Number of Contracts to Buy Homes at Highest Point Since July

By: The Associated Press March 28, 2016 Updated: March 28, 2016 at 9:17 am 

Number of Contracts to Buy Homes at Highest Point Since July

Linton Global Real Estate Investments

Linton Global Real Estate Investments

More Americans signed contracts to buy homes in February, with purchases surging ahead of the traditional spring buying season.

The National Association of Realtors said that its seasonally adjusted pending home sales index rose 3.5 percent to 109.1, rebounding from a 3 percent decline in January. The index has reached its highest level since July 2015.

The increase in signed contracts occurred despite a shortage of homes on the market. The gain suggests a strong start to the spring home buying season, after some recent reports have hinted at a possible slowdown as rising prices have hurt affordability.

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Pending sales contracts are a barometer of future purchases. A sale is typically completed a month or two after a contract is signed.

The recent pending sales report indicates that demand remains solid even though home prices are rising and buyers have a limited number of listings from which to choose.

Number of Contracts to Buy Homes at Highest Point Since July

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17201 Biscayne Blvd, Unit 2110 
North Miami Beach, FL. 33160
Offered at $1,899,000
 
Spacious 2,600 SF 2 Bedroom/3.5 Bathroom corner unit with panoramic views of the ocean, bay & Aventura sky line! 
Unit features wide terraces, Snidero cabinets, Sub-Zero, Wolf & Miele appliances, floating Italian vanities and frameless glass enclosures. Building includes smart technology, infinity pool, jacuzzi, fitness center, spa & sauna. 24 hour valet, security, concierge and full service Marina & Yacht Club.
 
 
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17201 Biscayne Blvd, Unit 1510 
North Miami Beach, FL. 33160
Offered at $1,700,000
 
Spacious 2,600 SF 3 Bedroom/3.5 Bathroom corner unit with panoramic views of the ocean, bay & Aventura sky line! 
Unit features wide terraces, Snidero cabinets, Sub-Zero, Wolf & Miele appliances, floating Italian vanities and frameless glass enclosures. Building includes smart technology, infinity pool, jacuzzi, fitness center, spa & sauna. 24 hour valet, security, concierge and full service Marina & Yacht Club.
 
 
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17201 Biscayne Blvd, Unit 1408 
North Miami Beach, FL. 33160
Offered at $1,030,000
 
Spectacular 1,893 SF 2 Bedroom+Den Convertible/3 Full Bathrooms with panoramic Northeast views of the ocean, bay & Aventura sky line! Unit features wide terraces, Snidero cabinets, Sub-Zero, Wolf & Miele appliances, floating Italian vanities and frameless glass enclosures. Building includes smart technology, infinity pool, jacuzzi, fitness center, spa & sauna. 24 hour valet, security, concierge and full service Marina & Yacht Club.
 
 

 
 

 
 
 

LISTED BY 

Marina Palms Realty, LLC | 17201 Biscayne Boulevard | North Miami Beach | FL | 33160

Honor your past and embrace your future with these ideas for easing the transition during a move!

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Call Linton Global Today To Buy A Home (386) 506-8848

Honor your past and embrace your future with these ideas for easing the transition during a move! Leaving a home, especially one you’ve lived in for many years, can be hard — and so can getting settled into a new house that doesn’t really feel like home yet. Whether you are downsizing or moving into your dream home, these ideas should help ease the transition.

Saying Goodbye to Your Old Home

Take photos of your old home before you pack your stuff. Part of what’s hard about leaving a place is knowing you’re also leaving the time you inhabited it. Little ones will be growing bigger in the next home, and everyone will be on to new things. Documenting your old house is just as much about treasuring where you are at this moment in life as it is about those hardwood floors and great light. If you have kids, be sure to include a few photos of them in your old home, doing what they do best: playing, building, drawing on the table, dropping cereal on the floor; you’ll appreciate it later. Take pictures of your rooms when they’re not clean and tidy, but just as they are on a normal day. The snapshot of life as you live it is far more meaningful than tidiness. If you want, collect the photos into a small album with a photo of your home and the address on the front. This album has a dual purpose — it’s good for working through emotions you may be feeling about leaving a beloved home, and it acts as a realistic record to look back on when you find yourself waxing nostalgic.

