Hypoluxo, FL Real Estate News

By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, June 20, 2013 TODAY'S TOP STORIES Fla.'s housing market continues momentum in May Existing sales up 18.7% year-to-year, price up 15.9%; condo sales up 11.5%, price up 13%. NAR: Single-family sales up 12.7% year-to-year, price up 15.8%. Read more.   Fla. home to 1/3 of all vacant U.S. foreclosures RealtyTrac: Fla. had 55,503 of the nation's 168K empty properties in foreclosure but not yet bank owned. Second-place Ill. logged only 17,672 and Calif. 9,802. Read more.   Take flood ins. survey: Have changes impacted sales? NAR needs hard data in its attempt to slow the rising cost of flood insurance for certain properties. Buyers and investors are impacted this year. Read more.   What happens when interest rates rise...
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By Karina Kfuri, Leal, Florida Broker - FALO PORTUGUES!
(Leal USA Realty 561-350-3503 ( FALO PORTUGUES))
FLOOR PLANS AND FEATURES OF THE PROPERTIES AT THE YACHT CLUB ON THE INTRACOASTAL IN HYPOLUXO FLORIDA FOR SALE AND FOR RENT - PRESENTED BY LEAL USA REALTY     FEAUTURES:   Direct Intracoastal Community Gated community with controlled access entry two lighted tennis courts Business Center Sand volley ball court two swimming pools being one cascading and with Intracoastal views Six Spacious Floor Plans State-of-the Art fitness center Spa/hot tub Management on site Nature sanctuary and pound area Kids playground       Exercise room at the Yacht Club     The Yacht Club on The Intracoastal Community offers six different floor plans :           As the pictures of the Yacht Club floor plans:   Capri units are found in 1/1 and 1 + a den and has 970 Sq. Ft. Monte Carlo units are two bedrooms one ...
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By Karina Kfuri, Leal, Florida Broker - FALO PORTUGUES!
(Leal USA Realty 561-350-3503 ( FALO PORTUGUES))
  The Yacht Club on The Intracoastal Boynton Beach / Hypoluxo Real Estate Florida: 1, 2 and 3 bedroom Yacht Club condos and Townhomes for Sale/Rent    The Yacht Club on the Intracoastal is a Hypoluxo gated Community east off US1 between Gateway Road and Hypoluxo Rd. managed by its board of members. Its zip code 33462 can be considered as Hypoluxo City or Lantana City. Commonly know as in Hypoluxo, but overseed by the Lantana Police Office, The Yacht Club in Hypoluxo is one of the largest waterfront Intracoastal Communities with breathtaking views of the multimillion dollar homes in Manalapan from its community pool, boat docks, hot tub, common areas, and even from some of its units. MEDITERRANEAN PARADISE STYLE!     Click here for Available Units for Sale at The Yacht Club on The Intrac...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, June 6, 2013     TODAY'S TOP STORIES Real estate investors respond to rising prices Survey: Investors generally expect to buy fewer properties over the next 12 months, but half say they'll keep the rentals they own at least five years. Read more.   Fannie Mae will help speed short sale if given info Under a new program, Fannie Mae will help expedite short sale problems and work with the lender if a Realtor submits a copy of contracts and forms. Read more.   Wells Fargo settles complaint on foreclosed homes Six Fla. cities will see part of a $39 million agreement. HUD alleges that Wells Fargo unfairly neglected REO homes located in minority neighborhoods. Read more.   How small businesses can avoid loan rejection A...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, May 24, 2013   TODAY'S TOP STORIES Report: Where do Americans want to live? Thanks to immigrants and Gen Y preferences, the Urban Land Institute predicts a major market shift toward compact, mixed-use development close to transit. Read more.   NAR: Good things happening in commercial market Commercial Realtors report an increase in annual gross income for the third year in a row, thanks to more transactions and higher sales volumes. Read more.   Rate on 30-year mortgages rises to 3.59% The Fed said this week it will keep operating a program to keep rates down. They remain near historic lows but have risen marginally for three weeks. Read more.   The top 5 smartphones for real estate agents There are hundreds of ch...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, May 17, 2013     TODAY'S TOP STORIES NAR reveals plan to protect listing data Tech advances created new and expanding problem: MLS data theft. Plan: Create a single entity of MLSs, brokers, etc. to fight the data thieves. Read more.   Anyone can be sued: Protect your business Even a frivolous lawsuit costs money and time to settle. A few practical steps can help Realtors minimize risk upfront and protect themselves in a courtroom. Read more.   CoreLogic: 2012 big year for home price increases Prices rose in six Florida cities tracked by the index, varying from a low of 3.5% in Jacksonville to a high of 13.5% in Miami. But expect less in 2013. Read more.   Rate on 30-year mortgage rises to 3.51% The 30-year FRM ros...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  Are we Closer to Foreclosure Reform???     With buyer demand increasing and inventory levels at record lows, Realtors consider foreclosures lingering in the courts as prime housing stock. To be sure, foreclosing on a mortgage is a long process in Florida -- about 853 days, more than twice the national average. That should begin to change with the passage of HB 87 by Rep. Kathleen Passidomo (R-Naples). The bill allows lenders to ask the court to justify why a final order hasn't been entered, and gives condominium and homeowners associations the right to request the court move the process along where appropriate. Consumer interests are addressed in several provisions including: (1) requiring lenders to prove they own the loan for a property before foreclosing on it; (2) reducing the tim...
