NEW YORK – Jan. 21, 2014 – The aging of the nation’s Baby Boomer population could reshape the United States’ residential real estate market – and economy – in the coming years. As members of this demographic get older, many will move out of the houses where they raised Continue Reading
NAR: In 2013, U.S. prices hit ‘06 levels with sales up 9.1% – strongest in 7 years
WASHINGTON – Jan. 23, 2014 – Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to National Association of Realtors®’ (NAR) sales figures released today. Total existing-home Continue Reading
Fla. home sale prices up 11.4% year-to-year in Dec.
ORLANDO, Fla. – Jan. 23, 2014 – Florida’s housing market reported higher median prices, more new listings, fewer days on the market and the continued stabilization of inventory in December, according to the latest housing data released by Florida Realtors®. Closed sales of Continue Reading
Sanibel, Captiva, Fort Myers & Surrounding Areas: National Shadow Inventory at Lowest Level in 6 Years
CoreLogic states that the national shadow inventory — also often known as “pending supply” — dropped to the lowest level since August 2008, to 1.7 million homes and down 24 percent compared to levels just one year ago. The company estimates shadow inventory by the number of Continue Reading
John R. Wood Agents Welcome New Neighbor, Bennett’s Fresh Roast
One can only say, ”the much anticipated opening of Bennett’s Fresh Roast on Periwinkle Way was worth the wait.” Owners, Bob and Frankie have transformed the former office building and site into what will surely be one of Sanibels favorite breakfast and lunch Continue Reading
Highest Price Home Sold in SW Florida by John R. Wood
A $30 million dollar property on Gordon Drive in Naples was the most expensive sale of 2013 in Southwest Florida. Sold by John R. Wood Realtor, Bill Earls, the allure of this property is the 200 feet of beachfront. The home sitting on the property was of no real Continue Reading
U.S. economy expands at 4.1% rate | Sanibel Captiva Florida Real Estate
The associated press announced on December 20th that the US economy expanded at a solid rate of 4.1% from July through September of 2013. That percentage is significantly higher than expected. Read full article here. Continue Reading
John R. Wood Island Real Estate Celebrates the Holidays and a Successful 2013
With a perfect beach day out on Captiva, even a dredging pipeline couldn’t damper the celebration of the owners, staff, and agents at John R. Wood Island Real Estate. Their annual Christmas party, held at the Captiva Island Yacht Club, always features a Gulf beach cocktail Continue Reading
Sanibel, Captiva & Fort Myers Real Estate: Mortgage Rates Inch Downward
Realtor.com reports: Fixed-rate mortgages saw a slight decline this week. The downward move comes after rates saw a healthy increase over the past three weeks in response to positive economic reports, particularly in the growth of private-sector employment. The drop in Continue Reading
Housing Market Heats Up in Warmer Climates
Because of tight inventory, states in the West and South are expected to see home prices jump by 4 to 8 percent over the next 12 months, according to the latest data from the REALTORS® Confidence Index Survey. The highest price growth in the next year is expected in Continue Reading
Featured Properties in our Islander Wrap
Our featured properties coming out on the cover of the Islander newspaper. Take a look, to search all area properties click HERE . . . Continue Reading
Sneak Peak of our Cover on the Islander Wrap
Coming out tomorrow, our Cover Wrap with featured properties on Sanibel's Islander newspaper *Prices and properties are believed to be accurate but is not warranted. Properties are subject to errors, omissions and withdrawal without prior Continue Reading
Thank You Sponsors of Noah’s Concert for the kids
Go to www.NoahsConcert.com for photos and details on the event Continue Reading
Real Estate Selling Faster Than Previous Year
What is happening in real estate outside the Sanibel real estate market? Nationwide, homes listed for sale on Zillow were selling at a rapid clip, to the tune of a month faster in September than a year ago, according to a new analysis. Zillow measured homes sold on the real Continue Reading
Noah’s Concert for the Kids
Remaining tickets are now 1/2 off. Come out and support Noah and the Children's Hospital with all proceeds going to the Golisano Capital Campaign. [youtube]http://youtu.be/eS6DMK8C2hE[/youtube] Continue Reading
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