Archive for the ‘Crown Colony real estate’ Category

Sanibel real estate blog: Pending sales continue rise

Friday, May 1st, 2015

— Pending home sales in March continued their recent momentum, rising for the third straight month and remaining at their highest level since June 2013, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 1.1 percent to 108.6 in March from an upward revision […]

Sanibel Real Estate Blog:They are Buying Vacation Homes

Wednesday, April 8th, 2015

Some stats from the National Association of Realtors: Vacation home sales in 2014 raced past the peak in 2006. Vacation home sales were up 57% form 2013 nearly doubling the combined total of the past two years. In 2014, vacation home sales represented 21% of all transactions. 46% of all the vacation homes sales were […]

Sanibel Real Estate Blog: High Growth

Thursday, March 26th, 2015

LEE & Collier both ranked in high the growth department with latest population estimates released by the U.S. census bureau. Lee County was number 6 in the top ten fastest-growing metro areas and Collier was number 10. Lee County grew by 18,177 people last year and Collier added 8671 new residents. Not shocking as Southwest […]

Sanibel real estate blog: NEW closing rules

Wednesday, March 18th, 2015

As of August 1, the CFPB will be having major mortgage changes taking place. The new rules will impact lenders & title companies but the real estate buyer and seller will be affected too. We don’t have complete details yet as training is forthcoming but we do know that there will be a new disclosure […]

Sanibel real estate blog:some new stats!

Thursday, March 12th, 2015

And here is the update on Jan 1- until today ( MARCH 12, 2015) with regard to Sanibel real estate sales. Closed sales in  single family houses are at 42 (51 last year),  condos at 29 ( 20 last year), and lots at 8 ( 0 last year). Sales appear to be pretty much on […]

Sanibel real estate blog: Look at those pending sales

Wednesday, March 4th, 2015

Pending sales went to their highest level since January 2013, reported the National Association of Realtors this month. All regions except the midwest saw gains. Why are pending sales important? The Pending Home Sales Index (PHSI) is a forward looking indicator based on contract signings- so it tells us where we will be sale-wise in […]

Sanibel real estate blog: National Housing Stats

Friday, February 20th, 2015

The January 2015 national numbers have been published and it looks like sales are 3.9% lower than last year at this time. Not that surprising… given the weather complications in various areas. The good news continues to be the median price point. It’s up nationally 11.2% since last year. Stay tuned for our local Sanibel […]

Sanibel real estate blog: The Tourists are Here!

Friday, February 13th, 2015

There were an estimated 3 million visitors to Lee County in 2014- that’s up 12% from the previous year. We suspect after this winter, we will again see gains in the folks coming for a bit of sun and fun! They are finding that 38.4% of these tourists were from the UK, 25 % from […]

Sanibel real estate blog: Crown Colony Condos

Thursday, February 5th, 2015

We know it’s isn’t Sanibel real estate, but an interesting thing happening in Crown Colony right now ( about a 20 minute drive to Sanibel). For one reason or another- mostly moving within the neighborhood to a bigger home, we have a very nice variety of condos of available. Different views, different upgrades, furnished, unfurnished, […]

Sanibel real estate blog: Shop for a Mortgage

Wednesday, January 14th, 2015

IN a survey taken recently, it looks like mortgage consumers are not shopping around. If you are checking out Sanibel real estate and need a mortgage info, we have a list of reputable lenders and would be happy to provide it. Today’s report is based on results from the new National Survey of Mortgage Borrowers, […]