Showing posts with label dean saunders. Show all posts
Showing posts with label dean saunders. Show all posts

Tuesday, April 3, 2012

Dean Saunders is Three-time Winner of Coldwell Banker Commercial’s #1 Global Sales Professional Award for 2011

Dean Saunders earns the CBC #1 Global Sales Professional Award for the third time.
Commenting on his sales success in challenging markets, Saunders says, “As John D. Rockefeller once said, ‘the major fortunes in America have been made in land.’ The variable market challenges will only shift the buyer’s demographics but not the ability to get land sold. Right now, strong commodity pricing is affecting farmland and is where investors are placing their money. A real estate broker needs to know their market as it relates to the repositioning of buyer demographics to be successful in all economic times.”
In 2011, the firm’s year-end totals were $107 MM in land sales, 79 transactions, and 22,771 acres sold. The company’s success rests in the expert knowledge of the 15 broker associates and agent land professionals

Summary - Coldwell Banker Commercial Awards
Dean Saunders, ALC, CCIM has earned the following awards for the sales year 2011 from Coldwell Banker Commercial:
·         #1 Sales Professional Global and North America (3rd Time – 2011, 2010, 2008)
·         #1 Sales Professional in Florida
·         #1 Sales Professional in Land Category
·         #1 Sales Professional in Sales Category
·         Top 2% Sales Professional (2006-2011)
·         Circle of Distinction – Platinum

Coldwell Banker Commercial Saunders Real Estate Office has earned sales awards:
·         The Commercial Elite Office Award (#2 Office in Top 15 Globally) -2011, 2010, 2008, 2007, 2006
·         #1 Office in State of Florida

Wednesday, June 29, 2011

Sold: St. Mary's Riverfront Property, North Florida


Recently sold are 70+/- beautiful and natural north Florida acres with 2,400+/- feet of frontage along the St. Marys River.

There is a 3 bedroom/2 bath 1,576 SF home. The wood frame house, built in 1987, includes a full kitchen with appliances, garden bath with whirlpool tub, pine floors, and double paned windows offering spectacular views. There are also 4 sheds on the property.

Abundant wildlife – including southern bald eagles, swallow tail kites, wading birds, Sherman fox squirrel, Florida black bear, and alligator snapping turtles. 

The property has a conservation easement on it which allows the owner to retain private ownership while permanently conserving the wildlife habitat by limiting otherwise permissible activities.

Located less than 30 miles west of downtown Jacksonville, this secluded site offers many opportunities to enjoy nature while investing in preservation.

For more information, contact:
Dean Saunders, ALC, CCIM, Licensed Real Estate Broker
863-648-1528

Friday, June 17, 2011

Sold: Water Ridge Lot in Central Florida, Lakefront, Lakeview, More Available!

 
Recently sold is one of the Water Ridge development lots with more Lakefront and Lake View Lots available. The development is located Auburndale, FL, Central Florida.

Lot sizes are approximately a quarter of an acre.

The upscale, waterfront development includes a clubhouse with an infinity pool and spa, private boat ramps and docks, walking trails, lakeside community parks, and tennis courts. Enjoy access to three Auburndale lakes for water sports and fishing (Lake Van, Lake Medora, & Lake Alfred).  

Centrally located between Tampa and Orlando, the development is a thirty +/-  minute drive to Disney World, Tampa’s professional sports teams, and two international airports.

View listing details and flyer for the remaining lots at the Water Ridge Development

For more information, contact:
Terry Flynn, Licensed Real Estate Associate
Dean Saunders, ALC, CCIM, Licensed Real Estate Broker
863-648-1528

Saturday, May 21, 2011

Dean Saunders, ALC, CCIM Receives Top Producer Awards from Central Florida Realtor® Associations

It is the award season for real estate professionals all over the country. The year 2010 has finally been tallied and awards extended to top performers for that year.

Congratulations goes to Dean Saunders once again for his recognition from two Central Florida Realtor associations.

Central Florida Commercial Association of Realtors® (CFCAR) has awarded to Saunders the following Hallmark Awards recognition for 2010 Sales performance:
  • #1 Land Producer of the Year
  • #1 Producer in Polk County 
  • #2 Producer Overall

CFCAR services the Central Florida counties of Brevard, Flagler, Lake, Marion, Orange, Osceola, Seminole, Sumter, and Volusia Counties.


