Dmitri Olympiev's (olympiev) Blog

A few months ago I got a short sale listing and owner needed to sell it fast. It was a 1/1 55 + condo in Dania, FL. Nothing has sold there in over a year, but similar condos were listed in 140's, so this is where I had to start... Every week I was reducing price little by little because there wer...

Have you ever been to Dania Beach, FL? Come and see why lots of retirees  from northern US and Canada make it a major destination to live or to buy second home and to getaway from a cold winter up north. Located between Fort Lauderdale and Hollywood it was the first city in Broward County, Florid...

A lot of homeowners are dealing with a major mortgage setback this year. Florida and California are leaders in foreclosures so far and it is not over yet. Option ARM loans are primarily to blame. An estimated $1.5 trillion in adjustable-rate mortgages is scheduled for a rate adjustment and as we ...

According to NAR commercial real estate has been at a record high, and capitalization rates have been at historic lows. A record $257 billion was invested in commercial real estate in the first seven months of 2007, up from $146.7 billion in same period in 2006 - that total does not include trans...

It always helps to have a connections in high places and a bit of luck when it comes to luxury real estate especially when you are starting out, but there is also a lot of work involved trying to serve high end customers and to sell luxury homes. When farming in a luxury market make a financial c...