Hurricane Helene Update

by Marketing | Oct 3, 2024 | Homeowners, Investment Property in Florida

Hurricane Helene Update: Key Tips for a Safe Recovery

Steps to Guide you Through a Smooth and Cautious Recovery

In the aftermath of Hurricane Helene, safety should be your top priority. Here are a few essential steps to guide you through a smooth and cautious recovery:
• Inspect for Damage: Carefully check your home for structural issues, roof damage,
or leaks that may have occurred during the storm. Address any concerns
immediately to prevent further complications.
• Stay Informed: Keep following local advisories and weather updates to stay aware
of any changing conditions or safety alerts.
• Debris Removal: When clearing your property, be cautious of fallen power lines,
sharp objects, or hazardous debris. Wear proper protective gear and, if needed,
seek professional help to handle dangerous tasks.
• Document Everything: Take clear photos of any damage for your insurance claims.
Contact your agent as soon as possible to start the process.
• Seek Help: Don’t hesitate to reach out for support from local resources, neighbors,
or emergency services. Many organizations are available to assist during recovery
efforts.
• By taking these steps, you can ensure a safer, more efficient recovery process.

Local Resources Regarding Post-hurricane Recovery in the Four Corners, Osceola, and Clermont areas

Here are some helpful local resources regarding post-hurricane recovery in the Four Corners, Osceola, and Clermont areas:
1. Osceola County Hurricane Center provides essential post-storm recovery
information, including flood care tips, safety guidelines for contaminated water and
food, and general cleanup advice. This is a great resource if your area has been
affected by flooding or storm damage, and they offer details on how to handle
contaminated items and ensure safe drinking water.

Osceola County Home Page

2. Clermont’s Tropical Weather Updates share practical information, such as
sandbag distribution locations, hotline services for non-emergency storm-related
questions, and advice on securing your home after a storm. The city also provides a
Citizens Information Line to keep residents informed of weather updates and
necessary precautions during recovery.

City of Clermont

3. Florida Disaster Management offers a “Know Your Zone, Know Your Home” tool
that allows residents to check their evacuation zone and preparedness status. This
is particularly useful in understanding whether your home is in a flood-prone area
and how best to approach post-storm recovery based on your zone.

Florida Disaster Organization

Ending note:

As we approach the end of another year, we are reminded that real estate isn’t just about transactions—it’s about building a life, creating a home, and connecting with our community. The market will continue to shift and change, but what remains constant is the importance of making thoughtful decisions that reflect where you are and where you want to go.

At ReMax Heritage, Bardell Real Estate team, our goal is to support you in more than just buying or selling a property—we’re here to help you navigate life’s transitions, big or small. Whether you’re considering your next move or simply looking to strengthen your place in this community, know that we’re here for you, with guidance, understanding, and the experience to help you move forward.

Whatever the rest of 2024 holds for you, let’s make the most of it—together, with purpose.

Property Management Spotlight: Why AC Regular Maintenance REALLY Matters

by Marketing | Oct 3, 2024 | Homeowners, Investment Property in Florida

Property Management Spotlight Why AC Maintenance REALLY Matters

AC Maintenance

Keeping up with AC maintenance might seem like a small task, but it has huge benefits. As our property expert Lucy Hinson explains, regularly changing your home’s air filter can:

Improve air quality by reducing pollutants like dust, pollen, and pet fur, which is a
game-changer for anyone with allergies.
Boost energy efficiency, helping you save on utility bills by preventing your HVAC
system from working harder than it needs to.
Extend the life of your HVAC system, avoiding unnecessary wear and tear.
Reduce the frequency of repairs—because prevention is always cheaper than fixing
a broken system.
Keep your home cleaner by cutting down on dust and allergens, making a more
comfortable living environment.

Small changes like this can make a big difference in comfort and savings.

Here are more related links that one of our trusted partnered vendors:

Kalos Services: Air Conditioning Company l Kalos Services Florida, Inc. (kalosflorida.com)

If you have any questions about your rental properties or questions about rental homes,
how to get your homes listed to ReMax Heritage, feel free to reach out to our amazing
Property Manager, Lucy Hinson, at lucy@bardellrealestate.com.

