HOT Demand for Real Estate!

Good Morning! 

COVID-19 has affected the economy in a lot of ways, but not real estate. We’re still seeing a shortage of inventory and multiple offer situations! Not to mention interest rates right now are in the low 3’s. I’ve even seen them as low as 2.8% 

Check out this article posted by FloridaRealtors! In May home prices were up 3.7%

https://www.floridarealtors.org/news-media/news-articles/2020/07/sp-corelogic-case-shiller-home-prices-rose-37-may

In June we saw a record high with existing home sales increasing by 20.7%

https://www.floridarealtors.org/news-media/news-articles/2020/07/nar-june-existing-home-sales-climb-record-207

NOW is a great time to buy and sell real estate! Call me for all of your real estate needs! (352) 577-9171

 

 

Be Careful About Forbearance On Your Mortgage

Rountree Realty Blog – Forbearance

During this pandemic, many people are stressed about finances and trying to find any way possible to make ends meet. Some homeowners are applying for mortgage forbearance through their banks while finding their way through this difficult time. The problem is, there is a lot of confusion and scrambling going on between banks or credit unions. Some people are saying lump-sum repayment is the only option, while others are saying that there will be a repayment plan that would run concurrently with your normal payments, or the possibility of a loan modification that would track the missed payments onto the end of your mortgage. This has created a communication lapse. If you apply for a forbearance, you need to know the terms. Every institution may be different, so make sure you fully understand what you are getting yourself into. Be careful and advocate for yourself. Check out this full article that Florida Realtors posted. As always call me if I can help in anyway! 

https://www.floridarealtors.org/news-media/news-articles/2020/05/loan-forbearance-advice-assume-nothing-check-everything

 

10 Year Market Trend

Good Day All, 

I keep saying this, but incase you all forgot HOUSING INVENTORY IS LOW! Here is a chart that shows you the decline of listings for sale in Marion County, over the past 10 years. If you have thought about selling now is the time! I have a portfolio of buyers waiting to find their perfect home! 

Please call me for all of your real estate needs! (352) 577-9171

Mortgages Hit Lowest Point in 3 Years!

 

Happy Friday Everyone! 

Check out this latest article from FloridaRealtors! 30 year mortgages hits lowest point in the past 3 years! Just another reason why now is the perfect time to get preapproved for financing, and begin your home search! Here is contact information for a great local lender! John Celebre has a years of experience and is ready to help you with all of your financing needs!

https://www.floridarealtors.org/news-media/news-articles/2020/02/rate-drop-30-year-mortgages-hit-lowest-point-3-years

Call me today if you have any questions (352) 577-9171

John Celebre
Senior Loan Officer | Union Home Mortgage
NMLS 659576 | FL LO40458
(352) 289-1164
(352) 804-4310
jcelebre@unionhomemortgage.com
www.facebook.com/unionhomemortgagecorp/

www.unionhomemortgage.com/jcelebre
2609 SW 33 Street Unit 101, Suite #5 | Ocala, FL 34471

 

NOW is the time to BUY!

Good Day All, 

I hope everyone is having a great week! Did you know that you can save up to 16% by purchasing your home while the real estate season is slower? It’s true! The busiest time for real estate is typically April until November. Now is a great time to tour properties and  purchase your next home! I would love to help and be your Realtor! Call me today! (352) 577-9171

https://www.floridarealtors.org/news-media/news-articles/2020/02/study-its-16-cheaper-buy-now-late-2018

 

 

January Market Report!

Happy Friday! 

Here is January’s real estate market report for Marion County! As you can tell inventory is low, and home resales are up! Not to mention interest rates hit a 3 month low!  Now is a great time to buy and sell real estate! 

Please call/text me if I can help in anyway! (352) 577-9171

Florida’s Population Growth!

Good Day All, 

Did you know that the State of Florida’s population grows by about 906 new residents daily? This is such a positive thing for our economy and real estate market. Check out this article that Florida Realtors posted! 

https://www2.floridarealtors.org/news-media/news-articles/2019/08/florida-housing-market-median-prices-inventory-2q

If you have given any consideration to selling your home now is a great time! Sellers market! Please let me know if I can help in anyway. 

(352) 577-9171 or Info@Search352Homes.com 

The Truth About “Zestimates”

Good Day All, 

I came across this article that Florida Realtors posted and I thought it would be something that homeowners and even buyers may find interesting. The #1 place people go to first when looking at Real Estate is Zillow. Zillow has a feature on the their website known as “zestimate” which is suppose to provide an idea of a properties value. 

http://bit.ly/FLRealtorsZestimateFailure

I typically find that the “zestimate” provided by Zillow is not accurate to the properties actual value. According to this article the value is typically off  by 4.7% of the correct property value. Although, sometimes I’ve seen it even be a much higher amount which cost you as the seller a lot of money. 

Real Estate is LOCAL and the first place you should check with thinking of selling or purchasing a property is with a local Real Estate Expert. If there is anything I can do to help please let me know! 

(352) 577-9171 or Info@Search352Homes.com 

Time for a Contest & Giveaway!!

Happy Friday Everyone!! 

We have another contest for you and the winner will win a Dunkin Donuts Gift Card!! 

I understand that it is very stressful for a homeowner or home buyers to hire and choose the right Realtor for them! Below are 5 things I think you should consider when hiring a Realtor. 

  1. Experience 
  2. Personality 
  3. Reviews 
  4. Marketing Strategy 
  5. Local Expertise of the Area 

Which one of these is most important to you when hiring a Realtor? All you have to do is leave a comment on my Facebook post regarding this topic and your name with go in a drawing for a Dunkin Donuts Gift Card!! >>> www.Facebook.com/RountreeRealty 

Winner will be announced next week on Facebook!! Stay tuned for more contest and giveaways!! 

Happy 4th of July from Rountree Realty!

 

Good Day All, 

I came across this quote and thought it was too good not to share! 

“The strength of a nation lies in the homes of it’s people”

 

Rountree Realty wishes everyone a Happy 4th of July! We hope you get some time to enjoy this very important day with friends and family! We should be proud to live in the USA!