PGA Village Brand New Home $219,000

NEVER LIVED-IN. BEAUTIFUL KITCHEN OPEN TO BREAKFAST AREA AND GREAT ROOM. VERY AIRY AND SPACIOUS. HOA INCLUDES ACCES TO THE ISLAND CLUB WITH COMMUNITY POOL, FITNESS CENTER. A membership is also available for  The largest Golf practice area in the USA, 4 Championship courses and a short game practice area. Easy to rent out as a furnished holiday rental.

3 Bedroom 2 Bathroom 7132 MAIDSTONE DR
$219,000                           Sterling  £128,000

Currency Converter

Design: View: GARDEN Const: CBS WtrFrt: Unt Desc: Secur: Roof: S-Tile Mmbrsh: Floors: Carpet, CERAMIC TILE Cool: CENTRAL, ELECTRIC Frnsh: Heat: CENTRAL, ELECTRIC Dining: Utilities: PUBLIC WATER, PUBLIC SEWER Gst Hse: Boat Service: MBR/MBath: Spec Info: Rooms: Restrictions: BUYER APPRV Window/Trmts: Bay Window FeeIncl: Equip/Appl: Disposal, DISHWASHER, DRYER, ELEC WTR HTR, ICE MAKER, REFRIGERATOR, WASHER Members Pool Area,Tennis, Basket Ball , lounge, Members game Room, Parking: Lot Desc: Lt 1/4 Acre MH Features: Subdv Info: Pool Interior: Cat/Vau Ceil, ROMAN TUB, WLK IN CLOS, LAUNDRY TUB

Living Rm: 23 x 16 Den: Master BR: 16 x 12 Liv SqFt: 1,789 BR: 3 Kitchen: 11 x 10 Family Rm: Bedroom 2: 12 x 10 Tot SqFt: 2,436 FB: 2 Dining Rm: 12 x 11 Florida Rm: Bedroom 3: 12 x 11 

Living Rm: 32 x 12 Den: 0 x 0 Master BR: 13 x 13 Liv SqFt: 1,120 BR: 2 Kitchen: 13 x 8 Bedroom 2: 13 x 11 Tot SqFt: 1,120 BEAUTIFUL OCEANFRONT VIEWS, HEATED POOL, FLORIDA LIVING AT ITS FINEST, OCEANFRONT VIEWS, 100 YARD FROM BEACH, HEATED POOL, 2 TENNIS COURTS, SHUFFLEBOARD, GAZEBO, UPGRADES INSIDE INCLUDE ADDED CABINETS AND OPEN KITCHEN, DEEP STORAGE CABINETS,WALK IN CLOSET, VERY LIGHT, VERY BRIGHT, VERY FLORIDA, OCEAN FRONT BALCONY

 Google Maps   Important Phone Numbers

I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in Stuart

Let me help you find your dream home in South Florida! 

If you are looking for the right move abroad South Florida is the place to invest.

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs
If this is not the type of home you are looking for.

I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

 

 

 

 

Pre Foreclosure Ocean Front Condo

Design: MED, View: OCEAN Const: WtrFrt: OCEAN FRONT Unt Desc: Inter Hallwy, MICROWAVE Secur: Roof: Mmbrsh: Floors: Carpet, CERAMIC TILE Cool: CENTRAL Frnsh: Unfurnished Heat: CENTRAL Dining: Din-Liv Utilities: PUBLIC WATER, PUBLIC SEWER Gst Hse: Boat Service: MBR/MBath: Com Tub/Shr Spec Info: Rooms: Great Restrictions: BUYER APPRV, TENANT APPRV, LEASE OK Window/Trmts: Blinds, DRAPES, VERTICALS FeeIncl: COMMON AREA, MAINT-EXTR, LAWN CARE Equip/Appl: Refrigerator, RANGE, DISHWASHER, ELEC WTR HTR Private Pool: Inground, HEATED Parking: Assigned Lot Desc: MH Features: Subdv Info: Pool, TENNIS, ELEVATOR, LOBBY, COMM LAUNDRY, COMMUN ROOM, GAME ROOM, LIBRARY Interior: Wlk In Clos, BLT IN SHEL, DOME KITCHEN, PANTRY, FOYER, ELEVATOR Exterior: Scrnd Bal, CABANA, OUTDR SHOWER, TENNIS COURT

