Coastal Premier Properties of SWFL

Happy Halloween 🎃 Be safe 🎃

PRICE IMPROVEMENT! Welcome to your water oasis! This stunning canal-front property offers unparalleled tranquility and charm. Situated in Section 94 in South Gulf Cove along the Santa Cruz waterway, it boasts breathtaking water views from every angle. Conveniently located to sandy beaches, elegant restaurants, and shopping, it offers the perfect blend of privacy and convenience. Don't miss your chance to own a slice of paradise!! Price lowered to $133,900.

Loving this rustic dark and moody laundry room 🤍🤎

Reach out to us today @ 941-769-0703

Torn between buying now or waiting? Don’t forget to factor in how much equity is at stake.

Based on expert home price forecasts, you have the chance to gain roughly $90K in equity over the next 5 years.

While that number will vary based on when and where you buy, the wealth-building opportunity is very real. If you’re ready and able to buy now, let’s chat about why it's worth it.

Residents and guests - please monitor this situation closely and honor the requests being made by emergency officials!!

If you fear your house will be flooded, follow these safety steps to prevent electrical hazards:
• Wear rubber-soled shoes or boots.
• Turn off your circuit breakers.
• Disconnect all electrical appliances.
• Turn off all wall switches.

For more information on preventing electrical hazards if your home is flooded visit https://community.fema.gov/ProtectiveActions/s/article/Flood-Avoid-Electric-Shock-in-Wet-Conditions

Be prepared, be safe and above all be smart!

Know your zone and be prepared!

Have you felt like homeownership is out of reach? You aren’t alone.

But some good news: Builders focus on bringing smaller, more affordable homes to market. And if we open up your search to include those new builds, we may be able to find the right fit for your budget.

Let’s chat if you’re ready to explore what builders have to offer in and around our area. We are also able to design a plan to fit your current budget. Call us today at 941-769-0703.

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Don't let your balloon go 🎈🎈

How the Federal Reserve’s Next Move Could Impact the Housing Market

Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down. Mark Zandi, Chief Economist at Moody’s Analytics, said:

“They’re ready to cut, just as long as we don’t get an inflation surprise between now and September, which we won’t.”
But what does this mean for the housing market, and more importantly, for you as a potential homebuyer or seller?

Why a Federal Funds Rate Cut Matters - The Federal Funds Rate is one of the key factors that influences mortgage rates – things like the economy, geopolitical uncertainty, and more also have an impact.

When the Fed cuts the Federal Funds Rate, it signals what’s happening in the broader economy, and mortgage rates tend to respond. While a single rate cut might not lead to a dramatic drop in mortgage rates, it could contribute to the gradual decline that’s already happening.

As Mike Fratantoni, Chief Economist at the Mortgage Bankers Association (MBA), points out:

“Once the Fed kicks off a rate-cutting cycle, we do expect that mortgage rates will move somewhat lower.”
And any upcoming Federal Funds Rate cut likely won’t be a one-time event. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:

“Generally, the rate-cutting cycle is not one-and-done. Six to eight rounds of rate cuts all through 2025 look likely.”
The Projected Impact on Mortgage Rates
Here’s what experts in the industry project for mortgage rates through 2025. One contributing factor to this ongoing gradual decline is the anticipated cuts from the Fed. The graph below shows the latest forecasts from Fannie Mae, MBA, NAR, and Wells Fargo (see graph below):

No Caption ReceivedSo, with recent improvements in inflation and signs of a cooling job market, a Federal Funds Rate cut is likely to lead to a moderate decline in mortgage rates (shown in the dotted lines). Here are two big reasons why that’s good news for both buyers and sellers:

1. It Helps Alleviate the Lock-In Effect

For current homeowners, lower mortgage rates could help ease the lock-in effect. That’s where people feel stuck within their current home because today’s rates are higher than what they locked in when they bought their current house.

