Florida’s consumer confidence rises as economic fears ease

Florida’s consumer confidence rises as economic fears ease

More good news for Realtors in Port St Lucie

GAINESVILLE, Fla. – Sept. 30, 2009 – Belief that a national economic recovery is under way boosted Florida’s consumer confidence three points to 74 in September, according to a new University of Florida survey.

“I think Florida consumers are buying into the argument that the worst of the recession is over and we have avoided a complete meltdown,” says Chris McCarty, survey director of UF’s Bureau of Economic and Business Research. “Once again, they have surprised us with a higher-than-expected index.”

This month’s three-point rise follows a four-point revised increase in August. Of the five components that make up September’s index, three rose, one declined and one was unchanged. Perceptions of personal finances now compared with a year ago remained unchanged at 44, only five points above its all-time low of 39 in December. Expectations about personal finances a year from now fell three points to 81.

In contrast, perceptions of U.S. economic conditions over the next year rose three points to 75, while expectations about economic conditions over the next five years rose five points to 86. Perceptions of whether it is a good time to buy big-ticket items, such as appliances and cars, rose nine points to 84.

“It is worth noting that the two index components that gauge perceptions of personal finances both now and in the future are flat or down,” McCarty says. “All of the increase is in perceptions of future economic conditions, and in the perception that if you have the money, it’s a good time to buy.”

There are some signs that the economy is improving, he says.

Once again, the median price of a single-family home is virtually flat compared with the previous month, and up for the year, suggesting that housing prices in many areas of Florida have bottomed out, McCarty says. Although foreclosures are still high, the rate seems to be declining.

In other good news, inflation and, in particular, gas prices remain low overall compared with a year ago, McCarty says. In the past few years, gas prices have dominated the consumer confidence index. In addition, the stock market is still up for the year and at least for now appears stable.

“On the negative side, unemployment remains at 10.7 percent for Florida,” McCarty says. “This number is not expected to improve much until next year, and it could still get worse. Florida lost population this past year and could do so again as the underlying problems that prevent people from moving are still in place.”

Tourisms both domestically and internationally also are down as consumers trim discretionary spending, McCarty said. Programs such as Cash for Clunkers at least temporarily lifted retail sales, but sales tax revenues in Florida have dropped 10 percent from a year ago.

“In the near term, we expect consumer confidence to decline at least a point or two as the holiday season nears and stimulus programs like Cash for Clunkers and rebates for first-time home buyers expire,” he says. “The discussion about health care reform will be at center stage this fall, and may affect confidence if the plans involve increased payments from the middle class.”

Also of economic concern is that, at some point, extended unemployment benefits will run out, putting more pressure on the unemployed. In the long term, consumers need to be prepared for the inevitable drawing back of stimulus money from the economy, McCarty says.

The U.S. government effectively printed money to avoid a depression, and at some point most of the money will have to be withdrawn from the economy to avoid inflation and a very weak dollar, McCarty says. When that happens, interest rates will rise dramatically.

“We also have to think about how the Florida economy will adjust moving forward,” he says. “It is likely that discussions about off-shore drilling will receive much more attention as Florida looks for industries to replace those dependent on population growth.” More good news for Realtors in Port St Lucie

The research center conducts the Florida Consumer Attitude Survey monthly. Respondents are 18 or older and live in households telephoned randomly. The preliminary index for September was conducted from 412 responses. The index is benchmarked to 1966, so a value of 100 represents the same level of confidence for that year.

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 luxury golf  home on the Treasure Coast

Jensen Beach  Stuart  Palm City  Eagle Marsh Golf Club  Europe  City Place Vacation Rental The PGA Village Port St Lucie  Hammock Creek Golf Club Harbor Ridge Golf Club Stuart Yacht and Country Club

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Realtors in Port St Lucie

Willoughby the premier golf club community in south Florida

Something’s special about Willoughby. People feel comfortable as soon as they drive into this gated south Florida community. Maybe it’s the Arthur Hills championship golf course, both playable and challenging for golfers at all skill levels. Or, the five Har-Tru tennis courts, the lap-lane swimming pool, the fitness center, the bridge games, the Trivia Nights and the other invigorating activities members engage in. Maybe it’s the 25,000 square foot clubhouse that’s impressive but not pretentious. Or, the intimate feeling of 375 single family homes on 403 acres. Maybe it’s the location, just minutes from stores, banks, restaurants, beaches and the “old Florida” style town of Stuart and only 40 minutes from Palm Beach. Most of all, it’s the warm and friendly members who care as much about each other as they do about their golf game. Residents eagerly greet one another. Neighbors help neighbors. Golf games are easy to come by. New members fit in quickly. Before you know it, you feel right at home. That’s special.

Why Choose Willoughby?

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 Opened in 1989, Willoughby has grown to be a premier golf club community in south Florida offering distinctive advantages to its members.

