Archive for the ‘Sanibel Real Estate’ Category

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 […]

Sanibel Real Estate Blog: Avoid Wire Fraud

Wednesday, December 14th, 2016

Lots more fraud going on these days and the National Association of Realtors has provided a few tips to avoid these: 1.Set up formal policies.If you’re a broker, implement formal policies and procedures within your office to inform your real estate professionals of warning signs. Give them ways to ensure that office transactions are secure. […]

Sanibel Real Estate Blog: Kitchens Sell IT!

Wednesday, December 7th, 2016

  According to realtor.com, of all homes sold 69 percent of the listing descriptions highlight the kitchen as a selling point. Forty-nine percent mentioned the bedrooms and 35 percent highlighted the garage, the next two most popular. Kitchens sell it and Realtor.com surveyed which added most value and came up with: Custom cabinetry: 41% (the […]

Sanibel Real Estate Blog: Rising Interest Rates

Tuesday, November 29th, 2016

 Sanibel real estate buyers, listen up: long-term U.S. mortgage rates continued to surge last week after the recent election. Mortgage giant Freddie Mac said Wednesday that the average rate on a 30-year fixed rate loan shot up to 4.03 percent, the highest since July 2015 and up from 3.94 percent a week earlier. The rate […]

Sanibel Real Estate Blog: Some Sanibel/Captiva Stats

Thursday, November 17th, 2016

Just updated stats on Sanibel real estate and we would like to share the results. As of Nov. 14, 2016: They have been 185 closed home sales and 142 closed condo sales. There are 22 pending home sales and 17 pending condo sales- most likely they will close before the end of year. That will […]

Sanibel Real Estate Blog: A ” Rational” Market

Wednesday, November 2nd, 2016

I am going to reference a News-Press article in this blog, because as an agent on the street living with the “stats” everyday, I can say it’s true! The News-Press reported in the business section that 2015 was the peak recovery year (agreed!), 2016 was the beginning of the market correction (agreed!), price growth will […]

Sanibel Real Estate Blog: Florida is Nearly Normal.

Thursday, October 27th, 2016

Just reprinted from the Florida Realtor Association: Fla. real estate market rapidly returning to ‘normal’ WASHINGTON – Oct. 26, 2016 – According to Freddie Mac, the nation’s housing market is almost back to normal or, in Freddie’s terms, “on the outer edge of its historic benchmark range of housing activity.” The study also found that […]