The Florida Gulf Coast Association of Realtors® (FGCAR) has awarded to Saunders the following Pinnacle Award recognition for 2010 sales performance:
  • #1 Top Producer Land – National Division
FGCAR services the Central Florida’s Gulf Coast counties of Hillsborough, Pinellas, Polk, Pasco, Manatee, and Sarasota.

Thursday, March 24, 2011

Congratulations Dean Saunders - 3rd Time #1 CBC Global Producer


Dean Saunders, ALC, CCIM, real estate broker and owner of Coldwell Banker Commercial Saunders Real Estate in Lakeland FL, has earned the 2010 Number One Global Producer Award within the Coldwell Banker Commercial® global affiliate network from among the almost 2,300 commercial professionals worldwide. The Coldwell Banker Commercial global network can be found in 41 countries in North America, South America, Europe, Africa, Asia, and Australia.
“Dean’s dedication to the land and commercial real estate industry and most importantly, his clients, is reflected through this prestigious award,” said Fred Schmidt, President and COO of Coldwell Banker Commercial Affiliates Inc. “Dean is the company’s most elite professional.”
Saunders receives this award for the third year since affiliation in 2006 for producing the highest Closed Adjusted Gross Commission Income from franchisable commercial services for 2010.
Saunders also received the CBC Circle of Distinction Platinum Award for the fifth year by meeting criteria of producing a minimum of $750,000 in Closed Adjusted Gross Commission Income from franchisable commercial services for 2010.
Click here to see full press release. For more information, call 863-648-1528.

Friday, December 10, 2010

Dean Saunders, ALC, Earns CCIM Commercial Real Estate Designation - Joins Top 6% of Commercial REALTORS® Nationwide

Dean Saunders, CCIM, ALC, has been awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute. CCIM is a leading worldwide commercial real estate association. The designation was awarded to Saunders during the Institute meetings held in Orlando, FL.

Saunders is a licensed real estate broker, Accredited Land Consultant (ALC), REALTOR®, and owner of Coldwell Banker Commercial Saunders Real Estate (CBCSRE). CBCSRE is a land real estate brokerage firm headquartered in Lakeland, FL. Saunders is also a partner-in-ownership of Coldwell Banker Commercial Saunders Ralston Realty (CBCSRR), a commercial real estate brokerage firm that is also located in Lakeland, FL.

The CCIM curriculum is recognized for its preeminence within the industry. It consists of four course tracts that are required for Commercial Investment Real Estate: Financial Analysis, Market Analysis, User Decision Analysis, and Investment Analysis.

The designation distinguishes Saunders as an expert in the disciplines of commercial and investment real estate. He joins other CCIM designees in the top 6% of all commercial REALTORS® nationwide.

Coldwell Banker Commercial Saunders Real Estate covers the State of Florida in its entirety, and beyond. Known for their land deals, CBC Saunders Real Estate Sales Associates are experts in land, conservation, commercial, and industrial properties, as well as land and resource management. For more information, please visit the web site at www.saundersrealestate.com.

Tuesday, March 23, 2010

One Week on Market: Sale of 113 Lots in Marion County Near Ocala

After one week on the real estate market, this 113-lot development came to a transaction close in early February 2010. Sold by Fifth Third Bank to The Deltona Corporation, the property is part of the Heath Brook PUD/DRI and is one of the phases of the project with finished lots.

Located near SR 200, this is a beautiful growing area of Ocala with new residential developments and beautiful horse farms.

Both the buyer and the seller were represented by sales associates of Coldwell Banker Commercial Saunders Real Estate. The buyer was represented by Clay Taylor and David Hitchcock. The seller was represented by Clay Taylor, David Hitchcock, and Dean Saunders. The property sold for $904,000.

Clay Taylor, sales associate states, “It is a sign of the economy that we are handling many bank-owned properties right now but it is good to get these properties back into the hands of individuals who will create viable development and use of the land for the community.”


Tuesday, November 3, 2009

Land Market Trending for Next Year

~Excerpt from the Coldwell Banker Commercial interview with Dean Saunders, ALC for the Inside Blueprint profile feature:

Q. How would you categorize the market for land sales, currently and over the next year?

A. As has been widely reported, everything is in either recession or the very early stages of recovery.

Traditionally the markets that were most heated are usually the ones that correct the most and are the best places to buy. Land is unfortunately not in that category and trails behind most of the other commercial markets.