A member-owned community situated on a picturesque blend of lush nature preserves and beautifully landscaped properties

A superbly conditioned Arthur Hills’ golf course that has hosted regional U.S. Open qualifiers, yet is enjoyed by golfers at all levels

A limit of 300 golf equity members to ensure a satisfactory pace of play

Five lighted HarTru tennis courts, a fitness center and a lap-lane swimming pool for members, their children and grandchildren

All single family homes in a variety of luxurious styles and sizes

A majestic clubhouse with a wide choice of dining facilities for everything from a casual bite to a formal ball

A cohesive community of energetic and intellectually curious members who actively participate in a full calendar of weekly, monthly and annual events

A location half way between Palm Beach and Vero Beach, fifteen minutes from Jupiter and only a mile or two from retail outlets, libraries and hospitals

Willoughby is a club inside a community inside a town. One visit and you’ll feel the warm and friendly environment that makes Willoughby a special place.

 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 luxury Florida vacation home or investment property.I would be happy to act as your Luxury Home Realtor finding you an ideal home  in 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 luxury golf  premier golf club community 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 Jensen Beach realtor and Port St. Lucie realtor, FL Real Estate Needs. Please read my comments page with remarks written by a few of my many happy customers. Now is the perfect time to buy your investment or vacation home on the Treasure Coast it could be the best investment you will make in your lifetime. Willoughby the premier golf club community in south Florida

Jensen Beach  Stuart  Palm City  Eagle Marsh Golf Club  Europe  City Place Vacation Rental The PGA Village Port St Lucie  Hammock Creek Golf Club Harbor Ridge Golf Club

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 luxury golf  home on the Treasure Coast

Jensen Beach  Stuart  Palm City  Eagle Marsh Golf Club  Europe  City Place Vacation Rental The PGA Village Port St Lucie  Hammock Creek Golf Club Harbor Ridge Golf Club Stuart Yacht and Country Club

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premier golf club community in south Florida

The Yacht & Country Club Stuart Florida

Welcome to The Yacht & Country Club, located in Martin County on the Eastern shore of South Florida, 30 miles north of Palm Beach. A marvelous  Martin County residential, golfing and yachting community with direct ocean access.

The Yacht & Country Club maintains a total of 300 equity members and approximately 115 social members. Our members are engaging, successful people representing many professions and skills. They come from various U.S. States, Canada, and Europe with one common goal . . . an interesting and stimulating way of life.

The Clubhouse

The Clubhouse is YCC’s center of activity offering elegant dining, a casual grill, and banquet and conference facilities.

The Community

The Yacht & Country Club is a gated community featuring a variety of architectural styles in homes and a true feeling of neighborhood. A marvelous  Martin County residential, golfing and yachting community

Security

The Yacht & Country Club is a gated community with 24-hour security. All guards are licensed by the State of Florida and trained for the security and comfort of the residents of a gated community as well as in emergency procedures.

Guards control access to the community by logging each non-residnet vehicle that enters The Yacht & Country Club by its license number.

The Difference

The difference is felt the minute you drive through the gate and into the serenity that is The Yacht & Country Club. Whether golfing, fishing in the canal, playing tennis, bicycling, jogging, or simply watching the world go by, The Yacht & Country Club is the destination for you.

The Championship 18-Hole golf course is situated in a natural Florida setting with fairways and greens built and maintained to USGA standards.

Each hole is defined by trees along the fairway and around the greens in a traditional layout. Our location on mile-long Crooked Creek affords excellent drainage making the course playable throughout the year. A complete refurbishing of the greens, tees, and bunkers during the summer of 2006 brings our golf course to a new level of excellence. A marvelous  Martin County residential, golfing and yachting community

Our professional, personable staff is available for individual lessons and group clinics and, of course, tends a well-stocked Pro Shop with the golfer in mind.

Offering men’s, women’s, and mixed events throughout the year, YCC has excellent practice facilities including two driving ranges plus putting and chipping greens.

The Yacht & Country Club is an Audubon cooperative sanctuary encouraging native wildlife as well as migratory birds.

The course is challenging to the accomplished player, yet beginner friendly!

Amenities: Tennis

The Yacht & Country Club tennis facilities are located at the Hub Club away from the main clubhouse.

Six Har-tru courts and one practice court are maintained to the highest standards, offering convenience to our tennis playing members. The tennis program is directed by our resident professional, offering men’s, ladies’, and mixed events, inter-club league activity, and private and group lessons.

The addition of lights to two of our courts in 2006 highlights the dedication The Yacht & Country Club has for our tennis playing members.

Amenities: Croquet

Croquet, the “fastest growing sport in America!”, has grown among YCC members and includes people of all ages. The addition of a second court in 2004 has ranked The Yacht & Country Club among the top croquet associations on the Treasure Coast.

Our two croquet lawns are adjacent to the Hub Club as are the tennis courts and fitness center.

