Archive for the ‘Crown Colony real estate’ Category

Sanibel Real Estate Blog: FAST GROWTH TRACK For Florida

Tuesday, February 6th, 2018

Out of the 50 U.S. states, eight had populations that grew by more than 1.6 percent in 2016. Many of the fastest-growing states tend to have affordable, midsize cities with quality school systems, and low unemployment, reports 24/7 Wall St., a financial news site. AND here is Florida in #4 Position:   4. Florida 1-year […]

Sanibel Real Estate Blog: STATE of the UNION Housing Address

Thursday, February 1st, 2018

Realtor.com recently released its own “State of the Housing Union” and according to the analysis, strong buyer demand, constrained inventory, and ready-to-buy- first timers are the key drivers in the current market. Realtors know that housing drivers are local and it’s always best to seek professional advice if you are buying or selling. If you […]

Sanibel Real Estate Blog: Some Year-End Stats

Tuesday, January 23rd, 2018

Here are some 2017 year-end stats taken from the Sanibel Real Estate Board:  The median sales price of homes was up 7.9% in 2016 due to a very active 2015. But 2017 prices seemed to have “flat- lined”. Condo prices were up about 7%  IN 2017. They were hit hardest in the “crisis”, so it’s […]

Sanibel Real Estate Blog: NO Drilling!

Thursday, January 11th, 2018

The Trump administration said Tuesday it would not allow oil drilling off the coast of Florida, abruptly reversing course under pressure from Republican Gov. Rick Scott. Interior Secretary Ryan Zinke said after a brief meeting with Scott at the Tallahassee airport that drilling would be “off the table” when it comes to waters in the […]

Sanibel Real Estate Blog: Let’s End on a Good Note!

Wednesday, December 27th, 2017

Other than a little blip on the screen in September when Irma rolled through Southwest Florida, 2017 was a good real estate year. Most months so ever so slight increases in median price point as well as pending and closed sales. The most recent info compiled for the state of Florida shows that we continue […]

Sanibel Real Estate Blog: OPTIMISM!

Tuesday, December 19th, 2017

Hey, Sanibel real estate buyers:U.S. homebuilders are feeling more optimistic than they have in nearly two decades. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose five points to 74 this month. That’s the highest reading since July of 1999, more than 18 years ago. If the time has come for […]

Sanibel Real Estate Blog: Flood Insurance Update

Wednesday, December 6th, 2017

If you are under contract to buy a home, better get your flood insurance lined up before Dec. 8. The National Flood Insurance Program expires then and if Congress doesn’t act there could be a lapse in this program. Republicans proposed a spending deal that would keep this going until Dec. 22 on Monday but […]

Sanibel Real Estate Blog: NAR Applauds Flood Bill Passage

Thursday, November 16th, 2017

According to NAR, H.R. 2874 authorizes $1B to elevate, buy or mitigate high-risk properties; caps premiums at $10K per year; opens up coverage to the private market; allows community flood maps and an appeal process; improves the claims process; and deals with properties that flood repeatedly. Originally to expire on Dec. 15th, this seems like […]

Sanibel Real Estate Blog: Irma Not Good for Sales

Monday, October 23rd, 2017

Hurricane Irma, which made landfall in the Keys on Sept. 10 and continued up the state’s west coast, affected Florida’s housing market data in September, according to the latest housing data released by Florida Realtors®. Fewer sales, pending sales and new listings were reported, though median prices rose as a still-tight inventory of for-sale homes […]

Sanibel Real Estate Blog: Flood insurance after Harvey

Thursday, August 31st, 2017

In a statement, William H. Stander, executive director of the Florida Property & Casualty Association, said the organization can’t speculate on how Texas losses could impact Florida rates: “More importantly, all Floridians should recognize the importance of buying flood insurance, which is not covered under your homeowner’s insurance policy,” he said. We all know it… […]