Page 4 - Palm City Spotlight - August '20

Page 4, Palm City Spotlight DOUBLE SPACE

Education

CSC Provides Summer allowed for an additional 54 to be served at Martin County two new locations at the City of Stuart Shuffleboard Center
Fairgrounds, bringing the total served to 153.
and the Flagler Center, bringing the total served to 108.
Academic Support To Kids Boys and Girls Clubs of Martin County received Children in the county have lost almost six months of
additional stipends for its Hobe Sound Club of $24,619; formal in-classroom education. Studies show that 47-percent
By Jackie Holfelder its Port Salerno Club of $20,582; its Indiantown Club of of the third-graders are not reading on grade level and more
In March, seemingly with the flip of a switch, parents $28,975; and its Stuart and Palm City Clubs of $202,531, than 50-percent enter kindergarten not ready socially or
pivoted from sending children off to school or preschool allowing an additional 180 to be served. emotionally for school.
each morning to working at home, becoming teachers and BGCMC was also able to expand its services into space Thanks to this special funding from CSCMC, a substantial
childcare center directors. at Stuart Middle School. number of young students were offered programs that
They oversaw virtual learning and daily assignments The City of Stuart Parks and Recreation Department provided academic support to prevent summer slide.
while managing the unknowns of a resilient silent but received $57,807. Its daily annual contract calls for 140 to be To learn more about Children’s Services Council of Martin
contagious airborne virus. served. With CDC Guidelines, that number was decreased to County, visit www.cscmc.org.
As summer loomed, the challenges of how to help the 72. Additional funding accommodates an additional 36, with
2,000 children who typically participate in the annual
programs that provide them with academic enrichment
loomed large.
Because of recommended CDC guidelines, additional
space was needed to accommodate all the potential students,
and additional money to obtain it was essential.
The Children’s Services Council of Martin County
(CSCMC) jumped on board, with a special grant that helped
to fund the expansion of summer programs offered by such
organizations as YMCA of the Treasure Coast, Boys and
Girls Clubs of Martin County (BGCMC) and City of Stuart
Parks and Recreation Department.
The YMCA received an additional $49,350. Its daily
annual contract with CSCMC calls for the nonprofit to serve Some of the 153 students who participated in the YMCA of
230 in Stuart and 40 in Indiantown. the Treasure Coast summer program
Under CDC guidelines, that number was decreased Counselor Ryan Siebe and some of the students enjoying
to 72 in Stuart and 27 in Indiantown. Additional funding YMCA of the Treasure Coast’s summer program. Photos provided by YMCA of the Treasure Coast
REal EstatE

Treasure Coast Real Estate record in 1971. According to Sam Khater, Freddie Mac’s local, as few people are traveling to Florida. However out of

Report chief economist: “Mortgage rates continue to slowly drift state people are still buying some homes. I sold one of my
downward, with a distinct possibility that the average 30-
listings to a New York couple. They viewed my 3-D self-
year fixed-rate mortgage could dip below 3 percent later this guided walk through and bought the home without physically
Despite The Pandemic And Social Unrest, The year.” seeing it.
Real Estate Market Is Booming A 30-year fixed rate mortgage averaged 3.07 percent The other good news, at least for sellers, is that prices
By Jim Weix for the week ending July 2. A 15-year fixed-rate mortgage are holding steady and even slightly increasing. Buyers also
Although many segments averaged 2.56 percent. seem to have accepted the fact that if they want a home, they
of the economy are suffering, During the beginning of second quarter of this year real may have to settle for a home that needs some work, if it
the real estate market reminds estate sales plummeted as much as 45 percent as a result of otherwise meets their needs.
me of the boom times in the the pandemic and Stay At Home order. Rather than hurt the This is important to those sellers that want to put their
early to mid-2000s. I sold real estate market, this seemed to just increase pent-up buyer home on the market, but are unable to financially afford to
four homes in one week after demand. make needed repairs. They can simply list it for sale and
Florida’s Stay At Home order On the downside, the inventory of existing homes is expect to sell without the repairs.
was lifted and each week extremely low. One buyer joked to me that trying to find a Jim Weix is a broker associate with The Keyes Company.
after that has also been busy. home was as bad as trying to find toilet paper. I did find them Jim has 24 years of experience selling real estate full time.
To add fuel to the hot a home and as a closing gift, among other things, I gave them If you have questions or want the services of an experienced
real estate market, mortgage a 16-roll package of toilet paper. expert, you can reach Jim at (772) 341-2941 or jimweix@
rates have dropped to the Another interesting concept is that the most buyers are jimweix.com.
lowest ever recorded by Freddie Mac since it began keeping

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