What’s New in South Florida Area Real Estate Market and Lifestyles May 2022

What’s New in South Florida and the Treasure Coast Markets

 Luxury Homes and Lifestyles – May 2022

 

Highlights:

• CHECK THE BLOG FOR MORE ARTICLES and    Previous What’s New posts for prior articles
• 2022 New Conforming Loan Limits Increase to $647,200 for South Florida counties, FHA and VA limits are – $460,000 for Palm Beach County and $381,600 for St Lucie and Martin Counties.  View the article for complete details.
• Port St Lucie Neighborhood NICE Meetings 2022
• Port St Lucie Semi-Annual Tree Giveaway May 2022
• What You Need to Know About the Number of Foreclosures in Today’s Housing Market
• Memorial Day May 30, 2022 – In Appreciation, we remember and honor those who gave all.
• PENDING:  Explanade 55+ new construction home in Port St Lucie
• Home Buying Process page is being updated and expanded
• What House Can I Afford plus new real estate calculators added in the Mortgage Finance Center
• South Florida Area Market Reports April for 2022  /  May Available by June 6th, 2022
• Here are some charts from John Hopkins University on Tracking Florida  COVID -19 Cases and Deaths by Overall Totals and By Daily Totals – UPDATED DAILY

 

Port St Lucie Neighborhood NICE Meetings 2022 

Port St Lucie’s Spring 2022 NICE Meetings take place from May 3rd to May 21st this year in 8 meetings.  Check the article for more details and map of the neighborhoods.  Meetings are held in person this year with some free educational activities for all ages, plus games and snacks and presentations by Police and Code Enforcement

 

Port St Lucie Semi-Annual Tree Giveaway May 14,  2022

Keep Port St. Lucie Beautiful (KPSLB) will give away some Avocado and Royal Poinciana trees to residents of Port St Lucie in their semi-annual event.  Click the link for more details.

 

What You Need to Know About the Number of Foreclosures in Today’s Housing Market

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis.

When the forbearance program began, many experts were concerned it would result in a wave of foreclosures coming to the market, as there was after the housing crash in 2008. Take a look at why the number of foreclosures we’re seeing today is nothing like the last time.

 

 

 

Memorial Day, May 30, 2022

In appreciation,

We remember and honor those who gave all.

 

 

Pending:

12997 SW Ambra Street, Port St Lucie, FL 34987

 

– Explanade 55+ in Tradition – Page has links to MLS listing, Esplanade page and PSL 55+ page.  The home is under construction with expected completion in July.

View all 55+ Communities in Port St Lucie

 

 

 

The Home Buying Process

This page is being updated and expanded with more local information and tips on property taxes, insurance and mortgage information.  Each State has different calculations for property taxes.  See How Real Estate Property Taxes are Calculated in Florida.

 

How Much House Can You Afford?

Also visit the Mortgage Finance Center; main page for Mortgage programs, Affordability Worksheets  and Calculators.

 

Market Trends Updates for April, 2022 / May Available June 6, 2022

View the updated Market Trends and Reports  for various cities in Palm Beach County, St Lucie and Martin Counties. These reports automatically update around the 5th of the month so check back and keep up to date!