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 luxury Florida vacation home or investment property.I would be happy to act as your Luxury Home Realtor finding you an ideal home  in The Yacht and Country Club Stuart

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 luxury golf  home on the Treasure Coast

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Jensen Beach realtor and Port St. Lucie realtor, FL Real Estate Needs. Please read my comments page with remarks written by a few of my many happy customers. Now is the perfect time to buy your investment or vacation home on the Treasure Coast it could be the best investment you will make in your lifetime.

Jensen Beach  Stuart  Palm City  Eagle Marsh Golf Club  Europe  City Place Vacation Rental The PGA Village Port St Lucie  Hammock Creek Golf Club Harbor Ridge Golf Club

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 luxury golf  home on the Treasure Coast

Jensen Beach  Stuart  Palm City  Eagle Marsh Golf Club  Europe  City Place Vacation Rental The PGA Village Port St Lucie  Hammock Creek Golf Club Harbor Ridge Golf Club Stuart Yacht and Country Club

Harbour Ridge on Florida’s Treasure Coast

One of Florida’s First Great Private Waterfront Golf Communities on Florida’s Treasure Coast is Still One of the Best…….And It Keeps Getting Better.

Harbour Ridge, on Florida’s Treasure Coast, is situated on the North Fork of the St. Lucie River, with two miles of pristine deep-water riverfront and glorious mile-wide views. The 885-acre gated community, tucked into a beautifully wooded peninsula, is a privileged residential enclave of only 695 residences that redefines privacy and understated elegance. Harbour Ridge is as close as one can get to living in a nature preserve.

The brand new, elegant 45,000 square-foot clubhouse is the focal point of the community and the hub of all social activity. Situated on one of the most dramatic points of the river, the clubhouse is dazzling with panoramic windows offering a sweeping view of the mile-wide St. Lucie River.

The two golf courses, the Golden Marsh designed by Joe Lee and the River Ridge designed by Pete and P.B. Dye, will provide an interesting and challenging test of your abilities…whether you have a 2 or a 35 handicap.

Club membership includes everything needed for Harbour Ridge residents to stay fit and pampered, amenities include a Swim, Tennis and Fitness Center as well as many active clubs within the club. The Club boasts 24-hour security, landscaping, and housekeeping services, and “Puppy Play”, a dedicated park-like atmosphere for our canine friends.

Harbour Ridge has been honored to receive the Outstanding Florida Community Award from the Florida Audubon Society, and both golf courses have achieved designation as “Certified Audubon Cooperative Sanctuaries”. One of Florida’s First Great Private Waterfront Golf Communities on Florida’s Treasure Coast

Members may come for the magnificent setting and luxurious amenities, but they stay for the warmth and ease of the community…Harbour Ridge, a great place to call home, located in the “heart of everything”.

 

Harbor Ridge Golf Course Community is the result of a long-term vision and years of research by Harborcreek resident, John Schaefer. John is a highly respected builder and developer with more than 30 years of experience.

Before embarking on this project, John visited a number of golf communities throughout the Southern United States. He researched every detail and amenity, from the size of the lots, to the ratio of green space to golf course, to the square footage of living space for each type of home in the community. He believed there was a market in Northwestern Pennsylvania for people who enjoyed an independent living environment within the confines of an amenity-laden resort-like setting.

Working closely with John on the Harbor Ridge project is his wife Sherri Heasley. As the owner of Pro Realty, Inc., Erie’s largest independent, locally owned real estate company, Sherri and her team of professionals will be actively involved with the management of the community, assisting residents with the sale of their property, helping with moving arrangements, managing rental properties, as well as resident and guest services.

John Schaefer’s development company, Woodberry Development, Inc. is the developer of Harbor Ridge and John W. Schaefer Builders, Inc. is the exclusive builder of all town homes and patio homes in the community.

Harbor Ridge Frequently Asked Questions

What is a patio Home?

A patio home is a detached, free standing home which is part of a condominium association.

What is a Villa?

A Villa is a unit within a building which is attached to other units and is part of a condominium association.

Do you own the land?

You own a percentage of ownership in all of the “common elements”, which includes the pad for your condominium.

Are there monthly association dues?

Yes, there are monthly dues which range from $95 to $124.

What is included in the monthly dues?

The monthly dues include lawncare, snowplowing, insurance on common areas, reserve for replacement of exterior components.

Do the fees include a membership in the golf course?

No, the golf course is a public course. Any membership to the public course would be paid separately.

When will the front nine holes of the course be completed?

The front nine is completed and ready for play.

When will the clubhouse be completed?

The clubhouse is now open.

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 luxury Florida vacation home or investment property.I would be happy to act as your Luxury Home Realtor finding you an ideal home with a foreclosure home in The PGA Village Port St Lucie.  One of Florida’s First Great Private Waterfront Golf Communities on Florida’s Treasure Coast

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 luxury golf  home in Harbor Ridge Golf Club

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Jensen Beach realtor and Port St. Lucie realtor, FL Real Estate Needs. Please read my comments page with remarks written by a few of my many happy customers. Now is the perfect time to buy your investment or vacation home on the Treasure Coast it could be the best investment you will make in your lifetime.

