Archive for the ‘Market News’ Category

Sanibel Real Estate: some stats

Tuesday, November 27th, 2012

The latest stats gathered from the Sanibel MLS show that the total number of listings is  down 25% from January 1, 2012. Condo inventory is down 30% and and homes are down 21%. More good news: the closed sales overall are up by 10% over this time last year ( November 27). By the end […]

Sanibel real estate blog: 30 year low 3.34%!

Friday, November 16th, 2012

Just in from the associated press: The U.S. rate on a 30-year mortgage hit a record low of 3.34% . That is the lowest on record since 1971! The average on a 15 year-year fixed mortgage is 2.65%. The average rate on a 30 year loan has been below 4% all year. It has fallen […]

Sanibel real estate blog: 2012 Housing Recovery is Real

Thursday, October 25th, 2012

Both home prices and home sales in September continued at levels higher than last year according to the most recent RE/MAX National Housing Report, a survey of MLS Data in 52 metro areas. That is eight consecutive months in a row where the median home price was higher than the previous year. That’s good news, […]

Sanibel real estate blog: The latest on Sanibel stats.

Thursday, October 18th, 2012

The latest Sanibel real estate info is here. Statistics from the Sanibel Captiva Board of Realtors show that our inventory is down by 30% since January 1, 2012. Going into the coming season supply and demand equation should be closer to normal levels. From a sales standpoint we are on pace to beat our 2011 […]

Sanibel real estate blog: Fannie tightening criteria

Thursday, October 11th, 2012

Sanibel real estate buyers listen up: Fannie Mae is tightening some of its underwriting standards for condo and homebuyers who want to refinance. The new guidelines include: a two page questionnaire for buyers with less than 20% down as well as additional documentation from the hoa, self-employed borrowers will now have to provide two years […]

Sanibel real estate blog: A short market update

Thursday, October 4th, 2012

Just a quick market update on Sanibel real estate: we currently have 30% fewer listings than we did on January 1, 2012. Home inventory is down 27% and condos are down 40%. We are seeing a slight increase in home prices, especially the ones near the beach, but nothing significant in the condo market yet. […]

Crown Colony real estate blog: October Happenings

Tuesday, October 2nd, 2012

The Crown Colony real estate blog is back. The summer was so quiet, and there a lot of our second home residents back, but October will be happening at the clubhouse. Rudy and Brenda have all kinds of fun things planned: Welcome Back Everyone!! We are Open Every Day for Your Dining Pleasure Click on […]

Sanibel real estate blog: Florida’s housing market momentum continues

Wednesday, September 26th, 2012

  With the release of the most recent figures from the Florida Association of  Realtors, we find housing market is continuing its momentum. Closed sales are up in both the single family home category and the condo category. Homes sales were up 10.8% in August, with a total of 18,669 single-family homes sold statewide. Condo […]

Sanibel real estate blog: GET MOBILE!

Thursday, September 6th, 2012

Exciting things happening at RE/MAX these days! You can now follow all of the listings, whether it be Sanibel real estate or New York City real estate by downloading an app for your iphone, ipad or android smart phone.The app is really cool, and I have even been using  it as a realtor, checking out […]

Sanibel real estate blog: A few home sale tips

Tuesday, August 28th, 2012

Selling a home is challenging– there is lots of competition out there! How can you put your home at the top of a buyer’s list? Here are a few low cost design tips (in no particular order) that should get you  at least a second look, but hopefully a contract. 1. Clean carpets and floors. […]