Another addition to the Florida biotech boom just received the initial OK in Palm Beach Gardens. The project will be across from Florida Atlantic University, and calls for a 20 year plan to build more than 500,000 sf of commercial and retail, as well as 300+ hotel rooms and 1.2 MILLION sf of office space.
This project will be a huge benefit to the Martin County real estate market. With some of the highest rated schools in the state . . . and the top rated high school, you can bet the scientists working in the biotech industry in Palm Beach Gardens will choose to live in Jensen Beach and the rest of Martin County.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Our Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece about how to find a Great Buy and what traps to avoid - Click Here
Monday, December 21, 2009
Tuesday, November 10, 2009
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(Contributed by Mike Morgan, CRS, GRI, SRES, e-PRO, Foreclosure Specialist)
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Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-370-7999 or visit our website FloridaHomes.PRO
Sign Up for Our Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece Mike Morgan, CRS, SRES, GRI, e-PRO wrote about how to find a Great Buy and what traps to avoid - Click Here
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Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-370-7999 or visit our website FloridaHomes.PRO
Sign Up for Our Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece Mike Morgan, CRS, SRES, GRI, e-PRO wrote about how to find a Great Buy and what traps to avoid - Click Here
Friday, November 6, 2009
BioTech Growth to Help Martin County and Jensen Beach, Florida
More great news for Florida's future and Martin County. Bert Sakmann, a Nobel Laureate, has been named the Scientific Director of the Max Planck Florida Institute based in Jupiter. Even though the bio-tech park is in Palm Beach county, Martin County will benefit tremendously from firms servicing the industry, as well as scientists working at the bio-tech park that want to take advantage of Martin County's A-Rated schools.
Research at the Max Planck Institute will focus on bio-imaging, working closely with their neighbor, Scripps Florida. The Max Planck institute will be creating 1,824 jobs and $2.4 billion in labor compensation over 20 years in return for almost $200 million in incentives from the State, Local Government and partners.
The permanent facility of the institute is a 100,000 sqaure foot state of the art biomedical complex expected to open in 2011.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
Research at the Max Planck Institute will focus on bio-imaging, working closely with their neighbor, Scripps Florida. The Max Planck institute will be creating 1,824 jobs and $2.4 billion in labor compensation over 20 years in return for almost $200 million in incentives from the State, Local Government and partners.
The permanent facility of the institute is a 100,000 sqaure foot state of the art biomedical complex expected to open in 2011.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
Toy Drive Starts - Martin County Residents Invited
Children's Home Society of Florida's Treasure Coast has launched their 2009 Toy Drive to ensure every child in its foster care and adoption program receives at least one new toy this holiday season. The Society provides toys to more than 600 abused, neglected and abandoned children in Martin, St. Lucie, Indian River and Okeechobee counties.
New unwrapped toys are being accepted, as well as sponsorships. For additional information contact:
Dee Benjamin at (772) 489-5601 x261 or email Dee.Benjamin@chsfl.org or
Sharon Lear (772) 489-5601 x245 or email Sharon.Lear@chsfl.org
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
New unwrapped toys are being accepted, as well as sponsorships. For additional information contact:
Dee Benjamin at (772) 489-5601 x261 or email Dee.Benjamin@chsfl.org or
Sharon Lear (772) 489-5601 x245 or email Sharon.Lear@chsfl.org
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
Tuesday, October 20, 2009
Best Omelettes, Breakfasts and Sandwiches in Jensen Beach
Jan's Place is on the move again. After being out of town for two years, and then returning to their old spot on the Jensen Beach circle, they've decided to do it right. The Trudel family, Bob, Jan, Katie and Matthew are reopening down the street in the former Kilwins at 1990 NE Jensen Beach Boulevard.
They've had the windows covered with paper, so we can't even get a peek inside, but I'm sure it is going to WOW everyone. By the way, for those of you planning on visiting for the first time, their is plenty of parking in the rear.
The Grand Opening is set for November 1st. All I can say is: "I can't wait!"
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
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They've had the windows covered with paper, so we can't even get a peek inside, but I'm sure it is going to WOW everyone. By the way, for those of you planning on visiting for the first time, their is plenty of parking in the rear.
The Grand Opening is set for November 1st. All I can say is: "I can't wait!"
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Saturday, October 17, 2009
Florida Foreclosure Troubles are Great Opportunity for Buyers
Miami-Dade Circuit Judge Jennifer Bailey was recently quoted as saying the biggest challenge the system faces is "to keep morale up." In 2006 Miami-Dade saw 3,474 foreclosure cases. For the first six months of this year, they have handled 34,417.
That's not a misprint.The scary part is the first three months of this year, bankers were under a wink-wink order from Captain Obama to hold off on foreclosures . . . as if that would somehow help matters. It has not. In fact, Miami-Dade could see more than 50,000 foreclosures during the last six months of 2009, bringing the total close to 100,000 or almost 30 times what it was in 2006.
