Welcome to EABOR

Meet 2019 President Mark Spurgeon

Being served by people who love where they live is a wonderful thing!

REALTORS® love where they live and love what they do. We have the pleasure of representing buyers and sellers during one of the most important events of their lives. Fulfilling dreams is the most rewarding aspect of our profession.

You have discovered a real gem…the Englewood area.  Being situated between two moderate sized markets, enough out of the way to enjoy a different pace, yet just a short drive to the hustle and bustle if you choose.  The best part is the sense of community we offer.

Choosing a REALTOR® is the wise choice to connect you to the community. They have the tools and expertise for a successful transaction. REALTORS® may be competitors but wearing the REALTOR® marker bears no small responsibility to the public and real estate profession. You can rest assured that the professional standards and the code of ethics REALTORS® subscribe to, will be the foundation of your relationship.

I have had the pleasure of growing up, living and working in the Englewood area since 1965.  The community is as vibrant as ever!  I am pleased to serve as the Englewood Area Board of REALTORS® 2019 President.  Because I love where I live and love what I do!  It is an honor to work with fellow REALTORS® in fulfilling our mission statement:

“The Mission of the Englewood Area Board of REALTORS® is to support the success and professionalism of our members while improving our community and protecting private property rights.”

It is my pleasure to welcome and introduce you to the Englewood area!

Best regards,

Mark Spurgeon
Englewood Area Board of REALTORS®
2019 President

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Florida REALTORS® News

Federal Reserve Cuts Interest Rates by Quarter Point

The Fed cut rates for the second time this year and said it would keep doing what it deems necessary to sustain the U.S. economic expansion. Interest rate cuts have a direct impact on adjustable-rate mortgages and an indirect effect on fixed-rate loans.

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Home Starts Surge 12.3% in August - a 12-Year High

Economists expected a more modest gain as permits, a signal of future building, also rose 7.7%. Single-family starts rose 4.4% as multifamily surged 30.9%.

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Still Thousands of Open Claims for 2018's Hurricane Michael

Fla. Insurance Commissioner Altmaier says Dorian has generated $10M in claims so far, most covered by deductibles. But year-old claims still remain for Michael.

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Legal Q&A: Condo Association Can't Demand Email Addresses

Also: What does Fla. law say about recording board meetings? And may condo unit owners attend a pre-suit mediation if one owner has threatened to sue?

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FICO Credit Scores Surge to Record High

More homebuyers qualify for low mortgage rates after the average FICO score rose to 706. In post-recession 2009 it was 686; in pre-recession 2006 it was 690.

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Up to 1 in 4 Married Couples Want Separate Bedrooms

Buyers may not admit it, but more are sleeping in separate bedrooms and may prefer listings that make it happen. It's a sleep thing, not a relationship thing.

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Successful Class Action Suit Puts Condo Boards On Notice

Under Fla. law, condo transfer fees can't exceed $100, a limit that's often ignored. However, that may change. A Miami condo board that charged $350 for screening and move in/move out fees has agreed to pay up to $300K to settle a class action lawsuit.

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In Mobile Home Parks, It's Investors vs. Affordable Housing

In many U.S. cities, the last vestiges of affordable housing are mobile home parks: Residents own the home and rent the land beneath it. But investors prize the land because they can buy it and raise rents, and it's often a prime spot for developers who want to build housing.

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Flood Insurance Extension Likely - but Reforms Elusive

A short-term flood insurance extension is likely before it expires Sept. 30, but it's less likely that Congress will consider any meaningful reforms before then.

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Could Mortgage Rates Really Drop to Zero?

It's unlikely the Fed will drop interest rates to zero as Pres. Trump requested - but if they did, it would have an upside and a downside for homebuyers.

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September Builder Confidence Hits High for Year

The index gauging builders' attitudes hit 68 this month. Readings above 50 are considered positive territory, and they've been in the mid- to upper 60s since May.

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Staging the Master Bedroom: Do's and Don'ts

Don't forget the key purpose of a master bedroom in buyers' eyes - a place to relax and recharge. But 70% also want to see a spot for a TV set.

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GSEs Announce New Lending Caps for Multifamily Projects

The Federal Housing Finance Agency (FHFA) plans to impose new multifamily rental property loan caps that Fannie Mae and Freddie Mac may purchase.

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HUD Targets Maximum-Number-of-Children Rentals

Rental owners in Ga. and Idaho were charged in separate allegations. Both allowed families with children to rent homes, but they limited the total number of children they'd accept. The Idaho landlord will pay $15,000 and attend fair housing workshops.

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