One of the many gorgeous homes, I toured while in Costa Rica this month. Please contact me if you are interested in purchasing this fantastic home in the Grecia area of Costa Rica.

okProperty overview-0965
Details for Spectacular Mountain View Home
Bedrooms: 5 Full Baths: 5
Interior: 5,675 Sq Ft.
 Exterior: 1.9 Acres
Magical, tranquil and spacious hideaway estate with a spectacular view! This estate distills both the spirit of Costa Rica mountains and the essence of its singular landscape. Architect /Designer, Joe Beatty thoughtfully studied the sunrise and sunset of this site and designed this home to compliment both. Fantastic 1.9 acre lot with unobstructed spectacular views of the Poas mountains during the day and San Jose city lights at night. . The main home 3 bedroom and 3 bath is totally furnished and includes a extra 1/2 acre lot. A separate 2 bedroom, 2 bathroom fully furnished guest house accompanies this estate.
The 4000 sq ft main house has 3 bedrooms and 3 bathrooms. With an open grand floor plan, the kitchen and living room are spacious perfect for entertaining or just relaxing.
Soaring Windows, Upper skylights, 2 Coral Fireplaces & Custom Cabinetry abound. Natural Bamboo Wood and Tile Floors. Great Room, Gourmet Kitchen, Granite/Marble in the 3 Bedrooms & 3 Baths. The floor-plan is open and inviting with vaulted, beamed, light stain wood ceiling in the living room out to the grand open patio with an outdoor kitchen. Amenities include a pond, an outdoor kitchen, a 2  1/2 car garage and security system with cameras.
The main house comes with an extra ½ acre lot already with electric, water, cut in driveway and ¾ landscaped. Add a pool, tennis court, barn or another house for income or family.
          nMain-and-Guest-house-at-night-7034[1] - Copy - Copy nPano-over-the-valley-at-night-7056[1] nterrace -at -night Living Room nTerrace-at-Night7021[1] okGuest House-0915 okMain House-0930 okMain House-0941 okMain house-1036­

features

  • Guest House
  • Security System
  • Outdoor Kitchen
  • 2 1/2  Car Garage
  • City / Mountain Views
  • Sprinkler system
Location Grecia
Alajuela
Address: Grecia, Alajuela
Property ID: CVLH2014E2
Type: Single Home
Collection: Mountain Living
Built  2013                                                                                                                                           
Category: Sale
Property ID: 1404101947318576
Bedrooms: 5
Bathrooms: 5
Stories: 1
Home Size: 371.61 m² – 3,999.98 Sq Ft
Lot Size: 7,689.02 m² – 82,763.92 Sq Ft.
For Sale: $ 1,350,000.00
by Kimanh Moreau | June 2015

NationalHousingMonth-713x297

If you believe House Hunters, the home buying experience goes something like this:

1. Visit home in ideal neighborhood.
2. Check for granite countertops in kitchen.
3. Check also for double sinks in master bathroom.
4. Make jokes about how your partner or significant other will not get any closet space.
5. Make an offer.
6. Move in!

In reality, the home buying process is often a lengthier and more complicated process than what we see on TV. And that is a good thing. Why? Because buying a home is one of the most important financial decisions you are likely to make and your choice should not hinge (only!) on countertops and double sinks.

Here, we take a look at five essential questions that any prospective homebuyer should ask before making an offer on a particular home:

What are Similar Houses Selling for?

Before making an offer on a home, it is wise to explore what comparable homes in the area have sold for recently. (In real estate parlance, these are referred to as “comps”.) It is only through looking at comps that you will be able to understand whether or not the home’s asking price is reasonable. Your agent will be able to pull together a list of comps for you easily and should be able to explain what the comps suggest about your prospective home’s value.

What’s the story with this house?

It’s easy to fall in love with a house, but it is hard to stay in love with a house that needs a surprise new roof or turns out to be riddled with asbestos. To avoid major buyer’s remorse, a home inspection is key.

Here are a few things to keep in mind:

  • Nowadays, many sellers will have purchased a home inspection before they put the home on the market. Make sure you read the inspection rather than simply receiving a run-down of highlights from the selling agent.
  • If the seller has not already had the home inspected, commissioning an inspection from a trusted & accredited home inspector is key. Your agent will likely have recommendations for a good home inspector.
  • Some buyers will forego the option of requesting a home inspection in order to strengthen their offer to the seller in a hot market. Before going this road, it is wise to talk about the risks associated with purchasing a home without having it inspected with your agent.

