Use This Spring Clean-Up Guide To Enhance Your Home’s Curb Appeal

Home Values Recover To Pre-Recession Values, Making It A Great Time To Sell

The Great Recession was one of the most challenging times in US history. The US lost nearly 9 million jobs, unemployment nationwide hit an astounding 10%, and housing prices fell a whopping 33%, causing American households to lose of $16 trillion dollars in net worth.

But luckily, the economy started improving in 2010. The GDP grew an impressive 19% from 2010 to 2017, and the economy added jobs for a record-breaking 88 consecutive months, recovering all the jobs lost during the recession. Not to mention, unemployment fell to 4%.

But one area that was a bit slower to recover was home values. Many homeowners who lost a significant portion of their home’s value in the recession have been hesitant to sell—especially if they purchased their home when prices were high.

But according to Evaluating The Housing Market Since The Great Recession, a recent report from CoreLogic, homeowners who lost value in their homes during the recession finally have something to celebrate. According to the report, the average house price is now 1% higher than it was at the peak of the real estate market in 2006, growing 51% since bottoming out in 2008.

The Takeaway

If you’ve been waiting to sell your home for it to recover its pre-recession value, now is the time to make a move. Not only have housing prices recovered to their peak values, but the inventory crisis is driving up prices, making it the perfect market to finally sell your home.

 

Did you know…

A CDD is a Community Development District. The CDD Fee pays for the cost of the new roads, road improvements, schools, etc. Basically, the fee covers infrastructure improvements.

The builder puts the cost of the infrastructure improvements such as roads, maintainence, sidewalks, sewer, schools, parks, community pools, tennis courts etc. into a BOND. The bond is split amongst the homeowners until it is paid off, generally, 25-30 yrs.

The bank, where the municipal bonds are purchased and held, work directly with the CDD Management company to provide information (investor information/individual contribution/etc), balance/sum of the bonds, refinancing, etc. Therefore, your best bet would be to contact the CDD management company.

A common misconception is that once the municipal bonds are paid off; the homeowner no longer has to pay CDD fees – this is not correct. CDD Fees are comprised of O&M (Operation & management fees), Municipal Bond Fees (the portion that is allocated toward repayment of the actual municipal bonds), and county taxes. Therefore, once the Municipal Bonds are paid in full (typically a time frame between 20-35 years -unless there is a refinance), the homeowner’s CDD fees will be the sum of O&M and county taxes (their payment will no longer include the previous amount allocated for repayment of the Municipal Bonds).

For example: A homeowner’s annual CDD fees = $4,000.00. $2000 is allocated for county taxes, $1000 is allocated toward O&M, and $1000 is allocated toward repayment of Municipal Bonds. Once the Municipal Bonds have been paid in full (and providing in this example that taxes and O&M costs remain the same), the homeowner’s annual CDD fees would reduce to $3000.00 (since they no longer have to pay the $1000 previously allocated toward the repayment of the municipal bonds).

PAULA WYNN – REALTOR® at EXIT Real Estate Gallery (904) 502-9432. Paula services the entire northeast Florida area which consists of Jacksonville, Orange Park, Green Cove, Middleburg, Lake Asbury, Jacksonville Beaches, and surrounding areas. With Paula Wynn, your real estate transaction is always a win!

Fleming Island Open House

You are invited to tour this beautiful home in Eagle Harbor.

Saturday, March 31, 2018

11am – 3pm

Come see what the Easter Bunny left for you in the Easter basket!

 

 

PAULA WYNN – REALTOR® at EXIT Real Estate Gallery (904) 502-9432. Paula services the entire northeast Florida area which consists of Jacksonville, Orange Park, Green Cove, Middleburg, Lake Asbury, Jacksonville Beaches, and surrounding areas. With Paula Wynn, your real estate transaction is always a win!

Pool home in Fleming Island, FL

This magnificent pool home is filled with extras from the sauna in the master bath to the central vac system to the ”Big Green Egg” smoker. Featuring 4 bedrooms and 3.5 baths this 3400 sq ft home is spacious and comfortable. With 3 sets of french doors leading to the enclosed pool where there is also a beautiful summer kitchen, you will have access from every part of the home. For safety, this home also has hurricane shutters on the upper windows. Both the indoor and outdoor kitchen feature granite countertops and gas cooktops. You will also have access to all of the Eagle Harbor amenities. Give me a call for a private tour 904-502-9432.

 

PAULA WYNN – REALTOR® at EXIT Real Estate Gallery (904) 502-9432. Paula services the entire northeast Florida area which consists of Jacksonville, Orange Park, Green Cove, Middleburg, Lake Asbury, Jacksonville Beaches, and surrounding areas. With Paula Wynn your real estate transaction is always a win!

