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Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

Expert poll predicts further growth in the property market

12th Sep, 2012back

A poll conducted by Reuters has shown that respondents expect the house sales growth that has been experienced over the course of 2012 to continue into 2013, with the market expected to receive a further boost should the Fed buy any mortgage-backed debt.

One economist, Scott Brown from Florida, said: "We still have years to go for a full recovery." There was no denying, however, that a recovery is indeed underway. Paul Diggie, who is an economist in London, added: "Further lowering the cost [of credit] is unlikely to have a material benefit."

The Reuters poll expects house prices to rise by a further 2.5% over the course of 2013, which is a rise from the projected 1.8% witnessed in a poll taken in July. Consumer prices are also expected to see their value rise by around 2% over the same period.

Although the market is still expected to keep recovering, it might not be all plain sailing. An economist from the University of Central Florida, Sean Snaith, said: "Without a substantial improvement in the labor market, the housing market will continue to struggle."

Although sales are seen by some as weak, they are strengthening and home sales figures are expected to be at 4.55 million for the third quarter of 2012 and 4.7 million for the final quarter, and the 30-year mortgage rate average is expected to come in at around 3.72% this year.

History shows that it has been the housing market that has traditional led the US out of a recovery, and experts are hoping that this will continue to be the case.

Between 1976 and 2006 the value of building plots in Florida rose from an average of $15,000 to $250,000

The Lincoln Institute of Land Policy