Port St Lucie, FL Real Estate News

By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Brian Sharkey can be reached at All Florida GMAC Real Estate at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.com   http://www.briansharkeyrealestate.comCore Communities annonced another biotech company Oregon Health & Science University's Vaccine and Gene Therapy Institute will be located at the Florida Center for Innovation at Tradition at the last Economic Development Council of Saint Lucie County meeting last week.$53million from developers will pay for infrastructure, roads and water was reported in the Port saint Lucie News on January 11th, 2008.For more information about Tradition call "Mr. Tradition" Brian Sharkey.
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Brian Sharkey can be reached at All Florida GMAC Real Estate at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.com   http://www.briansharkeyrealestate.comSaint Lucie County Sales report for December 2007Sold Listings- 202Expired Listings - 1217Days On The market- 158Average square footage - 1750List Price/ Sale Price ratio - 95%Average Price per square foot- $100Average Home Price- $225,000The numbers are derived from the Regional MLS, before you make any decisions about buying or selling consult your local Realtor.
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Brian Sharkey can be reached at All Florida GMAC Real Estate at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.com   www.BrianSharkeyRealEstate.comI just got a call from a client (Single agent) of mine asking me to help him find out how much more time he has before he "gets foreclosed on and has to move out".  I asked how many payments have you missed.  None yet!  What? I replied "None but I'm going to stop paying in two months when my mortgage adjusts."If you fear your going to lose why not do a short sale you have time.  No he said I was told that could cost me too much money.  Where did you hear that?  This investor told me he would by the house but I would have to come out of pocket to pay the special assessment for water and sewer or he couldn't get me "out clean"I...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Brian Sharkey can be reached at All Florida GMAC Real Estate at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.comLevitt and Sons could receive as much as $10 million from Wachovia to continue operating on a limited basis for up to 23 months.  In an article written by Sun-Sentinel writer Paul Owers Levitt and Sons will "complete and sell between 80 - 350 homes".  A rather large range for only $0 million I might add.In any case what will happen to Seasons At Tradition?Time will tell... For more information about buying or selling in Tradition and surrounding areas call me.
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Port Saint Lucie- Core Communities landed another great deal this week.  Homewood by Hilton will build a 111- suites in the Florida Center for Innovation at Tradition.  In addition two restaurants will be adjacent to the site.  In total the research park is 120- acre located south of Tradition blvd and West of I-95. For more information regarding the Master Planned Community (I call home) contact me. Brian Sharkey can be reached at 772-204-9965 or via email Brian@BrianSharkeyRealEstate.com
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
  Brian Sharkey can be reached at All Florida GMAC Real Estate at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.com PORT ST. LUCIE - Port St. Lucie City Council members are being told by the Economic Development Council to set aside time Jan. 8 for an announcement.  The Economic Development Council of St. Lucie County has moved its monthly luncheon meeting to Tradition Town Hall.  They expect a large audience for an announcement.The rumbling is that the Valencia, Calif.-based Alfred E. Mann Foundation, a biotechnology research foundation, is going to follow the eastern arch of Mann Research Center to Port St. Lucie. The Mann Research Center has entered into a contract with Core Communities to purchase 22 acres at the Florida Center for Innovation at Tradition located j...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Brian Sharkey can be reached at All Florida GMAC Real Estate at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.comAmericans who lose their home to foreclosure or bankruptcy no longer have to pay income taxes on any debt forgiven by the bank. A bill signed by President Bush on 12/20/2007 voids the IRS practice of considering the bank's write-off on the loan a taxable form of income for the family that already lost a home.It has been a hard sell advising clients about the short sale option.  