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News Welcome to the news section. |
State of Housing, Now and Then - December 7, 2009 CURRENT CONDITIONS: | One year average values/trend lines – Florida and Palm Beach County, Florida- July 10, 2009 An interesting trend is starting to become evident in my REO market (southeastern Florida in Palm Beach, Martin, and St. Lucie counties). In Palm Beach County, the average decline in values has been in the 18% range for the last 12 months, but the decline rate is starting to flatten out during the last 6 months. | Bettag 18th out of 12,000 for total sales in units- June 20, 2009 Joseph E. Bettag, PA was ranked 18th out of roughly 12,000 Realtors in the Regional MLS for total sales in units for the last 12 months. | Florida Foreclosures Surged in 2008- March 30, 2009 The number of Florida properties with foreclosure filings in 2008 more than doubled the state total from the previous year and was more than five times the 2006 activity level, according to the latest RealtyTrac@ U.S. Foreclosure Market Report. | 2008 REO Brokerage Results- January 28, 2009 Total 2008 closing/sales volume for 2008 for Joseph E. Bettag, P.A. was at $10.8 Million which involved 61 sold/closed REO's/bank owned listings. | State OKs $94 million for Max Planck Institute in Jupiter- June 7, 2008 It's official - the state has signed off on $94 million for the much-anticipated Max Planck Institute at the Jupiter campus of Florida Atlantic University.
| Trying to time the market bottom and interest rates- March 30, 2008 If a home drops another 10% during the next year and fixed interest rates increase by one half percent, the payments are almost the same. | Joe Bettag - $33 million in 2005 closed sales- February 12, 2006 Joe Bettag was awarded the Professional Achievement Award by the JTHS Assoc. of Realtors for 2005 | JRI Update – 2005 and what’s ahead……- January 10, 2006 It has been a very productive and busy year during 2005 and many of you are an important reason for the growth and success of Jupiter Realty Investments, LLC (JRI). Some of the more important accomplishments during 2005 included: | What is Scripps Florida?- August 7, 2005 Scripps Florida is a 364,000 square-foot, state-of-the-art biomedical research facility that will be built on 100 acres of undeveloped land in northwest Palm Beach County known as Mecca Farms. The facility will focus on basic biomedical science, drug discovery, and technology development. |
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Coastal Properties cannot guarantee that the assumptions upon which the analysis
was based will remain correct. The demand for real estate, interest rates, occupancy
rates and rents are subject to fluctuation and changes in foregoing may have a
negative effect on the investment. Additionally, Coastal Properties has not reviewed
the leases and makes no representation as to the enforceability of such leases.
Coastal Properties suggests that the Investor independently investigate all information
contained herein. Investor should refrain from investing in any real property
investment unless investor is financially able to tolerate a significant downturn
in the value of real property due to rising interest rates, falling demand and
increased product on the market.
COASTAL PROPERTIES
825 S. US HIGHWAY 1, SUITE 200
OFFICE 561-746-9775 FAX 561-745-4640 |
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