Nick Stultz - Realtor
11/03/2022
Still on market at a killer price!!
$260k for a 3/2 with a ton of upgrades, and a new roof! Contact me for more info โ
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97Park, Residential & Commercial Real Estate
Bring your buyers!!๐ก
The previous buyer didnโt qualify for loan approval, so weโre back on market with a $10k price reduction!
Donโt miss out on a chance to own a 3 bedroom single family house for under $300k in St Augustine! โ
Please click on the link in my bio, and contact me for any info!
Cell: 904-392-5793
Email: [email protected]
97Park, Residential & Commercial Real Estate
10/20/2022
Bring your buyers!!๐ก
The previous buyer didnโt qualify for loan approval, so weโre back on market with a $10k price reduction!
Donโt miss out on a chance to own a 3 bedroom single family house for under $300k in St Augustine! โ
Please click on the link in my bio, and contact me for any info!
Cell: 904-392-5793
Email: [email protected]
97Park, Residential & Commercial Real Estate
10/19/2022
This was an interesting article I found about buying a home in this market.. the big question isโฆ is it still worth it?? Short answer, absolutely!! โ
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โWhile the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession.
Youโre likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb. The pinch itโs creating on your wallet and the looming economic uncertainty may leave you wondering: โshould I still buy a home right now?โ If that question is top of mind for you, hereโs what you need to know.
Homeownership Is Historically a Great Hedge Against Inflation
In an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising costs because you can lock in whatโs likely your largest monthly payment (your mortgage) for the duration of your loan. That helps stabilize some of your monthly expenses. James Royal, Senior Wealth Management Reporter at Bankrate, explains:
โA fixed-rate mortgage allows you to maintain the biggest portion of housing expenses at the same payment. Sure, property taxes will rise and other expenses may creep up, but your monthly housing payment remains the same.โ
And with rents being as high as they are, the ability to stabilize your monthly payments and protect yourself from future rent hikes may be even more important. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains what happened to rents in the latest inflation report:
โInflation refuses to budge. In September, consumer prices rose by 8.2%. Rents rose by 7.2%, the highest pace in 40 years.โ
When you rent, your monthly payment is determined by your lease, which typically renews on an annual basis. With inflation high, your landlord may be more likely to increase your payments to offset the impact of inflation. That may be part of the reason why a survey from realtor.com shows 72% of landlords said they plan to raise the rent on one or more of their properties in the next year.
Becoming a homeowner, if youโre ready and able to do so, can provide lasting stability and a reliable shelter in times of economic uncertainty.
Bottom Line
The best hedge against inflation is a fixed housing cost. If youโre ready to learn more and start your journey to homeownership, connect with a real estate professional today.โ
Article from-
Keeping Current Matters
So if youโre in the market to buy right now, donโt hesitate to contact me!
97Park, Residential & Commercial Real Estate
Cell: 904-392-5793
Email: [email protected]
10/03/2022
Back on market!!
Buyer couldnโt secure financing.
This is a wonderful single family house under $300k!
09/28/2022
Our mighty Downtown St. Augustine office is prepped & ready for the effects of ๐๐ฎ๐ซ๐ซ๐ข๐๐๐ง๐ ๐๐๐ง! โ This is what having experience with downtown flooding in the past gets you. Stay safe & dry out there Northeast Florida! ๐๐ผ
Here's what measures we've taken to prepare our building for ๐ฆ flooding:
- Caulked the doors
- Sealed doorways with waterproof tape
- Elevated our furniture
- Protected furniture legs from water damage
๐ก Ready to buy or sell a home in Northeast Florida? Contact us today:
______________________________________
๐ (904) 297-3471
๐ฅ www.97Park.com
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Address
62 Hypolita Street
Saint Augustine, FL
32084
Opening Hours
| Monday | 9am - 5pm |
| Tuesday | 10am - 5pm |
| Wednesday | 10am - 6pm |
| Thursday | 10am - 5pm |
| Friday | 10am - 6pm |
| Saturday | 10am - 6pm |
| Sunday | 12pm - 5pm |
11/07/2022