Real Estate Exposed 12.13.2023

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Episode Transcript

(00:05):
Good morning, and welcome to RealEstate Exposed on News Radio w CCF,
A fast paced hour look into thelocal real estate economy. Look at the
local real estate markets from Sarasota throughCharlie Lee Counties, and all the details
that we can possibly squeeze out ofthe Patterson group at Keller Williams. They're
here to give us the latest information. I'm buying and selling. Your host

(00:27):
of the show is Matthew Patterson.I see Shannon's in attendance again today.
Of course, we've got Zane Scottwho's engineering our program. I'm Todd.
Matthews simply here to facilitate the conversation. So let us bring on the man
of the hour, that would beMatthew Patterson. How are we good?
You guys? See everybody feeling okay, been a lot of sickness going around
lately, feeling good, feeling well. My little one's still a little under

(00:48):
the weather. Yeah, she shehad gotten a flu of goodness. I
don't know, it feels like ayear ago. She still has a poor
things. Everybody's sick right now.You walk down the cold and flew isle
at the store, you're gonna seeempty shelves. You go it's crazy,
but I have to correct you.So I've been out for a couple of
weeks and I think actually Shannon nowhas claimed host and I'm just here the

(01:12):
sidekick pretty much. That's it.Well, we take turns, so that's
that's that's why we work so welltogether. Well, in your absence,
Shannon's always got some great information andgreat guests for us that she does a
great jealous and I know we're gladto have you back in studio. So
let's dive right into the local realestate economy, real estate market and everything

(01:34):
that you can can glean for us. I know it well obviously you know
a lot of attention still on interestrates, I will tell you we've seen
an uptick in in the last probablythree weeks and contracts and offers, so
buyer's definitely starting to get out ofthat hibernation and get back into it.

(01:56):
The FED meets today, personally,I mean, just from the people I've
talked to, I don't know thatthey're gonna make a make really make much
of a move today. I thinkit's gonna be the first quarter, probably
around March before we see that.But still to not go up definitely helps
the confidence, so so I thinkthat's definitely a positive. I think this

(02:19):
is the last meeting for the FEDSthis year too, so yeah, yeah,
whatever happens, we can breathe thesign and they probably go on vacational
like March. Right, That's exactlywhat happens when when you're a bureaucraty absolutely
okay, So you know, inventorywise, so here's what we're seeing.
Obviously, listings have been up,you know, to talk about our area
the last week, one hundred ninetythree listings, one hundred and fourteen one

(02:42):
under contract. Okay, Now Iwill tell you it's usually it's look,
we see some slower times throughout theseholidays, right, people have other things
going, other things happening, So, but then we'll see some some spikes
too. So to look at theoverall picture, though, here's the thing
our inventory is. You know,it looks like our month's inventory is up,

(03:04):
but when you actually look at it, it's it's because of because of
the holidays, less less home sould. Okay, So maybe you had you
know, half of what you didthe previous months for the last month,
so it looks like your inventory wentway up when you actually look at the
homes on the market, they're veryclose. I mean, you know,

(03:25):
month over month over month, fourto six hundred thousand, I mean definitely
that jumped up on one hundred properties, but the other ones very close.
Okay. So my point to thisis when these buyers re engage, like
we've said it before, which ishappening now and it's going to continue to
happen, You're going to see thisinventory get gobbled up very fast and the

(03:46):
prices go back up. And allthis talk about the direction that the real
estate market is going. I thinkit's important to remember, and you've told
us as many times, we arestill looking at a very low inventory situation
nationwide. Correct, even though thisseems like, well, there are more
homes on the market now, inventorymust be up enough to satisfy the demand
that's expected. That's exactly right.Yeah, yeah, So you know with

(04:11):
that, I would encourage anyone.You know, yes, I know you're
waiting on those interest rates, butI can promise you're going to pay more,
So I would I would definitely encourageyou to get in, get in
now, pick the property, getit under contract again. You can always
refinance it. What I like it, It's very much worth emphasis is that
whatever the current prim rate happens tobe or the local bank is offering,

(04:34):
just kind of ignore that number becauseask yourself, what is the number that
will make you happy and ready tobuy? And the answer is the Patterson
Group has creative ways to get youthere. We do, yeah, we
can do buydowns. We can youknow, ask for sellar assistants there right
now where it's about seven percent asof today on the home loans and I

(04:58):
know that seems extremely high compared tothe three percent two point seventy five we
were paying a good days, butyou really look at, you know,
at a bigger picture. Seven percentis not warble. No. So now
I'm not saying I wouldn't want fouror five and you'll get that it's coming.
It's good that you're going to seethose changes. Not I'll just taking
some time. Can you get thatinterest rate down for the purpose of buying

(05:20):
the home that you see today thatyou don't want to let slip through your
fingers necessarily, But then refinancing canbe done down the road when the interest
rates come back down again, andyou don't even necessarily have to reach into
your pocket to make that happen.On. That's exactly. I don't want
to refinance. It's going to causeme a lot of money. Well,
in the past, it has notsomebody today. Here's the thing, no,
because why because the lenders of it, as we've been saying that sellers

(05:44):
are started, you know, havehave are giving concessions again and assistance and
buydowns. Well it's the same thingon the lending side, and maybe they
don't want me to say that,but that's the reality. The market has
changed. And you know, Iknow some of them that were doing forty
forty deals more month that are doingthree to five. Oh yeah, you
know a large a lot of lendershave or you know, I'm sorry,

(06:06):
processors and people in the business havehave now moved out. Well that opens
up and uh, you know fornegotiation. That's the way the market's supposed
to work. And it sounds likethat's exactly right right on all right,
So that gives us an idea ofthe inventory that's available and how much activity
there's been as of late. It'spicking up. Do you see the local

(06:30):
events that we have on our calendar. Of course, the big one is
we can't ignore this kind of thethe gorilla in the room so to speak,
is the opening of Sunseeker. Doyou see that as affecting positively,
negatively neutral as far as no commenttried depending down. No, I look,

