Treasure Coast Real Estate Blog

Feb. 17, 2018

What Homebuyers Really Want

Buyers Narrow Choices by Determining Wants vs. Needs

When looking for a home, buyers often narrow their choices by determining wants vs. needs. Here are some of the features that mattered most to homebuyers according to research from the National Association of REALTORS® - and the ones they’re willing to pay more for!

  • The majority of buyers want more or larger closets and more storage space.
  • When it comes to kitchens, new kitchen appliances rank higher than granite countertops and stainless steel appliances in importance.
  • The rooms that had the highest dollar value that buyers were willing to pay more for were a basement and an in-law suite.
  • The feature that has the highest dollar value that buyers were willing to pay for was waterfront property.
  • 78% of buyers purchased a house with a garage
  • 65% of buyers want central air conditioning
  • 57% purchased a house with a fireplace
  • 47% of buyers want a laundry room
  • 41% bought a house with a basement

Source: The National Association of REALTORS® 2013 Home Features Survey

 

Contact Eric Slifkin to buy or sell a home on the Treasure Coast.

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including greater Stuart, Port Saint Lucie, and the Palm Beaches.

 

Feb. 16, 2018

Beachfront Condo On Hutchinson Island

529 NE Plantation Road, Stuart, FL

OPEN HOUSE February 18, Sunday 1:00 PM - 3:00 PM

$ Click for current price
2 BEDROOMS | 2 (2 full ) BATHROOMS | 1249 SQUARE FEET

Oceanfront Living on South Hutchinson Island! Enjoy panoramic views from this top-floor 2 bed / 2 bath unit with expansive screened terrace. Features include tile floors plus updated kitchen and baths. Memberships available at the Ocean Club for golf, tennis and fitness center.

Presented By:

Eric Slifkin

Team Leader
Keller Williams Realty
772-288-1765
Licensed In: Florida
License #: 3068299

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Posted in Lisitings
Feb. 13, 2018

Financing Home Renovations

 
Using a Home Equity Line of Credit (HELOC) to Finance Your Projects
decorative image
Homeowners looking to undertake home renovations can often use a home equity line of credit or HELOC to finance their projects. Here are six quick tips on how to shop for and manage a HELOC:
Home Loan Scale

Shop around. Comparison shop to get the best rate. 

Ask about the margin. If you're offered a rate that's lower than the competition, it's probably just an introductory rate, so ask about the lender's margin. For example, if the introductory rate is 3.5 percent and your lender's margin is 2 percent, your final interest rate will be 5.5 percent. 

Consider a conversion clause. Some HELOCs allow you to convert a variable interest rate to a fixed rate, usually during the draw period (5-10 years). 

Watch out for balloon payments. Balloon payments mean that you must pay the balance in full when the draw period is up. Do not choose this option unless you have the financial means to handle it. 

Create a family plan. Decide what the money will be used for and who will handle the funds. Keep in mind, you can lose your home if the HELOC is not handled properly. Create a payback plan. Come up with a reasonable plan for how the loan will be paid back.

 

Eric Slifkin

Eric Slifkin is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including greater Stuart, Port Saint Lucie, and the Palm Beaches.

Eric’s successful real estate practice can be attributed to his background in Information Technology, which helped shape his vision of marketing homes online to buyers and for sellers along the Treasure Coast and Palm Beach real estate corridor.

 

Posted in Finance, News
Feb. 12, 2018

Real Estate News

Brought to you by Eric Slifkin, Team Lead.
Real Estate News February 2018
Six tips when considering a HELOC for Home Renovations
decorative image
Homeowners looking to undertake home renovations can often use a home equity line of credit or HELOC to finance their projects. Here are six quick tips on how to shop for and manage a HELOC:
Home Loan Scale

Shop around. Comparison shop to get the best rate. 

Ask about the margin. If you're offered a rate that's lower than the competition, it's probably just an introductory rate, so ask about the lender's margin. For example, if the introductory rate is 3.5 percent and your lender's margin is 2 percent, your final interest rate will be 5.5 percent. 

