Real Estate News

Mortgage Pricing Not Tied to Fed Action

Posted on by Lisa Barton

There's so much speculation in the market with the talk of the Federal Reserve rate cut. Here’s what Mike Hendrickson, Sr. Mortgage Consultant at U.S. Bank, had to say:

Mortgage pricing is not tied to Fed action. This may come as a surprise to many who mistakenly believe that Fed rate cuts are immediately tied to mortgage rate pricing. That correlation is untrue. See, the Fed rate cut yesterday of .25% (25 Basis points) does not equal a mortgage rate cut of 25 Basis Points. 

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Real Estate Market Update - Summer 2019

Posted on by Lisa Barton

May was a very productive period for the Lisa Barton team, with thirteen sales closing in this month alone. Typically, May is also a very active month in the Ponte Vedra Beach area and reflects a seasonal pattern of high sales in the second quarter—as families move and make plans for the coming school year. In this update, we’ll look at national, state, and regional real estate market trends.

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What is the Rate?

Posted on by Lisa Barton

We asked our favorite loan officer to lend some insight into "What is the rate?" Here's what he had to say:

That’s the first thing most buyers want to know when looking for a mortgage. The answer is not always so simple and will depend on the time of day and the events of the market on any given day. That's why going online for rate information can be confusing. The best way to find out the rate you qualify for is to get up-to-date information from your mortgage professional. He or she will walk you through how the financial markets are performing, and the key factors that impact rates.*

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Staging: Tiny Details, Big Impact

Posted on by Lisa Barton

When selling your home, first impressions are important! Often, to better showcase your home and make a powerful first impression, we’ll recommend using a home stager. A home stager will work with you to highlight your home’s best features and make a powerful impact on a potential buyer. 

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Odom’s Mill Real Estate Market Update

Posted on by Lisa Barton

Odom's Mill is a lovely neighborhood in Ponte Vedra Beach with approximately 250 homes. This community has been very popular with buyers over the last five years. In 2018, our team helped five families find their perfect new homes in Odom's Mill. One property sold before going on the market and another sold for the highest price per square foot ever in the neighborhood!

We've noticed some pretty dramatic real estate market trends in Odom's Mill -- many of which are exciting to home owners! 

Here are some highlights of the positive trends:

 

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Ponte Vedra Residential Real Estate Market Update (Through February 2019)

Posted on by Lisa Barton

Sales continue to be strong in the Ponte Vedra area, both for the month and year-to-date, when compared with the same months last year.

Macro-economic indicators also continue to be very strong:

  • Near full employment.
  • Signs of rising wages.
  • Recent guidance from the Fed that interest rate increases are unlikely in the coming months, helping mortgage lenders keep 30-year mortgages low, hovering around 4.375%.

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Home Is…

Posted on by Lisa Barton

Working with your preferred licensed real estate agent can have numerous benefits - including helping with property investment opportunities and having knowledge of the real estate tax advantages. Learn more in this video, "Home is..."

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