Tuesday, December 5, 2017

11301 SW Fox Brown Rd Road, Indiantown, FL 34956





19.73 ACRES cleared, fenced and cross fenced, Ranch with NO Wetlands, high and dry. Call Jane McAllister 772-708-6101 for details!

Sunday, December 3, 2017

125 SW Thornhill Drive, Port Saint Lucie, FL 34984





Great home, great, location, great price! 3 bedroom 2 bath home in central Port Saint Lucie with nice large yard. City water & sewer, whole house water purification system and hurricane windows make this home an even better value! Conveniently located near I-95 and the Turnpike this well built home will be a comfortable primary home or your South Florida vacation getaway! Home features Check out the photos and schedule a private showing before this is gone!

561-756-0891. www.TreasureCoastHomesOnline.com

We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Saturday, December 2, 2017

NEW LISTING OPEN HOUSE Sunday 11-2

NEW LISTING OPEN HOUSE Sunday 11-2.

3 bedroom home in central PSL. Hurricane windows, whole house purification system, city water and sewer! Check out the pics and call Treasure Coast Homes Online - McAllister Int'l Group 561-756-0891.

125 SW Thornhill Drive, Port St Lucie, Florida

 πŸ‘🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑🏑

Sunday, November 19, 2017

686 SW Jeanne Avenue, Port Saint Lucie, FL 34953





Great 3 bedroom pool home located close to everything in Port St Lucie. Pool has just been completely resurfaced with a transferable 10 year warranty. The converted garage creates a huge space for a great office or use it as a kennel for your beloved pets! There are not many pool homes in this price range so call before it is gone. Property has public water with septic system and a well water sprinkler.

561-756-0891. www.TreasureCoastHomesOnline.com

We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Friday, November 17, 2017

655 SE Ron Rico Terrace Port Saint Lucie, FL 34983





Enjoy the South Florida lifestyle with this lovely CBS Port St Lucie home central to the Treasure Coast. Invite company over to lounge in the luxurious backyard by the fire pit or just enjoy the awesome privacy on your own. This 3 bedroom 2 bath 2 car garage home has been meticulously maintained and shows like a model. Call for a private showing before it is gone.

561-756-0891. www.TreasureCoastHomesOnline.com

We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Friday, November 10, 2017

OPEN HOUSE EXTRAVAGANZA!

OPEN HOUSE EXTRAVAGANZA!

4 Open Houses, 4 Real Estate Professionals representing 4 different companies. This is how your local expert Realtors cooperate to sell homes and help buyers. Join Diane Kirby of Alexus Realty, Melisa Kelly of Re/Max Masterpiece Realty, Jan DalCorso of Florida Phoenix Realty and Scott McAllister of Keller Williams Realty at this unique opportunity to view 4 homes on one excellent street in Port St Lucie.

For more details call one of the fine agents listed on the flyer or call the McAllister Int'l Group 561-756-0891


Tuesday, October 10, 2017

1957 SW Bellevue Avenue, Port Saint Lucie, FL 34953





A totally private pool area with lots of Areca Palms creates our own private tropical oasis! The solar powered pool heater allows for us to swim all year round! No need to head to the beach! The only thing that can beat watching football in January – is watching football in January from the pool! And the large deck is perfect for entertaining. Home Warranty including A/C will be provided by Seller upon closing. Inspection report and wind mitigation report available for review.

Call the McAllister Int'l Group 561-756-0891 or visit
http://ow.ly/EB5K30fHn3W

We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Wednesday, August 2, 2017

697 Stanford Lane Port Saint Lucie FL 34983





Very open plan, Vaulted ceilings, Great golf course view are 3 of the many reasons the Seller bought this golf course home. Several rooms have decorative high shelf wall built ins. Totally open kitchen with breakfast bar for 8, plus eat in breakfast area, plus pantry, plus volume ceilings for very spacious open feel. Formal dining room, master suite is on the golf course and at other end of home from 2 guest rooms with its own bath, garden tub, separate shower and dual sinks. Formal entry, with high ceilings, beautiful chandelier. New AC-2013. Nice covered patio for golf views and relaxing. Golf Membership not mandatory. Low HOA fees include: lawn care, cable, internet, club house, gym, pool, tennis courts and playground. Great Florida lifestyle living in gated community at St James Club.