Is Documentation Available for the Garage Door/Hardwood Floors/etc.?

Rarely do buyers think to ask for something as mundane as a user manual for an air conditioning system, or the warranty on a roof. However, having these documents at hand can save major headaches later, should something go wrong.

Below are a few common items that it pays to ask for information about before you close on a new home:

  • Warranties on major appliances and home systems such as heating & cooling units, and windows.
  • Purchase information and passwords for alarm systems, keypads, and garage door openers.
  • Instruction manuals for any of the above.

While your seller isn’t required to leave these for you, most should have no problem doing so, especially if the sale has been amicable. If, however, you realize you are missing some key documents after you get the keys, a few phone calls to a dealer or service provider can point you in the right direction.

Will you Need Flood Insurance?

Do you know if your prospective home lies in flood plain? If so, you will likely be required to carry flood insurance. This raiser your insurance costs and is something you will definitely want to research.

FEMA provides maps detailing flood plain areas and these are worth exploring. It is also important to note that flood plains are assigned different ratings depending on the level of flood risk. This rating will impact the cost of your flood insurance policy.

Once you understand that a home is in a flood plain think about the following:

  • How much more each month will flood insurance cost you and can you afford this?
  • Are you comfortable living in a home that is in a flood plain?
  • Are there comparable homes available that are not in a flood plain?


What are the Monthly Utility Costs?

No one likes paying utility costs, but unless you are planning to live off the grid, chances are you’ll be sending off those bills to the utility companies each month.

To gauge how much utility costs will impact your bottom line, consider asking the seller for copies of their utility bills during peak month. (Depending on where you live, peak months could be the cold months or the very hot summer months.)

Before you let high utility bills scare you from a property, however, it makes sense to think about whether or not some little fixes could save you big money down the road. For example, adding weather stripping around windows and doors helps prevent drafts, as does insulating light switches and outlets. If there is room in your budget to upgrade to energy-efficient appliances, you can realize savings there as well.

***

Whether this is your first foray into homeownership or you are an experienced buyer, purchasing a new home is an exciting time! And while tracking down user manuals and examining flood plain maps is no one’s idea of a good time, spending time researching these things can save you major headaches (& wallet aches!) in the months and years to come.

Over a five year time frame, 15 to 20 percent of REALTORS® responding to NAR’s 2015 Profile of Home Buying Activity of International Clients have consistently reported an increase in existing home sales to foreign buyers.  The sale of U.S. existing home properties has been a slowly growing niche market, accounting for up to 8 percent of total sales on a dollar volume basis.  Sales tend to be at the upper end of the price ranges, with buyers from across the globe.  Although buyer interest is focused on a few states (Florida, California, Arizona, Texas), most states have a number of foreign buyers—both resident and non-resident foreigners.  The market is subject to the world economic climate (recessions, exchange rates), U.S. market conditions, and preferences of the foreign buyers (e.g., vacation, business, investment, etc.).

change in clients

Jed Smith, Managing Director, Quantitative Research

Jed Smith is Managing Director, Quantitative Research with the National Association of Realtors®. He has worked on real estate issues for the past 20 years, providing input on a variety of housing, commercial real estate, tax, and planning issues. Recently he has been involved in several international studies.

Is anybody still reading? I know I have been neglecting my social media lately but I got caught up in the ‘Pure Life” of Costa Rica. I just spent a 8 days in 18 cities on the Pinellas International Council’s Realtor Trade Mission to Costa Rica. Of course, that meant the usual mad scramble of getting everything at work & home in place the weeks before I left. And as usual, buyers, sellers and friends who I haven’t heard from in months decided that they needed me in those few days before the trip. Arriving at the airport in Liberia,Costa Rica without any sleep for days was really okay because everyone is so friendly and relaxed. SO over a few blogs, I hope to share some photos and notes from my 4th trip to this beautiful country that might be helpful, if you think that you would like to live full-time or purchase a vacation home in Costa Rica.