3200 North A1A
Sea Palms Condominium

US Dollars    $170,000                Sterling £123,000

 Currency Converter

Please note:
ALL BUYERS MUST BE PRE APPROVED BY GROUP ONE FINANCE
Greg Ryan
Senior Loan Specialist
Group One Finance
561 745 1207 Office
561 818 5719 Cell

Buyers Agent on the Treasure Coast. I would be happy to act as your agent working  with you from start to finish on the purchase of your new home on the Treasure Coast

Living Rm: 32 x 12 Den: 0 x 0 Master BR: 13 x 13 Liv SqFt: 1,120 BR: 2 Kitchen: 13 x 8 Bedroom 2: 13 x 11 Tot SqFt: 1,120 BEAUTIFUL OCEANFRONT VIEWS, HEATED POOL, FLORIDA LIVING AT ITS FINEST, OCEANFRONT VIEWS, 100 YARD FROM BEACH, HEATED POOL, 2 TENNIS COURTS, SHUFFLEBOARD, GAZEBO, UPGRADES INSIDE INCLUDE ADDED CABINETS AND OPEN KITCHEN, DEEP STORAGE CABINETS,WALK IN CLOSET, VERY LIGHT, VERY BRIGHT, VERY FLORIDA, OCEAN FRONT BALCONY

 Google Maps   Important Phone Numbers

I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in Stuart

Let me help you find your dream home in South Florida! 

If you are looking for the right move abroad South Florida is the place to invest.

Ken@yourfraction.net

305-320-6744

 

 

 Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs

If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

 

 

 

 

 

4 Bedroom Built 2006 Ready To Close

Jame Port Dr. SW 1971 (Portofino Isles) PSL,FL Yr 2006 CBS Home With with Lakeview 4/2/2 Price $99,900

Single Family, Port St. Lucie FL United States
Price: $99,900.00 Stories: 1
Beds: 4 Baths: 2 Sq. Ft.: 1700
Lot Size: 80 x 125 Year Built: 2006

Short Description:
CBS Home With Lakeview! Yr Built 2006 – 4/2/2- 1,700 SF Living Area – Located in Portofino Isles- Tax estimator average: $1,545.00 City Water / City Sewer

This Property is FHA APPROVED, has CLEAN TITLE,
and a PRE-NEGOTIATED APPROVAL!
Split Floor Plan 4 / 2 / 2
2006 / CBS Construction
City Water / City Sewer
Kitchen: 11 x 11
Cherry Cabinets, Granite Counter tops, 18″ Tile Flooring, Vaulted Ceilings, Stainless Steel Microwave, Stainless Steel multi-cycle Dishwasher, Stainless Steel Double Sink/ Disposal w/ Fancy Faucet, Whirlpool Glass Flat top Stove, 4ft. Bar, Pantry, High hat lighting
Living Room: 13 x 22
18″ designer Diamond Diagonal Tile
Dining Room: 14 x 13
18″ designer diamond Diagonal Tile, Double
Glass Sliding Door
Master Bedroom: 14 x 12
Plush Carpet Flooring, Vaulted ceiling , His & Hers Walk-In Closets
Master Bath 5 x 10
Large Roman Tub, Walk-in Glass Shower, Double Cultured Marble Top Vanity
2nd Bath 6 x 8
Shower/Tub Combo, Mica top vanity
2nd Bedroom 10 x 11
18″ designer Diagonal Tile, Plush Carpet Flooring, ceiling Fan, anything special, Lg Walk-In Closet, Tray Ceiling
3rd Bedroom 10 x 11
Plush Carpet Flooring, ceiling Fan with light, Lg WalkIn
Closet4th Bedroom 10 x 10
Plush Carpet Flooring, ceiling Fan with light, Lg Walk-In ClosetLaundry Room 5 x 5
Whirlpool Washer & Dryer with Hook up
Large 2 Car Garage 20 x 20
2006 Hot Water Heater
Automatic Garage Door Opener w/ remote
200 Amp Breakers
Certified Aluminum Shutters
HUGE Fenced In Lot on Lake
Lot Size: 80 x 125 .29 Acres
Patio: 10 x 15
Exterior:
2006 Roof, 2006 A/C
AXES: Estimator average:
TAXES are based on sales price average:
Homesteaded properties may be lower.
Non-Homesteaded will be higher.
Repairs: Clean Up, Paint, Landscaping
Directions: US#1 To West on Port St Lucie Blvd Turn R on Gatlin Blvd. L on Rosser Blvd. R on SW Newport Isles Blvd. L onto James Port Dr.