Leave your mark. If you’ve ever found an artifact from another time hidden in an attic or under a floorboard, you know how thrilling it can be. Why not leave your own little treasure for some future owner to find? Go classic with a time capsule, write a letter or let your child leave a small treasure box. Or leave your mark in a more literal way by carving your initials into a secret spot, like in an attic or on the ceiling of a closet.

Have a “goodbye, house” party. Invite your closest friends and family to celebrate at your old place one last time. There’s no need to clean up — partying amid the moving boxes is totally acceptable. If you can, have music playing for ambience, and ask friends to bring paper plates and takeout snacks. And if you’ve made friends of some of the neighbors, don’t forget to invite them, too.

Toast your old home. Raise a glass of champagne or cider, and toast your old house before you go. If one toast doesn’t seem like enough, invite friends and family to share stories about things that happened at this house, and end each story with a hearty “To the house!”

Saying Hello to Your New Home

Freshen up. Moving into a new house can be an unsettling experience. Nothing looks, feels or even smells the same. Start things out on the right foot by giving the new place a quick refreshing with good-smelling organic cleaning spray in cupboards and on counters and floors. Open the windows on your first day in the new home and light a few candles in the evening.

Treat your new home to a few special goodies. They don’t need to be much, because after a big move, even the littlest pleasures will be most welcome. Think a bouquet of flowers from the grocery store, a bar of your favorite soap or a stack of fluffy new hand towels.

Host a housewarming party, no gifts required. It should be about bringing some life and love into your new space, not getting stuff, so feel free to include a friendly “no gifts, please” on the invites (or in the email). Who you invite is totally up to you — some folks enjoy inviting all of the new neighbors, open-house style; some enjoy a more tightly knit celebration with family and a few friends.

Put your stamp on the new place. Paint a wall, hang some art, order curtains — it doesn’t really matter what, just do something that makes your new place feel like you. Investing time and bringing treasures into your new house will help propel you toward feeling at home.

Living in Ponce Inlet Florida

Living in Ponce Inlet Florida

Living in Ponce Inlet Florida by Mike and Peggy Linton Managing Partners of Linton Global

The Towers of Ponce Inlet in Ponce Inlet Florida

The Towers of Ponce Inlet in Ponce Inlet Florida

When we first moved to Florida we rented a condo in Ponce Inlet Florida just south of Racing’s North Turn. The name of the complex was “The Towers of Ponce Inlet” which was developed by DiMucci Development which is located in Port Orange, Florida.

There are six condo buildings in a row here. The Towers of Ponce Inlet have 3 Oceanfront Pools, Jacuzzi, Fitness, Sauna, Social Room, Tennis, Underground Parking, 24 hr security,  and is located on a No Drive Beach.

We rented our 2 bedroom condo from a couple from Indiana while we were building our home in Port Orange. Later, we sold that 2 br and moved into a 3 bedroom that they also owned in the same building.

Living in Ponce Inlet was simply an amazing experience for us. Every morning we would awaken to some of the most beautiful sunrises over the Atlantic Ocean. There is nothing like having your morning cup of coffee while staring at the ocean, except maybe having all of your meals on your balcony. LOL. (Since Mike does all of the cooking, Peggy used to call it Mike’s Oceanfront Diner)

Mike and Peggy Linton - Living The Florida Lifestyle

Mike and Peggy Linton – Living The Florida Lifestyle

Being on a no drive section of the beach made living in Ponce Inlet very relaxing. Spending the weekends soaking up the sun was a great way to unwind after spending the week selling oceanfront condos in Daytona Beach Shores. It was a toss up though as far as relaxation goes. The oceanfront pools were a great way to cool off from the hot Florida sun. 

We sometimes regretted moving away from the ocean into a single family home. The maintenance free lifestyle was pretty awesome.

If you would like for use to send you a current list of condos for sale in Ponce Inlet – give us a call at (386)506-8848. We will email that list out right away.

