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Joseph Schutz
77 followers -
In real estate there's no substitute for experience!
In real estate there's no substitute for experience!

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Mortgage rates increase again, and are expected to increase several more times in 2018.

At the current 30-year fixed rate, you’ll pay $511.45 each month for every $100,000 you borrow, up from $509.06 last week.
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If property values start to fall, banks could stop writing 30-year mortgages for coastal homes, shrinking the pool of able buyers and sending home values down. Those properties make up a quarter of Ft Lauderdale's tax base; if that revenue fell, the city would struggle to provide the services that make it such a desirable place to live, causing more sales and another drop in revenue.
And all of that could happen before the rising sea consumes a single home
As President Donald Trump proposes dismantling federal programs aimed at cutting greenhouse gas emissions, officials and residents in South Florida are grappling with the risk that climate change could drag down housing markets.
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Click to watch the video...If you have the luxury of being flexible when deciding to sell, wait until equity has built up in your home.
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Sea-level rise is no longer a matter of 'IF,' but 'WHEN'. Buyers of waterfront properties are increasingly becoming more aware of this inevitability—and as that happens, coastal housing values will begin to fall. This is expected to happen gradually over the next 80 years, but the impact may be felt as soon as the next perfect storm.
If you wish to list your Ft. Lauderdale waterfront property for sale before the inevitable fall in property value occurs, call me at 954-461-7895 for a consultation.
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Just Reduced! Meticulously renovated 3/2 house with pool on 80 ft of deep water for your yacht. This unique open floor plan features a spectacular great room open to the kitchen with serene water views from almost every room. This is the perfect house for entertaining your guests. New impact windows, beautiful Jerusalem travertine floors and new baths make this house seem like new construction. Over $110,000 in renovations.
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Just Reduced!

$1,299,999

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Oceanfront condo avail for rent. $3,800/mo
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Virtual Tour
3100 NE 56th Ct
Ft Lauderdale, FL 33308
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