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Home Buying Home Selling Real Estate

Local Market Update for Single Family Homes

Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends generally give you a good idea of what to expect.

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Home Buying Home for Sale Real Estate

Featured Listing: 12962 Bliss Loop

Built in 2017, this 4-bedroom, 3-bathroom home featuring 3,017 square feet is listed at $479,000. Enjoy serene lake views in this model-like gem. The oversized kitchen features solid maple cabinets, quartz countertops, glass tiled backsplash, built-in oven and microwave, walk-in pantry closet, breakfast bar, island, and attached butler’s pantry.

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Home Buying Home Selling Mortgages Real Estate

Mortgage Interest Rates Have Popped Up

We saw mortgage interest rate change direction and start moving up in the last 30 days. The recent increase will cost new borrowers an additional $7.34 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.73% as of this week. Last month at this time, they were sitting at 3.60%. The slow and steady decline since November 2018 has halted for now.

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Home Buying Home for Sale Home Selling Real Estate

Featured Listing – 7537 Ridgelake Cir

You won’t want to miss this charming practically new home. Listed at $349,900, with three bedrooms, two bathrooms, and an office, this 2018-built home offers upgraded flooring in the main living area, a designer kitchen with large island, a walk in pantry, stone countertops, a café dining area, and a great room with large sliders that open up to a covered lanai overlooking a beautiful and peaceful lake.

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Home Buying Home for Sale Real Estate

New Listing – 9968 Cherry Hills Ave Cir

This spacious St. Augustine II model home, built by Arthur Rutenberg, is situated on a premium ¾ acre lot, offers an open floorplan with 12′ ceilings and includes 4 generous sized bedrooms, 3.5 baths, den, large bonus room, 3 car garage and almost 3,700 square feet of living space. We are currently offering this listing in River Club at only $625,000.