Wednesday, December 4, 2019

Tuesday, December 3, 2019

Five Mistakes that Kill Your Home's Value


1. Ignoring Curb Appeal

You shouldn’t host an open house or snap your listing photos before addressing your landscape. If your yard doesn’t cut it, buyers may reject your property from their cars or from behind their screens. And a recent Zillow survey found that curb appeal is one of the top five factors in resale.

Fix it to list it: “To get maximum curb appeal for minimum effort,” Shugrue advises, “you need to maintain the yard, get colorful flowers and put them in nice pots, mow the lawn and handle any brown spots.” These are easy and affordable tasks, whether you hire an expert or do it yourself. You could also add beds, borders and shrubs – the most important elements of a front yard, according to the Houzz 2018 Landscaping Survey.

To get an idea the budget you’ll need, check out our expert-informed look at Tips for Landscaping Your Lawn on a Budget.

2. Avoiding Bathroom Problems

An outdated bathroom is a big faux-pas, but it’s bathtubs and the number of bathrooms that have the most influence right now. reports that 75 percent of buyers want and expect homes with two bathrooms or more. This leaves one-bathroom homes with a limited buyer pool.

And where tubs have been nixed for showers, the pool is further limited. “People tend to want at least one bathtub,” Shugrue says. “It’s not just about being able to relax: What about children? Have you tried to shower a baby? Bathtubs help resale a lot.”

Fix it to list it: A new bathtub itself costs $300 to $3,000, depending on the material. And professional installation adds $500 to $1,600. To add a new bathroom or update an existent one, you should consult with a bathroom remodeling expert. Remodeling projects can be difficult for homeowners to navigate on their own, and there are many ways they can go wrong without expert help.

3. Echoing Another Era

You may think your old-fashioned home has character, but buyers may see that character as a future expense. “Old features are terribly unappealing,” Shugrue warns. “In our competitive market nationwide, buyers are coming up with more money than they might’ve wanted to, and they don’t want to sink money into a home. They want to move right in.”

Features to update include: outdated and busy wallpaper, popcorn ceilings, all-over carpet, wood paneling and flooring with old-school patterns. “If you can remove wallpaper before you sell your home, please do,” Shugrue says. “You’ll make thousands more.”

Fix it to list it: You can try removing wallpaper or popcorn ceilings yourself, but both are messy and time-consuming. And your popcorn ceiling may contain asbestos. Expert popcorn ceiling removal costs $1 to $3 per square foot and wallpaper removal costs 55 cents to $1.50 per square foot.

4. Masking Dirty Truths

Two aspects of your home that are practically invisible but greatly influential are pests and odors. “Odors can ruin a home showing immediately,” Shugrue says. “It’s hard to imagine moving into your dream home that smells of dog or cat. The worst smell for most buyers is smoke. It gets in the drywall and carpets and can be really hard to remove.”

And if you have pests, federal law requires full disclosure to potential buyers. It’s worth your time to handle the infestation before resale.

Fix it to list it: For pests: “Consult with a pest remediation company and handle the problems first,” Shugrue suggests. And get rid of embedded odors with professional services like carpet cleaning or house cleaning.

5. Leaving a To-do List

Leaving repairs and cosmetic work to buyers can be a big mistake. “Most buyers want a move-in ready home, even in our fast-paced market,” says Bret Shugrue, Licensed Agent and Marketing Director at Bogar Pilkington Group with Keller Williams in Englewood, Colo. “If you touch up the paint, clean thoroughly, and get rid of stained or smelly carpets, you’ll make thousands more for hundreds of dollars and some work.”

Look at your property through the eyes of a home inspector: Damaged tile, beat-up cabinets, stained sinks and leaks won’t pass. And they’ll hurt your resale value.

Fix it to list it: Handymen can help with many home maintenance tasks, small plumbing jobs and touch-ups, and most charge between $50 and $100 per hour.

Source: Five Mistakes that Kill Your Home’s Value

Monday, December 2, 2019

City of PSL: December Events

The Events Calendar shows all City-sponsored special events.

Tuesday, November 26, 2019

Low mortgage rates will push home lending to 12-year high - HousingWire


Low mortgage rates will push home lending this year to a 12-year high of $2.07 trillion, the Mortgage Bankers Association said in a forecast.

The volume for mortgages to purchase homes probably will total $1.27 trillion, the highest since the peak of the housing bubble in 2006, according to the group’s Nov. 20 forecast.

Refinancing probably will reach $796 billion, the most since 2016, MBA said.

