One of the most exciting things about commercial real estate on Sanibel Island is seeing the potential benefit that every storefront can add to the community. Two businesses on Sanibel have recently been featured for the ways that they are enriching the island both through Continue Reading
Sanibel and Fort Myers Area Cuisine Featured at 2015 Expo Milano
Last night, overlooking some of the most romantic real estate in Milan, journalists and leaders were invited to taste and celebrate the unique cuisine of the Sanibel Island - Fort Myers region of southwest Florida. Under the leadership of American Chef Paul Sanguinetti, an Continue Reading
REITs – A good bet in a strong economy
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
Homebuyers need to act now – Sanibel Captiva Island Real Estate
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
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
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
U.S. home prices up 4.5 percent in October
U.S. home prices rose in October at a slightly slower pace, as real estate sales have fallen and affordability has increasingly become a challenge for potential buyers. Facts HOME PRICES Case-Shiller Home Prices Index Community Year-over-year pricing in Continue Reading
NAR: Improving economy brightens commercial outlook
WASHINGTON – Aug. 26, 2014 – The second quarter's strong rebound and job creation improved the outlook for all major commercial real estate sectors, according to the National Association of Realtors® (NAR) quarterly commercial real estate forecast. "The job market has Continue Reading
Fla. home to 5 of the 10 top spots for CEOs
VERO BEACH, Fla. – Aug. 8, 2014 – An analysis of Census data identifies housing markets with the greatest share of chief executive officers and lawmakers living and working locally. According to data analysis firm Spread Sheet, all cities favored by CEOs have at least one Continue Reading
How is the Real Estate Market?
It is doing fantastic! Sales are up and listings are down yielding price gains. Customers are now able to sell their homes up north and move down. The amazing aspect of the sales is how well our office is doing! The Board of Realtors in our area had a 3% increase in the Continue Reading
Consumer confidence rises again in July
The Conference Board Consumer Confidence Index, which improved in June, increased again in July. The Index now stands at 90.9, up from 86.4 the month before. The Present Situation Index increased to 88.3 from 86.3, while the Expectations Index that gauges attitudes about Continue Reading
NAR: International homebuyers continue to invest in profitable U.S. market
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=310591 WASHINGTON – July 9, 2014 – Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate Continue Reading
Building giant considers move to home-rental market
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=310520 Lennar Corp., one of the nation's largest home builders, is "considering" a move to build homes earmarked for renters if first-time home buyers continue to be reluctant, said Stuart Miller, the builder's Continue Reading
Featured Properties on this week’s Islander Newspaper
Woodring property acquired by ‘Ding’ Darling, Lee County
The "Ding" Darling Wildlife Society and Lee County announced on March 17 that Sanibel Island's historic 6.5-acre Woodring property had been acquired through a collaborative venture to conserve the local environment. The property was purchased for $3 million with funds from Continue Reading
