Missed condo or HOA payments soon to effect credit score Some property owners have been rather cavalier in submitting their payments to Condominium Associations or Home Owners Associations. If they make the payment a few weeks, months or even years late, there was really nothing to worry about. That is about to change. One major credit reporting agency is planning to … Keep reading... about Missed Condo or HOA Payments
Real Estate News & Information
Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015
Real Estate Sales Reports for Single Family Homes sold in Charlotte and Sarasota Counties in the 30 days prior to 9/5/2015 During August, 2015 there were 1,037 single family homes reported sold in the MLS of Charlotte and Sarasota Counties. Ave. Listing Price: $302,862 Ave. Selling Price: $289,067 Ave. Selling Price as a Percent of List Price: 95% 344 of the reported … Keep reading... about Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015
Suncoasteam New Design
Your Suncoasteam has a new, responsive design to the website. Now it is as easy to search and view Southwest Florida real estate on a smart phone or tablet (iPad) as on a desktop computer. The display automatically adjusts to your device. In addition, with the new display comes a new way to search. We have installed an innovative, map based search where you can see properties … Keep reading... about Suncoasteam New Design
Canadians Encouraged to buy Florida Homes
Buy Florida Homes...A study by the Bank of Montreal says that the housing market in the US is heathy and prices are expected to rise. It added that Florida destinations for Canadians remain affordable with a median priced home approximately half the cost of a home in Canada. Over a half million Canadians own homes in Florida. Southwest Florida is a popular wintering spot for … Keep reading... about Canadians Encouraged to buy Florida Homes
Economic Data Points to Improved US Economy
Indicators of economic activity show that the US economy grew faster than expected and suggest that a sustainable growth period lies ahead. Business investment is up significantly and the growth rate April through June, 2014 was over four percent. In addition, the Labor Dept reported a drop in initial unemployment benefits claims. This is improvement is reflected in optimism … Keep reading... about Economic Data Points to Improved US Economy
Housing price increase expected in 2014
Real estate analysts expect home prices to increase by 8.3% in Florida during 2014. Price increase was slow in the beginning of the year but the second half is expected to make up for the slow start. Blaming severe weather for slow price growth, analysts are optimistic for appreciation of prices across the country and especially in Florida. … Keep reading... about Housing price increase expected in 2014
Florida Real Estate Market Improving
All factors point to improvements. Days on the market are down for listed properties. Prices are up. The number of closed sales in January 2014 was up 10.2% over January 2013. Continued low interest rates also was a factor in price appreciation. Statewide, the median sale price of a single family home was up 12.1% to $162,50 over January 2013. The price of condos / town homes … Keep reading... about Florida Real Estate Market Improving
Home sales reach seven year high
According to research by the National Association of Realtors, home sales are up 8.6% in Florida for the year 2013 with over 19,000 units. There has now been over 25 consecutive months of sale price increase in both single family homes and condo/townhome/villa. Homes are also selling after. The median time on market statewide was 50 days, meaning half of all listings sold in … Keep reading... about Home sales reach seven year high
Are Investors Flipping
This morning a customer said to me, “I hear that people are starting to “flip houses” again. What is going on is not what she had in mind. “Flipping” has always been part of the real estate market and probably always will. When a savvy investor find a home that is in need of repair with a good prospect of appreciation, he or she buys. They complete repairs and maintenance, add … Keep reading... about Are Investors Flipping
Florida’s real estate market improved during the 2013 third quarter
According to a report by the Florida Association of Realtors®, real estate in Florida closed more sales than the same period a year prior. Florida’s unemployment rate is lower than the national average which may have helped the real estate sales situation. The statewide price of single family homes showed an increase of 18.6% over the same period a year ago. The price of … Keep reading... about Florida’s real estate market improved during the 2013 third quarter