Archive for the ‘Sanibel Real Estate’ Category

Sanibel Real Estate Blog: New Rules

Thursday, March 17th, 2016

No, not Bill Maher talking, but Closing Corp talking about a survey on the new TRID rules. A survey of people who bought two homes – one before new truth-in-lending disclosure rules went into effect in October 2015 and one after – found that the lending process is easier to understand, but it’s tougher to […]

Sanibel Real Estate Blog: Tax credits for homeowners

Thursday, March 3rd, 2016

Sanibel real estate homeowners: Are you getting all of the tax credit you deserve on home improvement this year? Homeowners can earn up to $500 on their return by taking into account small upgrades made last year, including: Biomass stoves Heating, ventilation, and air conditioning Advanced main air-circulating fans (tax credit amount of $50) Insulation […]

Sanibel Real Estate Blog: Florida January Sales Strong

Wednesday, February 24th, 2016

From the Florida Association of Realtors: Florida’s housing market saw rising median prices, fewer all-cash closed sales and a tight inventory of for-sale homes in January, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 16,529 last month, up 2.7 percent over the January 2015 figure. “Florida’s […]

Sanibel Real Estate Blog: Real Estate USA Stats

Wednesday, February 17th, 2016

This month’s (JANUARY) national housing report says January home sales were 6.3% higher than one year ago. Also, in the 52 metro area surveyed in January, the median price in was $ 200,714. On a a year-over-year basis, the median sales price has now risen for 48 consecutive months. A low inventory supply continues to […]

Sanibel Real Estate Blog: 2015 was a good year!

Thursday, February 4th, 2016

2015 was a pretty good year from a real estate standpoint. Our Sanibel Board of Realtors stats show a 12 % increase in sales over 2014 with a slight increase in prices over that same time. 2016 began with low inventories. We were 20% lower than 2015 and 55% lower than the 3 year average […]

Sanibel Real estate blog: Remax gets the hits!

Thursday, January 28th, 2016

REMAX.COM number of visits in 2015: 62,132,115 Other companies: century21.com 42,457,848 visits kw.com 31,567,836 visits weichert.com 20,452,820 visits coldwellbanker.com 20,618,581 visits I think we will just let those numbers speak for themselves in this blog. If you have an interest in Sanibel real estate: call the ones getting the visits at remax.com. Check out www.chuckandrews.com […]

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 […]