Residential , Condo, Vacant Land and Commerciat Sales 9/26/2010 - 10/23/2010
Residential (7)
1) ListPrice - $248,500/SalesPrice - $225,000 - 2407 Shop Rd., Sanibel ,FL 3BD/1BA
2) ListPrice - $465,000/SalesPrice - $386,000 - 4481 Oyster Shell Dr, N.Captiva ,FL 4BD/2.5BA
3) ListPrice - $479,000/SalesPrice - $469,000 - 1859 Ibis Ln, Sanibel, FL 2BD/2BA
4) ListPrice - $599,000/SalesPrice - $518,000 - 557 E. Rocks Dr., Sanibel, FL 4BD/3BA
5) ListPrice - $1,077,700/SalesPrice - $900,000 - 978 Oyster Ct., Sanibel, FL 4BD/3BA
6) ListPrice - $1,200,000/SalesPrice - $870,000 - 478 Gulf Bend Dr., N.Captiva, FL 3BD/3BA
7) ListPrice - $1,399,000/SalesPrice - $1,108,125 - 1232 Isabel Dr., Sanibel, FL 3BD/2BA
Condo's (9)
1) ListPrice - $199,000/SalesPrice - $190,000 - Colonnades - 1BD/1BA
2) ListPrice - $429,000/SalesPrice - $420,000 - Sundial - 1BD/1BA
3) ListPrice - $799,000/SalesPrice - $735,000 - Pointe Santo - 2BD/2BA
4) ListPrice - $975,000/SalesPrice - $975,000 - Lands End Village - 2BD/2BA
5) ListPrice - $995,000/SalesPrice - $842,000 - Compass Point - 2BD/2BA
6) ListPrice - $997,500/SalesPrice - $865,000 - Gulfside Place - 2BD/2BA
7) ListPrice - $1,195,000/SalesPrice - $945,000 - Blue Gulf - 3BD/2BA
8) ListPrice - $1,195,000/SalesPrice - $1,100,000 - Gulfside Place - 3BD/2BA
9) ListPrice - $1,595,000/SalesPrice - $1,300,000 - Lands End Village - 3BD/3BA
Vacant Land (2)
1) ListPrice - $135,000/ SalePrice - $120,000 - 4570 Oyster Shell Dr., N. Captiva, FL
2) ListPrice - $899,000/ SalePrice - $660,000 - 4620 Excondido Ln., N. Captiva, FL
Saturday, October 23, 2010
GREAT OPPORTUNITY TO BUY !
Florida consumer confidence up slightly
Capping the oil spill in the Gulf gave a boost to Florida Consumer confidence this month, pushing it up slightly to the highest level since May, a University of Florida survey shows. As reported in the St. Petersburg Times
Mortgage rates4.25% under 417,000 4.99 (1 year ago) lowest in 40 years
5.375 jumbo 30 yr 6.00 (1 year ago)
This is a good time to buy!!!!
Capping the oil spill in the Gulf gave a boost to Florida Consumer confidence this month, pushing it up slightly to the highest level since May, a University of Florida survey shows. As reported in the St. Petersburg Times
Mortgage rates4.25% under 417,000 4.99 (1 year ago) lowest in 40 years
5.375 jumbo 30 yr 6.00 (1 year ago)
This is a good time to buy!!!!
JOHN R WOOD RANKED #100 IN THE NATION
John R. Wood ranked #100 in the nation
John R. Wood Realtors has achieved the distinction of being the most successful Real Estate company in Southwest Florida based on sales volume for 2009 as reported by Realtor Magazine. The companies rank was 89th in the country. The company produced 1928 transactions.
Second Home and vacation
John R. Wood Realtors has achieved the distinction of being the most successful Real Estate company in Southwest Florida based on sales volume for 2009 as reported by Realtor Magazine. The companies rank was 89th in the country. The company produced 1928 transactions.
Second Home and vacation
SECOND HOME AND VACATION RENTALS ON SANIBEL AND CAPTIVA REMAIN STRONG ! !
Second Home and vacation rentals remain strong
Nearly two thirds of second homeowners (63%) are able to cover at least half of their mortgage by renting out the home to travelers, and 38 percent enough rental income to cover 75% to 100% of the properties mortgage. Vacation rental bookings are about the same or higher than last summer, averaging 20 weeks per year the report finds. According to HomeAway, an online vacation marketplace
Nearly two thirds of second homeowners (63%) are able to cover at least half of their mortgage by renting out the home to travelers, and 38 percent enough rental income to cover 75% to 100% of the properties mortgage. Vacation rental bookings are about the same or higher than last summer, averaging 20 weeks per year the report finds. According to HomeAway, an online vacation marketplace
FORECLOSURES AND SHORT SALES ON SANIBEL AND CAPTIVA ISLAND
Short sales and foreclosures on Sanibel
By Jay Richter Broker John R. Wood Island Real Estate, inc
Short sales and foreclosures have been a big portion of sales in Florida and throughout the country. Customers asking about these types of properties on Sanibel find an answer to the contrary. Sanibel over the past year has recorded 140 sales and 10 have been short sales/foreclosures. That represents 7% of the total sales. Now let’s look at supply and see what the total number of listings are compared to short sale and foreclosure listings. Of the 234 residential properties for sale 13 are short sales/foreclosures which is 5% of the market. Sanibel purchasers have historically put more down when purchasing property and therefore did not take out as many risky mortgages. However it is still a buyer’s market and there are good buys available even though they may not have the short sale/foreclosure label.
By Jay Richter Broker John R. Wood Island Real Estate, inc
Short sales and foreclosures have been a big portion of sales in Florida and throughout the country. Customers asking about these types of properties on Sanibel find an answer to the contrary. Sanibel over the past year has recorded 140 sales and 10 have been short sales/foreclosures. That represents 7% of the total sales. Now let’s look at supply and see what the total number of listings are compared to short sale and foreclosure listings. Of the 234 residential properties for sale 13 are short sales/foreclosures which is 5% of the market. Sanibel purchasers have historically put more down when purchasing property and therefore did not take out as many risky mortgages. However it is still a buyer’s market and there are good buys available even though they may not have the short sale/foreclosure label.
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