Condominium Market Report for November 2010 in Martin County, Florida

12.23.10 by

Condominium Market Report for November 2010 in Martin County, Florida

There was quite an unexpected increase in sales volume for November in the Martin County condo market.  Sales, as well as median and average prices, were up. This is a definite positive trend.  Hopefully, this trend will continue into 2011.  Inventory was up slightly, there is quite a bit of inventory that might become available if the positive results continue.

Condominium Market Report for November 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Residential Market Report for November 2010 in Martin County, Florida

12.22.10 by

Residential Market Report for November 2010 in Martin County, Florida.

The residential sales report for November showed an increase in the weakness of the real estate market.  Much of this is seasonal, as can be compared to past years’ fluctuations.  Average sales prices have continued their slide, but much of this is due to lower-priced inventory (smaller and older homes) sales and distressed property sales.

Interest rates have started to increase and this may result in at least a short-term increase in home sales, but more negative pressure on prices.

Data compiled from the Realtor Association of Martin County

Residential Market Report for November 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Jensen Beach, Florida Condo Real Estate Sales

12.21.10 by

Market Report: Jensen Beach, Florida Real Estate Sales
Zip Code 34957, Condo Sales for November 2010

  For November 2010: 3 Condo properties sold in Jensen Beach, Florida Zip Code 34957

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There are currently 65 active listings.

24 Condo sales are pending and awaiting close.

Market Report: Jensen Beach, Florida Residential Real Estate Sales

12.20.10 by
Market Report: Jensen Beach, Florida Real Estate Sales
Zip Code 34957, Residential Sales for November 2010

 

For November, 2010: 16 Residential properties sold in Jensen Beach, Florida Zip Code 34957
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There are currently 183 active listings.

51 Residential sales are pending and awaiting close.

Search here for Jensen Beach Florida Real Estate for Sale

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Market Report: Jensen Beach, Florida Real Estate Sales
Zip Code 34957, Residential Sales for November 2010

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For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

 

Jensen Beach Florida Real Estate
presented by the Gabe Sanders real estate team

Market Report: Sewalls Point, Florida Real Estate Sales

12.17.10 by
Market Report: Sewalls Point, Florida Real Estate Sales
Zip Code 34996, Residential Sales for November 2010


For November, 2010: Only 1 Residential property (foreclosure) sold in Sewalls Point, Florida Zip Code 34996
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There are currently 48 active listings.

12 Residential sales are pending and awaiting close or lender approval..

 

Search here for Sewalls Point Florida Real Estate for Sale

Search the Martin County MLS
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Market Report: Sewalls Point, Florida Real Estate Sales
Zip Code 34996, Residential Sales for November 2010

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Sewalls Point Florida Real Estate
presented by the Gabe Sanders real estate team

Market Report: Hobe Sound, Florida Condo Real Estate Sales

12.15.10 by

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Condo Sales for November 2010

 

For November, 2010: 1 Condo sold in Hobe Sound, Florida Zip Code 33455
There are currently 41 active listings.

9 Condo sales are pending and awaiting close.

Search here for Hobe Sound Florida Real Estate for Sale

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Condo Sales for November 2010

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

 

Hobe Sound Florida Real Estate
presented by the Gabe Sanders real estate team

Market Report: Hobe Sound, Florida Residential Real Estate Sales

12.14.10 by
Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for November 2010

 

For November, 2010: 16 Residential properties sold in Hobe Sound, Florida Zip Code 33455

There are currently 431 active listings.

