would help first-time home buyers, and we would also help homeowners looking to move up to a new home, but we would exclude from the credit speculators who may have recently purchased a home intending to flip it for a fast profit,” said Senator Max Baucus…”

Read more about it here.

UPDATE:  The proposal passed in the Senate and the House may be voting on it today (Thursday).

“Starwood Sees Payoff in Patience” – Wall Street Journal 10/7/09

A Starwood Capital Group led consortium is buying the Florida condo assets of the broken up Corus Bank.  In this depressed market Starwood sees opportunity for  real investment return in Florida condos in the near future.

Starwood’s Barry Sternlicht makes their motivation clear:

“In years three, four and five, there won’t be any more new condos being built in these markets and you’ll be one of the few guys with new inventory.”

This is what recovery looks like.  A bubble bursts, consumer confidence understandably goes down, distressed properties accumulate and then, after a bit of time, people remember that unusually low prices, bank approved unusually low prices, are a good investment.  We’re now seeing some of the lowest prices in the Florida condo market than we’ve seen in almost a decade.  It’s especially good for first time home buyers considering the federal incentives now being offered for first time homebuyers in Florida.  Not to mention that that three, four year timeline also works particularly well for students in Jacksonville because of the variety of well built, affordable condos. Parents can invest in both their child’s future through tuition AND in a money maker by investing in Florida property their child can live in as student housing while it accumulates profit and provides real tax benefits.  In Jacksonville’s Riverside Historic District, The Chelsea Lofts has seen a spike in sales as prices were reduced to bank minimums and buyers “waiting for the bottom” found the award winning project attractive.

Read the whole article HERE

When you’re looking for the best in exquisite style and luxury, there are few places in America that can beat what Cranewoods Developments has put together in Jacksonville. These people have taken great pride in maintaining the best of their Florida real estate properties through this economic downturn, and their commitment and dedication to exquisite craftsmanship and amazing location is evidenced by one home they have for sale in particular.

This intracoastal West waterfront home has over 160 feet of waterfront. This is truly the house for the person who loves the water and wants to be near it while enjoying the luxury of a well built and exquisitely appointed house. And when you are not outside enjoying the waterways, you will certainly be able to enjoy the inside of this home that is located at 13840 Four Winds Court in Jacksonville.

This is the place that has a wide open concept and high ceilings for your enjoyment and, as well, there are other appointments that include a guest cottage, games room, and gourmet kitchen so that you’ll always be able to enjoy the best of life in Jacksonville, inside or outside.

It’s important to remember that places like Cranewoods Development have not let their commitment and dedication to quality slide during this economic downturn. On the contrary, they have been able to maintain their usual high degree of excellence in the homes and other properties that they represent, including this lovely one in Jacksonville.

Not everyone involved in Florida real estate believes that the bad economic outlook will affect the state’s properties negatively. All through the various Florida Waterfront Communities there are people who have a positive attitude and are moving forward with their plans and ambitions despite the economic downturn.

Take the Jacksonville-based PARC Group, for example. They are doing their part to see that Florida real estate stays on top for the best amenities by forging ahead and starting construction on a 2,400-acre Nocatee Preserve. And this isn’t the only group that is supplying a positive attitude in the hopes of turning things around for the Sunshine State.

There are a few noteworthy developers as well that are taking the bull by the horns and making sure that the properties they are offering, even though they have dropped in price, are still in the pristine shape that they were built in. Cranewoods Developments is one of these companies.

These are the people that have interests all the way from St. Augustine to Ponce Inlet and their properties have the best amenities and the most luxurious style that often comes with things like personal sand dunes and beautiful waterfront beaches that are sure to be in high demand once the economy turns around.

It’s important to remember that when Florida real estate bounces back, as it will, the people who had the foresight to invest and buy these properties now will be in a position to make their money back and then some.

Looking at all the luxurious waterfront homes that are for sale in all that Florida real estate has to offer, you might be surprised that one piece of property can stand above the crowd in a place like Jacksonville where all the properties are exceptional.

But when you do find one like the amazing home that’s located at 13840 Four Winds Court, you’ll be sure to see that this is just one of the offerings in these Florida Waterfront Communities that have many different things that you’ll want to have a good look at. First off, you know that the place comes from developer with a name and reputation that’s the best in the business in the Sunshine State. Cranewoods Development have been looking after these kind of high end properties in Jacksonville and other areas of the state for quite some time now and they’ve developed a reputation in that time for excellence.

And this particular Jacksonville home has all the amenities that tell any prospective buyer here’s the place where they can either settle into themselves or rent as an investment property. Either way the place has the features that make it attractive.

This is a place that will cater to the person that wants to enjoy the water since it has five boat slips and 160 feet of waterfront. Imagine that by owing this piece of Florida real estate, you’ll be able to get the direct deep water access to the intracoastal that adds to the appeal of this home.

