Florida Real Estate Pauline Crain Blog

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Renters spend almost 6.5 years saving for 20% downpayment   MIAMI – July 13, 2018 – Renters in expensive California markets can expect to spend more than two decades saving for a 20 percent downpayment on a median valued home, but Florida buyers can do so in about one-third the time. Nationwide, renters can expect to spend nearly six and a half years saving for a 20 percent down payment on a home, according to a new HotPads analysis. The median home value in the U.S. is $216,000, which means a 20 percent downpayment would be $43,200. If a renter making the median income saves 20 percent of their income each month – as financial experts recommend – they would have enough for a downpayment in 77 months, which is nearly six and a half years. However, in the three  Florida  cities included in the study – Miami, Orlando and Tampa – renters must spend more than 6.5 years. It takes longest in Miami (11 years, 5 months) compared to Tampa (6 years, 11 months) and Orlando (8 years, 2

Foreclosures down 78% since 2010 peak   IRVINE, Calif. – July 13, 2018 – ATTOM Data Solutions' Midyear 2018 U.S. Foreclosure Market Report found a total of 362,275 U.S. properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – in the first six months of 2018. That number is down 15 percent year-to-year and down 78 percent from its recession-era foreclosure peak in the first six months of 2010. Unlike earlier years, Florida is barely mentioned in ATTOM's latest report. While its foreclosure rate remains No. 4 nationwide (0.37 percent), the top three states are now South Carolina (0.39 percent), Ohio (0.37 percent) and Nevada (0.37 percent). In a look at metro areas, Miami is mentioned only because its foreclosure activity has dropped 55 percent below pre-recession averages – but 55 percent of the metro areas studied have also seen their foreclosure activity drop to a level below the "normal" level they had before th

St Lucie County Pools and Aquatics St Lucie County Pools and Aquatics  Department Aquatics & Safety Coordinator Adam Jones at 772-462-2560. Ravenswood Pool   400 SW Ravenswood Lane Port St. Lucie, FL 34983 Contact : 772-871-2183 Lakewood Park Pool 5990 Emerson Ave Fort Pierce, FL 34951 Contact: 772-462-3772 Lincoln Park Pool 1311 Avenue M Fort Pierce, FL 34950 Contact: 772-462-1903 For information on Port Saint Lucie real estate Contact  Pauline Crain Realtor,Illustrated Properties Direct: 561-452-5560 Email: pcrain@ipre.com Web: www.paulinecrain.com Blog: www.crainrealestate.blogspot.com

St. Lucie County’s Bike Share Program Gets Pedaling in Fort Pierce Don’t let the lack of a bicycle stop you from pedaling around St. Lucie County. St. Lucie County’s Transit Division has partnered with Zagster on a two-year pilot program that will create nine bicycle rental stations throughout the county. Bicycle share stations have already been installed in downtown Fort Pierce near the City Marina and on South Hutchinson Island at the St. Lucie County Aquarium and Jaycee Park. Additional stations are in the works in Fort Pierce, including one at Jetty Park and the Beth Ryder Intermodal Facility on Avenue D. The city of Port St. Lucie will host four bike stations at Sportsman Park, Whispering Pines Park, the Port St. Lucie Intermodal Facility and the Port St. Lucie Civic Center. City crews are working with Zagster to pour concrete slabs for these stations with plans to have all of the stations and 50 bicycles available by early March. The cost to rent a bike is $1 per hour. B