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Amazing? Not Really! I am evaluating Pending listings for the month of Marche and year to date. As the 7 year cycle starts up again the improvement is proven in the numbers. The fall in the Port St Lucie FL Real Estate Market began spring of 2006. Here we are 7 years later and showing a 200+% improvement over just last year. Ironically the improvement for homes listed up to 100K shows only a 143.5% improvement. This I must attribute to the rise in value of the homes in Port St Lucie. No - we don't have a (0 comments)
Crunch time to order Homeowners Insurance for S. Florida, Port St Lucie Real Estate closings. With Issac coming closer to the box-be prepared. For those who don't know there is an insurance box that once a named storm is in it, insurance companies will not write a policy. So if you plan on closing any real estate transactions in South Florida you need to bind the policy now. Most Likely Mon-Wed may not be an option and thus your closing will be delayed.
Just a reminder to think ahead for your closings. In case we forget any "tropical storm" that is "in the box" can delay a closing. I guess I was so focused on getting title and lender together for a CTC (Clear to Close) that the insurance slipped my mind. Now as you see below... just about ALL of Florida is in the box. Market Update - Low Inventory, Great Prices, Contract Binding Opportunities available... Insurance Binding for closings... not for now. If anyone knows of an insurance carrier binding for South Florida (clearly out of the cone) Please let me know. (0 comments)
st lucie county: Port St Lucie, FL Market improvements... Buy Now - 05/23/12 09:43 AM
The Truth Spoken…. Fla.’s housing market continues positive signs in April 2012 ORLANDO, Fla. – May 22, 2012 – Florida’s housing market had increased pending sales and higher median prices in April, along with a greatly reduced inventory of homes and condos for sale, according to Florida Realtors® latest housing data. “Here in Florida, we’re seeing some strong numbers that show positive momentum for the state’s housing recovery and our economy,” said 2012 Florida Realtors President Summer Greene, regional manager of Better Homes and Gardens Real Estate Florida 1st in Fort Lauderdale. “Home prices continue to rise in many markets. Inventory (1 comments)
For those who may have Short Sold their previous property there may be a lot of clean up needed on other credit items while the “time to buy” plays out on the completed short sale. Those who foreclosed may be in the same boat. They have approx. 3 years to perfect credit and be A+ buyers again.
Is the “fat lady” singing to us? - If RE markets run in 7 year cycles – this is absolutely right!
The Height of the housing boom was 1st qtr. 2006. Which would put an end to the decline at first qtr. 2013! This could be the final year to buy during the “housing bust” cycle. Read more below!
__________________________________________________________________________________________________ Several housing experts are predicting that this year will be the last chance (1 comments)
st lucie county: Bidding wars catch buyers off guard - 05/01/12 03:32 PM
In case anyone missed it… here it is!! The plain truth in black and white for all consumers to read. I am here in Florida and can definitely testify to this scenario. Just this past week I had an appointment with a homebuyer who is very frustrated after bidding over 25K above the asking price for an REO only to lose out. … They are back!!
Strait from Wall Street Journal... http://online.wsj.com/article/SB10001424052702304723304577366294046658820.html#articleTabs%3Darticle ""A new development is catching home buyers off guard as the spring sales season gets under way: Bidding wars are back.
Below is an article from today’s Headlines – One that actually depicts REALITY! (It will certainly be in the Window Front Today)
Short Sales on the other hand are increasing…. As judges in the Tri-County area slow down foreclosures, Banks are turning to Short Sales as a means of disposing “foreclosing” inventory. Quite Frankly with Bank of America (being my favorite… haha/right) a short sale is most likely easier to purchase than a Bank of America REO – This WILL BE another Blog to look for, you (2 comments)
<!-- end .lead_photo_caption --><!-- end .lead_photo -->STUART —The 6th annual Greek Festival sponsored by St. John Greek Orthodox church of Martin county, will be held January 14th through 17th in Hobe sound. While the location is new (US-1 South, next to Hobe Sound Public Library) the format will be a familiar one to Martin county fair-goers: Traditional Greek foods, pastries, wine and beer as well as soft drinks. Live music by the Hellenic Band of South Florida and a special guest, George Stathos of NYC (0 comments)
st lucie county: Broward County FL - Walk for the Animals - Help Homeless Pets in - 02/18/12 07:48 AM
Humane Society Dog Walk Fundraiser March 3, 2012 8AMFeel free to join our pack....Catch Me If You Can!Thank you for your support & donation! Walk for the Animals humanebroward.donordrive.com The Humane Society of Broward County provides shelter, aid and responsible adoptions to animals entrusted to our care, and educates the community about respect and kindness to all animals. (1 comments)
Jensen Beach, FL Featured Business: Roosters Daytime Cafe
Located on close to Beautiful Hutchinson Island / Jensen Beach – Those who live on farms are awakened bright and early with a piercing cock-a-doodle-do! Those lucky enough to live in the Jensen Beach area can open their sleepy eyes to a farm-fresh, homemade breakfast -- or lunch -- at the friendly, cozy Roosters Daytime Cafe.
Featured Listing in Jensen Beach, Florida – 3/2/2 Nice CBS Home on the Preserve in Desirable, Guard-Gated Golf Community – Jensen Beach Country Club. Interior Features 11ft Ceilings. Wood Cabs All Kitchen Appl's, (1 comments)
The 50 Somethings… Single Family Homes Sold in Port St Lucie from 49K-60K I wanted to do a Market Report on the 50K price range most expectantly to see a serious decrease in solds from this year over last. Surprise… again the numbers don’t lie.. so even I have to drink the sour milk… (yuck)
2010 Homes Sold from 49K-60K Single Family in Port St Lucie 3/2 min
2011 Homes Sold from 49K-60K Single Family in Port St Lucie 3/2 min.
While there was a decrease…12% to be exact… I was expecting more like 35%. (2 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.