| | Greetings and thanks for Reading! As predicted, sales nationwide slowed this summer. This was due in part to the end of federal tax credits for homebuyers. But the important statistic to note is that, while sales volume slowed, in the Northeast and the West single-family home values actually went up. Despite the slower volume of sales, home values have been steady for the past 18 months. Sales are beginning to pick up in FL right now. The table below from the National Association of Realtors (NAR) shows the rate of change for home values per region. 
Comparing home values from July 2009 to July 2010, NAR chief economist Lawrence Yun, reports that the price of homes increased .7%. Also, Yun reports that annual sales averaged 4.9 million in the past 20 years. But for 2010, annual sales are expected to reach 5 million because of the healthy activity from January to June. Historically, July marks the peak in available inventory. High supply of inventory benefits buyers. But as inventory shrinks, prices will move up. Given that home values are stable and that new-home construction is low, sellers should experience a better selling market. Florida will follow the national trend very soon so selections and timing may be at an all-time best! This may be the time to evaluate your real estate needs. |
| 11110 First Ave, Punta Gorda, FL 33955 - $39,500 Affordable home with new tile, carpet and updated kitchen with new cabinets. See this cutie (912 sq. ft. under air/very open-functional floor plan) with crown molding, high woodwork, and a relaxing lanai. Enjoy the tropical lifestyle with quick, easy access to Punta Gorda or Cape Coral with all of the amenities and fun things to do. Excellent starter home, investment or winter retreat! See it on the web or call:941-235-3528 for more details. Less than rent! Punta Gorda Port Charlotte Homes For Sale | 415 Myrtle St., Punta Gorda, Punta Gorda, FL 33950 - $44,900 Updated home even has a spacious family room with inside laundry, additional storage, new carpet, appliances, kitchen cabinets and more! Ready to move in, this home features a nice size lot (approx. 9,000 sq. ft.) and possibilities for a second bath. Motivated seller says sell. Hurry! Call Bill ro Terrie at: 941-235-3528 or toll free: 877-75HOYLE (approx. 1040 sq. ft. under air) Central AC of course! | 2053 River Basin Terrace, Palm Isles, Punta Gorda, FL 33982 - $349,900 See this spacious home with 1723 sq. ft. under air, a refreshing pool with lanai, rich bamboo floors, and weather protection with high-impact windows (Miami-Dade 155 MPH) and transferable warranty on the insulated, steel roof for added energy savings! You'll love the flow-through floor plan with breathtaking views from nearly every room. A Rare Find! See it on the website: Homes in Punta Gorda | 12348 Minot Ave., South Gulf Cove Waterfront Lot, Port Charlotte, FL 33981 - $49,900 Excellent lot for your Florida home with very quick access to the Myakka River and beyond to Charlotte Harbor and/or Gulf of Mexico. This is a new listing and priced for any investors as well. Hurry on this one. Public water and more! Nice homes all around. Prime area! 941-235-3528 | 9344 Vivante, Top-Floor Harborfront Penthouse!, Punta Gorda, FL 33950 - $364,900 This stunning and like-new home features a spacious floor plan with entry through the foyer from your elevator. You'll notice the granite counter tops throughout and especially the panoramic views of The World-Famous Charlotte Harbor, the sailboats and sparkling waters! Enter the secure, gated Mediterranean village and wind through paver-lined bridges and stop by the 12,000 sq. ft. clubhouse with lagoon/vanishing edge pool, lap pool, Har-Tru tennis, fitness center, entertainment room, cyber-room, library and bar area with fully equipped kitchens and more. The lush grounds are manicured to perfection with a tropical setting you won't want to leave. Fisherman's Village is a skip down the road for shopping and dining and of coures there are more activities including the arts, culture, music, fine dining, sports, nature and more. Watch the frolicking dolphins jumping and swimming about and cruise the Gulf Islands of Sanibel, Captiva or even the Keys. For the golfers, there are many outstanding courses to pick from before relaxing on your over-sized lanai with a tropical beverage of choice. Call to see! Professionally Decorated and is negotaible for a turn-key home complete and ready to move into. 941-235-3528 See it on the Web: Punta Gorda Homes | 624 FlamingoDr., Suite 201, Venice, FL 34285 - $220,000 Visit the quaint village area of San Ramon (Venice, FL) with this freshly painted and fully turn-key Condo with a sparkling pool, landscaped grounds and your own white-sand beach! The home is ready to move in and has a spacious living area with 991 sq. ft. under-air. Everything is close by with more to do than you'll ever have time for from golfing, fishing/boating, sports events, cultural activities including art and music, nature walks, theatre and comics, movies and shopping until you drop. Dine out at multiple restaurants and eateries or just relax by the pool (heated) and feel the tropical breezes and sunshine all winter. To see this great opportunity, call us at: 941-235-3528 or toll free: 877-75HOYLE Other homes listed much higher! Great Price! See it! |
Q: Can you tell me about the FHA Short Refinance Option for homeowners with negative equity? A: First, let’s define negative equity. Negative equity means that the homeowner owes more on their mortgage than the current value of their property. The good news is that starting September 7, 2010, the Federal Housing Administration (FHA) will offer the opportunity to qualify for a new FHA-insured mortgage. To qualify, the main criteria include the following: - The non-FHA borrower must be current and in good standing with their existing mortgage.
