Fort Myers, FL Real Estate News

By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
It has been 10 years since Hurricane Wilma ravaged Florida. This was the last direct hit by hurricane to the state, and many home owners of Fort Myers luxury homes and other areas may have become unconcerned about the possibility that their home might be hit.The truth is Florida will be hit by a hurricane again. When? No one knows but it is important that residents prepare, particularly their outside, to minimize or eliminate hazards that can damage the home’s structure or Fort Myers luxury homes property. Get tips on readying your landscaping so that it, as well as your Fort Myers luxury homes, stays intact! 
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Before embarking on your next home improvement project on your Fort Myers luxury homes or other property, make sure you are clear on the rules regarding building permits.According to the National Association of the Remodeling Industry (NAIR), building permits can vary depending on where you live but generally a permit is required for remodeling projects that involve changes to a building’s existing footprint, electrical system, or plumbing.If adding new windows to existing walls in Fort Myers luxury homes, you will more than likely require a permit. In fact, you are most likely to need a permit for any project that goes beyond a simple repair or aesthetic upgrades. Find out more about permits before starting your home improvement project.
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
The following is the sales activity in Shadow Wood Preserve for the time period between February 17th and July 29, 2015.There was 1  Condominium sold for $215,000 during the period and was on the market for 23 days. The average discount from asking price was  14%. Available units number 2  and range in price from $217,900 to $249,000 and are 2348 sq.ft. There were 12 Single family homes sold for an average price of $695,567  and they were on the market for an average of 234 days. The average discount from asking price was 7.1%; but was off 8.3% from the original asking price. Available homes in Shadow Wood Preserve number 13 and range in price from $529,000 to $915,000 and in size from 2287 sq.ft. to 3498 sq.ft.Based on sales for the period, Shadow Wood Preserve  has an approximate 6 mo...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Looking to move means you have a choice of buying a preexisting home or newly built Fort Myers luxury homes or other type of new construction.Many home buyers love the thought of moving into Fort Myers luxury homes that have never had a previous owner. The “new house scent” is alluring, as is the possibility of picking out your own customized features, such as flooring, cabinetry, lighting, tiling, and many others amenities.But with new construction comes some drawbacks. It’s important for buyers of Fort Myers luxury homes to know whether new construction or an established home is truly the better choice for them and their lifestyle.Get an idea of some pros and cons of buying new construction.
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By Jill Winchel, We make it easy. You make it home.
(Royal Shell Real Estate - The Koffman Group )
Fort Myers Miracle BaseballPosted by Jill Winchel, Realtor with Century 21  If you enjoy watching baseball you should come out and cheer on the local High A team. The Fort Myers Miracle Baseball team is part of the Minnesota Twins organization. They play at Hammond Stadium which is within the Lee County Sports Complex on Six Mile Cypress Parkway. You can find their current schedule and purchase tickets online. They have ongoing promotions, ticket packages, and fireworks on certain nights. Ticket prices start at $6.50. Lots of fun for the whole family. More Things to do in and around Cape CoralIf you’d like assistance with buying a home in the area, contact Jill Winchel at 615-504-1185 or Ross Winchel at 239-898-1214. We are both Realtors with Koffman and Associates at Century 21 Sunbelt...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
The housing market, including homes for sale in Fort Myers, is generally in much better condition than it was two years ago. Lower mortgage rates and buys of vacation homes for sale in Fort Myers have given the Fort Myers real estate market a boost.  The National Association of Realtors (NAR) reports sales of vacation homes rose in 2014 by 57.4 percent. This is in comparison to 2013 home sales. These record high number may include vacation homes for sale in Fort Myers. In fact, NAR finds 21 percent of all home sales are vacation homes. Fort Myers homes for sale are in the region of the country that NAR reports is benefiting from the nationwide boom. Reportedly, vacation homes attract home buyers 40 percent of the time when they are in beach resorts, like Fort Myers luxury homes and othe...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
                    Heritage Cove Community Fort Myers Florida As an Broker Associate with Shore Line Realty a Gated Community, Waterfront and Boating Expert. I bring a wealth of knowledge and expertise about buying and selling real estate here in Southwest Florida. It's not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you. Here are some of the things I can do for you:Find Your Next Home with Smart-Phone Technology visit one of the highlighted links Southwest Florida Homes or Cape Coral Florida a Waterfront Community  You need someone who knows this area inside and out! I can work with you to find the right home at the right price for you, including all the neighborhood amenities that matter - not to mention the essential criteri...
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By Karen Nichols, Beach Realtor - Ft. Myers
(Premier Florida Realty of SWFL)
My new Listing is located in the community of Provincetown situated off College Parkway in Fort Myers.  I love this community. It's uneexpected, this quiet hamlet near the south/central part of the City.  And, great amennies that include a community pool, tennis, volleyball.  The Association fees are only $230.00 monthly.  For sale is a townhouse, two floors with 2 bedrooms and a full bath on the second floor and the living areas, laundry and half bath on the first floor.  There is also a large lanai and a garage.  Listing Price:  $82,900. As for the Provincetown in Cape Cod, 30 amazing paintings of my my artist friend, Tony Mallous, will be shown throughout the summer in Provincetown, on the tip of Cape Cod.  Karen "Kate" NicholsPremier Florida Realty of SWFLFLbeachrealtor@gmail.com(23...