(06:51):
there's a lot of mixed emotions aboutit. By the way, that
the project looks beautiful. I driveby it multiple times a day, coming
into Word, going to appointments,come, you know, going home.
It looks beautiful, gorgeous by thewater, by the way, and and
and I know it's gonna it's gonnaprovide or saw some needs. You know,

(07:13):
they've got a huge conference area,uh, multiple restaurants and bars,
and it would be a great weddingvenue. But let's face it, the
traffic they've got, they're going tofigure it out, unfortunately, and you
know, starting you know, Friday, I will be coming in off the
interstate to not go through there becauseit's already been right now, it's just

(07:39):
bumper to bumper and it's like everyman for this suff it's typical snowbird driving
in Port Charlotte, punt and Guardawhere nobody obeys, you know, the
rules of the road. So it'sdefinitely been a challenge. Yeah, and
you know in the county, Imean obviously you know, there was an
article on the county Uh. Youknow they're uh, they're working on getting
a stop light there. Yes,I saw that. Yep, it will

(08:01):
help to some degree. But they'resaying that because of supply chain issues and
all that, it could be ayear. So then what's the temporary fix.
They're talking about a temporary stop light, but ultimately they're talking about using
our police officers to help traffic.That's exactly right, which we know that
they are already you know in stretchthere stretched very use for law enforcement and

(08:24):
obviously puts their lives in serious jeopardywith the quality or lack thereof of some
of our drivers on our highway.So it would be high that's really risky,
and I hope that doesn't have tohappen. Well, it should be
interesting because we aren't just a coupleof days away from opening. We are
and I know a lot. Look, hey, I can't we it's exciting
to see the inside of it.Chane and I were talking about this earlier.

(08:48):
And but also you know, soI know everybody's going to try to
want to check the restaurants out.Don't forget about our local restaurants have been
here and you know, in allof our local shops and stores, if
you want them to continue, wegot to support him. That's a very
good point. So I think Zanehad something he was going to chime in.
Oh, it was just a friendof mine who's posted on Facebook a

(09:09):
possible solution for the traffic problem,and it had the area right in front
of Sunseeker made into a roller coasterloop the loop. It was really funny.
One of the best posts I've everseen. That would definitely be more
interesting than what's going to be happeningnow. Yeah, man, clover leafs,
converging diamonds. Who knows way trafficsomething I don't know. Yeah,

(09:31):
but we are a couple of daysaway from dealing with this, and for
some it would be enjoyable. Forothers, there's that pushed back and not
so much. We'll let to seenext week at this time, perhaps we'll
have a conversation about how it went. We do need to take a time
out. I see we're pushing theclock here a little bit right back with
more real estate exposed on news radiow CCF, no story or will not

(09:52):
gole Chuck, Keith and Stephanie movearound a lot so They've set a few
homes in their day, four homesin four states to be exact. They've
never had a positive experience in anyof the process, that is until they
work with Matthew Patterson, whether itwas his communication, staging, or marketing.
Matt showed the couple that when realtorscare about what they do, they

(10:13):
can make a huge difference. Mattgot their home sold in just a few
weeks for over the asking price.This is Chuck Britton for the Patterson Group
called the only agent I would trustif I need to sell a home in
the Southwest Florida area, Matthew Pattersonthe Patterson Group at Keller Williams. You
can find out what your home isworth on a matter of seconds by a
true market expert. Just go onlineto Matthew Patterson dot com right now or

(10:35):
give them a call at nine fourone six eighty six hundred and then start
packing because you will be moving yourhome sales down when you call Matthew Patterson.
Go to Matthew Patterson dot com.I don't mean to get personal,
but how old is your pool leater? This is Todd Matthews on behalf of

(10:56):
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want to consider replacement. The newerheaters are much more cost efficient and you
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Give them a call today at ninefour one sixty five six zero zero seven.
That's nine four one sixty two fivesix zero zero seven. And remember,

(11:16):
Howard's didn't invent pool service, theyperfected it. Why ses I Recpcal
five three three one zero. It'sthe little things that make a big difference.
That's the motto of Oak and InkLand and Title Company. Picture this
a seamless, stress free closing wheretheir expert team will guide you through the
closing process from start to finish.They understand that every home purchase is unique.
That's why their personalized service insures yourneeds are met with precision and care.

(11:39):
At Oak and Ink Land and Title, you aren't just a customer your
family. Call today at nine fourone five zero zero five five zero nine
or online at Oak Andinc. Titledot com. The local organization Care,
the Center for Abuse and Rape Emergencies, needs your help. Care provides twenty
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(12:03):
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(12:28):
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(12:48):
difference. Thank you for caring yourhome sales down with you. Call Mathew
person a man you Pats. Welcomeback to real estate exposed on news radio

(13:15):
WCCF, brought to you by thePatterson Real Estate Group. I am rather
confident along the way today, you'regonna hear something you want to follow up
on the phone number to do sois nine four six hundred dollars repeatedly give
that number out because anything real estate, even if it's just a general question,
you always want to contact the PattersonGroup at nine four one six two

(13:35):
one eighty six hundred. Uh.I know that there is a lot going
on, and I I I don'twant to give direction to the show.
It's it's your your duty to dothat. But I also know that affordable
housing has been an important topic asof late. It's an issue, right,
I mean here Lee County, Imean all southwest Florida. Yeah,

(13:58):
so you know what it's. Youknow, that's the thing with progress and
with growth, you know, anddemand as prices go up, and it's
becoming very very difficult for many people. So I know the county is looking
into you know, the developers whoare playing in three different affordable projects in
Charlotte County. We know we've gotthe one going on Loveland. So the

(14:20):
county is you know, they areworking on it. Of course, it's
not going to feel like it's fastenough to mind never no, and yet
others are going to push back becauseit's growth period, right right, Well
that that training is less the stationOkay, Yeah, the growth is already
here, and those people that youknow, might want to try to stop