Google Maps   Important Phone Numbers

I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in Stuart

Let me help you find your dream home in South Florida! 

If you are looking for the right move abroad South Florida is the place to invest.

Ken@yourfraction.net

305-320-6744

Serving  Stuart, Sewall’s Point, Jensen Beach, Palm City, Hobe Sound, Hutchinson Island or Port Saint Lucie, Florida Let me help you find your dream home in South Florida! 

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs. If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

 

Fantastic Townhome with Ocean Views $369,900

Approved Short Sale  Beautiful 3 story townhouse with it’s own elegant private elevator. Fantastic ocean views from almost every room. Two covered Balconies, custom closet origanizer, spacious rooms, impact glass windows throughout.The kitchen is model perfect… Granite counter tops, beautiful wood cabinetry and more… Impact resistant glass throughtout, two car attached garage… This home was originally purchased for nearly $830,000 and is now available at a fraction of that amount. HURRY! disclaimer: this property has Ocean veiws, but is not ocean front. :It’s the seller’s intention to exclude the appliances and plantation shutters

Living Rm: 15 x 14 Den: 14 x 10 Master BR: 17 x 14 Liv SqFt: 2,374 BR: 3 Kitchen: 11 x 9 Family Rm: 10 x 11 Bedroom 2: 14 x 12 Tot SqFt: 3,146 FB: 3 Dining Rm: 11 x 11 Florida Rm: Bedroom 3: 15 x 13 Guest Hse: HB: 0 Dining Ar: Patio/Balc: 10 x 7 Bedroom 4: Yr Built: 2007/ NEW Utility: 8 x 6 Porch: 10 x 7 Bedroom 5: Pool Size: Pets: Y

Design: MEDITERR, View: OCEAN, OTHER Const: WtrFrt: NONE Unt Desc: Corner Secur: GATE-UNMAN, SEC SYST/OWN Roof: S-Tile Mmbrsh: Floors: Carpet, CERAMIC TILE Cool: CENTRAL Frnsh: Unfurnished Heat: CENTRAL Dining: Din-Liv, EAT IN KITCH Utilities: PUBLIC WATER, PUBLIC SEWER Gst Hse: Boat Service: MBR/MBath: Sepshower, SPA TB + SHR, DUAL SINKS Spec Info: Rooms: Util-Lndry, DEN, FAMILY Restrictions: OTHER Window/Trmts: Sliding, HURRICANE FeeIncl: LAWN CARE, INSUR-BLDG, CABLE Equip/Appl: Smoke Detect, INTERCOM, AUTO GAR DR Private Pool: Parking: Att Garage, DECOR DRIVE Lot Desc: MH Features: Subdv Info: Pool, CLUBHOUSE, EXER ROOM Interior: Vol Ceil, ROMAN TUB, WLK IN CLOS, PANTRY, LAUNDRY TUB, ELEVATOR Exterior: Covrd Bal, COVRD PATIO, AUTO SPRINK

118 Ocean Bay Dr Jensen Beach   

$349,900    Currency Converter      E 259,600 Euros

 Google Maps   Important Phone Numbers

I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in The PGA Village Port St Lucie

Serving  Stuart, Sewall’s Point, Jensen Beach, Palm City, Hobe Sound, Hutchinson Island or Port Saint Lucie, Florida Let me help you find your dream home in South Florida! 

