Treasure Coast Real Estate News & Market Insights

This Treasure Coast real estate blog originated out of a need to provide valuable Treasure Coast real estate market information to our clients and website visitors. The tips, trends, news articles, market updates, and informational pieces you find on this site are our original content, and we take a lot of pride in being about to offer you expert information about the Treasure Coast real estate market. If you have any thoughts, ideas, or questions about anything we post here, we'd love to talk with you!

March 17, 2020

ZERO Percent Mortgage Interest Rates?! Not Quite

While Treasure Coast homebuyers shouldn't expect mortgage interest rates to drop to zero anytime in the near future, there is still opportunity on the horizon.

Many homebuyers aiming to get pre-approved for a mortgage were undoubtedly excited to hear of the Fed cutting rates to 0% in its recent move towards quantitative easing. The rate cut in and of itself, however, isn't going to lead to a drop in mortgage interest rates. As most homebuyers saw, interest rates actually increased on Monday. Rates are still at historic lows, however, and there are many people on the Treasure Coast wondering how they can take advantage of these rates and what may happen in the coming days, months, and years.

Treasure Coast HomeIt's important for anyone interested in Treasure Coast real estate to remember that the Fed has cut rates to 0% in the past. It did so starting in 2008 and the median interest rate for mortgages was 4.2%. Remember that the Fed rate is the rate banks pay to borrow money, but that number isn't directly indicative of what rate any individual homebuyer will get. While rates are expected to drop by many experts, monetary policy from the Fed historically takes time to make splashes. 

The Federal Reserve's purchase of at least $200 billion in mortgage-backed securities is another side of the coin which most experts believe will help strengthen the mortgage market to keep rates low. If it weren't for this move, private investors on the secondary mortgage market may see the investments as too risky to take on at such a low rate. Since mortgages are long-term debts, the rates can be higher than short-term rates, like the federal funds rate, since they're seen as having more risk.

For those searching Treasure Coast homes, there is certainly potential for mortgage interest rates to drop. If you're looking to refinance or buy a home on the Treasure Coast, rates are still at historic lows and there are great terms to be taken advantage of. If you're looking to get pre-approved, buy a home, or just have questions about how these recent events will effect you, reach out to us. We're always at your disposal for any thoughts, questions, or needs regarding Treasure Coast real estate.

Feb. 26, 2020

House Hacking 101: Treasure Coast Real Estate Investing

Learn how to use Treasure Coast real estate to "House Hack" your way to a mortgage-free property and financial freedom.

A growing trend for today's homeowners is a method where you search for real estate with more bedrooms or units than you need so that you can rent out the others to minimize, or even eliminate, your mortgage payment. This strategy, known as "house hacking", allows individuals to own real estate, live affordably, and get on their way to passive income and financial freedom. This real estate investment strategy works for families, individuals, and anyone with zero real estate investing experience. Owning a home, reducing your payments, and having passive income are more achievable than most people think - and house hacking is one of the most powerful techniques to get there.

Getting Started: House Hacking for Real Estate Investing

House Hacking Real eState InvestmentThe first step in house hacking is getting pre-approved for a mortgage; if you haven't, we can connect you with a great local lender. Most income-producing real estate properties rely on a predictable mortgage payment with fixed interest rates. Fortunately, as an owner-occupant, you get ideal financing terms including lower downpayment requirements & lower interest rates.

From that point, its a matter of searching for the best real estate investment that matches your needs. We help our clients analyze the numbers and consult with them on what their income, expenses, and other concerns might be. The more committed and focused you can be on what type of investment property you want, the easier and more successful your search will be. 

Creative Real Estate Investing Ideas for House Hacking

One of the most common methods of house hacking is buying a home with extra bedrooms or a mother-in-law suite. If you're a single person or couple, you can take the master and rent out the other rooms to friends, co-workers, or family members. Not every property will work as well for every person, so it's important to think about what's best for you. If you're buying Treasure Coast real estate, another popular route is buying a duplex or other residential multi-family unit (4 units or less). Here are some great ways to get cash flow with your property:

  • Multi-family Properties (duplexes/triplexes/quadplexes)
  • Spare Bedrooms in your Home
  • Trailers or RVs
  • Accessory Dwelling Unit (ADU): any functional, rentable space including converted garage, basement, mother-in-law suite, tiny homes, etc.)
  • Parking Spaces

This is a basic overview of a growing technique for those that want to invest in real estate on the Treasure Coast. If you have more in-depth questions, contact us today and we can address your questions, thoughts, and ideas. 

