When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1. The Current Mortgage Rate on Existing MortgagesFirst, let’s look at the current rate on existing mortgages. According to the Federal Housing Finance Agency (FHFA), as of the fourth quarter of last year, over 80% of existing mortgages have a rate below 5%. That’s significant. And, to take that one step further, over 50% of mortgages have a rate below 4% (see graph below):Now, there’s a lot of talk in the media about a potential foreclosure crisis or a rise of homeowners defaulting on their l... 06/08/2023

MLS # RX-10894586                               PRICED:  $1,479,000 Elyse Berman, PALoKation Real Estate561-716-7824 Elyse@ElyseBerman.com  WELCOME HOME! Welcome to my latest listing in Mizner's Preserve.  This 2-story Emilia model features 4 bedrooms 4 baths with a loft and office/den that can be used as a 5th bedroom. The primary bedroom is downstairs with the den and 2 full baths.  There are 3 bedrooms and 2 baths upstairs.  There is plenty of room in this house! Cooking is a delight in this 2019 remodeled open kitchen with soft close White Shaker Cabinets and drawers and beautiful sparkling granite.  An added bonus is that it overlooks the swimming pool and backyard. This home comes complete with a banana and avocado tree! Not to mention Mizner's Preserve is a pet-friendly community... 06/07/2023

It seems crazy...these 5 features are amazingly popular & drive many homebuying decisions. Why would they be considered unnecessary? Well, because of their popularity, homes with these features often sell at a premium. If you don't need these features, why pay for them? They cost more money, both at the beginning with a higher purchase price, then ongoing higher expenses (taxes, home maintenance, etc.).Empty nesters, those working from home and/or retirees with no children at home typically don't need the short commute, big yard, top school district (with its higher taxes) & big house: that's 4 out of the 5 features! If they can manage stairs, this same pool of buyers may agree that a one story design is also an unnecessary feature.Clearly, this list is subjective & depends on where the... 06/05/2023

  I'm so lucky to meet so many wonderful people in my business and some of them become a family to us The journey of buying a house sometimes is not easy, but also not impossible! We are here to go through the process together! Thank you to my client who took the time to write this amazing review :)   To check more of my reviews go to: Zillow   #realtorgooglereview #topsellingrealty #firsttimehomebuyerspecialist #fortmyersfloridarealestate 06/02/2023