Hammock Creek Golf Club

Welcome to Hammock Creek Golf Club Hammock Creek Golf Club is located in Palm City, Florida, at 2400 Golden Bear Way, Palm City, Florida 34990 We can be reached at: (772) 220-2599

Opened in 1996, The Hammock Creek Golf Club is the first golf course in Florida co-designed by Jack Nicklaus and his son, Jack Nicklaus II.

It is currently the home course of The Golden Bear Golf Tour.

All levels of golfers can play and enjoy this course. Our par 72 course, plays 7,107 yards from the black tees.

Our Carts feature Par View, the computerized digital cart display showing accurate course yardage and layout based on Global Positioning Satellite Systems. We have an on-site full service golf shop featuring the latest merchandise to satisfy all your golfing needs.

A full service restaurant, bar, and grill are also on site. And should you desire, we have accommodations for up to 80 people for meetings.We are also featured on SouthFloridaGolfVacations.comDesigned by golfing legend Jack Nicklaus and son Jack Nicklaus II, at the Hammock Creek Golf Club, you’ll be the member of something truly special.Membership Information Collection. Hammock Creek Golf Club Hammock Creek Golf Club is located in Palm City, Florida

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 luxury Florida vacation home or investment property.I would be happy to act as your Luxury Home Realtor finding you an ideal home with a foreclosure home in The PGA Village Port St Lucie

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 luxury golf  home in Hammock Creek

Ken@yourfraction.net

305-320-6744

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Jensen Beach realtor and Port St. Lucie realtor, FL Real Estate Needs. Please read my comments page with remarks written by a few of my many happy customers. Now is the perfect time to buy your investment or vacation home in Hammock Creek Golf Club it could be the best investment you will make in your lifetime. Hammock Creek Golf Club Hammock Creek Golf Club is located in Palm City, Florida

PGA Village Just Ranked #51 in Golf Digest

PGA Village Port St Lucie

Owned and operated by The PGA of America, and ranked No. 30 in GolfWorld’s inaugural “Reader’s Choice Awards Top 50 Public Golf Courses,” as well as among the “75 Best Golf Resorts in North America” by Golf Digest, PGA Village in Port St. Lucie, Fla., serves as your Ultimate Golf Destination. PGA Village features the PGA Golf Club, with 54 holes of Championship golf by Tom Fazio and Pete Dye, PGA Center for Golf Learning and Performance golf instruction, practice, technology and fitness park and the PGA Historical Center museum. Open to the Public Year-Round PGA Village Port St Lucie- An Award-Winning Golf Experience Designed by legendary architects Tom Fazio and Pete Dye, the PGA Golf Club presents you with three Championship courses, each having earned Audubon International Signature Status for environmental preservation.

Ranked among the “Top 100 Golf Ranges” by Golf Range Magazine each year since the world-renowned facility made its debut, the magnificent PGA Center for Golf Learning and Performance is a 35-acre golf instruction and practice haven that serves as the ultimate golf learning practice, fitness and technology experience.

Our all-inclusive golf school packages utilize the game’s most up-to-date teaching methods from top PGA Professionals, as well as the latest state-of-the-art technology. PGA of America Golf Schools programs feature instruction on all aspects of game improvement, including full swing, short-game, course management, physical conditioning and mental approach for beginners, experts and everyone in between.

At the innovative 35-acre PGA Center for Golf Learning and Performance golf practice and instruction park, you can discover a better game through top PGA Professionals – the recognized experts in the game and business of golf – at a one-of-a-kind facility that enables you to focus on each aspect of your game.

More than 100 Full-Swing Practice Stations 9 Bunkers that Simulate Play from around the World Pitching and chipping practice areas  7,000-Square-Foot USGA Putting Greens 3-hole Teaching Course The PGA Center for Golf Learning and Performance also features: PGA of America Golf Schools Private Instruction and Group Clinics Youth golf clinics and golf schools Golf Fitness evaluation for maximum performance World-Class Technology for Swing Analysis, Club Fitting and Game Improvement

 Register now for PGA Professional Instruction, PGA Center for Golf Learning and Performance Golf Clinics and the PGA of America Golf Schools by calling 800-800-GOLF (4653) Ext. 3 or e-mail jbirkhimer@pgahq.com.

Area Recreation

Live in a vacation paradise. Welcome to Nature’s Theme Park, St. Lucie County on Florida’s famous Treasure Coast. With 21-miles of award-winning white sand beaches, world-class golf facilities including the PGA of America’s 4 courses and PGA Learning Center and the tropical breezes, every day will feel like a vacation – without leaving in your own back yard.

Water sports and Fishing

Plunge into the famous Treasure Coast beaches just minutes away. Snorkle the rare coral reefs and you can walk out to snorkel the shipwrecks in an underwater paradise. Boat the abundance of waterways, catching both fresh and salt water fish.

