John R. Wood Properties welcomes Real Estate Agent Craig Cunha to it's team of experienced and professional realtors serving Sanibel, Captiva and the Fort Myers area. About Real Estate Agent Craig Cunha Craig Cunha knows what it is like to help out. At the age Continue Reading
John R. Wood Realtor Wins Customer Satisfaction Award
Mike Newes, a longtime realtor with John R. Wood Properties, was recently honored as one of Southwest Florida's 2015 Five Star Real Estate Agents by Gulfshore Life Magazine. To win the honor, Mr. Newes had to be nominated by one or more of his clients and had to 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
Sanibel Real Estate: Florida Housing Market Continues to Grow
The end of April 2015 shows steady growth for the Florida housing market. Florida Realtors recently released their latest data on the industry, which noted more new listings, higher median prices and increased sales at the end of last month. Here locally, John R. Wood 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
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
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
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
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
John R. Wood Island Real Estate Welcomes Realtor Sue Scavelli
Sue grew up in Northeast Ohio and is a licensed real estate broker, as well as being licensed in Florida. Sue also holds a Bachelor of Art Degree from Youngstown State University where she worked as a director for computer learning centers and an evaluator of government Continue Reading
Florida’s consumer confidence unchanged in Aug.
GAINESVILLE, Fla. – Aug. 27, 2014 – Consumer sentiment among Floridians remained flat at a post-recession high of 82 for the third consecutive month in August, according to a University of Florida survey. "While an overall reading of 82 is historically nowhere near a 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
Foreclosure inventory down 35%
U.S. foreclosure inventory plunged, but it's not yet time to break out champagne. Housing experts aren't quite ready yet to declare the foreclosure crisis over. And while things look better nationwide, Florida retains a leading spot as the No. 2 state for foreclosures 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