Ending note:

As we approach the end of another year, we are reminded that real estate isn’t just about transactions—it’s about building a life, creating a home, and connecting with our community. The market will continue to shift and change, but what remains constant is the importance of making thoughtful decisions that reflect where you are and where you want to go.

At ReMax Heritage, Bardell Real Estate team, our goal is to support you in more than just buying or selling a property—we’re here to help you navigate life’s transitions, big or small. Whether you’re considering your next move or simply looking to strengthen your place in this community, know that we’re here for you, with guidance, understanding, and the experience to help you move forward.

Whatever the rest of 2024 holds for you, let’s make the most of it—together, with purpose.

Understanding Buyer Broker Agreements: What You Need to Know

by Marketing | Oct 2, 2024 | Blog, Buyers, Homeowners, Real Estate News, Renters, Sellers

Understanding Buyer Broker Agreements: What You Need to Know

Understanding Buyer Broker Agreements: What You Need To Know

Buying a home is a major life decision, and at RE/MAX Heritage, we believe that you should feel supported throughout the process. One of the ways we ensure this is through a Buyer Broker Agreement (BBA). This agreement helps clarify your relationship with your agent and guarantees that you receive the best possible guidance and support.

Why a Buyer Broker Agreement Matters

A Buyer Broker Agreement (BBA) is a straightforward contract between you and your RE/MAX Heritage agent. It confirms that your agent is working exclusively for you, ensuring that they are fully committed to helping you find the right property, negotiate effectively, and navigate the buying process smoothly. Without a BBA, there’s a chance that an agent’s responsibilities might be unclear, or they could represent both the buyer and the seller, which could create conflicts of interest. By signing a BBA, you make sure that your agent is focused solely on your interests.

Why a BBA is Especially Important in Today's Market

The real estate market can be unpredictable. Prices fluctuate, there’s strong competition for properties, and legal requirements are more detailed than they used to be. A Buyer Broker Agreement ensures you’re protected in this fast-moving environment. Recent changes in the industry, such as the National Association of Realtors (NAR) settlement, have made it even more important for buyers and sellers to be clear about their rights and responsibilities. At RE/MAX Heritage, we make sure you understand exactly how your agent will work for you by having this agreement in place.

The Benefits of a Buyer Broker Agreement at RE/MAX Heritage

When you sign a BBA with us, you’re not just agreeing to work with an agent—you’re securing several key advantages:
1. Clear Commitment

2. With a BBA, your agent is legally required to represent your interests. This ensures
that they’re fully focused on getting the best results for you.

3. Transparency
The agreement spells out exactly how your agent will be compensated and what their
responsibilities are. This way, there are no surprises along the way.

4. Guidance Throughout the Process
The home-buying process can be complex, but your RE/MAX Heritage agent will be there to
guide you every step of the way. From finding listings to negotiating prices, you’ll have
support when it matters most.

5. Stronger Negotiation Power
Your agent, committed to your interests through the BBA, will work hard to negotiate the
best terms for you, ensuring that you’re well-positioned in the market.

What Happens Without a BBA?

Without a Buyer Broker Agreement, your agent’s role may not be as clearly defined. This could lead to misunderstandings or missed opportunities. For example, if your agent is also representing the seller, their loyalties could be divided, potentially leaving you with less effective support. At RE/MAX Heritage, we believe in keeping things clear and simple. A BBA ensures that you know your agent is working for you, reducing any risk of confusion or unexpected costs.

Why the BBA Works for You at RE/MAX Heritage

At RE/MAX Heritage, we don’t just show homes—we work closely with you to make sure the buying process goes smoothly. The Buyer Broker Agreement is part of this commitment. It helps us create a clear plan so that you can move forward with confidence, knowing that your agent is always on your side. This agreement guarantees that you’re getting professional support, honest advice, and dedicated service from the start of your search all the way to the closing of your new home.