Consider a conversion clause. Some HELOCs allow you to convert a variable interest rate to a fixed rate, usually during the draw period (5-10 years). 

Watch out for balloon payments. Balloon payments mean that you must pay the balance in full when the draw period is up. Do not choose this option unless you have the financial means to handle it. 

Create a family plan. Decide what the money will be used for and who will handle the funds. Keep in mind, you can lose your home if the HELOC is not handled properly. Create a payback plan. Come up with a reasonable plan for how the loan will be paid back.
Can You Really Grow a Winter Garden in the Kitchen?
By John Voket
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Indoor GardenNow that winter weather has descended on much of the country, there are still loads of things a homeowner can grow to keep the freshest of ingredients available for winter culinary adventures. 

Tammi Hartung at birdsandblooms.comoffers a step-by-step guide to establishing a year-round indoor garden that can supply the freshest of ingredients from a tiny space. She advises you to look around your house and choose your best location - and don’t limit yourself to the kitchen. 

Basil, chives, mints and parsley are just a few that do very nicely in pots with bright indirect light. It might surprise you to know you don’t need direct sunlight for growing most herbs; the indirect light most of us get will work fine. 

East-, south- and west-facing windows should all give your herbs enough light, especially if you set up a small table or use a counter that keeps plants about a foot away from window glass. 

Tricia Drevets at offthegridnews.com says start with a few basics, such as oregano, thyme, parsley, basil and rosemary. Then add a few others that your family particularly enjoys in their favorite meals. Cilantro? Dill? Chives? 

She advises to check your garden center for high-quality seeds or for healthy and vigorous-looking starter plants. Or maybe find a selection of starter plants in your grocery store’s produce section as well. 

Drevets says if your herb garden is in your kitchen, the plants should get some additional humidity from your use of the sink or dishwasher. If not, lightly mist them with a water spray bottle.
QUESTIONS? VISIT www.StuartHomeSearch.com
 
 
 
Posted in News
Feb. 11, 2018

Home Values Have Changed

Recent home sales have affected your home's value! Get your home's new value and home selling guide -- no obligation! Get Your Home's Value

Home Valuation

Selling a home on Florida's Treasure Coast? Our team of real estate professionals will help you sell your home in the shortest time, at the highest possible price, and with the least amount of stress. Get Your Home's Value

Frequently Asked Questions About Home Values

 

Eric Slifkin

Eric Slifkin is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including greater Stuart, Port Saint Lucie, and the Palm Beaches.

Eric’s successful real estate practice can be attributed to his background in Information Technology, which helped shape his vision of marketing homes online to buyers and for sellers along the Treasure Coast and Palm Beach real estate corridor.

 

Feb. 3, 2018

Online Real Estate Search Tips

Maximizing the Web in Your Real Estate Search

Before selecting a real estate agent or buying a home, most consumers head to the Internet first. Researching homes and real estate agents online can get you ahead of the game when it comes to narrowing down your options. But with so many sites and sources to choose from, an online search can be exhausting…and sometimes futile. Here’s a guide to help you navigate the web when searching for a home or real estate agent. 

When searching for a real estate agent: While a referral from a trusted friend or colleague is a great way to find an agent to work with, be sure to dig deeper. Search for the suggested agents on social media sites like Facebook and Twitter and find out more about them. This will help you get a feel for who they are as a person and how they conduct business, including how they use social media to market homes. Another way to find an agent to list your home is to look at properties on the market in your area. Find homes similar to the one you are trying to sell and search for those agents online—they’ll usually have a personal website. Once you’ve narrowed down potential agents, be sure to meet with them in person and ask specific questions related to your needs. 

The online open house never closes: All major real estate brokers have websites that showcase their listings. You can search by town, price range, number of bedrooms, etc. Also, use the search tools available through major home listing portals. YouTube is also a new way to search for homes. These digital open houses give buyers a good sense of what the house looks like…and they’re open 24/7.