And this is not just Miami-Dade. The Port St. Lucie market and the Martin County market are facing similar issues.
OPPORTUNITY - Banks are so screwed up at this point, that most of them are either over pricing properties, hoping for a miracle, or they are under-pricing properties . . . leaving HUGE opportunities for first time buyers, relocating buyers, investors and flippers. If you're interested in foreclosure opportunities, call me - Mike Morgan at 888-227-5217 or email me Mike@FloridaHomes.pro I'll help steer you around the traps and into profitable and secure opportunities.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
That's not a misprint.The scary part is the first three months of this year, bankers were under a wink-wink order from Captain Obama to hold off on foreclosures . . . as if that would somehow help matters. It has not. In fact, Miami-Dade could see more than 50,000 foreclosures during the last six months of 2009, bringing the total close to 100,000 or almost 30 times what it was in 2006.
And this is not just Miami-Dade. The Port St. Lucie market and the Martin County market are facing similar issues.
OPPORTUNITY - Banks are so screwed up at this point, that most of them are either over pricing properties, hoping for a miracle, or they are under-pricing properties . . . leaving HUGE opportunities for first time buyers, relocating buyers, investors and flippers. If you're interested in foreclosure opportunities, call me - Mike Morgan at 888-227-5217 or email me Mike@FloridaHomes.pro I'll help steer you around the traps and into profitable and secure opportunities.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Thursday, October 15, 2009
Music Therapy Practice Opens in Jensen Beach
Michelle Erfurt has opened Erfurt Musical Therapy, to help people achieve a broad array of physical, social, cognitive and communication goals. Music therapy uses interventions including singing, dancing, instrument playing and songwriting. Michelle is a board certified music therapist. Erfurt Musical Therapy is located at 3282 NE Skyline Drive in Jensen Beach. For additional information, visit EfurtMusicTherapy.com or call Michelle Erfurt at (614) 832-8664, or email MichelleErfurt@yahoo.com
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Sunday, October 4, 2009
Jensen Beach Town Houses to Be Sold in Foreclosure
On Thursday, October 8th, at the Martin County Courthouse, 12 town houses in the Renar River Place development will be sold to the highest bidder. With a $4.3 million judgment, Bank of America will be lucky to see anyone bid higher than about a third of their judgment amount.
Deal or No Deal? We'll be watching. I've advised my clients to bid no more than $1,020,000 or $85,000 a unit, and I'm not even happy with that. Unlike the Cynergi deal in Miami the other day, this development has an absolutely horrible location. It should have never been built, and obviously no one at Bank of America did any due diligence. But the developer walked away with a huge paycheck for a development that will sit empty or eventually become some type of affordable housing.
If you're interested in bidding, I suggest you call me before Wednesday. Mike Morgan - 772-260-5448
Deal or No Deal? We'll be watching. I've advised my clients to bid no more than $1,020,000 or $85,000 a unit, and I'm not even happy with that. Unlike the Cynergi deal in Miami the other day, this development has an absolutely horrible location. It should have never been built, and obviously no one at Bank of America did any due diligence. But the developer walked away with a huge paycheck for a development that will sit empty or eventually become some type of affordable housing.
If you're interested in bidding, I suggest you call me before Wednesday. Mike Morgan - 772-260-5448
Jensen Beach Sidewalks Program Moves Ahead
The goal is to connect Jensen Beach Boulevard and Savannah Road with the proposed southern segment of the Green River Parkway. The cost . . . $185,000 completely funded by a Department of Transportation grant, the Savannah Road portion will be an eight-foot wide sidewalk on the northeast side of the roadway and a six-foot wide sidewalk on the southwestern side. When completed we will have a 4.5 mile loop around Jensen Beach.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Monday, September 21, 2009
Chinese Drywall Problems Continue in Jensen Beach Florida
The nightmare continues as the court system works its way to a settlement. The big issues will be who is going to pay and then . . . who is going to do the work.
Years ago the polybutelene pipe class action resulted in a huge class action fund that homeowners could apply to for replacement of their polybutelene pipes. There were a lot of hoops to jump through, and then there was the problem of who to do the work.
This work involved cutting holes in the walls, then cutting out the poly pipe and replacing with copper or other composite pipes. After the pipes were replaced, the walls had to be repaired. I was an executive of a large company that did the best work in the country. We were often called in to fix other contractors' mistakes.
Chinese drywall can be even worse. Now we're talking about ripping out ALL of the drywall in a home. That means all of the kitchen cabinets must come down and all of the molding, frames, etc. Basically, to do it right, you must de-contstruct the interior of a home and then put it back together. There is also the unknown danger of the remediation and disposal process. And no one knows what long term effect Chinese drywall has already placed on these homes.
Most of the big contractors are not interested in this work. There are too many risks in doing the work, and too many long term unknowns. The big question will be . . . who is going to do the work, and will insurance companies insure these homes once they are "repaired."