Buyer’s Journey

Ending note:

As we approach the end of another year, we are reminded that real estate isn’t just about transactions—it’s about building a life, creating a home, and connecting with our community. The market will continue to shift and change, but what remains constant is the importance of making thoughtful decisions that reflect where you are and where you want to go.

At ReMax Heritage, Bardell Real Estate team, our goal is to support you in more than just buying or selling a property—we’re here to help you navigate life’s transitions, big or small. Whether you’re considering your next move or simply looking to strengthen your place in this community, know that we’re here for you, with guidance, understanding, and the experience to help you move forward.

Whatever the rest of 2024 holds for you, let’s make the most of it—together, with purpose.

July Real Estate Home Sales Show Positive Shift

by Marketing | Sep 2, 2024 | Blog, Homeowners, Homes, Villas and Condos, News, Real Estate Components, Real Estate News

July Real Estate Home Sales Show Positive Shift

July Real Estate Home Sales Show Positive Shift

July marked a positive turn for existing-home sales, breaking a four-month streak of declines, according to the National Association of REALTORS®. Three out of the four major U.S. regions experienced an increase in sales, while the Midwest held steady. Year-over-year, sales rose in the Northeast and West but saw declines in the Midwest and South.

Key Highlights:

Overall Sales Growth: Total existing-home sales—including single-family homes, townhomes, condominiums, and co-ops—increased by 1.3% from June, reaching a seasonally adjusted annual rate of 3.95 million in July. However, this is a 2.5% decrease compared to July 2023, when sales stood at 4.05 million.
Market Conditions: NAR Chief Economist Lawrence Yun noted, “Although the gain is modest, home sales continue to face challenges. However, buyers are seeing more options, and affordability is improving thanks to lower interest rates.”
Inventory Levels: Total housing inventory at the end of July was 1.33 million units, marking a 0.8% increase from June and a substantial 19.8% rise from a year ago (1.11 million). Unsold inventory is currently at a 4.0-month supply, down slightly from 4.1 months in June but up from 3.3 months in July 2023.
Home Prices: The median existing-home price for all housing types in July was $422,600, a 4.2% increase from one year ago ($405,600). All four U.S. regions reported price increases.

REALTORS® Confidence Index

According to the monthly REALTORS® Confidence Index:

Time on Market: Properties typically remained on the market for 24 days in July, up from 22 days in June and 20 days in July 2023.
First-Time Buyers: First-time buyers accounted for 29% of sales in July, consistent with June but slightly down from 30% in July 2023.
All-Cash Sales: All-cash sales made up 27% of transactions in July, slightly down from 28% in June but an increase from 26% a year ago.
Investor Activity: Individual investors or second-home buyers, who often make cash purchases, bought 13% of homes in July, down from 16% in both June 2024 and July 2023.
Distressed Sales: Distressed sales, including foreclosures and short sales, represented 1% of sales in July, virtually unchanged from the previous month and the prior year.

Mortgage Rates

Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.49% as of August 15, slightly up from 6.47% the previous week but down from 7.09% one year ago.

Single-Family and Condo/Co-op Sales

Single-Family Homes: Sales rose by 1.4% to a seasonally adjusted annual rate of 3.57 million in July, a 1.4% decrease from the previous year. The median existing single-family home price was $428,500 in July, up 4.2% from July 2023.
Condominiums and Co-ops: Sales remained steady from June at a seasonally adjusted annual rate of 380,000 units, but this represents an 11.6% decline from a year ago (430,000 units). The median existing condo price was $367,500 in July, up 2.7% from the prior year ($357,900).

Yun commented, “The median home price for condominiums is lower, but the condominium market continues to underperform compared to the single-family market. Rising maintenance and insurance costs have diminished the appeal of condominiums.”