Some of the best inshore and offshore Florida fishing is found right here. You can easily deep sea fish in the world famous Gulf Stream a few miles off shore. This area is commonly called “the billfish capital of the world”, but king mackerel, mahi-mahi, snapper, grouper, sea bass and cobia also swim here.

Catch yourself a Florida lobster during the season in St. Lucie – one of the state’s most thriving breeding grounds —which lasts from August 6 through March 31. If you prefer a more peacefully paced Atlantic angling experience, surf fishing along our beautiful coastline offers great fun. And you won’t want to overlook pier fishing at South Jetty Park, where you can cast your cares away on the longest fishing jetty in Florida.

Fishing opportunities also abound further inland for those with an inshore inclination. You can find redfish, channel bass, snook, trout and more in the backwaters of the St. Lucie River, or hook huge bass in the chain of lakes found in the Savannas region of the county.

Nature

Stroll the beach at night and see a rare 300-lb sea turtle laying eggs in our protective sands. Hear a Manatee sing at the Manatee Observation Center in Ft. Pierce. Visit wildlife in their natural habitat in the Savannas. This beautiful part of Florida’s Treasure Coast is called Nature’s Theme Park ™ for a reason.

Sports

Join the frenzy and excitement of spring training baseball, played just a mile from Vizcaya Falls at Tradition Field! Or visit any one of the 10 teams that play in South Florida. If you are a sports fan, you’ll have a chance to do it all in St. Lucie!

PGA Village & Golf

PGA Golf Club, the first PGA-owned-and-operated public golf facility, boasts award-winning courses designed by two of the finest course designers in the world, Tom Fazio and Pete Dye. Nationally rated, PGA Golf Club features three 18-hole courses and the first PGA Learning Center.

The PGA Learning Center,The PGA Village Port St Lucie which opened in 2000, is a 35-acre state-of-the-art facility which features practice areas for every type of golf shot. There are putting greens and courses, chipping areas, a variety of bunker styles and more than 100 practice stations, providing visitors the opportunity to learn the game under the guidance of PGA Professionals.

Shopping & Culture

Tour a mansion in Palm Beach, just 45 minutes away! Shop the enormous Vero Beach outlets or Palm Beach’s famous Worth Avenue. Indulge in the finest cuisine at one of our nearby restaurants. Enjoy antique shopping in historic Fort Pierce. Catch a concert at the legendary Lyric Theatre in Stuart, or Vero’s Riverside.

Dear Buyer

I specialize in working with serious buyers. My expertise and knowledge allows me deliver top value in an investment property or new home, advice on finance and a timely closing for my buyers. If you want a professional Realtor working for you please call me.

Ken Duncan Realtor

Google Maps   Important Contact Links   Testimonials and Comments Page

Please contact Ken

By phone: 305-320-6744

By Email: kenduncanrealtor@gmail.com

Serving all of Martin County and Port Saint Lucie, Choose Ken Duncan Realtor for all Your Jensen Beach realtor and Port St. Lucie realtor, FL Real Estate Needs. Please read my comments page with remarks written by a few of my many happy customers. Now is the perfect time to buy your investment or vacation home on the Treasure Coast it could be the best investment you will make in your lifetime.

Florida’s existing home, condo sales up in August 2009

Florida’s existing home, condo sales up in August 2009

Your Realtor on the Treasure Coast

Related story

Existing-home sales ease following 4 monthly gains, says NAR

ORLANDO, Fla. – Sept. 24, 2009 – Florida’s existing home sales rose in August – marking a full calendar year (12 months) that sales activity increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.

Existing home sales rose 28 percent last month with a total of 13,850 homes sold statewide compared to 10,813 homes sold in August 2008, according to Florida Realtors. The state association also reported a 45 percent increase in last month’s statewide sales of existing condos compared to the previous year’s sales figure.

Sixteen of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales in August; 18 MSAs also showed gains in condo sales. A majority of the state’s MSAs have reported increased sales for 14 consecutive months.

“For a year now, statewide sales of existing single-family homes in Florida have increased each month compared to the year-ago figures,” says 2009 Florida Realtors® President Cynthia Shelton, CCIM, CRE, a broker and director of investment sales with Colliers Arnold in Orlando. (CCIM stands for Certified Commercial Investment Member and CRE is the Counselor of Real Estate designation). “This is encouraging news, and while it shows the beginnings of recovery, the housing market still needs time to continue its gradual absorption of housing inventory that will help stabilize home prices. That is why it is critical for Congress to extend the first-time homebuyer tax credit into 2010. And, because it’s now taking longer to finalize a home sale, first-time buyers who want to take advantage of the $8,000 federal tax credit need to act quickly, or they may miss the closing deadline of Nov. 30, 2009.”

