HomeZone South Florida

01/23/2023

Property 529 SW Sundance Trail, Port Saint Lucie, 34953 has 3 bedrooms, 2 bathrooms with 1738 square feet.

01/23/2023

New Listing!

529 SW Sundance Trail, Port Saint Lucie, FL 34953
List Price $379,900 3 BD 2 BA 1,738 SqFt

Listing Broker Victor Caputo III Call/Text 941-227-4925
For more details and photos click the link below.
http://www.homezonesouthflorida.com/property/RX-10860223/?addrs=1

Amazing 3 bedroom 2 bathroom lakefront home in Sawgrass Lakes /Hammock Cove. This home features a spacious living room for entertaining, an eat in kitchen with plenty of cabinets for storage and tons windows for natural light. This property is a must see!

Home Zone Realty Inc
Equal Housing Opportunity.

Property 529 SW Sundance Trail, Port Saint Lucie, 34953 has 3 bedrooms, 2 bathrooms with 1738 square feet.

08/09/2022

Number one question we hear in real estate is, "When will the housing market crash and this bubble burst?" and we are happy to discuss that with you.

We don't meant to burst any bubbles ourselves, but we strive to be experts in the field who lean towards data driven sources before sharing information or speculating.

Today's loans are not the same as they were years ago. Let's unpack this a bit to ease concerns.

The Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI) multiple times a year. To clarify they describe this measure on their website as follows,

“The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in time.”

In short, this data determines how easy it is to get a mortgage. A higher index correlates to easier mortgage credit while a lower index correlates to a more difficult lending qualifications. Take a look at the graph below. This is the MCAI from 2004 to present.

To expand on that, the FICO credit scores used to determine a homebuyers ability to repay the loan was drastically reduced during the housing bubble 15 years ago. For example, according to Keeping Matters Current and FICO data, "In 2006, buyers with a score under 620 received $376 billion dollars in loans. In 2021, that number was only $80 billion, and it’s only $20 billion in the first quarter of 2022." While some lenders still provide mortgage credit for FICO scores under 620, these tightened standards provide necessary protection of todays current housing market, protecting your investment and equity in real property purchases.

When you’re ready to start exploring the housing market, we will be here eight hour best interests in mind.

07/19/2022

Perspective, right?

5-6% interest rates are still historically low, and when you are in the market for a home, remember that you can date the rate and marry the home. With the option to refinance later, locking in at this rate for now doesn’t mean forever.
Estimated home price performance is forecasted to continually grow over the next 5 years. Your mortgage will be put towards building equity, generating wealth, and providing stable housing cost. While the average mortgage payment being $1842 nationwide may seem high, looking at rental statistics is startling (NAR).

When renting, you are paying someone else’s mortgage, generating their wealth, and could face unexpected rent increases. According to Realtor.com, “Median rent in the top 50 metros reached $1,849 —15.5% higher than at this time last year and a new rent record for the 15th month in a row.”

Real estate is an investment, and house hunting can be overwhelming. Let the professionals at HomeZone Realty guide you through the process.

07/13/2022

According to KCM, "each quarter, Pulsenomics surveys a national panel of over 100 economists, real estate experts, and investment and market strategists to compile projections for the future of home price appreciation. The output is the Home Price Expectation Survey. In the latest release, it forecasts home prices will continue appreciating over the next five years.

That's what's at stake for you if you delay your plans.

If you’re ready to become a homeowner, know that buying today can set you up for long-term success as your asset’s value (and your own net worth) is projected to grow with the ongoing home price appreciation."

Partner with a local real estate professional at HomeZone Realty to begin your home buying process today.

06/30/2022

Thinking of selling?

Here are some helpful guidelines to consider, but when in doubt, connect and consult with a trusted realtor. They can help posture your home for the smoothest and most successful transaction.

06/12/2022

What do you love most about your neighborhood?

Let us know below ⬇️

11/11/2021