Call the McAllister Int'l Group 561-756-0891



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Sunday, July 30, 2017

1981 SE Sandia Drive, Port Saint Lucie, FL 34983





FLORIDA LIFESTYLE HOME - 2015 Metal roof, CBS 4 Bedroom, 2 Bath with screened in-ground pool, including child fence, across from Doat Street Park with wonderful pond and yes they catch fish there! Fenced backyard on an elevated corner lot, nicely landscaped. Interior is open with high ceilings, beautiful wood look tile floors and separate living and family rooms. Kitchen highlights concrete counters(must see), subway tile, stainless appliances approx. 3 years old, A/C 3 yrs too. Whole house generator. City water, septic, shutters, and great location for all Port St Lucie has to offer. Call for additional information and Feature Sheet. Make your appointment now to see this great family opportunity.



Call the McAllister Int'l Group 561-756-0891



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Thursday, June 15, 2017

1880 SW Success St., Port St Lucie, Florida





Your new 4/2/2 CBS pool home has great curb appeal and features cathedral ceilings and a unique split floor plan with an open concept along with dedicated living and dining rooms. The oversized screened-in pool area is surrounded by lush landscape giving you privacy to ensure your relaxation and enjoyment. The spacious kitchen has rich cherry wood cabinets, breakfast bar, deep sink, newer matching stainless steel Samsung appliances and a pass-through window leading to the patio. The large master bathroom boasts a jacuzzi roman tub with a separate walk-in shower, toilet closet as well as dual vanities. Neighbors take pride in their homes, so you will soon see why this community is so desirable. Enjoy a great selection of dining and shopping options in nearby St. Lucie West and close to I-95



Call Jennifer Ferrari 772-486-8378 or visit http://ow.ly/HT8430ctYTp



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez/Michael Brue, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Monday, June 5, 2017

2581 SE Delano Road, Port Saint Lucie, FL 34952





Gorgeous 3 bedroom 3 bath pool home on over a half acre of land. Granite counter-tops, 24 inch tile throughout huge covered patio and pool. No Homeowners Association and in a neighborhood with owners who take pride in their homes. Price is on point and VERY firm.



561-756-0891. http://ow.ly/263I30ceOzF



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez/Michael Brue, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Tuesday, May 16, 2017

Thank you Ben & Emmie Lisle


Thank you Ben & Emmie Lisle for trusting Joel Sanchez and the McAllister Int'l Group with your second transaction this year. We sold their home earlier and now helped them find their new home! Gratitude goes out to the listing agent Kirk McLean of Premier Realty Group, the sellers Michael and Brittny Murray, escrow and title closing agent Jaimee Carmody of The Law Office of Jordan Fields, lender Gay Forward Asbury of Seacoast Bank, appraiser Richard G. Hyland, surveyor William Mixon and the entire staff of Keller Williams Treasure Coast.
To work with Joel Sanchez, Realtor-Servicio en EspaΓ±ol, Keller Williams or any of our other expert agents to buy, sell, invest or lease call 561-756-0891 or visit www.TreasureCoastHomesOnline.com

Gratitude for our team!


I am so proud of our team!!! Joel Sanchez just capped in his first year in real estate, Jennifer Cullen Ferrari has closed on her 40th deal and hasn't even finished her second year in the business and Valerie Hauthaway is busy helping buyers while taking great care of her family. To be affiliated with such success is amazing. Jane McAllister and I want to thank you personally and know that greater success is guaranteed!
If you would like to work with the BEST agents in the Treasure Coast call Treasure Coast Homes Online - McAllister Int'l Group 561-756-0891 or visit www.TreasureCoastHomesOnline.com. We are a proud affiliate of Keller Williams Treasure Coast.

Monday, May 15, 2017

The McAllister Int'l Group would like to congratulate Jeff Janssen


The McAllister Int'l Group would like to congratulate Jeff Janssen on the purchase of his new home. Joel Sanchez was pleased to worked with him to find the perfect residence. Real Estate is always a team effort so we must show gratitude to those who helped make this happen including Beth Taylor Brake for the great referral, Darrell Higley of BofA for the financing, Cherie Martinez of Sage Title & Escrow Services for the closing work and the entire staff at Keller Williams Treasure Coast.