Mortgage rates unexpectedly tumbled for the first nine months of 2019 as a slowing economy sent investors flocking to bonds. The monthly average rate for a 30-year fixed mortgage dropped to 3.61% in September before rising eight basis points in October, according to Freddie Mac data.

Even at 3.69%, the October rate is more than a percentage point lower than a year earlier.

Sales of existing homes probably will total 5.36 million in 2019, up from 5.34 million last year, the trade group said. New-home sales probably will reach 681,000, up from 615,000 in 2018, MBA said.

The average U.S. rate for a 30-year fixed mortgage likely will remain low at 3.7% in 2019 and 2020, the trade group said. That’s more than a percentage point lower than the 4.8% average in 2018, MBA said.

Home prices probably will gain 4.3% in 2019 from a year earlier, the group said. That’s a slower pace than the 6.1% annual increase in 2018.

MBA bases its home-price forecast on the Federal Housing Finance Agency’s index that measures sales of single-family homes with mortgages backed by Fannie Mae and Freddie Mac.

The homebuilding industry this year will have the highest output in more than a decade, according to the forecast. Builders probably will break ground on 878,000 new single-family homes, up from 873,000 last year, MBA said. That would be the most since 2007, according to data from the Department of Commerce.

Source: Low mortgage rates will push home lending to 12-year high – HousingWire

Monday, November 25, 2019


Denise Medina

> Return to the Our Team page


mortgage - Florida mortgage - Denise MedinaSr. Loan Processor



Denise is a devoted mother of 4 children and has been in the mortgage industry for the past 2 years. She is passionate about her work and aims to provide great customer service.


More Information about buying a home and home mortgages


Mortgage Masters Group
What are the different types of Mortgage Loans



VA.govHome Loans

HUD.govBuying a Home

Friday, November 22, 2019

Harvest Festival, Pineapple Festival, holiday events top things to do this weekend


These are the best events and things to do in Vero Beach, Stuart, Jensen Beach, Fort Pierce and Port St. Lucie.

Indian River County

The 55th annual St. Helen’s Harvest Festival is 5-9:30 p.m. Thursday, 5-11 p.m. Friday, noon to 11 p.m. Saturday and noon to 6 p.m. Sunday at the Jackie Robinson Training Complex, formerly Historic Dodgertown, 3901 26th St., Vero Beach. It has carnival rides, games, bingo and hand-crafted gifts. Food options include fried pickles, chicken and beef kabobs, chicken tenders, chicken Parmesan, hamburgers, fries, turkey drums, pulled pork, pizza, Philly cheesesteak sandwiches, cotton candy, fried dough, corn-on-the-cob, fried apple turnovers, tacos, ice cream and homemade soups, as well as sweet tea and soda. Admission is free. Ride tickets are $1.25 each. For more information, call 772-567-5457 or go to

The 22nd annual Festival of Trees is 10 a.m. to 8 p.m. Saturday and 10 a.m. to 4 p.m. Sunday at Riverside Theatre, 3250 Riverside Park Drive, Vero Beach.Buy Photo

The 22nd annual Festival of Trees is 10 a.m. to 8 p.m. Saturday and 10 a.m. to 4 p.m. Sunday at Riverside Theatre, 3250 Riverside Park Drive, Vero Beach. (Photo: LEAH VOSS/TCPALM)

The 22nd annual Festival of Trees is 10 a.m. to 8 p.m. Saturday and 10 a.m. to 4 p.m. Sunday at Riverside Theatre, 3250 Riverside Park Drive, Vero Beach. It features decorated trees in the Festival Forest, gingerbread houses, wreaths, vendor booths, arts and crafts, live performances, children’s activities in Santa’s Village and a synthetic ice skating rink for ages 2-11. The rental fee is $3. Socks are required. Family night, which includes free pizza for kids and a DJ dance party, is 4-8 p.m. Saturday. Admission is $10 for adults and $5 for children. Dine with Santa, which includes admission, is $22 for adults, $18 for children and free for kids younger than 3 for breakfast at 9 a.m. or brunch at noon. Proceeds benefit Children’s Theatre programming and scholarships. For more information, call 772-231-6990 or go to

The 36th annual Vero Beach Fall Boat Show is 10 a.m. to 5 p.m. Saturday and 10 a.m. to 4 p.m. Sunday at Riverside Park, 3200 Riverside Park Drive. It features boat dealers and suppliers displaying standup paddleboards, kayaks, deck boats, pontoon boats, shallow-water skiffs, personal watercraft, offshore fishing machines, cruisers, marine accessories, services and nautical items. Admission is free. For more information, call 772-562-7922 or go to

