Sanibel Real Estate Blog: Economy Hits that of a Small Country

July 17th, 2018

–The Orlando Sentinel reported last week:  Florida’s gross domestic product topped $1 trillion Friday, an economic output that would make the Sunshine State the world’s 17th largest economy if it were an independent country, the state chamber said.

Florida’s economy has grown larger than Saudi Arabia’s, Switzerland’s and Argentina’s, the chamber said.

The economist who authored the study pointed to growth in manufacturing. “Those [jobs] are growing faster here than the U.S. the last few years, ” said Jerry Parrish, Florida Chamber Foundation chief economist.

And of course: sunshine, beaches, golf courses, fishing……. If you find yourself thinking of Sanibel real estate,check out our website at www.chuckandrews.com or give us a call at 239-849-3396 to discuss Sanibel real estate anytime.

 

Sanibel Real Estate Blog: Quieter Hurricane Season

July 6th, 2018

Some good news from top hurricane forecasters: The 2018 Atlantic hurricane season should be quieter than normal, according to a new prediction this week.

Meteorologist Phil Klotzbach and other experts from Colorado State University – regarded as the nation’s top seasonal hurricane forecasters – predict 10 named tropical storms will form, of which four will become hurricanes.

That is a sharp decrease from their forecast in April, when they said seven hurricanes would form. One system, Subtropical Storm Alberto, already formed in May.

Sounds like good news to us! So come on down and check out the Sanibel real estate— hopefully no hurricanes this year! You can check all of the Sanibel real estate listing at www.chuckandrews.com,or give us a call to discuss area real estate anytime.

Sanibel Real Estate Blog: 101 Things to Do in Southwest Florida

June 29th, 2018

Great article in the Florida Weekly this week: 101 things to do in Southwest Florida before you die. Well we have been here 44 years and missed a few of these! After 43 years, I finally saw the green flash at sunset last year. ( Number 10). It is pretty cool and I see why those who have experienced it talk about it with glee. Think we might try an airboat tour next….

Check out the list and if it finds you on Sanibel and you have questions about Sanibel real estate, give us a call or check out our listings at www.chuckandrews.com

Sanibel Real Estate Blog: Some MAY Lee County Stats

June 22nd, 2018

The May report by the Greater Fort Myers Realtor Association is out and both the single family home sales and median price point are up from May 2017. 1400 single family homes were sold in LEE in May, compared to 1293 last May. The median price is currently $260,700  and last year it was $237,500.

Good action on condos too with 738 sold  compared to 673 last year. The median price point is down slightly to $ 191,000 from $198,000 last year.

Time to get in on this action! Check out our Sanibel real estate listings at www.chuckandrews.com or give Chuck a call for Sanibel real estate (239-849-3396) or Kimberley a call for Fort Myers real estate (239-935-9235).

Sanibel Real Estate Blog: World Oceans Day at “Ding”

June 7th, 2018

Lots of un nature activities at Ding Darling Wildlife Refuge in Sanibel on Friday to celebrate World Oceans Day. A free beach walk and clean up at nine am, 11- 3:30 Free Make and Take Crafts, 11 am, showing of the film STRAWS, followed by a discussion. Other movies and discussions all day. Call 239-472-1100 for more info about this special event.

If a trip to Sanibel gets you thinking about owning some Sanibel real estate, check out our website at www.chuckandrews.com or give us a call to discuss Sanibel real estate anytime!

Sanibel Real Estate Blog: Big Jump in Closed Sales in April in Lee County

May 30th, 2018

April was great month for closed sales as well as new pending sales in Lee County. Closed sales were up 23% for single family homes compared to April 2017 and condos and townhomes were up 22%. Active listings were also up in both categories.

Median sale price for a single family home is $ 262,500- that’s up 5.4% from last April’s $249,000. Down 1.5% in condos to $198,000.

Get in on the action for some Sanibel real estate. Check out our website at www.chuckandrews.com for Sanibel real estate listings or give us a call to discuss the market anytime!

Sanibel Real Estate Blog: LEE County among “Best Places People Are Moving”

May 22nd, 2018

According to the Ft. Myers News-Press on May 22: a new report from U.S. News and World Report ranks Lee County  second nationwide on its list of “The Best 25 Places Are Moving to in 2018”. Florida locations dominated the list with Sarasota at  , Port St. Lucie at 6 and Melbourne at 10.

Time to get your piece of Sanibel Real estate: check out our website at www.chuckandrews.com or give us a call to discuss the area real estate market anytime. Call Chuck Andrew for Sanibel real estate and Kimberley Andrews for Fort Myers real estate.

SANIBEL REAL ESTATE BLOG: VOTE YES ON AMENDMENT 2

May 17th, 2018

 

 Amendment 2, the proposed amendment this November  would extend a current 10 percent cap on annual increases in assessed values of non-homestead properties – a cap that voters approved in 2008.

Florida Realtors and www.chuckandrews.com  supports Amendment 2!

Visit the “Amendment 2 – Good for All Floridians” website for more information on the campaign or to get involved.

“If Amendment 2 fails to pass, it doesn’t mean that the cap is just no longer going to be in effect going forward,”  Kurt Wenner, TAXWATCH v.p.  said during a media event at the Florida Press Center. “It means that all of this property will suddenly be assessed at full value. This can be quite a big sticker shock when some people get their tax bills.”

Wenner said he expects that these potential tax increases would be passed along to renters and business customers, making the issue important whether someone owns property or not.

So let’s help our second home friends and neighbors owning Sanibel real estate this fall when it’s time to vote on Amendment 2.

 

SANIBEL REAL ESTATE BLOG: SOME MARCH STATS

May 7th, 2018

March was  a great month in Lee County home sales with closed sales for single family homes running at 1281, compared to 912 the previous month. Median sales price for single family homes stays on a positive track as well with the median sales price up 2%- we are now at $260,000 for median sale price and were at $255,000 in March of 2017.

More closed sales on condos too selling 769 compared to 511 the previous month. Condos median price is down though bu 1.9% and sitting at $190,000.

Sanibel real estate continues to be popular combining beach life with small town living!  Call Chuck Andrews to check out your Sanibel real estate or check all of our area listings at www.chuckandrews.com

SANIBEL REAL ESTATE BLOG: MORTGAGE INTEREST RATES RISING

April 27th, 2018

Long-term U.S. mortgage rates continued to climb this week, reaching their highest level in more than four years and denting prospective home purchasers’ prospects amid the spring buying season.

It was the third straight week of increases for long-term mortgage rates. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages jumped to 4.58 percent from 4.47 percent last week. By contrast, the benchmark rate averaged 4.03 percent a year ago.

If you are buying Sanibel real estate and looking for a mortgage- shop around, get a great rate and then come to see us about a purchase.

Check out Sanibel real estate listings at www.chuckandrews.com or give us a call to discuss Sanibel real estate anytime!