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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

Vacancy rates falling across all sectors

11th Sep, 2012back

147 A new report released by the National Association of Realtors (NAR) has claimed that its latest figures show that commercial property across the country is poised for growth, despite perceived bumps in the road that could be caused by the struggles being witnessed in the jobs sector.


The data showed that across all sectors of the property market underlying fundamentals were supporting growth. Lawrence Yun, the chief economist for the National Association of Realtors, said: "Job creation in the second quarter was about half of what we saw in the first quarter, which is moderating demand in the office sector. Industrial and warehouse space is holding on better because imports and exports have advanced. While exports to Europe generally are down, trade has been robust with India, China and other Asian nations, along with Brazil, Mexico and our strongest trading partner, Canada."


Vacancy rates are still high and coming in above the historic averages, with the typical vacancy rate being 14.4% for the office market. This drops down to 10.1% for industrial, with a further fall to 8.1% in retail. Multifamily comes in lowest of all, with a vacancy rate of 5.8%.


The National Association of Realtors has noted that there has been a small decline in the number of vacancies available, which is a positive sign for the market. As rents are expected to increase across the second half of the year, the NAR sees no reason why the vacancy rates will not continue to drop.


In addition to a rise in commercial rents, apartment rents are also expected to rise by up to 4.1% over the course of 2012.

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