Archive for the ‘Crown Colony real estate’ Category

Sanibel Real Estate Blog: Rising Interest Rates

Tuesday, November 29th, 2016

 Sanibel real estate buyers, listen up: long-term U.S. mortgage rates continued to surge last week after the recent election. Mortgage giant Freddie Mac said Wednesday that the average rate on a 30-year fixed rate loan shot up to 4.03 percent, the highest since July 2015 and up from 3.94 percent a week earlier. The rate […]

Sanibel Real Estate Blog: A ” Rational” Market

Wednesday, November 2nd, 2016

I am going to reference a News-Press article in this blog, because as an agent on the street living with the “stats” everyday, I can say it’s true! The News-Press reported in the business section that 2015 was the peak recovery year (agreed!), 2016 was the beginning of the market correction (agreed!), price growth will […]

Sanibel Real Estate Blog: Florida is Nearly Normal.

Thursday, October 27th, 2016

Just reprinted from the Florida Realtor Association: Fla. real estate market rapidly returning to ‘normal’ WASHINGTON – Oct. 26, 2016 – According to Freddie Mac, the nation’s housing market is almost back to normal or, in Freddie’s terms, “on the outer edge of its historic benchmark range of housing activity.” The study also found that […]

Sanibel Real Estate Blog: Florida Real Estate Stats for September

Friday, October 21st, 2016

Reprinted from the Florida Real Estate Board info: Florida’s housing market had more new listings, higher median prices and fewer all-cash closed sales in September, according to the latest housing data released by Florida Realtors®. Tight inventory continues to impact the state’s housing market, noted Florida Realtors Chief Economist Brad O’Connor. Closed sales of single-family […]

Sanibel Real Estate Blog: Median Price up a Bit

Friday, September 23rd, 2016

August stats for Lee County have just been released and the median price for a single family home is currently $225,000, up 11% from last August. There was also a huge jump in sales in the over one  mill category of 80% with 27 homes sold in that range this past month. Closed sales for […]

Sanibel Real Estate Blog: New-home sales climb

Wednesday, August 24th, 2016

The AP has just reported that Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years. Thank you to low mortgage rates! New-home sales jumped 12.4 % last month- the best jump since October 2007. The demand has eclipsed the pace of construction, just 4.3 months of […]

Sanibel Real Estate Blog: Floridians are Happy!

Wednesday, August 10th, 2016

HomeAdvisor surveyed 17,629 homeowners last spring across the country asking questions designed to see how happy they were in their homes. Florida ranked six in happiness only to be outranked by California, Washington, New Mexico, Colorado and Arkansas. The least happy states were Maryland, Indiana, New Jersey and Delaware. So c’mon get happy! Check out […]

Sanibel Real Estate Blog: Sanibel SMASH!

Wednesday, May 11th, 2016

The biggest recorded sale in Sanibel Island history just happened at 3421 West Gulf Drive for $6.837  million. That tops every single-family home ever for sale on Sanibel. This home is very unique, built in 2007 by the Wolter Group and checks in at 5534 sq. ft. Of course it is right on the Gulf […]

Sanibel Real Estate Blog: Average Hurricane Season Expected

Thursday, May 5th, 2016

The Colorado State University hurricane researchers are predicting a near -average season as we begin 2016 season on June 1. They are predicting 12 named storms- of those they predict five to become hurricanes and 2 to reach major hurricane strength with sustained winds of 111 mph or greater. They will issue updates on June […]

Sanibel Real Estate Blog: Redesigned remax.com

Thursday, April 21st, 2016

The bold new remax.com has been completely redesigned, refreshed and re-engineered to create a user experience home owners and buyers will love. Visitors to the site will find streamlined navigation, robust search functionality and a mobile-responsive experience. The increased engagement by consumers will result in more leads generated for agents over time. “All of the enhancements to the site […]