Archive for the ‘Crown Colony real estate’ Category

Sanibel Real Estate Blog: Some Stats for June

Tuesday, August 1st, 2017

June was a busy month in Southwest Florida for real estate. There were more closed sales, more active listings, and higher median sales prices than June in 2016. 1276 single family homes sold in Lee County and that was up 8.45%, condos were up 11.9% as 575 sold. How about that median sales price– still […]

Sanibel Real Estate Blog: Ding Darling Photo Contest

Thursday, July 20th, 2017

The 30th annual “Ding” Darling Days Amateur Nature Photography contest is accepting entries through Sept. 15. Complete contest rules, and entry form and other contest info can be found at www.dingdarlingsociety.org. Winners will be announced on Oct .21 at the Conservation Art Day. So, polish off the camera and get out to Sanibel where  nature […]

Sanibel Real Estate Blog: Estoppel Fees Capped

Thursday, June 29th, 2017

One of the new laws in real estate world is the cap on estoppel fees. Previously unregulated, management companies could charge whatever they wanted at closing to seller to give their blessing to the closing. Here is how the Florida Board of Realtors explains the new law: Cap on estoppel certificate fees – Sellers of […]

Sanibel Real Estate Blog: May 2017 Looked Good!

Thursday, June 22nd, 2017

The home sales numbers have been tallied for May and the median price is up to #239,000 statewide. That is a 7.7 % increase from last year at this time. The condo statewide median price is now $178,000- that’s an 8.1 % increase over last year. Sales of single family homes statewide totaled 27,850, up […]

Sanibel Real Estate Blog: Mortgage Rates Still Falling

Friday, June 9th, 2017

According to mortgage buyer Freddie Mac:long-term U.S. mortgage rates fell this week, as the benchmark 30-year rate declined for the fourth straight week to its lowest level in nearly seven months. They went on to say  the average rate on 30-year fixed-rate home loans dropped to 3.89 percent from 3.94 percent last week. The rate […]

Sanibel Real Estate Blog: Chuck’s update

Wednesday, May 31st, 2017

As of May 23rd, our Association of Realtors numbers tell us that we are on the same pace ( closed sales) as 2016 but still 23% lower than the banner year of 2015. Our market is healthy but not as robust. Don’t believe everything you read in the papers about the real estate market. The […]

Sanibel Real Estate Blog: Median Price Still Rising

Thursday, May 25th, 2017

The statewide median sales price for single-family existing homes last month was $234,900, up 10.3 percent from the previous year, according to data from Florida Realtors research department in partnership with local Realtor boards/associations. The statewide median price for townhouse-condo properties in April was $172,000, up 7.2 percent over the year-ago figure. April was the […]

Sanibel Real Estate Blog: What about Zillow

Monday, May 15th, 2017

As a real estate agent, I love that Zillow quickly gets my listings to the internet in yet another venue to find buyers. But it is a love-hate relationship as Zillow’s formula makes for many errors.  In fact. A homeowner has filed suit against  Zillow, claiming the company’s controversial “Zestimate” tool repeatedly undervalued her home, […]

Sanibel Real Estate Blog: March Stats

Friday, April 28th, 2017

March was a good  month for home sales in Lee County. Everything was UP!! Closed sales, pending sales and best of all: the median sale  price. The current median sales price in Lee County is $255,000 for a single family home. Last year at this time it was $225,000. Condos are up too at $193,600 […]

Sanibel Real Estate Blog: Mortgage rates lowest in 2017

Monday, April 17th, 2017

Average 30-year mortgage rate falls to 2017 low: 4.08% Long-term mortgage rates have been hard to track and even harder to predict this year. The FRM hit a 2017 high recently only to drop this week to a new 2017 low. Maybe time to hop in on some Sanibel real estate. Check out our Sanibel […]