FOR IMMEDIATE RELEASE

Today's Date -- January 24, 2007

EXPANSION OF MARKETING PROGRAM

Announced today by Don Lowenstine, President of Lowenstine Enterprises, Inc. An expansion of his marketing program to expose to his clients and investors, the best values in Lee and Collier Counties on homes, townhouses, villas, condos and properties.

He has hand picked the major real estate producers in the industry to accomplish his goal. This will be promoted under the heading, "Don Says"  " IF IT'S RESULTS YOU WANT - RESULTS YOU WILL GET".

This will give anyone in the country insight to make a good sound profitable business decision.

FOR IMMEDIATE RELEASE

Today's Date-- November 2,2006

Lowenstine Enterprises Making Adjustments to

Real Estate Market Changes in SW Florida

Fort Myers, Florida, November 21, 2006…..Don M. Lowenstine, President of Lowenstine Enterprises, Inc. announced today at a real estate conference that the basic concept of building homes for investors at a discount  so they can maximize their investment has not changed.

However, the market in Lee and Collier Counties has changed. At this time, there is an over abundance of condo and single family homes on the market. Unfortunately some investors purchased at the high point of the real estate boom in 2005.

The moment of truth has arrived. That being the situation, I believe that not only will Lowenstine Enterprises continue to build, but we will take advantage pricing opportunities in the market place, such as:

·         Buy existing home, thus saving 6-9 months to build

·         We will strive to rent these properties to break even or have a positive cash flow

·         Hold the properties for a maximum of three years

·         At the end of this time period we will capture the appreciation giving our investors a very strong return on their investment

Lowenstine Enterprises was formed out of the need for single family homes in the $250,000-$350,000 price range. Lehigh Acres, North, and East Ft. Myers are the areas where new homes and land are still available within this price range.

For more information, please contact Don Lowenstine at 230.768.2564 or via e-mail: donlow@comcast.net

Buying & Selling News

NAR: Pending Homes Sales Index rises

WASHINGTON -- Aug. 2, 2006 -- Pending home sales, a leading indicator for the housing sector, have risen for the last two months, according to the National Association of Realtors (NAR). 

The Pending Home Sales Index, based on contracts signed in June, increased 0.4 percent to a reading of 113.9 from an upwardly revised level of 113.5 in May, but is 9.6 percent below June 2005. 

The index is based on pending sales of existing homes. A sale is listed as pending when the contract has been signed and the transaction has not closed, but the sale usually is finalized within one or two months of signing. 

An index of 100 is equal to the average level of contract activity during 2001, the first year to be examined, and was the first of five consecutive record years for existing-home sales. 

David Lereah, NAR’s chief economist, says the small rise in the index is good news, indicating that the trend is stabilizing. “Once again, we have various housing indicators moving in different directions, which itself is an indicator of a market in transition,” he says. “The housing market is striving for balance -- a process that will take several months. A quieting in the movement of indicators should restore confidence to home buyers who’ve been on the sidelines, waiting for the right time to get into the market, and now is the best time we’ve seen since the 1990s in terms of housing choices and flexible terms.” 

Regionally, the PHSI in the South rose 2.5 percent in June to 130.7 but was 4.8 percent below June 2005. The index in the Midwest increased 1.9 percent to 103.3 in June but was 11.9 percent below a year ago. The index in the West was unchanged, holding at 110.1 in June, and was 14.2 percent lower than June 2005. In the Northeast, the index dropped 6.3 percent in June to 99.4 and was 11.6 percent below a year ago. 

© 2006 FLORIDA ASSOCIATION OF REALTORS

Buying & Selling Tips

Finding the Best Real Estate Professional 

Finding the right real estate professional requires doing a little research and asking a few questions.  You need to know everything about the selling process. 

 Real estate professionals also need to be knowledgeable about the community. They need to have a feel for the history of the area and the approximate price that people will be willing to pay.  Also, real estate agents should know what the competition is and how much it will affect your sale.   

NEVER choose a Realtor on price alone.  Remember that a Realtor cannot magically raise the selling price of the house.  Consider the buyer.  The purchaser won't willingly pay too much; it's most likely that he or she will do research on the market and try to find the best product for the best price.  The facts simply cannot be changed, no matter which Realtor you select.  In spite of these unchangeable factors, the Realtor you select must still be diligent and knowledgeable.   

 The location obviously cannot be changed.  You should consider examining the condition of your property and reevaluating the marketing strategy.  Ask your Realtor to offer an explanation of the competition and your pricing strategy.

Please feel free to contact us at any time for any reason or question that you may have.