Ken Tribble
February 2020
The Real Estate Authority Of Southwest Florida

The One Change You Should Make to Your Home in 2020
Splash a new color up on the walls. Redo your floors. Buy a new couch. They might be on the long list of things you’d like to do to your house in 2020. But you know what should be at the top of that list? Buying new plants. 
      So key are plants to the overall look and feel of the home that they made Elle Decor’s list of 2020 design trends. But we’re not talking about those faux, plasticky plants. It’s time for the real stuff.
      “Going green with nice, real indoor plants helps give personality and another layer to a space,” Linda Hayslett of L.H. Designs, told them. “For a while, it seemed like everyone was going faux. But
Mortgage Rates
U.S. averages as of February 2020:

30 yr. fixed: 3.51%
15 yr. fixed: 3%
5/1 yr. adj: 3.24%

But these days, it’s all real, all the time. “I can always spot a faux plant in a design. It may be great initially, but the character of a plant comes from how it organically grows. And
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3 Renovations That Will Help Get Your Home Sold
     When it’s time to sell your house, you want to do it as quickly as possible and for the most money, right? Of course you do. Nobody wants their house to sit on the market and they certainly don’t want to leave money on the table.
      You might not want to think about making renovations to your house because you’re spending money on a place you’re no longer going to live, which means you won’t even be able to enjoy the renovations! But here’s why you should re-think that: Smart renovations can actually help get your home sold quickly and for a higher sales price. Here are three to concentrate on.
      Quartz countertops  Quartz became the preferred choice in countertops several years ago and Elle

An Effective Home Listing Can Get Your Place Sold
     Where are you going to move to next? Will you find another house you love? Will the moving process go smoothly? They’re just a few of the dozens of questions you probably have if you’re getting ready to sell your home and look for another. But first things first: You have to find that buyer! The right real estate listing could make the difference between your home selling quickly, or not at all. 
      You may not have thought much about your real estate listing, but it’s a critical piece of the home-selling pie. Getting it wrong may not necessarily cost you a sale if your home is well-priced, located in a hot area, and you have great listing photos. But it could help you attract the right buyers if done well.
      If you’re working with a good, experienced real estate agent, they are probably already following these tips (and, if not, it might be time for another agent!). Which brings us to our first

Featured Listing:

5 Emily Lane
Fort Myers Beach, FL 33931

Southwest Florida Market Update

Florida Home Sales Are Up By 8 Percent , Prices Up By 4 Percent This Year Over 2018

Housing sales in the third quarter of 2019 were up by 8.1% and median home-sale values increased nearly 4% over 2018's third quarter.  Pending inventory is up too. Pendings represent the number of listed properties under contract at any point in time. With pending inventory rising Sellers should see an even better 4th quarter.  The number of single family homes for sale was at a 3.6 month supply and at a 5.3 month supply for condos.  Anything less than a 6 months supply generally indicates a sellers market.

Interest rates continue to improve.  Rates for a fixed rate, 30 year mortgage averaged 3.67% in the third quarter of 2019, far lower than the 4.57% average during the same period in 2018.  

It is expected that Florida will continue as a top destination for a growing migration of young families, retirees and wealthy tax refugees and businesses alike.  In short it is a great time to be a seller!  

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New Changes for Mortgages in 2020
Financing Investment Properties
Everything You Need to Know About FHA Loans

Ken Tribble GRI CPA
239-229-4770 Direct

RE/MAX Realty Group
7910 Summerlin Lakes Dr.
Ft. Myers, FL 33907

Equal Housing Opportunity

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