Do your homework: To ensure you won't be disappointed or become emotionally invested in a new home for sale that is out of your price range, get pre-approved for a mortgage loan. The last thing you want to do is fall in love with a property and realize that you can't afford it. Online mortgage calculators can help you get a sense of what you can realistically afford. 

Source: AOL Real Estate 

 

Eric Slifkin, your local real estate expert

Are you seeking a home that suits your lifestyle, community, and neighborhood needs? Eric Slifkin offers home buyers a turn-key approach to finding and purchasing real estate along the Treasure Coast and Palm Beach real estate corridor.

Eric’s successful real estate practice can be attributed to his background in Information Technology, which helped shape his vision of marketing homes online to buyers and for sellers. Eric provides his clients the latest online home search tools and resources to enable them to monitor the local real estate market and make sound buying decisions.

This post was authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Website for more info about Heritage Enclave.

As your resource for information on new or resale homes throughout the Treasure Coast, please be sure to contact me about any home you may find on the Web, yard sign or ad and I will research the property, arrange showings and handle all the details.

Feb. 2, 2018

Stuart Market Report

Zillow Monthly Market Trends for Stuart, Florida

As many local agents suspect, Stuart real estate appears to be experiencing a gradual shift towards a buyer's market. Zillow's monthly report for Stuart shows some downward pressure on prices while forecasting appreciation at under 3% for the next 12 months (average appreciation ranges from around 3% - 5%).

 

Zillow
Market Report
Our mission at the Stuart Home Search Team is to simplify the home buying or home selling process for our clients. We are an un-corporate, local, forward-thinking team of agents and support personnel who embrace technology while maintaining a strong connection to our clients. We take the time to listen, understand your challenges and goals, and answer any questions you may have along the way.
Shared by
Eric Slifkin (Keller Williams Realty)
Stuart home values
The median home value in Stuart is $215,700. Stuart home values have gone up 3.9% over the past year and Zillow predicts they will rise 2.5% within the next year... Read more
Market Health
4.2/10
Less healthy
Home value change, foreclosures and more
 
Median Zestimate
$215,700
+3.9%
1-yr change
+2.5%
1-yr forecast
See more home values
Do you have any questions?
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Eric Slifkin
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26
Recent sales
Keller Williams Realty
(772) 288-1765
Posted in Market Reports
Jan. 30, 2018

New Dev Townhomes in Hobe Sound, FL

New Dev Townhomes in Hobe Sound, FL

Imagine living in a luxury townhome community just steps from the Heritage Ridge golf course. Heritage Enclave offers easy access to all the Treasure Coast has to offer including pristine beaches, world-class golf, nearby restaurants, shopping, and top-rated Martin County schools. Open daily 10-4. Heritage Enclave is located at US1 and Heritage Blvd., Hobe Sound.

The Perfect Balance of Value and Style

Heritage Enclave, located next to the Heritage Ridge Golf Club in Hobe Sound, Florida, is a small village of 50 townhomes with a preserve and lakefront setting. These well-appointed units feature three or four bedrooms with en-suite masters and one-car garages. Residents enjoy use of the community pool and clubhouse.

Townhomes

The collection of townhomes at Heritage Enclave is comprised of four different floor plans with up to 1,905 A/C square feet of living space. Priced from the $270’s, residents will enjoy Hobe Sound's laid-back lifestyle and amenities that provide endless family-focused activities including a community pool, clubhouse, and playground.

Ocean & Parks

Hobe Sound is home to some of the most beautiful nature spots in the state. You can enjoy the pristine beaches and unspoiled parks like nearby Hobe Sound beach and Jonathan Dickerson State Park. Snorkelers are fond of the preserve’s limestone formations, the largest on the nation’s east coast, found right in Hobe Sound.