I must preface this statement by saying my policy is disclose everything, every thing I know. Telling clients that the IRS might come knocking, (It's ever happened to one of my clients, but I know I could happen I say) often times causes the clients to opt to hand the bank the deed ra...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Brian Sharkey can be reached at All Florida Realty Services Inc. at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.comKnow as "Mr. Tradition", Sharkey's been in the business three years now and ranked 11th in Saint Lucie County.¬† Know The Market.Just off exit 118 on I-95, Tradition is poised to become one of the nation's most successful and prestigious master planned communities ever. Tradition is an approved 2,515 acre Development of Regional Impact permitted for the following: ‚Äʬ∑¬†¬†¬†¬†¬†¬†¬†¬† 7,000 residences ‚Äʬ∑¬†¬†¬†¬†¬†¬†¬†¬† 675,512 square-feet of retail ‚Äʬ∑¬†¬†¬†¬†¬†¬†¬†¬† 1,295,567 square-feet of office space ‚Äʬ∑¬†¬†¬†¬†¬†¬†¬†¬† 200-bed hospital‚Äʬ∑¬†¬†¬†¬†¬†¬†¬†¬† 300 hotel roomsWith plans to eventually include more than 8,000 acres along a five-mile-long employment corridor next to I-95, featuring an ...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Brian Sharkey can be reached at All Florida Realty Services Inc. at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.comTradition Holiday Lights 2007 Schedule - Call Mr. Tradtion 772-579-1981 Tradition Holiday Lights 2007 Schedule - Call Mr. TradtionBrian Sharkey can be reached at All Florida Realty Services Inc. at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.com
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
December, 2007"Tradition Aid" at The Lakes of TraditionResidents with a Heart to Serve THANK YOU! Thank you all ever so much for the amazing response to the call for food for the Treasure Coast Food Bank Food Drive on Halloween! YOU- the residents of the Lakes, collected nearly 600 pounds of food in under 12 hours that will feed nearly 400 meals to needy St Lucie County families! We can all feel good about that! Watch for flyers and notices for the Christmas and Hanukkah season "Toys for Tots" campaign. We are working on the logistics of the collection and we will let you know when and where!   Our  "Welcome Home to The Lakes of Tradition" committee is still looking for residents that are business owners who want to contribute a COUPON or DISCOUNT for our "Welcome Home" packet that will...
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By Matthew J Blum - (retired from the business)
In Port St. Lucie, Florida yesterday 18 homes where raided by the police as grow houses.  These poeple where school teachers and for the most part honorable people that got jammed up and could not pay their bills. In many cases the people would move out of the homes and the builder would have his tenants move in and he would pay the person's mortgage for them. I guess when your desperate people will do just about anything.Here is the link for more information: Palm Beach Post
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Know The Market - Saint Lucie CountyBrian Sharkey can be reached at All Florida Realty Services Inc. at 772-335-1995 ext. 192 or via email Brian@BrianSharkeyRealEstate.comFor the many potential buyers look around Saint Lucie County this weekend, here are some links about the area that will be useful in answering some questions.  In addition you would like me to search some homes for you please fill in the link Receive Home Listings By Email.http://www.stlucierealtors.com/http://www.youredc.com/http://www.stlucieco.gov/http://www.co.st-lucie.fl.us/tourism/index.htmlhttp://www.fpl.com/residential/customer_service.shtmlhttp://www.ballantraepropertyvalues.com/http://www.briansharkeyrealestate.com/http://plato.stlucie.k12.fl.us/index.html Know The Market - Is about educating the customer to ...
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By All Florida GMAC Real Estate
(All Florida GMAC Real Estate)
At 2pm on Thanksgiving Day, November 22, 2007, in Port St. Lucie, Florida it is 83 degrees, sunny with a breeze of 11 mph according to the Weather Channel.The forecast for Black Friday (or the biggest shopping day of the year) calls for a high of 79 degrees with a 40% chance of showers.  The showers will help keep it from being too hot!