Florida’s median sales price for existing homes last month was $147,400; a year ago, it was $188,500 for a 22 percent decrease. Housing industry analysts with the National Association of Realtors® (NAR) note that 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 July 2009 was $178,300, down 14.6 percent from a year earlier, according to NAR. In Massachusetts, the statewide median resales price was $310,000 in July; in California, it was $285,480; in Maryland, it was $273,769; and in New York, it was $205,000. Your Realtor on the Treasure Coast

Signs point toward continued positive momentum in the housing sector, according to NAR’s latest industry outlook. NAR Chief Economist Lawrence Yun predicts existing home sales will rise through the fourth quarter. “Unless the tax credit is extended, no one should be surprised to see home sales drop in the first quarter of next year,” he said. “However, the fundamentals of the housing market and the economy are trending up, and we expect home sales to generally pick up in the second quarter of 2010. The buyer psychology may be shifting from, ‘Why buy now when I can purchase later,’ to ‘I don’t want to miss out on a recovery.’”

In Florida’s year-to-year comparison for condos, 4,674 units sold statewide compared to 3,222 units in August 2008 for a 45 percent increase. The statewide existing condo median sales price last month was $107,500; in August 2008 it was $158,100 for a 32 percent decrease. The national median existing condo price was $178,800 in July 2009, according to NAR.

Interest rates for a 30-year fixed-rate mortgage averaged 5.19 percent last month, down significantly from the average rate of 6.48 percent in August 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 larger markets, the Daytona Beach MSA reported a total of 686 homes sold in August compared to 573 homes a year earlier for a 20 percent increase. The market’s existing home median sales price last month was $132,700; a year ago it was $164,200 for a 19 percent decrease. A total of 135 condos sold in the MSA in August, up 27 percent over the 106 units sold in August 2008. The existing condo median price last month remained level compared to a year ago at $184,300

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 luxury Florida vacation home or investment property.I would be happy to act as your Luxury Home Realtor finding you an ideal home with a foreclosure home in Port St Lucie

Your Realtor 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

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. Please read my comments page with remarks written by a few of my many happy customers. Now is the perfect time to buy your investment or vacation home on the Treasure Coast it could be the best investment you will make in your lifetime.

Real Estate Recovery Has Begun

UF economist: Real estate recovery has begun

I would be happy to act as your Luxury Home Realtor in Tesoro and The PGA Village Port St Lucie.

TALLAHASSEE, Fla. – Sept. 14, 2009 – Speaking to real estate executives on Friday, UF research economist David Denslow predicts even better times soon as the baby boomers retire.

The comments came during the University of Florida Center for Real Estate Studies’ annual Real Estate Trends and Strategies Conference. In addition to Realtors and property managers, attendees included bankers, investors and other industry professionals.

According to Denslow, the U.S. is headed for a rebound, in part, because other nations invested in relatively-secure U.S. treasuries. However, he also issued a warning: That won’t happen the next time unless the U.S. gets a handle on the national debt.

Denslow also pointed to retiring baby boomers as a salvation for the Sunshine State. He sees that number fueling state growth for the next 15 years, though many boomers must first recoup some of their wealth lost during the recession before they can sell homes and move south.

Denslow also posed a question: If an influx of baby boomers boost the real estate market that trickles down to other industries, will Florida once again put economic diversity on hold?

Most experts agree that Florida must expand its job base beyond real estate and tourism if it wants to avoid roller coaster changes in the economy, but growth and an appeal to retirees could hamper that growth. Denslow says that the amenities preferred by retirees – good restaurants, the arts, extensive airline service – also appeal to professionals. But retirees don’t generally support other functions necessary for a diversified economy, such as good schools or better roads.

“But (how we handle that type of growth) is in our own hands,” Denslow said. “All that’s subject to how you, the Legislature and others guide us.”

Many attendees shared information about growth in their community. In Jacksonville, two new shipping lines will add about 50,000 jobs. In Central Florida, a new medical school, two hospitals, the Burnham Institute and a University of Florida research facility will add high-paying jobs. In Southwest Florida, however, retirees will continue to create service jobs and remain the primary engine of growth.

In the meantime, attendees were encouraged to expand and diversify to focus on existing business opportunities until the full economic rebound arrives.

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 luxury Florida vacation home or investment property.I would be happy to act as your Luxury Home Realtor in Tesoro and The PGA Village Port St Lucie.

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

Ken@yourfraction.net

305-320-6744

I would be happy to act as your Luxury Home Realtor in Tesoro and The PGA Village Port St Lucie.

Customers Comments and Testimonials

Customer Comments

• Author: Andrea & Ximena  12/20/2009

 Dear Ken:
Our experience buying a home in Florida was outstanding thanks to you. We had the chance to meet you just in time to avoid buying the wrong one. Now we have a beautiful home, a great investment and hopefully a lifetime friendship. Thank you Ken, we will certainly refer to you all the friends that are willing to invest in Florida.
Andrea & Ximena
Palm City Florida

• Author : Jerry B.  January 5th 2010

Hey Dude

 Great job on the home deal. Eagle Marsh is perfect for us, we just joined the golf course hopefully we finally get to play that game. Jensen Beach is everything you said it would be. All the entertainment is right on our door step. Anyone needing a real estate agent this is the man.