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs

If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

 

The U.S. Housing Market Is Finally On The Mend

Existing home sales show signs of recovery

WASHINGTON – July 24, 2009 – The U.S. housing market is finally on the mend after its most far-reaching collapse in 70 years. That could help rebuild consumer confidence and revive the economy.

For the first time in five years, sales of previously occupied homes rose for the third consecutive month in June, while foreclosure sales and the glut of homes on the market both declined.

The figures, released Thursday by the National Association of Realtors, and a string of rosy corporate earnings reports sparked a rally on Wall Street as the Dow Jones industrials rose above 9,000 for the first time since January.

“People believe that the worst is behind us,” said Julie Longtin, a real estate agent with Re/Max Professionals in Providence, R.I., an area that has suffered deeply from record foreclosures of risky loans.

Sales also have risen for three straight months in 40 out of 55 major metropolitan areas tracked by the Associated Press-Re/Max Housing Report, also released Thursday. Prices rose during that period in about half of those areas.

Still, unlike past recessions, the turnaround in the real estate sector is likely to have a muted effect overall. That’s largely because homebuilders are expected to keep bulldozers idle as long as they face competition from bargain-priced foreclosures. And it’s likely to take at least another year before job losses and foreclosures peak.

The Labor Department said Thursday the number of newly laid-off workers seeking jobless benefits rose 30,000 to a seasonally adjusted 554,000 last week, though the government said its report again was distorted by the timing of auto plant shutdowns.

Unemployment insurance claims have declined steadily since the spring, but most private economists and the Federal Reserve expect jobs to remain scarce and the unemployment rate to top 10 percent by year-end.

“We’re not going to see much growth in (home) sales until the labor market turns around,” said Patrick Newport, an economist with IHS Global Insight. “People don’t move as much when they can’t find work.”

But companies should start hiring as their fortunes improve – and there were some early signs Thursday that’s starting to happen.

Ford Motor Co. surprised investors with a profit of $2.3 billion, due mainly to a huge gain for debt reduction, while manufacturing conglomerate 3M Co. and candy maker Hershey Co. raised their profit forecasts for the year.

The Dow Jones industrial average, the stock market’s best-known indicator, shot up almost 190 points Thursday to 9,069.29, its highest level since November, and all the big indexes gained more than 2 percent.

Analysts said signs that the housing market is finally, gradually turning around could help spur demand as buyers become less fearful of losing their shirts.

I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in Jupiter Florida

 Serving  Stuart, Sewall’s Point, Jensen Beach, Palm City, Hobe Sound, Hutchinson Island,Jupiter or Port Saint Lucie, Florida . Let me help you find your dream home in Jupiter Florida! 

Ken@yourfraction.net

305-320-6744

 

This home on Hampshire Lane  in Port St Lucie is now reduced to $99,900 and is ready to close in 30 days

http://kenduncanrealtor.com/category/foreclosure/    there are 4 pages of short sale homes

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs
If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

Magnificent Custom Built Home

Magnificent custom built home with a very private setting nestled along the river and a preserve. Wrap around patios for a tremendous amount of outside living. Master bedroom on 1rst floor, plus guest bedroom, loft,extra kids playroom,Living Rm: 21 x 25 Den: 13 x 13 Master BR: 17 x 17 Liv SqFt: 5,163 BR: 4 Kitchen: 21 x 15 Family Rm: 20 x 11 Bedroom 2: 14 x 16 Tot SqFt: 7,466 FB: 5 Dining Rm: 14 x 14 Florida Rm: Bedroom 3: 15 x 18 Guest Hse: HB: 0 Dining Ar: 13 x 11 Patio/Balc: 99 x 12 Bedroom 4: 12 x 13 Yr Built: 2004/ Utility: 24 x 10 Porch: 13 x 13 Bedroom 5: Pool Size: 15 x 12 Pets: Y Se  Banyan Jupiter Florida        

