Sanibel Real Estate Blog: A Few Quick Stats

April 2nd, 2018

Just a quick recap of Sanibel real estate stats as of April Fool’ s Day (and it’s not a joke!): we are on the same pace as 2017 for closed sales. Home sales lead the way with an increase in median sales price of 18%. Inventory is down a bit for 2017 but half of what it was in 2010.

Told you  it was a quick recap! Check out our website at www.chuckandrews.com for Sanibel real estate listings, or feel free to call or email anytime about what is happening in the Sanibel real estate market.

Sanibel Real Estate Blog: February STATS

March 22nd, 2018

Closed sales, median salesprice, and active listings saw a positive increase in the month of February in Lee County. The number of closed sales for single family homes was up more that 10% year over year with 912 closed sales compared to 824 last year. Condos were up even more- 16.7% or 511 closed sales compared to 438 in 2017. Median prices were up for both too, 2.1% for homes and 3.8% for condos. Sanibel Captiva recorded a 48% jump from 2017 for single family home sales.

Maybe time to jump into the Sanibel Real estate market! Check our website at www.chuckandrews.com for listings or give us a call to discuss the Sanibel real estate market!

Sanibel Real Estate Blog: Rates Creeping Up

March 6th, 2018

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages rose to 4.43 percent this week from 4.40 percent last week. The new average for the benchmark rate is the highest since January 2014. The 30-year rate stood at 4.10 percent a year ago. Will they continue to climb??

Buy your Sanibel real estate now and avoid future hikes. 4.43 percent is still pretty darn good! Check out all of our area listings at www.chuckandrews.com or give us a call to discuss Sanibel real estate anytime. 

Sanibel Real Estate Blog: Confusing New Tax Laws

February 23rd, 2018

Yes, if you are purchasing Sanibel real estate you will want to be current on the new tax laws. Everything on the changes can be found at Tax Reform page on IRS.gov.

And when you have read up on everything, consulted with your accountant and are ready to make a purchase, Chuck & Kimberley Andrews will be the ones to call for  all of your Fort Myers/ Sanibel real estate needs. Check out our listings at www.chuckandrews.com or give us a call to discuss the market anytime!

Sanibel Real Estate Blog: FAST GROWTH TRACK For Florida

February 6th, 2018

Out of the 50 U.S. states, eight had populations that grew by more than 1.6 percent in 2016. Many of the fastest-growing states tend to have affordable, midsize cities with quality school systems, and low unemployment, reports 24/7 Wall St., a financial news site. AND here is Florida in #4 Position:

 

4. Florida

  • 1-year population growth rate: 1.82%
  • Current population: 20.61 million
  • 2015 population: 20.24 million
  • 10-year population growth rate: 13.46%

Thinking of relocating to Florida and interested in Sanibel real estate? Check out our website at www.chuckandrews.com or give us a call to learn about our Southwest Florida market.

Sanibel Real Estate Blog: STATE of the UNION Housing Address

February 1st, 2018

Realtor.com recently released its own “State of the Housing Union” and according to the analysis, strong buyer demand, constrained inventory, and ready-to-buy- first timers are the key drivers in the current market.

Realtors know that housing drivers are local and it’s always best to seek professional advice if you are buying or selling. If you want to know the current Sanibel real estate drivers and conditions, give us a call anytime at 239-849-3396 or check out our website at www.chuckandrews.com  for up to the minute listings!

Sanibel Real Estate Blog: Some Year-End Stats

January 23rd, 2018

Here are some 2017 year-end stats taken from the Sanibel Real Estate Board:  The median sales price of homes was up 7.9% in 2016 due to a very active 2015. But 2017 prices seemed to have “flat- lined”.

Condo prices were up about 7%  IN 2017. They were hit hardest in the “crisis”, so it’s good to see them coming back.

The number of closed sales in 2017 was up 5%  over 2016 and we start the year with the same number of listings as we started in 2017.

If you would like some stats on your neighborhood, we are always happy to meet with you to discuss the current Sanibel real estate market. Give us a call at 239-849-3396.

Sanibel Real Estate Blog: NO Drilling!

January 11th, 2018

The Trump administration said Tuesday it would not allow oil drilling off the coast of Florida, abruptly reversing course under pressure from Republican Gov. Rick Scott.

Interior Secretary Ryan Zinke said after a brief meeting with Scott at the Tallahassee airport that drilling would be “off the table” when it comes to waters in the eastern Gulf of Mexico and the Atlantic Ocean off Florida.

The change of course – just five days after Zinke announced the offshore drilling plan – highlights the political importance of Florida, where President Donald Trump narrowly won the state’s 29 electoral votes in the 2016 election and has encouraged Scott to run for Senate.

This is great news for all of  Florida and for Sanibel! No reason not to look at Sanibel real estate now. Check out our listings at www.chuckandrews.com or give us call to discuss Sanibel real estate anytime.

Sanibel Real Estate Blog: Let’s End on a Good Note!

December 27th, 2017

Other than a little blip on the screen in September when Irma rolled through Southwest Florida, 2017 was a good real estate year. Most months so ever so slight increases in median price point as well as pending and closed sales.

The most recent info compiled for the state of Florida shows that we continue to track positive in November. Not only more closed sales but also more pending sales and rising median prices. IT’s a trend we like! The current median price in Florida is $240,000, that’s up 9.1% from the previous year.

For the lastest Sanibel real estate stats as well as all of Southwest Florida, drop us an email or give us a call. You can always check out the latest Sanibel real estate listings at www.chuckandrews.com

Sanibel Real Estate Blog: OPTIMISM!

December 19th, 2017

Hey, Sanibel real estate buyers:U.S. homebuilders are feeling more optimistic than they have in nearly two decades.

The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose five points to 74 this month. That’s the highest reading since July of 1999, more than 18 years ago.

If the time has come for your to research Sanibel real estate or any other Southwest Florida real estate, check out our website at www.chuckandrews.com or give us a call to get a list of area homebuilders.