Florida’s existing home, condo sales rise. Do you need to sell your home?

Do you need to sell your home?  Let Us Sell Your Home!     If you would like us to sell you home please call 772-224-6378

Whether the Port St Lucie or Martin County real estate that is for sale is a primary residence or one that has been used as an actual investment to generate positive cash flow, there are some steps that will need to be taken before the house is ready for the local real estate market.

What Real Estate of Florida and Ken Duncan Realtor will do for you

• Identify the most probable top dollar buyer and attract that buyer through a Target Marketing Program.
• Develop a budget and marketing plan.
• Actively market the property to all probable buyers in our database.
• Submit the property to Multiple Listing Service.
• Add the property to all buyer inventories
• We will add our property to the over 20 national internet search engines that we utilize. Everything from Homes on Sale to CraigsList.
• Complete a comparative market analysis that will compare your home’s value to other properties in the area
• Handle all necessary paperwork to ensure that the sale closes as agreed.
• Represent your best interests at all times
• Show you exactly what each and every offer means to you
• Keep you updated on the market and answer all your questions promptly and honestly
• We will become knowledgeable about your property and convey its best features to buyers and agents.
• Always promote your property with enthusiasm.
• Keep you fully informed of all progress and results.
• Handle all inquiries and leads promptly
• Pre-qualify all prospective buyers
• Consult with you on preparing your home for sale.

Telephone: 305-320-6744  Email: kenduncanrealtor@gmail.com

We Sell Homes on The Treasure Coast. We deal with buyers from The UK, Europe, Canada, India, South America, Africa and of course The USA

Do you need to sell your home?  Let Us Sell Your Home!   

ORLANDO, Fla. – March 23, 2010 – Florida’s existing home sales rose in February, which means that sales activity has increased in the year-to-year comparison for the past year and a half (18 months), according to the latest housing data released by Florida Realtors®. Golf Homes in Tesoro Port St Lucie
Existing home sales in South Florida increased 21 percent last month with a total of 11,890 homes sold statewide compared to 9,867 homes sold in February 2009, according to Florida Realtors. Statewide existing home sales last month increased 13.6 percent over statewide sales activity in January.

Treasure Coast Florida Homes, Realtors in Stuart,  Realtors in Sewall’s Point, Jensen Beach, Palm City Realtors, Hobe Sound, Hutchinson Island Realtors or Beach Front Condo Realtors or Foreclosures in Port Saint Lucie, Realtors in Tesoro Golf Club, Realtors in Jensen Beach Florida

Florida Realtors also reported a 59 percent increase in statewide sales of existing condos in February compared to the previous year’s sales figure; statewide existing condo sales last month rose 9.8 percent over the total units sold in January.Golf Homes in Tesoro Port St Lucie

“Homebuyers should take advantage of favorable conditions in the current housing market,” said 2010 Florida Realtors® President Wendell Davis, a broker with Watson Realty Corp. in Jacksonville. “Mortgage rates remain near historic lows at just under 5 percent, but they won’t stay at that level forever. Plus, only six weeks are left before the extended and expanded homebuyer tax credit expires. First-time buyers and current homeowners who want to buy their next home in time to use the tax credit must have a purchase contract signed before the April 30 deadline – then they’ll have until June 30 to close the transaction.”

Seventeen of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales in January, while all but one MSA had higher condo sales. A majority of the state’s MSAs have reported increased sales for 20 consecutive months. Golf Homes in Tesoro Port St Lucie

Treasure Coast Florida Homes, Realtors in Stuart,  Realtors in Sewall’s Point, Jensen Beach, Palm City Realtors, Hobe Sound, Hutchinson Island Realtors or Beach Front Condo Realtors or Foreclosures in Port Saint Lucie, Realtors in Tesoro Golf Club, Realtors in Jensen Beach Florida

Florida’s median sales price for existing homes last month was $131,300; a year ago, it was $141,800 for a 7 percent decrease. 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. Golf Homes in Tesoro Port St Lucie

The national median sales price for existing single-family homes in January 2010 was $163,600, down 0.4 percent from a year earlier, according to NAR. In Massachusetts, the statewide median resales price was $300,000 in January; in California, it was $287,440; in New York, it was $242,750; and in Maryland, it was $234,894.

NAR’s latest outlook predicts a surge in late spring home sales. “Activity should be picking up strongly in late spring as buyers take advantage of the tax credit, which is critical to absorb distressed properties reaching the market and to continually chip away at inventory levels,” said NAR Chief Economist Lawrence Yun. “If there is sufficient job creation, housing can become self-sustaining with stable to modestly rising home price Golf Homes in Tesoro Port St Lucie
s.”

Treasure Coast Florida Homes, Realtors in Stuart,  Realtors in Sewall’s Point, Jensen Beach, Palm City Realtors, Hobe Sound, Hutchinson Island Realtors or Beach Front Condo Realtors or Foreclosures in Port Saint Lucie, Realtors in Tesoro Golf Club, Realtors in Jensen Beach Florida

In Florida’s year-to-year comparison for condos, 5,085 units sold statewide last month compared to 3,190 units in February 2009 for an increase of 59 percent. The statewide existing condo median sales price last month was $92,200; in February 2009 it was $109,100 for a 15 percent decrease. The national median existing condo price was $172,400 in January, according to NAR. Golf Homes in Tesoro Port St Lucie

Interest rates for a 30-year fixed-rate mortgage averaged 4.99 percent last month, even lower than the average rate of 5.13 percent in February 2009, according to Freddie Mac. Florida Realtors’ sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.

Treasure Coast Florida Homes, Realtors in Stuart,  Realtors in Sewall’s Point, Jensen Beach, Palm City Realtors, Hobe Sound, Hutchinson Island Realtors or Beach Front Condo Realtors or Foreclosures in Port Saint Lucie, Realtors in Tesoro Golf Club, Realtors in Jensen Beach Florida

Among the state’s smaller markets, the Punta Gorda MSA reported a total of 239 homes sold in February compared to 216 homes a year earlier for an 11 percent increase. The market’s existing home median sales price last month was $96,600, slightly higher than the year-ago median price of $96,400. A total of 43 condos sold in the MSA in February compared to 33 units sold the same month a year earlier for an increase of 30 percent. The existing condo median price last month was $95,000; a year earlier, it was $88,300 for a gain of 8 percent. Golf Homes in Tesoro Port St Lucie

 Treasure Coast Florida Homes, Realtors in Stuart,  Realtors in Sewall’s Point, Jensen Beach, Palm City Realtors, Hobe Sound, Hutchinson Island Realtors or Beach Front Condo Realtors or Foreclosures in Port Saint Lucie, Realtors in Tesoro Golf Club, Realtors in Jensen Beach Florida

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