Euro 1,240,000   $1,800,000   

 Currency Converter

Design: View: RIVER Const: WtrFrt: RIVER, OCEAN ACCESS Unt Desc: Secur: BURG ALARM, GATE-MANNED Roof: Concrete Mmbrsh: Floors: Ceramic Tile Cool: CENTRAL Frnsh: Unfurnished Heat: CENTRAL Dining: Formal, EAT IN KITCH, BREAK AREA Utilities: PUBLIC WATER, PUBLIC SEWER, UNDERGROUND Gst Hse: Boat Service: MBR/MBath: Sepshower, SEPBATH, DUAL SINKS Spec Info: SOLD AS-IS Rooms: Great, LOFT, ATRIUM Restrictions: OTHER Window/Trmts: Plant Shut FeeIncl: Equip/Appl: Washer, DRYER, REFRIGERATOR, RANGE, DISHWASHER, ELEC WTR HTR, DISPOSAL Private Pool: Inground Parking: Att Garage Lot Desc: 1/4- Lt 1/2 Ac MH Features: Subdv Info: Tennis, CLUBHOUSE, PLAY AREA Interior: Vol Ceil, SPLIT BEDRMS, ROMAN TUB, BLT IN SHEL, WLK IN CLOS, PANTRY, FOYER, WET BAR Exterior: Open Patio, COVRD BAL, AUTO SPRINK, WELL SPRINK

 

  I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in Jupiter Florida

 

Serving  Stuart, Sewall’s Point, Jensen Beach, Palm City, Hobe Sound, Hutchinson Island,Jupiter or Port Saint Lucie, Florida . Let me help you find your dream home in Jupiter Florida! 

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs
If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

Florida’s existing home, condo sales rise in June 2009

Florida’s existing home, condo sales rise in June 2009

Existing-home sales up again, says NAR
ORLANDO, Fla. – July 23, 2009 – Florida’s existing home sales rose in June – the 10th consecutive month that sales activity showed gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Statewide sales in June also increased over the previous month’s sales level in both the existing home and existing condominium markets. And, for the second month in a row, the statewide median sales price for existing homes was higher than the previous month’s statewide median.

Please contact me for an up to date list of  condos for sale on the Treasure Coast.

Read More below

Existing home sales rose 28 percent last month with a total of 15,850 homes sold statewide compared to 12,339 homes sold in June 2008, according to FAR. Statewide existing home sales in June increased 13.8 percent over May’s statewide activity.

Florida Realtors also reported a 39 percent rise in statewide sales of existing condos in June; existing condo sales last month rose 8.3 percent over the total units sold in May.

Sixteen of Florida’s metropolitan statistical areas (MSAs) reported increased existing-home sales in June and 14 MSAs also showed gains in condo sales. A majority of the state’s MSAs have reported increased sales for the past year (12 consecutive months).

Florida’s median sales price for existing homes last month was $148,000; a year ago, it was $205,300 for a 28 percent decrease. However, the statewide existing home median price in June increased 2.49 percent over May’s median price; it also was higher than the statewide median price reported each month since the start of 2009. According to housing industry analysts with the National Association of Realtors® (NAR), sales of foreclosures and other distressed properties continue to downwardly distort the median price because they generally sell at a discount relative to traditional homes. The median is the midpoint; half the homes sold for more, half for less.

The national median sales price for existing single-family homes in May 2009 was $172,900, down 16.1 percent from a year earlier, according to NAR. In Massachusetts, the statewide median resales price was $284,000 in May; in California, it was $267,570; in Maryland, it was $265,724; and in New York, it was $189,000.

