Florida Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about our community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Oct. 16, 2018

Fall Is Here, Ready To Decorate?

 

Fall is all about hoping for the weather to cool down, and finding that perfect costume for Halloween! Decorating your home makes trick-or-treating a blast for kids and even adults! Orange can be a great color for adding that seasonal feel and gives the home a sense of pop too.

Just look at the photos below to give you a little help on how you could decorate the front door of your home to give any trick-or-treater something more to look at during this spooky season!  

 

 

 

 

 

Ready to find that PERFECT Florida home to decorate for the holidays? Give us a call to get started!

 

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

Oct. 15, 2018

Some Key Terms When Buying Your First Home!

 

Highlights:

  • When you're buying your very first Florida home, it can be pretty scary for anyone who's new to the buying process.
  • We want to make sure you are ready to take those first steps into confidence when buying your first home!
  • And to build that confidence and to make sure the decisions you are making are the best ones, find an agent who will put your needs and dreams first! Call us today to get started!

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

Oct. 8, 2018

Is It Time To Buy?

 

Some Highlights:

  • It is now almost 27% cheaper to buy nationwide.
  • In only 6 states, the slight difference between the 2 decisions of buying and renting is a $50 difference.
  • In 38 states, it is said to be cheaper to buy than rent.
  • If you're ready to start owning a home and ditching those monthly rental costs, give us a call to get started!

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

 

Oct. 4, 2018

Sign Up Before It's Too Late!

 

Sign up for this free and extremely helpful seminar which is being held at the Daytona Board of Realtors from 1PM to 2PM!

 

 

 

CLICK HERE TO SIGN UP TODAY!

 

Oct. 3, 2018

Buying A Home? Planning A Wedding? What's More Stressful?

 

 

 

 

 

Some Highlights:

    • 62% of Americans from ages 25-54 think that purchasing a home is a lot more stressful than planning a wedding, says the survey "Open Listings."
    • Young couples are even saving up money for their wedding and new home all at the same time.
    • While some may disagree, it comes down to the individual. Some may think wedding planning is the most stressful time of their life, and some may find it fun and relaxing.

 

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

Posted in Florida Homes
Oct. 2, 2018

Concrete Goes Where?!

Concrete is something many people take as the stuff on sidewalks or to build houses, but have you ever thought about putting concrete inside your home? Perhaps not! So why are so many people using it to design the inside of their homes?

The rugged and industrial look is so popular right now, and things like concrete sinks, countertops, and even flooring fits right into that unique style many are going for these days.

The color of concrete, which is sort of a neutral gray can look more appealing to the eye when used with certain colors of whites, marble or even a wood texture. 

One awesome perk to concrete which may change the way you think is that it’s apparently easy to maintain, it’s strong, and very eco-friendly. It retains heat and helps keep moisture out, which is why more and more bathrooms are being seen with it lately!

Home prices, and mortgage rates aren’t the only thing that’s always changing in the new home world. Interior decorating is always something different, and is different for everyone’s taste. For many, change is a struggle but you never know, change can also be a good thing!

Let's start that home search together! Give us a call or click below to begin your job hunt!

 

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

Oct. 1, 2018

This Hot Home Trend Is What?!

When decorating your Florida home, you may wonder what the next trend is. 

Mix and matching kitchen cabinet color designs is no longer being looked at like an unfinished job. Now, it’s fitting right in to today’s trends of being stylish. These styled cabinets are called “tuxedo kitchens” and that is where the cabinets up top are in a lighter color, and the bottom cabinets are in a darker color. For example, white on top, and black on bottom.

 

Just the thought of having a multicolored kitchen with cabinets not matching one another can make you think "what?" And this idea is not for everyone so don't feel left out if you're not a fan! The idea behind this trend is the to make your kitchen look bigger. 

With these types of cabinets, the lighter color is on top and a darker color is on the bottom. This is to make the kitchen seem taller because of the lighter color being on top. It can also create a main focus point, when the contrasting color is used on something else, like the kitchen island. 

Its said that the most common tuxedo kitchen pairing consists of white cabinets with a dark blue or black kitchen island.

If you’re ready to begin make that dream kitchen happen, but want to find that perfect home first, give us a call and we will help you along the way!

 

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

Sept. 28, 2018

Buy Now Or Wait... What To Do!

 

 

Home Buyers 

Highlights:

  • The cost of waiting to buy a Florida home can also be described as the additional funds it would take to buy a home if prices & interest rates were to increase over a certain amount of time.
  • Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019.
  • CoreLogic predicts home prices to appreciate by 5.1% over the next 12 months.
  • If you are ready to take the next steps buying your dream home, call us so we can be by your side every step of the way!

 

 

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

Sept. 27, 2018

Reality TV Show Myths vs. Real Life

 

When you’re just getting into your interesting real estate themed show marathon, you may start going into the realm of thinking everything you see on TV is pretty much how it works in real life, right? Well not really...

The Truth Behind The Myths:

Myth #1: Home Buyers look at 3 homes and decide to purchase one out of the 3.
Truth: Some buyers fall in love at first sight but according to the National Association of Realtors, the average homebuyer looks at 10 homes before deciding anything.

Myth #2: Houses that the buyers are looking at are still listed for sale.
Truth: Not really... everything is staged for television. Many of the homes being shown on the shows are usually sold or are off the market. 

Myth #3: The home buyers haven’t made a decision to purchase yet.
Truth: Since there is no way to show the full buying process in a short 30-minute show, TV producers often choose people who are further along in the process and have already chosen a home to buy. 

Myth #4: If you list your home for sale, it will ALWAYS sell at the open house.
Truth: This is definitely a myth! Well of course, this would be great! Open houses are very important when guaranteeing the most exposure to buyers in your area, but are only a PIECE of the overall marketing of your home. But keep in mind that many homes are sold during the regular listing appointments too. 

Myth #5: Homeowners decide to sell their homes after a 5-minute conversation.
Truth: Not quite.. this is similar to the buyers shown on the shows where many of the sellers have already spent many hours deciding whether or not to list their homes and move on with their lives/goals.

Bottom Line

Having an experienced professional on your side while batteling the real estate market is the best way to guarantee that you find the home of your dreams! Call us today with any questions or concerns you may have about taking the next steps in the right direction!

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683

Sept. 26, 2018

Experts Say Interest Rates Are Expected To Rise

Now, don't let the title scare you! We're here to give you a heads up and to prepare you for anything that comes your way!

As some of you already know, the interest rate that you pay on the mortgage for your Florida home has a major impact on your monthly payment.

Which means, the higher the rate, the greater the payment will be, right? That is why it is very important to know where rates are headed when deciding to start looking for a home.

As you can see in the chart below, interest rates are projected to increase steadily over the course of the next year.

How Will This Change Your Mortgage Payment?

Depending on the amount of the loan that you secure, half of a percent increase in the interest rate can increase your monthly mortgage significantly.

According to CoreLogic's latest Home Price Index, national home prices have appreciated 6.2% from this time last year and are predicted to be 5.1% higher by next year.

If both the predictions of home price and interest rate become a reality, families would end up paying a lot more for their next homes.

What's Next?

Even a small jump in interest rates will increase your home mortgage payment. If you and your family feel you are ready for the next step, call us to get started!

 

SRN Real Estate Pros

Building Relationships One Home At A Time

(386)931-4683