Archive for the ‘Crown Colony real estate’ Category

Sanibel real estate blog: positive outlook!

Wednesday, October 8th, 2014

.According to Fannie Mae’s September 2014 National Housing Survey, consumers are feeling a little bit better about the housing market. What do you say, Sanibel real estate buyers? In September, the share of consumers who say it’s a good time to buy a home is back up to 68 percent, a four-percentage-point increase from August. […]

Sanibel real estate blog: No tax increase

Tuesday, September 30th, 2014

Good news for Fort Myers Beach and Sanibel residents: no tax increases- at least on their city bills. The town council of each town voted last week to use the rollback tax rates for 2014-2015. Sanibel Mayor, Kevin Ruane said,”It’s still a touch economy out here and we were ahead of the curve.” He continued, […]

Sanibel real estate blog: August Stats

Thursday, September 25th, 2014

Good news and not so good news with this month’s stats: Home prices are up but sales were down in August. The median price for a single-family¬† home in Lee County rose to $ 182,500-that’s up 10.6% from last August’s $165,000. The number of houses sold dropped 2.8% from 1069 to 1039. Without getting too […]

Sanibel Real Estate blog: Bring CASH!

Thursday, September 18th, 2014

Cape Coral-Fort Myers had the highest share of cash sales in the nation at 61.2 percent in June, according to a report released Tuesday by Irvine, Calif.-based financial data company CoreLogic. The area was followed by West Palm Beach (60.6 percent), North Port-Sarasota-Bradenton, (59.8 percent), Miami (58.7 percent) and Fort Lauderdale 58.5 percent). Nationally, cash […]

Sanibel real estate blog: Autumn home search

Wednesday, September 10th, 2014

Wow, Cape Coral/Fort Myers is number one with regard to a slowdown on an internet home search, according to Trulia. Other Florida towns are in the top ten also. I can say with confidence that the first winter breeze will change all of that and buyers will be dreaming of Sanibel real estate again. If […]

Sanibel real estate blog: Setting a sales price

Thursday, September 4th, 2014

What’s the most important thing about formulating a listing price for your home? Well, it is going to sound self-serving, but I would say the most important thing is to listen to your real estate agent (or agents). Let’s say you invite 3 realtors to your home to get their opinion on a price to […]

Sanibel real estate blog: Home prices continue rise

Thursday, August 28th, 2014

The Lee County median single family price is still on the rise as we review July stats. The median price for a single family home for July was $ 179,900-that’s up 10.4 % from $163,000 a year earlier. The median sales price for a condo in July was $ 159,950 and that’s a 14.3% increase […]

Sanibel real estate blog: Naples median price leads the way

Thursday, August 14th, 2014

In a national report issued by the National Realtors Association on Tuesday, Naples, Florida was one of the top regions with double digit increases in median price points on a single-family home. The second quarter found Naples-Marco Island area to have 16.8% change upwardly since 2013. The current median price in that area is $405,000. […]

Sanibel real estate blog: IT’s easier to get a loan

Wednesday, August 6th, 2014

¬†The home mortgage market improved last quarter as demand increased and many banks eased their lending standards for the most creditworthy borrowers, the Federal Reserve said Monday. Banks also loosened lending criteria for a variety of other consumer and business loans as the economy improved and demand picked up. The developments could foreshadow a turnaround […]

Sanibel real estate blog: LEE COUNTY STATS

Tuesday, July 29th, 2014

Last week we blogged about the statewide stats for June. How does Lee County compare? Well, the median price of an existing home in Lee is now up to $200,000-that’s an 8.1% increase since June when it was $185,000. Statewide the median number was $185,000 and it was up 5.2% from the previous year. We […]