Archive for the ‘Sanibel Real Estate’ Category

Sanibel Real Estate Blog: FLOCKING TO FLORIDA

Friday, March 24th, 2017

Lee, Collier and Charlotte Counties continue to hold top spots for  growth. Lee County was the fifth fastest -growing metro area by percentage from July 1, 2015-June 30, 2016, according to Census figures released this week. Don’t miss out on your chance to own Sanibel real estate and be a part of this growing news. […]

Sanibel Real Estate Blog: Rates Rising

Friday, March 17th, 2017

30 year mortgage rates are definitely on the rise. This week’s rate is 4.3 compared to last week’s 4.1. Most bank experts think they will continue to rise. If you want to get in on some Sanibel real estate before rising rates hit, check out our website for all of the Sanibel real estate listings […]

Sanibel Real Estate Blog: Buyer’s Market?

Wednesday, March 1st, 2017

The January stats give us a few bright spots: more closed sales than last year and the median price is up to $ 245,000 from $227,000. Some of the numbers do indicate we are heading toward a buyer’s market: more inventory (active listings) and and fewer pending listings than this time last year. Whatever the […]

Sanibel Real Estate Blog: Don’t Forget Your Tax Deductions

Wednesday, February 22nd, 2017

OK, all of you that have purchased Sanibel real estate: Here are four Florida  deductions that you may be able to claim on your taxes this year: 1.Mortgage interest The interest paid on a home loan is typically the largest potential deduction for middle-class. Also this for a second home: you can also deduct the […]

Sanibel Real Estate Blog: Year End Results Report

Friday, February 10th, 2017

The local board of realtors just released the 2016 report. Median Sales Price and inventory stats were both up, while the number of closed sales and cash sales dropped. The median sales price in 2016 ended at $227,000- up 8,3% from last year’s $210,000. Closed sales are down 6% and condo sales are down 10%. […]

Sanibel Real Estate Blog: DECEMBER Stats

Tuesday, January 24th, 2017

The Florida Gulf Coast Realtors just released the county wide stats for December and there appears to be a drop in sales. Closed sales were down for both Single family homes (5.5%) and condos (10.3%). Good news though- median sales price continues to climb year over year. December 2016 saw a median sales price of […]

Sanibel Real Estate Blog: Rates Decline

Friday, January 20th, 2017

The most recently published mortgage rates indicate another decline.Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans fell to an average 4.09 percent from 4.12 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records going […]

Sanibel Real Estate Blog: FARMER’S MARKETS

Wednesday, January 11th, 2017

IF you are looking for a fun activity while visiting Southwest Florida, check out some of the area farmers’ markets. There are lots of them. You can check out a rather large one at Lakes Park every Wednesday, you will not only find area fruits and vegetables but local seafood and even wild hog! Tuesday […]

Sanibel Real Estate Blog: November Stats- Still Looking Good!

Tuesday, December 27th, 2016

The Lee County real estate market  continues to prosper with single family home sales up 16% in November 2016, over November 2015. Condo sales are up 11 % for the same time period, Active listings are up in all  categories, which may put the crunch on prices. Currently, the median single family home price is […]

Sanibel Real Estate Blog: Florida is Still Growing

Wednesday, December 21st, 2016

According to a recent AP news release: Florida officials estimate that by 2030, the number of people 65 and over will have increased about 80 percent from 2010 census figures, reaching about 6 million. That’s a lot of peeps! If we can help with your Sanibel real estate relocation issues- give us a call at […]