Posted in Tips & Advice
Dec. 10, 2019

The Most Affordable New Construction Homes in Treasure Coast Cities

See how far your dollar goes along the Treasure Coast with the cheapest new homes for sale in the most popular areas.

new home buiding palm city flBrand new homes can always be appealing for homebuyers, especially with their prices today being very comparable to existing homes for sale. While there are pros and cons to every property, one main draw to buying a brand new home is that you can typically work with the builder during construction to determine the styles, finishes, materials, and other items that make your home fit your taste. On top of that, you get a home with fixtures and appliances that have not been used by anyone else and typically even come with a manufacturer's warranty. Insurance rates for new construction homes are also notoriously low, which can really help bring down your monthly liability. 

Here are a few of the cheapest new construction homes for sale in the most popular Treasure Coast markets right now. If you have interest or questions, we are always at your disposal on our contact us page.

Port Saint Lucie New Construction Homes

$184,800 - 1879 SW Grant Avenue, Port St. Lucie, FL 3495

$208,990 - 417 SE Seahouse Drive, Port Saint Lucie, FL 34983

$215,990 - 649 NW Fairhaven Drive, Port Saint Lucie, FL 34983

New Home for Sale Stuart Fl

Stuart New Construction Homes

$270,000 - 5032 SE Flounder Avenue, Stuart, FL 34997

$208,990 - 7511 SW Harbor Cove Drive, Stuart, FL 34997

$208,990 - 4630 SW Ardsley Drive, Stuart, FL 34997

New Homes for Sale Palm City FL

Palm City New Construction Homes

$380,000 - 3440 SW Blackberry Lane, Palm City, FL 34990

$485,000 - 2511 SW Berry Park Circle, Palm City, FL 34990

$689,000 - 709 SW Squire Johns Lane, Palm City, FL 34990

Jensen Beach FL New Construction Real Estate

Jensen Beach New Construction Homes

$379,000 - 3022 NE Crescent Street, Jensen Beach, FL 34957

$380,000 - 4565 NW King Court, Jensen Beach, FL 34957

$792,523 - 2535 NE Evinrude Circle, Jensen Beach, FL 34957 


We will be adding listings in Fort Pierce, Hobe Sound, Tequesta, and Jupiter down the line, but wanted to send the busiest markets first. If you have any questions about building a home, or buying a new home, contact us at any time!


Posted in News
Nov. 19, 2019

Port Saint Lucie Among Fastest Growing Cities in America

Port St. Lucie real estate has seen a large increase since the early 2000s, largely due to the population more than doubling since then.

Port Saint Lucie ranks 6th among the 25 fastest growing cities in the U.S. since 2000. The population has grown from 88,769 to 178,778 in nearly two decades. With the cost of living still 3% below the national average, and real estate values staying affordable, there is still a strong draw to the area from those living in neighboring counties and other states. Homes for sale in Port St. Lucie have a median price of $238,000, which is over $100,000 less than comparable homes in Martin, Broward, and Palm Beach Counties.

Real Estate in Port St Lucie

According to the report from 24/7WallSt, the fastest growth occurred between 2000 and 2010 and has leveled out to more sustainable levels of growth since then. Two other cities in Florida were also in the top 25: Miramar (11th) and Cape Coral (18th).

Aside from attractive Port St. Lucie real estate values, there are multiple other factors crediting the pull of those moving to the booming city. The close proximity to major cities allows for quick commutes with I-95 and the Florida Turnpike going through the city. According to city officials, the city's small-town feel can enjoy some credit as well. With major infrastructure occurring across Port St. Lucie and new home construction at an all-time high, the growth appears to be sustained for the foreseeable future.


Posted in News
Nov. 15, 2019

King's Landing Unanimously Approved for $85M Project on Prime Fort Pierce Real Estate

King's Landing aims to create a walkable hotel-retail-condo village with "Old Florida Charm" on valuable Fort Pierce real estate.

The City Commission in Fort Pierce voted unanimously on Thursday to select Audubon Development to reinvent a 7-acre parcel between Indian River Drive and Second Street. The $85 million project will strive to create a "walkable, strollable development that meshes well with existing downtown buildings" according to Audubon CEO Dale Matteson. With Fort Pierce real estate on the rise in past years, the real estate development could further increase home values and investment in the city.

King's Landing Fort Pierce

Photo: Audubon Development

According to Audubon Development, the pedestrian-friendly village will contain 60 condominium units, 8 courtyard homes, 12 townhomes, a 120-key Marriot hotel, 20,000 square feet of restaurant space, and 40,000 square feet of retail space. Matteson said that the Fort Pierce condos would sell for at least $300,000. There will be an estimated 752 constructions jobs created during the three years it will take to complete the project. 

Fort pierce King's Landing

Photo: Audubon Development

King's Landing comes to a city that has seen a large influx of attention and investment, and homes for sale in Fort Pierce continue to see a rise in the median sales price. Matteson hopes that the development of King's Landing will "energize downtown" and understands their goals need to be different than some of their other projects in West Palm Beach or Las Vegas. The company's goal is to capture the character of Fort Pierce 

The next step for the City of Fort Pierce is to negotiate on whether or not the land for the project will be donated and determine what, if any, tax abatements will be given to the company. The commission has expressed confidence in the ability to attract people to the charm and character of Fort Pierce that keeps people as vested citizens of the city.