Golf

Heritage Ridge Golf Club is a picturesque 18 Hole Championship course designed by Dom Fazio featuring five sets of tees for all levels of play. The club also offers a golf academy, driving range and a full-service bar and grill overlooking the finishing holes.

Restaurants

From casual to fine dining Hobe Sound offers a wide variety of choices that will appeal to everyone's taste. American, Chinese, Italian, French, and Seafood cuisines are just a few of the choices that are a short drive from Heritage Enclave.

 

Eric Slifkin, your local real estate expert

Are you seeking a home that suits your lifestyle, community, and neighborhood needs? Eric Slifkin offers home buyers a turn-key approach to finding and purchasing real estate along the Treasure Coast and Palm Beach real estate corridor.

Eric’s successful real estate practice can be attributed to his background in Information Technology, which helped shape his vision of marketing homes online to buyers and for sellers. Eric provides his clients the latest online home search tools and resources to enable them to monitor the local real estate market and make sound buying decisions.

This post was authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Palm Beach Post neighborhood Web site for more info about Heritage Enclave.

As your resource for information on new or resale homes throughout the Treasure Coast, please be sure to contact me about any home you may find on the Web, yard sign or ad and I will research the property, arrange showings and handle all the details.

Posted in New Homes
Jan. 27, 2018

Affordable Homes in Stuart, FL

3795 SE Middle Street

Single Family Home For Sale In Stuart, FL -- Charming first or retirement home! This is a two bed / two bath home with a den or possible third bedroom. Features include vaulted ceilings, gas fireplace in the living room, updated kitchen, a built-in Murphy bed in the guest room, 16X21 family room, huge deck, fenced yard and much more. Excellent central Stuart location minutes to shopping, dining, beaches, and top-ranked Stuart schools.


Overview
Maps
Photos
Features
Description
Video


















$245,000
Single Family Home
Main Features
2 Bedrooms
2 Full Bathrooms
Interior: 1,572 sqft
Location
3795 SE Middle Street
Stuart, FL 34997
USA

Posted in Lisitings
Jan. 22, 2018

Heading out of Town? Make Sure Your Home is Protected

Heading out of Town? Make Sure Your Home is Protected

Whether you’re heading out of town for the weekend or packing up the entire family for an extended vacation, taking the time to make sure your home is protected before hitting the road is crucial. By taking the following tips into consideration, you can go on vacation knowing that your home will be safe and sound while you’re away.


1. Make it look like someone is home. Install timers on interior lights so they turn on and off periodically. There are also products available that are capable of varying the time that your lights turn on. You may even want to consider leaving a radio on and tuned to an all-news or talk show station. 

2. Disconnect and remove all exterior electrical decorations to reduce the chance of fire and theft. If you don’t already have them, install exterior lights controlled by motion sensors to make your home a more difficult target for prowlers. 

3. Make a plan for the newspaper and other deliveries. If you provide enough notice, you can put your newspaper delivery on hold. Otherwise, ask a neighbor to grab your paper and any other circulars or brochures that may be left on your front stoop. Likewise for any unexpected UPS deliveries.

4. Have the post office hold your mail. If you can’t arrange for a neighbor to pick up your mail, notify the post office up to 30 days in advance of your vacation; at a minimum, two days will be needed to process your request. 

5. If you have an alarm that is monitored, tell the alarm company you’ll be away. If possible, provide a phone number where you can be reached.

6. Nothing beats a good neighbor. Ask your neighbor to keep an eye out for any suspicious activity and possibly even park their car in your driveway, if yours is on the road with you or at the airport. If police regularly patrol your neighborhood, give law enforcement authorities your schedule so they can watch for suspicious activity. If there's a crime-watch program, notify the person in charge.

 

Eric Slifkin

Eric Slifkin is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including greater Stuart, Port Saint Lucie, and the Palm Beaches.

Eric’s successful real estate practice can be attributed to his background in Information Technology, which helped shape his vision of marketing homes online to buyers and for sellers along the Treasure Coast and Palm Beach real estate corridor. 

Posted in Home Ownership