Katerina Brosda

Trump Palace Condo HOTLINE: (786) 406-1757

The Trump Grande Ocean Resort and Residences exceeds the expectations of even the most discriminating clientele, having set a new standards for opulence, exclusivity and luxury living. Its super-contemporary design and sensibility exudes grace and style. Designed to accommodate those accustomed to quality and service, the Trump Grande properties, Trump Palace and Trump Royal, offer every comfort, convenience and pleasure in a portfolio of amenities that redefine prestige.

Expansive sea vistas provide the backdrop for an enclave designed for a rich, sophisticated lifestyle.

This prestigious property has emerged as one of South Florida's most sought-after addresses and is reserved for those with uncompromising taste and requirements.

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Trump Palace Sales & Rental HOTLINE (786) 406-1757

Destination: Elegance...

Witness the emergence of the new Miami Beach Riviera on the shores of one of the world's great tropical destinations. Trump Palace at Trump Grande lies at the midpoint of the Miami Beach - Ft. Lauderdale corridor for the utmost convenience for air travelers and residents alike. Exclusive by both nature and design, the barrier island of Sunny Isles Beach sets the stage for complete immersion in the area's unparalleled blend of culture and leisure.

Sunny Isles Beach, Fla., Nov. 19, 2008 - Sales of existing single-family homes in Florida rose 5 percent in third quarter 2008 compared to the same period last year, according to the latest housing statistics from the Florida Association of Realtors® (FAR). A total of 33,203 existing homes sold statewide in 3Q 2008; during the same period last year, a total of 31,558 existing homes sold statewide.

"Coming on the heels of positive sales activity in September, Florida's existing home sales are once again above year-ago levels in the third quarter," says 2008 FAR President Chuck Bonfiglio. "Despite lending restrictions and the difficulties of finding affordable credit, we're seeing buyers take advantage of homeownership opportunities in the current market - buyers who want to make a long-term investment in their future. And, more than ever, people are turning to Florida Realtors to find the professional expertise, knowledge and friendly guidance they need to make the complex process of buying or selling their home go more easily and smoothly."

The statewide existing-home median sales price was $185,400 in the third quarter; a year ago, it was $233,200 for a decrease of 20 percent. In 2003, the third-quarter statewide median sales price was $163,700, which reflects an increase of about 13.3 percent over the five-year period. The median is a typical market price where half the homes sold for more, half for less.

Twelve of Florida's metropolitan statistical areas (MSAs) reported increased sales of existing homes in the third quarter compared to the same three-month-period a year ago, while seven MSAs also showed gains in condo sales. A number of local markets have reported increased sales activity over the past few months, according to FAR.

Florida Realtors continued to report positive signs for the state's housing sector in the third quarter, including an increase in pending home sales (based on contracts signed but not closed) and a slower rate of expansion of inventory levels in some areas.

To gain insight into current trends in Florida's real estate industry, the University of Florida's Bergstrom Center for Real Estate Studies conducts a quarterly survey of industry executives, market research economists, real estate scholars and other experts. According to the third quarter 2008 survey, the investment outlook for various types of properties remains steady. "People who have responded to our surveys have not lost their faith in Florida as a place to be and a place to invest," said Dr. Wayne Archer, director of UF's Bergstrom Center for Real Estate Studies. "We have 40 pages of comments from our respondents, and although the dominant theme is the disruption of financing, perhaps the second theme, as one person put it, is people being on the sidelines with full pads and helmets just waiting to jump back in."

Over the long term, Florida stands to benefit from the migration of new residents, particularly as baby boomers age, Archer said, adding that the Sunshine State's mild climate and outdoor amenities continue to make it an attractive retirement destination.

In the year-to-year quarterly comparison for condo sales, 9,472 units sold statewide for the quarter compared to 9,680 in 3Q 2007 for a 2 percent decrease. The statewide existing-condo median sales price was $160,000 for the three-month period; in 3Q 2007, it was $196,000 for an 18 percent decrease.

Continuing low mortgage rates remain another favorable influence on the housing sector. According to Freddie Mac, the national commitment rate for a 30-year conventional fixed-rate mortgage averaged 6.32 percent in third quarter 2008; one year earlier, it averaged 6.55 percent.

Amid the pundits pondering of the housing market and nowadays also the stock market, existing-home sales have been up again in a year-to-year comparison report issued on Friday by the National Association of Realtors. This continues a three months consecutive trend of increases in housing starts compared to 2007 data.

The stock market reacted favorably to the housing news and bargain hunters drove up markets with sharp gains.

Experts agree that on the housing front sales have reached a bottom, but prices are due to further adjust downward in certain markets, before stabilizing and then rebounding. The NAR expects existing-home sales totaling 5.02 million in 2008, rising to 5.32 million in 2009 and 5.62 million in 2010. As far as new-home sales the trade group expects those to decline in 2009 to 413,000 before rebounding to 520,000 in 2010.

Major media outlets did not promise to refrain from spreading unfounded, speculative, misleading or even false information, even if they should be aware of such falsities. Spokespersons for major media outlets did not pledge to proceed with proper care and due diligence on rumors and hearsay.