(14:41):
it. Yeah, like you said, there they're a day late and a
dollar short. So just got toembrace it and make sure it's you know
the best thing for our community andthat that's affordable to you know, all
the different people that are coming hereto relocate and start lives here, and
with all of the business that hasbeen boring into Southwest Florida in general,

(15:01):
not necessarily just Charlotte County, weare going to have a lot of workers
coming They're going to need that affordablehousing, so it has to be addressed.
Well, yeah, I mean whenyou see rents at you know,
on average of twenty two hundred dollars, right, but yet the incomes are
not changing fast enough to support that, Right, What do you do her
to report the other day that asfar as inflation, we say, we've

(15:24):
talked about that for the better partof it a couple of years now.
And as far as inflation goes thatat the time, remember when it was
chicken, and it was eggs,and it was groceries, and I do
remember the day because everbody wouldn't boughtchickens, right, and all of that
contributed to the high inflation numbers.Now they're saying basically, it's one thing
and one thing only rent, that'swhat housing. Yeah, housing for sure,

(15:48):
but you know, and you're right. So I saw the CPI,
the Consumer Pricing Index, which youknow, there's been a lot of talk
about because of the inflation. Wewere over nine one, I think,
don't hold me to that nine toone ninety two. Now we're at three
point one today, okay, Sowhich is where we want to see it
and to start making this change andto start seeing these the change in goods

(16:15):
and interest rates, so on andso forth. But also on the other
side of it, if you goback to pre pandemic and compared to today,
to buy the same things that youwould spend one hundred dollars for.
This was just on the news thismorning. So I can't take credit for
but one hundred dollars for now costsone one hundred and twenty dollars. Not

(16:36):
surprised. There's the pain point,right, And then you go to the
housing. I mean, a lotof people are spending thirty eight forty forty
two percent of their income on housing, whether it's rent or or you own.
And that's a problem because obviously youknow everybody said you should keep it
thirty percent or less. You know, that's a pain point, it really

(16:56):
is. So what do you dome? Yeah, I'm asking you,
Okay, I think what you dois obviously you if you can own owning
over running like you like you alwayssay you're sleeping in your own bank.
That's exactly right, and take advantageof again these times where you can buy

(17:21):
and buy for less and then refinanceand get that interest down to try to
keep that at thirty percent or less. Okay, and uh, as far
as groceries and all, I know, it's tough. It's tough. That's
you know, we all have todeal with it. Well, I did
notice that I'm coming into town todaythe gas is dropping significantly. I mean

(17:41):
it's been dropping. I got itfor like two eighty something the other day
and it's now in the two seventies. So that's a nice little cheese.
Obviously, it'll go walk up afterthe holidays or right before the holidays,
funny as it usually goes up duringthe holidays, right, So I'm actually
been shocking. It's been interesting.On top of that, I'm gonna buy
two chickens on the way home.That was a joke of Everly is listing.
I'm no chicken is not happening now. But speaking of the weekend,

(18:07):
there are events that we can doother than buying chickens, which got well.
The Charlotte Players the best Christmas pageantever. The musical is Thursday December
fourteenth through Sunday December seventeenth. There'smatinees and seven thirty evening shows. That's
that's a fine lofty title. I'msure they can. Yeah, you know.

(18:33):
I drug my boyfriend to the Nutcrackerlast Friday night and no, it
wasn't. It wasn't actually no.I mean, the performers were fantastic,
but in my mind it was differentfrom being younger and seeing the Nutcracker.
And so at halftime, as Icall it, I looked at him and
I said, hey, why don'twe go home and eat? And he

(18:56):
could not have got out of theirfaster. So so we stayed through half
of it. I felt like Igot part of my money's worth it.
But yeah, so, you know, but there's a lot of people loved
it, and there's all these andthe ballery and oh it was wonderful.
So but if you want to gotake a nice walk through the botanical gardens
out on Peace River, out onRiverside Drive, gardens a glow starting this

(19:19):
Friday at six it runs through ChristmasEve. That's a great place we did
our Red Day of I had noidea that the size and everything that they
had going there. It's on bothsides of the road. It's gorgeous.
Yeah, I can only imagine howgreat it looks at Christmas. So I'm
glad I didn't have to put thoselights up. Oh yeah, I can

(19:41):
imagine. Port Charlottetown Center has aholiday artists and fair this Saturday and Sunday
Pictures with Santa, And then ifyou want to go take a little drive
south. I highly recommend going tothe Edison Ford Winter Estates every night at
six pm until December twenty eighth.The whole the States are lit up for
Christmas, and it really is beautifulto walk through the Ford and Edison Estates

(20:07):
and all the lights, and theydo such a great job of decorating.
So that's always a fun kind ofdate night. We took a group there
a few years ago and it wasreally nice. It is you know,
they've got and they've got snacks anddrinks and hot cocoa and coffee, and
it's just such a beautiful grounds andthe way they have all the buildings set
up and to see you know,how you know Edison lived life was it

(20:29):
was really Yeah. It was fascinating, isn't it. Yeah, And I
mean obviously he picked a very greatlocation there with the water is gorgeous.
Well, and you know, ifI was going to do it, I'm
I'm going to go a little earlierin the day and I'm going to head
down to Margaritaville also because that resortjust opened in Fort Myers and that looks
fantastic. I'm definitely excited to gocheck out Margaritaville, have a couple of

(20:53):
Margarita's down by the pool and justenjoy that tropical kind of homage to Jimmy
Buffett there pits. Yeah. Yeah, that's uh. I think we should
have some team meetings down there inthe near future. I think we can
really get a lot of production done. That's there's been a lot of uh

(21:15):
excitement over Margueritaville, and that communityhas embraced that resort opening to a great
deal. I think the timing iswell, you know, they worked on
that for over a decade getting itdone, and then I think obviously with
the Hurricane Ian, you know,it's it's definitely something that's needed right now

