Treasure Coast Real Estate Blog

Read Articles for Home Buyers and Sellers

Discover valuable resources to help you make informed decisions and achieve your real estate goals. Scroll down to access a variety of informative articles.

Treasure Coast Living

Our reports and essays cover staging, appraisals, market trends, and more. Check out our resources, or join our interest list to learn more about the Treasure Coast.

Dec. 13, 2023

Treasure Coast MLS Listings

Listings & Locations - Treasure Coast to Palm Beaches

Need a new address? Start with ours! See all homes for sale from Eric Slifkin and his team at Keller Williams Realty. Click or scan the image below to search all properties and communities. 

Start Your Home Search Here

Find the perfect home in the ideal place! Scan the QR code below or  search local communities using the continuously updated Treasure Coast MLS database:

Treasure Coast Listings and LocationsWe have been serving the Treasure Coast & Palm Beaches since 2003. Contact us today for all Treasure Coast area homes for sale, or call 772-678-1600 to learn more about Treasure Coast living. Get in Touch

 

Dec. 9, 2023

Real Estate Photography Checklist

Photography

Prepare Your Home for Real Estate Photography

The photo shoot is one of the first steps in getting your home on the market. Good pictures (and videos) are essential for gaining online exposure that attracts potential buyers to your house.

Make Your Property Stand Out From the Rest!

To produce top-notch photos and videos of your home, it is crucial to have a clean and clutter-free living space. During the shoot, it's best to remove any religious, political, or highly personal items. Equally important is the exterior of the house. To guarantee a successful shoot and enhance the property's "curb appeal" for potential buyers, ensure that the landscaping is tidy, walkways are pressure-washed, and the yard is well-maintained.

The following checklist will help you prepare your home for the photoshoot. While not all-inclusive, it provides a good starting point to help get your home "picture perfect".

Click on the image to downloadReal Estate Photography Checklist

 

"If the selling process seems daunting, we're here to help. So schedule a call today to learn more about how we market homes to buyers for sellers on Florida's Treasure Coast."

 

Eric Slifkin, Broker Associate

Eric Slifkin, Team Lead

Your local real estate expert

Are you seeking a home that suits your lifestyle, community, and neighborhood needs? Eric offers home buyers a turn-key approach to finding and purchasing real estate from the Treasure Coast to the Palm Beaches and beyond with his team.

 

Contact us today to schedule a free consultation. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs, with no obligation.

Eric Slifkin has authored this post, a Broker Associate at Keller Williams Real Estate and the Slifkin Real Estate Team founder. Eric and his experienced agents serve South Florida and the Treasure Coast, including  Stuart, Hobe Sound, Palm City, Port Saint Lucie, Jupiter, Tequesta, and the Palm Beaches.

 

 

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Posted in Home Selling
Dec. 3, 2023

Buying a Second Home in Florida

5 Tips for Considering a Second Home in Florida

If you've ever dreamed of owning a second home in Florida, it's never too early to begin planning how to make that dream a reality.Florida Second Homes

Treasure Coast to Palm Beaches Homes for Sale

Here are a few essential factors to help you develop a solid strategy.

1. Determine your purpose for buying a second home. Are you looking for a family vacation spot or a place to retire? Do you plan to rent it out for supplemental income? Each situation has unique requirements, including location, tax implications, and amenities.

2. Choose the location of your second home carefully. Many people buy second homes in Florida for seasonal reasons, such as escaping the cold during winter. However, deciding where you want to be and whether the location is convenient for you and your family is essential. If you're planning on having guests, consider whether the location is easy to reach for them.

3. Consider the maintenance required for your second home. While you might have your heart set on a beachfront condo or an estate home in a club community, remember that these homes can come with steep HOA fees and maintenance costs. If you want to avoid these expenses, you may want to consider a smaller home or a condo with fewer amenities.

4. Figure out your financing options. If you haven't already, take the time to review your financial situation and determine how you'll finance your second home. Getting a mortgage for a second home can be challenging, and some buyers pay in cash. Ensure a solid financial plan regardless of how you plan to pay for it.

5. Understand the tax implications of owning a second home. Depending on how you use your second home, it can impact your tax situation in different ways. For example, if you plan to rent it out, you may be subject to different tax rules than using it solely as a personal residence. It's essential to stay up-to-date on tax laws and review your strategy periodically with your accountant.

If you want to buy a second home in Florida, I'm here to help! Let's talk about what's on the market and find the perfect home for you.

 

Eric Slifkin, Broker Associate

Eric Slifkin, Team Lead

Your local real estate expert

Are you seeking a home that suits your lifestyle, community, and neighborhood needs? Eric offers home buyers a turn-key approach to finding and purchasing real estate with his team, from the Treasure Coast to the Palm Beaches and beyond.

