Luxury Resort Portfolio Update

The Smiths - Luxury Resort Portfolio
"The Definitive Source for Luxury Real Estate in South Florida”

We are pleased to announce
The Smiths - Luxury Resort Portfolio

Listing and Selling The Exclusive Communities of Palm Beach County

New To Market
Long Lake Estates
Offered at $5,295,000
(Click On Image to View Details)

Newly Priced
The Oaks at Boca Raton
Offered at $2,599,000
(Click On Image to View Details)


Newly Priced
The Oaks at Boca Raton
Offered at $1,199,000
(Click On Image to View Details)



The Smiths - Luxury Resort Portfolio
Recent Sales


"Just Sold" by The Smiths - Luxury Resort Portfolio
Mizner Country Club - Andalucia
List Price of $1,695,000
(Click On Image to View Details)

"Just Sold" by The Smiths - Luxury Resort Portfolio
The Oaks at Boca Raton
List Price of $2,450,000
(Click On Image to View Details)

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Preview All of Our Listed Estates
(Click Below)

The Smiths- Luxury Resort Portfolio
A Transaction Brokerage Team
Representing Both Buyers And Sellers
561.445.2282
561.445.2299

TheSmiths@LuxuryResortPortfolio.com

The information herein is believed to be accurate but not guaranteed and may be subject to errors, omissions and changes without notice. This is not to be construed as a solicitation of property presently listed for sale. All information is derived from the Palm Beach County Property Appraisers website and the MLS.

Tough Times Ahead

Real Estate projections for 2009-2010 are grim, and there is no way to sugar coat the news. Housing experts met in Las Vegas this week for the International Builders' Show to discuss trends and projections on "the recovery" and to meet with expert economists.

Economists predict there will be further declines in homes prices, new construction starts and the number of home sales, while mortgage defaults, foreclosures and unemployment rates continue to climb. It is the simple supply and demand theory...a "turn around" will not happen until the quantity of unsold homes that are on the market decrease. There are too many homes for sale on the market with not enough buyers in the market to purchase them. Buyer confidence is at an all time low for making significant purchases in this economy when the uncertainty of employment stability looms over all our heads.

To make matters worse, a risk index predicts that 97 % of the nation's metropolitan areas had a greater probability of home prices falling over the next two years. In addition, over half of these metropolitan areas have a risk index of home price declines greater than 50 %.

-The Smiths

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View Full Article:
http://luxuryresortportfolio.blogspot.com/2009/01/tough-times-ahead.html

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Preview All of Our Listed Estates
(Click on Image)

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For further information or if you wish to see your property featured here.
Please Contact: The Smiths - Luxury Resort Portfolio at (561) 445-2282 or
email at TheSmiths@LuxuryResortPortfolio.com


Inquire about "The Property Organizer" Feature we exclusively provide at Luxury Resort Portfolio.
It is an organizing tool that makes it easy to search for properties and to keep track of properties you are interested in. Whenever you see property listings that you like, you can save them for future reference and for sharing with family members and friends. "The Property Organizer" also allows you to easily manage your Email Update service and save your search criteria for later use.


click link below to view:
"The Property Organizer"

If you have any questions on how to set up specific community searches
or for your Mizner Country Club Real Estate Update
compliments of The Smiths - Luxury Resort Portfolio,
please call or email Philip at (561) 445-2282 or Philip@LuxuryResortPortfolio.com
for assistance.
We can set up your customized search and you will receive instant email updates
directly to your inbox.



The information herein is believed to be accurate but not guaranteed and may be subject to errors, omissions and changes without notice. This is not to be construed as a solicitation of property presently listed for sale. All information is derived from the Palm Beach County Property Appraisers website and the MLS.