The “Frozen 2” VIP Family Event is 1-4 p.m. Saturday at The Majestic 11, 940 14th Lane, Vero Beach. It includes snacks, drinks, raffles, prizes, catered food from Dagwoods Deli & Sub Shop and a private viewing of the new movie. Tickets are $20 for adults and $15 for children, plus tax. For more information, go to

The third annual Vero Vino Wine & Food Festival is 4-6 p.m. Saturday at The Heritage Center, 2140 14th Ave., Vero Beach. Tickets are $50 and include food, wine, beer, a concert and a keepsake wine glass. Proceeds benefit the Education Foundation of Indian River County. For more information, go to



Martin County

The 32nd Jensen Beach Pineapple Festival is 6-11 p.m. Friday, 10 a.m. to 11 p.m. Saturday and 10 a.m. to 6 p.m. Sunday in downtown Jensen Beach. It features carnival rides and food along the midway, pineapple-inspired food and drinks from downtown restaurants; a history presentation about the “Pineapple Capital of the World” at Pineapple Jack’s Bistro; live music by local musicians and bands at the Pineapple Field concert venue next to Tako Tiki; pineapple-inspired art on display at downtown galleries and shops; an arts-and-crafts show from 10 a.m. to 9 p.m. Saturday and 10 a.m. to 6 p.m. Sunday; a pineapple-eating contest; a Bahamian market; and Junkanoo parades at 8 p.m. Friday, 8:30 p.m. Saturday and 4 p.m. Sunday. Admission is free. One-day wristbands for unlimited carnival rides are $20 for 6-10 p.m. Friday and noon to 6 p.m. Saturday and Sunday. All rides have height restrictions. Road closures include Northeast Jensen Beach Boulevard and Northeast Ricou Terrace from Northeast Pineapple Avenue to Northeast Indian River Drive starting at noon Thursday and reopening by 6 a.m. Monday. For more information, go to

Laurie’s Stories: Jensen Beach Pineapple Festival is revamped with homegrown theme

The 32nd Jensen Beach Pineapple Festival is 6-11 p.m. Friday, 10 a.m. to 11 p.m. Saturday and 10 a.m. to 6 p.m. Sunday in downtown Jensen Beach.Buy Photo

The 32nd Jensen Beach Pineapple Festival is 6-11 p.m. Friday, 10 a.m. to 11 p.m. Saturday and 10 a.m. to 6 p.m. Sunday in downtown Jensen Beach. (Photo: JEREMIAH WILSON/TCPALM)

The Sunday Funday 3 at 901hub is noon to 7 p.m. Sunday at 901 Johnson Ave., Stuart. It includes live music by eight local musicians and bands, vendors, food trucks, raffles and children’s activities. Admission is free. Donations are accepted. Proceeds benefit the Treasure Coast Autism Project. For more information, go to

The Play Money Pinball Fundraiser is 5-8 p.m. Sunday at 876 S.W. Federal Highway, Stuart. It has more than 30 pinball machines — mostly from the 1970s, ’80s and ’90s — as well as old-school arcade games, air hockey, Skee-Ball, table shuffleboard and video game consoles. Admission is $15 to play unlimited games, and $5 of admission is donated to the Arruda Animal Wellness Clinic. For more information, go to

Laurie’s Stories: Play Money Pinball features retro pinball machines and arcade games, sells beer and wine

The Mandala Sand Painting opening ceremony at Marker 23 Gallery is 11 a.m. to noon Sunday at Marker 23 Gallery, 4745 Desoto Ave., Port Salerno. The monks from the Drepung Loseling Monastery are creating a Buddhist mandala sand painting, grain by grain. Tickets are $15 each. Cash only. For more information, go to

The final weekend of the 12th annual Festival of Trees & Lights is 11 a.m. to 5 p.m. Friday and 8:30 a.m. to 4 p.m. Saturday at Flagler Place, 201 S.W. Flagler Ave., Stuart. It has about 80 trees, wreaths and holiday decor items on display and available for raffle, silent or live auction. Santa and Mrs. Claus arrive on a fire truck for breakfast and photos from 8:30-10:30 a.m. Saturday. Admission is free. For more information, call 772-220-3439 or go to



St. Lucie County

The fourth annual Brews & Cruise Car Show is noon to 5 p.m. Saturday at Islamorada Beer Company, 3200 Saint Lucie Blvd., Fort Pierce. It features antiques, new cars, trucks, live music and food vendors. Registration is $15 at the door. Proceeds benefit Big Brothers Big Sisters of St. Lucie, Indian River, and Okeechobee Counties. For more information, go to

