For the first time in two years, the number of standard home sales in Fort Myers surpassed the number or foreclosed homes sold.
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Originally posted. May 19, 2011
For the first time in two years, the number of standard home sales in Fort Myers surpassed the number or foreclosed homes sold.
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Originally posted. May 19, 2011
Northport Real Estate Investors Luncheon had about 20 people in attendance. 
The discussion was Northport Real Estate information and happenings.
The real estate informatoin shared was very upbeat and informative. Thank you Russ Smith of Exceptional properties for hosting the meeting! Here are a few of the highlights discussed about Northport Real Estate
Willis Miller, aka www.MrLandMan.com announced he has sold all of his lot inventory. Everyone in the room who knows Willis was rather stunned because he has been dealing in Northport Real Estate, primarily Northport Lots for years and has ALWAYS had Northport Lot inventory. The average price he got of the lots was $3,500 each. This is fantastic news bcause Northport Lots have been selling for less than $3,000 for a long time.
Building costs and Impact fees were brought up as well. The price for building permits and impact fees are in the $3,200 range. Way, Way less than it has been in the past.
It is working – Driving on Tamiami Trail to the meeting was an eye-opening experience. New commercial shopping centers are springing up all over the place!!
Builders in the SW Florida area have been busy as heck.
Greg Vine, a wildly successful and local Real Estate Broker www.sunacre.com shared with
Greg Sharing his obesrvations with the group
the group that all of his rental properties are full, his rents are increasing and 3 of his newest Residents came to Northport to work in the medical field. He is THRILLED with the upturn in the Northport Real Estate business and is looking forward to an ever increasing real estate market.
Wrapping up the meeting, Russ (http://www.vlshomes.com) shared some local Northport Real Estate Statistical Information for single family homes:
As if January 25, 2012
The Northport Real Estate Absorbtion rate has been averaging 100 homes per month.
This means there is only a 3 month inventory of homes available for purchase in Northport!
Under normal circumstances, a balanced market is 4 months. It looks like Northport Real Estate Market has entered into a Sellers Market.
I want to thank Russ for hosing a great meeting -
The poor unsuspecting buyers of the Tax Deed Lots will be in for a rude awakening when they find out they will need to cough up another $3,000 to $5,000 and 4 years waiting time in order to make the lots good enough to get “Title Insurance” on them.
Buyers are back in the marketplace, and that only means ONE THING ….. Lot Prices Are Beginning To Increase.
Let me remind you ALL the lots we deal in have Have Good Marketable Titles –
Check them out – Invest in a Port Charlotte Lot Today – before prices increase.
Originally posted. May 9, 2011
Florida is on the rebound! -Port Charlotte Land is Selling Tourists are coming back, builders are beginning to build, homes are selling, jobs are growing, etc.
If there was ever a better time to invest in real estate, I never heard about it – ALL and I mean ALL the indicators point in an upward direction -
Port Charlotte Land is the place to invest in right now.
Tourism surged throughout the state and in Southwest Florida this spring, the result of pent-up demand, a slightly improved economy and cycling over a period a year ago when oil was still gushing into the Gulf of Mexico.
Statewide, the number of visitors rose 7 percent from April through June from a year ago, according to preliminary estimates from Visit Florida, the state’s tourism agency.
In this region, total visitor traffic was up in both Sarasota and Manatee counties, rising 7.3 percent and 6.4 percent, respectively.
“We had a great April this year and our June numbers were up 11 percent from a year ago,” said Virginia Haley, president of the Sarasota Convention and Visitors Bureau.
Read More here:
We have a rotating inventory of Great Investment Lots available at very reasonable prices.
All of your lots come with General Warranty Deeds and Title Insurance.
