Archive for the ‘Market News’ Category

Sanibel Real Estate Blog: FAST GROWTH TRACK For Florida

Tuesday, February 6th, 2018

Out of the 50 U.S. states, eight had populations that grew by more than 1.6 percent in 2016. Many of the fastest-growing states tend to have affordable, midsize cities with quality school systems, and low unemployment, reports 24/7 Wall St., a financial news site. AND here is Florida in #4 Position:   4. Florida 1-year […]

Sanibel Real Estate Blog: STATE of the UNION Housing Address

Thursday, February 1st, 2018

Realtor.com recently released its own “State of the Housing Union” and according to the analysis, strong buyer demand, constrained inventory, and ready-to-buy- first timers are the key drivers in the current market. Realtors know that housing drivers are local and it’s always best to seek professional advice if you are buying or selling. If you […]

Sanibel Real Estate Blog: Flood Insurance Update

Wednesday, December 6th, 2017

If you are under contract to buy a home, better get your flood insurance lined up before Dec. 8. The National Flood Insurance Program expires then and if Congress doesn’t act there could be a lapse in this program. Republicans proposed a spending deal that would keep this going until Dec. 22 on Monday but […]

Sanibel Real Estate Blog: NAR Applauds Flood Bill Passage

Thursday, November 16th, 2017

According to NAR, H.R. 2874 authorizes $1B to elevate, buy or mitigate high-risk properties; caps premiums at $10K per year; opens up coverage to the private market; allows community flood maps and an appeal process; improves the claims process; and deals with properties that flood repeatedly. Originally to expire on Dec. 15th, this seems like […]

Sanibel Real Estate Blog: SANIBEL Photo Contest

Friday, November 10th, 2017

It is that time of year again when R.S. Walsh Landscaping hold its’ monthly photo contest to celebrate Sanibel and Captiva. From December through April, you can submit photos each month for a chance to win a $50 gift certificate to R.S. Walsh IN the Garden. A  different theme will be featured each month and […]

Sanibel Real Estate blog: Farmer’s Market Return

Wednesday, October 11th, 2017

Get ready for some good local veggies, fruit, seafood and WAY more as the Sanibel Farmer’s Market has returned every Sunday. Come out and load up for the week or have a litte breakfast or lunch at the market. Come support our local economy. If you get an interest about Sanibel real estate while visiting, […]

Sanibel Real Estate blog: Interesting Article

Friday, September 29th, 2017

 I thought this article was quite good: FORT LAUDERDALE, Fla. – Sept. 28, 2017 – Question: While we survived Hurricane Irma, we missed a lot of work and had to spend our savings to get things back to normal. Now we can’t afford to make our mortgage payment. Are we going to lose our home? […]

Sanibel Real Estate Blog: Flood insurance after Harvey

Thursday, August 31st, 2017

In a statement, William H. Stander, executive director of the Florida Property & Casualty Association, said the organization can’t speculate on how Texas losses could impact Florida rates: “More importantly, all Floridians should recognize the importance of buying flood insurance, which is not covered under your homeowner’s insurance policy,” he said. We all know it… […]

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: The Closing Disclosure

Wednesday, July 12th, 2017

It’s acceptable for real estate professionals to receive a copy of the closing disclosure from lenders, the Consumer Financial Protection Bureau (CFPB) ruled late last week. About a year ago, the CFPB released this clarification, and last week’s action makes it official, says the National Association of Realtors® (NAR). This is great news- we (agents) […]