There is another answer. Bulldoze these homes and build new ones or just leave the lots empty until the inventory glut is eaten away. Bulldozing toxic homes is not that bad of an idea if the insurance industry, the home builders and the manufacturers are going to fund it. It would kill two birds with one stone.
The downside would be entire developments stripped to the ground. And maybe that is not such a downside in this market. I still believe the home builders have far more liability than they are accepting. They knew there were problems with these homes, but they refused to properly investigate. They were too busy building homes for flippers that are now standing empty or being foreclosed by the millions.
My advice to clients thinking about buying a home with Chinese Drywall or a home where the Chinese Drywall has been replaced . . . is to run the other way. Don't even think about it because you have no idea what the long term effects will be, and there is now a standard disclosure form for Chinese Drywall so when you go to sell the house, you may also have a problem.
My advice to clients that have homes with Chinese Drywall is to find new attorneys. You need to go back and look at what the builders new and when. Not only that, but what the builders should have known when they were seeing the corrosion that the drywall created.
I can tell you one thing. The sharks are going to clean house on this one. I look at some of the attorneys involved in these cases and just have to laugh. They're main concern is their cut and how fast they can cut themselves loose from this case. OR . . . how long they can stay on the payroll of this case as the fund disburses remediation monies. Either way, it is ugly for the consumer and rosy for the sharks and the builders that made hundreds of millions on these homes.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a home or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Years ago the polybutelene pipe class action resulted in a huge class action fund that homeowners could apply to for replacement of their polybutelene pipes. There were a lot of hoops to jump through, and then there was the problem of who to do the work.
This work involved cutting holes in the walls, then cutting out the poly pipe and replacing with copper or other composite pipes. After the pipes were replaced, the walls had to be repaired. I was an executive of a large company that did the best work in the country. We were often called in to fix other contractors' mistakes.
Chinese drywall can be even worse. Now we're talking about ripping out ALL of the drywall in a home. That means all of the kitchen cabinets must come down and all of the molding, frames, etc. Basically, to do it right, you must de-contstruct the interior of a home and then put it back together. There is also the unknown danger of the remediation and disposal process. And no one knows what long term effect Chinese drywall has already placed on these homes.
Most of the big contractors are not interested in this work. There are too many risks in doing the work, and too many long term unknowns. The big question will be . . . who is going to do the work, and will insurance companies insure these homes once they are "repaired."
There is another answer. Bulldoze these homes and build new ones or just leave the lots empty until the inventory glut is eaten away. Bulldozing toxic homes is not that bad of an idea if the insurance industry, the home builders and the manufacturers are going to fund it. It would kill two birds with one stone.
The downside would be entire developments stripped to the ground. And maybe that is not such a downside in this market. I still believe the home builders have far more liability than they are accepting. They knew there were problems with these homes, but they refused to properly investigate. They were too busy building homes for flippers that are now standing empty or being foreclosed by the millions.
My advice to clients thinking about buying a home with Chinese Drywall or a home where the Chinese Drywall has been replaced . . . is to run the other way. Don't even think about it because you have no idea what the long term effects will be, and there is now a standard disclosure form for Chinese Drywall so when you go to sell the house, you may also have a problem.
My advice to clients that have homes with Chinese Drywall is to find new attorneys. You need to go back and look at what the builders new and when. Not only that, but what the builders should have known when they were seeing the corrosion that the drywall created.
I can tell you one thing. The sharks are going to clean house on this one. I look at some of the attorneys involved in these cases and just have to laugh. They're main concern is their cut and how fast they can cut themselves loose from this case. OR . . . how long they can stay on the payroll of this case as the fund disburses remediation monies. Either way, it is ugly for the consumer and rosy for the sharks and the builders that made hundreds of millions on these homes.
Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a home or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO
Sign Up for Mike's Florida Real Estate Blog - Click Here
Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
.
Sunday, September 20, 2009
Jensen Beach - Real Estate, Homes for Sale and More
Welcome.
This is the very first post to this blog. I will be sharing information about Jensen Beach, Florida from homes for sale to restaurants, things to do, special events, volunteer groups, and so much more.
If you have specific areas of interest, please let me know.
Mike Morgan, J.D., CRS, GRI, SRES
Broker - Morgan Florida Real Estate Team
Direct - (772) 260-5448
Email - Mike@FloridaHomes.pro
And please visit our website for a wealth of information - http://www.floridahomes.pro/
For all homes for sale in Jensen Beach, Florida - Click Here
.
This is the very first post to this blog. I will be sharing information about Jensen Beach, Florida from homes for sale to restaurants, things to do, special events, volunteer groups, and so much more.
If you have specific areas of interest, please let me know.
Mike Morgan, J.D., CRS, GRI, SRES
Broker - Morgan Florida Real Estate Team
Direct - (772) 260-5448
Email - Mike@FloridaHomes.pro
And please visit our website for a wealth of information - http://www.floridahomes.pro/
For all homes for sale in Jensen Beach, Florida - Click Here
.
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