Saturday, May 28, 2016

1581 SE Tradition Trace, Stuart, FL 34997

NEW LISTING - LEGACY COVE - $349,900 3/2/2

From gorgeous special granite to custom crystal chandeliers nothing shows so special as this home. Huge partially fenced backyard for family entertaining plus large screened enclosed salt system pool. Oversize covered lanai for outdoor dining. From the special flooring in the garage to the diamond style tile throughout the great room/main home, to the wood floor in the master the upgrades continue, to the custom plantation shutters, all the special lighting & master bath upgrade. HOA includes lakeside clubhouse with fitness center, card room and party room, heated pool with sundeck wading pool and tot-lot, tennis courts, gated community, lawn maintenance, basic cable, security system monitoring and property management. Close to 95 and turnpike.

Call Jennifer Ferrari of the McAllister Int'l Group (772) 486-8378

#HomesForSale #LegacyCove #StuartFlorida #KellerWilliams #McAllisterIntlGroup

Tuesday, May 24, 2016

2600 SE Ocean Boulevard #KK-9, Stuart, FL 34996

2600 SE Ocean Boulevard #KK-9, Stuart, FL 34996

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NEW LISTING: Buy the complete lifestyle, totally furnished Vista Pines 2/2 for only $79,000

55+ community in Stuart, FL. Conveniently located near shopping, downtown Stuart, golf, beaches, boating & theaters. Amenities include a clubhouse with an auditorium for dances, dinners, bingo; a pool room with two pool tables; a well equipped fitness facility; card, music, and TV rooms; kitchen; library; craft room; woodworking shop; patio with charcoal & gas grills. Large swimming pool for recreation & swim laps. Plus bocce & shuffleboard. Updated & beautifully furnished 2nd floor, 2/2, glass enclosed tiled porch, A/C 2014, new bath fixtures, lights, cat 6 cable, Corian counters, beautiful crown molding & base, private location yet walk to so much! Have it all... Call McAllister Int'l Group 561-756-0891

‪#‎VistaPines‬ ‪#‎StuartFlorida‬ ‪#‎55plus‬ ‪#‎ActiveAdultCommunities‬ ‪#‎McAllisterIntlGroup‬

Friday, May 20, 2016

Mid Year Mortgage Update


By Kris Barros

Rate hikes are almost certain to come this year. With the Fed leaving its options open for a rate hike in June at the conclusion of a recent meeting, mortgage rates spiked to a six week high Wednesday. Fannie, Freddie and MBA economists are split on what is likely to happen for the balance of 2016. General consensus is that 2017 will see rates in the 4’s. Most of what you read is “chicken little” meets “the boy who cried wolf” with no one really knowing what is around the corner. Never mind down the road. Those indicators that historically predicated rates and housing trends may be sending us in circles and the wrong direction.

While any rate hike will impact refinance applications you wouldn’t expect a moderate hike to dramatically impact purchase applications. Increases of an eighth or a quarter of a point really don’t price borrowers out of the market. With the current lack of inventory and the number of new housing starts necessary to meet demand not likely to catch up for quite some time, incremental increases in interest rates wouldn’t put too much of a damper on the purchase market. However, at this point in the home buying season it appears other factors may be weighing on home sales.

April saw a drop in home listings as current home owners seem either content or are possibly wary of re-entering the market with such limited inventory to choose from as they try to move up. Builder confidence has remained positive but has been unchanged through this season. Regulation and a lack of buildable lots are making building more difficult. In addition it is the lower end homes that are in demand. If you have a limited number of lots to build on it only makes sense to make the most of each one. Starter homes are not what you want to be building.

None of us have been down this road before. There are too many things that are different today to really find a direction by looking at old indicators. So pick a good lender you trust to ride shotgun. Turn the up radio and enjoy the ride.

#Mortgage #MarketUpdate #Loans #HomeSales #McAllisterIntlGroup

Thursday, May 19, 2016

5436 NW Wisk Fern Circle, Port Saint Lucie, FL 34986

Port St. Lucie 4BR 2.1BA - $209,000 - Winterlakes Community

Bedroom plus nursery or office off master bedroom. 2nd floor has 3 guest
bdrms & master, plus guest bath, master bath has dual sinks,
soaking tub and walk-in shower. Huge closets. Updated tile floors on
first floor and beautiful almost new carpet for 2nd floor. 2 story
almost like new, move in ready home. Huge screen lanai with preserve
views, great for entertaining. Built in 2009, large kitchen with pantry
and extra storage, center island, wood cabinets. Great welcoming porch
in front, plus custom stone work on front and garage. Laundry room in
first floor along with half bath and lots of storage. 2 car garage has
extra storage above. Call 561-756-0891. McAllister Int'l Group.

