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

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

According to research by the National Association of Realtors®, pending home sales, homes that have contract to sell but have not closed escrow, have declined for the 4th month in a row. We are seeing the same in Southwest Florida as slow sales continue a buyer's market. According to the report, September marks the first time in 29 months that pending home sales weren’t above … Keep reading... about Pending home sales continue decline in Sept, 2013

Over the past several months, inventory of single family homes in North Port, FL has been shrinking and the price of homes has risen. Year to date (9/23/2013) in North Port, FL, there were 1,118 single family homes sold at a median price of $122,000. Last year (2012) there were 1,551 single family homes sold during the entire year at a median price of $100,000. For more … Keep reading... about North Port Home Sales

According to a report by Florida Realtors®, Florida’s housing market had more closed sales, higher pending sales, higher median prices and a reduced inventory of homes for sale in December, 2012. December marks the 12th consecutive month of higher statewide median sales prices for both single-family homes and for townhouse-condo units year-to-year, according to Florida … Keep reading... about Florida’s Real Estate Market Ends 2012 On a Positive Note

IRVINE, Calif. – Jan. 14, 2013 – CoreLogic, a real estate market research firm, released its CoreLogic Home Price Index (HPI) report today.  It found a 7.5 percent increase in home prices during 2012, the largest home price increase since 2006. CoreLogic projects home prices to increase 6 percent in 2013.  Factors pushing the increase are greater affordability fueling steady … Keep reading... about Real Estate Research Firm Predicts 6% Price Increase in 2013

2012 set a record as affordable homes were sold and interest rates low. http://rotonda.suncoasteam.com/2013/01/11/housing-affordability-sets-a-record-in-2012 … Keep reading... about Home owner affordability

According to a report by the Florida Association of Realtors, sale of single family homes in the state was up 24.4% in November 2012 as compared to November 2011. The median sales price for Florida single-family homes in November 2012 was $150,000, up 11.2% from a year ago. In Charlotte County, FL, there were 240 single family homes sold in November 2012 with a median price … Keep reading... about HOME SALES SURGE IN FLORIDA