Call us today 561-756-0891 to find out how our specialist agents can help you Buy, Sell, Invest or Lease in our little piece of paradise. www.TreasureCoastHomesOnline.com

#McAllisterIntlGroup #TreasureCoastHomesOnline #KellerWilliams #TreasureCoastHomes #GenGen #MostReferredTeamInTheTreasureCoast

Friday, May 5, 2017

0 NW 256th Street, Okeechobee, FL 34972





Ideal property for your great getaway! 22.25 acres! Perfect for Residential, Recreational, Hunting and Agricultural purposes! Bring your hunting gear, ATVs, dirt bikes, camping gear, RVs. Bring your horses, cattle, goats, sheep... create your dream farm! Metal shed used as studio has one full bathroom and is hurricane proof. Perimeter is already fully fenced. Must see to appreciate. Don't miss this one!



 For more details call the McAllister Int'l Group 561-756-0891 or visit: http://ow.ly/hstz30boZVq



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Friday, April 21, 2017

Do you want the ultimate in luxury? Do you want to see spectacular sunrises and sunsets from your own home? Do you like the south Florida lifestyle of sun, surf and shopping? Then call the McAllister Int'l Group to view this or any luxury property in the Treasure Coast.

Our specialist agents such as Valerie Hauthaway, Jennifer Cullen Ferrari, Joel Sanchez, Realtor-Servicio en EspaΓ±ol, Keller Williams, Scott McAllister and our founder Jane McAllister have participated in over 1/2 a Billion dollars in real estate transactions. Let us show you why.

#McAllisterIntlGroup #TreasureCoastHomesOnline #MostReferredTeamInTheTreasureCoast #TreasureCoastHomes #Luxury #KellerWilliamsRealty
 
We are proudly affiliated with Keller Williams Treasure Coast. Listing courtesy of Re/Max Community
http://ow.ly/QHEQ30b3aEx

Monday, April 17, 2017

2304 SW Spoonbill Drive, Palm City, FL 34990





Annual Lease available; 24 hour manned security gate in wonderful Martin Downs community. Heronwood has great view overlooking the peaceful lake and scenic golf course. All woodlook tile, no carpet, volume, very unique ceilings, huge great room with wall unit, wet bar, super kitchen and breakfast area, lots of cabinets and counters and wonderful view of golf course. 3rd bedroom with custom Murphy bed system and wonderful desk and office space. Beautiful 3rd bath connects to covered and screened porch. Wonderful landscaping and tons of parking in huge circle driveway. 2 small dogs allowed with pet deposit. 3 bedroom, 3 bath. Unfurnished. NO trucks or Motorcycles per HOA. HOA approval could take 2 weeks or more.



Call 561-756-0891 or visit: http://ow.ly/71w630aVw1m



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Thursday, April 13, 2017

3707 Mockingbird Hill Lane, Jensen Beach, FL 34957











Live in Paradise at this 2 bedroom 2 bath CBS pool home that owns an unattached 25' strip of the St. Lucie River. Pilings were designed to allow a second floor to be added. Minutes from downtown Jensen and all the awesome restaurants and shops; don't forget about Thursdays and Jamin' Jensen! This property had been rented consistently so can be a great investment.

Call the McAllister Intl Group 561-756-0891 or visit http://ow.ly/JVaL30aOq3p

We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Tuesday, April 11, 2017

1937 SW Davis Street, Port Saint Lucie, FL 34953





4 Bedroom, 3.5 bathroom, plus office/den/could be 5th bedroom, Screened Pool Home, completely remodeled, newly painted, must see home! Granite and Stainless kitchen with large breakfast bar, center island and great pantry. Split floor plan, huge separate master suite, plus 3rd wing with possible in-law suite. Enjoy the wonderful pool facing East, huge covered patio and 2 cabana baths. Fenced yard for your pets. Super location not far to baseball, wonderful shopping and I95. New permitted shed out back for storage. Must see this amazing home!



Call the McAllister Int'l Group 561-756-0891 for more details or visit: http://ow.ly/Zv7B30aMvTW



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Monday, March 20, 2017

SOLD in Port St Lucie, Florida



The McAllister Int'l Group is thrilled to have helped Damon & Michele Chamberlain sell their lovely Port St Lucie home. They were such a great family to work with and Jane McAllister was fortunate to find the perfect buyer in Richard Ziegler! Congratulations to all on your new beginnings.
There is so much gratitude we must share including Shannon Murray-Corsale who introduced us to the sellers, Matthew Stone our excellent photographer, Scott Evans of XS Sign Solutions for our signage and Suzanne SegusoStephanie Jenkins & Alicia Nelson of Patch Reef Title for the awesome closing work. Also thank you to the staff at Keller Williams Treasure Coast and the excellent agents like Stephanie Zaqqout and others who sat our open houses.