Regional Breakdown

Northeast: Existing-home sales increased by 4.3% from June to an annual rate of 490,000 in July, a 2.1% rise from July 2023. The median price in the Northeast was $505,100, an 8.3% increase from last year.
Midwest: Existing-home sales remained unchanged in July at an annual rate of 920,000, though this represents a 5.2% decline from the previous year. The median price in the Midwest was $321,300, up 4.5% from July 2023.
South: Existing-home sales grew by 1.1% from June to an annual rate of 1.79 million in July, but this is a 3.8% decrease from one year ago. The median price in the South was $372,500, a 2.3% increase from the previous year.
West: The West saw existing-home sales rise by 1.4% in July, reaching an annual rate of 750,000, which is also a 1.4% increase from a year ago. The median price in the West was $629,500, a 3.4% increase from July 2023.

Why Choose RE/MAX Heritage – A Bardell Real Estate Company

At RE/MAX Heritage, we are Florida Property Specialists, offering unparalleled expertise in new and resale vacation homes, investment properties, retirement homes, residential properties, and long-term property management/leasing services. Serving the Orlando area, we are your gateway to buying and selling real estate with confidence.

Legacy of Excellence
Established as Bardell Real Estate in 1989, we have been a trusted name in Central Florida for over 30 years. Our decision to join the RE/MAX family in December 2021 enhances our ability to deliver top-tier service by combining our deep-rooted values of honesty, integrity, and respect with RE/MAX’s global resources.

Full-Service Real Estate Expertise
As a full-service real estate office, RE/MAX Heritage is committed to meeting all your real estate needs—whether you’re buying, selling, or seeking long-term leasing services. We operate in full compliance with the Fair Housing Act, the Fair Credit Reporting Act, and all relevant laws to ensure the highest standards of service.

Our Commitment
Our product is service, and our tools are people and property. We are dedicated to delivering a warm, friendly experience focused on helping you achieve your real estate goals, coupled with the highest level of professionalism to solve your needs better than anyone else.

Motto: “WHEN ONLY A PROFESSIONAL WILL DO.”

Choose RE/MAX Heritage to experience a perfect blend of heritage, expertise, and global reach, ensuring your real estate journey is nothing short of exceptional.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

Real Estate Sales Report May 2024

by Elsa Soto | Jul 10, 2024 | Blog, Buyers, Homeowners, News, Real Estate News, Renters, Sellers

Real Estate Sales Report May 2024

Existing-home sales slightly declined in May while the median sales price reached a record high, as reported by the National Association of REALTORS® (NAR). Sales fell month-over-month in the South but remained stable in the Northeast, Midwest, and West. Year-over-year, the Midwest saw a rise in sales, whereas the Northeast, South, and West experienced declines.

Total existing-home sales, encompassing single-family homes, townhomes, condominiums, and co-ops, decreased by 0.7% from April, reaching a seasonally adjusted annual rate of 4.11 million in May. Compared to last year, sales dropped by 2.8% from 4.23 million in May 2023.

The NAR Chief Economist, Lawrence Yun, stated that more inventory will eventually help boost home sales and tame home price gains in the upcoming months. Increased housing supply is expected to benefit consumers who want to see more properties before making purchasing decisions.

Total housing inventory at the end of May was 1.28 million units, marking a 6.7% increase from April and an 18.5% increase from one year ago (1.08 million). The unsold inventory is at a 3.7-month supply at the current sales pace, up from 3.5 months in April and 3.1 months in May 2023.

The median existing-home price for all housing types in May was $419,300, the highest ever recorded, up 5.8% from one year ago ($396,500). All four U.S. regions registered price gains.

Yun noted that home prices reaching new highs are creating a wider divide between those owning properties and those who wish to be first-time buyers. The mortgage payment for a typical home today is more than double that of homes purchased before 2020. Despite this, first-time buyers in the market understand the long-term benefits of owning.

REALTORS® Confidence Index According to the monthly REALTORS® Confidence Index, properties typically remained on the market for 24 days in May, down from 26 days in April but up from 18 days in May 2023.

First-time buyers accounted for 31% of sales in May, down from 33% in April but up from 28% in May 2023. NAR’s 2023 Profile of Home Buyers and Sellers, released in November 2023, indicated that the annual share of first-time buyers was 32%.