Read more about King's Landing:

Posted in News
Oct. 1, 2019

Treasure Coast Real Estate Market Update!

The newest real estate market statistics for St. Lucie and Martin Counties so you can see exactly how the market is acting. 

Martin County Real Estate Information


St. Lucie County Real Estate Information

If you have any thoughts, questions, or ideas regarding the latest market stats, contact us at any time!

Posted in Tips & Advice
Sept. 27, 2019

Seller's Market vs. Buyer's Market - Know the Difference!

Understand what time of real estate market you're in and what it means for you and your goals.

There is a lot of confusion between these two terms, and we see it a lot when dealing with potential clients. Most of the public seems to think that when prices are up, we are in a Seller's Market, and vice versa for the Buyer's Market. While the market values of real estate can certainly be a testament to which type of market you're in, there is much more to think about to make an informed and accurate assessment.

Seller's Market

A "Seller's Market" is characterized by an increase in demand for real estate which causes there to be more buyers in the market than there are homes for sale. 

  • Lowering Interest Rates - as interest rates decrease, buying power will increase, creating more homebuyers and possibly enticing others to capitalize on the low borrowing cost. If there is a fear of rates increasing, many buyers will be afraid of missing out on the lower rates and start their home search.
  • Positive Economic Outlook & Productivity - when potential homebuyers feel confident in the market, or labor forces increase in an area, this tends to influence home sales. New businesses can attract an influx of residents who will also have an impact on the real estate market.

How to Buy in a Seller's Market

  • Be Pre-Approved & Know Your Goals - talking to a good local mortgage lender and getting pre-approved is the first step in buying a home. It gives you hard numbers and figures so you can know what you will pay and what your costs will be. If you have questions about getting connected with a good mortgage lender, go to our Treasure Coast Mortgage Pre-Approval page and we'll help you out.
  • Stay Vigilant and Flexible - the perfect home at the perfect price could come up and you might have to take an hour or so out of work, or during your lunch break, to go see it. The best homes sell very quickly in a Seller's Market, so expect to be one of the first to see it. If you see a home on the Treasure Coast MLS Search that looks interesting, you can request a tour right from that page to ensure you're getting in ASAP.
  • Make a Strong Offer - the first side of this is the numbers: have a strong purchase price (it's not uncommon to pay over asking price in a seller's market) and ensure you're financing and escrow deposit depict you as a capable buyer. On the other side, capitalize on tactics to tug at their emotions. Write a letter to the owner with a picture of your family, tell them how you see yourself and your growing family in the home, etc.

Buyer's Market

A "Buyer's Market" is a situation where the supply of homes for sale exceeds the demand for houses in that market. In these circumstances, sellers find themselves with more competition than usual, leading them to be more flexible on their sales price. Some of the most common causes of Buyer's Markets include:

  • Rising Interest Rates - as interest rates rise, buying power goes down and the number of homebuyers in any given real estate market decreases.
  • Increased Inventory - many sellers wanting to unload their properties at once can cause an imbalance in the real estate market. New developments and new construction homes can also cause a boost in inventory that can create especially lower prices for older or functionally-obsolete homes.
  • Fear or Uncertainty - living in Florida, the potential for hurricanes or flooding can create a lack of demand for homes in certain area or methods of building. Many weary homebuyers will look for newer homes built to the most recent codes to hedge any risk. General market uncertainty can also inhibit home purchases; when people are afraid the market will drop, they are hesitant to spend more than they could at another time.

How to Sell in a Buyer's Market

  • Price your Home Correctly - in a highly-competitive market, there is no "wiggle room" in pricing. Any fluff in your price tag could be the difference between a potential buyer scheduling a showing and turning elsewhere.
  • Market your Home like HGTV - Stage your home beautifully for showings (think sight and smell) and spend time on curb appeal that will be the first impression. Get stunning professional photography to show your home in it's best light. If you plan to list your home, contact us to ensure you'll have a top Treasure Coast Realtor to deal with the 9-to-5 marketing and prospecting that it takes to sell homes in difficult times.
  • Be Accommodating and Flexible - some buyers might have to see the home first thing in the morning or during your family dinner time; aim to be as flexible as possible. Remember, no one can make an offer on a home they haven't seen.

I hope this information was valuable for you. This is another topic that I find myself discussing constantly with clients and I feel it is worth sharing with anyone else who may be interested. If you have any thoughts, questions, or ideas about the real estate market on the Treasure Coast, we're always at your complete disposal. 