‪#‎OpenHouse‬ ‪#‎PortStLucie‬ ‪#‎HomesForSale‬ ‪#‎McAllisterIntlGroup‬ ‪#‎KellerWilliams‬

Tuesday, May 17, 2016

1979 SW Cranberry Street, Port Saint Lucie, FL 34953

Recreational vehicle storage behind double wide gate and fence! Screened Solar Pool surrounded by stone garden, paver trim and large deck for BBQ, roll out awning for entertaining and shade. Inside it looks like new !!!!! Great room with awesome Tray ceilings and high vaults in kitchen. Many high ceiling shelves. Must see great layout and open feeling. Removable island in kitchen with eat in bar. Beautiful tile, like new!!!!! 2014 full size stack washer and dryer in inside laundry room off kitchen. Window seats in Kitchen and Master bedroom . Wood laminate floors. Separate Master with garden tub and private step in shower, dual sinks and dual walk in closets. Huge fenced private backyard for pets with lots of storage and great entertaining. UV light A/C. Great location, lots of activity.

McAllister Int'l Group 561-756-0891 Click link below for more details:

Friday, May 13, 2016

5021 SE Inkwood Way, Hobe Sound, FL 33455


A dramatic corner lakefront lot makes this amazing home rise above the other Preserve of Hobe Sound properties. Extensively remodeled & updated kitchen with exotic granite, Franke sink and Grohe faucet. Master Suite is fully updated: ceramic tile custom flooring, frosted glass closet doors, huge crown molding everywhere with contemporary shower & custom dual sinks. The outdoor living features a 45 foot Lap Pool plus massive screen enclosure with privacy walls & large covered porch with skylights. Fenced side yard for pets. Everything about this home speaks of quality & luxury, you must view before you buy anything else. Low HOA includes front lawn care, basic cable, community pool, lighted tennis courts, bocce ball & gated waterfall entrance. Call the McAllister Int'l Group 561-756-0891 or visit for more details.

Tuesday, May 10, 2016

5984 SE Glen Eagle Way, Stuart, FL 34997

 5984 SE Glen Eagle Way, Stuart, FL 34997
4 Beds 3 Baths3,549 SqFt

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Stunning four bedroom three bath home with over 3500 SF under air in the exclusive golf club of Mariner Sands. This is a home that must be experienced along with the amazing amenities of the community. Golf and socialize in the best neighborhood Stuart Florida has to offer. Call the McAllister Int'l Group 561-756-0891 to view this or any Treasure Coast Property.