Click here to view our Current Inventory
Originally posted. August 17, 2011
The Chinese Drywall Complaint Center has launched a toxic Chinese drywall inspection service, that is designed to hopefully assist existing homeowners obtain a meaningful loan modification, or mortgage forbearance agreement, if they are stuck in a Florida toxic Chinese drywall home, or condominium. They say, “No group, or organization has tried harder than us, when it comes to demanding a robust federal response to the toxic Chinese drywall disaster in Florida, or the US Southeast. Given the lack of any federal, or state response, we have designed an inspection service to help all existing Florida homeowners living in a toxic Chinese drywall nightmare, in the hopes it will help them obtain a significant loan modification, or forbearance agreement.” They say, “Our Inspection service report gets very specific about new valuations, based on what we think the toxic Chinese drywall remediation costs will be, if toxic Chinese Drywall is discovered. There is no service like this anywhere in Florida, or in the US Southeast.” For more information Florida homeowners, who are stuck in a toxic Chinese drywall home, or condominium can call the Chinese Drywall Complaint Center at 866-714-6466, or they can contact the group via their web site at http://ChineseDrywallComplaintCenter.Com
we have designed an inspection service to help all existing Florida homeowners living in a toxic Chinese drywall nightmare, in the hopes it will help them obtain a significant loan modification, or forbearance agreement.
(PRWEB) April 28, 2011
The Chinese Drywall Complaint Center is attempting to assist all existing Florida homeowners stuck in a toxic Chinese drywall home obtain some meaningful help from their bank, or loan servicing company, with it’s toxic Chinese drywall inspection report. In the instance of existing Florida homeowners, this report is designed to carefully document the existence of toxic Chinese drywall in a home, or condominium, and then provide the homeowner with a second report related to remediation costs, and associated costs. This, all in the hope the homeowner can receive a dramatic loan modification, or forbearance agreement from their bank, or loan servicing company. The group says, “At this point it appears President Obama, and the US Congress are no shows, on the toxic Chinese drywall disaster, in Florida, and all other Gulf States. We think our toxic Chinese drywall inspection service will be of great help to Florida homeowners stuck in toxic Chinese drywall hell. At this moment we think our inspection service is the best hope for Florida homeowners, who are stuck with toxic Chinese drywall to get any meaningful help, or assistance from their bank, or loan servicing company.” For more information interested Florida homeowners can contact the Chinese Drywall Complaint Center at 866-714-6466, or they can contact the group via their web site at http://ChineseDrywallComplaintCenter.Com
The Chinese Drywall Complaint Center is warning all home buyers to not purchase any Florida home, or condominium without a thorough inspection for toxic Chinese drywall. The group says, “While toxic Chinese drywall may have been used in new homes in Florida from 2000, until late 2008, we are very concerned about home remodeling, and or more importantly storm, or hurricane damaged homes in Florida. Translation-everything is on the table, and every home, or condominium needs to be inspected for toxic Chinese drywall in Florida.” They say, “For home buyers from out of state, you need to ask your real estate agent if they are aware of toxic Chinese drywall. In the event they say-no never heard of toxic Chinese drywall-find a new real estate agent. If a Florida home foreclosure has toxic Chinese drywall, our simplified report is designed to save the purchaser tens of thousands, or hundreds of thousands of dollars. Our basic inspection comes with a toxic Chinese drywall remediation cost built into our valuation formula.” http://ChineseDrywallComplaintCenter.Com
Important Note: The Chinese Drywall Complaint Center says,”On the topic of toxic Chinese drywall remediation contractors in Florida we have endorsed JJ Staten Homes. We believe their remediation protocol is the most sensible in Florida, for toxic Chinese drywall homes. Their protocol includes chemically treating the interior of the home, and then chamber testing the wood, and concrete block to make certain the hydrogen sulfide is gone. Anyone not doing this would be insane.” They say, “We appreciate everyone’s desire to go cheap on a toxic Chinese drywall repair. However, if its not done right the first time, you will have to repeat the process over, and over again. We say do it right the first time.” For more information about JJ Staten Homes please call them at 800-481-1961, or contact them via their web site at http://www.jjstatenhomes.com/.
