Page 10 - Palm City Spotlight - September '20
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Page 10, Palm City Spotlight                                                                                         DOUBLE SPACE

                                                           real estate




      Treasure Coast Real Estate                         homes for sale. Any property just coming on the market   They also needed to submit either a pre-approval letter
      Report                                             will generate a lot of interest, so a buyer will need to act   for financing or proof of funds. I then met them there with
                                                                                                           fresh face masks, gloves, and wipes. They were instructed
                                                         quickly.
                                                           Although  the  COVID-19  hasn’t  dampened  buyer   to wipe down every surface that they touched.
      The Real Estate Market Is Booming, If You          interest, it seems to be giving potential sellers pause. I     Yes, I got fewer showings, as I eliminated those people
      Can Find A House                                   spoke to a dozen people that had expressed a past interest   on a tire kicking expedition. I only had two showings that
                                                         in  selling. They  explained  that  they  were  reluctant  to   first week, but both potential buyers were serious. It was
      By Jim Weix                                        put their home on the market due to concerns of having   sold for asking price to one of them.
        OK,  I’ll  start  with  the                      a bunch of people go through their homes. It is pretty     Unfortunately, the COVID-19 issue will be with us
      positive  news:  the  market                       hard to overcome that objection, as it is a very legitimate   for some time. Yet, with mortgage rates at a record low,
      is  hot,  if  you  are  a  seller.                 concern.                                          now is a good time to buy or sell a home. The good news
      Pending  home  sales  in                             I  had  one  seller  with  a  preexisting  lung  condition,   is that thanks to technology much of the process can be
      Martin  County  were  up                           where catching COVID-19 could be a major problem,   done on your computer.
      57.5  percent  in  June  over                      yet they needed to sell their home now. Waiting was not     Jim Weix is a broker associate with The Keyes
      the June a year ago. Prices                        an option.                                        Company. Jim has 24 years of experience selling real
      were also up.                                        To  minimize  the  risk,  I  had  my  standard  3-D  self-  estate full time. If you have questions or want the services
        Once Florida’s pandemic                          guided walk through video. Buyers wanting to physically   of an  experienced  expert,  you  can reach Jim  at (772)
      shutdown ended; the buyers                         view the property were required to first view the video.   341-2941 or jimweix@jimweix.com.
      couldn’t get contracts filled
      out  fast  enough.  It  was  not  unusual  for  sellers  to  get
      multiple offers. Some sellers got more than their asking
      price.
        After that initial burst of activity, sellers just putting
      their home on the market often sold it in less than a week.
      I listed one condo in Pine Ridge and it was under contract
      before  I  could  even  get  the  professional  photographer
      over there the next afternoon.
        This is great news for sellers. They can put their home
      on the market, and if it is priced correctly, they can expect
      it to sell quickly.
        The bad news is that buying a home can be a challenge.
      I  know  one  Realtor  that  likes  to  say,  “If  you  snooze;
      you lose.” As it is right now, buyers can’t even put their
      head on the pillow, let alone snooze. That is because the
      surge in sales has depleted an already low inventory of                Sale  Ga ery Now Ope


































 When it comes to your to-do
 list, put your future fi rst.



 To fi nd out how to get your fi nancial
 goals on track, contact your Edward
 Jones fi nancial advisor today.






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