#MarinerSands #StuartFlorida #GolfClub #McAllisterIntlGroup

Citizens to stop insuring homes valued $700K and up

Citizens to stop insuring homes valued $700K and up

TALLAHASSEE, Fla. – May 5, 2016 – After reducing its policy count by more than two-thirds over the past four years, state-run Citizens Property Insurance Corp. continued to shed its risk load by securing approval this week to drop 1,752 high-priced homes after their policies expire next year.
As of Jan. 1, homes with insurable values between $700,000 and $799,999 will no longer be eligible for coverage through Citizens. In Broward County, 324 homes will become ineligible for Citizens coverage. In Palm Beach County, 362 will become ineligible.
But those customers shouldn't have problems finding another insurer. Insurance agents in South Florida say private carriers are competing to cover homes in higher price ranges in Broward and Palm Beach counties.
The eligibility cap reduction, approved by the Office of Insurance Regulation, is the final step of a multiyear "step-down" process intended to move high-end properties off Citizens' books and into the private market.
In 2012, Citizens reduced the eligibility cap from $2 million to $1 million and prevented renewal of 4,219 wind-only policies.
A 2013 state law authorized further eligibility reductions for all personal residential accounts: from $999,999 to $899,999 in 2015 and to $799,999 in 2016. By next January, when the cap drops to $699,999, the number of high-priced homes prevented from renewal by the eligibility cap reductions will total 7,861 statewide and 2,783 in Broward and Palm Beach counties, according to data provided by Citizens.
State regulators exempted Miami-Dade and Monroe counties from the caps after finding too little competition from private carriers there.
Jay Neal, president and CEO of the Florida Association for Insurance Reform, said there's no shortage of private carriers in Broward and Palm Beach counties willing to insure expensive homes, even if they are in high-risk coastal areas.
Neal said his home, located in a coastal zone, is valued at $550,000 and costs about $2,400 to insure.
Paul Handerhan, the association's vice president for public policy, said owners of expensive homes tend to keep their properties maintained and have the financial means to make emergency repairs. That means insurers see them as better risks, he said.
"These are the homes they want to insure," he said.
Robert Norberg, an agent for Arden Insurance in Lantana, said most standard carriers are willing to write up to $1 million or more, with unregulated surplus carriers such as Lloyds of London insuring higher-priced homes.
Excluding high-priced homes is part of Citizens' multipronged strategy to reduce its risk exposure as the state-run "insurer of last resort." A large policy pool leaves Citizens vulnerable to paying huge claims after one or more catastrophic storms. And if Citizens has to borrow money to pay claims, it has the authority to repay that money by levying assessments on all Florida property insurance customers, whether or not they are insured by Citizens, as well as additional assessments only on Citizens policyholders.
If a major hurricane had struck while Citizens insured 1.5 million homes, policyholders statewide could have faced $5.5 billion in assessments, Citizens spokesman Michael Peltier said.
Other elements of the risk reduction strategy include transferring policies to the private market through Citizens' depopulation and clearinghouse programs.
Since 2012, the number of policies written with Citizens has decreased from roughly 1.5 million to 490,000.
Citizens' risk exposure declined from about $500 billion in 2012 to $142 billion in 2016. The company did not have statistics on Wednesday revealing how much risk has been avoided through the step-down program. But assuming the 1,752 homes losing coverage eligibility on Jan. 1 is worth an average of $750,000, Citizens will shed another $1.3 billion.
If a homeowner that can't get renewed by Citizens has trouble finding a private insurer, FAIR is willing to reach out to their networks of insurers and help find coverage, Neal and Handerhan said. "We've actually helped people who have had trouble in the past," Neal said.
Not finding an insurer is rarely seen as a viable option, even for owners of homes at those levels, Handerhan said. Homes with mortgages are required to carry insurance, and very few homeowners who own their homes outright choose to self-insure, he said.
The 2013 state law allowed counties to request to be shielded from the eligibility cap if the Office of Insurance Regulation determines "there is not a reasonable degree of competition."
In 2014, regulators exempted Miami-Dade and Monroe counties from the cap after a study found that among homes insured for $900,000 to $1 million, Citizens insured 96.8 percent in Monroe and 62.5 percent in Miami-Dade.
If the two counties had not been exempted, 585 homes in Miami-Dade and 264 homes in Monroe would lose eligibility on Jan. 1, reducing Citizens' risk exposure by another $594 million.
Copyright © 2016 the Sun Sentinel (Fort Lauderdale, Fla.), Ron Hurtibise. Distributed by Tribune Content Agency, LLC.  

#citizensinsurance #insurance #florida #realestate #mcasllisterintlgroup
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Thursday, May 5, 2016

12072 SE Vulcan Avenue, Hobe Sound, FL 33455

12072 SE Vulcan Avenue, Hobe Sound, FL 33455
3 Beds 2 Baths 2,016 Sq ft

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Three Bedroom two Bath home on an oversize nearly 1/2 acre lot in downtown Hobe Sound. This home also features a large gourmet kitchen and new A/C and Hot Water Heater. Move-in ready! Room for two additional bedroom in loft. The beaches are mere minutes away! To view this or any treasure Coast property call the McAllister Int'l Group 561-756-0891 or click the image for more info.

Tuesday, May 3, 2016

12190 SE Iris Avenue, Hobe Sound, FL 33455

12190 SE Iris Avenue, Hobe Sound, FL 334553 Beds2 Baths 1,774 Sq ft

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Immaculate & open 3 Bed 2 Bath home with white on white kitchen, lots of upgraded crown and trim, custom tile flooring throughout. Split floor plan, high volume ceiling and total privacy outside with long back screen porch and fenced yard. CBS, built in 1995 with lots of new upgrades including new roof in 2015, New garage door, 2016. Screen front entry on East side for perfect Ocean breezes. Very close to recreation and Zeus park area and close to Hobe Sound Beach and boat launch area. Live in paradise! Call Jennifer Ferrari of the McAllister Int'l Group (772) 486-8378 to view this or any other Treasure Coast property.