BOOMING STOCKS UPBEAT HOUSING MARKET 2014 --- Paul G Sames prediction -( have to check back next year ;)

Paul G. Sames, Musician, Artist, Inspirational speaker basically he is an Iconoclast and my 'Fair Dinkum' Australian husband of of 36yrs, whose prophetic instincts i have found extremely reliable, semi reluctently put pen to paper for me yesterday. I listen to him over breakfast every morning in Pass-A-Grille and hope teh reader will enjoy like me his thoughts/ his Article as we wrap up 2013. For us Realtors the Market is at this time our usual "Still before the storm" as   Northerner's head for our Sunshine state and our beaches  See local StPete Beach Treasure Island homes for sale with an easy click

Kennedy Clinton Bussey or Sames?

Paul Sames  wrote “In the last week I have read interesting articles in the Wall Street Journal regarding some cause for optimism in the economy. One article this week was full of glowing enthusiasm regarding the strong stock market performance this year. The S&P 500 has delivered an amazing approx 24% percent return this year; the same is true of many broad spectrum stock heavy mutual funds and ETFs.

                “One commentator heard on NPR was saying if one had the savvy to invest in top performing individual stocks it would have been a windfall year. Even Donald Trump was heard to say on CNN that he has historically stayed clear of stocks but this year he has invested heavily and was rejoicing in the “Free Money” to be harvested. “

“Also the WSJ reported in the same edition that housing was recovering nicely and nationwide the broad spectrum home sales price had risen about 10.7% during 2013. It said many individual cities had boomed far more but there were still about 18 cities lagging behind the national average. The good news was (according to article) that  even the lagging cities have much to look forward to, as the foreclosure crisis is coming out of the woods and even the worst hit markets should be back to normal by mid 2015.”

Paul said “All this bodes well for the real estate market going forward. Even though there was caution not to expect a mega boom in 2014, it will continue to make gains.”

 

Deb Stein, a Customer, just sent this photos below to Renee and I this week picture. She said "this is how MOTIVATED I am" and why you have to find me a little condo that takes 2 small dogs QUICK!!  PICTUREs like this ALWAYS PUTS GREAT VALUE on WHAT FLORIDA REALESTATE HAS TO OFFER as The new year 2014 season nears.    I would love some feed back on the lates new website.

Note I have added (not totally tweeked ) www.stpetebeachhomes.info to my websites that services the consumer, looking for homes for sale on St Pete Beach http://www.stpetebeachhomes.info/St_Pete_Beach_FL 

Treasure Island houses for sale Madierra Beach houses for sale, Houses for sale in Redington beach,  Gulfport houses for sale  Tierra Verde FL Houses for Sale, Indian Rocks Beach FL Houses for Sale,

My beloved husband Paul Sames also reminded me as he wrote “I remember back in 2010 that I had the strong impression that President Obama’s presidency would resemble Bill Clintons. Both presidents had a difficult time getting things done in their first term. Both have suffered Government shutdowns and controversies. Bill Clintons second term (particularly the last 2 years) was an historic time of presiding over a time of prospering markets, particularly the dotcom boom etc. By the time he left office his was an amazing story of job growth, personal prospering of the people and housing upswing. Of course some say he was just lucky to be there at that time and it happened in spite of him, but he did leave the economy upbeat and the national books were in the black when he left office.”

“Even though there has been much doomsaying and gloom about Obamacare and socialist policies that will destroy America, there is much to be optimistic about, at least for the next few years. The current President and administration is about to ride a stock, housing, job market improvement wave and in some cases a true boom. I believe it will be an all round economic breakthrough that is against all odds that will stun the naysayers and depression marketeers. Of course booms and busts can occur under either a Republican or Democratic administration”Paul  Sames summed it up “Yes, there are always risks, like a mega disaster of some kind that could disrupt this bountiful projection, but life is full of life threatening risks and it’s only those who go boldly forward, in spite of the risks who prosper.

It is a great time to get into stocks and housing investments and ride the train to the breakthrough station. After all someone’s has to be blessed and it may as well be you.”

       Read More..... about the making of the man.... 

Paul G Sames on in his New book click on  Amazon now 

                                                                                                             "from the Void to the Throne" 

Dec 19th: Flood insurance reform URGENT for struggling Floridians - Other Views - MiamiHerald.com

It is important that all Floridians keep talking to their congressman  regarding Flood Reform moving into the new year. find your representative

Flood insurance reform urgent for struggling Floridians - Other Views - MiamiHerald.com

Gulfport Florida GOOD NEWS helps stabilize the housing market

Gulfport Florida November Update Brings some GOOD NEWS to he[p stabilize housing market in the face of Oct 1st Biggert Waters Flood Insurance Reform Act.

About 3 weeks ago I attended this Public Forum put on by the city of City of Gulfport click for  Website :  Video below.  

Moving now into December we have the Government back to normal  and some consumer confidence with in news of a moratorium for Biggerts-Waters and the Good news of firstly Lloyd's Of London an A Plus Insurance Company offering a predictable alternative to Citizens subsidized FLood insurance for anyone in an Fema A Zone.



THIS IS GOOD NEWS for the Real Estate Community.  I saw my friend and fellow Realtor Rick Perry and we reflected briefly the same sense of numbness and shock impacting our individual business'  since  news of October 1 reform act.

 

 

 

Click the Title link below for the Tampa Bay times story about flood insurance claims in the St. Petersburg area. As you can see from the map, there have not been many flood claims on the gulf side beach areas.