Disposable money is not being used for land deals. It’s often said, “Land is the first out and the last in.” However when the recovery is final, there will be a window of opportunity to capitalize on land deals.

~~~
Dean Saunders earned the distinct title of 2008 Coldwell Banker Commercial Global Sales Professional of the Year and we’re profiling him as this issue’s feature story for Inside Blueprint.

Dean is currently the president of Coldwell Banker Commercial Saunders Real Estate in Lakeland, Florida. Dean comes from a family with long history in Florida agriculture and his career has taken an interesting path, as he was a former Florida legislator prior to becoming the owner of a Coldwell Banker Commercial affiliate.

Wednesday, April 8, 2009

Dean Saunders Receives Global and Regional Real Estate Industry Sales Awards

Dean Saunders has recently received recognition for sales performance in 2008, taking home multiple awards from regional industry organizations, as well as Coldwell Banker Commercial Affiliates.

Dean was recently awarded the Number One Global Sales Professional in the entire CBC affiliate network, worldwide.

He continues to lead Coldwell Banker Commercial Saunders Real Estate to the Commercial Elite top 15 companies in the CBC global network each year.

Coldwell Banker Commercial Awards:
• #1 Sales Professional Global
• #1 Sales Professional Domestic (USA)
• #1 Sales Professional in the State of Florida
• #1 Sales Professional by Specialty - Land
• #1 Sales Professional in Company Overall - Dean Saunders
• Circle of Distinction Award – Platinum
• Commercial Elite Office (Top 15 CBC offices worldwide)

CFCAR Awards (Central Florida Commercial Association of Realtors)
• Hallmark Award - #7 Top 10 Overall Producers
• Hallmark Award - #2 Top 10 Land Producer
• Hallmark Award – Top Producer – Polk County

FGCAR Awards (Florida Gulf Coast Commercial Association of Realtors)
• Pinnacle Award - #1 Top Producer, National / LAND

Friday, November 14, 2008

5 Benefits to the Recipients of Florida Conservation Easements

A conservation easement is a voluntary legal agreement between a landowner and a government agency or qualified conservation organization that restricts specific uses or development on the land. This is a landowner’s way to protect his land for now and in the future. One of the significant benefits of a conservation easement is the protection of wildlife habitats, natural lands, and resources for generations to come.

The seller of a conservation easement is a landowner who desired to restrict development or land use through this option, but still holds on to ownership of the land.

The buyer or recipient of a conservation easement is typically a government conservation program or a private conservation organization. While the landowner seller has specific benefits that make a conservation easement desirable, the buyer or recipient too reaps benefits from this type of transaction.

  • Five Benefits to Buyers or Recipients of Conservation Easements

  • The buyer or recipient can protect more land resources with fewer dollars by buying rights to the land and not the land itself.

  • The buyer or recipient obtains land by way of the conservation easement that might otherwise be unavailable (for example, the landowner isn’t selling the land outright, but is interested in a conservation easement).

  • The land continues to provide economic activity.

  • The land stays on the tax roll.

Conservation easements benefit all involved. The landowner controls the land, the conservation buyer or recipient is assured that the land will not be developed, and often, the public is the greatest benefactor through preserved recreation areas and enjoyment of natural lands.

For more information on conservation easements, land, commercial, industrial properties, and land and resource management, please visit http://www.saundersrealestate.com/ or call Dean Saunders at 1-877-518-LAND.

~Dean Saunders, ALC (Accredited Land Consultant), is considered in the industry as an expert on process of conservation easements, understanding the needs and processes of the government agencies involved. The company, Coldwell Banker Commercial Saunders Real Estate, is located in Lakeland, FL and offers real estate services for land, commercial, industrial and conservation properties, as well as land and resource management.

Wednesday, October 22, 2008

Tax Advantages for Landowners Who Sell a Florida Conservation Easement

This article may also be found in its entirety here:
CBCMarketConnect.com
LandThink.com
The pathway to conservation easements
is not always a straight linebut,
more often than not,
is worth the trip.
[Dean Saunders, ALC]

Most landowners are interested in tax advantages when considering a conservation easement. Landowners may receive income tax advantages that include gifting, tax deferred exchanges, and gains used against the basis value. Tax advantages can also assist in the transfer of property from generation to generation and can lower estate taxes for heirs by maintaining the agricultural classification of the land.

A Generational Transfer may benefit a landowner by lowering the value of the property for estate tax purposes. This happens because after the rights to develop it are sold, the highest and best use of the land is usually agricultural.

Gifting is a using the conservation easement as a donation to the government or to a qualified conservation organization. Gifting is treated as a charitable contribution and results in lower Federal income tax.