 

Contact us today to schedule a free consultation. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs with no obligation.

 

 

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Nov. 5, 2023

How Mortgage Rates Affect Affordability

A small move in mortgage rates can make a big difference in your life-of-loan interest payments. And we just had a BIG move in mortgage rates. So let's talk about your next move.  Get in touch

Mortgage Rates

Your local real estate experts

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 from the Treasure Coast to the Palm Beaches and beyond with his team.

Contact us today to schedule a free consultation. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs, with no obligation.

 

Oct. 6, 2023

Buy a Home with Potentially Little or no Money Down

Tips for Homebuyers Searching for Mortgages with Less Than 20 Percent Down

When many people start buying a house, they assume putting 20 percent down is required. However, this is not the case, and many lenders and mortgage brokers offer options for borrowers looking for mortgages with a small down payment. 

Online First Time Homebuyer's Seminar

Get Pre-Approved for a Mortgage

Before researching mortgages, you’ll want to ensure you have a few things, including solid credit standing and a steady income. The options are out there and exist to make sure that people can buy and invest in real estate, even in today’s competitive housing market and tight credit environment.

Maintain a Strong Credit Score

A credit score is one of the first things lenders look at when determining who is a qualified borrower. Make payments on time, and remember that even small mistakes may take some time to clear from credit scores.

Look Beyond Your Local Banks:

There are many options available outside of traditional bank mortgages. Mortgage brokers offer a wide range of mortgage loans with zero down payments; an example is VA Loans. Veterans of the military and qualified retired veterans are eligible to use this benefit for a 100 percent loan. They also offer FHA loans to qualified borrowers for as little as 3.5 percent down. In rural areas, the U.S. Department of Agriculture offers low down payment options with financing to 100 percent. A good mortgage broker will have all of these options available and will have a variety of lenders to put these through to stay competitive in the market. And even conventional loans can do loans with a 5 percent down payment.

Document Income and Assets

Lenders look for a steady income and sufficient savings to ensure borrowers can meet monthly payments. Ensure all account statements are ready to establish proof of funds; lenders look for savings accounts that indicate the borrower can cover a few months of expenses. In addition, hold jobs for at least two years or within the same industry to demonstrate longevity and stability.

Be Prepared to Pay More Monthly

When you do loans with limited funds down, most will require some mortgage insurance to complete the loan. Conventional loans require Private Mortgage Insurance on loans to values above 80 percent. FHA loans have Mortgage Insurance on all their loans, and the VA only has a funding fee.

Explore Options

Select at least two lenders to be able to compare good-faith estimates. This allows you to look at two completely different options, which will help in talking to more than one source when looking for a mortgage. Before selecting any loan, thoroughly compare the fees, estimates, closing costs, etc.

Slifkin Team

Contact us today to schedule a free consultation. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs with no obligation.

Oct. 3, 2023

Real Estate Team Invests in Success

Team Founder Prides Himself on a Forward-Looking Approach to Selling Home

Palm Beach Post Real Estate Weekend

Eric Slifkin, Team LeadEric Slifkin may have the catchiest slogan in real estate: "Need a new address? Start with ours!" It's like the man himself: Clever, solid, and on point.

Slifkin has been relocating families to Florida's Treasure Coast for over 20 years, a little longer if you include his relocation from New Jersey in 2002, which sparked a new career in real estate. Today, he's a Certified Residential Specialist (CRS) and Certified Luxury Home Marketing Specialist (CLHMS) who serves the Treasure Coast and Palm Beach real estate corridors.

As a Broker Associate at Keller Williams Realty, Slifkin leads a team he founded in 2012. The team's mission is to simplify buying or selling real estate while getting their clients the best price, terms, and conditions.

The Slifkin team can deliver. They recently sold out a 50-unit townhouse project in Hobe Sound and virtually sold a $2,000,000 condo at the newly built Riverhouse in downtown Stuart. Slifkin is also helping market a 40-acre Canadian winery for its Florida-bound seller, an opportunity that came through his Website.

 

Background Summary

 

Slifkin's background in information technology came in handy as the real estate market moved into the digital world. Today, most home buyers start their search online, but in 2003, Slifkin's rookie year, online real estate was a huge challenge. So he "McGivered" various software applications to enable lead capture on his Website and a way to manage them. It was a game-changer.

Digital Marketing Team

The first years were hard. "New agents typically don't earn much money starting," he said. "But for us, every year was better than the one before."

 

He was doing well enough that he got the attention of Keller Williams. "They pursued me for two years before I agreed to join. I'm loyal, but KW was rolling out some new technologies, which got my attention."

