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SEPTEMBER MARKET UPDATE

As a Realtor and Broker everywhere I go people ask me… “how’s the market?” Chris Dyer, Broker/Owner Eb Stone Realty

Check out this short video where I share my answer to this question.

Here are some additional nuggets that show the market is healthy in our neck of the woods.

  • July 2018 became the 79th month in a row that saw the Florida median sales prices for condo-townhouse properties and single-family homes rise year-over-year.

This shows our market continues to grow.

  • The median sales price for single-family homes in Florida was found to be $255,000, which is up 6.3% from 2017.

This shows our market is growing at a healthy rate.

  • Condos and townhomes were found to have a median sales price of $180,000, which is up 5.3% on last year.

This shows our market is growing from the bottom up.

  • As of Sept 12, 2018 the avg conforming interest rate is 4.78% compared to August 2017 of 3.86%

This shows our market is steady and stable – less than 5% interest rate is still historically extremely low!

And if you need a heavy hitter to convince you, here’s what Dr. Brad O’Connor, Florida Realtors Chief Economist has to say…

We are continuing to see signs that the low-inventory situation impacting the single-family home market has finally stopped getting worse, though it remains constrained…

Remember, it was the Tortoise not the Hare that won the race – constrained is a good thing.  Slow and steady will ensure a healthy cycle in our market.

Hey… if you found this helpful let me know.  And if you’ve got other questions I can answer – please comment and let me know as well.  Always a pleasure to bring you a piece of “what’s up” in the real estate world.  Chris Dyer, Eb Stone Realty

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TRIM NOTICES…What you need to know.

As your Realtor, and local expert, it’s my job to present you with URGENT … NEED TO KNOW real estate information.  And TRIM Notices are one of those topics.  In our video update we cover the following…

  1. What is a TRIM Notice

  2. Why is it important AND

  3. What do you need to do

I hope you take a few minutes to review this information as it could save you hundreds of dollars this year – and thousands over the lifetime of owning your home.  I can think of many different ways to allocate those dollars… and so can my wife I am quite sure!   And remember – you can always pick up the phone and call me with your questions.  It’s my job to advise you and your family, so that you can make great decisions.

Call of Txt me at 301-343-9279 or email direct at Chris@EbStoneRealty.com

Like I said in the video, this was a quick overview of TRIM Notices and what they mean to you.  I promised you some additional resources… which you can find below.  More details on…

  • How to read your TRIM Notice

  • Details on the petition process AND

  • Some links to the Property Appraisers Office and to file your petition

Again, call, txt, or email me with questions.  And let me know if you found this information helpful so I know how to best serve you with updates in the future.

Here is a detailed video of your TRIM (Truth in Millage) Notice provide by the Palm Beach County Property Appraiser’s Office.

Detailed information on “How To File A Petition” here.  Or you can download the BROCHURE ON PETITIONING TO THE VALUE ADJUSTMENT BOARD

  • Additional rules and information on this process are available here.

  • And, if you think your ready to file your petition you can do so here.

Again, please let me know if you found this information helpful by leaving a comment below.   All the Best, Chris Dyer