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University Place
8032 Indigo Ridge Terrace
University Park, FL 34201

$249,900
3 Bedroom, 2 Bath
1,652 Square-Feet

Light & Bright, 3 Bedroom & 2 Bath Home in Sought After University Place * Not a Short Sale, or Foreclosure * Close Quick * Upgraded Tile Throughout * Custom Arches & Moldings * New Carpet in Bedrooms * Beautiful Chandeliers, Lighting Fixtures, & Upgraded Fans Included * Breakfast Bar Topped with Corian Countertops * Open Kitchen with Upgraded Tile Backsplash Under Wood Cabinets & Breakfast Bar * Total Appliance Package Included * Split Plan with Large Master Suite * Large Walk-in Closet in Master * Master Bath Includes Garden Tub & Decorative Tile Backsplash in Shower * Oversized Screened Patio/Lanai with Upgraded Tiles * Large Backyard with Lush Flower Beds & Well-Maintained Landscaping * Room for a Pool * Great Curb Appeal! University Place is Private & Gated Throughout * U-Place Offers 2 Community Pools, Barbecue Area, & Childs Recreation * Well-Maintained Lakes & Maturing Tropical Palms Throughout * Great School District * Perfect Home for a Small Family, or Professional Looking for an Upgraded, 3 Bedroom Home Under $250,000 in Amenity-Packed Community @ Prime University Parkway Location * No Dealing with Banks Here * Seller Will Respond Quick to All Offers * Easy to Show * Call 941-448-4872

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(Foreclosures Fall.. And Florida Looks like this.. Life is Good & Getting Better)

Foreclosure filings fall 8% in November

WASHINGTON (AP) – Dec. 10, 2009 – The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help.

Nearly 307,000 households, or one in every 417 homes, received a foreclosure-related notice in November, down 8 percent from a month earlier, RealtyTrac Inc. said Thursday. Banks repossessed about 77,000 homes last month, down slightly from October.

Millions of borrowers are still being evaluated for the Obama administration’s foreclosure prevention effort. States are also trying to delay the foreclosure process, temporarily lowering foreclosure numbers.
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WASHINGTON (AP) – Dec. 16, 2009 – Construction of new homes, helped by better weather, rebounded in the U.S. in November following a setback in the previous month.

The gain is a hopeful sign that the housing recovery is continuing, a development viewed as critical to lifting the overall economy out of recession.

The Commerce Department says construction of new homes and apartments rose 8.9 percent in November to a seasonally adjusted annual rate of 574,000 units. The gain represented strength in all areas of the country although the increase was slightly lower than economists had expected.

Applications for new building permits were also up, rising 6 percent to an annual rate of 584,000 units, a stronger showing than economists predicted.

Copyright © 2009 The Associated Press, Martin Crutsinger

Justin Shirley
CEO
Shirley International Realty
941.448.4872
www.JustinShirley.com

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CNL occupies two towers that flank Orlando City Hall downtown.

Orlando-based CNL Financial Group and Sydney’s Macquarie Group have joined forces for the first time to establish a new global REIT, CNL Macquarie Global Growth Trust Inc., which will pursue opportunities in just about every sector of commercial real estate in various areas around the world. The partners can afford to think big, as the proposed total offering for the REIT is $1.5 billion.

CNL going on a global buying spree

ORLANDO, Fla. – Oct. 27, 2009 – CNL Macquarie Global Growth Trust Inc. announced its first public offering of $1.5 billion common shares for a new real-estate investment trust, with CNL Financial Group of Orlando serving as managing dealer.

The move marks the first partnership between the CNL group and the Australian-based Macquarie Capital Funds, an affiliate of Macquarie Group Limited, which has more than $189 billion of global assets.

Unlike traditional income-driven trusts, the product announced Thursday is growth-oriented rather than income driven, said a spokesman for CNL. The focus will be on acquiring commercial office, retail, industrial and multifamily properties that may “require repositioning or redevelopment” and that may face financial deadlines or be in markets with growth potential, according to a statement released by CNL on Thursday morning.

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WASHINGTON (AP) – Oct. 27, 2009 – Top Democrats in the Senate are pressing a plan that would extend a popular tax credit for first-time homebuyers but gradually phase it out over the course of next year.

The proposal, by Majority Leader Harry Reid, D-Nev., and Senate Finance Committee Chairman Max Baucus, D-Mont., would extend the $8,000 tax credit – which expires Nov. 30 – through March 31. Its value would drop by $2,000 for each of the subsequent three quarters of 2010.

The plan, which could face a vote in the Senate this week, appears aimed at countering a far more generous $17 billion bipartisan plan that would extend the $8,000 credit through June 30, 2010, boost the income cap for eligibility and open the credit to all buyers, rather than first-timers.
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Pending home sales rise again

WASHINGTION – Nov. 2, 2009 – Pending home sales rose again, marking eight consecutive monthly gains – the longest streak since measurement began in 2001, according to the National Association of Realtors® (NAR).

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of 103.8 in August, and is 21.2 percent higher than September 2008 when it stood at 90.9. The gain from a year ago is the largest annual increase on record, and the index is at the highest level since December 2006 when it was 112.8.