 Jerry B

• Author : Meghan and Al October 27 2009

 Ken is the best and together we found exactly what we were looking for! We were referred to Ken from our friends Mike and Janet after their great experience. Shopping long distance for the perfect house was not easy but Ken had the patience and humor to make it all work. He was always available to show us whatever properties, wherever and whenever we wanted. He had a great understanding of what we wanted and wouldn’t stop until we found it. He was always quick to respond to questions and inquiries. Throughout the whole transaction, he did whatever it took to get it done! We love our new home! Thanks, Ken!!

• Author:  Jim on Wed, 7th Oct 2009 12:36 pm 

 

 

“Ken Duncan would probably be excellent at any job, but lucky for you if you’re looking for a house in Port St Lucie area, his job is to help you and he certainly helped me. He’s competent, warm and committed to the Port St Lucie community, where he seems to know the area well. Despite his success and numerous clients, I always felt as though I was the only one on his schedule. He was available evenings and weekends – whenever I wanted to look at a house, and after we made a successful offer, whenever I had a question about the process Ken was there.

Ken introduced us to the neighborhood I ultimately chose. He held our hands through the offer process and several complications that arose prior to closing. And he continues to be a source of contacts and advice as we settle into our house.

Thank you Ken you found the perfect house for my daughter and me.”

“Your dedication and skills are an inspiration.”

Jim and Brianna

• Author : Linda Ryan

Boston Mass.

To anyone buying property in the Port St. Lucie, Stuart, Jensen Beach and surrounding areas: Don’t waste your time with other realtors. Go to the best. KEN DUNCAN. After communicating with Ken for a few months, I (and a friend of mine)set a date to come from Mass to Florida to buy homes. We only had a few days to look and Ken surpassed all our expectations. Ken spent virtually four days and nights finding us both homes. This is not counting the time he spent prior to our arrival setting up appointments for us to see houses. Ken showed unfailing patiences and desire to find us the homes we now own. FYI: take his advise on mortgage companies, insurance and othe information. You can’t go wrong!

Linda Ryan

•  Author: Mr and Mrs Hurst

We called Ken from our home in Bavaria looking for an ocean front home near Stuart. Within a day we had a complete list of exactly what we were looking for. We have since recommended Ken to several of our friends here in Germany.

Mr and Mrs Hurst

• Author : Christian and Family

 
Nice France 9/1/2009
Ken Duncan Realtor

Regarding our new home purchase in Jensen Beach Florida
Ken was very professional and friendly. He will accomplish everything necessary for you to get the house you dreamed about. I would recommend him to anyone who needs a top realtor.

Christian

  

• Author: Renee and Huldrych Sauber

We contacted Ken Duncan realtor regarding an equestrian property in South Florida. As we are from Switzerland we figured this to be an extremly difficult transaction to complete. Though we have not yet proceded with the purchase Ken is still supplying us with properties and hopefully in the not to distant future we will go ahead with our purchase. Than you so much Ken for all your help and information on the area.

Renee and Huldrych Sauber

 

• Janet Haydon and Mike Gillis on Sat, 2nd May 2009 7:15 am

Ken, Thank you just isn’t enough. You helped us make the investment of a lifetime. We love our vacation/retirement condo in Port St. Lucie and will share our good fortune with family and friends. We have told many people from New England about how you helped us and will continue to sing your praises! Thank you seems so small…
Janet and Mike

 

• Author: G Ramsey

I recently bought a home in South Florida from Ken Duncan Realtor through the advice of Neil at Your Fraction. Ken is an extremely knowledgeable gentleman I cannot say enough good things about his expertness in the property field obviously he has been doing this for a long time.

Contact him at Ken Duncan Realtor
G Ramsey

  

• Author: Hamid and Linda

Ken

We had a great stay at your vacation rental in City Place.We were really unsure about staying there as there were quite a few cheaper condos available in other areas but everything you said was true.
Staying at City Place was like staying at a resort, everything we could have possibly wanted was right on our door step. To bad Disney could not build a park in the area and then a vacation rental in City Place would be heaven.
Thanks again
Hamid and Linda

• Author: Tom and Maria Kelley

My wife and I bought a home using Ken Duncan as our realtor last year. We cant thank him enough for all the work he did, we most definitely made the right move abroad buying in Jensen Beach Florida.

Tom and Maria Kelley
Glasgow Scotland/Jensen Beach Florida

• Author : Neil and Jane

Ken
Thank you.
The condo is great especially the ocean view. We are amazed at the number of ex pat Brits living in the Jensen Beach area.
Look forward to seeing you at the golf club.