Reuters is believed to have realized that it hired interns instead of economists to predict market trends, a mistake officials are scrambling to correct. CNN seeks to hire additional actors to become stock market and economic experts for its various entertainment shows. Fox was not sure what to do next, as it had possibly lost 30 percent of its viewership and MSNBC and CNBC never had that many viewers in the first place.

The Los Angeles Times axed publishing its weekly real estate section altogether, as it grasped it was a very bad business practice to hammer the housing market daily on page one and expecting real estate agents to continue to pay more for tiny, little boxes in its weekly showcase magazine. The Palm Beach Post let 300 journalists and staffers go who are now asking themselves frantically ‘where they simply dim-witted to only write negative blurbs in order to claim their 10 seconds of fame and being published'. More print media will follow to close shop, as the industry had failed to exercise proper journalism and investigate and question early on the real bad players responsible for the demise of the economy, as certain financial institutions were outspending the real estate industry 15:1 and it is understandable that you do not bite the hand that feeds you, especially when its investment banking arm issues reports on your own stock-viability.

So long to all those in the mainstream media who enjoyed so obviously to bash the real estate industry. To those remaining journalists and to prove that you are worthy of your profession, get on your heels and sharpen your pencils (old-time lingo for hit the keyboards) and follow painstakingly and inform the public on how this extra $700 billion dollars is being spent. So far the banks are using it to acquire and merge with each other - that was not the deal though! Hello, anybody out there? Time is running out! Joe -the-helpless fighting-off-foreclosure-struggler has not been addressed yet and probably will not, as GM and Ford are already knocking at the door to get $50 billion from that pie to cover up their mismanagement as executives of both companies continued to make and attempted to sell cars to people that in increasing numbers could not afford $500 bucks to fill up every month. Not good news. Sorry Joe.

It seems this $700 billion has already been spent two times over, hasn't it! In the interim: Happy-looking- forward to the next $600 or $1200 economic-stimulus-package; it will pay for one or two months worth of gasoline bills, as prices are on the rise again, due to the ‘three' countries cutting supply and controlling what Americans pay at the pump.

For some, boom time continues. Who are they? Investors (domestic and foreigners) with cash, credit and a vision to buy up houses and condos, some at fire-sale prices, fix them up and fill them with tenants for a handsome future ROI. After all, we are expected to be 400 million Americans in 20 years or so. And without those fine pioneers and visionaries, no journalist would be able to put butter on their bred in the future, as our system of consumption, our society's survival and continuance starts with the housing market: Woman buys home with loan. Man and Woman have coffee in the new home. They have a full refrigerator restocked every week. They are happy and content. Man reads morning paper (hint!), woman reads book. Man drives to work, woman maybe, too. Man and woman pay taxes. Government can invest taxes in infrastructure. Create jobs, attract business. New business pays even more taxes. Man and woman shop together, wine and dine, travel, go to Lowe's or Home Depot to fix and upgrade home, buy new furniture, buy a new eco-car and once-in-a-while go to the movies, so another person, also known as an actor, can buy an even bigger home and man and woman can look up to actor and be motivated to save and invest more in newly attracted business by Government (Hello stock market!) so as to also one day exchange their home for a bigger and better one and have offspring together - many little new future home buyers.

Disclaimer: Facts peppered with Satire

STOP Miami Foreclosures HOTLINE (786) 406-1757

We are Miami's Short Sale Experts

Are you in a foreclosure or pre-foreclosure predicament in Sunny Isles Beach, Aventura, Hallandale Beach, Bal Harbour, Surfside, Miami Beach, Downtown Miami or surroundings? We want you to know that there are options available. We are here to help you, offering real solutions for people in real situations.

If you are in need to arrange for a short sale, our understanding agents will be knowledgeable, professional, helpful and courteous to lead you through the process and negotiate the best possible solution for you.

Give us a call today. The longer you wait the more complex the situation will become! Now is the time to act, call our Miami Hotline at (786) 406-1757.

Brosda & Bentley Realtors^TM

Miami, Florida 33180

(786):406:1757

Helping people get back on track - one family at a time...

Sunny Isles Beach Broker News: www.SunnyIslesBeachBroker.com

For the first time in almost three years, Florida's existing home sales rose in September, noting a 24 percent increase in activity in the year-to-year comparison; last month's sales of existing condos statewide increased 11 percent in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR).

A total of 10,817 existing homes sold statewide last month, up 24 percent over the 8,725 homes sold in September 2007, according to FAR. The last time Florida Realtors reported higher statewide existing single-family home sales was for year-end 2005, FAR records found. In July of this year, six more homes sold statewide than in July 2007, but that increase was statistically insignificant.

Fourteen of Florida's metropolitan statistical areas (MSAs) reported increased sales of existing homes in September; nine MSAs also showed gains in condo sales, marking the third month in a row that a number of markets have noted higher sales activity.

Florida's median sales price for existing homes last month was $175,100; a year ago, it was $224,700 for a 22 percent decrease. But, looking back to September 2003, the statewide median sales price for single-family homes was $158,800 - an increase of 10.3 percent over the five-year-period, according to FAR records. The median is the midpoint; half the homes sold for more, half for less.

In Florida's year-to-year comparison for condos, 2,878 units sold statewide compared to 2,595 sold in September 2007 for an 11 percent increase. The statewide existing condo median sales price last month was $153,800; in September 2007 it was $197,000 for a 22 percent decrease.