51 Residential sales are pending and awaiting close.

Search here for Hobe Sound Florida Real Estate for Sale

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for November 2010

Hobe Sound Florida Real Estate
presented by the Gabe Sanders real estate team

Tips for Applying for a Mortgage

12.10.10 by

Tips for Applying for a Mortgage

How To Apply

In recent years the loan application process has been greatly simplified, however, proper information from borrowers is still required. Most lenders today are looking for fully-documented loan applications. This may sound intimidating, however, it’s not a big deal. Just take these steps:

  • At least three months BEFORE you finance or refinance real estate get a copy of your credit report. The reason to do this is to check and see if there’s any information on your credit report which is factually incorrect or out-of-date (most negative items can stay on a credit report for seven years, 10 years for a bankruptcy). If you start looking at your credit report three months ahead you should have some time to correct errors. You can get a free credit report with no strings attached by going to AnnualCreditReport.com.
  • Get your paperwork in order. Have in hand your last three pay stubs, your last three tax returns, and statements for all savings and checking accounts, mutual funds, retirement accounts, credit cards, student loans, car loans, etc. Make a file and stick the paperwork in it. You want to show ALL income and you must show ALL debts. When in doubt add it to the file.
  • Ask some questions: Do you expect to receive “bonus” income now or in the future? Do you expect to receive “overtime” income now or in the future Will “other” income in addition to your salary continue at current levels? If you own your home and use it as a prime residence, what’s the estimated fair market value? What’s the value of all financing now secured by your current home if you’re refinancing?

Treasure Coast Florida Real Estate presented by
the Gabe Sanders real estate team

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

VilaBella Town-Home Condos in Stuart, Florida

11.29.10 by
VilaBella Town-Home Condos in Stuart, Florida
 

These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet-friendly condominiums feature stainless steel appliances with granite countertops in the kitchen and in the bathrooms. All units have one-car garages and terraces with beautiful views of this well-landscaped gated community. Hurricane shutters are included with all units. Residents can enjoy a spacious clubhouse with picnic areas and a community swimming pool. VilaBella is close to great schools, downtown Stuart and the gorgeous Stuart beaches!


Search Here for VilaBella Town Home Condos for Sale

VilaBella Town-Home Condos in Stuart, Florida

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

the Courtyards at Willoughby Condos in Stuart, Florida

11.28.10 by
the Courtyards at Willoughby Condos in Stuart, Florida

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer. There are four models to choose from, namely called The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to three bedrooms and some models feature garages. The community features a swimming pool, with a sundeck and cabana grilling area, and a 24-hour fitness center! The surrounding school district has ‘A’ rated schools.

Search Here for Courtyards at Willoughby Condos for Sale
the Courtyards at Willoughby Condos in Stuart, Florida

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Pinecrest Lakes in Jensen Beach, Florida

11.27.10 by

Pinecrest Lakes in Jensen Beach, Florida

Pinecrest Lakes in Jensen Beach, Florida was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area.  Consequently, this community has a distinctive feel and flavor.  All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots.  None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway.  Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water.  Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes is located in Martin County’s “A” rated school district.  The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students.  Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Pinecrest Lakes in Jensen Beach, Florida

Residential Market Report for October 2010 in Martin County, Florida

11.22.10 by

Residential Market Report for October 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single-family homes and townhomes as reported by the Realtor Association of Martin County.

Sales of residential units in Martin County remained basically unchanged from last month in volume while down from October of 2009 from 133 units to 114 units for this October.  The homeowners’ tax credit was in force and this certainly had an effect on the higher sales volume of last year..

Average sales prices took another dip this month while listing prices have risen slightly.  Inventory has basically remained unchanged from last year and with sales down the absorption rate is once again high ( almost 16 months) and at very unattractive levels. Barring any unforeseen external economic events, we are expecting a modest increase in sales volume after the holidays as the current buying environment is very positive with some of the best values available.  If there’s any hint of inflation and the corresponding increase in mortgage interest rates we expect a fairly strong increase in activity, unfortunately for sellers with no corresponding increase in prices.

Data compiled from the Realtor Association of Martin County

Residential Market Report for October 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Condominium Market Report for October 2010 in Martin County, Florida

11.21.10 by

Condominium Market Report for October 2010 in Martin County, Florida

The October Condo market declined to 30 unit sales, down significantly from 57 units in October 2009 and 48 in September 2010.  Some of this decline can be attributed to normal seasonal fluctuations as demand for second homes (condos) declines as we approach the holiday season.
On a positive note, the median price has increased reflected in sales of some higher-priced units.  It would be a mistaken assumption to think that individual unit values have started to increase.


