RE/MAX 360

RE/MAX 360

3/26/14

Winston Trails sales…the last 60 days

Below are all of the closed sales in Winston Trails in the past 60 days:

 

13 sales in Winton Trails in the previous 60 days…that translates to an annualized rate of 78 homes.

Last year there were 19 sales during the same period.

eagle_trace_194k1) A bank-owned Santa Cruz model on Eagle Trace – $194,000

6699_G_I

2) A bank-owned Rio Grande on Green Island – $210,000

Oakmont

3) Casablanca with a pool in Oakmont – $256,000

6095

4) Antilles on a corner lot in Turnbury – $260,000

Antilles_lk_nona

5) Antilles in Lake Nona – $270,000

Brookhurst_1

6) Riviera on Brookhurst - $289,000

Brookhurst_2

7) Another Riviera on Brookhurst – $312,000

Nairobi_Barton_creek

8) Nairobi in Barton Creek – $320,000

Riviera_Brookhurst_3

9) ANOTHER Riviera on Brookhurst – $320,000

Venice_Oakmont

10) Venice in Oakmont – $325,000

Venice_Bermuda_Dunes

11) Venice on Bermuda Dunes – $342,000

Tampico_Turnbury

12) A Tampico (extended) model in Turnbury – $352,000

Bay_Hill_Paris

13) A Paris in Bay Hill – $375,000

If you are curious about what your home may bring in this market…or looking to buy a home in our great community, call me on my direct line at 561-602-1258 or send me an email

Thanks again for reading…Steve Jackson, RE/MAX 360

photo

3/3/14

The propaganda confliction continues…

 

First…the ACTUAL facts related to the current state of housing…

Mtg_Purchase_Index_1-14

  • JPMorgan to lay off a total of 17,000 mortgage bankers by the end of 2014

  • Prices were up 11.7% in the first nine months of 2013, but fell 0.3% in the fourth quarter. And, the latest housing news has been bad.January existing-home sales fell to an 18-month low. And home construction in January recorded the biggest month-over-month drop in seven years.
  • “Our early data shows national quarterly price gains are falling at a rapid pace and suggest overall prices could dip into negative territory soon if current conditions continue,”

home_sales_1-14

NEXT: Here is a sample of recent ‘upbeat’ housing related headlines:

  • March comes in like a lion and goes out like a lamb. As March comes in this year, the housing sector continues to roar ahead with good news, while other sectors are struggling.
  • NAR says the housing market will continue to experience a growth in home sales, provided the job market continues to improve.

As a seller or buyer, it’s difficult to know what to believe. Are prices rising? Is inventory low? Should you sell now or wait? Should you buy now or wait?

Here, in Palm Beach County, it looks like the market peaked in August, 2013 after a bottom in early 2011. An additional signal is the inventory levels have risen about 25% from the beginning of September 2013. Where is our local market headed this year? I think I know what the indicators are and where they are pointing.

My business has been built upon giving highly personalized advice based upon my client specific needs and goals. No one answer is right for all sellers or all buyers. And you can’t rely on the media to give you all of the ‘unbiased’ data and analysis required for you to make an educated decision.

If you are thinking about making a move, selling or buying, we should see what is the best thing for you to do, now. My direct line is 561.602.1258

Thanks for reading….Steve Jackson

Lakeview Estates, Lake Worth Florida...foreclosure tracker

Lakeview Estates, Lake Worth Florida...foreclosure tracker
As of 4/1/10 there are 7 Lakeview Estates homes in some stage of foreclosure.
 
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