Monday, February 27, 2017

4301 SW Wild Turkey Lane Indiantown FL 34956





20 ACRES. Perfect get away! Off 714, 20 mins west of Palm City. Working cattle farm now. 2000 blt Mod 4/2 home updated 3 years ago, 4 stall barn,plus cattle barn, 3 pastures, pond, fenced and cross fenced. Must see inside of unit, wood lam. floors, fireplace, great kitchen, huge private master with large master bath, big laundry, wonderful new screened porch with sunken spa for 8, picnic area, outside bocce court, so much to do! Deer, Wild Turkey and wild boar. House has 2009 duct work and 2015 A/C. New washer and dryer in Large inside utility. Possible 40 ACRE with available ranch adjacent. Some wetland on both.



Call 561-756-0891 or visit: http://ow.ly/ZoFN309pm2s



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Julie Phillips, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Thursday, February 23, 2017

8750 SW Springhaven Avenue Indiantown FL 34956





4.93 Acres with 2/2 home. Remodeled and renovated in 2015! Brand new Miami-Dade compliant metal roof & hurricane rated living room windows. All new: A/C, appliances, water heater, washer & dryer, light fixtures, ceiling fans, wall outlets & light switches, laminate floors in kitchen & dining, carpet in living room & bedrooms, tile in bathrooms, bathroom vanities & toilets. Kitchen remodel includes all new cabinets, wall removal, kitchen island w/ butcher block counter top, sink disposal. New water pump, holding tank & brine tank. New leased propane tank with all required fittings. New water filter & head on water softener. New front door. Professionally painted. Curtains & rods excluded. Home is onback of property. Enter Next St. North at Four Winds East Ranch.



Call 561-756-0891 or visit: http://ow.ly/lDRm309ieyq



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Friday, February 10, 2017

651 SE Voltair Terrace, Port Saint Lucie, FL 34983





Welcome home. As soon as you step through the custom-designed door you will feel the comfort of this lovely CBS home. From the spacious open floor plan with vaulted ceilings to the sparkling pool, that was recently resurfaced, this home has everything on your wish list. Enclosed pool area features Areca palms for privacy, an extra wide kitchen pass-through and counter large enough for many to enjoy. Patio furniture is included with sale. The indoor utility room features newer GE washer and dryer and a sink. Roof was replaced in 2009. The extra large paver driveway will easily fit your boat and cars.



Call Jennifer Cullen Ferrari​ (772) 486-8378. Treasure Coast Homes Online - McAllister Int'l Group​ or visit: http://ow.ly/R5Au308SHa6



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Julie Phillips​, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Thursday, February 2, 2017

1182 SW Hamrock Avenue, Port Saint Lucie, FL 34953





Make this #1 on your List! Built in 2016! 3 car garage! Extra wide driveway! 4 bedrooms plus office! Bright and extremely airy, open floor plan with high vaulted ceilings, large great room, separate living room office, dining room, breakfast nook, all open and spacious. Wonderful 2016 kitchen features large breakfast bar, maple cabinetry, stainless steel appliances, and good pantry. Split Plan, Master Bedroom Wing is separate with dual walk-in closets, dual sinks, freestanding shower and large soaking tub. Guest bedrooms all have good size closets. Nice laundry with 2016 washer and dryer. All this plus both a front and back porch, large back yard partially fenced by neighbors, and room for a pool. All utilities 2016!



Call Scott McAllister of Treasure Coast Homes Online - McAllister Int'l Group 561-756-0891 or visit http://ow.ly/U4FA308nJog for more info.



‪#JustListed ‪#HomeForSale ‪#PalmCity ‪#TreasureCoast ‪#RealEstate ‪#KellerWilliams ‪#McAllisterIntlGroup ‪#OpenHouse #TreasureCoastHomesOnline #PortStLucie



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Wednesday, February 1, 2017

7063 SE Redbird Circle Hobe Sound FL 33455





Bring your dogs or cats, no size restrictions! Doublewide located in one of the most desirable spots in Ridgeway. Expansive & open views from the front Florida Room which captures all those wonderful SE ocean breezes - So. exposure makes this home so light & bright. 2 Bedrms/ 2 baths. It has a 2005 second side screened room which can be opened up to accommodate a small boat. A/C was Dec. 2012, Hot water heater 2011, Newer appliances 2008, tall toilets, vinyl telescoping windows in front FL room. Nice yard with bananas! Available totally furnished, Front Porch, Side Porch, just waiting for your personal touches. HOA is ''Voluntary'' at $300 per year, allows use of community pool, clubhouse, shuffleboard etc.. Perfect location, OWN your land, close to beach, shopping, quiet and peaceful.