How Many Properties Do You Need To Own To Retire in Florida: An Investors Guide

How Many Properties Do You Need To Own To Retire in Florida: An Investors Guide

Michael Linton: Real Estate Investor | Founder Linton Global

Michael Linton: Real Estate Investor | Founder Linton Global

Do you have a goal to retire in Florida? Not too long ago I made the decision to retire in Florida (It was after moving back to the Chicago area for about 6 months) so I sat down and mapped out a plan that was designed to help me achieve this goal. I want to share this goal with you here. (Share this plan with your friends by utilizing the social media buttons above)

I first decided I wanted to get into real estate investment back in 1985 (only 3 years out of high school) after reading Financial Genius by Mark O. Haroldsen. From thereon, I was determined to become more erudite in the field of real estate. Since then, I have more than three decades experience in real estate analysis, financial modeling, mortgage banking, due diligence, real estate fund management, construction management and real estate brokerage. You may download my online resume here at HireMikeLinton.com.

After reviewing my resume, you can concur that I am qualified to assist you in your retirement aspirations here in Florida.

So back to the original question; How Many Properties Do You Need To Own To Retire in Florida?

How Many Properties Do You Need To Own To Retire in Florida?

How Many Properties Do You Need To Own To Retire in Florida?

The answer is …. it depends.

It really depends on your lifestyle. Do you want to retire with just your basic needs being met or do you wish to travel, play and enjoy the finer things in your golden years. But be careful not to become house poor. 

My wife Peggy and I always tell our customers that we do not want to run into our customers at the grocery store buying ramen noodles while we are buying steak.  Be careful not to over-extend yourself with debt. I got into trouble back in 2006. I should have exuded the wisdom of Proverbs 22:7 which simply states the borrower is slave to the lender.

Deciding on the number of properties to own also depends on your investing strategy. Today my strategy is much different that 2006. Back then it was about flipping properties. Investors were more like day traders in the stock market. I saw investors flipping condos in Daytona Beach and walking away with more than $80,000 after owning the property for about 10 minutes. This strategy worked well until the credit crunch and the financial meltdown of 2008. My strategy today is buy and hold, paying off properties and owning them free and clear. My sub-strategy is to think like a banker. My goal is to have 2 Million in assets working for me.

Give me a call and we will figure out a plan that works for you.

What Can Owning Rental Properties Provide You With?

Owning rental properties can provide you with:

  • Cash Flow
  • Fantastic Returns
  • Tax Advantages
  • Leverage

 

Increasing the Earning Power of Real Estate Investments with a 1031 Exchange

I wrote an article previously about increasing the earning power of real estate investments with a 1031 exchange, but let me summarize here.

What is a 1031 Exchange?

A 1031 Exchange is a tax shelter that allows an investor to defer their taxable event from the sale of their investment property. 

When completing a 1031 exchange, an investor can increase their portfolio of wealth.

The real estate investor can change the type of investment property. Maybe you want to change your investment from single family to commercial properties.

About Linton Global Real Estate Investing

Investing in high quality real estate is easy with the Linton Global Real Estate Team. We utilize the Mega Team expansion system that has allowed us to build a central processing hub located in our home base in Florida, while utilizing partner networks under the team brand, Linton Global. Currently we service the cities and suburbs of Orlando Florida, Daytona Beach Florida, and Miami Florida.

While the concept Mega Agent Expansion may just be entering the minds of many agents, Keller Williams is home to a growing group of mega agents who are already experiencing enormous success through expanding their businesses into multiple markets. – Posted on February 10, 2015Keller Williams Realty International 

 

 

 
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Is Retiring in Florida all it is Cracked Up to Be?

Now that baby boomers are reaching retirement age, Florida is being deluged by a new wave of retired residents. There are many benefits to living in Florida.

If you decide to move here for retirement some of the key factors will be what part of the state will you live in?

 

It is also a lot of fun to be with your peers and to be able to enjoy a lively retirement. If you are concerned about moving away from your family, rest assured that they will be eager to come and visit in the winter.

 

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