Dale Sorensen

Last asking price $6.9 Million

OCEAN PEARL | 281 Blue Way Lane South | Vero Beach, FL - Oceanfront estate with 125 ft. oceanfrontage on 1.25 acres in gated community of Ocean Pearl in Indian River Shores. Mediterranean architecture with stunning features and custom finishes. Open living areas leading to oceanside pool. Beautifully furnished and appointed.

SOLD BY:
Matilde Sorensen 772.532.0010

LISTED BY:
K Mark McIntosh 772.473.9300

DALE SORENSEN REAL ESTATE | 3206 Cardinal Drive | Vero Beach, FL 32963

Netting a Winner

Nick Churton of Mayfair International Realty, based in London, comments on the property market after a busy spring.

For a few weeks this summer the English turned their attention from one national obsession and concentrated on another. During the soccer World Cup most eyes were on the English national side. Until that is they failed dismally and didn't even make the quarter finals.

In the US, soccer does not generate the fervour that it does in England. But it might do soon. If the forecasts are correct every state in the union will have a population with a Latino majority by about 2045. If the English are considered football crazy then those from the Latin countries are even crazier. They have all that same enthusiasm but without any of the British reserve. This time England managed a draw with the US team. In World Cups to follow they may not be so fortunate.

So, with England out of the World Cup, attention, once again, was focused back to another national obsession - real estate.

Like soccer, the English invented the game of real estate. Unlike soccer they remain rather good at it. But there are parallels. Real estate features endlessly in the UK press; it is a major talking point in bars and pubs and most people don't think they can lose - until they do.

Before the World Cup there was a general election so one of the new UK government's first tests has been to steady a real estate market rocked by the global credit crisis. They could easily have made things worse but resisted imposing high tax rises despite a massive fiscal deficit. As a result inventory has risen. Sadly, sales have not mirrored these numbers. Frustratingly the banks have kept the drawbridge firmly shut and are dispensing mortgage money in measures that would make Scrooge proud.

But all is not so bad. The market is still active and certain places are actually humming. London is once again an international magnet for real estate investors. In the uber-luxury market most buyers are from overseas as itinerant high net worth investors seek a safe haven for their cash by converting it into a tangible assets. This group includes the French, the Italians and more recently the Greeks, Spanish and Portuguese. All these have sought to profit also from the weak sterling exchange against the Euro, although this is not so attractive as it once was.

A strengthening pound has meant that more people in the UK are looking for real estate abroad and the numbers of those enquiring about homes in North America and the Caribbean has risen dramatically. So a new real estate game has started. Let's hope everyone plays to their full potential unlike another team most English people could mention!

Dale Sorensen Real Estate is pleased to announce the newest full-service real estate office opening at the luxurious Ocean Park building, which is located oceanside on Ocean Drive in Vero Beach, Florida. The DSRE Ocean Park office will officially open for business beginning on July 1st, and will become the newest branch of our 32-year old independent real estate company.

After careful consideration the Ocean Park offices were selected as the ideal marketplace location for expanding our customer service model while staying within our focused area. While the Ocean Park office will specialize on the sale and development of the 12 stunning Ocean Park residences, it will also provide the same full-service real estate expertise that you have come to know and expect from our staff and associates at Dale Sorensen Real Estate.

The Ocean Park office of Dale Sorensen Real Estate will continue to offer the same worldwide leading marketing exposure as our other DSRE offices. In addition, Dale Sorensen Real Estate maintains membership in some of the most exclusive affiliations in the world such as Leading Real Estate Companies of the World, Who's Who in Luxury Real Estate and Mayfair International Realty, which cover important International markets, which will provide your property with exposure to buyers in very influential markets across the United States and throughout the world. Dale Sorensen Real Estate is proud to have in its employ some of the most successful and experienced sales associates in Vero Beach. These successful associates have contributed to the exceptional growth that we have experienced and to our position as the #1 Real Estate Company in Vero Beach.

Contact us at 772.231.4712 for more information or you can visit us on the web at www.SorensenRealEstate.com

Enjoy these beautiful photographs that were taken just a few days ago a few miles out in the Atlantic Ocean right out of Vero Beach, Florida. A few of our Dale Sorensen Real Estate agents went out fishing and captured some of the greatest oceanlife photographs - Thank you to Janice Reynolds from the Reynolds Team for sharing these amazing photographs! This is one of the many reasons we love to live in beautiful Vero Beach!

We are so proud of our agents that have started this year working incredibly hard bringing buyers and sellers together in Vero Beach!

Visit our website for more information about our company

www.SorensenRealEstate.com

Dale Sorensen Real Estate
3206 Cardinal Drive
Vero Beach, FL 32963
772.231.4712