NAR’s latest housing industry outlook notes the $8,000 tax credit for first-time homebuyers is boosting the sector. “Strong activity by entry level buyers is helping to absorb inventory and allow some existing owners to make a trade,” said NAR Chief Economist Lawrence Yun. “However, the increase in sales is less than expected because poor appraisals are stalling transactions. The big question is how much the appraisal issue will impact the ability of contracts to go to closing.”

In Florida’s year-to-year comparison for condos, 5,241 units sold statewide compared to 3,771 units in June 2008 for a 39 percent increase. The statewide existing condo median sales price last month was $112,900; in June 2008 it was $180,400 for a 37 percent decrease. The national median existing condo price was $173,800 in May 2009, according to NAR.

Interest rates for a 30-year fixed-rate mortgage averaged 5.42 percent last month, down significantly from the average rate of 6.32 percent in June 2008, according to Freddie Mac. FAR’s sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.

Among the state’s smaller markets, the Punta Gorda MSA reported a total of 216 homes sold in June compared to 196 homes a year ago for a 10 percent increase. The existing home median sales price was $145,600; a year ago, it was $141,000 for a 3 percent increase. The market’s existing condo median price last month was $140,000; a year earlier, it was $160,000 for a 13 percent decrease

 I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in The PGA Village Port St Lucie

Serving  Stuart, Sewall’s Point, Jensen Beach, Palm City, Hobe Sound, Hutchinson Island or Port Saint Lucie, Florida Let me help you find your dream home in South Florida! 

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs

If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

 

 

Three Bedroom Townhome $115,000

Beautiful Lennar townhome in fabulous Newport Isles boasts many amenities including granite counter tops,smooth cook top stove,large kitchen cabinets, 2 sets of sliders leading to patio with tranquil lake view. Upstairs features wonderful loft,large master/master bath & walk in closet, spacious 2nd and 3rd bedrooms. Whether you’re looking for a terrific home for yourself or a great investment opportunity, this town home is IT! Close to major highways, shopping, new Port St. Lucie Civic Center etc. No commercial vehicles permitted unless parked in garage. Pet restriction: No pitbulls/pitbull mixes. HOA Fees $205 per month.

 

US Dollars    $115,000                   Sterling £70,000

 Currency Converter

Living Rm: 16 x 12 Den: Master BR: 19 x 13 Liv SqFt: 2,198 BR: 3 Kitchen: 15 x 10 Family Rm: Bedroom 2: 11 x 11 Tot SqFt: 2,800 FB: 2 Dining Rm: 12 x 11Bedroom 3: 11 x 11 G HB: 1 Dining Ar: Patio/Balc: 9 x 9 Design: TOWNHOUSE, View: LAKE Const: CBS WtrFrt: LAKE Unt Desc: Secur: SEC SYST/OWN, GATE-MANNED, GATE-UNMAN Roof: Barrel Mmbrsh: Floors: Ceramic Tile, CARPET Cool: CENTRAL, ELECTRIC, CEILING FAN Frnsh: Unfurnished Heat: CENTRAL, ELECTRIC Dining: Eat In Kitch, FORMAL, BREAK AREA Utilities: 3-PHASE ELEC, PUBLIC WATER, PUBLIC SEWER Gst Hse: Boat Service: MBR/MBath: Sepshower, SEPBATH, DUAL SINKS Spec Info: SOLD AS-IS Rooms: Loft, FAMILY, UTIL-LNDRY Restrictions: PET RESTR, NO TRUCK -RV Window/Trmts: Sliding, BLINDS FeeIncl: COMMON AREA, MAINT-EXTR, LAWN CARE Equip/Appl: Refrigerator, RANGE, DISHWASHER, MICROWAVE, WASHER, DRYER, ELEC WTR HTR, DISPOSAL, Smoke Detect Private Pool: Parking: Att Garage, DRIVEWAY, 2 + SPACES, DECOR DRIVE Lot Desc: MH Features: Subdv Info:  Large Pool, TENNIS, BIKE – JOG, CLUBHOUSE, BASKETBALL, EXER ROOM, PICNIC AREA, SIDEWALK Interior: Cat/Vau Ceil, SPLIT BEDRMS, ROMAN TUB, WLK IN CLOS, BLT IN SHEL, FOYER Exterior: Covrd Patio Yr Built: 2006/