Cheers
Neil and Jane

• Author: Tom and Jane Smith

Ken
Thank you so much for selling my home in Stuart.
The next step in our lives has begun in Maine, we thought we would never get our home sold but you did it. I have passed your details onto several of my colleges who may require the services of a very good Jensen Beach realtor in the near future. If you are ever in Maine you know you are more than welcome to visit us.

• Author : Sylvia and Chuck

 Ken
Thank you for finding us our new home in Florida. Hopefully we get down over the next few months to furnish it. Thanks again for passing on Brian’s number the insurance quote he gave us was almost half of the amount of first quote.
If anyone needs a realtor on the Treasure Coast we would highly recommend Ken Duncan as a realtor.
Thanks again.
Sylvia

•  Author:  Mark and TrudySubmitted on 2009/05/16 at 5:53am

We did it. We finally bought our vacation home in the PGA Village. What a great deal and no more leasing. We really appreciate your help Ken, the house is perfect.
Mark and Trudy

• Author: David and Ruth

Thanks for all the help with my purchase. I was very impressed with how simple you made everything. Tequesta is everything you said it would be. I hope all is well with you and thanks again.

Kerr

• John And Cathy Irvine on Mon, 20th Apr 2009 10:31 am

Dear Ken
Thank you for finding our new home in Port St Lucie. It was our first home purchase so we cant wait to move in. We also appreciate your advice on our finance problem. Greg got us our loan after a couple of days. We will recommend you to anyone we know who plans to buy.
Kind regards
John and Cathy
2/15/2009

• One Comment on “Beautiful waterfront Home in Jupiter” Brian Steward on Thu, 12th Mar 2009 12:09 pm

Hi Ken
Just a quick note to thank you for your efforts in finding us the Condo we wanted. Not only are we delighted with it, we are excited about the investment. You are right – it is a great time to buy.
Cheers
Brian and Lynda
Newcastle

• Author: Jimmy S

Ken

Thanks again for all your help and your patience. We dragged you through a lot of homes on our search.
We will recommend you to all our friends back home.

Jimmy S
Cornwall Ontario

 

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 Port St Lucie.

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

Pending Home Sales on a Record Roll

Pending home sales on a record roll 

WASHINGTON – Sept. 1, 2009 – Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors® (NAR).

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June. It’s also 12.0 percent higher than July 2008 when it was at 87.1. The index is at its highest level since June 2007.

Lawrence Yun, NAR chief economist, says housing market momentum has clearly turned for the better. “The recovery is broad-based across many parts of the country. Housing affordability has been at record highs this year with the added stimulus of a first-time buyer tax credit.

“Other buyers are taking advantage of low home values before prices turn higher,” Yun says. “Nationally, the typical mortgage payment now takes less than 25 percent of a middle-income family’s monthly income to buy a median priced home, with payment percentages so far in 2009 being the lowest on record dating back to 1970. As long as home buyers stay within their budget, mortgage payments will be very manageable.”

NAR estimates that about 1.8 to 2.0 million first-time buyers will take advantage of the $8,000 tax credit this year, with approximately 350,000 additional sales that would not have taken place without the credit. Buyers have little time to act because they must complete the transaction by Nov. 30 to qualify for the credit. Unless extended, contracts signed but not completed by that date will not be eligible – it is taking approximately two months to complete home sales in the current market.

The Pending Home Sales Index in the Northeast declined 3.0 percent to 78.8 in July but is 4.7 percent higher than July 2008. In the Midwest, the index slipped 2.0 percent to 88.1 but is 8.1 percent above a year ago. In the South, pending home sales activity rose 3.1 percent to an index of 103.8 in July and is 12.0 percent above July 2008. In the West the index jumped 12.1 percent to 112.5 and is 20.0 percent above a year ago.

NAR President Charles McMillan says Congress needs to keep the momentum going. “Even with a good recovery taking place, the market is not yet back to normal. With a gradual absorption of inventory, we are on the cusp of a general stabilization in home prices,” he says. “To ensure that housing has a broad stimulus to the overall economy and stays on sound footing, we’re encouraging Congress to extend the tax credit into 2010, and to expand it to all buyers of primary residences. The faster we stabilize home prices, the fewer families will face foreclosure and the quicker the credit can be extended to other sectors of the economy.”

NAR’s Housing Affordability Index (HAI) stood at 158.5 in July – below the peak set in April but still 36.0 percentage points higher than a year ago. The HAI is a broad measure of housing affordability using consistent values and assumptions over time, which examines the relationship between home prices, mortgage interest rates and family income.

Yun expects existing-home sales to rise through the fourth quarter. “Unless the tax credit is extended, no one should be surprised to see home sales drop in the first quarter of next year,” he said. “However, the fundamentals of the housing market and the economy are trending up, and we expect home sales to generally pick up in the second quarter of 2010. The buyer psychology may be shifting from, ‘Why buy now when I can purchase later,’ to ‘I don’t want to miss out on a recovery.’”

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 Tesoro Port St Lucie.

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

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