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By Karina Kfuri, Leal, Florida Broker - FALO PORTUGUES!
(Leal USA Realty 561-350-3503 ( FALO PORTUGUES))
Yacht Club on the Intracoastal Hypoluxo Florida   Yacht Club on The Intracoastal Boynton Beach / Hypoluxo Real Estate Florida: 1, 2 and 3 bedroom condos for Sale/Rent – The Yacht Club on the Intracoastal is a gated Community east off US1 between Gateway Road and Hypoluxo managed by Continental and its board of members. Its zip code 33462 can be considered as Hypoluxo City or Lantana City. Commonly know as in Hypoluxo but overseed by the Lantana Police Office The Yacht Club is one of the largest waterfront Intracoastal Communities with breathtaking views of the multimillion dollar homes in Manalapan from its community pool, boat docks, hottub, common areas, and even from some of its units. MEDITERRANEAN PARADISE STYLE! Click here for Available Units for Sale at the Yacht Club on The Intr...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  The Daily Hot Sheet of Palm Beach Real Estate &  FL Realtor News Friday, May 3, 2013     TODAY'S TOP STORIES U.S. rate on 15-year mortgage at record 2.56% The 30-year FRM didn't break a record at 3.35%, but it came close - and most experts predict little change or another decline over the short term. Read more.   HUD homes could add to inventory-starved market RealtyTrac report: Patient buyers could benefit from an uptick in distressed properties owned by HUD and expected to hit market over next two years. Read more.   Sophisticated Zillow scam puts NAR and MLS on alert Scammers picked up a rental listing through the MLS, changed a small detail, and posted it at a lower price and with a different contact name on Zillow. Read more.   Quick, one-day home sales have benefits and pitfalls...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  Hot Topics For The Real Estate Professional       SECRETS TO SUCCESS ARE TIMELESS The definition of success in real estate varies from agent to agent, yet the formula for achieving success remains consistent. Find out what this successful real estate veteran had to say about the secrets to success. (Michael Friedman, remonline.com, 4/10/2013)   INTEGRATING QR CODES INTO YOUR MARKETING QR codes aren’t new. If you are like most of your real estate peers, you’ve probably been using them in your marketing campaigns for the last couple years. According to this post, QR codes are gaining more popularity because of the low cost of smartphones. If you haven’t used QR codes on your marketing pieces yet, now is a great time to try. Read more. (Kim Chappell, woodst.com, 4/16/2013) THE 6 STEPS TO...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Thursday, April 18, 2013 TODAY'S TOP STORIES BofA settles mortgage investors' class-action suit Pension funds claimed Countrywide lied about the quality of its bundled mortgages before Bank of America bought it, leading to the $500M settlement. Read more.   Study: A smoker's home can lower value up to 29% A Canadian firm polled real estate agents and found that smoking can cost a homeowner more than his health. Almost 2/3s said it lowers home values at least 10%. Read more.   Finding the right home can be easy Miami author/architect says buyers should start with a what-I-want list to avoid after-the-purchase remorse - a home's live-in value is greater than resale value. Read more.   How to get out of a land deal gone bad ...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  The Daily Hot Sheet of Palm Beach Real Estate &  FL Realtor News Thursday, April 11, 2013       TODAY'S TOP STORIES FHFA streamlines mortgage modifications July 1 No documentation needed for owners at least 90 days delinquent. Make payments for three months and modification permanent - including investment homes. Read more.   Foreclosure capital: Fla. leads states, Miami leads cities RealtyTrac: Fla. foreclosure activity up 7% quarter-to-quarter and 17% year-to-year. Seven state metros in top 10 for percent of homes in foreclosure process. Read more.   Canadians play big role in Fla. market rebound BMO Financial Group report: Fla. already has more than 500,000 Canadians, and 16% of that nation's residents say they would consider buying a home here. Read more.   Most mortgage settlemen...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, April 5, 2013 TODAY'S TOP STORIES Proposed amendment for 2014 Fla. ballot passes hurdle With 10% of needed signatures filed, Fla. Supreme Court will review wording. Voter approval would earmark 33% of doc stamp taxes to land-buying programs. Read more.   Florida markets tops for home-rental investments RealtyTrac: If purchased with cash, investment home returns in Florida's seven top cities range from 8.78% average in Orlando to 10.23% in Ocala. Read more.   U.S. rate on 30-year mortgage slips to 3.54% Rates on FRMs crept closer to historic lows this week, which could help the housing recovery strengthen. Most experts say the trend should continue. Read more.   Analysis: Is Facebook phone worth the wait? Wide adop...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  Five Things Buyers & Sellers Should Do To Buy In 2013     Here is my short list of tasks I would put on my 2nd quarter to-do list if I wanted to buy or sell a home in the remainder of this year.   