Page 12 - Martin Downs Bulletin - January '22

Page 12, Martin Downs

real estate

Treasure Coast Real Estate everything will be fine once the ships sitting off California costs, as record low mortgage rates have been one of the
Report are unloaded. Don’t believe it. things driving the increasing record high housing costs.
Wage increases also have been driving up prices.
Will this cause a collapse in the housing market like
So have things like the just enacted tariff on Canadian we saw in 2010? Not likely, but it will certainly slow
Will Inflation Finally Catch Up With The lumber. These are not temporary causes of inflation. things down.
Housing Market? Unlike temporary things such as blockages in the product For buyers it should mean that the present lack of
By Jim Weix supply chain, they won’t be going down. inventory of existing homes, and the crazy bidding wars,
Houston, we may have a Since the government can’t allow record inflation to will come to an end. For sellers it will mean that your
problem. continue for too long, they will eventually have to do home won’t sell in one day.
The prices of U.S. something. Raising the federal funds rate is the most Jim Weix is a broker associate with The Keyes
consumer goods have risen effective and it will likely begin in 2022. Company. Jim has 24 years of experience selling real
by more in the last year than Although that might be good news, as interest paid on estate full time. If you have questions or want the services
at any time since the early certificates of deposit, checking and savings accounts will of an experienced expert, you can reach Jim at (772)
1980s. If you remember go up, so will mortgage rates. That will affect housing 341-2941 or jimweix@jimweix.com.
that period, you will also
remember mortgage rates kids Corner
as high as 24 percent.
That was because the
Federal Reserve combated inflation by increasing the
federal funds rate, an overnight benchmark rate that Make Your Child A Better struggling readers continue to need you to be the guide
banks charge each other. Continued hikes in the federal by their side. Many children enjoy reading graphic novels
funds rate pushed 30-year fixed mortgage rates to an Reader such as I Survived or The Baby-sitters Club.
all-time high of 18.63 percent in 1981. Eventually, the Next, recognize and verbalize that you notice your
Fed’s strategy paid off, and inflation fell back to normal By Jim Forgan, Ph.D., child’s struggle. It is alright to say, “I know reading is
historical levels by October 1982. School Psychologist harder for you but you have what it takes to become
Today, factors that the Fed has characterized as Every child needs to a good reader. The more we practice, the better you’ll
“transitory” are persisting along with the health crisis. learn how to read but one in become.” Teach your child to have grit which is the ability
With each new COVID-19 variant or surge in cases, five children have dyslexia to start and stick with a task until it’s finished. Notice
consumer demand for goods swells. This increases costs so it is no surprise that your child having grit in a preferred task and then link it
that are ultimately passed onto consumers. As a result, many kids have problems back to the harder task. You might say, “You really stuck
year-over-year price changes for things like furniture learning to read. Warning with that project and put in a lot of effort to finish it. You
(11.8 percent), appliances (4.9 percent), clothes (5 signs of dyslexia include can have that same kind of grit when it comes to reading
percent), new and used motor vehicles (11.1 percent and having a family member or anything you set your mind to accomplish.”
31.4 percent), and recreational commodities (3.9 percent), diagnosed or suspected Third, if your child and you butt heads during academic
like TVs (7.9 percent) and sports equipment (8.4 percent), to have dyslexia, slow work time, hire a well-qualified reading tutor. It takes
are surging. Home prices in several areas of Florida have reading aloud, difficulty sounding out unfamiliar words, at least twice a week tutoring to make a substantial
gone up over 40 percent. and weak everyday spelling. difference in your child’s reading ability. I have a list
Some in the government would like us to believe that Here are three ways you can help make your child a of specialized reading tutors at JimForgan.com/tutor or
this runaway inflation is only temporary. They claim that better reader. visit the Lindamood-Bell Learning Center in Palm Beach
First, make reading enjoyable and capitalize on your Gardens or the Reading Success Center in Palm City.
child’s interests since when we are interested in a topic it We offer dyslexia, learning disability, IQ, and ADHD/
holds our attention and intrinsically motivates us. Children ADD testing. Learn more at JimForgan.com or call (561)
New Moon who struggle with reading need adults to read to and with 625-4125.
January 2 them well into middle school. While typical readers prefer

First Quarter to read by themselves starting in about fourth grade,
January 9
Full Moon Book Review from page 11 through the pages of this wonderful, important new
January 17 book.
Third Quarter natural wisdom and caring nature – has drawn on all of In addition to being a certified life coach, motivational
January 25 her many years of experience and success with clients speaker, writer and trainer, Dale has a master’s degree
to provide here, as in personal private counseling in physical education and 20 years’ experience working
sessions, the sensible, small, easy-to-take steps that with and training high level athletes in the sport
are so often all that is needed to resolve the problem of women’s gymnastics, including having worked
L
extensively with United States gymnastic teams. I
and set one back on the path to a happy, more relaxed
L AVARGNA AW PLLC and fulfilled life. believe that she brings a “whole person” approach to
Importantly, this is a book you can benefit from
her understanding of human nature and the issues we
reading front page to last ... or by turning to any
“session” whenever you feel the need for advice about all face.
Long retired now, I devoted most of my own career to
. a specific problem. the publishing industry, including 15 years with a major
book company. I have brought publishers and authors
As an interesting and helpful bonus, Dale has added
. Wills and Trusts at the end of each chapter a list of “take-aways” – brief together for books that have sold millions of copies, and
. Probate thoughts to keep in mind from the previous section that in recent years have edited the authors’ manuscripts of
Real Estate Closings
. Business Matters will help you to stay on the right path. 16 books. (I claim no credit for Dale Brown’s book; she
accomplished that on her own.) Yet I can honestly say
After reading Small Steps ... Big Changes, I
purchased five more copies from Amazon and had that I have not read any that will provide wiser, more
them shipped to my five grown grandchildren, four of helpful advice and information than Small Steps ... Big
ANTHONY LAVARGNA whom are married. It was my way of introducing my Changes.
ANTHONY LAVARGNA
Member of the Florida Bar
Licensed in the United States family to a wise woman I had met more than a dozen I highly recommend it – for interesting reading, and
District Court, Southern and years ago – and whom I know will become a valuable for the comfort of knowing it will be there for you should
Middle Districts of Florida
friend-and-advisor-in-print to them in the coming years you ever need its guidance.
Dyslexia, ADD/ADHD,

Gifted Testing

CARRIE LAVARGNA
CARRIE LAVARGNA
Accredited Estate Planner (AEP) NOW OFFERING: Dr. Jim Forgan & Associates
Board Certified
Real Estate Attorney • Jupiter & Stuart Offices Licensed School Psychologist
REAL ESTATE
• Testing for Processing
We provide quality, personal legal services to individuals and www.JimForgan.com
businesses in Martin and St. Lucie Counties and Problems, Anxiety,
throughout the Treasure Coast. Defiance (561) 625-4125
1805 S. Kanner Highway, Stuart Financial Center, Stuart, FL 34994 • Weekend and After
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772 286 7521
- REAL ESTATE PRACTICE TIP - School Appointments

If you rent commercial o ce, retail, or warehouse space, Florida sales tax rate to use
commercial real property decreases to 5.7% on January 1, 2019. The local discretionary

sale surtax still applies. This decrease does not apply to parking or storage of motor “Helping Parents Help Children”
vehicles, docking or storage of boats or tie-down or storage of aircraft.