Costa Rica – Notes IMG_5594

  • Pura Vida means pure life, which means healthy longer life due to clean living in Costa Rica. The actual translation from Spanish means “rich coast”.
  • Costa Rica is filled with incredible rainforests, volcanoes, mountains, beaches and has a tropical climate year round. It is popular with adventurists, surfers, sportsmen and environmentalists.
  • Costa Rica is probably one of the healthiest countries in the world. The United Nations consistently ranks the public health system in the top 20 in the world. All citizens belong to government health insurance system, know as CAJA. For retirees, costing about $50-$65/month.
  • San Jose is the capital is where about half of the population lives.
  • Altitude and GPS on your phone is a priority for living and navigating in Costa Rica, even if they don’t always work. WiFi, Internet and phone service can be spotty due to all of the mountains..
  • Costa Rican’s are known as Ticos (male) and Ticas (female) and the sense of community is so strong that word of mouth travels super fast in the towns, often much faster than through phones or emails.
  • A lot of the cities that are highly advertised are short on water. 8 major areas are not allowed to build at the moment. No building permits allowed for those areas. It is not a lack of water but rather lack of infrastructure in place to provide water access. Ex: Arenal, Excasu
  • Each developer and professional we met highly recommended that we “Trust, but verify” with someone that you know & trust. Check developers reputation. People know everyone here and word of mouth travels fast here.
  • One of the developers we met gives intensive 3 day all-inclusive tour where expats learn what it is like “living” in CR. $1140 for a couple. Answers if moving to Costa Rica is for really you? Questions like should you bring your stuff from the states? Includes info on how to protect your assets. SA corporation, not an LLC there. Single Anonymous = SA.
  • Cars cost double in Costa Rica compared to USA prices . Ex:  KIA normally 18k in USA but about 38K in Costa Rica
  • You have to be an attorney to be a notary. The notary is the only professional that has access to the property records which are all in one city in hand written books for the whole country.
  • Manana means not today. They live in the moment, ex: stop cars in the middle of the street to talk, doesn’t matter if blocking street. Speaking of streets, many of the streets are only dirt or rock, narrow, steep & windy.
  • To live there, it is necessary to come down off the sense of urgency and hurry up that we have.
  • The temp is + or – 10 degrees consistently wherever you are depending on the elevation
  • These photos were taken in the Tamarindo area.

IMG_5073     IMG_5126

IMG_5369IMG_5100

Make sure that buyers and sellers agree on what items stay—or go—well before closing.

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Could an entire sale hinge on a bathroom fixture? That’s a question buyer’s agent Valerie Hartman with RE/MAX Action Realty in Maple Glen, Pa., found herself pondering hours before a scheduled closing. After all the terms had been negotiated for a $375,000 home purchase, the sellers ripped out the bidet and the kitchen’s water filtration system. Hartman’s buyers were upset.

Hartman contacted the Pennsylvania Association of REALTORS®’ free legal hot-line. She learned that because the sellers never excluded the bidet or filtration system in the sales contract and both items are considered fixtures—features that are permanent and attached to the home—they should be part of the sale. Ultimately, the buyers didn’t pursue negotiations for the bidet, but the sellers paid the $1,000 for the filtration system.

While there’s a broad understanding that fixtures are automatically conveyed in a sale, disputes frequently arise over how to define them, says Janet Grayson, an attorney in Portland, Ore., who also serves as counsel to the Oregon Association of REALTORS®. Perceptions can vary about which features are “securely” attached to a home. Clear communication between both sides is necessary to avoid problems. A disagreement over something as small as a bathroom mirror can lead to closing delays, end up in arbitration or court, or even scuttle a deal. One scenario that causes problems: A buyer’s agent may assume an item is a fixture and not bother to include it in the offer. But the seller’s agent may look at the exact same item—say, custom window treatments or a bar in a basement held in by three screws—and consider it the seller’s personal property, says attorney Matt Johnson of Manchester, N.H., who also represents the New Hampshire Association of REALTORS®. “The last thing you want is for a client to ask you why you didn’t include a specific item in the sales contract,” Grayson adds.

Standard residential purchase forms often contain language about fixtures. Typically, there’s a section for buyers to list other items they want to include in the conveyance. Still, even the most careful agent can be caught off guard. Two years ago, a seller uprooted a 15-year-old apple tree and planted a small tree in its place, says buyer’s agent Isela DeLeon, with Target Realty in Houston. The seller also removed an attached front porch swing. DeLeon’s buyers said the tree and the swing were the home’s main attractions; the seller explained the tree held sentimental value—her son’s ashes were buried around it, and she always intended to take it, though she didn’t tell her agent. In the end, the closing was delayed by a week, and the seller agreed to pay $1,200 toward the purchase of a new tree and $150 to replace the swing.