Originally posted. April 30, 2011
http://www.heraldtribune.com/article/20110510/ARCHIVES/105101033/-1/TODAYSPAPER?p=1&tc=pg
Home prices in the United States posted their largest decline during the first three months of this year than any time since 2008, according to Zillow Inc., the Seattle-based real estate data provider.
The Sarasota-Bradenton metropolitan area bucked that trend, however, with communities collectively showing a flat performance when compared with the fourth quarter and rising 0.1 percent in March when compared with the previous month, Zillow’s report showed.
Stand-outs for appreciation in the quarterly comparison were the city of Anna Maria, up 1.6 percent; Ellenton, up 1.3 percent; the Fruitville area of Sarasota County, up 1.2 percent; North Port, up 2.2 percent; Parrish, up 1.2 percent; and the Whitfield area of Manatee County, up 4.4 percent.
The largest declines, according to Zillow’s metrics, were DeSoto Lakes, with a drop of 1.2 percent; Myakka City, down 4.3 percent; north Sarasota, down 1.6 percent; Sarasota, down 6 percent; and Southgate, down 2.8 percent.
The overall metro area price for the metropolitan area was $139,600.
Charlotte County posted a 0.3 percent decline from the fourth quarter of 2010 while the month-over-month comparison showed a 1.3 percent drop to an overall price of $112,200.
Punta Gorda and Rotonda West posted quarterly increases of 0.5 percent and 0.8 percent, respectively, while Port Charlotte declined 1.7 percent.
Nearby Fort Myers — hit hard by the housing downturn and foreclosure crisis — was one of the few places nationally to post an increase in home values, Zillow’s report showed.
Values in Fort Myers rose 2.4 percent.
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Originally posted. May 11, 2011
Dear Reader –
If you are still sitting on the fence waiting for the right moment to buy, you better download this report and read it now – otherwise, you will be sitting in the spot on that fence a year from now with knots in your stomach because you didn’t act NOW.
If you are actively looking for a deal, or are buying now, you’ll want to download this report and read it now too – because it will lend proof to you that you are doing the right thing by investing today, and remove any and all doubts.
Sarasota Real Estate Statistics December 2011
I am not going to go into detail in this article – the report has it all. However, I am going to give you a few highlights in bullet points on what is in it!
Inventories of existing homes for sale at price points under $200,000 are greatly reduced and multiple offers for attractive properties are now common.
Once again, the market has demonstrated that Sarasota is a
destination of choice for many homebuyers. For the overall yearof 2011, the resurgence in sales was dramatic, and represents a44 percent increase over the low point of the downturn in 2008,when only 5,820 properties changed hands.
The inventory of available properties for sale in Sarasota was at 4,567 in December, down slightly from the 4,672 in November. The inventory fell to a 10-year low of 4,408 in August 2011. As the inventory has slid, the months of inventory has dropped and now stands at 6.3 months for single family homes and 9.2 months for condos. A figure of 6 months is considered equilibrium between a buyer’s and a seller’s market.”
Immediate Release!
Lot Sales for the past 30 days in Zip Code 33981 (South Gulf Cove and Englewood Area)
550 Lots listed on MLS.
497 are still active, meaning 53 lots (10%) of them sold
50 of them priced between $3,000 and $5,500.
My personal research indicates just about all the lots sold below $4,500 were Tax Deed Lots – meaning another $3,000 to $5,000 and 4 years waiting will be needed to make the lots good enough to get “Title Insurance” on them. (The poor unsuspecting buyers are in for a rude awakening)
Synopsis …. The lower priced lots are being gobbled up!
Buyers are back in the marketplace, and that only means ONE THING …..
Lot Prices Are Beginning To Increase.
Let me remind you ALL the lots I have available Have Good Titles – ALL Have General Warrantee Deeds and Title Insurance!
ALL Are Priced BELOW $5,500.
Check them out – Get one or two now – before prices increase.
Originally posted. April 30, 2011
Lot Sales are Brisk and prices are beginning to increase!
Originally posted. April 30, 2011