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Market Updates

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A summary of July 2017 existing home sales in South Florida  indicates sales data showing that housing market activity this July fell from last month, but improved from last year. 

Sales of homes on the market slipped to their lowest level of the year in July 2017. As the conversant undercurrents of "lean supply and enthusiastic demand lingers. It continues to strain the housing market, although it reached 5.44 million,” according to Association of Realtors  The Association of Realtors also noted “that it was down 1.3% from a downwardly-revised June pace. While July’s pace was 2.1% higher than a year ago, it was the lowest since last August”. 

NAR Chief Economist, Lawrence Yun stated in July, that “homes are selling fast, strong demand meant

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The Village of Tequesta and the Town of Jupiter are snuggled between Palm Beach Gardens and Stuart.  The village and township areas provide an opportunity to enjoy the outdoors.   Tequesta, as well as Jupiter, have a vail of secrecy surrounding the Loxahatchee River and Intracoastal Waterway.  Not many folks are aware of the how the river winds in and out of Jupiter and Tequesta.  It affords quiet life and incomparable water vistas for the homeowners, thusly, paddle boarding, kayaking, water sports, boating, etc. are plentiful.

Tequesta Homes, border up to the Town of Jupiter, which is to the North.  Mutually sunny, the beachside towns offer many championship golf courses, private country club living, miles of unspoiled, white sugar sand beaches

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Florida is known for its beautiful weather and beaches.   South East Florida’s temperatures have been hotter than normal, fueled by a lack of rain, resulting in sun-parched, humid days. A high-pressure system over the Atlantic, combined with Saharan dust drifting more than 4,000 miles from Africa,  is making it feel like 90 degrees by mid morning. Trying to keep cool on these rare days can be a challenge. With higher chances of rain this week expect  some relief from the summer heat.  While waiting for the rains to come, it’s imperative that South Floridian's try to keep cool and hydrated.  It is advisable to keep out of the sun during peak periods, wear sunscreen, hats and protective clothing to avert heat-related complications.  A good

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Consumers using the Internet in their homebuying process in South Florida continues to grow. Interestingly, those buyers are more likely to use a real estate agent, than not use a real estate professional according to an annual survey from the National Association of Realtors.

The National Association of Realtors, “Profile of Home Buyers and Sellers”, included survey responses from thousands of individuals who purchased a home during a one-year period of time. The seller information in the report is from those buyers who also sold a home. Home buyers who purchased a home during that time period, the highest share ever ,92 percent, used the Internet to search for a home. 

The Internet is a part of getting your marketing strategy and is an

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The interest for real estate in the United States remains to flourish. Foreign buyers continue to view the United States as a desirable place to own property. Just last year America’s residential real estate sales to international buyers accounted for $102 billion in sales. Foreign buyers have been inclined to make purchases in warmer climates.  They have traditionally purchased in Florida, California, Texas, Arizona and New York.

The real estate specialists at Waterfront Properties and Club Communities understand that the real estate industry has becoming global.  At an international event attended by Rob Thomson, Managing Partner, in which he personally marketed his listings to real estate professionals from around the globe.

By introducing

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A credit report is a detailed report of an individual's credit history. Credit bureaus collect information and create credit reports based on that information, and lenders use the reports along with other details to determine loan applicants' credit worthiness. In the United States, there are three major credit reporting bureaus: Equifax, Experian and TransUnion. Each of these reporting companies collects information about consumers' personal details and their bill-paying habits to create a unique credit report; although most of the information is similar, there are often slight differences between the three reports. 

Do you realize the importance of a good credit score when it comes to the home buying process? There's a lot of distortion and

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When buying a new house its advisable to have a very innovative idea of what you’re looking for in your next home. The list may be a very long one, but you need to be realistic about what fundamentals are truly “wishes” and which ones are nonnegotiable.  Consider prerequisites as to the number of bedrooms, garages, a fenced yard for a pet, swimming pool, a specific school district, waterfront etc.

Once you’ve gathered up ideas for your new home you’ll need to make a list.  It can be accommodating to divide your list into categories.  Three categories such as nonnegotiable basics, shadowed by items that would be enjoyable to have and your dream features.

A suitable place to start is to figure out what properties are available in your price range

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The 2017 housing market is shaping up to be opportune for both the buyer and the seller. Although mortgage interest rates are on the rise, it hasn’t deterred buyers from purchasing their next home.


Since the presidential election, interest rates have risen from 3.5 percent to 4.2 percent. According to research by the National Association of Realtors, supply and demand graphs show that even while interest rates have gone up, home sales are still increasing, meaning inventory is going down, which could be a motivating factor for people to sell their homes.


But why are people buying even though rates are going up?


The rising cost of rent has been a contributing factor motivating people to purchase a home. In the past few years, the number of

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Today, it is clear that our culture and our existence are dependent on technology and all of its wonders. The world today is a digital one. From socializing, learning or commerce, technology is lifeblood and the world of real estate is no different. 

With apps, stunning websites and the ease of email communication the world of real estate is adapting. Realtor.org recently released a study indicating the power of this change. With apps and websites that allow customers to search by specific location and specific neighborhoods, buyers have the ability to maximize their search and their ability to compare and contrast homes on the market. The ability to do this gives both the buyer and the realtor an advantage. Most of the consumers will have their ideal

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Florida conjures up images of luxurious palatial homes, palm trees swaying in warm breezes, sparkling swimming pools, expansive stretches of sandy beaches, and seas of boats moored in harbors. It’s where luxury living has been elevated to its limits.  Thinking of moving to South Florida in 2017, consider the hot forecast for real estate in 2017.

Expect a hot year for home sales in 2017, per recent forecasts from the National Association of Realtors, the Mortgage Bankers’ Association, Freddie Mac and Fannie Mae and more.

NAR is predicting “existing-home sales to reach 6 million in 2017, higher than its 5.8 million forecast for this year. But other entities are even more bullish. MBA is predicting home sales to eclipse 6.5 million next year,

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