"Even with Shore Acres, St. Petersburg paid 8 times more into flood insurance than claimed "

Multiple flood claims

The map shows every location in St. Petersburg where a single family home had two or more flood claims between 1978 and June 2013. The vast majority of houses have not had a claim since 2004's Hurricane Frances. Click on a location for details. Where noted, the house with claims has been replaced by a newer one.


Source: City of St. Petersburg, Federal Emergency Management Agency

Takes a while to get thru Senate and then President will sign ....

https://agents.floodsmart.gov/AgentsLatest FEMA flood insurance info

FLood Insurance,Government agency Mismanaged and FLA BEACH LIVING

G'day friends of Florida beach living www.flabeachliving.com!
I enjoyed reading Billy, a local friend's, letter regarding Goverment and the Buisness of insurance, Read below my picture and some of my property Listed for sale.

Diana Sames MLS Listing & Stick Referral Web SIte
Mirabella Ct Waterfront deal- Singel Family living with non of the Worries

  Elegant St Pete Beach home for sale
www.passagrillehomes.com Updated Watefront Sunset Beach condo with boat lift and LOW fees.
 adorable Madeira Beach bungalow with Large pool for sale  wwwmybeachlandingplace.info
www.tierraverderealestate.info Three Palms Point waterfront Pool home for sale
                         2 Adorable Gulfport homes FOR SALE on ONE deep lot with a Pool  
                                           Quiet Serene Old Florida Gulfport condo for sale                                     
   St Pete Beach Wide Open Waterfront Updated Home for sale

          "Thank you for all the hundreds of letters and messages you moved to Washington.  Looks like a bit of slack on the flood insurance premiums. However it's now time to let FEMA  be a regulatory  body and tell us how high to build but get out of the business of selling insurance. For example, if you buy $200,000 Fire insurance from State Farm and the house burns they give you $200,000. If the house costs $300,000 to build back they don't give you a extra $100,000.  When you buy your flood insurance from FEMA they say how much do you want and charge you a premium accordingly. Fine, but when the flood hits the President waves his hand, declares a national  disaster, and gives you from FEMA twice what you purchased and all your neighbors the same even though they did not have flood insurance. Next day the FEMA agency has spent way more than they took in. Any private insurance company would be bankrupt but more than likely not as they would not be giving benefits to those who did not purchase them in the pool. So now what does FEMA want to do? They want to raise the premiums on all the good people that responsibly bought flood insurance to pay for all those who did not. I say let private enterprise run the insurance companies and get government out of our business.  In closing, the government will kick this premium thing down the road, make no decision and devastate our real estate resale market due to the great unknown. Push now for alternative private flood insurance product acceptable to mortgage lenders so we may ignore these mismanaged government insurance programs.  Sincerely, Billy Moore"        

Florida a great place to live. Diana Sames Listing Website & REVIEW website

Delaying............ Flood insurance hikes ------------with a Bipartisan Deal Reached?

Gday Friends, Fall is in the air...also some good news for some is in th air:

http://www.insurancejournal.com/news/national/2013/10/28/309383.htm#.Um5hgg4XSHc.email

Todays New THe Insurance Journal link above gave some news this morning. The “Bipartisan Deal” referenced in the Insurance Journal this morning is in the works, but still must pass and then be signed by the President.   

This afternoon the Pinellas Realtor Association  published the notice below to clarify the current status of this legislation. NOTE the letter clariying below.

  

Title: Important Flood Insurance Update

Good afternoon,

There has been a great deal of movement in Congress.  Working with Karl Eckhart at NAR and John Sebree at Florida Realtors®, here is what we know.

Legislation in Congress is finally close to introduction.  We expect a bipartisan bill to be introduced in the US Senate tomorrow.  Among other important provisions, this bill would delay the implementation of rate increases for the following properties until 2 years after FEMA completes the affordability study mandated in Biggert-Waters and the Administrator of FEMA certifies that the agency has adopted sound engineering practices to accurately determine flood risk:

1.    1.All grandfathered homes and businesses that were built to code and later remapped into a higher risk area;

2.    2.All properties sold after July 6, 2012; and

3.    3.All properties that purchased a new policy after July 6, 2012. 

The legislation also requires FEMA to propose regulations that address the identified affordability issues within 18 months after the completion of the study and establishes a 6-month moratorium thereafter to provide for Congressional review.  Affordability measures addressed under this section may include targeted assistance to individual policyholders and factor in the impacts of rate increases on overall program participation.  FEMA has estimated it will take an additional 2 years to complete the affordability study before regulations can be issued and reviewed by Congress meaning rate increases would be delayed for approximately 4 years.  

Also, Representative Maxine Waters has announced that the U.S. House will introduce a similar bi-partisan bill this week.  You can read more about Representative Waters intentions here.

As indicated last week, we have sent a new round of letters to every member of the Congressional delegation urging their action.  Just today we have followed-up with Senators Nelson and Rubio specifically urging them to sign on to this new bill.  Obviously, this legislation still has a long road ahead but it is progress. 

There has been an article from an insurance journal circulating this morning that states a “Bipartisan Deal has been Reached to Delay Flood Insurance Premium Hikes.”  While there has been significant progress, as indicated above, the legislation has not yet been introduced.  It could be a month or more before Congress takes final action on this legislation.  Again, this is positive movement but please know this legislation just has a long way to go before it reaches the president for his signature.

David B. Bennett, CAE

President & Chief Executive Officer

Pinellas REALTOR® Organization
4590 Ulmerton Road | Clearwater, FL 33762