Joe's Real Estate 1200 Main Street Mayberry, NC 27030 Telephone (336) 201-1234 Residential - Commercial

57% of all tax revenues raised by local governments in the U.S. derive from commercial troperty taxes. source Nat'l. Assn of Realtors  Investment in commercial real estate during the first four months of 2008 was $48.2 billion, down 69.5 percent from $157.8 billion during the same period in 2007 when the credit markets were functioning normally; those totals do not include transactions valued at less than $5 million or investments in the hospitality sector.  The largest percentage of international

buyers in the state (Florida) in 2005 came from the United Kingdom, according to the 2005 NAR Profile of International Home Buyers in Florida. British real estate buyers made up 33.3 percent of all international property transactions in the state, Western European countries made up 21.2 percent and Eastern European countries made up 3 percent.  A 2007 survey by the National Association of Realtors found that foreign buyers in the Sunshine State finance their homes through mortgages about 60 percent of the time, while the average Floridian takes out a loan in 85 percent

of cases. Foreign purchasers also generally buy more expensive properties, paying a median of $352,400 compared with $214,000 for buyers in general, the survey found.