All-cash sales made up 28% of transactions in May, unchanged from April but up from 25% a year ago. Individual investors or second-home buyers, who comprise many cash sales, purchased 16% of homes in May, the same as in April and up from 15% in May 2023. Distressed sales – foreclosures and short sales – represented 2% of sales in May, unchanged from both last month and the previous year.

Mortgage Rates According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.87% as of June 20, down from 6.95% the previous week but up from 6.67% a year ago.

Single-family and Condo/Co-op Sales Single-family home sales declined to a seasonally adjusted annual rate of 3.71 million in May, down 0.8% from 3.74 million in April and 2.1% from the previous year. The median existing single-family home price was $424,500 in May, up 5.7% from May 2023. Existing condominium and co-op sales were unchanged from April, at a seasonally adjusted annual rate of 400,000 units in May, but down 9.1% from one year ago (440,000 units). The median existing condo price was $371,300 in May, up 5.1% from the previous year ($353,300).

Regional Breakdown

Northeast: Existing-home sales were unchanged from April at an annual rate of 480,000, a 4% decline from May 2023. The median price was $479,200, up 9.2% from the previous year.
Midwest: Existing-home sales remained steady from April at an annual rate of 1 million, a 1% increase from a year ago. The median price was $317,100, up 6.4% from May 2023.
South: Sales fell 1.6% from April to an annual rate of 1.87 million in May, down 5.1% from the previous year. The median price was $374,300, up 3.6% from last year.
West: Sales in May were unchanged from April at an annual rate of 760,000, a 1.3% decrease from one year earlier. The median price was $632,900, up 5.5% from May 2023.

About the National Association of REALTORS® The National Association of REALTORS® is the largest trade association in America, representing 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark identifying a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

JUST LISTED: 850 AVE N SW, WINTER HAVEN, Florida

by Elsa Soto | Jul 8, 2024 | Blog, Buyers, Homeowners, Homes, Villas and Condos, New Listing, Property for Sale, Sellers

JUST LISTED: 850 AVE N SW, WINTER HAVEN, Florida

Blog Post 7

850 AVENUE N SW, WINTER HAVEN, FL

Click here to Get Directions

$ CLICK FOR CURRENT PRICE

2 BEDROOMS

2 BATHROOMS

0.25 sqft Lot

Welcome Home!! Hoping for a large corner lot, no HOA, yet still be minutes from downtown? Then, you have found your new home!! Set on a spacious 10,000-square-foot lot, this property offers ample room for expansion and customization to suit your lifestyle. But, rest assured this home boasts of a new build! Brand new roof, sewer, underground plumbing, new floor with waterproof vinyl added throughout. An energy efficient a/c, tankless water heater, spray insulation have all been installed at the beginning of the year. The original cinder block outside walls were built to withstand a hurricane by the original builder, but also buffers any noise of the outside world. You will enjoy a quiet home, even at the edge of a bustling town. Now let’s talk about the best part of your new home – a large new kitchen with soft-close wood cabinets, including a pantry, brand new stainless steel appliances, fun floating shelves, with an already painted accent wall. Benefit from a designer’s touch, accent colors and beautiful new bathrooms with modern vanities, fixtures, and tile. The 2 bedrooms have walk-in closets with a bonus laundry room, also with brand new washer/dryer set. Every inch of this cozy home was thought out to maximize space. A new front porch was built to emphasize the lakeview across the way. Enjoy this large lot, free of HOA fees, and make it your own in future years. Add a fence, garage, pool, carport, or even an additional building for a workshop or ADU. Not many town properties offer this much potential and land, while having a great start with everything new and improved in your home! Just minutes from restaurants, the local sports complex with a public pool, and only a little over 10 minutes from Legoland — get the best of Winter Haven and enjoy easy access to Lakeland and Auburndale via the backroads. Schedule your in person or virtual tour today!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

[formlift id=”36911″]