A Tax-deferred Exchange is an option allowed by the IRS for landowners who owe capital gains taxes because of the sale of property. This defers paying the tax by purchasing another piece of property instead of paying the tax. Known by several terms, a tax-deferred exchange is often referred to as a Like-kind Exchange or a 1031 Exchange.

The IRS allows a tax exchange for owners who have a capital gain because of the sale of a conservation easement. In my award-winning booklet, “We Create Solutions for Landowners: A Primer on Conservation Easements,” see case study #1 for an example of how this might work for you.

Gains Used Against Basis includes basis as the amount you paid for the property, plus the value of any capital improvements, less any depreciation claimed. If you sell a conservation easement, the IRS will allow you to reduce your basis by the amount of the conservation easement, which may result in you not paying any capital gains taxes. In my award-winning booklet, “We Create Solutions for Landowners: A Primer on Conservation Easements,” see case study #2 that uses this tax advantage.

To take advantage of a Federal income tax deduction, a conservation easement must be perpetual and given to a specific division of the government or a qualified conservation organization. Annually, the division or organization monitors the property to assure that the easement is not being violated.

For more information on conservation easements, land, commercial, and industrial properties; and land and resource management, please visit
www.saundersrealestate.com or call Dean Saunders at 1-877-518-LAND.

~Dean Saunders, ALC (Accredited Land Consultant), is considered in the industry as an expert on process of conservation easements and understands the needs and processes of the government agencies involved. The company, Coldwell Banker Commercial Saunders Real Estate, is located in Lakeland, FL and offers real estate services for land, commercial, industrial and conservation properties, as well as land and resource management.

8 Benefits for Landowners Who Sell a Florida Conservation Easement


This article may also be found in its entirety here:

The pathway to conservation easements
is not always a straight line but,
more often than not, is worth the trip.

A conservation easement is a viable solution for landowners who want to protect their land from development. Simply put, a conservation easement is a restriction on the use of property owned by an individual, similar to a deed restriction. It is recorded in public records and generally is in perpetuity. Landowners who sell conservation easements can control the ownership of the property, while receiving money for the easement. The government receives assurance that valuable land will be protected from future development.

What are the specific benefits to the landowner? Below is a list of eight of the general benefits for considering a conservation easement:

  • The landowner maintains control and ownership of the property.
  • Each conservation easement is individually structured to meet the needs of the landowner, along with the conservation criteria and can be structured broadly or specifically.
  • The landowner keeps the land and receives payment for the appreciated value caused by development pressure.
  • The landowner assures the property is protected for future generations.

  • The landowner continues to receive income from his land.

  • The property may be sold and the restriction travels with the property.

  • Future generations are assisted in the transfer of the land by favorable estate tax treatment.

  • Landowners may gain income tax advantages. Tax advantages can assist in the transfer of property from generation to generation and can lower estate taxes for heirs by maintaining the agricultural classification of the land.

For more information on conservation easements, land, commercial, industrial properties, and land and resource management, please visit http://www.saundersrealestate.com/ or call Dean Saunders at 1-877-518-LAND.

~Dean Saunders, ALC (Accredited Land Consultant), is considered in the industry as an expert on process of conservation easements, understanding the needs and processes of the government agencies involved. The company, Coldwell Banker Commercial Saunders Real Estate, is located in Lakeland, FL and offers real estate services for land, commercial, industrial and conservation properties, as well as land and resource management.

Tuesday, August 19, 2008

$22 MIL Real Estate Deal Good for Polk County, Florida Economy

View Complimentary Articles:
Florida Real Estate Journal

Richard Dempsey, Realtor® and Sales Associate with Coldwell Banker Commercial Saunders Real Estate (CBCSRE), recently closed a transaction involving 1,042 acres of citrus grove land in Polk County for over $22.3 MIL. Sold by Highland Cassidy to an LLC registered in Delaware, the land consists of 30 tracts of working groves that are scattered logistically between Davenport and Lake Wales in eastern Polk County, FL.

“This is great news for the Polk County economy. We are seeing increased activity in land interest,” states Dempsey. “Serious buyers and investors are starting to be enthusiastic in this buyer’s market.”

In addition to Dempsey’s view on the Polk County real estate market, he offers that the land market is unquestionably active but that the buyers’ objectives have changed. Two years ago we found that short-term speculators were among the most active buyers. Today, buyers are more carefully taking the long-term view, recognizing that growth pressure from Tampa and Orlando will continue to deplete the inventory of land available for development. Investors that are working their plan for the long-term are the ones that can benefit from what is happening right now. Coldwell Banker Commercial Saunders Real Estate (CBCSRE) agents are seeing increasing activity in large land tracts. For 2008 in August, closings amount to just over $61 MIL.

