Archive for the ‘Crown Colony real estate’ Category

Sanibel Real Estate Blog: FLOCKING TO FLORIDA

Friday, March 24th, 2017

Lee, Collier and Charlotte Counties continue to hold top spots for  growth. Lee County was the fifth fastest -growing metro area by percentage from July 1, 2015-June 30, 2016, according to Census figures released this week. Don’t miss out on your chance to own Sanibel real estate and be a part of this growing news. […]

Sanibel Real Estate Blog: Buyer’s Market?

Wednesday, March 1st, 2017

The January stats give us a few bright spots: more closed sales than last year and the median price is up to $ 245,000 from $227,000. Some of the numbers do indicate we are heading toward a buyer’s market: more inventory (active listings) and and fewer pending listings than this time last year. Whatever the […]

Sanibel Real Estate Blog: Don’t Forget Your Tax Deductions

Wednesday, February 22nd, 2017

OK, all of you that have purchased Sanibel real estate: Here are four Florida  deductions that you may be able to claim on your taxes this year: 1.Mortgage interest The interest paid on a home loan is typically the largest potential deduction for middle-class. Also this for a second home: you can also deduct the […]

Sanibel Real Estate Blog: Year End Results Report

Friday, February 10th, 2017

The local board of realtors just released the 2016 report. Median Sales Price and inventory stats were both up, while the number of closed sales and cash sales dropped. The median sales price in 2016 ended at $227,000- up 8,3% from last year’s $210,000. Closed sales are down 6% and condo sales are down 10%. […]

Sanibel Real Estate Blog: November Stats- Still Looking Good!

Tuesday, December 27th, 2016

The Lee County real estate market  continues to prosper with single family home sales up 16% in November 2016, over November 2015. Condo sales are up 11 % for the same time period, Active listings are up in all  categories, which may put the crunch on prices. Currently, the median single family home price is […]

Sanibel Real Estate Blog: Kitchens Sell IT!

Wednesday, December 7th, 2016

  According to realtor.com, of all homes sold 69 percent of the listing descriptions highlight the kitchen as a selling point. Forty-nine percent mentioned the bedrooms and 35 percent highlighted the garage, the next two most popular. Kitchens sell it and Realtor.com surveyed which added most value and came up with: Custom cabinetry: 41% (the […]

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 […]