What’s New in South Florida and the Treasure Coast Markets
Luxury Homes and Lifestyles – December 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.
- New 2023 Conforming Loan Limit Increase announced at $726,200.
- Merry Christmas and Happy Holidays 2022 – Hope your Holidays are filled with peace, love and great joy!
- Port St Lucie 55+ Communities December Update
- 3 Graphs Showing This Housing Market is Not Like 2008
- 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 November for 2022 / December Available by January 6th, 2023
- 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
Merry Christmas and Happy Holidays 2022
Hope your Christmas and Holiday Celebrations are filled with peace, love and great joy. 🎉 💕 👨👨👧👦
The Treasure Coast and Palm Beach County Holiday Season started around Thanksgiving and both areas have full schedules of holiday events to kick off the festivities – Breakfast with Santa in Sebastian, Shopping Spree Giveaway in Ft Pierce, Christmas on Main Street Tree lighting and Nutcracker Dance play in Stuart, and the amazing displays at Heathcote Botanical Gardens in Ft Pierce.
PLUS a great Roundup list of area locations for Golf, tennis, hiking, beaches and snorkeling, dog parks, Wine and Ale Trail events, skateboarding and mountain biking and even great locations to watch the Rocket launches!
Three Graphs Showing This Housing Market is Not Like 2008
The 2022 Housing Market does not have a housing surplus, we have an Inventory Shortage, we have tight lending standards and foreclosures remain very low. Read more about and see the graphs showing the stark differences between the 2 periods.
What’s Going to Happen with the Housing Market in 2023
Port St Lucie December 2022 Update on 55+ Communities
December 2022 55+ Communities Update highlights new construction communities development status’s and promos and incentives – Veranda Preserve, Esplanade, Del Webb at Tradition, Telaro and PGA Verano.
Valencia Walk’s New Model Homes Grand Opening Weekend December 3rd and 4th. The latest lot release was on November 19th and GL Homes released a few more lots to expand on the availability. Updates also include resale communities. This article will be expanded more.
What’s Going to Happen With Mortgage Rates?
Mortgage Rates Are Dropping. What Does That Mean for You?
“Mortgage rates dropped even further this week as two main factors affecting today’s mortgage market became more favorable. Inflation continued to ease while the Federal Reserve switched to a smaller interest rate hike. As a result, according to Freddie Mac, the 30-year fixed mortgage rate fell to 6.31% from 6.33% the previous week.”
Florida Monthly Housing Market Update for November 2022
Video of statewide housing market statistics.
Florida’s Monthly Housing Market Update for October 2022
Video of statewide housing market statistics. See November post for most current information.
Port St Lucie ALL AGES New Construction Page
Brief Summary of All ages communities – see individual pages for more details on lifestyle, homes and builder incentives.
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 June, 2022 / July Available August 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!
Tracking The COVID-19 Curve in Florida by Totals and Also Daily Totals
Here are some charts from John Hopkins University on Tracking the COVID -19 Cases and Deaths by Overall Totals and By Daily Totals. The Charts update daily about 9:00 PM
