Tuesday, June 20, 2017

This is my 14th year as a professional Florida Realtor, I live and breathe the southwest Florida lifestyle every day. I am a member of Glenn Beck's Real Estate Agents I Trust, the National Association of Realtors, the Florida Association of Realtors, the Royal Palm Coast REALTOR® Association and a true-blue political conservative, faithful christian, and loving father of a fantastic 18 year old son. For buyers, I passionately enjoy helping locate their perfect Florida home, negotiate the best price possible and expedite a smooth, low stress and fun closing for them. For my local Seller's, I have 14 years experience analyzing market data, pricing properties properly and marketing properties to their successful closing. Whether you are a buyer looking to purchase a home or a property seller, I accomplish successful transactions by understanding my customers needs, being readily available to answer their questions and providing them with comprehensive information quickly. Integrity, in-depth community and market knowledge, successful negotiation skills and a high-quality professional network are all of the hallmarks of how I work. 

That is my reputation, providing the best possible real estate guidance and advice for people looking to either purchase or sell a home in beautiful southwest Florida. Working in the world of real estate is a joy for me, I could not imaging working in any other profession and I want to work for you as your southwest Florida Realtor!

Give me a call and have a great day!

Terence Trombetti
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Realtor®
Florida Complete Realty​
​​Call or Text (239) 560-1574


Friday, April 21, 2017

Mortgage rates drop below 4%

Mortgage rates drop below 4%

 
Mortgage Rate Trend Index
Only 1 in 4 industry experts (24%) polled by Bankrate.com this week predict that rates will rise over the short term, while the rest divide evenly: 38% foresee a decline while 38% expect little change.
WASHINGTON – April 20, 2017 – Mortgage rates surged shortly after the presidential election, and many experts believed the long-awaited rising-rate trend had begun. However, rates have pulled back in recent weeks.
According to Freddie Mac's weekly forecast, this week's average fixed-rate mortgage at 3.97% is the lowest since November 2016.
"The 30-year mortgage rate fell 11 basis points this week to 3.97 percent, dropping below the psychologically-important 4 percent level for the first time since November," says Sean Becketti, chief economist at Freddie Mac. "Weak economic data and growing international tensions are driving investors out of riskier sectors and into Treasury securities. This shift in investment sentiment has propelled rates lower."
Rate overview for the week
  • The 30-year fixed-rate mortgage (FRM) averaged 3.97 percent with an average 0.5 point for the week ending April 20, 2017, down from last week's 4.08 percent. A year ago, the 30-year FRM averaged 3.59 percent.
  • The 15-year FRM this week averaged 3.23 percent with an average 0.5 point, down from last week's3.34 percent. A year ago, the 15-year FRM averaged 2.85 percent.
  • The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.10 percent this week with an average 0.4 point, down from last week's 3.18 percent. A year ago, the 5-year ARM averaged 2.81 percent.

© 2017 Florida Realtors

Friday, April 14, 2017

Foreclosures drop below ‘normal’ pre-recession levels

Foreclosures drop below ‘normal’ pre-recession levels

 
IRVINE, Calif. – April 13, 2017 – ATTOM Data Solutions' March 2017 U.S. Foreclosure Market Report finds that U.S. foreclosure activity was below pre-recession levels in 102 out of the 216 metropolitan statistical areas (47 percent) analyzed in the report.
Nationwide, foreclosure filings – default notices, scheduled auctions and bank repossessions – were down 11 percent quarter-to-quarter and 19 percent year-to-year. It's the lowest level since Q3 2006.
First-quarter foreclosure activity was also 16 percent below the pre-recession average between Q1 2006 and Q3 2007.
"U.S. foreclosure activity on a quarterly basis first dipped below pre-recession averages in the fourth quarter of last year, and this report shows that trend continuing for the second consecutive quarter," says Daren Blomquist, senior vice president with ATTOM Data Solutions. "The number of local markets dropping below pre-recession levels continues to grow, up from 78 a year ago to 102 in this report."
The 102 local markets with first quarter foreclosure activity below pre-recession averages included Los Angeles (46 percent below); Dallas (73 percent below); Houston (52 percent below); Miami (44 percent below); and Atlanta (67 percent below).
No Florida markets were in ATTOM's list of top markets still above pre-recession levels.
© 2017 Florida Realtors