Lawrence Yun, NAR chief economist, said the momentum is understandable. “What we’re witnessing is a rush of first-time buyers trying to beat the expiration of the tax credit at the end of this month,” he says. “Home values will stabilize sooner rather than over-correcting. That, in turn, will mean wealth stabilization for the vast number of middle-class families and lay the foundation for a durable economic recovery.”
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September sales skyrocket as market approaches equilibrium
 
Real estate expert Barbara Corcoran listed Sarasota as the number one place in the nation to buy a property in her latest “hot market” prognostication. She cited the lower property prices – 30 percent below last year at this time – combined with a recent price surge of 13 percent in the last quarter, plus Sarasota’s unique “metropolitan” cultural appeal for boosting this area to the top spot.
 
On the Oct. 6th Today Show, Corcoran said Sarasota was the top place to buy real estate in the nation today, an opinion shared by SAR and most area real estate professionals.
 
As a confirmation of Corcoran’s report, home and condo sales jumped by 35 percent in September 2009, compared to the same month last year, and 9.7 percent from the August 2009 stats in the Sarasota market. Total sales stood at 554 in September, compared to 409 total sales in September 2008. The breakdown was 399 single family homes and 155 condos sold last month.
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1800 Ben Franklin Dr., #402
$1,670,000
3,964 Square-Feet

SELLER AUCTION @ The Beach Residences on Lido Key, Managed by Ritz Carlton * Offering Sought After Luxury & 5-Star Service to All Residents * This is the BEST Value in Entire Building @ $421/ft2 * This Unit is Being Offered $600,000 Below Fair Market Value * Being Sold Fully Furnished, with Complete Appliance Package * Expansive Floor Plan @ 3,964ft2 * Great Investment as Unit Rents for $12,000/Month in Season, & $10,000/Month out of Season * Gulf & Beach Views From Spacious Terrace, Family Room, & Master Suites * Oversized Tile, Laid on Diagonal, Throughout Living Areas * Private Elevator * Family Room with Wet Bar *  Granite Countertops in Gourmet Kitchen with Top-of-the-Line Cabinetry & Fixtures * Floor Plan Offers 2 Master Suites, Office/Den, & Guest Bedroom * Beach Residence Amenities Include: Valet Service, On-Site Maid Services, Resort-style Pool, State of the Art Fitness, Billiards Room, Full Spa, Social Room, Theatre with Stadium Seating, & Restaurant * Property will be auctioned December 5, 2009 at 2PM CENRAL TIME, Please call for details * This is not a “Bank Auction”, but a “Seller Auction” * Best Value in Beach Residence! Ready to Close Quick

For Private Showings & More Information Contact 941-448-4872

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Custom-Built, Racimo Ranches Home, in Immaculate Condition * 4 Bedroom / 2 Bath Spacious Floor Plan Accomodates Large Family Looking for Interior Space * 1+-Acre Lot & No-Deed Restrictions * Peaceful & Serene Setting with Pond in Back of Lot * Soaring Trees & Tropical Landscaping Provide Shading & Beautiful Curb Appeal on this Oversized Lot * Bring Your RV or Boat * Current Owner Built Home in 1991 * Large, Caged Pool & Oversized Lanai Perfect for Entertaining * Hardwood-Flooring in Bedrooms & Ceramic Tile Throughout Living Areas * New Roof in 2004 * French Doors Leading to Formal Living Room * Family Room off Kitchen Shows as Open Floor Plan * Sliding Glass Doors in Family Room & Master Bedroom Leading to Pool * Outdoor Shower *  Heavy Insulation Throughout Home * Radiant Barrier Roof * Solar Hot Water Heater * Hot Tub Does Convey in Sale * Volume Ceilings Throughout *  Total Appliance Package included in Sale * Interior Windows Provide Ample Amounts of Natural Lighting * Large Master Suite with High Ceiling * Walk-In Closets * Home is Well-Maintained & Shows Beautifully * Easy Access to I-75, Downtown Sarasota, & World-Renowned Beaches * Surrounded by Top Rated, Private & Public Golf Courses * Not a Short Sale or Foreclosure * Home is Priced to Sell

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HYATT SIESTA KEY BEACH IS NOW OPEN. SCHEDULE A TOUR TODAY!  Your dream of a home on Siesta Key Beach is now a reality! Hyatt Siesta Key Beach is the first luxury fractional ownership resort to be built in this area. You will be astounded by the level of luxury and attention to detail we’ve built into every single facet of Hyatt Siesta Key Beach. From the custom furnishings and top-of-the-line appliances to the lavish bed linens and legendary Hyatt Signature Service, we’ve overlooked nothing.  We have provided an enviable lifestyle on a beachfront property. Everything you would expect in a multimillion-dollar beachfront condo – at a fraction of the cost

- Pricing Ranges from $135,000 – $359,000 -
- Square-Footages on these Condos range from 1800ft2 – 2400ft2 -

Call Justin Shirley @ 941-448-4872 for More Information on these Luxurious Condos

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