Argyle Area Civic Council Meeting

The Argyle Area Civic Council meets on the 4th Monday of every month at 7:30 pm at the Good Shepard Lutheran Church at 6551 Argyle Forest Blvd Jacksonville FL 32244. Councilman Jim Love will be updating us on all the issues related to our area and I will be providing an update on the real estate market specific to the Argyle area. Argyle Civic Council Meeting.png

 

PAULA WYNN – REALTOR® at EXIT Real Estate Gallery (904) 502-9432. Paula services the entire northeast Florida area which consists of Jacksonville, Orange Park, Green Cove, Middleburg, Lake Asbury, Jacksonville Beaches, and surrounding areas. With Paula Wynn, your real estate transaction is always a win!

Jacksonville Walking Tour

This tour of downtown Jacksonville with Jacksonville Walking Tours a division of AdLib Luxury Tours & Transportation, Inc. is filled with unexpected surprises. The underground tunnel is one of the most intriguing historic areas of downtown Jacksonville. If you have not experienced this tour I urge you to click on the link above and schedule your tour. I have lived in Jacksonville for over half of my life and I had no idea that some of these areas existed.

 

We also learned some of the future plans for the downtown area. We toured the Florid Theatre and learned about the plans to replace all the seating in the theatre. Did you know there are only 2 companies that create replicas of this type?

 

 

PAULA WYNN – REALTOR® at EXIT Real Estate Gallery (904) 502-9432. Paula services the entire northeast Florida area which consists of Jacksonville, Orange Park, Green Cove, Middleburg, Lake Asbury, Jacksonville Beaches, and surrounding areas. With Paula Wynn, your real estate transaction is always a win!

 

 

 

 

Thank You

I would like to take a moment to thank everyone who had a impact large or small, on my business last year. I set out on a journey of which I wasn’t sure I could accomplish but knew deep in my heart that I wanted, no needed to try. While I did not reach every goal I met most and I accomplished more than I ever thought possible.

Thank you to my customers, without you there would be no business. Many of you became close friends and I value everyone of you.

Thank you to my family who have supported me, helped me, listened to me and sacrificed so I could live my adventure.

Thank you to my many friends in the real estate world who have taught me, listened to me, kicked my butt, and supported me.

Thank you my dear friend Key Yessaad. If it weren’t for you I would not be where I am today. I can believe that simple phone call to you asking about SEO turned into a new life. Thank you for all the coaching and advice. Thanks for always telling me the truth, even when it wasn’t always something I wanted to hear. Thanks for always holding me accountable and encouraging me to be courageous even when it wasn’t easy or popular. Thanks for pushing me to believe in myself and to have expectations for myself. Thank you for all those hours of phone calls that have lead me to where I am. But most of all thank you for believing in me even when I didn’t. You will always be my mentor, my inspiration and mostly my friend.

OPEN HOUSE; ST JOHNS FL

144 Greenfield Dr. St Johns FL

Sunday, February 18, 2018 12pm-3pm

 

Welcome to St. Johns, one of Jacksonville’s most sought-after neighborhoods. Featuring a newly painted two story home with 4 Bedrooms, loft area, 2 Full Baths and 1 half bath, and 2,249 square feet of living space.  Move in ready with Frigidaire Stainless Steel Appliances and Open Kitchen. Enjoy the privacy of the Master Bedroom separated from the other 3 rooms. large loft/play area overlooking the spacious living/kitchen area. New hardwood flooring through-out. Located in the gated community of Greenfield. This community includes a basketball court, soccer field, and a playground. Only a few blocks from Restaurants, Coffee Shops, Supermarkets, and more…

St. Johns Homes For Sale  Paula Wynn – REALTOR® at EXIT Real Estate Gallery. I specialize in helping sellers and buyers with their real estate needs in Northeast, Florida, including Jacksonville, Orange Park, St. Augustine, Middleburg, and Green Cove Springs. I am focused and committed to helping others achieve their real estate goals by providing top-level marketing that sells houses quickly and for top dollar, effective buyer representation and real estate investment consultation. To discuss your next Real Estate move feel free to call or text me. Paula Wynn (904) 502-9432

OPEN HOUSE

OPEN HOUSE

Sunday, February 10, 2018

10pm – 1pm

2558 RED FOX RD. Orange Park FL 32073

Beautiful newly updated home in Orange Park! This 4 Bedroom 3 Full bath home has been completely redone in gorgeous neutral colors. The huge fenced backyard with pool is perfect for entertaining and relaxing. Enjoy the large family room with fireplace which also opens to the kitchen. The kitchen is a bakers dream with dual ovens and a 5 burner cooktop and lots of counter space.

 

PAULA WYNN – REALTOR® at EXIT Real Estate Gallery (904) 502-9432. Paula services the entire northeast Florida area which consists of Jacksonville, Orange Park, Green Cove, Middleburg, Lake Asbury, Jacksonville Beaches, and surrounding areas. With Paula Wynn, your real estate transaction is always a win!

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