“I’ve seen sellers replace appliances for cheaper ones. I now photograph and write serial numbers of appliances and double-check at the final walk-through that there have been no swaps. I don’t assume anything anymore.”

Prevent A Showdown

1. Have a talk with your clients. During listing presentations, talk to your sellers about what’s included or excluded from the sale and what they intend to take with them. Buyers’ agents: Talk with your clients about what they consider the most compelling features of the home—the curtains, washer and dryer, hot tub. It should be made clear in the contract if those items will remain in the house.

2. Replace items before listing. If sellers plan to take all the ceiling fans, for example, urge them to swap out the fixtures prior to listing the home for sale to avoid conflicts later. That way, buyers see what they get.

3. Don’t worry about being too detailed. Sales associate Isela DeLeon, with Target Realty in Houston, specifies the serial numbers, make, and model of the appliances included in the sales contract. “Err on the side of being overly inclusive so you’re not in a battle over whether an item is a fixture, and then stuck in a compromise,” says attorney Matt Johnson, legal counsel for the New Hampshire Association of REALTORS®.

4. Consult an attorney. Avoid providing your own legal advice about fixtures; you may be held liable if you’re wrong. Most REALTOR® associations offer a legal hotline to connect members with real estate attorneys on various topics, including contract conflicts. Be aware, though, that these lawyers provide general information, not legal representation.

5. Find a mediator. Check your state or local REALTOR® associations for an ombudsman program—which calls on experienced REALTORS® who are well-versed in the Code of Ethics, state real estate regulations, and current real estate practice—to help resolve disagreements among parties. 

Here are just a few things to do this weekend:

1. Dive-In Movies  Friday, June 26, 2015 8:00pm

St. Pete Beach Aquatic Center, 7701 Boca Ciega Drive, St. Pete Beach, Florida

Maleficent (PG), St. Pete Beach city pool with Olympic swimming lanes, a spray play area for kids and two large water slides. Bring your noodles, floats and chairs for movie watching. Gates open at 8 p.m. and the movie starts after sunset. $4.

2. FREE Premium Champagne Tasting at TRY Wine  Friday, June 26  6:30-8pm
TRY Wine hosts a FREE Champagne tasting with some of the rarest and most unique bottles in the world. There will be drawings for free swag and special deals on bottles. TRY Wine, 110 1st Street North.

3. Tampa Bay Rays vs Boston Red Sox  Friday 7:10pm  Tropicana Field, Tropicana Drive. 

4. Happy Hour @ Sea Salt St. Pete (All Weekend)
Enjoy half off beer, wine and premium liquors from 4-6pm in their bar and lounge area. Sea Salt St. Pete, 153 2nd Avenue North.

5. St. Pete Pride Run, Saturday, June 27, 2015 8:00am, Gulfport Casino, 5500 Shore Blvd. S, Gulfport,  5K run through Gulfport includes T-shirt, goody bags and an after party in the streets. $30. (727) 893-1070, http://www.stpetepride5k.com/

6. Stand Up Paddleboard Yoga with Body Electric Yoga, Saturday, June 27 10am
work on your balance and core strength in the company of dolphins, pelicans, manatee, etc. They’ll provide SUP boards and anchors or bring your own. Previous SUP and/or yoga experience is recommended but definitely not required. Registration REQUIRED. $15 (bring your own board), $30 to rent a board. Leave from North Shore Park Beach.

7. St. Pete Pride Street Festival, Saturday, June 27 11am-6pm
 The St Pete Pride Street Festival will again be the largest community event of the season as festival goers come together to make history while enjoying a day of live performances and entertainment, community booths, art and fantastic food in paradise. After last year’s overwhelming demand, the Festival length has been extended by an entire city block, and the St Pete Pride Street Festival will be more diverse and shop-stopping than ever. Over 350 exhibitors will line both sides of Central Avenue for six city blocks in a rainbow celebration of food and beverage vendors, artists, small businesses, corporations, professional sports teams, community outreach groups, non-profit organizations and Pride themed merchandisers.  Grand Central District, Central Avenue between 22nd and 27th Streets.

