Exceeding Expectations – One Home at a Time.

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Meet Alexa

Alexa has the uncanny ability to deliver exactly what her clients want even when they are unable to precisely articulate their desires.

Her keen intuition combined with her encyclopedic knowledge of available homes, allows Alexa to find the ideal home for buyers.

Whether buying or selling, Alexa believes the client always comes first. She gives each client personalized attention and focus to expertly match buyers and sellers with the best solution that meets their needs and is within their financial comfort zone.

“I believe in treating my clients like family.” says Alexa. “I give each client the same honesty, respect, and support I would for my own family.”

Alexa is also well known for being quite assertive and an effective negotiator when it comes to meeting customers expectations.

Friendly Personality
Extraordinary Intuition
Sincere Empathy
Caring Questions
Creative Solutions
Personalized Approach
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OUR ZILLOW REVIEWS

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  • Zillow 5 Star Review  We called Alexa after seeing her listing in Palm City. Not only did she know the house and the owners, but she lives locally. She was able to provide us with a detailed list of service providers. Since we are not local (yet) she and Deb are godsends to us while we are out of state! They keep...

    Nancy Hyland
    February 1, 2021

    Zillow 5 Star Review  I tried to sell my home myself before enlisting the help of Alexa. Even in a seller's market, I was unable to get ANY interest at my asking price. That's when I turned to Alexa for help. She came highly recommended by numerous neighbors, so I gave her a call. Her professional, experienced...

    ldeanlyb
    January 16, 2021

    Zillow 5 Star Review  Alexa provided valuable advice when deciding if we wanted to sell our home and purse the purchase of another home. We had a very precise need and I classified the two deals as "if the stars align" and low and behold Alexa aligned the stars for us! Within 3 days we had 3 offers on the sale of our...

    mac5821
    January 13, 2021
  • Zillow 5 Star Review  Alexa Silva helped me sell my home and then found me another home to start my new chapter. She is an amazing relator with so much knowledge. She made the whole process stress free!

    joannmignano
    January 13, 2021

    Zillow 5 Star Review  Alexa was the best realtor i have ever worked with. Every detail from prepping, staging and listing was poured over by Alexa and Jen. My house sold right away, which was great, but the ease of the whole process was amazing. If you are buying or selling a house, i would highly recommend Alexa Silva....

    uffontani
    January 6, 2021

    Zillow 5 Star Review  Alexa is a Rock Star! She goes above and beyond in making sure both buyers and sellers are satisfied with their decisions when buying a house. Her team is awesome and easy to work with. I would definitely recommend Alexa and her team to anyone thinking about buying or selling their home!

    AGSLP3
    January 4, 2021
  • Zillow 5 Star Review  Alexa was amazing! She made wonderful recommendations to us for the staging of our home in order for us to get the best offer possible, and to insure that our home would sell quickly. We did everything she recommended and had multiple offers within 48 hours of going on the market. She vetted all...

    ptower17
    September 10, 2020

    Zillow 5 Star Review  Working with Alexa and Deb was a blessing for us while selling our home! Alexa and Deb are an amazing team who are knowledgeable, professional, and committed. They will truly work diligently for their clients, and I would recommend them to everyone!

    jcajhobbs
    August 6, 2020

    Zillow 5 Star Review  Alexa and Deb did a wonderful job every step of the way in the marketing and sale of our house. Both were knowledgeable, very professional and responsive to any questions which arose. I highly recommend using them for your real estate needs.

    user42209
    April 10, 2020
  • Zillow 5 Star Review  Alexa works so hard for you whether you are buying or selling. She made finding and getting into our dream home a welcomed reality. The process was fun and so easy. Communication is key during such an important step as a new homeowner and she made everything move along smoothly, keeping us...

    hannahmay4213
    April 9, 2019

    Zillow 5 Star Review  Alexa works so hard for you whether you are buying or selling. She made finding and getting into our dream home a welcomed reality. The process was fun and so easy. Communication is key during such an important step as a new homeowner and she made everything move along smoothly, keeping us...

    Carolyn May
    April 9, 2019

    Zillow 5 Star Review  Alexa is extremely professional, upfront and honest. She has a wealth of knowledge and contacts that helped us find our dream home. It was such a pleasure working with her and her team. Anytime we had a question or needed something she got back to us right away. She continues to check in with us,...

    kellyadiogo
    January 29, 2019
  • Zillow 5 Star Review  Perfection… that is the word that best describes our experience with Alexa Silva. From the time we first spoke with her about our intentions to upgrade to a home more suited to our desires and needs, she made us feel at ease. She took the reins and quickly moved forward, which created a momentum...

    rlewisamt
    January 6, 2019

    Zillow 4 Star Review  She was Very Helpful in knowing the housing market. Always able to answer questions in an expeditious way. I never felt rushed to make a decision, she always had my best interest in mind.

    zuser20161122183348966
    January 2, 2019

    Zillow 5 Star Review  Alexa Silva has been the most efficient and caring person I have ever dealt with in business. I would recommend her to anyone who has a home to sell. I will never forget how smooth and rewarding this experience has been.

    loisdemarest
    March 14, 2018
  • Zillow 5 Star Review  I purchased several homes with Alexa and she does a fantastic job. Start to finish great communication. Always there to help. She has a great team. I would recommend her to anyone looking to buy/sell in Palm City

    trashzar
    March 14, 2018

    Zillow 5 Star Review  Alexa has helped me Sell and Purchase Homes on 2 different occasions in the last 3 Years. There is not a harder working, more Professional Realtor in the Industry. She truly has her finger on the pulse of the “Market” and offers multiple options to fit ones needs. She exceeded expectations at every...

    nealestate3
    February 8, 2018

    Zillow 5 Star Review  In all my years as a home buyer and seller, I have never experienced such professionalism and customs from a realtor such as Alexis! Her knowledge and experience are an absolute must for anyone dealing in real estate. From the time of showing interest to the close of a home, Alexis is the person...