 I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in The PGA Village Port St Lucie

Serving  Stuart, Sewall’s Point, Jensen Beach, Palm City, Hobe Sound, Hutchinson Island or Port Saint Lucie, Florida Let me help you find your dream home in South Florida! 

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs

If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you

 

Bidding wars break out on low-priced homes

Bidding wars break out on low-priced homes

 Fla. – July 21, 2009 – Bidding wars are returning to South Florida’s housing market, as investors and first-time buyers compete for homes and condominiums listed at $200,000 or less.

The race for properties is reminiscent of the boom years from 2000 to 2005, when multiple offers on all types of dwellings helped push prices to record highs.

Back then, a dearth of properties for sale had buyers rushing to scoop up anything they could find, for fear that prices would keep rising. Now, frustrated with a bloated inventory of foreclosed homes in disrepair, buyers go to great lengths when they spot a house or condo in pristine condition.

“When they find a good listing, people are pouncing,” said Terry Story, a real estate agent for Coldwell Banker in Broward and Palm Beach counties.

Agents say the heated competition has been building in recent months, a result of low mortgage rates and the $8,000 tax credit for first-time buyers that expires Nov. 30.

Steady sales increases during the past year gradually have worked off the inventory of available homes. Real estate agents are convinced that the overall market has hit bottom or is close to one.

Banks  say they’re overwhelmed with foreclosures and try to market them for sale as quickly as possible.

“The longer we hold them, the more money it costs us,” said Nancy Norris, a spokeswoman for banking giant Chase.

The bidding wars in South Florida are giving sellers more leverage after three years of buyers calling the shots.

Investor Greg Bales bought a three-bedroom home in Lauderdale Lakes three months ago for $65,000 – $1,900 less than what it sold for in 1985.

Bales, 41, beefed up the curb appeal with a new paint job, trees and other landscaping. Inside, he installed laminate floors, granite countertops, new kitchen appliances and an alarm system.

He put the home back on the market July 10 for $139,900 and fielded 10 offers, three for more than the asking price.

He selected a bid from a first-time buyer for $145,000, and the deal is expected to be complete next month.

“We would have had a bunch more offers, but my real estate agent told the people it really wasn’t worth their time if they weren’t submitting a full-price offer,” Bales said.

Eric Cormier of Philadelphia is searching for a small home for his sister-in-law in Delray Beach. He offered $120,000 cash for a house listed for $152,000, only to be out-bid by a few thousand dollars.

Another home he considered received four offers in one day.

“I was surprised,” said Cormier, 47. “I thought there was a fire sale going on in Florida.”

In some cases, first-time buyers are losing homes because sellers prefer dealing with cash investors who don’t have to fiddle with financing.

Meanwhile, some real estate agents are creating “drama pricing” – listing properties for far less than the market value to attract bidders and drive up the eventual selling price.

“It’s like ‘Ta-da’,” said Douglas Rill, an agent for Century 21 America’s Choice in West Palm Beach. “It creates so much of a buzz that it results in a bidding war.”

Drama pricing typically happens with short sales. Those homes aren’t as much in demand because buyers know that it can take months for the deals to close. In a short sale, a lender accepts less than what’s owed on the mortgage and forgives the remaining debt.

Tony Thomas, 44, is looking for a home in the $200,000 range in central Palm Beach County. He made three offers, only to be told each time that another buyer out-bid him.

His agent, Liz Golub, told him to “run like a bunny” to make strong offers as soon as properties come on the market. The strategy paid off recently when the owner of a home near Lantana accepted his offer. But because it’s a short sale, the bank must approve the deal, and that could take months.