Call 561-756-0891 or visit: http://ow.ly/zb6T308zxhJ



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Friday, January 27, 2017

11301 SW Fox Brown Rd Road, Indiantown, FL 34956





19.73 ACRES cleared, fenced and cross fenced, Ranch with NO Wetlands, high and dry. Must see this . . .10 Stall Show Barn,permitted with foundation, 1/2 bath/laundry, tack room and 12 x 12 stalls. See feature sheet for all the extras. Main home is 2432 sq ft with 4 bedroom, 2 bath, 2005 blt very open MODULAR home including many extras. See Feature Sheet attachment for all extras and specifics. Perfect to live in permanently or while building your custom equestrian estate home to your own criteria. Separate Utility/Pump building, separate workshop, separate building for equipment, separate Pole Barn in back pasture. Pastures wired for hot wire. Location is directly off Fox Brown Rd & is between 710, Beeline and 714, Martin Hwy. Access to all surrounding counties is 30 mins. Ideal Ranch!



Call 561-756-0891 or visit: http://ow.ly/5OOw308qP9O



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Monday, January 16, 2017

9691 SE 126th Boulevard, Okeechobee, FL 34974





75 acres - Great location off 710, just one block north of 714! So easy to access from everywhere via Bee Line (710) or 714- Martin Hwy. Close to Lake. Perfect for cattle farming! Former Dairy. Two Homes, 1 remodeled, 2 bedroom 1 bath, had been office,still needs some work. Second home needs a lot of work, maybe a knockdown, roof open to sky but CBS frame there. Huge Warehouse needs work too. Mowing next week, then Drone pics coming. Photos soon. Most important is the superb location, dont miss this 75 Acres!



Call the McAllister Int'l Group  561-756-0891 or visit: http://ow.ly/GwJZ3083DO1



We are a proud affiliate of Keller Williams Realty of the Treasure Coast. All KW offices are independently owned and operated. Cristi Hernandez, Broker, 772-419-0400. 819 S. Federal Hwy., PH, Stuart, Florida. Equal Housing Opportunity.

Wednesday, January 11, 2017

Shadow Inventory: More Houses Will Soon Be Available for Sale

By Alexis Craig, RISMedia

All signs point to an improved housing market—home values are up by about 30 percent since 2012, they’re selling faster, and overall demand is high. But this recovery has led to a dramatic decrease in the overall housing inventory. 

Fortunately, there might be some relief from the shortage in sight. The inventory that has been hiding in the shadows for years is finally coming into the light. 

Why Is This Inventory Up for Sale?
With the improved market, it would be natural to think the impact of the housing crisis is over, but there are still some old foreclosures in the pipeline that are ready to pour over the dam of legislation and legal delays that have been holding them back. 

Banks and lenders are starting to make the final push to flush out homes in the foreclosure pipeline, resulting in a higher surge in repossession and REO listings. The backlog of foreclosed homes that was created by lengthy judicial reviews and long foreclosure timelines are entering the market in states like New York, Florida, New Jersey, Arkansas and Hawaii 

The possibility of new foreclosures in 2017 is also impacting the housing inventory estimates. In 2016 and beyond, many homeowners may find it difficult to make their mortgage payments as “resets” are rolled out. For example, the government’s Home Affordable Modification Program (HAMP) provided temporary relief to borrowers during the housing crisis, but that relief ended after five years. These payment resets will increase the loan payment for nearly 900,000 homeowners—some of whom will find it difficult to keep up with their mortgage in this sluggish economy. 

HAMP isn’t the only program. It’s estimated that about two million modifications will face interest rate resets in the coming years, and a high percentage of those homes are in depressed markets with little to no equity in their homes. 

What’s the Impact?
A backlog of foreclosures are finally available for sale, but there is likely to be a second wave of foreclosed homes since the foreclosure problem wasn’t solved, but delayed. You can expect REO listings and foreclosures to increase in the next coming years. How this impacts the real estate market largely depends on how fast these homes enter the market.