(21:36):
to draw people over to that.So many of the things are gone,
I mean, and of course wewant to see them back, but yeah,
I think the time of an openingit, they're going to do well
and it's going to be a greatgathering spot, if you will. Okay,
So a lot to do is wealways say that is why so many
people want to move to our neighborhoodin southwest Florida, because year round we

(21:57):
have so much to do. Youwill. Yesterday morning and it was chilly.
It didn't last long. I kindof wanted it to, be honest.
Yeah. Yeah, a holidays andyou know, I kind of wanted
it to. It definitely had mein the in the mood to be in
the woods, you know, observingdeer if you observing observing, oh that's
what we call. Yeah. Sure, And and of course football season,

(22:18):
right exactly so, but yeah,of course it's a beautiful place. This
is why we're here, right,That's exactly why. And even on these
cloudy days when it's kind of stillcool, I mean, it was seventy
one degrees and it's still a littlechilly because there's no sunshine. It's it's
I'm having that up North depression thinghappening. I'm pretending there's snow clouds and

(22:40):
that actually makes me happy. Okay, So you got it's so funny because
anyone that's listening, which there's somany here for me, other places like
myself from Indiana. These cloudy days. Yeah, there's like one or two
and thirty days. Yead Yeah,go to Indiana. I mean you get
it for months. So yeah,I'm good. I mean one day is
good, but I need you know, I mean enough it was pretty sunny

(23:03):
most of the time in Jersey.I have to say, I'm glad I'm
not there. I know there's alot of grounds still to cover. On
today's show, keeping Safer and holidays, real estate scams and of course those
are absolutely everywhere. We're going totalk about this a lot more to get
to, so please stick around.We're going to take another time out and
be right back with more real estateexposed on news radio WCCF Hi Stott Matthews,

(23:26):
do you have a lucky number formister and missus Beckham that lucky number,
turns out, was three. Quickand fast. That's what the Beckhams
wanted to do when they decided tosell their home, and this is what
they said in their review of thePatterson Group. We had an amazing experience
within just three days of listing ourhome, where we received a cash offer
and successfully closed on it just threeweeks later. You see, the best

(23:47):
part of the experience was the exceptionalpersonal gear we received from the entire staff.
We feel very blessed to have workedwith Shelley and the entire group at
the Matthew Patterson office. I knowexactly what they're talking about. Find out
what your home is worth in amatter of seconds by a true market expert.
Go to Matthew Patterson dot com rightnow. Call the only agent I
would trust if I needed to sella home in the southwest Florida area,

(24:08):
Matthew Patterson of the Patterson Group atKelder Williams. Or give them a call
at nine four one six two oneeighty six hundred and start packing because you
will be moving your home. Saleis done when you call Matthew Patterson.
Go to Matthew Patterson dot com.I don't mean to get personal But how

(24:29):
old is your pool heater? Thisis Todd Matthews on behalf of Howard's Pool
World, and if your heater isolder than twelve years, you might want
to consider a replacement. The newerheaters are much more cost efficient and you
don't have to worry about not havinga heated pool this winter. Remember Howard's
brings the pool heater store to youin the comfort of your own home.
Give them a call today at ninefour one sixty two five six zero zero
seven. That's nine four one sixtwo five six zero zero seven. And

(24:52):
remember Howard's didn't invent pool service,they perfected it twice is am RECPC five
three three one to zero. It'sthe little thing that make a big difference.
That's the motto of Oak and inkLand and Title Company. Picture this
a seamless, stress free clothing wheretheir expert team will guide you through the
closing process from start to finish.They understand that every home purchase is unique.

(25:12):
That's why their personalized service insures yourneeds are met with precision and care.
At Oak and ink Land and Title, you aren't just a customer,
your family. Call today at ninefour one five zero zero five five zero
nine or online at oakandinctitle dot com. When you get ready to donate household
items and clothing, or are lookingfor a great bargain, consider this.

(25:34):
Charlotte County's Care the Center for Abuseand Rape Emergencies has to reuse stores Inport
Charlotte on Kenilworth Boulevard and in Inglewoodon Environmental Way. Both stores are open
Tuesday through Saturday from nine to threethirty. All proceeds benefit the survivors of
domestic violence and sexual assault. Stopbuy and show you care. You can't

(25:57):
buy a best trick. You canlove them, walk them, pet them,
and care for them whether they wantyou to or not. You can
take a picture or fifty. Youcan fly to the moon, travel the
world, or just stay in bed. You can't buy a best friend like
that, but you can adopt one. There are millions of pets waiting for

(26:22):
a best friend, just like you. Help us save them all at best
friends dot org. Your home saleis done when you call Matthew Patterson.
Go to Matthew Patterson dot Welcome backto real estate exposed on NewsRadio WCCF.

(26:45):
Let me remind you this program isbrought to you by the Patterson real estate
group, and you can find outa lot more about the Patterson Group and
than homes for sale, and evenget and a pretty accurate number as to
what your home is worth at MatthewPatterson dot com Matthew Patterson dot com.
We'll talk more a little bit laterabout getting a very specific dollar figure for

(27:07):
you by getting a CMA, acomparative market analysis. But we're gonna wait
a few more minutes to get backto that. Let's get back to the
host of the show, Matthew Patterson. We have Shannon Gorman here as well,
and from the Patterson Group, weget all kinds of great information.
We're kind of going through a hodgepodgeright now. But there's so much effecta
time, right and there's so muchthat affects either enthusiasm or the lack of

(27:30):
for the new year. And I'mseeing enthusiasm. I'm seeing a bullish prediction
from Matthew Patterson. Thank it's gonnabe good. Yeah, I do.
I see the excitement. Ye,all right, So as we're in the
holiday time and not to be doingin the loom, but we also,
hey, our area is changing,it is busier. There's other things,
you know, you know happening.So you know, Lizard pulled some information

