NEW YORK – March 16, 2015 – With the economy gaining strength, this is a good time to consider investing in commercial real estate. You can do that via real estate investment trusts (REITs). REITs trade like regular stocks, but they don't pay U.S. federal income taxes as Continue Reading
Sanibel Island: After four decades, an island landmark to get remodeled
t's been well over four decades since the last time one of Sanibel's most historic and storied buildings has received a make-over, and that time is about to come starting this summer. The Community House of Sanibel has been the hub station for residents to gather, Continue Reading
NAR: Pending sales hit highest level in 18 months
WASHINGTON – Feb. 27, 2015 – Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors®(NAR). All major regions except for the Midwest saw gains. The Continue Reading
5 reasons U.S. economy stronger than stats suggest
WASHINGTON (AP) – March 2, 2015 – The U.S. economy grew at a modest annual rate of 2.2 percent in the fourth quarter, less than half the third quarter's torrid 5 percent rate and weaker than the government first reported. While the sharp slowdown seems troubling on the Continue Reading
Baby boomer housing a hot market over next decade – Sanibel Real Estate
NEW YORK– March 2, 2015 – Sixty-five percent of retirees say they're living in the best homes of their lives, according to a new Merrill Lynch study conducted in partnership with Age Wave. But many retirees – free from work and family restrictions – will choose to move. The Continue Reading
103 things to do in Southwest Florida before you die
We agree with a whole bunch of these activities on Sanibel Especially #5 and #22 (which is right across the street from our Sanibel office)! Time is short. Here’s your checklist. Get crackin’. . 1. Make music, not war with the Punta Gorda Guitar Army on its Continue Reading
ArtPoems returns for ninth season
A fun mix of art and artistry returns Feb. 27 to the BIG ARTS Schein Performance Hall. ArtPoems, the collaborative multimedia poet and artist project of southwest Florida, will celebrate its ninth year with performances by southwest Florida poets and artists. In all, 11 Continue Reading
Drone Q&A for Florida real estate
WEST PALM BEACH, Fla. – Feb. 18, 2015 – Proposed rules for legal drone use aren't as stringent as the Federal Aviation Administration's (FAA) current rules, according to West Palm Beach-based attorney Jonathan Rupprecht. For now, approval for drone use requires various Continue Reading
Sanibel’s Real Estate market continues on a steady track
ORLANDO, Fla. – Feb. 23, 2015 – Florida's housing market had higher median prices, more new listings and a continued stabilization of inventory in January, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide Continue Reading
Homeowner tax breaks
WASHINGTON – Feb. 20, 2015 – Tax reform talk is once again heating up on Capitol Hill, with key lawmakers vowing to work together toward a simpler and fairer tax code. The implications for homeowners – many of whom take advantage of incentives such as mortgage interest and Continue Reading
Realtor Joins John R. Wood Properties on Sanibel Island
John R. Wood Properties on Sanibel Island welcomes agent Kay Wyatt. Mary “Kay” is a native of St. Louis, Mo. and has been wintering in south Ft. Myers since 1997. With her husband, Jack, they became full time Florida residents in 2009, residing in the South Ft. Myers area. Continue Reading
Higher incomes boost housing optimism
WASHINGTON – Feb. 12, 2015 – The number of households saying their income is significantly higher than it was a year ago is on the rise, as is the number expecting their financial situation to continue to move significantly higher over the next year – both reaching all-time Continue Reading
Cost to rent rising over home buying
TAMPA – Feb. 18, 2015 – Rent prices continue to surge like a red tide in the Tampa Bay area – something few welcome. And while many home prices are more affordable than rent right now, people aren't lining up to buy. Florida's housing crash during the recession forced out Continue Reading
U.S. proposes rules for commercial use of drones
WASHINGTON (AP) – Feb. 16, 2015 – The government proposed long-awaited rules Sunday to usher in an era of commercial drones zipping through U.S. skies, but packages from these unmanned aircraft won't be landing on doorsteps any time soon. The Federal Aviation Administration Continue Reading
Small, Exterior Home Improvements Offer the Best Value Investments in 2015, Say Realtors®
WASHINGTON (January 12, 2015) – Homeowners often consider various remodeling and replacement projects as a way to add value to their homes. Some projects add more value and better recoup their costs than others, according to Realtors® who rated small and exterior projects as Continue Reading
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