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January Get the Buzz According To Hoyle
 
The Hoyle Report
 
 

THE BUZZ

Happy New Year! Already, the outlook for real estate is looking brighter than last year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), says “The market is recovering and we should trend up to a healthy, sustainable level in 2011.”

“All the indicator trends are pointing to a gradual housing recovery,” Yun said. “Home price prospects will vary depending largely upon local job market conditions. The national median home price, however, is expected to remain stable even with a continuing flow of distressed properties coming onto the market just as long as there is a steady demand of financially healthy home buyers.”

Existing-home sales are projected to rise about 8% to 5.2 million in 2011 from 4.8 million in 2010. The median existing-home price could rise 0.6% to $173,700 in 2011 from $172,700 in 2010.

“As we gradually work off the excess housing inventory, supply levels will eventually come more in-line with historic averages and could allow home prices to rise modestly in the range of 2 to 3 percent in 2012,” Yun said.

With the active spring real estate market several months away, January is an ideal time to review your real estate goals for 2011. I would love to assist with my real estate knowledge and experience - just give me a call.

 

 

FEATURING...

Featured Listings:

30072 Balsam Blvd., Punta Gorda, FL 33982 -  $49,900
If you don't mind doing the finishing work, this one's for you. Tile is in along with wood cabinets. This is an incomplete home that needs a driveway, HVAC and flooring in the bedrooms. Buy at a discount, finish and SAVE!
175 Kings Hwy # 921, Punta Gorda, FL 33983 -  $45,000
Take a look at this condo with 3 bedrooms or 2 bedrooms and a den, 2 btahs and close to all amenities. This is a Lender-Sanctioned Short-Sale. Don't let this one get away! Won't Last!
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".
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 -  $42,000
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
2152 Ulster Ct., Punta Gorda, FL 33983 -  $139,900
Nothing needs done to this beauty with full hurricane protection, lanai, vaulted ceiluings, granite counter tops, full appliance package and in a quiet cul-de-sac location in Deep Creek near the golf course. See this one if you want a move-in home. Furnishings negotiable!
JUST ASK

Q: In November 2010 the Federal government discussed the possibility of not allowing homeowners to deduct mortgage interest on their taxes. Can you give me an update?

A: The National Association of Realtors (NAR) is strongly opposed to any reduction in mortgage interest deductions (MID). While critics suggest that MID mostly benefit the wealthy, statistics actually show that deductions primarily benefit middle and lower income families. (Almost two-thirds of those who currently claim the MID are middle-income earners.)

Ron Phipps, President of the NAR, says “The ability to deduct mortgage interest payments means a significant savings at tax time. A family with a $200,000 30-year fixed rate mortgage could save nearly $3,500 in federal taxes next year.” This Federal proposal from an 18-member White House commission is being called “dead on arrival.” Still, both our national and statewide real estate associations will be watching this closely. Please let me know if you have further questions regarding this or other government policies towards real estate.

 

 

MY TOWN

Experts in economic and social patterns have identified a growing trend in consumer consumption they're calling collaborative consumption. Described as the rapid explosion of traditional sharing and bartering fostered by social networking on the Internet, collaborative consumption isn’t just a trend – it’s being called a revolution towards an economy based on mutual trust.

The origins of this new mindset can be traced to websites like eBay and Craigslist where consumers buy goods from strangers over the Internet. Like eBay, many of the websites that facilitate these transactions allow users to rate their experiences and the overall integrity of the person or business with whom they’ve transacted.

Whether it’s unused space, goods, skills, money, or services, websites for trading goods and services are appearing every day all over the world. A founder of one such website, www.ecomodo.com, Merial Lenfestey, makes the point: “The average drill gets used for 10 to 20 minutes over its lifetime. Drills don't cost a fortune but they cost enough to make those 20 minutes quite expensive."

The principle of sharing is nothing new, but the trust economy, combined with environmental concerns and the rise of new technologies has created the conditions for it to prosper. For more information, check out the book What’s Mine is Yours: The Rise of Collaborative Consumption (www.collaborativeconsumption.com) by Rachel Botsman and Roo Rogers.

Below are just a few websites you'll want to check out:

 

 

FYI

The celebration of the New Year is our oldest holiday and with it comes an equally ancient tradition of making resolutions. The Romans named the first month of the year after Janus, the god of beginnings and the guardian of doors and entrances. Janus was depicted as having two faces; one on the back and the one on the front of his head so he could look simultaneously back on past events and forward to the future. Janus became the ancient symbol for resolutions and many Romans looked for forgiveness from their enemies and also exchanged gifts before the beginning of each year.

Aspects of this tradition continue to appear today in major faith traditions. For examples, during Rosh Hashanah, the Jewish New Year celebration, observers reflect on their wrongoings of the past year and seek to recieve and offer forgivness. The Christian tradition of Lent is also a time to atone for mistakes, reflect on improving one's self and relationships with others.

Regardless of tradition, at this time of year about one-third of Americans resolve to make positive changes in their lives. Considering only about a third continue long into the New Year, it's worth considering ways to keep your New Year's resolutions.

Keep Your Goals Realistic: New Year's can bring on a rush of enthusiasm for change. We often believe we can tackle our goals effortlessly. For example, you may not be able to start and maintain an intensive work-out plan when you currently don't exercise at all. Instead, make small, incremental steps towards your goal. Start by joining a gym, resolving to go just twice a week. Remember that action precedes motivation, not the other way around. Just putting on your running shoes and stepping onto the treadmill will create the momentum you're waiting for.

Break it Down: Make small, actionable goals. For example, instead of resolving to keep in touch more with friends and family, make a list of people you want to improve connection with. Then, resolve once a month to call or email one of them. Want to lose 50 pounds? Break it down into five or even one-pound increments. Don't let setbacks get you down; Shoot for progress, not perfection.

Share your Goals: Don't go it alone. Tell others about your goals, people with whom you can share your progress and challenges and who can gently nudge you when you get off course.

Make Your Goals With Meaning: Your resolutions need to have meaning to you in order to create the internal motivation you need to continue in your goals. Make resolutions that are important to you, to your well-being and happiness, to keep you motivated and focussed. If you are resolving to do something just because others feel you ought to, you'll find it dificult to follow through.

 

 

Your Florida Real Estate Connection

 

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 

 

 

 
 
Contact Info:

Bill Hoyle
Realtors-Consultants AARE CAI
The According to Hoyle Group-Sun Realty
25166 E. Marion Ave.
Serving Florida and Beyond!
Punta Gorda, FL 33950
W: (941) 235-3528
M: (941) 628-1425
info@accordingtohoyle.com
http://www.homespuntagorda.com
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Published Tuesday, January 11, 2011 7:46 PM by Bill & Terrie Hoyle

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