(27:55):
on this for me on the youknow, to talk about making sure that
you're you know, if you're nothere your home loooks occupied during the holidays,
you know, secure all your doors, keep your you know, your
yard tidy. Don't leave valuables ondisplay after you open all those Christmas presents,
that flat screen TV box and thecomputer boxes and all the electronic don't

(28:17):
put them down by the by thetrash. Can you know we got we
do have to think about that,and we want to be safe for sure,
especially these days where it seems likecrime and criminals have gotten so much
more brazen. So yeah, attackingups and Amazon drivers pulling them out of

(28:37):
their trucks and stan I mean,just this no holds barred anymore, it
really is. And that's the otherthing. Think about the packaging, like
I mean, you know, Ihave mind sent to the office, you
know, you know, especially ata time like this, if they're sitting
on your front porch, porch piratesare more than happy to take them off
your hands. So yeah, yeah, it's sad. So just wanted to

(28:59):
mention that also roll you know,to roll out of that is is you
know, you've probably seen it onthe news. It's been become very very
common, sadly, is the wiringscams. Have you seen that? Yeah,
they roll around and then kind ofgo away, and then they come
back again. Listen, this isa real, real situation. We have
experienced a lot of well several,I shouldn't say a lot. You know,

(29:25):
they tend to attack vacant land forinstance. Well, you know,
we'll get contacted saying hey, Iwant you to list my property. You
know, obviously there's clues that welook for. Then we now take other
steps to go deeper. But there'sbeen you know, several out there.
We were just talking talking about thisactually at a Keller Williams meeting with all
the agents that you know, somehave actually come close to closing when they

(29:48):
don't actually own the land. Ohwow, Oh yeah, I mean I'm
talking fake IDs, fake passports,fake like. You know, we've had
to take a lot of a lotof different measures in that regard. So
how does it, How does thisparticular work? Exactly? A lot of
times they will pick vacant land that'sbeen own by the same person for a
very long time, and then theycontact an agent and try to act like
they they yeah, like they ownit, like they own it. Yeah.

(30:12):
I heard one example. I Idon't I mean I wasn't involved in
it, but one example where alot actually sold in the people started building
a house on it. Oh yes, oh yes. So so they're very
crafty. So you know that's that'sthat side of it. Now, the
wiring scams, it looks so real. What they will do is you know

(30:33):
it like for instance, I'll justtalk about the one that I saw on
the on the news because it's it'sactually similar to one that that I was
involved with. They they had hackedsomehow. I don't know how. I'm
not a hacker. They had hackedthe email of the title company. Okay,
so then they're seeing all these emails, so they're seeing the correspondence,

(30:55):
they know the property addressed, theyknow when it's closing, that's right.
So what they do then is thenthey take that it's got the letterhead on
it, it's got everything on it. You know, I've seen them duplicate
Google stuff. It looks so realyou wouldn't know. And they just changed
that routing number so that that wirenumber. So then all of a sudden

(31:15):
let's say it's you. You goto send the money for your closing or
for your doubts, whatever it is, Yep, and it goes straight to
them instead of making it to thetitle company. It's a serious problem.
The report I saw of the banktrust had a couple of large cases.
A guy's out nine hundred thousand onthe house and four buyers, and another

(31:37):
business is out two hundred and fortythousand. So just just be aware.
One is call the title company,calls the attorney, whoever's doing your closing.
You want to call them, youwant to speak to them, you
want to confirm that it's from them. And and as as far as our
team, we will never send myinstructions now used two years ago we did
no problem. I had on filetitle companies wiring instructions. Send it.

(32:01):
You know, you might say,hey, can you send it to be
sure? We will not so andmost agents should or all agents should not
now, so make sure you're doingdirectly with the closing company. It's a
shame that these precautions need to beeven much less taken. But I feel
like we have a responsibility to mentionit because you know, a lot of

(32:22):
times maybe you've done you know,two real estate deals, three real estate
or maybe maybe you've done multiple,but you haven't done any in ten years.
It's a different ballgame, definitely different. You know, where it's not
where you just go get a cashier'scheck from the bank anymore. It's a
convenience factor. But something as littleas changing, you know, a letter
in an email is today is howthey get it to reroute to them so

(32:44):
and it's not something you would automaticallyjust catch by just reading it. It's
like, oh, yeah, that'show you spell that person's name. But
it's just just so subtle, right, we all have the same thing happen
in our emails and text messages,and we get at these these goofy messages
that you can clearly see if Iget one more from Facebook saying that is

(33:06):
going to be deactivating click here,and you see I'm going to screw the
misspelling and the poor grammar and theimage. It doesn't look very good,
and you know it's a scam.What the experts are saying is the scammers
are getting so much more sophisticated bythe second and with AI now it's going
to get even more. It isgoing to be very very difficult to look

(33:28):
at it and at a glance likeI just described, see this is a
scam. I'm going to avoid this. Best rule of thumb is if you
did not solicit the company for something, then don't fall for it. Well
yeah, like that, I forgetwhat Google schem it was. And basically
they finally went on too the meetiaand said, look, Google doesn't call
you, right, they don't dothis, Like there's it's impossible to be

(33:51):
Google neither, does you know theirs? Exception one? Yes, yeah,
you're gonna be arrested unless you giveus five thousand dollars five o'clock to
day you and can give car Yeahthat that's dirius. Does that do that?
No? No, I get theseemails all the time from PayPal.
Oh your order of this XYZ cellphone has already been paid for, congratulations,

(34:13):
that should be shipped. I'm like, h yeah, I don't think
so, Delete block, spam,all that good stuff. But for some
people see it, they may panicand go, oh my gosh, somebody
hacked my PayPal account. And onceyou respond, well, then you're in
trouble, you know. And Iactually took all my banking information out of
PayPal. I don't, I don't. I don't use it. I don't
use it, unfortunately, And nodisrespect to PayPal, but it's just unfortunately