Data compiled from the Realtor Association of Martin County

Condominium Market Report for October 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Martin Downs Country Club in Palm City, Florida

11.10.10 by

Martin Downs Country Club in Palm City, Florida

Martin Downs Country Club in Palm City is a prestigious country club that features 2 championship 18-hole golf courses, twelve tennis courts, a spa, and a fitness center! Martin Downs admirable and varied homes are sure to have something that you are looking for. Just minutes from Florida’s Turnpike and I-95, the community is a dream for the commuter. Palm City is a prime area to reside in; it has many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County and Palm Beach County have to offer, your search is sure to end here!

Martin Downs Country Club encompasses a wide array of home styles ranging from estate homes to condominiums.  For more information on Martin Downs homes, please don’t hesitate to contact us.

Search Here for Martin Downs Real Estate in Palm City

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Martin Downs Country Club in Palm City, Florida

River Forest of Stuart

11.06.10 by

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest Home Owners Association

Search for All River Forest Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Condominium Market Report for September 2010 in Martin County, Florida

10.27.10 by

Condominium Market Report for September 2010 in Martin County, Florida

The September Condo market showed some fairly good numbers in terms of volume of sales.  Up from the last year as well as the previous month.  Inventory has declined some more and the trend appears to be fairly positive.  Unfortunately, the median sales price is continuing a downward trend.  Much of this downward trend reflects that sales of lower-priced non-waterfront condos are currently the predominant market share.  The volume of riverfront and oceanfront condos has picked up slightly but remains very sluggish.
For the higher-priced segment of the market, foreclosures and short sales, while not the greatest number of listings, continue to drag prices down overall!

Data compiled from the Realtor Association of Martin County

Condominium Market Report for September 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit our website or call us at (772) 888-2885.
Our market reports are here!

Residential Market Report for September 2010 in Martin County, Florida

10.26.10 by

Residential Market Report for September 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single family homes and townhomes as reported by the Realtor Association of Martin County.

Sales of residential units in Martin County were sluggish for September with a small decrease in volume from August and a little larger decrease from last year.  Inventory which has risen for the past three months showed a small decline.

On a positive note, the average sales price has risen.  In a careful analysis of sales this rise is from the increased number of sales of higher end homes rather than increases in values of existing homes.  For the middle to lower end of our market, prices have stabilized for those homes that have been updated and presented well.

Data compiled from the Realtor Association of Martin County

Residential Market Report for September 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Jensen Beach, Florida Real Estate Residential Sales in Zip Code 34957

10.23.10 by
Market Report: Jensen Beach, Florida Real Estate Sales
Zip Code 34957, Residential Sales for the Past 30 days

 

In the past 30 days, 16 homes have sold in the 34957 zip code area of Jensen Beach, Florida.

There are currently 167 active listings.

55 Residential sales are pending and awaiting close.

Search here for Jensen Beach Florida Real Estate for Sale

Market Report: Jensen Beach, Florida Real Estate Sales
Zip Code 34957, Residential Sales for the Past 30 days

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Palm City, Florida Real Estate Residential Sales in Zip Code 34990

10.22.10 by
Market Report: Palm City, Florida Real Estate Sales
Zip Code 34990, Residential Sales for the Past 30 days

 

In the past 30 days, 32 homes have sold in the 34994 zip code area of Palm City, Florida.

There are currently 543 active listings.

105 Residential sales are pending and awaiting close.

Search here for Palm City Florida Real Estate for Sale

Market Report: Palm City, Florida Real Estate Sales
Zip Code 34990, Residential Sales for the Past 30 days

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Hobe Sound, Florida Real Estate Residential Sales in Zip Code 33455

10.21.10 by

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for the Past 30 days

 

In the past 30 days, 19 homes have sold in the 33455 zip code area of Hobe Sound, Florida.

There are currently 415 active listings.

48 Residential sales are pending and awaiting close.

Search here for Stuart Florida Real Estate for Sale

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for the Past 30 days

 

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!