| | Season’s Greetings [[autoname]], As 2010 comes to a close, let’s review two real estate trends from this past year: affordability and stabilization. Affordability: 2010 marks the year of the lowest mortgage rates in the history of 30-year fixed loans. This trend began in the spring of 2009. The U.S. Department of Housing and Urban Development (HUD) reports that since April 2009 these lower rates have helped more than 8.3 million homeowners refinance. Annual borrower savings are estimated at $15.2 billion. Stabilization: Prices are stable and even on the rise in some areas. According to HUD’s web info at www.hud.gov/scorecard, the latest housing figures confirm continued signs of stabilization. To avoid foreclosures in depressed areas around the country, more than 3.73 million loan modifications took place between April 2009 and August 2010. Affordability + Stabilization + more buyers = rising prices: Lawrence Yun, Chief Economist for the National Association of Realtors, predicts an upswing of sales this spring. Historically, more single people buy in the fall and winter months, while more families buy in the spring and summer. There are some great opportunities in real estate right now in our area. As we enter the holiday season, know that I am here to help you or your friends with any real estate questions or needs. |
| 18880 LakeWorth Blvd., Port Charlotte, FL 33948 - $399,000 This is a must see with high ceilings and columns and fine appointments throughout including a custom office, fireplace, paver deck lanai & pool, oversized lot, 3 car garage and in impeccable condition! Truly a Must See! See it at: SW Florida Homes Click on "Featured Properties". | 415 Myrtle St., Punta Gorda, Punta Gorda, FL 33950 - $39,900 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 - $349,900 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: Is another housing bubble possible in the upcoming future? A: A bubble results from what economists call "pent up demand" - A surge in spending after a period of economic decline. There are many buyers in our area who are interested in moving into a more appropriate home, and many who have the means to do so. And, while I think that this spring we will see increased sales, I do not foresee another housing bubble in the next year. Currently there is a national inventory of 5.2 million homes for sale. It would take about ten months of sales to sell all those homes. Two of the main factors that would jumpstart a spurt of sales are an increase in job creation and the loosening of credit availability. Mortgage rates are low as I have mentioned, but the number of buyers who can access mortgages is fewer due to new stringent lending rules. I work closely with excellent mortgage lenders and can help you take advantage of this market when you are ready. Let me know if you have any questions. A holiday past-time I've enjoyed is meeting up with friends or family after dark and going for a drive or walk down some of the local streets known for houses decked in bright lights and taking in the show, then heading back home for a Tropical drink. It's one of those simple pleasures that brings loved ones together and only happens during the holiday season. Of course with the internet, if you don't know of local light displays in your town, you can search for them on the web. It's a cinch to locate a light show in your town. And the homeowners are happy for the publicity. With all the work they put into bedecking their homes and yards, they want an audience! Just go to your favorite search engine (Google) and search for "Christmas lights map," or just "Christmas lights," followed by your town or the nearest major metropolitan area for a list of sites that will give directions to your local light show. Enjoy the season! In December, real estate slows while people turn their attention to their family traditions. I decided to research how traditions vary around the globe. Here are a few December traditions that you may find interesting. In Sweden, the height of the Christmas celebrations is December 24th on Christmas Eve. Their Christmas feast, otherwise known as the famous Swedish Smorgasbord, features ham, pickled herring, and rice porridge. According to legend, anyone who finds a whole almond in his or her porridge will be married within the year. In Israel, the Jewish holiday of Hanukkah (or Festival of Lights) is most widely celebrated. According to the Jewish Talmud, when the Jewish people regained control of the Holy Temple of Jerusalem, there was only enough consecrated oil to fuel the eternal flame in the Temple for one day. Miraculously, the oil continued to burn for eight days. Hanukkah is a special time for families to celebrate the festivities of joy and thanksgiving. In Venezuela, Christmas festivities celebrate the birth of the baby Jesus. Venezuelans often display the Pacebre, or Nativity scene. On December 25 children awake to find their gifts around the Christmas tree. Tradition has it that it is the Child Jesus who brings gifts to the Venezuelan children instead of Santa Claus. Throughout the world, people celebrate by gathering for meals. Whether your holiday meal includes turkey, ham, pickled herring or other traditional favorites, I hope you can look around the table and share your blessings with those you love. We can e-mail you a list 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 | |