(34:35):
it's one of those vulnerable companies thatpeople are using to get access to your
funds. So a lot to looka lot to look forward to in twenty
four, a lot to be carefulabout in twenty four as well. I
want to ask you because I knowthat there's been a big change in thinking
in Charloie County. The one timeproposed water park that was going to be

(34:55):
in the you know, the Murdocharea or as I don't know if some
call it, you know, PortCharlotte North or whatever. Yeah, supposed
to be. Yeah, I sawthe article, you know that the county
denied the developer's bid to buy theproposed water park land. So I don't
know the exact details of all ofthat. I know it seems like,

(35:16):
let's see, I've been here eighteenyears. It seems like at least fifteen
years of that I've heard about awater park. I've heard about since we
were little. There was supposed tobe this giant, wet and wild you
know, it was supposed to beactually way back when it was supposed to
be in south Punta Gorda, andthen now it's obviously, you know,
moved to It's just one of thosethings. It's like water, it just

(35:37):
moves. The locations keep moving.Here's my problem. You know, I'll
be forty seven here in a coupleof weeks, and I've been here.
You know, back then I couldhave enjoyed the wet and wild. Now
I'm getting old, you know,I mean, like, how long do
I got to wait for this?Well, they'll have a lazy river for
you. Yeah, we're talking alittle little you know, a little floating
and I can go down at exactlywhat you're joing becomes as the age watching

(36:02):
watching it through the eyes of thechildren. It's the same thing with you
know, Disney Adult Pleasures anymore,you go watch it through the eyes of
kids. There's nothing better, I'lltell you what, than that little girl.
So anything else going on in thecommunity, fact, the real estate
market, the local economy in general, Look, it's all going to affect
it as far I mean, pointblank, very desirable area. We are

(36:27):
on the map anywhere I go,whether I'm at conference, whether I'm in
you know, wherever before they wouldsay where are you from, or they'd
look at my tag and they'd saywhere's that. Now they know, they
know, and they've checked there andoh I just visited there. So it's

(36:50):
definitely So that's the reality. Wesee it building up. We see what's
I mean out King's Highway, wesee what's happening burst or road Jones Loop.
You know, it's going to continueto fill in, it's going to
continue to grow. That is naturallygoing to keep the prices moving up and
the demand high. So as faras other things going on, I know

(37:13):
the Panagorda has been talking about fora long time. I guess it's been
in the works. As far asthe expansion of the City Hall, Oh
yeah, I heard about that,Yeah, which I mean it's a you
know, I had read the articleand you know it sounds like that.
You know, they've got a lotof issues going on with the building,
which makes sense. It's it's anolder building, right, Let's see it
was built early nineteen Yeah, it'sin the historical register, so it's definitely.

(37:39):
Yeah, and then they then theydid an expansion in nineteen seventy eight,
built ninety nineteen twenty six and builttwenty six, expansion seventy eight.
They're talking about, you know,there's some that are voting for a third
story on it, others, youknow, suggesting we move across town.
You know, it sounds like something'sgoing to happen there and is it needed.

(38:00):
Yes, and it's absolutely need.I guess they've got people meeting in
different places in town because they don'thave room there and meeting room. So
I think we'll see that happening aswell as I makes to see what happens
with the museum area. I knowthere's been a lot of talk there.
You know, in the whole Fisherman'sVillage Gilchris Park is absolutely gorgeous. I

(38:20):
just love it. And lately you'vehad that massive boat that washed up against
the boat. I was walking therethe other day in that boat I think
is gone. I'm pretty sure it'sgone, but there's still a couple others
on the Lashly Park side of it. On the side there was some question
as you even had a first salesign on it, and nobody can figure

(38:43):
out. Well, I can tellyou that I am very happy and proud
of of our area of Charlotte Countyand Honta Gorda because they take care of
those things. There's still a boat. I was in Fort Myers the other
day, the same boat. Allyou can see is the mask sticking out
has been sitting there forever. Yeah, nobody does anything about it. They
just voat around it. Yeah,crely boating is a is a big problem

(39:05):
because there's so many legal hoops tojump through before you can just go yank
it out of the water. Sovery true. You got to think about
the all the what can happens andwhat can go wrong? Yea. Our
final segments of Real Estate Exposed.It's always fun because Matt brings his hot
listings of the week, and oftentimes that means listings you won't find anywhere
else. We're about to get intothat. Might want to have a pencil
and piece of paper handy. We'lltake our final time out on real Estate

(39:28):
Exposed here on news radio WCCF.The real estate market's constantly changing. To
get up to date information about themarket, you need to talk with an
expert, Matthew Patterson of the PattersonGroup at Keller Williams. What's going on
in the market now, Hey,Clay and Buck, thank you for asking.
I tell you it is hot inSouthwest Florida market right now. Of
course, with the interest rates up, that's starting to give some reprieve to

(39:50):
buyers. Inventories come up a littlebit, but still a very strong seller's
market. What we're telling our buyersis to get in there now, save
on that purchase where you don't haveas many competing offers, and we can
certainly refinanci you at no cost forthirty six months to get that current market
price on your home. Get thehigh, get the low. You can
go to our website and get itin seconds. We'll look forward to helping
you with all your real estate needs. With so much experience, Matthew and

(40:14):
his team have seen it all inthis market. You need them to advocate
for you. Matthew expertly handles anychallenge, making you more money and less
time, absolutely stress free. Lookhim up today, Google the Patterson Group,
or just look up Matthew Patterson dotcom, Keller Williams, Peace River
Partners. I don't mean to getpersonal, but how old is your pool

(40:34):
heater? This is Todd Matthews onbehalf of Howard's Pool World, and if
your heater is older than twelve years, you might want to consider a replacement.
The newer heaters are much more costefficient and you don't have to worry
about not having a heated pool thiswinter. Remember Howard's brings the pool heater
store to you and the comfort ofyour own home. Give them a call
today at nine four one six fivesix zero zero seven. That's nine four
one six five six zero zero seven. And remember Howard's didn't invent pool service,

