CHICAGO – Feb. 4, 2015 – Homebuyers need to move fast if they want to spend less, according to Jonathan Smoke, chief economist at realtor.com. "Delayed purchases will only result in higher monthly mortgage payments as prices and rates rise," Smoke writes. Realtor.com Continue Reading
THE SUNSHINE STATE RANKS NO. 1 FOR GOLF, SO IT’S NO SURPRISE THAT THE GAME CARRIES AN $8.2 BILLION ECONOMIC IMPACT.
GOLF MEANS BUSINESS. BIG BUSINESS. Bigger than Disney World. A new study shows the game carries an $8.2 billion economic impact in Florida, more than amusement and theme parks ($5.4 billion), more than medical equipment and supplies manufacturing ($6.5 billion). Considering Continue Reading
Fla. consumer confidence surges higher in Jan.
GAINESVILLE, Fla. – Jan. 30, 2015 – Consumer sentiment among Floridians rose sharply to 93.3 in January – almost 6 points higher than December's reading, according to a new University of Florida (UF) monthly survey. However, much of that increase occurred because of Continue Reading
Consumer Reports: Sellers can increase value by 12%
NEW YORK – Feb. 4, 2015 – A seller may be able to boost the value of their home by an additional 12 percent, with just a few smart pre-listing repairs, according to a new survey of 300 residential real estate professionals by the Consumer Reports National Research Center. On Continue Reading
Festival organizers, islands brace for annual shell-a-bration
Organizers of Sanibel's largest public event are gearing up for the surge of shell enthusiasts in March. The 78th annual Sanibel Shell Festival will attract shellers, crafters and those interested in the popular hobby. The event last year drew thousands, many from outside Continue Reading
Tennis tourney at Sundial welcomes renovations
A charity tennis event at a popular island resort is scheduled for Feb. 6. Sundial's Tennis Showcase features ATP Tour professional and Naples native Jesse Witten. The round-robin tournament puts together celebrity players with locals, with a doubles match to follow the Continue Reading
Does home staging help? Most Realtors say ‘yes’
WASHINGTON – Jan. 28, 2015 – Most homeowners know it's important to keep a home clean and free from clutter while it's on the market, but does staging the home increase the final selling price or offer other benefits, such as more interest buyers willing to tour the Continue Reading
55-plus housing market ‘one of healthiest segments’
LAS VEGAS – Jan. 23, 2015 – The 55+ housing market fared quite well in 2014, and 2015 should be no different, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Las Continue Reading
U.S. home equity continues to improve
NEW YORK – Jan. 12, 2015 – Average equity on all financed homes in the nation continued to grow as hundreds of thousands of borrowers moved into the black. As of the third quarter of last year, the average loan-to-value ratio (LTV) on all U.S. residential loans was 58.9 Continue Reading
Chamber Hosts Ribbon Cutting for Sanibel Historical Museum & Village
Sanibel, FLA (Dec 15, 2014) – The Sanibel & Captiva Islands Chamber of Commerce held a Ribbon Cutting Ceremony on December 10th to officially welcome the new Visitors Center at the Sanibel Historical Museum & Village. The new Visitors Center is located Continue Reading
Sanctuary executive chef rated as one of the world’s best, talks about his trade, food history
Daniel J. Scannell is one of 64 Master Chefs and has been granted Global Master Chef Certification from the World Association of Chefs Societies. He has served since March as the executive chef for the Sanctuary Golf Club in Sanibel. Chef Scannell started in his trade Continue Reading
2015 economic preview for Florida The Florida economy is expecting a sunny year.
Florida TaxWatch, the state's nonpartisan, nonprofit public policy research institute and government watchdog group, expects another year of economic growth and recovery in 2015, according to their 2015 Economic Preview. The independent analysis reports that Florida's Continue Reading
U.S. home prices coast upward in Nov.
U.S. home values rose at a measured pace in November, a sign that demand remains weak as many buyers have been priced out of the market. Prices increased 5.5 percent in November compared with 12 months earlier, real estate provider CoreLogic said Tuesday. That was up Continue Reading
End-of-year mortgage rates remain below 4%
Average U.S. mortgage rates rose slightly last week, but the benchmark 30-year rate stayed near a 19-month low. Mortgage giant Freddie Mac says the nationwide average for a 30-year fixed rate mortgage increased to 3.87 percent last week, up from 3.83 percent one week Continue Reading
Santa-bel volunteers share in the joy of giving
Santa got plenty of help this year from his friends and helpers in Sanibel and Captiva during the Santa Run on Dec. 23. San-Cap Kiwanis Club members delivered gifts and good cheer to island kids, families, seniors, anyone on the receiving end of a holiday gift and a happy Continue Reading
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