June Newsletter by Keli Santiago Your Home Specialist
CLICK HERE TO WATCH: Resolution 19-R67, Resolution of the City of Port St. Lucie, Florida, authorizing the City Manager to enter into and execute a Water Quality Restoration Grant Agreement with the State of Florida Department of Environmental Protection concerning the construction of the Sagamore stormwater treatment areas, east and west; providing for conflict; providing for severability; providing an effective date.
If you were thinking about selling your current home and upgrading to a new one, but are unsure, this is why it’s smart to say goodbye to your current home.
Take advantage of the lower rates. Currently the average fixed mortgage rate for a thirty year loan is just above three percent.
If you have an older home, you probably have a dated floor plan. Do you have a formal living room that hardly gets used? A small kitchen space? Do you need a home office, media room, or a room to home school? Do you need a floor plan that is open and flows with your lifestyle?
If you have an older home, you most likely may have some major areas that need attention to protect your investment. You may need to replace your roof and air conditioner soon, update flooring, kitchen, and bathrooms. The exterior may be a little tired. Buying a brand-new home will include warranties to cover those items for years to come. A quality builder will only build with impact windows and doors which could save you hundreds on your homeowners insurance every year and lower your energy costs. Building a new home may be more cost efficient than remodeling your current home.
Depending on when you purchased your current home, the size, and the value of your home, depends on how much of a profit you will make when selling. By selling now in today's market conditions and using that equity towards your new home, you can potentially have a brand new home without a monthly mortgage payment increase.
Tired of carpet? Bored of old cabinetry? Wish you had wood look tile, brand new appliances, and countertops? Is your home too big or too small? If you’re ready to upgrade, building new is a great option so you can make your home just the way you’d like with just the amount of space you need.
Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!
You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.
We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.