Archive for the ‘Sanibel Real Estate’ Category

Sanibel Real Estate Blog: December Stats

Friday, January 22nd, 2016

The story for December in home sales: prices continue to rise but number of homes sold drops. The selling prices have dramatically increased this year, with the current median home sales price in Lee at $ 231,000 compared to $ 190,000 in Dec of 2014. Condo prices were up 2.6% to $189,900 from $185,000 in […]

Sanibel Real Estate Blog: Just in From the NAR

Wednesday, January 13th, 2016

WASHINGTON – Jan. 12, 2016 – Following the housing market’s best year in nearly a decade, existing-home sales are forecast to expand at a more moderate pace in 2016 as pent-up buyer demand combats affordability pressures and meager economic growth, according to National Association of Realtors®(NAR) Chief Economist Lawrence Yun. In an NAR video, Yun […]

Sanibel Real Estate Blog: Positive Trends Continue

Tuesday, January 5th, 2016

ORLANDO, Fla., – Jan. 4, 2016 – Positive trends continued for Florida’s housing market in November, with more closed sales, higher median prices, more new listings and fewer days on the market, according to the latest housing data released by Florida Realtors®. Statewide closed sales of existing single-family homes rose last month with a total […]

Sanibel Real Estate Blog: Rates on The Rise?

Thursday, December 17th, 2015

The nation’s largest banks, in response to the Federal Reserve raising interest rates, have already started raising their prime lending rates. Citibank, B of A, US. Bancorp, Wells Fargo, JP Morgan Chase, PNC and others raised their prime lending rate to3.5% form 3.25%, effective in most cases Friday. Get your home loan before you hear […]

Sanibel Real Estate Blog: Baby Boomers: What’s UP?

Wednesday, December 9th, 2015

Baby boomers blamed for clog in housing market WASHINGTON – Dec. 8, 2015 – Some economists say the baby boomers aren’t selling their homes like previous generations did and not downsizing fast enough – and that leads to shortages of homes for sale and rising prices. Baby boomers are “clogging up the whole chain of […]

Sanibel Real Estate Blog: Seller’s Market Continues

Monday, November 30th, 2015

Lee County continued to be a seller’s market inOctober, but is slowing down slightly ahead of the upcoming holiday season. According to the latest data released by Florida Realtors®, closed sales on Single Family Homes was up 1.6% year-over-year in October. There were 1,055 last month, compared to 1,038 in 2014. The Median Sale price […]

Sanibel Real Estate Blog: You love Realtors!

Thursday, November 12th, 2015

The National Association of Realtors®‘ (NAR) 2015 Profile of Home Buyers and Sellers indicates that 89 percent of sellers used real estate agents this year – an increase from 88 percent in 2014. Meanwhile, 87 percent of buyers used real estate agents, one-percentage point lower than last year. NAR and real estate professionals attribute the […]

Sanibel Real Estate Blog: Sept. home prices up for LEE

Tuesday, October 27th, 2015

Home prices soared in Lee and Collier counties in September, according to the latest stats number from our local real estate board. In Lee County, the median price of a single-family home sold with the assistance of a Realtor increased 20.9 % from $175,000 to $211,578 between July 2014 and July 2015. Collier County saw […]

Sanibel Real Estate Blog: “Ding” Darling Days are Here Again!

Monday, October 19th, 2015

Ding Darling Days are back 10/18-10/25 at the Wildlife Refuge. There is the big 139th birthday celebration of Jay Norwood “Ding” Darling on 10/21 with free birthday cake for all.  Come and find out what the wildlife refuge is all about with all kind of special events this week: learn how to paddle board, do […]

Sanibel Real Estate Blog: CABBAGE KEY

Monday, October 12th, 2015

Cabbage Key Inn made the list of “super-remote getaways” from across the globe on oyster.com ( a website that hires investigators to stay incognito at hotels and evaluate them). Cabbage Key is described on the website as a mid-range property offering 6 quaint rooms and 8 cottages on a beautiful, secluded island that is only […]