Archive for the ‘Crown Colony real estate’ Category

Sanibel real estate: Breaking good news from Re/Max

Wednesday, October 22nd, 2014

Two monumental decisions in U.S. housing regulations this week are major victories for homebuyers – and the housing industry at large. For starters, the final qualified residential mortgage, or QRM, rule eliminates the highly controversial requirement of a specific down payment amount, bringing the rule in line with the Consumer Financial Protection Bureau’s qualified mortgage, or QM, rule. The latter was created to […]

Sanibel real estate blog: They’re back!

Thursday, October 16th, 2014

A new report from the City of Sanibel showed 10,000 more cars crossed over the Sanibel causeway in March of this year compared to last. In August, a report from the city of Sanibel shows nearly 8,000 more cars crossed the causeway compared to last year at the same time.All looking for thatSanibel real estate […]

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. […]