If you have been on vacation in Europe, or even Canada, lately, there's probably no doubt in your mind that the dollar's ongoing slump is bad news. The financial press has been filled with a debate over the pros and cons of the weak dollar for the economy, but what does it mean for the commercial real estate market.
Cheap dollars should make the U.S. commercial real estate more appealing to foreign buyers with stronger currencies. The dollar has been losing value to other currencies since 2003. The biggest problem is the hugh and increasing trade deficit. More fed rate cuts could make the situation even worse. The subprime crises has caused a lack of confidencein the U.S. It used to be seen as a safe haven Get used to it --the dollar is not going to recover anytime soon. But,evenually, the dollar will return to equilibrium and the trade deficit will stabilize to a lower rate, but it will take time. Yes, prices in the commercial market are attractive to foreign buyers since we are in a buyers market with a declining dollar. call Lowell Levine Bkr--for more information
Monday, April 7, 2008
COMMERCIAL REAL ESTATE-THE DECLINING DOLLAR
Posted by
Glenn Lugosi
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11:26 AM
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Friday, March 14, 2008
BUYERS BROKER
We are presently in a very difficult real estate market where purchasing a new residence is a complex, detail-oriented and often stressful transaction. Adding to the mix are REALTORS who are representing sellers and buyers, therefore making the best interest of neither party a priority and no one but the agent a winner. When a broker practices as an exclusive buyer agency, the broker only represents buyers in the transaction. This gives the buyer objective, focused and honest assistance in selecting their residence and making sure the financial details are in the buyer's best interest, not the seller's, the seller's agent or anyone else involved in the transaction.
I am a buyers broker. I provide my clients with the diligence, loyalty, confidentiality and accountability they need to make an informed and intelligent decision in this uncertain market. With over thirty years experience as a REALTOR and Broker, i can negotiate exclusively on behalf of my clients best interest once all the details about the property have been professionally evaluated. Call me at 561-514-4000 ask for Lowell Levine
Posted by
Glenn Lugosi
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11:31 AM
1 comments
Friday, February 8, 2008
FLORIDA COMMERCIAL MARKETS
The credit crunch is creating challenges in South Florida's commercial real estate markets for 2008. Higher costs to borrow money and tougher requirements impossed by the lending institutions,the contraction of some financing vehicles and the possibility of a recession threatens to compress rents,raise capitalization rates and slow sales of office,retail and warehouse properties. These conditions are creating an environment where cash is king and less experienced ,higher leverage buyers and operators are less able to maneuver. Like the residential market --commercial is vastly becoming a buyers market especially if cash is the dominate vehicle of purchase and the LTV is low. Therefore if you are searching for commercial property to buy in Palm Beach County or Broward County and you are in a strong cash position you will be able to negotiate the price to your favor.
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Glenn Lugosi
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11:20 AM
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Monday, January 14, 2008
PALM BEACH COUNTY COMMERCIAL
Scripps Research Institute is presently developing their organization in Palm Beach County--Jupiter area---Now Max Planck Society is committed to the same area . If the two were put together in an equation, their effect would seem more like multiplication. Scripps is the high throughput drug screening technology while Max Planck is the bio imaging technology. They are both complementary to each other.This gives them a hugh advantage in competing for federal research grants. we are looking at couple thousand jobs and 5,3 billion in gross state product in the first 20 years. FAU college is down the street in jupiter and will lead to new graduate programs. The quality of life for the residents in the area is strong and the commercial market will be even stronger based on all the services required by the new jobs and new home buyers.
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Glenn Lugosi
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10:34 AM
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Tuesday, October 23, 2007
wellington florida
Wellington Florida is a wonderful place to live and raise a family. The public schools are one of the best in the state and the shopping is great. the Wellington Greens Mall is centrally located in the town . Located only 10 miles from the Atlantic Ocean , Wellington as a bedroom community and is also the home of the Polo Club. The equestrian properties are breath-taking. We have an exclusive listing on 2.34 acres of land with 4 bedrooms and 5 baths plus 2 dens . This 5400 sq ft house is new and has a large pool area with a screened patio. Three car garage with a chef style kitchen has many many upgrades. The property is able to have 8 horses with the barn. Lowell Levine Broker @ 561-514-4000 is the exclusive listing Realtor
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Lowell Levine
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2:29 PM
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Sunday, October 14, 2007
Florida Commercial Properties
Assisted Living facilities including the land and the building
Vacant land available for commercial development --Citrus Springs County--Palm Beach County
Vacant land and lots available for residential development--Okeechobee County--North Port--Lehigh-Sunny Hills--Cedar Key
All types of businesses available in the state of Florida
Equestrian properties--Ocean front properties--Condos--Gated Golf club communities
Please call Lowell Levine -Broker/owner for all the details of what you are searching for.
561-514-4000 lowell@lowellestates.com
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Glenn Lugosi
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9:29 PM
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Labels: Commercial Properties
Sunday, September 9, 2007
Welcome to Lowell International Realty Group Commercial Real Estate
We are a full-service commercial brokerage operation. We offer the best in-depth knowledge and experience in an ever-changing marketplace. Whether you are interested in buying or selling land, multi-family units, office buildings, retail, shopping center, hotels, industrial health care, special purpose or just owner/user, we have complete access to the information.
Please visit our website for information about our commercial and residential real estate services.
Posted by
Lowell Levine
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10:32 PM
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