Posted in Tips & Advice
Sept. 25, 2019

When is the Right Time to Buy a Home?

Buying a home is probably the most important investment you'll make in your lifetime. Make sure the market, your finances, and your goals are aligned so you can make the best real estate purchase possible.

This is probably the most common question we get from clients when we begin the real estate search process. We all want to know if now is really a good time to buy a home, but the question doesn't have one simple answer. While there are websites that will tell you that you can save a few bucks by buying a home during a certain season, month, or even day of the week, there are more individual, intimate factors to we need to take into account. For every home buyer, just as with every home seller, there are different circumstances, motivations, goals, and financial capabilities that are critical to determining if now is the right time for you to purchase a home. That being said, here are the main things to consider so you can answer the question for yourself.

Keys to New Home

Treasure Coast Real Estate Market Conditions

When most people ask the question of whether now is a good time to buy real estate, they are usually asking about the health and stability of the real estate market. For example, right now the Treasure Coast has seen a slight rise in median sales prices and those shopping for properties want to make sure they aren't overpaying. On the flip side, interest rates are at record lows, which means that many buyers are saving tens of thousands of dollars compared to other more recent rates. You'd also want to take into the costs of not buying a home (i.e. renting or risking that the market continues to rise).

One thing to consider is that as long as you determine when you sell your home, we can work together to ensure you list your home for sale when the market is primed for you to make the most money possible. When homes are sold for less than the owner owes on the home, it is usually due to the owner being forced to sell because of financial constraints, family illness, job move, etc. Therefore, you want to start by ensuring you are comfortable with your budget and the monthly liability of owning a home. From there, it's up to us to negotiate the best deal possible for your house and when you decide to sell, we can gauge when the time is right for you to net the most money possible.

Financial Situation of the Home Buyer

In between your goals and the conditions of the real estate market is your financial standing. Getting pre-approved for a mortgage is the first step, ensuring that you are comfortable with the costs and monthly liabilities of what you will spend. From there, we would gauge what your options will be based on your criteria. The perfect home might mean saving up for another six months or having to spend some time repairing a credit score to ensure you're getting the best deal possible. You might also feel more comfortable settling for a more affordable home that doesn't fit all of your criteria. Once you have a budget or a roadmap to get there, you have options, expectations, and flexibility. Having the power and knowledge to make these decisions is the first step to deciding if you want to buy a home or wait until a more appropriate time.

How Buying Real Estate Impacts Personal Goals

Remember that if you are forced to sell your home at a certain point in time, there is a risk that the market might not be in your favor. If you see yourself moving for a job or to be closer to family in the near future, buying a home might not be the best decision. If you don't plan to live in a home for at least a couple of years, the costs of purchasing the property could be more costly than renting. If your goal is to build a rental portfolio and keep the home as an investment after you move out, that is an avenue that could make this short-term situation profitable.

If you don't plan on moving in the near future, I would ask you to imagine the perfect home that fits your budget, checks all of the boxes for you and your family, one that you will grow old in and never sell. When is the right time to buy this home? The answer is any time it comes available. There are certain things - comfort, security, and pride of ownership - that the market simply cannot put a price on for us. These more abstract and emotional aspects are what make this such a different and personal decision for every home buyer.


In closing, there is no single answer to the question "When is the right time to buy a home?" Each situation is different, and your answer will always start with the goals of you and your family. From there, we talk about how the market is acting and what your financial capabilities will allow. If you'd like to discuss this topic further, leave us a comment below, or call us at any time. We are always at your complete disposal for any thoughts, ideas, or questions regarding Treasure Coast real estate.

Posted in Tips & Advice
July 30, 2019

St. Lucie Real Estate Market Update!

St. Lucie FL Homes for Sale spend 1/3 More Time on the Market Compared to Same Time in 2018.

With inventory in the St. Lucie real estate market increasing by nearly 20% compared to last year, homes are spending over 30% more time - nearly two weeks - on the market. Increased new construction homes in Port St. Lucie have led to more competition for active listings. Those wanting to sell a home in Port St. Lucie have encountered this bottleneck while still being well ahead of the national average in the median days to contract and median sales price. If you have any thoughts or questions, reach out to us today!

St. Lucie Real Estate Market Update

Posted in Tips & Advice
July 29, 2019

Market Update: Martin County FL Real Estate

Martin County Real Estate Enjoys Median Sale Price Increase as Inventory Remains Constant.

Those looking to buy Martin County homes will be interested to see that the area is still encountering a balanced market. Increased demand has led to a slight rise in the sales price of real estate in Martin County although there is not much of a change in the level of inventory. With interest rates expected to decrease, there could be another rise in home-buying in the Martin County real estate market. If you have questions about this information, reach out to us at any time!

Martin County Real Estate News

Posted in Tips & Advice