“It’s frustrating,” Thomas said. “I have not seen the benefits of this buyer’s market right now.”

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs

I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in Stuart Florida

Let me help you find your dream home in South Florida! 

If you are looking for the right move abroad South Florida is the place to invest.

Ken@yourfraction.net

305-320-6744

PGA Village at a Bargain Price!

Short Sale – Great opportunity to get into PGA Village at a Bargain Price! Luxurious Custom Estate Home on 1/2 acre Corner Lot in Plantation Lakes. 4Bed 3bath 2car garage,ceramic tiles,neutral colors, crown moldings, granite,fireplace   

Lands End Chase PGA Village $375,000 Pre Foreclosure

 Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Martin County and Port St. Lucie, FL Real Estate Needs

If this is not the type of home you are looking for. I would be happy to act as your agent to help find you the right home. Please call or email me and I will start searching for you 

Living Rm: 18 x 20 Den: 0 x 0 Master BR: 16 x 23 Liv SqFt: 3,051 BR: 4 Kitchen: 14 x 16 Family Rm: 17 x 21 Bedroom 2: 12 x 14 Tot SqFt: 4,420 FB: 3 Dining Rm: 13 x 13 Florida Rm: 0 x 0 Bedroom 3: 12 x 14 Guest Hse: 0 HB: 0 Dining Ar: 10 x 17 Patio/Balc: 36 x 12 Bedroom 4: 16 x 13 Yr Built: 1998/ Utility: 14 x 9 Porch: 10 x 6 Bedroom 5: 0 x 0 Pool Size: 0 x 0 Pets: R

Design: CONTEMPORARY, View: GARDEN Const: CBS WtrFrt: NONE Unt Desc: Corner Secur: BURG ALARM, SEC SYST/OWN, GATE-MANNED Roof: S-Tile Mmbrsh: GOLF EQ AVL, OTH MEMB AVL, TEN MEM AVL Floors: Ceramic Tile Cool: CENTRAL, CEILING FAN Frnsh: Unfurnished Heat: CENTRAL, ZONED Dining: Formal, EAT IN KITCH, BREAK AREA Utilities: PUBLIC WATER, SEPTIC Gst Hse: Boat Service: MBR/MBath: Sepshower, SEPBATH, WHIRL SPA Spec Info: Rooms: Family, ATTIC, CABANA BATH Restrictions: NONE Window/Trmts: Sliding, BLINDS FeeIncl: COMMON AREA, SECURITY, CABLE Equip/Appl: Washer, DRYER, REFRIGERATOR, RANGE, DISHWASHER, DISPOSAL, MICROWAVE, WALL OVEN, Gas Wtr Htr, Smoke Detect, Auto Gar Dr, Cntrl Vac Private Pool: Parking: Att Carport Lot Desc: 1/2 – LT 1 A MH Features: Slab Subdv Info: Pool, GOLF COURSE, TENNIS, BIKE – JOG, CLUBHOUSE, PUTT GREEN Interior: Vol Ceil, SPLIT BEDRMS, ROMAN TUB, WLK IN CLOS, BLT IN SHEL, COOK ISLAND, PANTRY, FOYER Exterior: Covrd Patio, SCRND PATIO, ZONED SPRINK, OUTDR SHOWER

Google Maps   Important Phone Numbers

I  have been involved in the property and building industry for 30 years. My experience together with my personal knowledge of the market in Florida is an extremely valuable asset to have working for you in your search for a Florida vacation home or investment property.I would be happy to act as your Realtor in The PGA Village Port St Lucie

Serving  Stuart, Sewall’s Point, Jensen Beach, Palm City, Hobe Sound, Hutchinson Island or Port Saint Lucie, Florida Let me help you find your dream home in South Florida! 

If you are looking for the right move abroad South Florida is the place to invest.

Ken@yourfraction.net

305-320-6744

Next Page »