How’s The Credit: Perhaps you are void of credit problems, good for you!!! But let’s get real, this year will be a year in which many post-foreclosure, post short-sales, and laid off workers will find themselves sufficiently recovered. They will need to get back into the real estate market and buy a home. If you count yourself among the number of buyers who experienced a financial set-back of any degree during the recession you would be a candidate of course.     Eliminate: Time to give away all the things you know count as clutter - all of the stuff you know buyers won’t want to see when th...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  FHA vs. USDA Rural Housing Loans & The Winner Is?   What are the differences between these two Government Backed Loan Programs known as FHA & USDA Rural Housing. They are similar to each other but have different requirements and procedures to qualify for either program. Read below to understand what may be required.   The Federal Housing Administration (FHA) was created in 1934 as an effort to increase home sales during the Depression. By guaranteeing loans, the FHA took much of the risk of non-payment and foreclosure from private lenders. Remember the FHA is not a lender; they just guarantee your loan backed by the Government to the lender.   Advantages: Bankruptcy not an automatic disqualification Lower interest rates Down payment is less Lower mortgage points and other closing cost...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  Getting Started Toward That First Renovation Rental Property       Remember to always think before you act and give yourself all the advantages possible at hand. Listed below are a few ways to insure the best potential of success for that first venture.   Find a Bargain Location also known as a bread & butter property: This is an area where there will be steady value increases, above those borderline areas. Look to increase your positive cash flow. The first plan may be to buy, fix & flip, however buying right in the best area gives you a second option if you decide or have to rent out the property. Target your market or your buyer. If your plan is for a move-up buyer than that should be your target. It also could be a specific choice like the beach, military base, college town or fac...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  Homeowners: Do You Really Need To Use A Contractor For Renovations?     Now that you have decided to move forward to buy and renovate, you must first decide how much work you will do yourself. If you do decide on choosing a contractor, you will certainly avoid the many hassles of managing the work and hiring subs for the actual work proposed. Also if you do not have the time to manage your project(s) hiring a general contractor will probably save you both heartache and cash in the long haul.  However, if you do have the time and fortitude to take on negotiator, project manager, and or coordinator you may just be able to increase your financial reward. The bottom line with this decision is to be honest with yourself and the commitment needed to complete your project. Here are some key ...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Friday, March 15, 2013     TODAY'S TOP STORIES Economists revise housing figures amid optimism Some analysts are even doubling their initial home-price-increase estimates of around 4% in 2013. One told CNBC she's "the most bullish I've ever been." Read more.   U.S. rate on 30-year mortgage rises to 3.63% Rates aren't rising dramatically, but they reached their highest point in seven months this week. And 55% of experts predict more increases over the short term. Read more.   Pocket listings: helpful or harmful? Some homes aren't entered in the MLS, often because sellers want to protect their privacy or test the waters before committing to a sale. Read more.   7 banks foreclosing on the most mortgages The banks don't necessa...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
  Avoid These Top 10 Pit Falls When Buying a Home     1)   Failing to have your Realtor provide a market analysis on the value of your home 2)  Fail to get an inspection on the proposed property. 3)  Neglecting to have a survey on the property. 4)  Offering a low ball proposal and discouraging the seller from negotiating with you. 5)  Failing to get pre-qualified for a loan prior to making the offer to purchase. 6)  Not allowing enough time to complete all of the necessary building and title examinations and inspections. 7)  Neglecting to mutually working with the buyer’s agent. 8)  Purchasing a for sale buy owner (FSBO) or other real estate with- out the use of a Realtor or attorney. 9)  Purchasing a property without obtaining title insurance. 10. Getting caought up in price & not valu...
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By Lisa Treu
(Treu Group Real Estate)
    If you are you are looking for the Hypoluxo Real Estate Stats and Market Conditions, your Hypoluxo Real Estate Team has the information that you need. The Treu Group has the marketing to help you get to the closing table on your Hypoluxo home. Let us help you find the best price deals for you.     The Hypoluxo, Florida real estate market stats are out for January and there is some interesting news. Inventory of available homes are at 5.1 months which is down - - 39.5% compared to 2012. This is still a seller’s market and Hypoluxo is one of the bright spots in Palm Beach County this month. There was record improvement which we certainly are happy to share with you.  Oh and prices are UP!!!  Isn't that great news for Hypoluxo sellers?  We are glad to share such great news with Hypolu...
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Hypoluxo, FL Real Estate Professionals