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By Matthew Klinowski, PA, Golf Community Real Estate Specialist
(Downing-Frye)
 The Cape Coral-Fort Myers metro area was named one of the top 20 markets for home flips in the first quarter of 2015, according to a report by RealtyTrac. The region had 160 home flips in quarter one, making up 5.3 percent of total sales. The average purchased price of homes was $119,365, with the flipped price rounded to $174,782. Gross flipping profits were averaged at $55,417. View the entire report. For more information about properties in southwest Florida, contact Matthew Klinowski 239-370-0892 or visit my website.
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Somerset at The Plantation Homes Somerset at The Plantation is a Pulte Homes community located in Fort Myers, Florida just off of beautiful Treeline Drive.  Somerset is the golfing community portion of The Plantation, Bridgetown is the non-golfing side of the community.  Both communities offer an exemplary living experience offer secure gated entries with onsite guard attendants. Continue reading: Somerset at The Plantation
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
From the desk of Joe Kendall with Shore Line Realty. Whether you are a first time or a move-up buyer, there are two factors that will impact the amount of house you can afford in your price range: home prices & mortgage rates.Let’s look at what the experts are predicting over the next twelve months for these two areas:PRICESOver 100 economists, real estate experts and investment & market strategists were recently polled as a part of the Home Price Expectation Survey. They were asked to project where home prices are headed. The average value appreciation projected over the next twelve-month period is approximately 4.4%.MORTGAGE INTEREST RATESIn the latest Economic & Housing Market Outlook from Freddie Mac, they predict that the 30-year fixed mortgage rate will be 4.7% by this time next y...
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Colonial Country Club Fort Myers Florida Colonial Country Club Pulte Homes Master Planned Community located in Fort Myers Florida. The community is one hundred percent complete with only resale homes for sale. There is no new construction available at Colonial Country Club. Homes in Colonial Country Club consist of single family villa homes, attached villa homes and condominium homes with carports or coach/carriage homes with a garage.  Neighborhoods within Colonial Country Club include: Cypress Cove, Cypress Preserve, Featherbrook, Garden Lakes, Hidden Cove, Jasmine Pointe, Majestic Point, Mill Creek, Mill Run, Oakhurst, Oak Run, Sabal Pointe, Shadow Glen, The Links, The Preserve, Willow Bend. Colonial Country Club offers the same floor plans and appearance as Spring Run at The Brooks...
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Homes For Sale in San Carlos Park San Carlos Park is located in Fort Myers, Florida.  Properties for sale in San Carlos Park primarily consist of modest single family homes.  A typical home in San Carlos Park may offer three bedrooms, two baths and a two car garage.  Some homes may have private swimming pools.  Homes in San Carlos Park were built over a series of many decades so some older homes may have a one car garage or no garage.  Continue reading San Carlos Park Homes
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
   From the desk of Joe Kendall Broker Associate with Shore Line Realty The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created using Freddie Mac’s February 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are projected to increase steadily over the course of 2015.How Will This Impact Your Mortgage Payment?Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.Research released by Zillow touched on this point:“As rates rise, new h...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  From the desk of Joe Kendall Broker Associate with Shore Line Realty.We all learned in school that when selling anything, you will get the most money if the demand for that item is high and the inventory of that item is low. It is the well-known Theory of Supply & Demand.If you are thinking of selling your home, here are two graphs that strongly suggest that the time is now. Here is why…We all understand the DEMAND in Southwest FloridaAccording to research at the National Association of Realtors (NAR), buyer activity last month (January) was three times greater than it was last January. Purchasers who are ready, willing and able to buy are in the market at great numbers.We all also understand the meaning of SUPPLY over the last few years here in southwest Florida!The most recent Exist...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
From the desk of Joe kendall Broker Associate with Right Choice Realty, The Census recently released their 2014 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership. Easy… Chicken Little The national homeownership rate peaked in 2004, representing a 69.2% of Americans who bought vs. rented their primary residence. Many have noticed a decline in rate since then and taken that as a bad sign. However, if you look at the national rate over the last 30 years (1984-2014), you can see that the current homeownership rate has returned closer to the historic norm. 2014 ended the year with a rate of 64% just under the rate in 1985 and 1995. Bottom Line  With interest rates and prices still below where experts predict, evaluate yo...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
 From the desk of Joe Kendall Broker Associate with Shore Line Realty.Over the last 6 years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. Now the last three years has shown strong growth and experts project southwest Florida to be one of the strongest real estate markets in the United States over the next 10 years!Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups.Some of the findings revealed in their report: The average American family has a net worth of $81,200 Of that net worth, 61.4% ($49,856) of it is in home equity A homeowner’s...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  From the desk of Joe Kendall Broker Associate with Shore Line Realty:The housing market has taken a great turn toward recovery over the last few years. The opinions of the American public toward real estate took longer to recover, until recently.For the first time since 2006, Americans have an overall positive view of real estate, giving the industry a 12% positive ranking in a Gallup poll.Americans were asked to rate 24 different business sectors and industries on a five-point scale ranging from "very positive" to "very negative." The poll was first conducted in 2001, and has been used as an indicator of “Americans’ overall attitudes toward each industry”.Americans’ view of the real estate industry worsened from 2003 to the -40% plummet of 2008.  Gallup offers some insight into the r...
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