Since joining Saunders Real Estate in January 2000, Dempsey has sold over $120 million in properties, specializing in large acreage tracts, citrus groves, and development properties. Dempsey currently serves as a board member, Treasurer, and CID (Commercial Industrial Division) committee member for the Lakeland Association of Realtors®.

Florida Conservation Easements: the Essence of Landowner’s Property Rights

This article may also be found here:
CBCMarketConnect.com
The pathway to conservation easements
is not always a straight line
but, more often than not,
is worth the trip.
[Dean Saunders, ALC
]

Conservation easements are powerful, effective tools available to landowners for the permanent conservation of private lands in the United States. The use of conservation easement options has successfully protected millions of acres of wildlife habitat and open space, keeping land in private hands and generating significant public benefits.

The primary purpose of a conservation easement is to give a landowner the right to protect his land from certain types of development or land use.

This opportunity appeals to property owners who hold undeveloped land that is agricultural and/or has timberland, wildlife habitats, natural open space, and those with natural resources. Simply, a conservation easement is a restriction on the use of property similar to a deed restriction. It is recorded in public records and generally is in perpetuity. The government receives assurance that this valuable land will be protected from future development.

When you purchase land, you also purchase a bundle of rights. These rights include, among others, the right to develop, and the right to minerals and water. Collectively this bundle of rights is called “fee title.”

As a landowner, you also have the ability to sell some of these rights while maintaining ownership to the land. This is generally known as selling a “less-than-fee” interest. A conservation easement is a form of “less-than fee” interest and is a voluntary agreement that allows a landowner to limit the type or amount of development on their property while retaining private ownership of the land.

When you choose to give up some of these rights, by either donation or sale, you are compensated. The more rights you relinquish to the recipient, the more compensation you’ll receive, by either tax benefits or direct dollars, or both.

As a Florida native, born and raised in Central Florida, I have a strong heritage that appreciates the “old Florida” lands with their natural beauty and habitats. With progress and development of the past years comes the destruction of these lands in favor of buildings, roads, homes, and communities. Progress is needed to support our communities; however, today we find too few acres of “old Florida” and too few habitats for Florida’s unique wildlife.

My life’s work, first in the Florida legislature and now in real estate, has been closely tied to conserving Florida’s landscape through work in the legislative process and guidance to landowners for conserving their land. One opportunity we consider is a conservation easement. A conservation easement is recommended to my real estate clients when the property is right, meets qualifications, and the landowner desires a way to keep the property from major development.

As a member of the Florida Legislature from 1992 to 1996, I led the establishment of the Green Swamp Land Authority that resulted in the first Florida state agency ever created to purchase development rights from landowners. This work was instrumental in the passing of the law requiring Florida state agencies to purchase a specific number of conservation easements each year. Today, not only is the number of conservation easements being bought by the federal, state, and local governments growing, but also we see a demand from private conservation organizations.

Florida tourism and population boom have made land more valuable than ever. Some landowners would like to profit from the increased value, as well as preserve the beauty and function of their land. Others want their land to stay in the family, but worry that estate taxes will force their heirs to sell.

While many conservation easements are donated, others are also sold. If your land qualifies as a conservation easement, it is worth your time to research how this can benefit you and your family for generations to come.

For more information on conservation easements; land, commercial, and industrial properties; and land and resource management, please visit http://www.saundersrealestate.com/ or call Dean Saunders at 1-877-518-LAND.

~Dean Saunders, ALC (Accredited Land Consultant), is a leader in conservation who understands the needs and processes of government agencies and private conservation organizations. The company, Coldwell Banker Commercial Saunders Real Estate, is located in Lakeland, FL and offers real estate services for land, commercial, industrial and conservation properties, as well as land and resource management.

Tuesday, August 5, 2008

All You Need to Know About Florida Conservation Easements

And Then Some.............

Welcome the second publishing of the award-winning booklet, We Create Solutions for Landowners: A Primer on Conservation Easements!

The update and additional information on conservation easements is now available to you to guide you when considering the selling of your land. It is a “must read” for anyone who would consider a conservation easement as an option.