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Let me rewrite the headline in todays Port Saint Lucie News paper "St. Lucie jobless number soars""County's unemployment rate is the second worst in the state because of construction jobs continue slump with 21,000 lost across state." the subheading Are you following me so far: here is the first line in the story:"Unemployment on the treasure coast remains up from a year ago but is down slightly from September,"WHY, WHY, WHY did I buy the paper.  WHY, WHY, Why? Nadia thanks for the report its fair and balancedThe media always puts an angle on everything to position it to sell the paper.  Does it matter if the report is accurate or not?At first glance I would have thought most of the jobs lost are from my area, right it said we are second worst in the state..The reality is that we have l...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
How do you figure the expired rate in your area?I've been calculating statistics in the market area for about three years now.  I've learned many agents figure the expired rate in many different ways.I have added the property sold and the expired property together for a period of time the divided the expired from the total, leaving a percentage that I believe tells you the odds of expired as opposed to sold.Saint Lucie county area average expired rate is 75% as of 11/01/2007.  Odds are the client/customer will not go ahead with plans to sell unless they get aggressive with the price.Know the market...Sharkey
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By Melissa Broker Associate, Short Sales and Listing and Selling Homes
(Terra Firma Realty Group)
I am a real estate agent in Port Saint Lucie Florida. I started over three years ago in a Local Rental office as a receptionist. I found I liked the business so I got my license. I saw an immediate change in how I was treated in the "office" . I could not longer answer the phone because people thought I was going to steal leads. Even though I worked honestly for them for over a year. I changed to an office that taught by motivating you and teaching about getting listings. I stayed as long as I could because the market was changing and no leads were coming and people stopped buying. I could not afford the desk fee's. So I changed and went back to a local office that is property management. My thoughts were that people were renting. Unfortunately when you split a rental it about pays for ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Affordable 3 BR 2 BA Home 672 SW Prado Ave, Port St. Lucie, FL 34983 Click to View Show Fabulous remodeled home in desirable PSL neighborhood, close to Florida’s turnpike, schools and shopping. This is a full 3 BR 2 BA split plan with lovely hardwood floors in the living areas, ceramic tile on the diagonal in the kitchen, and carpeted bedrooms. Completely remodeled in 2005 with new roof, walls, water heater, AC, etc. New (2006) 12 x 22 shed in yard for storage or work room. Fenced and beautifully landscaped yard with 4 person hot tub, fish pond, barbecue smoker, and more. BONUS: Automatic full house backup generator with underground 500 gal propane tank included (a $20,000 value) with this home. 1 Year Home Warranty available.   Details Asking Price: $149,900 MLS: 330328 Sq. Feet: 1928...
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By Rich Urban
(Ugly House Investor)
Motivated Sellers are those that have been trying to sell but haven’t been able to for one reason or another. Sometimes, they may be facing foreclosure. Or they may be in a divorce situation. Or they may have been transferred with their job and need to move on, but they don’t want to leave the house empty or deal with renting it out to renters being so far away. Or they may have lost their job and can no longer afford the home and need to find something less expensive. Or they may have purchased another home and are now stuck with two mortgage payments. Or for whatever other reasons, they just need to get out from under their mortgage payments. In the current real estate market, it has become EASIER & EASIER to find these types of individuals.  In the past few years, true motivated sel...
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By Charlie Bunten, GRI,e-PRO, CDPE. P.S. Certified
(Real Living All Florida Realty)
I love helping people find a place to call home.   When the market was very hot here in Port Saint Lucie it was clear that one of the reasons for the sharp rise in prices was the practice of flipping.  Now let me say from the beginning that I do not see anything wrong with a person investing money in real estate to make a profit.  But the more dollars that flew into the market for a quick flip, the more the demand increased and supplies shrank. Well as any other cycle goes those flipping dollars built more homes at what would become a higher asking price then there were buyers to buy.  You combine that with some sub prime troubles and OOPs.  But less we think everybody should buy a tent and keep our money in a cookie jar let's look at the upside.  What upside you say?   The facts are th...
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By Melissa Broker Associate, Short Sales and Listing and Selling Homes
(Terra Firma Realty Group)
I have been spending most of my time renting homes that were bought in the big bubble. Most people moved out of these homes and are trying to stay alive by short sales, foreclosures or renting them at half the payment of the mortgage. Most people do not want to bother with taxes and homeowners in Florida. Who will buy now ? I don't think investors are ready, It looks like the only buyers are banks. If the banks own most of the homes and rent them out how will the market stabilize? I see builders building cheaper homes and competing with the banks low prices of the bigger homes, that have lost value because of them having renters. Will we go to less expensive homes and will the government lower taxes and make home owners insurance affordable, or is this impossible?What will real estate a...
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