    Schnzrs6
    January 16, 2018

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EXCLUSIVE PROPERTIES

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LATEST NEWS

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3 Charts That Show This Isn’t a Housing Bubble

3 Charts That Show This Isn’t a Housing Bubble | Simplifying The Market

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans.

Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006 (869). Today, the index stands at 130. As an example of the difference between today and 2006, let’s look at the volume of mortgages that originated when a buyer had less than a 620 credit score.3 Charts That Show This Isn’t a Housing Bubble | Simplifying The MarketDr. Frank Nothaft, Chief Economist for CoreLogic, reiterates this point:

“There are marked differences in today’s run up in prices compared to 2005, which was a bubble fueled by risky loans and lenient underwriting. Today, loans with high-risk features are absent and mortgage underwriting is prudent.”

2. Homeowners aren’t using their homes as ATMs this time.

During the housing bubble, as prices skyrocketed, people were refinancing their homes and pulling out large sums of cash. As prices began to fall, that caused many to spiral into a negative equity situation (where their mortgage was higher than the value of the house).

Today, homeowners are letting their equity build. Tappable equity is the amount available for homeowners to access before hitting a maximum 80% combined loan-to-value ratio (thus still leaving them with at least 20% equity). In 2006, that number was $4.6 billion. Today, that number stands at over $8 billion.

Yet, the percentage of cash-out refinances (where the homeowner takes out at least 5% more than their original mortgage amount) is half of what it was in 2006.3 Charts That Show This Isn’t a Housing Bubble | Simplifying The Market

3. This time, it’s simply a matter of supply and demand.

FOMO (the Fear Of Missing Out) dominated the housing market leading up to the 2006 housing bubble and drove up buyer demand. Back then, housing supply more than kept up as many homeowners put their houses on the market, as evidenced by the over seven months’ supply of existing housing inventory available for sale in 2006. Today, that number is barely two months.

Builders also overbuilt during the bubble but pulled back significantly over the next decade. Sam Khater, VP and Chief Economist, Economic & Housing Research at Freddie Mac, explains that pullback is the major factor in the lack of available inventory today:

“The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes.”

Here’s a chart that quantifies Khater’s remarks:3 Charts That Show This Isn’t a Housing Bubble | Simplifying The MarketToday, there are simply not enough homes to keep up with current demand.

Bottom Line

This market is nothing like the run-up to 2006. Bill McBride, the author of the prestigious Calculated Risk blog, predicted the last housing bubble and crash. This is what he has to say about today’s housing market:

“It’s not clear at all to me that things are going to slow down significantly in the near future. In 2005, I had a strong sense that the hot market would turn and that, when it turned, things would get very ugly. Today, I don’t have that sense at all, because all of the fundamentals are there. Demand will be high for a while because Millennials need houses. Prices will keep rising for a while because inventory is so low.”

Content previously posted on Keeping Current Matters

What You Should Do Before Interest Rates Rise

What You Should Do Before Interest Rates Rise | Simplifying The Market

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s current low rates before they rise.

Sell and Move Up (or Downsize)

Many of today’s homeowners are rethinking what they need in a home and redefining what their dream home means. For some, continued remote work is bringing about the need for additional space. For others, moving to a lower cost-of-living area or downsizing may be great options. If you’re considering either of these, there may not be a better time to move. Here’s why.

The chart below shows average mortgage rates by decade compared to where they are today:What You Should Do Before Interest Rates Rise | Simplifying The MarketToday’s rates are below 3%, but experts forecast rates to rise over the next few years.

If the interest rate on your current mortgage is higher than today’s average, take advantage of this opportunity by making a move and securing a lower rate. Lower rates mean you may be able to get more house for your money and still have a lower monthly mortgage payment than you might expect.

Waiting, however, might mean you miss out on this historic opportunity. Below is a chart showing how your monthly payment will change if you buy a home as mortgage rates increase:What You Should Do Before Interest Rates Rise | Simplifying The Market

Breaking It All Down:

Using the chart above, let’s look at the breakdown of a $300,000 mortgage:

  • When mortgage rates rise, so does the monthly payment you can secure.
  • Even the smallest increase in rates can make a difference in your monthly mortgage payment.
  • As interest rates rise, you’ll need to look at a lower-priced home to try and keep the same target monthly payment, meaning you may end up with less home for your money.

No matter what, whether you’re looking to make a move up or downsize to a home that better suits your needs, now is the time. Even a small change in interest rates can have a big impact on your purchasing power.

Refinance

If making a move right now still doesn’t feel right for you, consider refinancing. With the current low mortgage rates, refinancing is a great option if you’re looking to lower your monthly payments and stay in your current home.

Bottom Line

Take advantage of today’s low rates before they begin to rise. Whether you’re thinking about moving up, downsizing, or refinancing, let’s connect today to discuss which option is best for you.

Content previously posted on Keeping Current Matters

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC] | Simplifying The Market

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.
  • Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we’ve seen recently and could be a sign of good things to come.
  • If you’re searching for a home, rising inventory is welcome news. Let’s connect today to discuss new listings in our area.

Content previously posted on Keeping Current Matters

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“I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel”. Maya Angelou