In a city that is as vibrant and cultural as Venice, picking my "Top 5" things to do or places to go was a real challenge. Rather than rant about the thousand reasons that I love Venice, I'll try to provide you with some insight as to what I would recommend and what I consider to be the "Top 5" in Venice. Venice is nice. Very nice. In fact, you can't even spell Venice without … Keep reading... about My "Top 5" of Venice, Florida
Sun Blog
30-Year Mortgage Rates Continue to Drop
The average US rate on a fixed mortgages decreased this past week to the lowest levels since long-term mortgages began in the 1950s. This decrease in the average fixed interest rate will give prospective buyers more incentive to purchase property in the housing market. According to mortgage buyer Freddie Mac, "the average rate on the 30-year loan fell to 3.56 percent... That’s … Keep reading... about 30-Year Mortgage Rates Continue to Drop
Florida Housing Market Continues on Positive Track
The positive trend that has been experienced in Florida for much of 2012 continued in July. According to data released by Florida Realtors, "pending sales, closed sales and median prices rose, while the inventory of homes and condos for sale dropped" last month. The housing market, which has been rebounding significantly in Florida over the past year, continues to show signs … Keep reading... about Florida Housing Market Continues on Positive Track
Affordable Building Lot in Desirable Area
MLS: C7013552 Do you want to build a home in a desirable area near waterfront homes without paying waterfront prices? If so, you must check out 4492 Cunningham Street in Port Charlotte! This is an excellent lot with water and sewer in an area where there are many luxury, waterfront homes. 10,000 square feet will allow you to custom build the home of your dreams and … Keep reading... about Affordable Building Lot in Desirable Area
Spectacular Building Lots in South Gulf Cove
MLS: C7036407 If you are searching for a waterfront lot with access to the Gulf, Charlotte Harbor, and Myakka River, look no further than 15392 Hennipen Circle in Port Charlotte. This spectacular building lot is located on a saltwater canal that provides a great view of nature and the passing boats. An adjacent waterfront lot is available for an estate size building … Keep reading... about Spectacular Building Lots in South Gulf Cove
Pending Sales Reach Two-Year High
The number of pending home sales bounced back in May, according to the National Association of Realtors (NAR). The levels reached in May were significantly higher than the prior year and the highest level in the past two years. According to Florida Realtors, NAR's Pending Sale Home Sales Index, "a forward-looking indicator based on contract signings, rose 5.9 percent to 101.1 … Keep reading... about Pending Sales Reach Two-Year High
Unsold Homes Inventory at Lowest Point in 5 Years
CoreLogic released its monthly report last week, revealing that the inventory of unsold homes is at the lowest point in five years. The reason? Negative equity, which is proving to be a driving force in the real estate market. Homeowners who owe more on their mortgage than the current value of the home are deciding to hold onto property and not sell now. The result of this has … Keep reading... about Unsold Homes Inventory at Lowest Point in 5 Years
Why Lowball Offers Will No Longer Work
Tracking "lowball offers" is something that can really demonstrate how the real estate market is performing. In a market where prices hit all time lows and buyers were finding "steals," lowball offers had become fairly common. However, as the market has begun to shift in the right direction, the number of these lowball offers seems to be dwindling. To better understand, we must … Keep reading... about Why Lowball Offers Will No Longer Work
Home Prices Rise for Second Month
When CoreLogic released its April Home Price Index (HPI) earlier this week, there were many encouraging signs that the housing market is recovering better than originally predicted. Home prices and the number of distressed sales increased nationwide by 1.1% in April 2012 (compared to 2011). This marked the second year-over-year increase in 2012 and the first time two … Keep reading... about Home Prices Rise for Second Month
First Quarter Review: Housing Affordability
The first quarter of 2012 was a milestone for housing affordability, according to the National Association of Realtors (NAR). The Housing Affordability Index, which "provides a quick look at affordability and is calculated by the relationship between median home price, median family income and average mortgage interest rate" rose to 205.9 in quarter one of 2012 (National … Keep reading... about First Quarter Review: Housing Affordability