8.  27/82: The Concert in the Grand Central District
“27/82” is a fundraising concert to assist in funding various Tampa Bay community organizations. This year’s benefit concert promises to be more unique than ever as Alex Newell from Glee will make history headlining the first free and outdoor “27/82″. St Pete Pride makes history this year with a unique venue when presenting its first open air, free of charge, celebratory concert. In the center of St Petersburg’s Grand Central District where St Pete Pride first gained its roots, attendees will enjoy eclectic music, food, spirits and the outdoor atmospheres for which the Burg has long been famous. During the concert Urban Comfort, the Grand Central District’s newest eatery and brewpub, will be dishing up their own, unique style of comfort food. Proceeds from the event will go to the St Pete Pride Community Grants Program. This grant program insures that every cent raised will go to Tampa Bay area non-profit groups that are helping build up the Tampa Bay community. Event begins at 7pm. Donations accepted at the entrance. Grand Central District on the corner of Central Avenue and 26th Street. 

9. Shawn Brown @ Alvin’S Lounge
Shawn Brown was born and raised in Baltimore, Maryland and has been a professional musician for the past 30 years. As a child, guidance from an equally talented mother taught him the fundamentals of music. Making Tampa, Florida home since 1980, Shawn played with ‘Blackstar’ who scored a local hit with “Animal Attraction” and toured Japan in “The Precision Band.” Show begins at 9pm. Alvin’S Lounge, 119 1st Avenue North. 

10. Millie for the Masses: Miniature Masterpieces @ Zen Glass Gallery
Murrina (common pluralization murrine) is an Italian term for colored patterns or images made in a glass cane (long rods of glass) that are revealed when cut in cross-sections. Murrine can be made in infinite designs—some styles are more familiar, such as millefiori. Artists working in glass design murrine in a variety of ways from simple circular or square patterns to complex detailed designs to even portraits of people. Zen Glass will bring in artist Stephen Boehme to teach a class on Murrine making along with a bit of an artistic performance this Friday. The show goes from 6-11pm. Zen Glass Studio, 600 27th Street South. 

11. Pride Art Show, Saturday, June 27, 2015 3:00pm

Creative Soul Studio, 2425 Central Ave., St. Petersburg, features the works of approximately 12 artists and includes rainbow tie dye T-shirt works, a “Pride Photobooth,” beer, wine, an outdoor party deck and music by DJ Mega.

12. St. Pete Pride Block Party and Night Parade  Saturday, June 27 5:00pm,  Central Avenue and 28th Street S,

St. Pete Pride’s popular parade hits the streets of Grand Central after sunset. The block party, on Central between 22nd and 27th streets, brings DJ’s, food and drink starting at 5 p.m. The parade steps off at sunset, about 8:30 p.m. http://www.stpetepride.com/

In May 2015, REALTORS® were confident about the outlook in their local markets in the next six months, according to the May 2015 REALTORS® Confidence Index Survey.[1] This report is based on the responses of 3,805 REALTORS®.

Sustained job creation at a pace of 220,000 jobs per month in 2015, lower FHA monthly mortgage insurance premium rates (resulting in a 0.5 percentage point reduction since January 2015), and the availability of three percent downpayment for loans backed by Fannie Mae and Freddie Mac since early this year are likely underpinning the improved market confidence.

The following maps show the REALTOR® Confidence Index-Six-Month-Outlook across property types by state.[2] In the case of single family homes, all states registered an index greater than 50 for the third month in a row, which means that the number of respondents who had a “strong” outlook outnumbered those with a “weak” outlook. Despite the slump in oil prices, REALTORS® generally expect the real estate market to be “strong” in North Dakota, Texas, and Oklahoma.

In the case of townhomes and condominiums, confidence is most upbeat in Colorado. Homebuying activity for condos and townhomes is also generally strong in California, Oregon, and Washington where a technology boom is fueling demand. REALTORS® are also broadly upbeat about their local markets in Texas, Florida, New York, and Massachusetts. Homebuying is expected to be generally weak in other states. REALTORS® have reported that FHA’s and the GSE’s (Fannie Mae and Freddie Mac) financing eligibility regulations make condominium financing difficult to obtain.[3]

6 monthstownhomescondos


[1] Respondents were asked “What are your expectations for the housing market over the next six months compared to the current state of the market in the neighborhood(s) or area(s) where you make most of your sales?”