- Their lender must agree to write off at least 10% of the unpaid principal balance of the first mortgage.
- The homeowner must have a credit score equal to or greater than 500.
- The property must be the homeowner’s primary residence.
For more information, you can go to the FHA site at www.fha.com. With people tightening their financial belts, I’ve been thinking about less costly ways to enjoy life. What about parks? Our National Parks embody some of America’s greatest historical moments and capture some of America’s grandest beauty. With over 400 National Parks scattered across the nation, there is something for everyone. Young and old alike can appreciate the boyhood home of President Lincoln, kayak the untouched coast of Maine, and explore the world’s longest known cave system in Kentucky. In Florida, see historic Punta Gorda and surrounding areas or see the white sand beaches and do some bird watching, fishing and other great warm-weather activities. Many like to take in a sporting event. The breathtaking sunsets and beaches are free! In California, you can trek the route of the original Pony Express, visit the nation’s most infamous federal penitentiary on Alcatraz Island, or the home of America’s only Nobel Prize winning playwright. And you can see some of the country’s most spectacular natural landscapes, from streaming sand dunes to snow-capped mountains, and the incomparable redwood forests. Wherever you are, you can find your perfect adventure for a day or cross-country trip by visiting the National Park Service’s website at www.nps.gov. Use the search tool to locate national parks state by state. Fall's nearly here; it's time to tackle home maintenance projects and improvements that can protect your home's value and prevent costly repairs. Below are some of the top maintenance projects for fall: Furnace: Replace your old furnace filters with new ones. While you’re at it, clean out those ducts. If you've changed your filters regularly, you can just lift off the register covers and vacuum out the boots with a shop vacuum. If you haven't cleaned them in awhile, consider calling a professional duct cleaning service to handle this important chore. Windows: If you’ve opened and closed your windows much during the warmer months, dirt and debris can gather at the seals and prevent them from sealing properly. In the coming months, heat will escape through small gaps. Take the time to go around the house and clean each window. Replace any worn-down weather stripping. If you have an older home with its original, wood-framed windows, check the outside of them for dried, flaking caulk. Replace it with weather-proof caulk made for windows. Deck: If your deck has never been treated, do it now. Pressure wash the entire deck, let it dry for at least three hours, then rub on water sealer and let it dry. A weekend afternoon of work will add years to the life of your patio. Roof: Critters will try and enter your home through the roof. Look out for lifting shingles, wood chips or shavings. Remove any damaged shingles to assess the damage. Purchase matching shingles and roof nails and replace damaged singles. For severe damage, call a professional roofer before the start of the rainy season. (Remember: Don't go up on a roof alone. Always have someone on the ground in case of an emergency.) Gutters: Clear them of debris, make sure the downspouts are unobstructed, and check for any structural problems. On a side note, fall is generally a slower season for many contractors. If you have any larger projects that require professional help, there's a chance you can save time and money by doing them in the fall. Give me a call if you’re looking for contractor or handyman. I’d be happy to refer one to you. Call us for a List of Properties for sale that fit your specific interests! Now is the Best Time to Buy in Florida. Call us and we'll tell you why. SW Florida Real Estate Awesome Prices and Values! Snooze-You Lose! http://www.homespuntagorda.com Thanks for reading! The According To Hoyle Group You've got a life; We help you live it! 877-75HOYLE or 941-235-3528 info@accordingtohoyle.com Sun Realty | |