Originally published in 2002, the booklet offers a wealth of information and advice on one of real estate’s most specialty options – the conservation easement. It was created to provide insight and answers to questions about conservation easements, property rights, and landowner rights - simply stated and easy to understand.

As a former Florida legislator who assisted in creating and passing important conservation legislation, I worked to further property rights of landowners, and served with Florida US Senator, then Florida Governor, Lawton Chiles. You may download your complementary copy of this booklet here.

~Dean

Central Florida Economy Growing

The 4th Annual Florida Real Estate Land Conference
Economists Agree:
Cautions Short-term Outlook; Positive Long-term Outlook


The convening of the 4th Annual Florida Real Estate Land Conference hosted exclusively by Dean Saunders, Coldwell Banker Commercial Saunders Real Estate (CBCSRE) in Lakeland, FL, was an exercise in poking through and around the perceived woes and economics of real estate, both in the nation and in Florida today.

This year’s presentation proved to be a judicious and hopeful glimpse into the economy that fuels real estate decisions for Florida and for Polk County.

Economic forecasts were presented by influential economists and a legislative lobbyist. This year’s conference included respected authorities Dr. Sam Chandan, Chief Economist and Senior Vice President, REIS, New York, NY; Dr. Sean Snaith, Director of the Institute for Economic Competitiveness/University of Central Florida, Orlando, FL; and Wade Hopping, Former Florida Justice Supreme Court, Attorney, Land Use and Environmental Law, Hopping Green & Sams, Tallahassee, FL.

Priming the audience for the well-anticipated economic news was Dean Saunders, ALC, owner of Coldwell Banker Commercial Saunders Real Estate, and host/sponsor of the annual event.

Opening remarks by Saunders observes, “We see less real estate activity due to the lack of consumer confidence but it is different from other recessions. There is money to be invested, however, buyers are not sure where the bottom is and are cautious. We’ve also lost the activity of two major markets: large tract development and the investor/speculator, which brings to us a soft market.”

Wade Hopping, former Justice Florida Supreme Court, is a legislative attorney working in the Tallahassee legislative process since 1958 and who focuses on land use and environmental law. Hopping’s overview of the legislative year included the sub-prime debacle, “irrational exuberance” in the real estate markets, insurance availability and rate problems run up in Ad Valorem taxes, foreclosures by the hundreds, gasoline price increases, and national economic woes all conspired to reduce Florida’s 2008-2009 budget by $6 billion compared to the state’s $72 billion budget two years ago. The state budget reductions have impacted all state activities including schools, State employees, healthcare recipients, everglades restoration, university funding, and community college funding.
Hopping’s advice for property owners: “With the housing and real property markets suffering economic woe, it is important that those who own property become active in Florida's legislative process. Bad market conditions are good times for local government officials, legislators, and regulators to examine the project review process and eliminate unnecessary bureaucracy."

Dr. Sean Snaith, Director of the Institute for Economic Competitiveness at the University of Central Florida states that, “The short term malaise in real estate and the credit industry is a bump on road compared to the longer trends for demographics and economics that shine a favorable light on Central Florida. Lakeland is in a good position, given the central metro area and the rise in prices in coastal areas that align Polk County for growth.”

Snaith suggests strong trends showing demographic migration from the once popular coastal regions to the interior of the state. Due to the rising costs of real estate, property insurance, and basic cost of living on Florida’s coasts, the fastest growth will be in the interior of the state.

Dr. Sam Chandan, Chief Economist of REIS, concluded the event with an historical and a current view of the nation’s economy as a whole. “July 2007 saw US equities markets at their peak; an all-time high following the years of the housing and consumption boom. Now in 2008, corporate profits are down, equities markets have fallen from their peaks, and we find more houses than households and slower consumer spending growth. We will need to bear with a further tightening of credit markets and a protracted period of slower consumer spending growth.” The next couple of years will be challenging; however, Chandan encourages confidence in the long-term resilience and flexibility of the US economy."

Closing comments by Saunders summarizes, “There is a slowing of activity and softening of pricing, but ultimately, pricing will come to reflect economic-based expectations. Even in this market, we fully expect to have more closings this year than last year.”

Dean Saunders, ALC, is a Licensed Real Estate Broker and owner of Coldwell Banker Commercial Saunders Real Estate. Since 1996, Saunders has provided professional land and commercial real estate services. Winning many national and regional awards, the former Florida legislator is considered an expert on land and conservation and is quoted in many real estate and business publications. For more information on the company and on Dean Saunders, please visit http://www.saundersrealestate.com/.