Is There A Housing Bubble In Port Saint Lucie

Dated: August 17 2017

Views: 1276

I get asked this question all the time!
No bubble, this time people that are buying homes are actually qualified and have to go through more hoops and regulation than ever! 
Yes, prices have gone up but they are actually below where they should have been if the bubble had never happened and homes had appreciated normally. 

Now just because I say that you have to go through hoops and regulation don't think it is impossible to buy a home. 

It is actually not hard if you have a Realtor® (such as myself Dawn Burlace) that can direct you to the best programs and lenders and let you know what to expect along the way. It just means that you have to prove your income (Imagine that!) and have decent credit (620+ and you are in good shape). There are even programs that will help you with downpayment and closing costs. 

Excerpt from a Zillow article- "If experts are correct, by late 2017 the median U.S. home will be worth the same as it was prior to the Great Recession. But while this is a milestone, it’s a mistake to think re-achieving previous highs is a sign of full recovery. In reality, most U.S. homes are still worth far less than they “should” be if there were never a housing bubble and home values had instead grown at historic norms between 2000 and 2016".


- A good article about this subject- https://goo.gl/TPg1Ya

-Above Referenced Zillow Article - http://snip.ly/lpwex


So What are you waiting for.....Prices to go even higher? 

Your landlord to raise your rent or put your home up for sale? 

Don't be put in a bind/emergency situation!

Call me today and make this the start of your American Dream! 

Dawn Burlace, Realtor®- 772-444-6696 business or 954-707-0437 Text/cell

http://www.movetostlucie.com/contact-agent.html

Blog author image

Dawn Burlace

FULL TIME AGENTS- Winner of Top Producing Duo Team 2017 Dawn Is a Member of the Institute for Luxury Home Marketing and has over 12 Years of Real Estate Marketing experience. With a Background in sale....

Want to Advertise on this Site?

Latest Blog Posts

Vero Beach Top 10 Beach Towns

https://www.travelandleisure.com/trip-ideas/beach-vacations/wallethub-beach-towns-america?utm_source=facebook.com&utm_medium=social&utm_campaign=social-share-article&utm_content=20220613&utm_term

Read More

Named One Of Floridas Best Cities Call Me For Personal Tour Of Melbourne Real Estate

What’s it like to live in Melbourne, FL?Troves of urbanites, families, professionals and retirees enjoy Melbourne, Florida, one of the Space Coast's most populated metro areas. It's no accident

Read More

Great News From Our Melbourne Mayor UPDATE Margaritaville Is Coming

Margaritaville Landing and Riverwalk unanimously approved at Melbourne City Council’s first reading. Here are the in-depth details on this state of the art low impact development.

Read More