[2]  The market outlook for each state is based on data for the last three months to increase the observations for each state. Small states such as AK, ND, SD, MT, VT, WY, WV, DE, and the D.C. may have less than 30 observations.

[3] These regulations pertain to ownership occupancy requirements, delinquent dues, project approval process, and use for commercial space. Read the Statement of NAR Submitted for the Record to the Senate Committee Housing and Banking Affairs on December 9, 2014 at http://www.ksefocus.com/billdatabase/clientfiles/172/1/2180.pdf

Nordic Region to Enjoy International Retail Expansion in Coming Years

According to a new report from JLL, international retailer expansion is predicted to accelerate in the Nordic region over the next couple of years. JLL’s Destination Nordics 2015 Report reveals that despite significant market opportunity, the Nordic cities are relatively untapped.

By Michael Gerrity June, 2015

Nordic regions attractiveness to international retailers:

  • Sales growth in Helsinki expected to outperform the Eurozone in the medium term
  • Stockholm is most attractive Nordic location for international retailers
  • The UK is the largest exporter of cross-border retail fascias into the Nordic region

International retailer expansion is predicted to accelerate in the Nordic region over the next couple of years driven by population growth and retail sales growth. The six key cities stand out as some of the most affluent in Europe, and they continue to demonstrate a high degree of market maturity, resilience and growth prospects, as well as real estate transparency and low risk.

“Whilst many international brands continue to target key cities in Western Europe, some are finding themselves looking to new markets for growth. Those who are refocusing their expansion strategies are increasingly looking to the Nordics as a platform for growth. Over the last two years the key Nordic cities have attracted new entrants to their markets – at a greater rate than cities in Western and Southern Europe.” said James Dolphin, Lead Director of International Retail at JLL.

With new schemes such as the Mall of Scandinavia and REDI entering the market and increasing supply, up to fifty international retailers are looking to target the Nordic market in the next five years. The UK is the largest exporter of cross border retail fascias across the Nordic region, driven by expanding mainstream and premium brands including The Body Shop, Lush, Oasis, Karen Millen, Mulberry and Superdry, followed by the USA and Germany.

“Distribution of goods and foreign currencies which were once seen as major barriers to entry are now becoming less of a challenge. Competition between international brands is still relatively low and we are seeing success stories for new entrants such as Boggi Milano, Michael Kors and Louis Vuitton.” Dolphin added.

“It has been a record year for new brands in Sweden and there is currently high pressure to find store locations for the large number of international brands wishing to enter the market. We rank Stockholm as the Nordics’ most attractive retail destination thanks to its thriving market and affluent fashion oriented consumer base. But Oslo, currently the most affluent retail market in the region, has welcomed the largest number of international retailers in the Nordic region in the past two years – however it is currently constrained by lack of supply. Meanwhile, sales growth in Helsinki are expected to outperform the Eurozone in the medium term.” Said Martin Lindgren, Head of Retail Agency, JLL Sweden. –

See more at: http://www.worldpropertyjournal.com/real-estate-news/finland/helsinki/nordic-retail-report-2015-jll-destination-nordics-2015-report-boggi-milano-michael-kors-louis-vuitton-mall-of-scandinavia-james-dolphin-martin-lindgren-9128.php#sthash.9rJmJuJA.dpuf     By Michael Gerrity June, 2015

by Graham Wood

Morguefile.com

When we speak of international buyers, we’re usually talking about people from other countries who want to invest in U.S. property. But the lines go both ways. There are high-net-worth Americans who want to buy homes in other countries, and they can spell big business for practitioners who are willing to aid them in their global search. But where should they be looking?

Rick Davidson, president and CEO of Century 21, argued at the Asian Real Estate Association of America’s Global & Luxury Summit in Chicago on Monday that because of the dollar’s strength against many other foreign currencies, American buyers can get great deals abroad. But one country stands above the rest as the best place for Americans to invest their money abroad because of a confluence of economic benefits: Japan.