 

After seeing what happened with the dot.com crash in the '90s and the great real estate recession a few years later, Slifkin has been a careful custodian of his cash. "We always put away money for marketing," he said. That let him thrive during the real estate recession. Slifkin kept the money coming "by working our butts off in the rental business, which paid the bills and led to listings as the market recovered."

 

Slifkin worked for many years independently as an agent, but he likes the team dynamic. "It's not for everybody," Slifkin said, but there are advantages. First, someone can back you up in an emergency and shoulder some of the workload. Second, Slifkin enjoys teaching others, so he tries to serve as a sounding board or share a solution to a problem that has worked for him. "I like to impart the knowledge of my experience," he said. "And problem-solving is very satisfying." 

 

His current team is five strong, and his secret weapon is the incredible detail person running the back office: Barbara, his wife of more than 40 years. Her attention to detail has earned her praise from brokers, title companies, and lenders.

 

Slifkin's team continues to reach new highs: "We began listing high-end properties several years ago," Slifkin said. As a result, many of their sales are now in the $1M plus range. Slifkin is also a Senior Real Estate Specialist (SRES®), guiding homebuyers and sellers over 50 and their families through major financial and lifestyle transitions.

 

The other advantage of a team is that you can take a vacation now and then, and the Slifkins are looking forward to a trip to Amsterdam to visit their son, Andrew, who lives and works there. The Slifkins live in Palm City in the same house they bought over 20 years ago. "I call it rural-suburban," Slifkin says. "It's a peaceful little town close to shopping, medical facilities, and top-rated schools."

Slifkin Team

Contact us today to schedule a free consultation. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs with no obligation.

Posted in Company Info, Team
Sept. 26, 2023

Downtown Stuart Condos for Rent

WATERFRONT RENTALS IN DOWNTOWN STUART

Check out our renovated condos in Edgewater Villas that are available for annual lease—3-bed/3-bath units with wide-water views of the St. Lucie River's North Fork. Edgewater Villas is located on the waterfront AND within walking distance of Historic Downtown Stuart. Docks available!

The condos of Edgewater Villas comprise three bedrooms with three bathrooms and 1,561 sq. ft. of living space. Amenities include a marina, a heated community pool, and a clubhouse. Click here for more info.

Edgewater Villas Condso

 

Contact us today to learn more about homes for sale or selling a home on the Treasure Coast. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs with no obligation. Eric Slifkin, Broker Associate, Keller Williams Realty. Info: 772-678-1600.

 

Sept. 12, 2023

Real Estate News Round-Up

Weekly National and Local Real Estate News Round-Up

The Latest & Real Estatest In this week's Talking Points: A deep dive on housing inventory at the national and city level, inflation and the Fed, and more!

Treasure Coast Real Estate News

National Real Estate News

You want to move it move it?

Have you outgrown your home? Or perhaps you'd just like to live in a new environment? There are a million motivations for moving - and they're all about the lifestyle you desire for yourself and your family. Let's meet up to talk about your housing goals and financing options, so that when you're ready to make your move, a plan is in place. 

Rates refuse to stay down

Last week, average 30-yr mortgage rates dropped from near 7.5% to almost 7.0%. This week, they've reversed course and are approaching 7.4%. Why? 1) Some stronger economic data, and 2) A few comments from Fed members suggested that interest rates could stay higher for longer. Meanwhile, home prices keep rising: Black Knight said national home prices climbed 1.5% month-over-month in July. Rates refuse to stay down New listings rise

New listings rise

In a normal year, the number of new listings peaks in May/June and then declines sharply until bottoming in December. This August, however, new listings actually ROSE 3.5% month-over-month, allowing total active listings to grow to 670,000 units nationwide. That's still 46% below August 2019 (pre-pandemic) levels, but in this inventory-starved market you've got to celebrate small victories.

Questions about our local real estate market? 

Contact us today to learn more about homes for sale or selling a home on the Treasure Coast. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs with no obligation. Eric Slifkin, Broker Associate, Keller Williams Realty. Info: 772-678-1600.

Sept. 5, 2023

Port Saint Lucie New Communities

A stunning new home opportunity is underway in Port Saint Lucie, Florida! The Veranda Falls shopping district on Becker Road is undergoing a surge in high-end residential development. Its beautiful tree-lined surroundings, well-maintained landscapes, and outstanding amenities offer a unique living experience for all types of new home buyers.

Discover the Lifestyle Communities of Veranda Falls

Many new home communities are being built along Becker Road adjacent to the upscale Shoppes at Veranda Falls.

Real estate development is progressing steadily along this section of Becker Road, which borders Palm City and Tradition—top builders like Kolter, Pulte, Lennar, Del Web, and Taylor Morrison are involved.

