Treu Group Real Estate Blog - Blog Archive: August, 2014

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August 2014

There are 4 blog entries for August 2014.

To say that there are many upcoming changes to mortgages is an understatement.  Recently, news was released regarding loans that are sure to affect buyers and sellers everywhere and the concerning part is that not everybody knows about these changes!

First of all, Fannie Mae made an announcement in July stating that the waiting period of financing a new home after short sale or a deed in lieu is changing and will be effective August 16th, 2014.

This news affects to those adhering to a conforming mortgage, or a traditional loan from a financial institution of $417,000 or less.

What does this mean?  For those involved in short sales and deeds in lieu, it means this date is crucial.  Now is the time to reevaluate the timeline and see how this

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There are many great Palm Beach County homes for sale. Click here to perform full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (561) 352-3056 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today's blog comes to you from Northern Ireland, at the beautiful Giant's Causeway. Fun fact: we usually think of the "luck of the Irish" as a phrase that originated in Ireland. However, it's an American phrase that came from the 19th century gold rushes, because many who found gold were of Irish descent.

Lucky for you, if you're thinking of selling, you don't need…
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There is a lot of new information about Palm Beach County real estate!

First of all, the local market has proven to be in a lot better shape than the national market.  Locally, price performance and number of closings continue to be higher year over year.  In fact, the number of closed sales has increased 21% from last year! 

On the other hand,inventory is also on the rise.  This a sharp contrast to the hot sellers' market which we have grown accustomed to in recent times.  Though, this is very anticipated.  Inventory is actually up 35% from last year.

High inventory represents additional opportunity for buyers.  With 5.8 months supply of inventory on the market, which is very different from the 4 month range that used to be true, the market

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There are many great Palm Beach County homes for sale. Click here to perform full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (561) 352-3056 for a FREE home buying or selling consultation to answer any of your real estate questions.

Real estate agents from around the country agree- The Treu Group is their first choice when a client or friend is looking for real estate in Palm Beach County.
Check out our testimonials from other fantastic real estate agents and team leaders to see what they like about the Treu Group and how we take care of their friends and clients looking for real estate here in…
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