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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

President Obama urges Congress to "do more" to help

3rd Oct, 2012back

177 U.S. President Barack Obama has issued a challenge to Congress to do more to help homeowners pay their mortgages.  The news came as the U.S. housing market showed signs of growth and could be a welcome boost to struggling households.

 

Speaking as part of his weekly address, the president acknowledged that the prognosis was far healthier than in recent times, but was still keen to see progress in passing a bill that would let homeowners refinance their homes at more competitive rates.

 

The announcement comes against the backdrop of an upward trend in the U.S housing market.  Florida property for sale prices are rising by as much as 11.3 per cent in the metropolitan area of Miami, indicating that there has been a leap in demand over the last twelve months.  This growth is not just confined to single states, with a report from Corelogic suggesting that there has been 4.9 per cent increase nationally in August 2012 compared with the same time last year.  Mark, Fleming, Chief Economist at Corelogic commented: "The housing market's gains are increasingly geographically diverse with only six states continuing to show declining prices."

 

Investors are also looking to expand their portfolio in areas such as Manhattan, where sales of apartments have risen to their highest levels since the beginning of the financial crash.  In real terms this represents a 12 percent increase on a year ago and means that the number of units shifted is at its highest since Lehman Brothers winked out of existence in 2008.

 

Diane M.Ramirez, president of Halsted Property said that the growth is due to the increase in "consumer confidence" and was keen to stress that, "New York has shown true grit" to come through the worst of the financial buffeting and still represent a part of the nation where people can invest.