Top Communities by Top Builders

Find your dream home in the communities encompassing Veranda Falls, conveniently located off Becker Road near Treasure Coast beaches, recreation, entertainment, medical facilities, shopping, and cultural activities. Join our interest list for the latest new home communities and homes for sale near Veranda Falls.Mosaic by Kolter Homes

Mosaic New Homes by Kolter

Veranda Gardens

Veranda Gardens by Divosta Homes

Veranda Oaks

Veranda Oaks by Taylor MorrisonVeranda Preserve by Lennar Homes

Veranda Preserve by Lennar Homes

Join Our Interest List

Join our interest list for the latest new home communities and homes for sale near Veranda Falls, or contact us today to schedule a consultation.

Veranda Falls Interest List

Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs with no obligation.

 

Aug. 26, 2023

55+ Florida Living FAQ's

Treasure Coast Senior Living Options

Learn About 55+ and Active Adult Communities 

Caring.com, post contributor

Looking for a retirement community in Florida? Port Saint Lucie on Florida's Treasure Coast has a variety of 55+ communities. Our team of local experts can help you find the perfect fit for your lifestyle, whether you want an active social scene or a peaceful haven. Start enjoying your golden years in Port Saint Lucie today! Learn More

Seniors Real Estate

Search Homes for Sale in Active Adult and 55+ Communities

What Are 55+ Communities?

If you're considering moving to a 55+ community or senior apartment, remember that these residences differ significantly from other senior living communities. Though designed for older adults, senior lifestyle communities typically do not offer on-site medical care, personal care assistance, or communal dining included in the monthly cost. Instead, residents live a completely independent lifestyle, similar to what they had in their former homes. 

The main difference between living in a standard apartment complex or planned community, and the main appeal for many, is that all of your neighbors are around the same age and ability level and likely in the same life stage. Additionally, senior lifestyle communities handle exterior maintenance for residents and may offer assistance with interior work, relieving some of the stress one would experience with traditional homeownership. Active adult communities are also frequently outfitted with senior-friendly features like grab bars and single-floor living to help residents stay safe without modifying their homes. 

Several different types of communities and residences fall under the umbrella of "55+ communities." Retirement communities each have their feel and may comprise apartments or condos, townhomes, single-family homes, or a mix of the above. As the individual unit grows, costs typically will, too, and community or amenity fees will be higher for more luxurious communities. The good news about this variation in price between communities is that it gives prospective buyers plenty of options and enables most people to find a 55+ community that fits their preferences and budgets.

Tradition Homes for Sale

What Are the Different Types of 55+ Communities?

To help you understand the different types of 55+ communities, we've divided them into two categories: senior apartments and senior lifestyle communities. For this guide, "senior lifestyle communities" refer to age-restricted communities that include single-family homes or a mix of multiple housing types. 

Senior Apartments 

From the outside, senior apartment complexes may look like any other apartment complex. Senior apartments are rental units restricted to adults over the age of 55 or, in some cases, 62 and older. These buildings typically do not have many amenities beyond common areas for residents to socialize or a fitness center, and most do not offer communal dining. However, many organize social interest groups and on-site social events for residents to make it easier for them to form friendships with their neighbors. They may also coordinate transportation for group shopping trips or other outings. Housekeeping services may also be available for an extra fee. 

Unless the community receives subsidies to offer lower rents to low-income seniors, living in a senior apartment will be similar to standard apartment rental costs in your area. But with neighbors around the same age and units designed with helpful features such as wide doorways and no-slip flooring, many older adults may find they're more comfortable in a senior apartment than in a standard unit.

Senior Lifestyle Communities 

These planned communities differ from senior apartments in that the neighborhood contains a mix of housing styles, from single-family homes to duplexes to condos. Rather than occupying a single building, senior lifestyle communities may span several acres and contain recreational facilities such as a pool or tennis court. The homes and community grounds are designed with older adults in mind and may feature a secure gate, well-lit sidewalks, and wheelchair ramps where necessary. Though some residents may have their yards, the community typically handles outdoor maintenance, providing older adults with a low-maintenance lifestyle. 

Because the units in these communities are typically larger than apartments, expect to pay more than you would for a senior apartment. Some senior lifestyle communities are also homeownership rather than rentals and may have a "buy-in" and monthly HOA fee for which residents are responsible.

Read the full article at www.Caring.com

 

Eric Slifkin, Broker Associate

Are you seeking a home that suits your lifestyle, community, and neighborhood needs? We offer home buyers a turnkey approach to finding and purchasing real estate from the Treasure Coast to the Palm Beaches and beyond.

Join our interest list today to schedule a free consultation. Whether buying or selling a home on the Treasure Coast, we are always happy to meet with you to discuss your wants and needs with no obligation.

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