(40:59):
they perfected it. Why is arecipcal fi three three one ozho It's
the little things that make a bigdifference. That's the motto of Oak and
Ink Land and Title Company. Picturethis a seamless, stress free closing where
their expert team will guide you throughthe closing process from start to finish.
They understand that every home purchase isunique. That's why their personalized service insures
your needs are met with precision andcare. At Oak and Ink Land and

(41:22):
Title, you aren't just a customeryour family Call today at nine four one
five zero zero five five zero nineor online at Oakandinc. Title dot com.
Did you know the care has notone, but two reuse stores located
at one nine seven sixty five KenilworthBoulevard, Port Charlotte, Florida three three
nine five four at seven oh sevenOhero Environmental Way, Englewood, Florida three

(41:45):
four two two four, open nineam to three thirty pm Tuesday through Saturday.
They offer a variety of merchandise,including clothing, household items, and
even furniture, and are currently acceptingdonations of items. All proceeds benefiting survivors
of domestic file, sexual assault,and other violent crimes in Charlotte County Stop
by today. Our veterans risked itall to protect our freedom. One of

(42:08):
the best ways to say thank youis to volunteer to support them at a
time and history where kindness is avirtue. Volunteering at a therapy bag event,
teaching a craft class, or simplyhelping veterans at a hospital means a
lot. For over forty seven years, Help Heal Veterans, a not for
profit organization, with the support ofcitizens like you, has created manufactured and

(42:32):
distributed therapeutic art and crafts projects forour veterans and military at no charge to
them. As a National Veteran Serviceorganization, Help Heal Veterans supports VA hospitals,
patients at home, and our activemilitary Together help heal veterans and volunteers
like you have delivered over thirty twomillion therapy kits to injured and recovering veterans.

(42:55):
To volunteer or learn more, visitheel vs dot org. That's heal
vets dot org. Your home saleis done when you call Matthew Patterson.
Go to Matthewcattison dot com. Welcomeback to your real estate exposed on news

(43:22):
radio WCCF, brought to you bythe Patterson real Estate Group, and they're
the ones you should call with anyquestions about real estate, just basic question
or if you'd like to get aCMA, a comparative market analysis on your
home. Good idea. By theway, the number is ninety four one
six one eighty six hundred nine fourone six two one eighty six hundred,

(43:43):
or you can go to Matthew Pattersondot com. This is when things get
to incredibly interesting, fast paced,as you bring to the table listings that
in many cases can't be found anywhereelse. That's exactly right. Now,
let's go back a minute. Let'stalk about you said CMA, it's a
comparative market How important is that?Well, I've been told by the experts
on business and it's incredibly important formultiple reasons. Best part of all is

(44:07):
it's provided absolutely at no charge.But even if you just use it to
make sure that your insurance coverage isadequate, love that certainly. If you
want to find out how much equityyou have, that's always nice. If
you're planning on selling and want aprice, and of course you preach you've
got to price it right at thestart you do. I'm not saying give
it away. I'm not saying underprice. I'm saying another real price right know

(44:30):
where the market's really at, youknow, and you know, if I've
had one and you know it's beenlike a month, what do you think
I think you should get another one? How about you? Absolutely absolutely well?
The market. The market changes everyday at five pmposes Yeah, I
think if you're a seller out thereand you know your your property has been

(44:50):
listed for thirty days, sixty days, and you're not getting showings, you're
not getting any interest, then youneed to reevaluate, you know where your
situation is good point too, Yeah, you know, not that we ever
recommend this, I certainly don't,but there are those who insist upon doing
a fizzbo for sale my owner andmaybe they're finding gee, I'm not getting
traffic, I'm not getting close it. Probably should get a CMA just to

(45:14):
find out if you're on the righttrack price wise. Well, and let's
let's think about the market that we'rein that you know, and I still
in any market, I think fizzicis wrong. And I'm not saying that,
I'm sorry, not your best avenue. I'm not saying it because I'm
a realtor. I'm saying because I'veseen the numbers daily. I've seen how
they get less money in their pocketthan if you if you put it out

(45:36):
to the masses, and the morepeople you get interested in one time,
the more money you're gonna get.So but definitely this market, this is
not a first sell buy owner market. Yeah, and we're seeing that a
lot of them are now going,hey, you know, I need your
help. Let's get this sold andyou can look it up. It doesn't
matter the resources. There are plentyof places you'll find this information. Statistically,
you will walk away with more moneyif you use a professional than if

(45:59):
you do it yourself. Absolutely,absolutely, every savings you think you're gonna
get on one end you're gonna loseit on the others. I don't think
exactly. All right, you wantto talk about some houses, let's go,
well, let's do eighteen thirty sixHancock Bridge Parkway. This one's in
Cape Coral. Mike's done a greatjob with this. He's doing an open
house on Saturday twelve to two.Come by and see him. It's got

(46:20):
a twenty twenty two. And donot laugh at me roof. Everyone makes
fun of how I say Roof updatedkisses. I can translate if you need
help, Yes, with Stainland stillappliances again. Built just a gorgeous house,
built nineteen ninety three, introduced tothe market at four forty five Shannon,
what say you well? Two eightone Skylark Lane in Port Charlotte.

(46:45):
We are doing an open house withJennifer Sunday from eleven am to one pm.
This is a furnished three bedroom,two bath, one car garage on
an oversized corner lot. You know, a great opportunity for investor or somebody
who you know maybe sold everything upnorth and wanted to buy a make a
purchase and move right in it forthree months. Rented out absolutely and I

(47:08):
can tell you I've been in thisabsolutely gorgeous. I mean it's it's moving
ready. Well, the list pricedefinitely says it's ready. It's two ninety
nine, so right in that sweetspot that we always talk about. I'm
a little biased, but I'll tellyou I think Jennifer is good. She
is good. She's our top agentand that's the reason why she's good.

