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Real Estate

Foreign Invasion Or Foreign Evasion?

Darcie Duncan at Duncan Real Estate Inc. discusses international property buyers.

The National Association of Realtors has just released its Profile of International Home Buying Activity, relaying information about foreign national buying practices in the 12-month period between May 2007 and May 2008. Although the survey of 4,000 realtors across the nation indicates that buying was widespread and spanned almost every state (the most popular states being Florida, California, Texas, Arizona, New York, Washington and Nevada), the report also shows that foreign buyers purchased less property during the period than they did a year earlier. The decline in reported transactions can be attributed to the general downturn in the U.S. housing market. In fact, it appears, according to the report, that foreign buyers, like U.S. buyers, may be reticent to invest in U.S. property until they are assured that the investment will “pay off.”

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Categories
Environment News

Tropical Storm Fay Detours Around Anna Maria Island

All eyes were on the tropics this week as a tropical depression in the Atlantic became a storm named Fay, when wind speeds hit 39 mph.

TS Fay path

As Fay crossed the Dominican Republic and Haiti, forecasters correctly predicted a turn to the NW and over Cuba. With no sign of weakening over land, Fay headed toward Florida’s SW coastline, maintaining 60mph winds, and leaving a wake of flooding rains as it made its first US landfall over Key West.

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Categories
Community Environment Sports

Mullet Invitational Fishing Contest

The Florida Institute for Saltwater Heritage, F.I.S.H., will hold the first ever “Mullet Invitational Fishing Contest” in Cortez, Florida.

The event will be held Friday and Saturday September 5-6, 2008. The contest will be a tribute to Ben Gullett of “Gullett’s Smoked Mullet” fame and proceeds will be to the benefit of F.I.S.H.

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Categories
Community Environment

Low Speed Vehicles and Golf Carts On Streets

Low speed vehicles, golf carts or golf cars, are becoming more appealing these days for the short errands and neighborhood trips we often do, going to the beach, the golf course, the school bus stop, and the local stores.

Holmes Beach has allowed limited on road use of LSV and golf carts for the last year over city streets. The limitation is at the intersection of State-controlled Manatee Ave SH64, and Gulf Drive where Department of Highways prohibits their use. Officials are in the process of finding ways to allow passage to the Publix supermarket on East Bay Drive.

Bradenton Beach will discuss the use of LSV in its meeting Thursday, July 17, 2008, for transporting people from Coquina Beach to the Bridge Street historic commercial district. Previously the city rejected extending the trolley bus service to include Bridge Street.

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Categories
Environment Politics

Are Fireworks Essential To Independence Day?

Holmes Beach tried to enforce the ban on fireworks for this holiday weekend. Well not all, just illegal fireworks. So what is the difference?

Florida State law allows only hand-held and ground-based sparkler fireworks. It is illegal to set off fireworks that explode or are propelled into the air.

Many fireworks are brought in illicitly from neighboring states. The result is that a lot of illegal fireworks are lit, especially for July 4th weekend.

Enforcement of the law has been lax and many people flaunt it.

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