“We are deeply immersed in the Japanese market,” Davidson said, noting that Century 21 has 900 offices and 6,000 agents there. Here are the reasons Davidson gave for why Japan should be a target for wealthy U.S. home buyers wanting to purchase overseas:

  • The interest rates on 10-year fixed-rate loans are 1.5 percent to 1.75 percent — far below America’s historic interest-rate lows.
  • One U.S. dollar 119.54 yen, which gives U.S. buyers a 20 percent discount on purchases.
  • There are virtually no restrictions for foreign investors in Japan.
  • Japan is coming out of recession. Deflation is expected to stop and GDP is expected to grow in the near future, so American investors will start to see a positive ROI starting now.
  • Tokyo is the cheapest of all Asian cities in terms of price per square foot. The average price per square foot of a luxury property in the U.S. is $1,180; in Japan, it’s $680.
  • Tokyo land prices have been rising for five straight years, making future expectation for price growth high.

Graham Wood is a senior editor for REALTOR® Magazine. He can be reached at gwood@realtors.org.

Friday, June 5th, 2015

First Friday
Proceeds from this benefits the Breakfast Optomist Club helping to provide educational materials to local schools. Courtesy of Think Tank and the City of St. Pete, live music and more on the streets of downtown.  Boxcar Hollow will headline on the Think Tank Stage. Event begins at 5pm. FREE on Central Avenue between 3rd and 2nd Street North, St Petersburg

The online craft marketplace is here with locally crafted art and goods. Live demonstrations, make/take sessions, items for sale. The first 100 attendees get souvenir swag bag. Proceeds benefits the Pet Pal Animal Shelter.

Happy Hour @ Sea Salt St. Pete
Enjoy half off beer, wine and premium liquors from 4-6pm in their bar and lounge area. Sea Salt St. Pete, 153 2nd Avenue North.

Tribal Style playing at  8:00pm  Jannus Live,  200 First Ave. N, St. Petersburg, roots to-reggae.

Saturday June 6th

Crafty Fest @ ARTpool Gallery (Saturday and Sunday)
Crafty Fest is the local, handmade and vintage market that happens monthly at ARTpool.  11am-5pm on Saturday and Sunday. FREE. ARTpool Gallery, 2030 Central Avenue.

Public Walking Mural Tour
Florida Craftsmen, Inc. along with the City Of St. Pete host PUBLIC walking mural tours of the Burg every Saturday. Tour at 10am – 11:30am. Tours will be held every Saturday at 10am except for the second saturday of each month when tours will be held at 4pm. $19 for adults, $11 for children and FREE for kids ages 5 and under. Tour begins at Florida Craftsmen located at 501 Central Avenue.

Tampa Bay Rowdies Pre-Game Party @ Rowdies Den
 Come to the Rowdies Den before you go to the game. Play darts, virtual beer pong, FIFA Futbol on Xbox One, foosball and other arcade games. Then head to the game with Ralph’s Mob to Al Lang Stadium! Begins at 4pm. Rowdies Den, 200 1st Avenue South.

Tampa Bay Rowdies vs FC Edmonton
The Rowdies are coming back to Al Lang and they’playing FC Edmonton. Tailgating festivities start at 6pm. The game begins at 7:30pm Al Lang Stadium, 230 1st Street South. 

 

Annalisa Weller, Realtor®, Certified International Property Specialist

(727) 804-6566
AnnalisaWeller1@gmail.com

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    Brokers – there are three things you need to know about right now, and we’ll cover them all in this Broker Breakfast session. 1. The D.A.N.G.E.R. Report – This report was commissioned by the National Association of REALTORS and researched and authored by the Swanepoel T3 Group. It is arranged in 5 sections, including one [...]
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  • RPR Training is Back at PRO July 22 July 15, 2015
        RPR Training is Back at PRO on July 22! We’re offering two sessions with our RPR trainer on Wednesday, July 22: 9:00 – 10:00 a.m.   –  RPR Basics 10:15 – 11:15 a.m.  -  RPR Mobile LOCATION: PRO, 4590 Ulmerton Rd. in Clearwater, Auditorium C   RPR Basics: Give Us An Hour And [...]
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  • ‘Welcome’ to all our new members who joined us in June July 14, 2015
    The Pinellas REALTOR® Organization would like to welcome all of our new REALTORS® that joined us in June! We are happy to have you as a part of our organization and wish you much success in your careers. Richard E. Brooks Batdorf and Associates Inc Wesley M. Craig BHHS Florida Properties Top Kervin BHHS Florida [...]
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