It’s not hard to imagine that you’d find the most elegant lofts in the heart of Jacksonville’s historic district. When you opt for one of these richly appointed designed you’ll be right in the center of the town’s Five Points district and North Florida’s scenic St. Johns River. Now as they say location is everything when it comes to getting the right real estate and that’s certainly no exception here. These are the lofts that are low scale too in the sense that they building they are housed in is only three stories and that’s just another great selling feature of these Jacksonville Florida contemporary lofts.

And as everyone knows, Jacksonville Real Estate is all about richly appointed style and luxury. And these Chelsae Lofts are no exception. These are the condos that include soaring ten foot ceilings and the kind of open flooring plans that have proven themselves popular over the years with loft enthusiasts.

And these are the economic times where people looking to get a deal on the the kind of Florida real estate that they thought was out of their reach can rethink that option. As the saying goes that every dark cloud has a silver lining, there are options for great primary residences, rental properties or secondary homes.

For a luxurious experience at a price that’s reasonable, the savvy real estate buyer will want to look into the Chelsea Lofts that are are on the best attractions in today’s Jacksonville Real Estate offerings

There are no other places in the world like the Sunshine State and the current economic slowdown has made it even more reasonable to get your own piece of Florida real estate. And there are no other places that can offer the things that Florida can in the way of amenities and fun for the whole family.

Remember now is the time to get involved if you’re looking for Florida waterfront communities to live in and there are more than a few good reasons why.

-Florida Real Estate offers some of the best resort locations anywhere in the world. Whether you’re looking for the great beaches in Jacksonville or the relative tranquility of places that are a little more out of the way like Ponce Inlet, all of the Florida waterfront communities that you can look will will either afford you a great private breach or one that’ s just a short trip away.
-Florida waterfront communities offer the best amenities. Remember that you get the best of both worlds when you decide on Florida real estate. The great natural setting here are often off set by the best restaurants, entertainment and modern conveniences that you’ll find anywhere. Many of these Florida waterfront communities also sport festivals

There is much of Florida real estate that is still pristine and that means that any waterfront community that you finally decide on will more than likely have the kind of private spots that you can call your own.

When you’re looking for the best in luxury Florida real estate, no discussion of the possibilities is complete without mention of the waterfront properties that can you get in Ponce Inlet. To start, you’ll not only get to select from a wide range of homes that are all luxuriously appointed on the waterfront, but you’ll get to enjoy the amenities that the town itself provides to new arrivals and old citizens alike.

With small town homey events planned like an Ice Cream Social and The Red White and Blue Dinner and Dance, there are things available to make you feel right at home. But of course there are also a variety of marinas, beaches, restauarants and other attractions that make Ponce Inlet a preferred destination.

And all these amenities only compliment the homes that are offered in this prestigious addition to a long list of fine Florida waterfront communities.

Looking at the luxury homes that are available , one of the first things that you’ll notice is the level of the architecture. Both inside and outside the waterfront homes are exquisite in their detail. As well, all of the investments here are solid and do well with appreciation since Ponce Inlet was voted one of America’s top ten beaches in 2007.

The homes are only part of the opportunities here. These Ponce Inlet opportunities also include some the the best luxury condos any where on the annals of Florida real estate. There’s never been a better time to get involved with looking to invest to Florida waterfront communities like the ones at Ponce Inlet.

There are certain things that are are expected when you hear words like Florida Waterfront Communities. Those are the words that always conjure up visions of elegance and class, of spending your carefree days in the ocean and your nights nestled up in your quite home watching the waves in the moonlight. And of course for some people those are dreams that they thought might never become a reality, but as the saying goes every cloud has a silver lining and the economic downturn has made it possible for people to buy Florida real estate they thought was forever beyond their reach.

Take a good look at what Cranewoods Developments is offering in prestigious St Augustine on the water. The Ocean Manors is one of the best in design and construction. These are the places that are conveniently located and have rooms and even bedrooms that have views directly to the water’s edge.

St Augustine is the location where you can actually moor your sailboat right in front of your home an d you can walk to the heart of the of city where you can partake of the fine dining and shopping to be had there. These are the homes that include custom detailed architecture inside and out as well as special lights fixtures and period appliances that set these Florida waterfront homes apart.

For the best in Florida real estate on the waterfront, these St Augustine homes supply the best in elegance.

There are places that immediately trigger recognition in people and one of the names or phrases associated with a great time and a wonderful place to live is Florida Real Estate . And once you start traveling down that road, it’s only natural that the city of Jacksonville would come up.

And there are developers like the good people at Cranewoods Developments who know that the people who hold the finer things in life in high esteem also look for the touches that they’ve put on their Jacksonville lofts and condos that they have for sale. This is the time to get involved with the Florida Real estate scene in general and Jacksonville real estate specifically.

Take a look at what these people have done with the exquisite and beautiful Chelsea Lofts in the historic heart of Jacksonville. Here’s where you could be living in the city’s renowned Riverside district within walking distance to all the amenities including art galleries and museums as well as some of the best restaurants that the city has to offer.

Buying any Florida real estate is a dream come true for many people, but buying a Chelsea loft in Jacksonville is a pinnacle that only the professionals at Cranewoods Developments could offer.