Comedy with a Cause is 6-8 p.m. Saturday at Side Door Brewing Company, 1419 S.E. Village Green Drive, Port St. Lucie. Admission is free to the stand-up comedy show. Proceeds benefit Mike Glover’s medical expenses. For more information, go to

Laurie’s Stories: Laugh it up at adults-only comedy shows in Vero Beach, Fort Pierce

The Fall Beach Cleanup of South Causeway Park and Museum Pointe Park is 8-10 a.m. Saturday after meeting at the St. Lucie Aquarium at the Smithsonian Marine Station and Ecosystems Exhibit, 420 Seaway Drive, Fort Pierce. Gloves, buckets and pickers are provided. For more information, call 772-465-3271 or go to

Celebrate 11 Years at Vine & Barley from 1-11 p.m. Sunday at 1680 S.W. St. Lucie West Blvd., Suite 101, Port St. Lucie. It features 22 beers from two breweries tapped from 1-4 p.m., as well as live music. Tickets are $30 for unlimited tastings. For more information, go to

Laurie K. Blandford is TCPalm’s entertainment reporter and columnist dedicated to finding the best things to do on the Treasure Coast. Follow her on Twitter at @TCPalmLaurie or Facebook at

Source: Harvest Festival, Pineapple Festival, holiday events top things to do this weekend

Wednesday, November 20, 2019

Building permits at highest level in over 12 years


U.S. homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high.

U.S. homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high, pointing to strength in the housing market amid lower mortgage rates.

The report from the Commerce Department on Tuesday also showed an increase in home completions and the stock of homes under construction, which could help to ease a supply squeeze that has plagued the housing market.

“This is an important report for future homebuyers since one of the largest deterrents to entering the market right now is the lack of robust housing options,” said Bill Banfield, executive vice president of Capital Markets at Quicken Loans in Detroit.

October housing starts rebound, rising 3.8%

Housing starts increased 3.8% to a seasonally adjusted annual rate of 1.314 million units last month, with single-family construction rising for a fifth straight month and activity in the volatile multi-family sector rebounding solidly.

Data for September was revised to show homebuilding declining to a pace of 1.266 million units, instead of decreasing to a rate of 1.256 million units as previously reported. Economists polled by Reuters had forecast housing starts increasing to a pace of 1.320 million units in October.

Housing starts advanced 8.5% on a year-on-year basis in October. Building permits surged 5.0% to a rate of 1.461 million units in October, the highest level since May 2007. Permits were driven by the single-family housing segment, which increased 3.2% to the highest level since August 2007.

Building permits in the populous South region scaled their highest level in more than 12-1/2-years last month.

The housing market, the most sensitive sector to interest rates, has perked up in recent months, catching up to the Federal Reserve’s easy monetary policy stance, which has pushed down mortgage rates from last year’s multi-year highs.

The sector, which accounts for about 3.1% of the economy, however, continues to be hobbled by land and labor shortages.

A survey on Monday showed confidence among homebuilders hovering near a more than 1-1/2-year high in November. Builders, however, complained about “a lack of labor and regulatory constraints,” adding that “lot shortages remain a serious problem, particularly among custom builders.”

U.S. financial markets were little moved by the data.

Broad gains

Housing starts shot up to a more than 12-year high in August. But momentum could slow, with mortgage rates backing up in the last two months.

The Fed last month cut rates for the third time this year and signaled a pause in the easing cycle that started in July when it reduced borrowing costs for the first time since 2008.

While fears of a recession have ebbed in recent months amid a de-escalation in trade tensions between the United States and China, the economy is still slowing amid a deceleration in consumer spending and persistent weakness in business investment and manufacturing.

Homebuilder confidence edges lower in September

The 30-year fixed mortgage rate is currently at 3.75%, still below its peak of 4.94% in November 2018, according to data from mortgage finance agency Freddie Mac.

Residential investment rebounded in the third quarter after contracting for six straight quarters, the longest such stretch since the 2007-2009 recession.

Single-family homebuilding, which accounts for the largest share of the housing market, increased 2.0% to a rate of 936,000 units in October, the highest in nine months. Single-family housing starts rose in the West, Midwest and the South last month. They fell in the Northeast.

Starts for the volatile multi-family housing segment soared 8.6% to a rate of 378,000 units in October. Permits for the construction of multi-family homes increased 8.2% to a rate of 552,000 units last month.

Housing completions vaulted 10.3% to 1.256 million units last month. Realtors estimate that housing starts and completion rates need to be in a range of 1.5 million to 1.6 million units per month to close the inventory gap.

The stock of housing under construction gained 0.1% to 1.161 million units, the most since January.

Source: US housing starts rebound; building permits at highest level in over 12 years