(47:29):
We got some nipping on her heels, but yeah, she's awesome. She's
awesome, is all right? Sotwo five five six Baltic Avenue. This
one just put on the market thisweekend. Normally, you know, we
have a ton of photos. Thisis kind of a different situation. I've
done multiple worked with this seller multipletimes. He needed to get it on

(47:50):
and get it on quickly. Weare going to be updating those photos and
bringing more current stuff. Actually,I think it's getting a photo shot today.
But it's got a little bit ofit had a new roof before the
hurricane, had a few leaks.We're getting new drywall done, texturing all
of that. But it's on theit's a three bedroom, two bath,
it's got a oversized car port,it's on Baltic Avenue, and it's introduced

(48:16):
to the market of two eighty nine, and this is a great time to
point out that if your home stillhas hurricane damage, which Shannon floorid me.
She said that there's something like tenthousands open planes still in our community.
So a lot of people do myselfincluded, I will say myself included.
Yeah, that doesn't mean you can'tsell your home. There's a great
example exactly. There's a ways towork around that. Yeah. So if

(48:38):
we're looking for a property in Northport, here's another one turn key, three
bedrooms, two bath, two car, garage four two four nine Heaton Terrace
going active this week for three twentyfive. It has high vaulted ceilings,
tiled throughout the main areas and grantedin the kitchen, and it's got everything

(48:59):
in it. I'm talking lots,pans, dishes, splending. I mean,
you're ready to roll all of it. You gotta bring your clothes,
hang them in the closet and youare ready to go. I'll be all.
Christine called me yesterday and she waslike, you've got to see this
house. It is. Yeah,it's stunning. There's something to be said
for just grabbing your clothes and yourtoothbrush. Don't forget that a toothbrush.
Yeah, starting on all over allright one seven to one Lambert Street,

(49:20):
Poor Charlotte. This is in threethree nine four eight. It's got a
twenty twenty two roof, freshly paintedexterior, her hurricane impact windows, one
car garage. Again just a Ilove this home and it is on the
market at two forty seven nine nice. So that isn't ready to move in.

(49:42):
And here's the thing. I mean, it's got the roof, it's
got the ac everything has been sowell maintained. You know they're moving back
up north to be the family.I can't say enough about this home.
I fell in love with it whenI walked into it because everything's done.
Yeah, it's in a huge yard. First time or you know somebody who's
the first time buyer looking to getinto a home. There you go,

(50:04):
Yeah, a nice one all right. Next we're going to five nine eighty
six Posidily on Boulevard Northport. That'sup in Northport of States. Love that
area again, you guys. Ithink you guys are just may put roofs
on all these today, so youcan hear me say, twenty twenty three
roof, course, countertops, tile, Flooring just did a price improvement to
four twenty nine to nine. It'sfully renovated and on a double corner lot

(50:29):
in Northport of States. You don'twant to miss this's that's nice for the
elbow room. You gotta move onthat. That's right, all right.
Next we're going to two three threeseven seven Hartley Avenue. This is in
three three ninety five four Section fifteen, which is very very very sought after
and desirable, built in two thousandand one. To the four bedroom,
two and a half bath, privatepool, two us in twenty three roof

(50:52):
story, shed, RV hookup andparking pad. That's right. You can
bring the RV and you ought topay. It's getting crazy expensive for storage,
so and in this community you canhave that. It's got an eight
x twelve storage room to my tenstorage shit thirty am RV hookup nice,
it's ready to roll. So again, four hundred and fifty thousand for twenty

(51:15):
three hundred and fourteen square feet inSection fifteen. This one won't last on.
There's a lot of amenities on thatlist. That's right. Okay.
My last one before you go toShannon's forty seven at Water Street, if
you're wanting a brand new home,and I say brand new, no one's
ever lived in it. It isstage so that's actually for insure that we've
put in there. No one haslived in this home, just completed,

(51:39):
so you can move right in.Three bedroom, two back, two car
garage. We've got the three Dtour on it. Just under fifteen hundred
square feet for three forty nine.Now there's a saying in the collector car
industry, but it also applies tohomes. It's only new ones, that's
right. I like that we move. That's a good one. So these

(51:59):
are three new properties that have justbeen signed and they'll be coming soon and
they're in that really great price range. So first when we have this is
in Punta Gorda, the Charlotte Parkarea. It's a waterfront two bed,
two bath, one car garage atthirty nine thirty five with Staria Place offered
it three twenty five, So waterfront, two bedroom, two bath. That's

(52:21):
an excellent location, just you know, real close to everything you need in
Punta Gorda. Over the bridge inPort Charlotte thirty one thirty eight Kingston Street,
a three bedroom, two bath,one car garage offered it two fifty.
Once again we talk about our investors, our first time home buyers,
a great opportunity there. And thenif you want to go a little more

(52:43):
south five zero six Southwest twenty fifthLane in Cape Coral, three bed,
two bath, two car garage offeredat three point fifteen, those will be
coming soon. Keep watching out onour Facebook page or our Instagram page,
and we'll be having pictures and information. Give us a call and we'll be
happy to take you out and showyou these properties. And that's really the

(53:04):
best part about this final segment ofthe show is you get to hear about
things before anybody else gets to takea bite of the apple. If you
need more information, called nine fourone six eighty six hundred the Patterson Real
Estate Group at nine four one sixone eighty six hundred. Thank you,
Matt good to see you again.Thank you. Always a pleasure, Shannon,
bring your co host with you.I will your sidekick next time you

(53:25):
come. Yeah, Zo, you'sgoing to keep the name of the show
the same. I don't want toconfuse anybody but nicer Za. Thank you
for engineering today. I'm Todd Matthews. We'll see you next week for more
real estate exposed on news radio WCCF