Monday, November 24, 2008

Huge Real Estate Opportunities in Northern Brazil!

Miles of undeveloped white sand beaches, great climate, warm water, and a weak Brazillian Real make for a timely investment.

- Matt Holstein, Associate Broker

Monday, November 17, 2008

In a down market, what can you do to find the "screaming" deals?

With inventory increasing in all parts of the real estate market, how do you find the “screaming” deals? Talk to Brokers, talk to Bankers, look for foreclosures, watch for price reductions?? That’s what Peak Brokers do all the time. But talk is always just that. The best way to get a “screaming deal” on a property that you feel has good long term investment potential (3 to 5 years), is to make a written offer at a price you feel reflects the market and your motivation to own that property

- Dale Potvin, Owner/Broker

'Boom' or 'bust' for the local oil and gas companies?

I’ve heard rumors that Shell Oil is hiring 1000 engineers to work on projects for future expansion of oil and gas in the Piance Basin. Yet, I’ve also heard that local County governments have been told to expect a 25% to 50% drop in immediate gas exploration due to prices falling and permits being limited. The current employment level is expected to remain stable but the growth is not going to be there like it has.

- Dale Potvin, Owner/Broker

Are time-share buyers looking for a way out?

What’s happening with the Residence at the Little Nell? Is the darling of the time-share industry going to deliver on time? I hear that the closings are being scheduled for February and March but there are some unhappy Buyers who want out due to the construction delays…Or, are these buyers just looking for a way out of their contracts due to a contraction of the real estate market?

- Dale Potvin, Owner/Broker