August 2019

Should You Pay Off Your Mortgage Early? Do you want to pay off your home mortgage before the term is up? And should you? In today’s Service For Life ! ® Free consumer newsletter, you’ll learn both the pros and cons to consider before making the decision. You’ll also learn how to set up an ergonomically friendly workspace, tips for flying with the whole family, and how to get started with the de-cluttering process – plus fun facts, a trivia challenge, and lots more. Here’s what’s happening in your neighborhood. Below are the sales statistics for Mandalay Shores, Hollywood Beach, Silverstrand Beach, Mandalay Bay, Seabridge, Westport, The Colony, HarborWalk, HarborsWest, C.I. Waterfront Homes, and Harbour Island . Note: Inventory less than 6 months is considered a seller’s market; more than 6 months, a buyer’s.

Closed Escrows

Active Listings

Inventory (months)

2015 2016 2017 2018 2019 11 17 21 21 14 16 14 18 12 15 25 18 34 28 14 19 17 18 19 20 29 23 20 31 18 24 21 44 22 11

2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 50 62 75 70 67 2.48 2.7 4.02 2.13 4.49 53 63 84 53 91 2.78 3.03 3.95 2.59 3.37 72 70 84 63 69 3.03 3.69 3.9 2.51 4.5 87 80 88 60 87 4.33 3.58 4.72 2.42 5.46 95 74 107 54 108 4.22 3.8 4.99 2.82 6.98 96 83 112 70 128 4.35 4.73 4.19 4.2 7 99 102 102 97 122 4.3 5.27 4.26 4.1

January February

March

April May June

July

28 24 22 15 28 22 30 32

16 thru 7/18

August

95 112 103 92 91 106 95 95 87 107 96 81 75 93 61 87 64 83 63 79

4.13 5.11 3.82 4.21 3.83 5.18 3.83 3.67 3.33 4.52 2.4 4.13 2.8 4.06 2.45 3.81 2.81 3.64 2.54 3.32

September 27 26 29 23

October

25 24 28 16

November 21 19 23 19 December 20 22 11 12

We just closed escrow on 4463 Antigua Way in The Colony for $575,000: we represented both buyers and sellers. We just reduced the price on 2242 Martinique in The Colony, a great single level condo with a back yard. Reduced to $559,000. In HarborWalk: just listed a great upper level with 2 bedrooms 2 baths plus 2 decks. This particular unit has great granite counters, duel pane windows, and marina views – Asking: $629,000. Finally, I want you to know, that you may call me for any reason. And please let me know if a friend, family member or neighbor needs a caring, competent, experienced real estate professional to help in buying or selling. I truly appreciate your friendship and referrals. Enjoy your issue!

Warmest regards, Florence

Florence Gadbois CA DRE#01040021 RE/MAX Gold Coast

Get Free money-saving home tips at my web site: BchRealEstate.com