If the fear of losing your low-rate mortgage and facing higher costs has kept you out of the market, a slight reduction in rates could make selling a bit more attractive again. However, this isn’t expected to bring a flood of sellers to the market, as many homeowners may still be cautious about giving up their existing mortgage rate.

2. It Should Boost Buyer Activity

For potential homebuyers, any drop in mortgage rates will provide a more inviting housing market. Lower mortgage rates can reduce the overall cost of homeownership, making it more feasible for you if you’ve been waiting to make a move.

What Should You Do?
While a Federal Funds Rate cut is not expected to lead to drastically lower mortgage rates, it will likely contribute to the gradual decrease that’s already happening.

And while the anticipated rate cut represents a positive shift for the future of the housing market, it’s important to consider your options right now. Jacob Channel, Senior Economist at LendingTree, sums it up well:

“Timing the market is basically impossible. If you’re always waiting for perfect market conditions, you’re going to be waiting forever. Buy now only if it’s a good idea for you.”
Bottom Line
The expected Federal Funds Rate cut, driven by improving inflation and slower job growth, is likely to have a positive, though gradual, impact on mortgage rates. That could help unlock opportunities for you. When you’re ready, let’s connect. That way you’ll be prepared to take action when the time is right for you.

What's your favorite Buffett tune? ⏬️ Two of my favorites are Come Monday and Changes in Latitudes, Changes in Attitudes!

💛🖤💛🖤

Lake Mary Little League: Your 2024 World Series Champions! After one of the most exciting finishes at any level of baseball, Lake Mary Little League are your 2024 World Series Champions! The boys from Central Florida never gave-up and took Chinese Taipei to extra innings after a 2-out hit to tie the game at 1-1 going into the bottom of the 6th inning. In ex...

Want to know the top mistakes sellers are making today? It’s overpricing their house.

A price that’s too high is going to cost you. It turns buyers away and may mean you need a price drop to re-ignite interest in the home.

To make sure you don’t make this mistake, reach out to us at 941.769.0703 me, and let’s price it right from the start.

Call us today! 941-769-0703

What Every Homeowner Should Know About Their Equity Curious about selling your home?

Please reach out to us to see if we can help you.
Call us at 941.769.0703

Join Our Dynamic Real Estate Team as a Model Duty Agent!

Are you a dedicated real estate professional with a passion for helping people build their dream home? We are seeking an enthusiastic and reliable real estate agent to join our team as a Model Duty Agent. This is a commissioned based position with 2-3 days of model duty.

Responsibilities:

• Customer Interaction: Provide exceptional customer service to visitors and answer any questions they may have.
• Property Maintenance: Ensure the model homes are well-maintained, clean, and presentable at all times.
• Lead Generation: Collect visitor information and follow up with potential buyers.

Requirements:

• Licensed Real Estate Agent: Must hold a valid real estate license.
• Excellent Communication Skills: Strong verbal and written communication abilities.
• Professional Appearance: Presentable and professional demeanor.
• Customer-Oriented: Friendly, approachable, and able to build rapport with clients.
• Flexible Schedule: Available to work weekends as needed.

Benefits:

• Competitive Compensation: Commission based.
• Training and Development: Opportunities for professional growth and development.
• Supportive Team Environment: Join a collaborative team dedicated to your success.

Coastal Premier Properties of SWFL is a leading real estate firm specializing in custom homes. As a licensed real estate agent, you can still perform all operations allowed by your licenses, but our expertise is helping the customer build their custom dream home. We have plans to assist with the design if the client doesn’t have their own. Construction experience is a plus but, not a requirement. We pride ourselves on delivering exceptional service and creating a positive client experience.

How to Apply: If you are passionate about real estate and ready to take on an exciting role, we want to hear from you! Please send your resume and a cover letter to [email protected]

Join us in helping clients find their dream homes with Coastal Premier Properties of SWFL!

Call now to connect with business.

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This Memorial Day we honor and remember all of those who served and gave their lives for this country. 🇺🇸

In memory of many, in honor of all, thank you!